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GM posts higher Q3 net income but Europe loss widens

Oct. 23, 2014 13:45 CET | UPDATED: Oct. 23 14:50 CET - adds Europe loss
General Motors' third-quarter net income rose to $1.38 billion, as stronger pricing in North America and record China sales helped to offset weak demand in Russia and a bigger loss in Europe.... Read More »

Daimler third-quarter profit rises as Mercedes sales expand

Oct. 23, 2014 08:45 CET | UPDATED: Oct. 23 13:10 CET - adds comments, details
Daimler reported a 21 percent increase in third-quarter profit. The Mercedes cars division's profit widened to 8.5 percent of revenue, the highest in more than two years, helped by fresh product.... Read More »

Marchionne invests more of his own money in Fiat Chrysler

Oct. 23, 2014 10:41 CET
Sergio Marchionne, CEO of Fiat Chrysler Automobiles, bought an additional 335,745 ordinary shares in the group, giving him a total of 6.... Read More »

Audi will recall 850,000 A4 cars globally over airbag problems

Oct. 23, 2014 15:42 CET
Audi will recall 850,000 A4 models worldwide due to airbag problem that could prevent front airbags from deploying.... Read More »

Lotus names Carr as new design chief

Oct. 23, 2014 12:09 CET
Lotus's design boss, Donato Coco, a former styling chief at Ferrari, will leave the UK sports car maker.... Read More »

Land Rover production will continue to boom in UK despite new China plant

Oct. 23, 2014 09:39 CET
Range Rover Evoque production in China will not reduce output at the UK factory where the SUV is also built.... Read More »

Honda, after 5th Fit recall, appoints first quality czar; top execs take pay cut

Oct. 23, 2014 12:28 CET
Honda, announcing its fifth Fit recall in just 12 months, has taken the unprecedented step of appointing its first quality czar to clamp down on the...... Read More »

Nissan expands Takata airbag recall by 260,000 units worldwide

Oct. 23, 2014 13:08 CET
Nissan expanded a global recall of cars using Takata-made airbags, which have been linked to four deaths in Honda cars.... Read More »

Autoliv lowers sales outlook but says Takata woes are helping its business

Oct. 23, 2014 16:55 CET
Autoliv posted a surprise fall in third quarter earnings and lowered its outlook for 2014 sales growth while saying it has seen positive effects on...... Read More »

Hyundai's third-quarter profit falls 29% on firmer currency, sluggish sales

Oct. 23, 2014 11:15 CET
Hyundai posted a 29 percent decline in third-quarter net profit, the steepest drop in at least six quarters.... Read More »

EU will allow car emissions into carbon trading market

Oct. 23, 2014 13:55 CET
The European Union will make it easier to bring road transport emissions into the carbon trading market, a move critics say could empower carmakers...... Read More »

UAW union eyes bargaining rights at VW's U.S. plant within a year

Oct. 23, 2014 06:01 CET
The UAW union hopes to be recognized as the exclusive bargaining agent for workers at Volkswagen's assembly plant in the U.S.... Read More »

PSA's third-quarter auto revenue drops despite pricing push

Oct. 22, 2014 08:43 CET
PSA/Peugeot-Citroen's group revenue rose 1.... Read More »

Daimler's surprise sale of Tesla stake fuels rivalry speculation

Oct. 22, 2014 12:28 CET
Daimler's decision to sell its 4 percent stake in Tesla Motors surprised investors and fueled speculation of a growing rivalry in the increasingly...... Read More »

EU says Honeywell, DuPont car refrigerant deal may be illegal

Oct. 22, 2014 10:51 CET
The EU says auto supplier Honeywell's joint venture with chemicals company DuPont to produce an air conditioning refrigerant for cars may be...... Read More »

Fiat's Wall Street trading is flat as Milan dominates

Oct. 22, 2014 11:58 CET
Fiat Chrysler Automobiles has had a flat reception on the New York Stock Exchange after its debut there last week.... Read More »

GM will warn some Saab, Pontiac owners not to allow front passengers

Oct. 22, 2014 12:47 CET
General Motors will warn some owners of Saab 9-2X and Pontiac Vibe hatchbacks in the U.S.... Read More »

Valeo's third-quarter sales rise 10% on fuel-saving technologies

Oct. 22, 2014 15:00 CET
French supplier Valeo said third-quarter sales rose 10 percent to 3.06 billion euros ($3.... Read More »

Italy's Sogefi reports nine-month net loss of 5.8 million euros

Oct. 22, 2014 11:24 CET
Italian supplier Sogefi reported a net loss of 5.8 million euros ($7.... Read More »

Daimler eyes stake in motorcycle maker MV Agusta, report says

Oct. 21, 2014 10:39 CET
Daimler is said to be in talks to take a stake of up to 25 percent in Italian motorcycle maker MV Agusta.... Read More »

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How #1 store scores with employees

How #1 store scores with employees

Texas dealer Greg May encourages staffers to provide input and solve problems on their own. Mon., October 20
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