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Ford posts European profit in second quarter

July 24, 2014 12:40 CET

Ford posted a second-quarter pre-tax profit of $2.6 billion, boosted by its first quarterly profit in Europe in three years and record quarterly earnings in North America.
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GM's quarterly profit plunges on recall costs, higher Europe loss
July 24, 2014 13:36 CET

General Motors posted an 85 percent drop in second-quarter net income, hurt by recall-related expenses in the United States and restructuring costs in Europe. ...
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Bentley may add a fifth model after SUV launch
July 24, 2014 15:51 CET

Bentley may add a fifth model to its lineup after it launches an SUV in 2016, CEO Wolfgang Duerheimer said. The new model could be a two-seat sports car or a larger model ...
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UK car output boosted by new models in first half
July 24, 2014 10:41 CET | UPDATED: July 24 12:29 CET - Adds analyst comment

UK car production grew by 4 percent in the first six months thanks to new models, but the Society of Motor Manufacturers and Traders warned that further growth must be ba ...
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Bentley CEO rolls back 'aggressive' sales forecasts
July 24, 2014 13:12 CET

Bentley expects 2014 deliveries to be lower than previously forecast as the carmaker is hit by the crisis in Ukraine and Russia and struggles to maintain high sales growt ...
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Fiat investors urged to vote against Chrysler merger
July 23, 2014 20:59 CET

Proxy advisor ISS has recommended that Fiat investors vote against a cross-border merger of the Italian carmaker and its U.S. unit, Chrysler, at a meeting on Aug. 1, sayi ...
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VW faces battle with workers over cost cutting plans
July 23, 2014 06:01 CET | UPDATED: July 23 15:50 CET - adds labor opposition

Volkswagen faces a battle with workers over cost cuts at its biggest car division, a central plank of its drive to meet profit margin targets. VW CEO Martin Winterkorn to ...
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Daimler quarterly earnings rise 12% on sales of S class
July 23, 2014 08:25 CET | UPDATED: July 23 13:30 CET - adds analyst comments

Daimler said second-quarter profit rose 12 percent as Mercedes S-class sales doubled and the company scaled back spending. ...
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Marchionne says Fiat Chrysler tie-up with VW was never on agenda
July 23, 2014 12:27 CET | UPDATED: July 23 13:51 CET - adds details

Fiat Chrysler CEO Sergio Marchionne quashed all speculation of a possible tie-up with Volkswagen, saying the idea had never been on the agenda. ...
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New head-up displays could change views for drivers and the industry
July 23, 2014 06:01 CET

Head-up displays with "augmented reality," the technology that employs much of the windshield as a display area for data and images, is poised to significantly change how ...
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Opel plans 'electric' successor to Ampera plug-in hybrid
July 23, 2014 21:53 CET

Opel said it is working on an "electric" successor to the Ampera, a plug-in hybrid based on the Chevrolet Volt which hit European showrooms in 2011 but will be discontinu ...
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Opel/Vauxhall to woo budget clients with low-end cars, report says
July 22, 2014 09:09 CET

Opel plans to build a range of entry-level cars to recapture the type of budget customers who in the past bought Chevrolets, a report said. ...
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Mercedes seeks to outpace premium rivals in China with more dealers, new models
July 22, 2014 10:35 CET

Mercedes expects to outpace the 17 percent to 18 percent growth in industry sales of premium vehicles in China this year, after merging two competing sales networks and a ...
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Smart to offer EV, convertible variants of new ForTwo
July 22, 2014 06:01 CET

Daimler's Smart division will offer electric and convertible versions of the redesigned ForTwo it unveiled in Berlin last week. ...
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Sogefi reports first-half loss on restructuring costs, Brazil downturn
July 22, 2014 15:29 CET

Italian supplier Sogefi reported a first-half net loss, hit by restructuring costs, the negative impact of the strong euro on South American currencies and a sharp slowdo ...
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NEWS ANALYSIS
A VW-Fiat tie-up deal would be risky, reasonable
July 21, 2014 06:01 CET

If VW does buy Fiat Chrysler -- despite the companies' denials of a report that they are in talks -- it would be because the fixations of VW Chairman Ferdinand Piech may ...
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ZF needs TRW's tech know-how, CFO says
July 21, 2014 06:01 CET

ZF Friedrichshafen believes buying TRW Automotive would give it a better foothold in the market for self-driving and connected cars, its finance chief told a German paper ...
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Opel will discontinue weak-selling Ampera, sources say
July 21, 2014 06:01 CET

Opel will discontinue the weak-selling Ampera plug-in hybrid, according to people familiar with the company's plans. ...
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BMW expects high conquest rate for 2-series Active Tourer
July 20, 2014 06:01 CET

BMW expects that three out of every four buyers of its 2-series Active Tourer minivan will be new to the brand. ...
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Renault puts more focus on India, Iran
July 20, 2014 06:01 CET

Renault is splitting its Asia Pacific region in two to help boost sales growth in India and the Middle East. Renault expects China and India will become the world's two l ...
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More Breaking News »    
 
Most Read
With its new minivan, BMW ditches rwd for practicality

Christiaan Hetzner
12:01 am U.S. ET | July 20 2014

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Even BMW has to obey the laws of physics: a rwd car that is compact yet roomy is a paradox. ...
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PSA may be better off without Thierry Peugeot

Bruce Gain
12:01 am U.S. ET | July 11 2014

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PSA/Peugeot-Citroen's future could be brighter following former chairman Thierry Peugeot's departure ...
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Gesture recognition makes dials, buttons obsolete

Douglas A. Bolduc
12:01 am U.S. ET | July 1 2014

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Buttons and dials may become obsolete to control your car's radio, heater and navigation system. That's because those functions can now be managed with the wave of the hand. ...
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Will global automakers drop Chinese partners?

Yang Jian
7:32 am U.S. ET | June 30 2014

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China may relax its 50 percent ceiling on foreign automakers' ownership of joint ventures, but this ...
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BMW's iDrive earns high marks, but doesn't match Apple

Douglas A. Bolduc
7:37 am U.S. ET | June 27 2014

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BMW's iDrive system ranked highest in Germany and Italy for user experience in a recent test, but the automaker and its peers have a long way to go to match Apple. ...
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At PSA, Tavares echoes Renault's management template

Bruce Gain
12:01 am U.S. ET | June 24 2014

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PSA/Peugeot-Citroen CEO Carlos Tavares's new executive committee structure is very much like the one he left behind at Renault when he was Carlos Ghosn's No. 2. ...
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Toyota exec ready to 'help' Nissan in Europe

Douglas A. Bolduc
12:01 am U.S. ET | June 23 2014

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Toyota Europe CEO Didier Leroy says he's ready to “help” Nissan achieve its stated goal of becoming the top-selling Japanese automaker in the region. ...
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Walter de Silva: Italy's loss, VW's gain

Luca Ciferri
6:37 am U.S. ET | June 13 2014

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Walter de Silva had to leave Italy to become a legend in the vehicle design world. It's a common sto ...
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Ford of Europe's quiet designer made a big impact

Bradford Wernle
12:01 am U.S. ET | June 6 2014

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Martin Smith, Ford's longtime design director for Europe, is not a man of many words. ...
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2014 Geneva Motor Show tease
2013 Rising Stars 
2013 Rising Stars 
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European car sales rise 4%, boosted by incentives
European car sales rose 4 percent in June as an economic recovery in southern Europe, new product la ...
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Ford, Toyota models will help boost Turkish car output to record
New models from Ford, Toyota and Hyundai are expected to help boost Turkish automotive production to ...
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Russian car sales sink most in 4 years on ruble weakness
Sales of new cars in Russia plunged by the most in more than four years in June as a weaker ruble cu ...
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German market slows down in June
French, Spanish and Italian car sales rose in June while the German market slowed down, held back by fewer working days as the European market rebound remained intact. ...
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Europe car sales rise for ninth month
Europe's car sales rose 4 percent in May as growing consumer confidence encouraged purchases of new ...
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UK car sales rise to 10-year monthly record in May
UK car sales rose nearly 8 percent in May to hit a 10-year record for the month, but future demand i ...
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European car sales lackluster in May
New-car registrations across Europe were generally lackluster in May after a rebound in the first fe ...
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European sales rise 4% in April
New-car registrations in Europe rose 4 percent in April with mass-market automakers Renault, Ford, O ...
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Russian car sales fall 8% in April on weak ruble
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Bentley names VW veteran as human resources chief
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Rolls-Royce names new China boss
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CLEPA names new CEO
Veteran supplier executive Paul Schockmel is the new CEO of Europe's partmakers association, CLEPA. He succeeds Jean-Marc Gales who is now CEO of sports car maker Lotus. ...
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Infiniti lures BMW exec to head global operations
Infiniti has named longtime BMW executive Gaby-Luise Wuest as its head of global operations. ...
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Germany's Kiekert names new Asia chief
Kiekert, a German supplier of automotive door locks and latches, has named Karl Lambertz director of its Asian operations. ...
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VW taps veteran German exec for top U.S. quality post
Volkswagen Group of America named German national Stefan Schueller quality chief for VW and Audi in the United States. ...
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Renault names new engineering chief
Renault named company veteran Gaspar Gascon Abellan as its new engineering chief. Abellan succeeds J ...
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SGL Carbon names Majerus as CFO
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Tavares names Europe chief, reshuffles top jobs at PSA
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IAC promotes veteran exec to head European commercial operations
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The 'better Golf'
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Honda rolls out the Civic wagon
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Ferrari California T is brand's fuel-sipper
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BMW X4 fills tall order
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Nissan wants e-NV200 to win sales from diesels
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Porsche adds second SUV
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Mercedes C class gets French power
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Kia enhances Soul's SUV traits
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BMW woos U.S. buyers with 2 series
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Osram provides BMW i8's laser lights
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Delphi helps reduce CO2, noise in new Peugeot 308
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Roechling, Plastic Omnium help cut CO2 in new Nissan Qashqai
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Brose, Behr, Conti keep Skoda Octavia's cabin cozy
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TrelleborgVibracoustic helps cut CO2 in Porsche Macan
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ZF 8-speed cuts fuel use in new BMW 4 series
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