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Oct
27th

Group 1 posts Q3 profit, but expects lower margins

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Auto retailer Group 1 Automotive Inc. posted a third-quarter profit of $18.3 million, but said it expected new-vehicle margins to fall through the end of the year. Group 1's new-vehicle margins last quarter improved 0.4 percentage points to 6. Full story...
Oct
27th

Group 1 has $18.3 million profit, aided by cost cuts

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Auto retailer Group 1 Automotive Inc. posted a third-quarter profit of $18.3 million, aided by $112.8 million in cost cuts this year. The net profit compares with a $21.8 million loss in the third quarter of 2008. Revenue fell 13 percent to $1. Full story...
Oct
27th

Sonic stays profitable, says and#8216;debt drama’ is over

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Sonic Automotive Inc. posted its third straight quarterly profit today, and just seven months after warning of possible bankruptcy, Sonic's CFO says the dealership group can focus on business and even reconsider selling some stores. Full story...
Oct
27th

Sonic boasts third straight quarterly profit

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Sonic Automotive Inc., the U.S. dealership group that postponed debt payments to avoid bankruptcy earlier this year, posted its third straight quarterly profit. Full story...
Oct
27th

Sonic posts third straight quarterly profit

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Sonic Automotive Inc., the U.S. dealership group that postponed debt payments to avoid bankruptcy earlier this year, posted its third straight quarterly profit. Full story...
Oct
27th

Sonic dealership group posts third straight quarterly profit

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Sonic Automotive Inc., the U.S. dealership group that postponed debt payments to avoid bankruptcy earlier this year, posted its third straight quarterly profit. Full story...
Oct
27th

Axon Automotive unveils Plug-in Hybrid Electric Vehicle

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New UK car manufacturer Axon Automotive has previewed its plug-in hybrid electric vehicle at the Milton Keynes Science Festival. The vehicle combines full electric mode for local travel and uses a petrol or bioethanol powered engine for long distance or motorway travel. Full story...
Oct
26th

Penske Automotive sued over scrappage refund

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A consumer in New York is seeking class-action status for a lawsuit accusing Penske Automotive Group Inc. of not passing along the money received from a scrappage company for a vehicle traded in under the cash-for-clunkers program. Full story...
Oct
26th

Debbie Dingell to take new post at policy council

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Debbie Dingell, the wife of veteran lawmaker Rep. John Dingell, D-Mich., has been tapped to lead the newly-formed American Automotive Policy Council. Full story...
Oct
26th

Fisker backer touts venture-capital bets on autos

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Fisker Automotive Inc. investor Ray Lane says he knows the auto industry bears little resemblance to the Internet and software businesses that have made him and his fellow venture capitalists successful. Full story...
Oct
26th

Fisker backer touts venture capital bets on auto industry

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Fisker Automotive Inc. investor Ray Lane says he knows the auto industry bears little resemblance to the Internet and software businesses that have made him and his fellow venture capitalists successful. Full story...
Oct
26th

Automobile | Mobile

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Automobile | Mobile
Automobile | Mobile
Automobile | Mobile

No matter where you are go you can get all the information you’re looking for from your favorite automotive magazine! Sign up today for the latest news, stories, and photos sent right to your mobile phone. As it happens you'll be the first to know while on the go!inline_mediumwraptextright26987635/mobile/signupaMagMobile.gifTrue



Full story...
Oct
26th

US: Fisker reportedly buys ex-GM assembly plant

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California-based Fisker Automotive is expected to announce tomorrow (27 October) that it is buying a former GM assembly plant in the eastern state of Delaware to build its Nina plug-in electric car there from 2012. Full story...
Oct
26th

INDIA: Motherson Sumi gets orders worth INR14bn

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Indian autoparts maker Motherson Sumi Systems on Monday said its Samvardhana Motherson Reflectec (SMR) unit had received orders worth about EUR200m (INR14bn) to supply automotive mirrors. Full story...
Oct
26th

2010 Canadian Car of the Year Awards

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We can't believe it either, but it's that time of the year again! T'is the season when a large number of Canadian automotive journalists converge on the small town of Niagara-on-the-Lake, in Ontario's famed wine country, to find the best of the best. Full story...
Oct
25th

BMW Innovation Days : a New World of Acoustic Experience

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In historical terms, acoustics in automotive design and construction serves to avoid and suppress unwanted noise. The driver should not be disturbed by any squeaking, rattling, whistling or thumping noise, and should not be induced to query the car's quality. Full story...
Oct
22nd

US: Fisker keeping production site secret for now

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Fisker Automotive will soon announce the US site where it plans to build a US$48,000 family plug-in electric hybrid car, chief executive Henrik Fisker has said. Full story...
Oct
22nd

2010 750HP Camaro SS To Debut At SEMA Show

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Santa Fe Springs, Calif. - Two of the most storied names in domestic performance vehicles will join together to debut a stunning, world-class supercar at the 2009 SEMA Show in Las Vegas. Lingenfelter Performance Engineering of Decatur, Indiana, will unveil its latest offering; a 750 horsepower 2010 Camaro SS in the Hotchkis Performance booth at the annual automotive aftermarket trade show. Hotchkis Performance, of Santa Fe Springs, California, developed the suspension system for the Lingenfelter Camaro and has worked with the renowned specialty supercar builder on several projects in the past. Full story...
Oct
22nd

Volkswagen of America Becomes First Auto Manufacturer To Launch a Car Exclusively on a Mobile Device

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HERNDON, Va., - Volkswagen of America, Inc. today announced the launch of the all-new 2010 GTI via the App Store by making available a free version of the popular Firemint Real Racing game that exclusively features the all-new 2010 GTI. This is the first time an American automotive manufacturer has used the App Store to launch a new vehicle. Additionally, users of the Real Racing GTI App in the U.S. can compete for the chance to win one of six, limited-edition 2010 GTIs that are fully-customized inside and out. Full story...
Oct
21st

Fisker Automotive: The road less traveled for hybrids–in style:

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Fisker Automotive is taking a reverse approach to hybrids. Full story...
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