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- Magna boosts sales forecast as Q1 profit rises
Magna International, North America's largest auto supplier, reported a jump in quarterly profit today and boosted its sales forecast. The Canadian company raised its total sales outlook for 2012 to between $29.0 billion and $30.
Переслать - Porsche plans sedan below Panamera to compete with Mercedes E class, report says
Porsche will introduce a smaller version of its four-door Panamera sedan by 2017, a German car magazine said. The sedan, code-named Pajun, will expand Porsche's portfolio to six model lines and compete with the Mercedes E class and CLS coupe cars.Переслать - Mulally: No timetable for retirement as Ford CEO
Ford CEO Alan Mulally said he has no timetable for retirement and his boss, Executive Chairman Bill Ford, is just fine with that.Переслать - VW of America names company veteran Martell to customer experience post
Volkswagen of America has appointed Robert Martell vice president of customer experience, just two days after General Motors hired his predecessor.Переслать - U.S. auto sales on track for best showing since 2007
U.S. auto sales are on pace for the best showing since 2007 and a third straight year of at least 10 percent gains, only the fourth such streak since the Great Depression, as more-confident buyers return to showrooms.Переслать - Nissan says Magna Steyr will build new Infiniti entry model
Nissan said contract manufacturer Magna Steyr will build a new premium compact car for the automaker's Infiniti brand starting in 2014.Переслать - Porsche's new baby crossover uncovered, targets younger buyers
The newest Porsche, a baby crossover inspired by the larger Cayenne SUV and a key driver of the automaker's ambitious sales goals, has been spotted uncovered on the roads of Europe.Переслать - Tesla losses widen but EV maker lifts 2012 revenue target by $10M
Tesla Motors reported a first-quarter net loss of $89.9 million, worse than its $48.9 million loss last year, as the cost of bringing the Model S electric sedan to market mounted.Переслать - Honda wins reversal of small-claims loss over hybrid mileage
Honda won the reversal of a $9,867 small-claims-court loss to a Californian who dropped out of a class-action lawsuit and pursued her own claim that the company overstated the fuel mileage of its Civic Hybrid.Переслать - Ford's gearhead gadfly may skip the annual meeting
Ford's shareholders meeting has been a less colorful affair since Daniel Karpen stopped attending.Переслать
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