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Ford's net profit slips to $1.65 billion for the third quarter
Wed, 26 Oct 2011Ford Motor Co., hurt by accounting changes related to commodity prices, said third-quarter net profits fell slightly to $1.65 billion from $1.69 billion a year earlier. Pretax profits fell to $1.94 billion from $2.06 billion a year earlier. North American pretax operating profits were essentially flat from the year-earlier period at $1.6 billion.
Kia GT revealed ahead of Frankfurt
Fri, 09 Sep 2011Kia GT Concept - it's a cracker We proclaimed the Kia 4-door Concept, revealed last month, as the arrival of Kia as a credible maker of cars other than eco-boxes. And so it is, with the arrival of the real deal – the Kia GT. The Kia GT has been revealed ahead of Frankfurt, and it looks every bit as good as the promise in the original teaser image we saw of the then Kia 4-door Concept.
Chrysler and Nissan cancel vehicle-swapping deal
Wed, 26 Aug 2009Chrysler and Nissan are canceling their 2008 deals to build vehicles for each other, the automakers announced Wednesday afternoon. Chrysler was to provide Nissan with a full-sized truck, based on the Dodge Ram, starting in 2011. It would have been a replacement for the Nissan Titan.
