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- GM profits surge to $3.2 billion in first quarter
General Motors today posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.
Переслать - Chrysler needs more office space, signs large office lease near HQ
Chrysler Group LLC, in another sign of better times, has signed a lease for a 210,000-square-foot office building in Auburn Hills, Mich., signaling that the automaker needs more space than what is contained in its 4.Переслать - GM struggles to fire on all cylinders as shares fall
General Motors Co. is still struggling to fire on all cylinders. It might not look that way given the U.S. carmaker generated $3.2 billion profit in the first quarter. That's more than triple what it earned in the same period last year.Переслать - Obama's fuel-efficiency push may lead fleets to use more gasoline
President Barack Obama's plan to have the government rely on vehicles that use alternative fuels like ethanol may end up increasing rather than reducing gasoline use.Переслать - GM's China sales drop 4.6% in April as government scraps incentives
GM sold 203,367 vehicles in China in April, down 4.6 percent from a year earlier, after the government scrapped some tax incentives in the world's largest auto market this year.Переслать - Continental Q1 profit driven by emerging markets
Continental said rising rubber prices will dent earnings as it posted a 62 percent rise in quarterly net profit on the back of surging emerging markets demand.Переслать - Tower's Q1 profit of $9 million far exceeds expectations
Auto supplier Tower International Inc. today reported a first-quarter profit, with the company's revenue boosted by higher vehicle production as the automotive industry recovers from its massive slump.Переслать - U.S. automakers guilty of dumping, China rules
China has found some U.S.-made passenger cars benefited from unfair subsidies, damaging its automakers, although Beijing side-stepped a potential trade row with the United States by not hitting them with duties.Переслать - Visteon posts $39 million Q1 profit, raises 2011 outlook
Auto parts supplier Visteon Corp., which emerged from bankruptcy last year, today reported a lower quarterly profit and raised its full-year outlook due to rising vehicle production around the world. The one-time parts unit of Ford Motor Co.Переслать
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