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- Ford presses change for Japan to join trade talks
Japan should be required to reduce the size of its auto industry before being allowed into regional free trade talks with the United States and eight other countries in the Asia-Pacific region, a top Ford official said.
Переслать - Tower reports small loss as revenue grows
Supplier Tower International today reported a small loss for the first quarter despite an increase in revenue. The auto supplier reported a net loss of $158,000 compared with a gain of $9 million, or 45 cents a share, in the first quarter of 2011.
Переслать - Lear's Q1 net income drops, but business grows
Auto interiors and electronics supplier Lear said net income fell in the first quarter, but overall business increased, led by North American gains.
Переслать - Average mpg of new U.S. vehicles bought in April declines, report says
The average fuel economy of new vehicles bought in the United States in April dropped to 23.9 mpg from a record 24.1 mpg in the previous month, researchers at the University of Michigan said.
Переслать - Stronger N. American pricing drives GM's first-quarter results
GM posted sharply higher first-quarter profits in North America thanks to stronger pricing, which helped to blunt continued troubles in Europe.
Переслать - BMX X1 invades U.S. this fall priced at $31,545
BMW said today its X1 compact SUV will be coming to the United States this fall with a base price of $31,545, including $895 destination.
Переслать - Ford eyes Indonesia to boost Asia output, sales
Ford is eyeing Indonesia as a production center to help meet strong demand for cars in Southeast Asia but supply problems mean Thailand will remain its regional manufacturing hub for the foreseeable future, company executives said today.
Переслать - BMW and Hyundai in engine cost-sharing talks, report says
BMW is in talks with Hyundai to help shoulder the costs of developing new engine families, according to a German industry newsletter.
Переслать - Ford says Faurecia will acquire interiors business in Mich.
Ford said today Faurecia SA, one of Europe's largest auto suppliers, agreed to buy Ford's interior parts business, based at a plant in Michigan, for an undisclosed amount.
Переслать - Strong China, U.S. demand fuels BMW Q1 earnings rise
BMW posted first-quarter earnings that beat even the most optimistic analysts' expectations, helped by strong demand from Asia and a surge in sales of the 7 series.
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