English Press / Presse anglaise

Mitsubishi Motors' quarterly net rises 8 percent on flat revenues

Automotive Business Review - 29 October, 2014 - 20:28
Mitsubishi Motors' net income rose 8 percent in the latest quarter, to 32.7 billion yen ($298.9 million) on revenues that were flat at $4.76 billion, the company said today.

Ferrari spin-off is Marchionne’s ‘biggest step’

Financial Times - 29 October, 2014 - 18:42
Fiat Chrysler chief plans 50% increase in global sales by volume

Fiat Chrysler/Ferrari: Divide and rule

Financial Times - 29 October, 2014 - 17:29
FCA is already driven at the financial equivalent of 200mph; spinning off Ferrari is just as well

Maserati beats Ferrari in Q3 profit on Montezemolo exit

Automotive Business Review - 29 October, 2014 - 17:22
Maserati's quarterly profit topped Ferrari's for the first time since it became part of Fiat Group more than 25 years ago. The main reason was that Ferrari took a big financial hit to part ways with Luca Cordero di Montezemolo.

Edmunds.com buys startup, plans to offer texting services to dealerships

Automotive Business Review - 29 October, 2014 - 17:09
Edmunds has purchased a startup texting technology company that it helped nurture. The acquisition will enable Edmunds dealership subscribers to offer texting services to mobile customers.

Jaguar Land Rover picks Discovery Sport to lead Brazil output

Automotive Business Review - 29 October, 2014 - 16:00
The Land Rover Discovery Sport will be the first model Jaguar Land Rover produces at its new plant in Brazil, the automaker said today. Output of the premium SUV will begin in 2016.

JLR faces first pay dispute for a decade

Financial Times - 29 October, 2014 - 15:35
Trouble brews as carmaker opens new Wolverhampton engine plant

Ford recalls 204,448 Ford and Lincoln crossovers for fire hazard

Automotive Business Review - 29 October, 2014 - 15:34
Ford said it will conduct a regional recall of 204,448 Ford Edge and Lincoln MKX crossover vehicles to correct an issue that could cause a fire.

Penske Automotive eyes more growth overseas, retail truck stores

Automotive Business Review - 29 October, 2014 - 15:04
Penske Automotive wants to grow by snapping up more car dealerships overseas and buying other businesses, such as heavy-duty retail truck stores.

Penske Automotive's Q3 net rises 15%; revenue up 18%

Automotive Business Review - 29 October, 2014 - 15:04
Penske Automotive Group said today its third-quarter net income rose 15 percent from the year-earlier period to $75.1 million on strong new- and used-car sales, aided by robust business in its U.K. dealerships.

Fiat Chrysler Q3 profit rises on Jeep demand

Automotive Business Review - 29 October, 2014 - 14:16
Fiat Chrysler Automobiles reported a 7.4 percent increase in profit in the third quarter, bolstered by sales growth in the United States.

Fiat Chrysler to spin off 10% of Ferrari, raise cash as debt surges

Automotive Business Review - 29 October, 2014 - 14:13
Fiat Chrysler Automobiles plans to spin off the Ferrari super-car brand, underpinning efforts to raise about $4.7 billion as the Italian-American carmaker counters rising debt.

Fiat Chrysler to spin off Ferrari, list 10% stake on market

Automotive Business Review - 29 October, 2014 - 14:13
Fiat Chrysler said today it would spin off luxury carmaker Ferrari and list a 10 percent stake on the market as it seeks to raise funding for its ambitious $61 billion growth plan.

Fiat Chrysler to spin off Ferrari

Financial Times - 29 October, 2014 - 13:48
Italian marque to be listed on US and European bourses in move to cut parent group’s debt

Ally swings to $356 million Q3 profit on higher auto-loan demand

Automotive Business Review - 29 October, 2014 - 13:40
Ally Financial said that its third-quarter profit jumped from a year-earlier loss because of higher demand for loans from car dealerships.

Ally swings to $356 million Q3 profit

Automotive Business Review - 29 October, 2014 - 13:40
Ally Financial said that its third-quarter profit jumped from a year-earlier loss because of higher demand for loans from car dealerships.

2 Chrysler recalls involve more than 566,000 vehicles

Automotive Business Review - 29 October, 2014 - 13:04
Chrysler Group is recalling an estimated 381,876 Ram trucks equipped with 6.7-liter Cummins diesel engines globally to upgrade wiring harness terminals and replace their fuel-heater housings, if needed.

Chrysler recalls 380,000 Rams over fuel-heater housings

Automotive Business Review - 29 October, 2014 - 13:04
Chrysler Group is recalling an estimated 381,876 Ram trucks equipped with 6.7-liter Cummins diesel engines globally to upgrade wiring harness terminals and replace their fuel-heater housings, if needed.

Tesla car owners get exemption from $12,000 Shanghai plates

Automotive Business Review - 29 October, 2014 - 11:40
Tesla car owners in Shanghai can register their electric vehicles for free after the city exempted them from paying $12,000 for a license plate.

VW closes global sales gap with Toyota in race for No. 1

Automotive Business Review - 29 October, 2014 - 10:56
VW Group has narrowed its global sales gap with market leader Toyota as the world's two largest automakers enter the fourth quarter in a tight race for the industry's top spot. VW Group trailed Toyota by 72,000 vehicles after nine months.
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