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Automaker News

Automakers news continually updated from thousands of sources around the net.

3 hrs ago | Reuters

General Motors may put Brazil workers on paid leave: union

General Motors Co wants to put nearly a fifth of its workers at a factory in Brazil on paid leave, an auto workers union said on Thursday, amid falling output in Latin America's largest economy.

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Related Topix: South America, World News, Brazil, General Motors,

5 hrs ago | WAFF-TV Huntsville

Sales manager pleads guilty in car loan fraud case

Abdul Islam Mughal is scheduled to be sentenced on Nov. 5 on one count of conspiring with others and one count of bank fraud.

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Related Topix: Nissan North America

9 hrs ago | RV Business

Keystone's Hideout Division Sees Record Sales

Keystone RV Co.' s Hideout division is experiencing record growth this year. The Goshen, Ind.-based Thor Industries Inc. subsidiary reported in a press release that the division, which includes Hideout travel trailers and fifth-wheels as well as Retreat destination trailers, has increased retail sales by 28% year-to-date through June and shows 52% ... (more)

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Related Topix: Mobile Homes, Thor Industries

14 hrs ago | WBTV

GM profit 2Q falls 85 pct. on recall costs

DETROIT - Recall costs chopped $1.5 billion from General Motors' bottom line in the second quarter, cutting its net income by 85 percent.

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Related Topix: General Motors, Arlington, TX

18 hrs ago | Detroit News

Analysts: Ford's second-quarter earnings likely to fall

The Dearborn automaker's revenues fell to $37.4 billion from $37.9 billion during the same period a year ago.

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Related Topix: Ford F-150, Ford, Truck, Ford Motor

Wed Jul 23, 2014

Brandon Sun

Hyundai Motor's 2Q profit dips due to strong South Korean won

Hyundai Motor Co. says its second-quarter profit fell 7 per cent as the appreciation of South Korean diluted its overseas earnings.

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Related Topix: Hyundai Motor

Sydney Morning Herald

need2know: Record night on Wall St

Local shares are poised to edge higher at the open, lifted in part by a generally positive day on Wall Street where the S&P 500 reached a record on Apple's latest quarterly results.

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Related Topix: Brilliance China Automotive Holdings, Banking, Financial Services, Commonwealth Bank of Australia, Financial Markets

The Indian Express

Govt refuses to disclose deal with Tata Motors, calls it - confidential'

The state government on Tuesday refused to disclose the agreement it has signed with Tata Motors Limited calling it a "confidential" agreement.

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Related Topix: Hatchback, Tata Nano, Tata Motors, World News, India,

WDAM-TV Hattiesburg

GM issues 6 more safety recalls

When Texas Gov. Rick Perry announced the deployment of up to 1,000 armed National Guard troops to the Mexican border he was speaking to voters in Iowa as much as Texas.

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Related Topix: Texas Government, Texas, Rick Perry, US Governors, General Motors

Charleston Business Journal

Helping Out for July 23, 2014

Helping Out highlights some of the many charitable events and activities going on in the Charleston area.

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Related Topix: Charleston, SC, Manufacturing, Cummins

Globe and Mail

Japan readies fuel cell subsidies in bet on Toyota's next big thing

Toyota's new fuel cell vehicle is displayed at the company's showroom in Tokyo. Toyota's new fuel cell vehicle is displayed at the company's showroom in Tokyo.

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Related Topix: Toyota Motor, Coupe, BMW 3 Series, Wagon, Hybrid, Hatchback, Convertible, Sedan, BMW

Automotive News

Marchionne says Fiat Chrysler tie-up with VW was never on agenda

Sergio Marchionne, the CEO of Fiat Chrysler Automobiles quashed all speculation of a possible tie-up with Volkswagen Group today, saying the idea had never been on the agenda.

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Related Topix: Fiat Spa

Bradenton.com

Daimler revenue up; profit drops after 1-time gain

The maker of Mercedes cars said net earnings for the April-June period were 2.2 billion euros , down from 4.58 billion euros a year earlier - a figure that was boosted by the sale of its stake in Airbus' parent company.

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Related Topix: DaimlerChrysler AG

Wall Street Journal

Daimler Boosted by Mercedes

Daimler AG reported a sharp rise in second-quarter earnings, driven by record sales in its Mercedes-Benz luxury car division, as the German auto maker races to catch up with rivals BMW AG and Audi AG.

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Related Topix: Auto Dealers, DaimlerChrysler AG, MercedesBenz USA, Retail, Toyota Motor Sales USA, Opinion

Kirriemuir Today

Pilgrimage for Fife bikers

The Davidson Legacy and Aberlemno Hall Committee welcomed more than 100 Harley-Davidsons and riders from the Fife Charity Motorcycle Runs on Sunday.

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Related Topix: Motorcycles, Harley-Davidson Motorcycle, Harley Davidson, Fife County, Scotland, World News, United Kingdom,

Tue Jul 22, 2014

News Times

Attorney in GM litigation applauds proposed Senate bill

An attorney who is representing several hundred people in civil claims against General Motors has thrown his support behind proposed legislation in the U.S. Senate that would hold executives of auto companies criminally liable for concealing dangerous defects from the public.

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Related Topix: Criminal Defense Law, Law, General Motors, Danbury, CT

USA Today

Fueled by earnings, Polaris rockets to new heights

Polaris Industries' rocketed within rarefied air Tuesday after the recreational vehicle and motorcycle maker reported robust second-quarter revenue growth and raised full-year earnings projections.

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Related Topix: Motorcycles, Harley-Davidson Motorcycle, Victory Motorcycle, Harley Davidson

Detroit Free Press

GM to add 1,750 jobs, invest $800 million in Michigan

General Motors is planning to invest as much as $800 million in various locations in Michigan and hire up to 1,750 new workers in the coming years as a result of a change to its tax credit agreement approved by the State of Michigan today.

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Related Topix: Michigan, General Motors

Reuters

Galhotra succeeds Farley at Ford as head of Lincoln brand

Ford Motor Co has named engineer Kumar Galhotra to succeed Jim Farley as head of the company's Lincoln brand, the automaker said Tuesday.

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Related Topix: Ford Motor, Marketing

Autoblog

No heads have rolled at NHTSA over GM ignition switch recall scandal

At this point, there's little question that General Motors deserves the bulk of the blame for not recalling the millions of vehicles affected by the ignition switch problem earlier than it did.

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Related Topix: General Motors, Autos

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