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U.K. Slips into Double-Dip Recession
4/25/2012Britain's economy, which contracted 0.3% in the fourth quarter of 2011, shrank 0.2% in the first quarter of this year, according to a preliminary estimate by the country's Office for National Statistics.
Scion FR-S: It’s All in the Springs
4/25/2012One of the few performance differences between Toyota's Scion FR-S sports car and its co-developed twin, Fuji Heavy Industry's Subaru BRZ, is suspension spring rates.
Auto Output Soars in Japan
4/25/2012Not surprisingly, Japan's three largest automakers report huge year-over-year increases in domestic vehicle production last month compared with March 2011, when the country's earthquake and tsunami crippled output.
Mazda, Ford to Hike Truck Capacity in Thailand
4/25/2012Ford Motor Co. and Mazda Motor Corp. say they are investing an additional $27 million to expand pickup truck capacity of their joint venture in Rayong, Thailand, by 20,000 units per year.
Revenue Slides 9% at Renault
4/25/2012Renault SA generated €9.5 billion in revenue in the first three months of 2012 compared with €10 billion a year earlier.
PSA Revenue Drops 7% on Weak European Demand
4/25/2012PSA Peugeot Citroen posted revenue of €14.3 billion in the first quarter of this year compared to €15.4 billion in the same period of 2011.
Bentley Crossover Set to Debut in 2015
4/25/2012CEO Wolfgang Duerheimer tells Bloomberg News that Bentley Motors Group will introduce a production version of its EXP 9 F concept crossover vehicle in 2015.
Ferrari Hybrid Due in 2013
4/25/2012Fiat SpA's Ferrari unit will debut its first production hybrid supercar next year in a model that will succeed its top-end Enzo sports car.
Opel to Meet With Labor Leaders
4/25/2012General Motors Co.'s Adam Opel unit plans to meet on Thursday with union representatives.