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Chrysler first-quarter profits down
Mon, 29 Apr 2013Chrysler Group said net income fell to $166 million in the first quarter as costs of two large product launches crimped the automaker's seventh consecutive quarterly profit. Profit fell 65 percent from the $473 million posted during the same quarter of 2012, Chrysler said in a statement today. First-quarter revenues dropped 6 percent to $15.4 billion.
2013 Toyota RAV4 leaks ahead of LA debut
Tue, 27 Nov 2012The 2013 Toyota RAV4 is due to be unveiled at the 2012 Los Angeles Motor Show tomorrow, but thanks to a leak of photos we already know how it looks. The photos show a new RAV4 that is less boxy and sleeker, taking some styling cues from the new Auris, and looks fit to take the battle to cars like the new Ford Kuga and new Subaru Forester. It may not quite look a “…new generation rewriting the rules in style” as Toyota told us, but it does look more contemporary.
News watch Feb 2010: today's auto industry news
Thu, 25 Feb 2010Tuesday 2 February 2010• Spyker has outlined its plans for Saab, which include a new 'all Saab' 9-3 to be launched in 2012. Read the full story here (Saab)• EuroNCAP has named the VW Golf as 'Safest Car of 2009' after ranking all the 33 models it crashed last year (Volkswagen) • Toyota's massive recall to fix fault accelerator pedals could cost the company £1.25bn in lost output and sales (BBC)• Ford will unveil an Edge SUV at next week's Chicago auto show with a turbocharged four-cylinder Ecoboost engine, but the extensive visual mid-life facelift has been made economically possible thanks to Ford's worldwide consolidation of its model ranges (Detroit News) • Toyota has denied that it ignored warnings and acted slowly over reports of unintended acceleration in its vehicles (Detroit News) Monday 1 February 2010• Lotus's vehicle engineering director Roger Becker announced his retirement today. Becker, 64, joined Lotus in 1966, worked alongside Colin Chapman and helped develop every single model since (Group Lotus)• Tata Motors' total sales last month hit 65,478 vehicles – a rise of 77% over January 2009.