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GM’s Profit Climbs 44%
10/31/2013General Motors Co.'s operating income soared to $2.3 billion (€1.7 billion) in the July-September period from $1.6 billion (€1.2 billion) a year earlier.
Subaru Levorg Concept Headed for Japanese Market in 2014
10/31/2013Fuji Heavy Industries Ltd.'s Subaru car division will debut the Levorg, a sports tourer concept aimed at the Japanese market, during the Tokyo auto show in November.
Honda Sells Electronics Division
10/31/2013Honda Motor Co. and Japan's Nidec Corp. will form a partnership to make computerized control safety equipment and other automobile components.
Special Items Nip GM’s Quarterly Net
10/31/2013General Motors Co. reports net income of $1.7 billion in the third quarter compared with $1.8 billion a year earlier.
Volkswagen’s Operating Profit Soars
10/30/2013Volkswagen AG reports its operating profit jumped 20% to €2.8 billion ($3.8 billion) in the third quarter in spite of a 4% drop in revenue to €47 billion ($64.5 billion).
Volkswagen Third-Quarter Profit Jumps 20%
10/30/2013Operating profits at Volkswagen AG climbed to €2.8 billion in July-September from €2.3 billion a year earlier in spite of a 4% drop in revenue to €47 billion.
Sluggish Results for Fiat
10/30/2013Fiat SpA's third-quarter revenue rose 1% to €29.7 billion, hiking net profit 11% to €189 million.
Truck, Jeep Sales Hike Profits 22% at Chrysler
10/30/2013Strong demand for its high-margin pickup trucks and SUVs boosted Chrysler Group LLC's third-quarter revenue 14% to $17.6 billion and hiked net profits to $464 million from $381 million in July-September 2012, according to preliminary data.
Fiat Near Deal to Make Jeeps in China?
10/30/2013Fiat SpA is close to finalizing a plan with Guangzhou Automobile Group Co. to build Jeep Cherokee SUVs in China, according to Bloomberg News.
China Close to Approving Plan to Relaunch Jeep Production
10/30/2013A plan to build Chrysler Group LLC's Jeep Cherokee SUV in Changsha, China, is close to being finalized, unnamed sources tell Bloomberg News.