Battery maker A123 Systems is one of the winners of the competition for $1.2 billion in federal stimulus funds for companies that make advanced automotive batteries, the Wall Street Journal said, citing people familiar with the matter.
Full story...
Dave Wilson, owner of Preston Automotive Group in Preston, Md., is still selling vehicles under the government-sponsored cash-for-clunkers program. But he's nervous about it.
Full story...
TRW Automotive Holdings has reported a second quarter net loss of $11m (-$0.11 a share) compared with a $127m ($1.24) profit last year.
Full story...
An improvement in the used-vehicle market helped GMAC Financial Services' automotive finance business achieve pretax income of $346 million in the second quarter of 2009.
Full story...
An improved used-vehicle market helped GMAC Financial Services' automotive finance business achieve pretax income of $346 million in the second quarter, compared with a pretax loss of $709 million in last year's second quarter.
Full story...
TRW Automotive Holdings Corp. posted a quarterly loss on Tuesday due to production cuts at automaker customers, but said it is confident the industry has hit bottom and it is starting to recover.
Full story...
TRW Automotive Holdings Corp. posted a quarterly loss on Tuesday due to production cuts at automaker customers, but said it is confident the industry has hit bottom and its starting to recover.
Full story...
TRW Automotive Holdings Corp. posted a quarterly loss today due to production cuts at automaker customers, but said it is confident the industry has hit bottom and its starting to recover.
Full story...
British automotive and aerospace parts supplier GKN Plc posted a smaller-than-expected first-half pretax loss of 8 million pounds ($13.55 million) on Tuesday, but it cut its interim dividend and announced further job cuts.
Full story...
British automotive and aerospace parts maker GKN posted a first-half pretax loss of 8 million pounds ($13.55 million) on Tuesday, smaller than expected, but cut its interim dividend and announced further job cuts.
Full story...
Members Can Compete with Kia Soul Hamsters in Augmented Reality Automotive Game - Game-changing Soul is focus of first Kia Motors augmented reality application - The Kia Soul continues its growth in social media, beating boxy and cube-like competitors
Full story...
QNX Software Systems today announced that automotive supplier Visteon Corporation has chosen the award-winning QNX((R)) Neutrino((R)) realtime operating system (RTOS) as the software foundation for the digital instrument cluster in the 2010 Land Rover Range Rover.
Full story...
Auto dealership group Asbury Automotive Group Inc. said today it posted a 47 percent drop in quarterly earnings, but signaled the U.S. new vehicle market has stabilized, though at very low levels.
Full story...
Net debt at German supplier Continental fell below 10 billion euros ($14.15 billion) for the first time since its 2007 acquisition of Siemens VDO Automotive and its liquidity situation improved, the company said on Thursday.
Full story...
Net debt at German supplier Continental fell below 10 billion euros ($14.15 billion) for the first time since its 2007 acquisition of Siemens VDO Automotive and its liquidity situation improved, the company said on Thursday.
Full story...
Renault on Thursday posted a worse-than-expected first-half net loss of 2.7 billion euros on plunging sales but revised its full-year forecast for the world automotive market upwards.
Full story...
Renault on Thursday posted a worse-than-expected first-half net loss of 2.7 billion euros on plunging sales but revised its full-year forecast for the world automotive market upwards.
Full story...
Renault on Thursday posted a worse-than-expected 2.712 billion euro net loss for the first half on plunging sales but revised its full-year forecast for the world automotive market upwards.
Full story...
Penske Automotive Group plans to complete a deal to buy Saturn from General Motors Co. by the end of September, the chairman of the No. 2 auto dealership chain said on Wednesday.
Full story...
Penske Automotive Group plans to complete a deal to buy Saturn from General Motors Co. by the end of September, the chairman of the No. 2 auto dealership chain said on Wednesday.
Full story...
The latest auto news, reviews, prices, product and vehicle releases.