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US: Ford Q3 pre-tax profit plunges $1.4bn

Ford Motor Company on Friday (24 October) reported 2014 third quarter pre-tax profit down $1.4bn year on year to $1.2bn though it was noneth...

BRAZIL: Honda imports Civic Si coupe from Canada

Making use of its new 9,600 units a year quota limit for additional IPI excise tax exemption, Honda is, for the first time, importing the Ci...

US: Former PR executive claims Ford bugged his telephone

Former Ford PR chief Jason Vines, a key lieutenant of CEO Jacques Nasser at the time, says the company bugged his telephone during the compa...

MEXICO: Mazda starts 2 production at MMVO

Production of the redesigned Mazda 2 (Demio in Japan) has started at the automaker’s new plant in Mexico....

Recent news

US: Ford Q3 pre-tax profit plunges $1.4bn 24 Oct 2014

Graeme Roberts

Ford Motor Company on Friday (24 October) reported 2014 third quarter pre-tax profit down $1.4bn year on year to $1.2bn though it was nonetheless the automaker's 21st consecutive profitable quarter.


BRAZIL: Honda imports Civic Si coupe from Canada 24 Oct 2014

Fernando Calmon

Making use of its new 9,600 units a year quota limit for additional IPI excise tax exemption, Honda is, for the first time, importing the Civic Si 2-door coupe version - from Canada.


US: Former PR executive claims Ford bugged his telephone 24 Oct 2014

Chris Wright

Former Ford PR chief Jason Vines, a key lieutenant of CEO Jacques Nasser at the time, says the company bugged his telephone during the company's 2001 Firestone tyre crisis.


MEXICO: Mazda starts 2 production at MMVO 24 Oct 2014

Chris Wright

Production of the redesigned Mazda 2 (Demio in Japan) has started at the automaker’s new plant in Mexico.


CHINA: Novelis expands aluminium output 24 Oct 2014

Tony Pugliese

US aluminium company Novelis is ramping up production at its new automotive aluminium sheet plant in Changzhou, in China’s Jiangsu province, to meet growing demand from the country’s automakers.


JAPAN: Nissan recalls 260,000 cars globally over Takata airbags 24 Oct 2014

Graeme Roberts

In the latest development in the Takata airbag saga, Nissan Motor said it is recalling 260,000 vehicles globally due to a defect in driver-side air bags made by the supplier.


LA DEBUTS: BMW X5 M & BMW X6 M 24 Oct 2014

Glenn Brooks

Various world premieres for the 2014 LA international auto show have been announced, and others will follow. Ongoing updates are being made to the list ahead of the 18 & 19 November media preview days.


UK: Mazda aims for new-look dealers by March 24 Oct 2014

Graeme Roberts

Mazda UK plans on completing installations of the brand's new visual identity at 80% of its 136 outlets by next March.


US: Gentex posts net income up 30% to US$72m 24 Oct 2014

Simon Warburton

Gentex has posted net income for the third quarter of 2014 up 30% to US$72m, compared with net income of US$56m in the third quarter of 2013.3.


US: GM still books $1.4bn Q3 net profit after $300m flood and Russia hit 23 Oct 2014

Graeme Roberts

General Motors has announced third quarter net income took a US$300m hit from "special items" but net profit for the recall-troubled quarter was still $1.4bn, or $0.81 a share - double the result for Q3 2013.


GERMANY: Daimler boosts Q3 profit after record sales 23 Oct 2014

Graeme Roberts

Daimler said it booked strong growth in earnings and record unit sales and revenue in the third quarter of 2014. The group boosted Q3 unit sales 7% year on year to 637,400 cars and commercial vehicles worldwide as Mercedes-Benz Cars set a quarterly record.


UK: Vauxhall undercuts Fiesta with new Corsa pricing 23 Oct 2014

Glenn Brooks

The fourth generation Vauxhall Corsa will undercut the entry level Ford Fiesta, Britain's long-time best selling car, by GBP1,000 when it goes on sale at year-end.


BELGIUM: DuPont to fight EC coolant objections "every step of the way" 23 Oct 2014

Simon Warburton

Dupont says it will 'fight every step of the way' against European Commission (EC) moves that say it may have breached European Union (EU) anti-trust rules along with fellow-chemical producer, Honeywell.


GERMANY: Mercedes seeks new NAFTA Sprinter assembly plant 23 Oct 2014

Chris Wright

Mercedes-Benz plans to assemble its next generation Sprinter commercial van in North America.


SWEDEN: Russian tension will not escalate: chief economist 23 Oct 2014

Simon Warburton

A leading Swedish economist says he does not believe simmering tensions surrounding Russia's influence in Eastern Ukraine will escalate into anything more serious.


JAPAN: Honda recalls Fit hybrid a fifth time, execs take pay cut 23 Oct 2014

Graeme Roberts

Honda Motor is recalling its redesigned Fit [Jazz] hybrid for the fifth time in less than a year in Japan, issuing a recall of 425,825 cars on Thursday (23 October) due to two defects.


MEXICO: Fiat Strada becomes RAM 700 mini pick-up 23 Oct 2014

Glenn Brooks

FCA has added a new model for the Mexican market's 2015 model year: the RAM 700. This small pick-up is a rebadged Fiat Strada Adventure and is imported from Brazil.


US: Dana reveals Q3 net income up 32% to US$90m 23 Oct 2014

Simon Warburton

Dana has reported third quarter net income up 32% to US$90m, compared to US$68m in the same period last year.


US: Federal-Mogul posts US$18m Q3 net loss but net sales up 11% 23 Oct 2014

Simon Warburton

Federal-Mogul has posted a third quarter loss of US$18m based on net sales of US$1.87bn, up 11% on a continuing operations basis.


FRANCE: Valeo posts Q3 sales up 10% to US$3.9bn 23 Oct 2014

Simon Warburton

Valeo has unveiled third quarter sales up 10% to EUR3.07bn (US$3.9bn), with original equipment sales advancing 13%.


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