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Nov
5th

Linamar profit falls 56% on volume slump

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Auto parts maker Linamar Corp. reported a 56 percent drop in quarterly profit today as volumes fell significantly and costs climbed. The company, which makes precision automotive components for engines and transmissions, earned C$11.
Nov
4th

Linamar profit falls 56% on volume slump

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Auto parts maker Linamar Corp. reported a 56 percent drop in quarterly profit today as volumes fell significantly and costs climbed. The company, which makes precision automotive components for engines and transmissions, earned C$11. Read more ...
Nov
4th

ITALY: Italian car sales down 18.9% in October

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Sales of new cars in Italy fell 18.9% year-on-year in October to 167,940 units according to data released by Italian automotive trade body ANFIA. Read more ...
Nov
4th

GERMANY: Bosch plant on half-time

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The world's largest automotive supplier, Bosch, has introduced shorter working times at its plant in Bamberg, Stuttgart. Read more ...
Nov
4th

Chrysler celebrates 25 years of Minivan success

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25 years and more than 12 million minivans later, Chrysler is celebrating the silver anniversary of their famous family-hauler. "Chrysler and Dodge minivans have been making automotive history for the past quarter-century" said Mark Bosanac, VP of Marketing at Chrysler Canada. "To commemorate this significant minivan milestone, Chrysler Canada is proud to offer the 25th Anniversary Dodge Grand Caravan as the best-equipped minivan for the best price in Canada." Read more ...
Nov
3rd

GM GlobalSpec “Great Moments in Engineering” Award – Green Innovators Honored

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GM GlobalSpec "Great Moments in Engineering" Award - Green Innovators Honored
GM GlobalSpec "Great Moments in Engineering" Award - Fuel Efficient News, Car Features and Reviews - Automobile Magazine
Although the concept of the catalyst existed prior to 1973, getting them to work in the harsh automotive environment was a genuine breakthrough.

You've got to be pretty old to remember when new cars didn't have catalytic converters. Whether you know it or not, these now-ubiquitous devices occupy a frontal position in the assault against dirty car emissions. But being green wasn't popular in the early 1970s. The automotive enthusiast community saw government emissions regulations and catalytic converters as the enemy of performance and horsepower.


Photo Gallery: GM GlobalSpec "Great Moments in Engineering" Award - Fuel Efficient News, Car Features and Reviews - Automobile Magazine


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Nov
3rd

SPAIN: Car sales continue in freefall

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Data released by Spanish automotive trade association ANFAC shows that Spain's car market recorded sales of just 77,660 units in October, a year-on-year decline of 40%. Read more ...
Nov
3rd

S KOREA: Hyundai launches Microsoft joint venture

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Hyundai-Kia Automotive, Microsoft and Korea's Institute for Information Technology Advancement (IITA) have opened an IT centre to jointly develop IT products and services for the automotive industry. Read more ...
Nov
3rd

2010 Ford Fiesta – The Cars We Need Now!

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2010 Ford Fiesta - The Cars We Need Now!
2010 Ford Fiesta - Small European Cars, Fuel Efficient News, Car Features and Reviews - Automobile Magazine
Developed in conjunction with the Mazda 2, the new Fiesta is going on sale in Europe this fall as a two- or four-door hatchback.

The tectonic plates have shifted. The U.S. Automotive Order, little changed for the last two decades, has suddenly been upended. No longer insulated from the high fuel prices that afflict so much of the world, America needs a drastically different national motor pool, and we need it now. luckily, the fun, frugal, small cars that we crave already exist overseas, and they're headed our way. But we couldn't wait for them to arrive before sliding behind the wheel, So we've brought you early reports on nine of yhe most promising cars coming to America. The news is good. To their makers, we say, "Step On It!"


Photo Gallery: 2010 Ford Fiesta - Small European Cars, Fuel Efficient News, Car Features and Reviews - Automobile Magazine


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Oct
31st

UAW hires Girsky as adviser on federal bailout, GM-Chrysler

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The UAW has hired veteran Wall Street consultant Stephen Girsky to advise the union on automakers' federal bailout talks and a possible tie-up between General Motors and Chrysler LLC, Automotive News learned today. Read more ...
Oct
31st

American Axle loses $441 million in Q3

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Steep drops in automotive production along with special charges helped push American Axle and Manufacturing Holdings Inc. to a third-quarter net loss of $440.9 million, compared with net income of $13.5 million for the same period a year earlier. Read more ...
Oct
31st

2009 Infiniti M

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2009 Infiniti M
2009 Infiniti M - M35, M35x, M45, M45x, Midsize Sedans - Automobile Magazine
Infiniti's mid-size sedan, the M, has been around for quite some time, but it's still one of our favorite luxury sport sedans.

Infiniti's mid-size sedan, the M, has been around for quite some time, but it's still one of our favorite luxury sport sedans. We lived with an M45 for a full year, and not once did it require repairs. Even those in the office who didn't initially understand the M45's place in the automotive world came away from the test in awe of how good this Japanese BMW-fighter really is.


Photo Gallery: 2009 Infiniti M - M35, M35x, M45, M45x, Midsize Sedans - Automobile Magazine


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Oct
31st

2008 Ford Mustang Bullitt Review

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Yeah, I got the Bullitt from Ford. My editor said that in his opinion "It was about time", but I think that he misunderstood what I meant! The Bullitt that I actually got was the all new Mustang Bullitt, the car designed to refresh in our minds, that famous 1968 Steve McQueen movie of the same title. Come on now, if you really profess to love all things automotive, then you have to have seen that one! It is simply the greatest high-speed car chase film ever made. Read more ...
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Oct
30th

Denso’s first-half net income tumbles 50.2%

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Denso Corp.'s net income collapsed in the fiscal first half ended Sept. 30, on currency losses and falling vehicle production by automakers in North America. The world's second-largest automotive supplier also slashed its full-year earnings forecast. Read more ...
Oct
30th

US: TRW posts Q3 loss, bleak outlook

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Safety systems specialist TRW Automotive Holdings has posted a third-quarter net loss of US$54m or -$0.53 per share, compared with a net profit of $23m or $0.22 per share a year ago. Sales rose 2.8% to $3.6bn. Read more ...
Oct
30th

Penske Q3 earnings plunge 44%

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Penske Automotive Group Inc. said quarterly earnings fell 44 percent on declining U.S. new-vehicle sales and hurricane-related damage. Penske, which cut worldwide employment levels 4. Read more ...
Oct
30th

Asbury earnings fall 68% amid U.S. auto slump

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Automotive retail and service company Asbury Automotive Group Inc. said today its earnings fell 68 percent amid a deep slump in the U.S. auto market and turmoil in the credit markets. Read more ...
Oct
30th

TRW posts Q3 loss of $54 million

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Auto parts maker TRW Automotive Holdings Corp. today posted a quarterly loss due to lower demand and higher restructuring charges, and gave a full-year earnings outlook below Wall Street estimates. Read more ...
Oct
29th

US: BorgWarner adjusts full-year outlook

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BorgWarner on Wednesday said international sales offset steep declines in US revenue due to declining economic conditions there as it reported third quarter results and adjusted its outlook to reflect deteriorating global economic conditions and automotive production declines in Europe. Read more ...
Oct
29th

CANADA: Government set to reject supplier loan requests

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The automotive parts industry looks unlikely to be granted its request for special financing of up to C$1 billion (US$770m) in short-term loans and loan guarantees from the Canadian and Ontario governments, according to a government minister. Read more ...
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