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‘Autos’ News

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Ford adds shifts at two truck plants

Ford adds shifts at two truck plants

Thursday, August 27, 2009 11:52

DETROIT (Reuters) – Ford Motor Co (F.N) said on Thursday it is adding shifts at its truck plants in Michigan and Missouri in response to increased demand for its F-150 pickup trucks and Escape SUVs. Ford's Dearborn, Michigan, truck plant will ...

Chrysler may produce Fiat cars in Mexico: report

Chrysler may produce Fiat cars in Mexico: report

Monday, August 17, 2009 15:58

WASHINGTON (AFP) – US automaker Chrysler, which has partnered with Italian Fiat as part of its bankruptcy plan, is considering producing Fiat 500 subcompact cars at its plant in Mexico, The Wall Street Journal reported Monday. Citing ...

Electric car sticker shock awaits U.S. consumers

Electric car sticker shock awaits U.S. consumers

Monday, August 17, 2009 15:01

LOS ANGELES (Reuters) – As American consumers abandon gas-guzzling SUVs for greener alternatives, they also face a new kind of sticker shock -- confusing claims about the energy efficiency of electric cars heading for showrooms. Federal fuel economy standards and household ...

GM to launch plug-in hybrid SUV in 2011

GM to launch plug-in hybrid SUV in 2011

Saturday, August 8, 2009 2:24

TRAVERSE CITY, Michigan (AFP) – General Motors will launch a plug-in hybrid sport utility vehicle under the Buick brand in 2011, the automaker said Thursday. The five-passenger ...

Magna swings to loss on slowing auto production

Magna swings to loss on slowing auto production

Saturday, August 8, 2009 2:22

TORONTO (Reuters) – Magna International Inc (MGa.TO), one of the bidders vying to buy carmaker Opel from General Motors (GM.UL), reported a quarterly loss on Friday given a decline in global auto production. The results were weaker than expected and knocked ...

BMW, Toyota lift auto industry spirits

BMW, Toyota lift auto industry spirits

Tuesday, August 4, 2009 13:30

FRANKFURT (AFP) – The world's top carmaker Toyota posted improved results, BMW returned to profit and Germany reported surging car sales on Tuesday, further ...

Toyota reports $819 million quarterly loss

Toyota reports $819 million quarterly loss

Tuesday, August 4, 2009 13:26

TOKYO – Booming sales of the Prius hybrid helped the world's No. 1 automaker Toyota deliver a smaller-than-expected 77.82 billion yen ($819 million) quarterly loss and narrow its forecast of red ink for the full year. The ...

German new car sales 'jumped 30% in July'

German new car sales ‘jumped 30% in July’

Tuesday, August 4, 2009 13:24

FRANKFURT (AFP) – Registrations of new cars in Germany jumped by 30 percent in July, the auto industry federation VDA said Tuesday, in large part owing to a state subsidy ...

Toyota trims annual loss forecast, still cautious

Toyota trims annual loss forecast, still cautious

Tuesday, August 4, 2009 13:22

TOKYO (Reuters) – Toyota Motor Corp (7203.T) said its annual loss would be smaller than earlier forecast thanks to deeper cost cuts and government measures to jump-start sluggish global auto demand, but remained cautious on the prospects for a sustainable ...

BHP Billiton appoints new chairman

BHP Billiton appoints new chairman

Tuesday, August 4, 2009 13:19

LONDON (AFP) – BHP Billiton, the world's biggest miner, said on Tuesday that Jac Nasser, former chief executive of US automaker Ford, will become its new chairman next year. "The BHP Billiton board ...