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Bernhard Gets Contract Extension at Daimler
4/30/2012Daimler AG's supervisory board has extended the contract of Wolfgang Bernhard through February 2018.
American Axle Income Increases 36%
4/30/2012American Axle & Manufacturing Holdings Inc. reports its net income jumped to $51 million in the January-March period of 2012 from $38 million in the same period of last year.
Mazda To Form Russia Venture with Sollers
4/30/2012Mazda Motor Corp. says it has finalized a deal to create a 50: 50 joint venture in Russia's second-largest carmaker OJSC Sollers to begin building vehicles this autumn for the local market.
Commercial Vehicle Sales Fall 11% in Europe
4/30/2012Commercial vehicle registrations across Europe dropped to 191,500 units in March from 215,800 a year earlier, according to industry group ACEA.
Honda Quarterly Profit Surges 61%
4/30/2012Honda Motor Co. recorded net earnings of 71.5 billion yen ($891 million) in the in the fiscal year ended March 31 compared with 44.5 billion yen ($555 million) a year earlier.
Daimler Earnings Jump 20%
4/30/2012Daimler AG sales its net income climbed to €1.4 billion ($1.9 billion) in the first quarter of 2012 from €1.2 billion ($1.6 billion) a year earlier.
Morgan Plans Three-Wheeler Sports Car for U.S.
4/29/2012The Morgan Motor Co. plans to introduce its retro-styled three-wheeled sports car in the American market later this year.
Former Chrysler Purchasing Chief Knott Dies
4/29/2012Dan Knott, a former Chrysler Group LLC executive, died on Saturday at his home in Clarkston, Mich., after a year-long battle with cancer.
Report: Global Auto Output to Rise 6% This Year
4/29/2012Carmakers will produce 81.2 million light vehicles worldwide this year compared with 76.8 million units in 2011, IHS Automotive predicts.
Former Chrysler Executive Knott Dies at Age 51
4/29/2012Dan Knott, a former Chrysler Group LLC executive, died on Saturday at his home in Clarkston, Mich., after a year-long battle with cancer.