Brilliance Jinbei Automotive plans to offer a competitor to the Volkswagen Golf that costs up to 5,250 euros less than Europe's best seller. Brilliance's importer, HSO Motors Europe, showed a near-production version of the BS2 here.
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After-tax profit at Volkswagen Group rose 14 per cent in 2008 to 4.7 billion euros (5.9 billion dollars) before the automotive market turned sour, Europe's biggest carmaker said Monday.
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After-tax profit at Volkswagen Group rose 14 per cent in 2008 to 4.7 billion euros (5.9 billion dollars) before the automotive market turned sour, Europe's biggest carmaker said today.
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After-tax profit at Volkswagen Group rose 14 per cent in 2008 to 4.7 billion euros (5.9 billion dollars) before the automotive market turned sour, Europe's biggest carmaker said Monday.
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The dismal outlook facing the automotive sector has forced PSA/Peugeot-Citroen CEO Christian Streiff to scrap his medium-term volume and profitability objectives.
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As the automotive industry gathers in Geneva for the annual auto show, all of the major manufacturers foresee a challenging year ahead. Cash conservation is a theme that reoccurs in their presentations to analysts and discussions with journalists.
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For decades, the two dealerships operated by Bob Smith Automotive Group were vital parts of Maryland's Eastern Shore.
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Mike Kahn ran the fastest-growing U.S. dealership group in 2007, rocketing up Automotive News' annual ranking of the country's largest auto retailers.
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Ricardo, a UK engineering and automotive consultancy group, reported a 11 percent rise in first-half pretax profit helped by robust pricing, improved project delivery and cost savings.
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Automotive News Europe's comprehensive guide to product launches at the 2009 Geneva auto show is now available online.
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UK auto and aircraft supplier GKN unveiled another 2,400 jobs cuts today as a softening in its civil aerospace market added to previous woes in the automotive sector.
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Robert Bosch LLC on Wednesday named Tim Frasier as regional president of its automotive electronics business activities in North America.
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Robert Bosch LLC today named Tim Frasier as regional president of its automotive electronics business activities in North America.
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The French government's strategic investment fund (FSI) said that it has taken a minority stake in automotive supplier Valeo.
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The French government's strategic investment fund (FSI) said that it has taken a minority stake in automotive supplier Valeo.
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Two Wagon Automotive executives have taken control of one of the bankrupt supplier's factories in Germany.
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A few weeks before the managers of the Big Three meekly made their way to Washington to seek the billions of dollars that would ensure their survival, automotive America, that of the collectors, met in Scottsdale, Arizona, to take part in a lavish series of auctions.
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The White House today made official the appointment of financier Steve Rattner as a special adviser in the Treasury Department on automotive issues.
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Two Wagon Automotive executives have taken control of one of the bankrupt supplier's factories in Germany.
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