FRANCE: GM obtains reluctant signature from union
General Motors' plan to acquire the automatic transmission plant in Strasbourg has taken a step closer to fruition. |
| Thu, 29 Jul 2010 10:57:00 GMT |
JAPAN: Hyundai doubles first half net profit
Hyundai Motor Company sold 1,764,254 units of which domestic & exports were 855,140 units and overseas plants, 909,114 units, worldwide in the first half of this year, a 27% increase from a year earlier. |
| Thu, 29 Jul 2010 16:05:00 GMT |
US: Federal-Mogul reports strong Q2 results
Federal-Mogul has reported strong second quarter financial results with net income up to USD49m from USD7m last year. |
| Thu, 29 Jul 2010 15:10:00 GMT |
GERMANY: Volkswagen first half ahead of expectations
Volkswagen Group's chairman Prof. Dr. Martin Winterkorn has said that the company's first half earnings are "clearly in excess of our expectations." |
| Thu, 29 Jul 2010 15:06:00 GMT |
JAPAN: Mitsubishi Motors reports leap in Q1 numbers
Mitsubishi Motors Corporation has reported a 56% leap in first quarter net sales, driven by higher volumes in China and other emerging markets, which helped it narrow its losses for the period. |
| Thu, 29 Jul 2010 14:58:00 GMT |
JAPAN: Honda sets production record for first half
Honda has set what it says is an all-time record for production in Asia and China for the first six months of this year. |
| Thu, 29 Jul 2010 14:55:00 GMT |
GERMANY: Continental posts sharply better first half earnings
Continental Corporation has posted first half earnings before interest and tax (EBIT) up more than EUR1bn (US$1.3bn) on sales of EUR12.7bn. |
| Thu, 29 Jul 2010 14:46:00 GMT |
US: Toyota recalls 373,000 Avalons
Toyota Motor Sales (TMS), US says it will voluntarily recall around 373,000 2000-2004 Model Year Toyota Avalons in the US to address the possibility the vehicle's steering lock bar could break under certain conditions. |
| Thu, 29 Jul 2010 12:05:00 GMT |
UK: New car CO2 figures continue to improve
The SMMT has reported that average new car CO2 figures continue to show the market moving in the direction of lower CO2 cars. |
| Thu, 29 Jul 2010 12:03:00 GMT |
JAPAN/GERMANY: Fuso claims twin clutch transmission first
Fuso is the first truck manufacturer worldwide to introduce a double-clutch transmission in commercial vehicles. |
| Thu, 29 Jul 2010 11:26:00 GMT |
US/JAPAN: Toyota delays US Prius production
Toyota has pushed back plans to build its Prius hybrid in the US by as much as six years. |
| Thu, 29 Jul 2010 11:22:00 GMT |
US: Nissan details Leaf EV roll-out
Customers in California, Washington, Oregon, Arizona and Tennessee will be the first in the US to be able to buy the new Nissan Leaf electric vehicle when it launches there in December. |
| Thu, 29 Jul 2010 11:16:00 GMT |
GERMANY: Porsche builds 25,000th Panamera
Porsche's Leipzig factory in eastern Germany has built the 25,000th Panamera, 10 months after sales began. |
| Thu, 29 Jul 2010 10:05:00 GMT |
US: Visteon moves step closer to reorganisation
Visteon Corporation has had the green light for the company's fourth amended plan of reorganisation from a steering committee of the company's term loan lenders and the agent for the company's term loan facility. |
| Thu, 29 Jul 2010 15:46:00 GMT |
INDIA: Apollo eyes Dutch investment as Q1 figures rise
Apollo Tyres is to ramp up investments in Europe and South Africa. |
| Thu, 29 Jul 2010 15:21:00 GMT |
US: Toyota recalls 39,000 Lexus LX 470 models
In its second recall announced today (29 July), Toyota Motor Sales (TMS) says Lexus is to voluntary recall around 39,000 2003-2007 Model Year LX 470 vehicles to address a steering shaft condition. |
| Thu, 29 Jul 2010 12:20:00 GMT |
ANALYSIS: Analysts fear double-dip scenario for European auto industry
Analysts at JD Power Automotive Forecasting have told just-auto of the possibility of a squeeze in demand and fall to automotive production in Europe later this year and in 2011 due to the risk of a double-dip or 'W-shaped' economic recession. |
| Wed, 28 Jul 2010 12:47:00 GMT |
UK: Nissan welcomes EV decision
Nissan has welcomed news that the UK government is to grant up to GBP5,000 (US$7,790) in electric vehicle incentives - albeit with several caveats. |
| Wed, 28 Jul 2010 10:59:00 GMT |
UK: Government confirms EV grant
UK drivers are to receive a GBP5,000 (US$7,790) grant towards the purchase of electric vehicles after a review of previous spending commitments by the new British government saw the incentives given urgent priority. |
| Wed, 28 Jul 2010 09:48:00 GMT |
FRANCE: PSA swings back to H1 profits
PSA Peugeot Citroen has booked first half operating income of EUR1,137m compared with a EUR826m loss a year ago on revenue up just over 20%. |
| Wed, 28 Jul 2010 08:59:00 GMT |
