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- Penske overcomes Smart drain to post 53% rise in quarterly profit
Penske Automotive, the second-largest U.S. dealership group, said fourth-quarter profit rose 53 percent as rising sales of luxury vehicles made up for losses at the Smart microcar brand. Net income climbed to $28.5 million.
Переслать - Rejected Mahindra importer drops U.S. legal action
Global Vehicles U.S.A. Inc., the Alpharetta, Ga., company fighting to retain import rights to Indian-made Mahindra pickups, has withdrawn its legal demands in U.S. court.
Переслать - Daimler sees higher 2011 profit; swings to 4th-quarter profit
Daimler expects 2011 operating profit to 'clearly' exceed 2010 levels on record deliveries of Mercedes-Benz vehicles, led by higher sales in Asia and the United States. Daimler reported 2010 earnings before interest and taxes of 7.
Переслать - Chrysler global sales rise 17% in January as Asian demand gains
Chrysler Group LLC's global sales in January rose 17 percent from a year earlier as the company works to improve its international business. Sales outside of the U.S., Canada and Mexico rose 1.3 percent to 11,610
Переслать - Toyota launches small-car hub in Japan's beef-tongue capital
Toyota, reorganizing its manufacturing operations to cut costs, will add production of the best-selling Corolla car at a new plant in northern Japan as part of efforts to make domestic output more competitive.
Переслать - GM recalls Cadillac CTS for wheel problem
General Motors Co. is recalling over 44,000 Cadillac CTS sedans for a flaw that could cause one of the rear wheels to become unstable. The recall affects CTS vehicles from the 2009 and 2010 model years. The CTS is the best-selling Cadillac car.
Переслать - Ford may build a new China plant
Ford may build a new car plant in northern China after its three-way China car venture splits into two separate entities, a Chinese newspaper reported today.
Переслать - Tesla: 2011 sales may rise 50% on electric cars, battery sales
Tesla Motors, the U.S. electric automaker backed by Daimler and Toyota, said its revenue this year may rise as much as 50 percent because of higher demand for its rechargeable vehicles and battery packs.
Переслать - Chrysler will launch a Ram 1500 for first-timers
Chrysler Group, aiming at first-time buyers of big pickups, said today it will launch a new Ram 1500 model priced at $23,830. The truck, which goes by the code-name Adventurer, will have a standard 5.
Переслать - Automakers push back on U.S. fuel efficiency targets
Auto companies are resurgent financially and attracting support from powerful Republicans in Congress, placing them on firmer ground to challenge moves toward even stricter U.S. fuel-efficiency standards.
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