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US: Ford Europe finally makes a pre-tax buck

Ford has boosted second quarter pre-tax operating profit US$44m to $2.6bn and net income $78m to $1.3bn as wholesale volume and company reve...

US: Recalls dampen GM Q2 financials; Europe loss widens

General Motors’ European operations are moving slowly in right direction towards a target of hitting profit by mid-decade reporting a second...

UK: H1 car output up 3.5%

The Society of Motor Manufacturers and Traders has reported a "robust first half of 2014 for UK car manufacturing with volumes up 3.5% to 79...

SOUTH AFRICA: Strike still on as peace clause provides stumbling block

South Africa's Department of Labour says all parties in the country's protracted metalworking strike have accepted wage proposals, but divis...

Recent news

US: Ford Europe finally makes a pre-tax buck 24 Jul 2014

Graeme Roberts

Ford has boosted second quarter pre-tax operating profit US$44m to $2.6bn and net income $78m to $1.3bn as wholesale volume and company revenue slipped 1%. And it's finally back in pre-tax profit in Europe for the first quarter in three years.


US: Recalls dampen GM Q2 financials; Europe loss widens 24 Jul 2014

Chris Wright

General Motors’ European operations are moving slowly in right direction towards a target of hitting profit by mid-decade reporting a second quarter EBIT-adjusted loss of US$300m, which included US$200m for restructuring costs.


UK: H1 car output up 3.5% 24 Jul 2014

Graeme Roberts

The Society of Motor Manufacturers and Traders has reported a "robust first half of 2014 for UK car manufacturing with volumes up 3.5% to 791,314 units".


SOUTH AFRICA: Strike still on as peace clause provides stumbling block 24 Jul 2014

Simon Warburton

South Africa's Department of Labour says all parties in the country's protracted metalworking strike have accepted wage proposals, but divisions still remain concerning future bargaining methods.


UK: Unipart Automotive in administration as 1,224 jobs under threat 24 Jul 2014

Simon Warburton

UK labour body, Unite, says it is asking for a rapid meeting with authorities handling Unipart Automotive, following the component supplier's placing into administration today (24 July).


SOUTH KOREA: Hyundai Motor Q2 results hit by stronger won 24 Jul 2014

Dave Leggett

Hyundai Motor has reported a 6.9% decline to net income in the second quarter, its bottom line dragged down by the stronger won.


US: New boss for Lincoln as Fields acts swiftly 24 Jul 2014

Tony Lewis

Ford’s struggling Lincoln brand, which has seen sales fall by 65% over the last 25 years, will have a new boss from 1 September in a move new Ford CEO Mark Fields described as "making clear we are serious about Lincoln as a world-class luxury brand".


US: GM announces six more recalls 24 Jul 2014

Graeme Roberts

General Motors has announced six safety recalls covering 717,949 recent model vehicles in the US. The numbers per incident vary from 22 to 414,000.


INDIA: Honda to make India manual transmission export hub 24 Jul 2014

Graeme Roberts

Honda plans to make India its export hub for manual transmissions.


US: Brembo to spend US$100m on Michigan cast iron foundry 24 Jul 2014

Graeme Roberts

Brembo plans to construct a cast iron foundry near its Homer brake and caliper manufacturing plant in Michigan, reported Tire Business.com.


UK: Commercial vehicle output decline continues 24 Jul 2014

Graeme Roberts

Unlike car output, UK commercial vehicle production continued to decline in June, reflecting 2013 "structural changes", the Society of Motor Manufacturers and Traders said.


PARIS DEBUTS: Porsche Cayenne PHEV 24 Jul 2014

Glenn Brooks

SEAT, Volkswagen, Opel-Vauxhall, Fiat and now Porsche have announced motor show debuts for the 2014 Paris Mondiale de l'Automobile. As other brands name their own world premieres, these too will be added to just-auto's preview list.


INDIA: BMW launches ActiveHybrid 7 for INR13.5m 24 Jul 2014

Graeme Roberts

BMW has launched its ActiveHybrid 7 sedan in India for INR13.5m (US$224,952), reported Press Trust of India.


CHINA: ZF Friedrichshafen expands Asia-Pacific headquarters 24 Jul 2014

Graeme Roberts

ZF is considerably expanding its headquarters for China and Asia-Pacific in Shanghai: the space for offices, laboratories, and test benches will almost be quadrupled from 11,000 sq m to 54,000 sq m.


UK: H1 engine output off 0.9% 24 Jul 2014

Graeme Roberts

UK engine output slipped 0.9% to 1.3m units in the first half of 2014, the Society of Motor Manufacturers and Traders said.


THAILAND: Sales drop 30% in June, 40% YTD 24 Jul 2014

Graeme Roberts

New vehicle sales in Thailand fell by 30.4% to 73,799 units in June, from 106,033 units a year earlier, according to data released by the Federation of Thai Industries.


CHINA: Mercedes-Benz opens training centre in Shanghai 24 Jul 2014

Dave Leggett

Mercedes-Benz has opened its new Shanghai Training Centre, the brand's largest passenger car training site globally.


ITALY: Sogefi’s Q2 sales revenue down 2.4% 24 Jul 2014

Dave Leggett

Sogefi's sales revenue for the second quarter ended 30 June 2014 was down 2.4% to EUR344.2m (US$464.5m) compared with EUR352.5m in the year ago period.


GERMANY: Opel axing Ampera, promises replacement EV 23 Jul 2014

Graeme Roberts

Opel chief Karl-Thomas Neumann has confirmed the Opel/Vauxhall Ampera is for the chop but, in a series of Twitter posts, promised a replacement.


GERMANY: Daimler boosts Q2 EBIT 12% 23 Jul 2014

Graeme Roberts

Daimler booked a EUR2.2bn net profit in the second quarter of 2012 after boosting unit sales 4% to 628,900 and revenue 6% to EUR31.5bn. EBIT rose 12% to EUR2.5bn.


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