English Press / Presse anglaise

Gentex Q2 net income grows 47 percent

Automotive Business Review - 24 juill. 2014 - 22:19
Automotive mirror supplier Gentex reported $76.7 million in net income with total revenue of $338.4 million for the second quarter.

Fiat and PSA dismiss latest tie-up report

Automotive Business Review - 24 juill. 2014 - 22:15
PSA/Peugeot-Citroen and Fiat Chrysler denied a report that the companies were preparing a merger to create the world's fifth-largest carmaker.

Cooper-Standard begins operations at Asia Pacific tech center

Automotive Business Review - 24 juill. 2014 - 21:44
Auto supplier Cooper-Standard Automotive Inc. began operations at its Asia Pacific Technical Center today in Shanghai.

Don't get out the party hats at Ford just yet, analyst says

Automotive Business Review - 24 juill. 2014 - 21:18
A roundup of what analysts and others are saying about Ford Motor Co.'s second-quarter financial results released today:

Outstanding U.S. auto loans hit all-time high, Equifax says

Automotive Business Review - 24 juill. 2014 - 20:58
Total outstanding auto loans in the United States hit an all-time high of $902 billion this spring, an increase of more than 10 percent from the same time a year earlier, according to the latest Equifax National Consumer Credit Trends Report, which...

Acura NSX prototype bursts into flames during testing

Automotive Business Review - 24 juill. 2014 - 20:42
An Acura NSX prototype burst into flames today while testing in Germany, but Acura says the futuristic sports car is continuing "progress toward its highly anticipated launch."

Unipart Automotive goes into administration

Financial Times - 24 juill. 2014 - 20:17
Administrator KPMG said that while it had sold parts of the business and safeguarded 361 jobs, a total of 1,244 staff would be made redundant

Fiat checks out Peugeot as partner

Financial Times - 24 juill. 2014 - 20:07
Any potential deal would bring together two struggling, middle-ranking carmakers with ambitions of becoming a strong, global player

GM is 'paying for past sins,' analyst says

Automotive Business Review - 24 juill. 2014 - 19:33
A sampling of what analysts and others are saying about GM's second-quarter financial results released today:

General Motors: past tense

Financial Times - 24 juill. 2014 - 19:22
Despite headlines about recalls, automaker’s stock may be oversold compared with Ford even after a rally

Korea cash piles: won direction

Financial Times - 24 juill. 2014 - 18:31
The government’s intention is clear, with the move to mobilise the conglomerates’ reserves set to please shareholders, but clarity is needed

Mike Alexander, famed car customizer and Ridler winner, dies at age 80

Automotive Business Review - 24 juill. 2014 - 17:46
Mike Alexander, a famed Detroit custom-car builder who won a Ridler award with a modified 1966 Dodge pickup, died on July 18. He was 80.

Bentley may add a fifth model after SUV launch

Automotive Business Review - 24 juill. 2014 - 16:51
Bentley may add a fifth model to its lineup after it launches an SUV in 2016, CEO Wolfgang Duerheimer said. The new model could be a two-seat sports car or a larger model slotted between the Continental GT coupe and Mulsanne sedan.

Group 1 Q2 profit tumbles 55% on Brazilian problems

Automotive Business Review - 24 juill. 2014 - 16:47
Group 1 Automotive today said its second-quarter net income tumbled 55 percent from a year earlier to $16.9 million, dragged down by a struggling economy in Brazil which accounts for 8 percent of its revenue.

Peugeot and Fiat held talks on deal

Financial Times - 24 juill. 2014 - 16:29
Deal between the French and US-Italian carmakers would have created the world’s fifth-largest group and helped tackle their investment needs

GM profits fall 80% as recalls bite

Financial Times - 24 juill. 2014 - 15:31
US carmaker estimates likely cost of compensation for the victims of crashes caused by faulty ignition switches could be as high as $600m

GM's quarterly profit plunges on recall costs

Automotive Business Review - 24 juill. 2014 - 14:36
The heavy cost of General Motors' unprecedented slew of safety recalls during the second quarter wiped out most of its profits, erasing the fruits of strong truck pricing in North America and sales growth in China.

GM Korea could make next-gen Cruze if union calls off strike

Automotive Business Review - 24 juill. 2014 - 14:22
GM's South Korean subsidiary told its employee union that the automaker could consider making the next-generation Chevrolet Cruze in South Korea if the union calls off a wage-related strike.

Ford overcomes sales dip to boost profits

Financial Times - 24 juill. 2014 - 13:50
Record results in North America and a return to profit in Europe are outweighing economic problems in key Latin American markets for the US company

Ford Q2 earnings rise on N.A. record, first European profit in 3 years

Automotive Business Review - 24 juill. 2014 - 13:45
Ford posted a second-quarter pretax profit of $2.6 billion, bolstered by a record performance in North America and its first quarterly profit in Europe in three years.
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