| Marchionne seeks bank support to buy UAWs Chrysler stock |
Feb 15th, 2013 |
Armed with another year of strong financial results from a resurgent Chrysler Group LLC, Fiat-Chrysler CEO Sergio Marchionne met with some of the biggest banks on Wall Street last week and asked them ...
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| General Motors 2012 profit drops |
Feb 15th, 2013 |
General Motors Co. earned $4.86 billion in 2012, down from a record $7.59 billion in 2011, Detroit News quoted GM as saying. The Detroit automaker earned $2.92 per share for the year, down from ...
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| GM Posts $4.9 Bil. Profit Chrysler Recalls Vehicles |
Feb 15th, 2013 |
General Motors has strung together a tidy three-year run of profits by making big dollars in its back yard. Now the question is whether its U.S. operations can keep making enough to carry the company ...
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| Yen’s fall sparks auto showroom battle |
Feb 15th, 2013 |
Mazda Canada Inc. plans to take advantage of the drop in the Japanese yen to boost vehicle sales this year, in a sign that recent currency gyrations are flowing through to the Canadian economy - ...
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| Renault net income falls by 18.8 in 2012 |
Feb 15th, 2013 |
(MENAFN) Renault Chairman and CEO, Carlos Ghosn, stated that the company's net income in 2012 dropped by 18.8 percent to USD2.3 billion from USD2.85 billion a year earlier, reported Xinhua ...
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| Video(s) of the Day: Volkswagen and Honda Commercial Round-up |
Feb 15th, 2013 |
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It may come as a shock, but carmakers don’t just make commercials for the Super Bowl. No, seriously. Today’s installment of Video(s) of the Day are proof of that, as Volkswagen has released two new ads showcasing the Jetta TDI and all-new Beetle convertible. Honda has also joined in on the commercial debuts, aiming its [...]
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| 2014 Acura RLX First Drive |
Feb 15th, 2013 |
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The luxury car revolution has been postponed. But the 2014 Acura RLX should hold us over.
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| 2014 Acura RLX First Drive: Suddenly, the Big Honda Seems Prescient |
Feb 15th, 2013 |
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Why was the old Acura RL so firmly nailed to dealership floors, with just 379 sold last year? That’s easy: It was too small. Its back seat was so tight that rear riders could practically adjust the stereo, could possibly even drink from the front cup holders with a long-enough straw. Too in thrall to Honda’s [...]
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| Toyota will pay $29M to settle acceleration claims in 29 states |
Feb 15th, 2013 |
Under terms of the settlement, Toyota is prohibited from reselling a vehicle it reacquired with alleged safety defects without informing the purchaser about the alleged defect and certifying that the ...
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| Toyota pays $US29M to settle suit |
Feb 15th, 2013 |
Toyota says it will pay $US29 million ($A28.15 million) to 29 US states and American Samoa as part of a settlement related to its safety recalls.State attorneys general sued Toyota in 2010 after it ...
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