Automotive Industry News

Last update: 255 days, 10 hours ago

Asbury Automotive Q1 total revenues down 25 Apr 08, 22:20 ET By Staff Writer Income from continuing operations for the first quarter of 2008 was $11.2 million, or $0.35 per diluted share, compared to adjusted income ... more GM to restart Detroit plant amid threats of more strikes 25 Apr 08, 21:27 ET AFP - General Motors Corp. said it will resume production Monday at its assembly plant in Detroit for the first time in a month, after a strike at a key supplier forced it to shut down. more More Automotive Problems For James Bond 25 Apr 08, 20:53 ET By Rafe Telsch: 2008-04-25 20:40:26 The first James Bond flick with Daniel Craig made headlines when it turned out Craig didn’t know how to drive the ... more GM CEO's 2007 compensation worth $15.7 million 25 Apr 08, 18:53 ET AP - General Motors Corp. Chairman and CEO Rick Wagoner received compensation valued at $15.7 million for 2007, up 64 percent from the previous year, according to a federal regulatory filing the company made on Friday. more Obama calls for windfall tax on oil profits as gas prices soar 25 Apr 08, 17:13 ET AFP - Democratic presidential hopeful Barack Obama called for a windfall tax on oil company profits Friday, as pump prices in the United States hit a new record high. more GM CEO's compensation jumps 64 percent in 2007 25 Apr 08, 16:27 ET Reuters - General Motors Corp Chief Executive Rick Wagoner's salary and other compensation rose 64 percent in 2007 to about $15.7 million, mainly due to option grants, according to a proxy filed on Friday. more Ontario Mayors For Automotive Investment Meeting, April 25th, 2008 25 Apr 08, 15:47 ET OSHAWA, ON, April 25 /CNW/ - Today, at the meeting of the Ontario Mayors For Automotive Investment Meeting (OMAI), the mayors are calling on the federal and ... more Introducing the Karma, from Fisker Automotive 25 Apr 08, 15:37 ET Fisker Automotive just announced that the first deliveries of its new American premium hybrid sports car will begin in the last quarter of 2009, ... more Lane Automotive Rookie Candidates off to a Good Start in the ASAMT 25 Apr 08, 14:56 ET by Kevin Ramsell BURLINGTON, Wis. -- The Lane Automotive ASAMT Rookie of the Year presented by Red Line Synthetic Oil and Hyperco is off and running after ... more Shanghai Automotive confirms Longbridge future 25 Apr 08, 14:16 ET Senior officials from Shanghai Automotive have visited the Longbridge automotive plant to reiterate their commitment to the site. ... more South May Have Edge for Automotive Plants 25 Apr 08, 13:52 ET Reporter: AP Analysts say they believe Tennessee and Alabama should be favored over Michigan to land a new Volkswagen assembly plant, based on their ... more Fine Capital Partners LP lost $-972952 on Asbury Automotive Group ... 25 Apr 08, 12:31 ET Note: All amounts are based on price of stock at date reported versus the current price! The do not represent actual profit/loss! ... more Oil pricesup after news that US ship fired on Iranian boats 25 Apr 08, 11:55 ET AP - Oil prices rose sharply Friday on news that a ship under contract to the U.S. Defense Department fired warning shots at two Iranian boats. Retail gas prices as expected rose further into record territory, nearing $3.60 a gallon. more MCI to expand PP Automotive Materials capacity in NA, Thailand & China 25 Apr 08, 11:03 ET Mitsui Chemicals Inc, (MCI) and Prime Polymer Co Ltd have decided to expand annual polypropylene compound production capacity in North America, Thailand and ... more House Democrats urge FTC to probe pump prices 25 Apr 08, 10:49 ET Reuters - The speaker of the U.S. House of Representatives and other top Democrats on Friday urged the Federal Trade Commission to investigate record-high gasoline prices. more Strike deadline at GM stamping plant extended 25 Apr 08, 10:17 ET Reuters - The United Auto Workers union on Friday extended a deadline for a strike at a General Motors Corp metal stamping plant in Grand Rapids, Michigan. more Bose Automotive Systems Division Awarded 2008 Supplier of the Year ... 25 Apr 08, 09:49 ET FRAMINGHAM, Mass. - (Business Wire) Porsche AG named Bose Automotive “Supplier of the Year” during a ceremony held in Porsche’s development center in ... more Bose Automotive Systems Division Awarded 2008 Supplier of the Year by Porsche AG 25 Apr 08, 09:46 ET FRAMINGHAM, Mass.----Porsche AG named Bose Automotive "Supplier of the Year" during a ceremony held in Porsche's development center in Weissach, Germany, April 3, 2008. Dr. Wendelin Wiedeking, President of Porsche AG, presented the award to Brandon Westley, President of the Bose Automotive Systems Division. more Auto sales going strong for Japanese 25 Apr 08, 09:24 ET AP - Honda saw its profit slashed by a tax, while Mitsubishi racked up costs for closing an Australian plant. But Mazda - the smallest of Japan's five biggest automakers - emerged unscathed Friday to report booming profits for the January-March quarter. more European polishing system available through Sherwin-Williams ... 25 Apr 08, 09:06 ET Sherwin-Williams Automotive Finishes Corp. has been named the exclusive North American distributor of Visomax Prometheus, a leading European polishing ... more Turkish automotive company Dogus enters Swiss market with Porsche 25 Apr 08, 07:28 ET Dogus Automotive, an automotive company of Turkey have confirmed a move into the Swiss market through a company named "D-Auto Suisse SA" next year. ... more Honda tumbles on tax woes 25 Apr 08, 07:17 ET Reuters - An unexpected tax bill sent Honda Motor Co's quarterly profit tumbling 86 percent, and Japan's No.2 carmaker warned of a weak year ahead due to a stronger yen, rising materials costs and a soft U.S. car market. more Sales strong at Japanese automakers despite some bumps 25 Apr 08, 06:58 ET AP - Honda saw its profit slashed due to a tax dispute and Mitsubishi racked up costs for closing an Australian plant. But Mazda - the smallest of Japan's five biggest automakers - emerged unscathed Friday to report booming profits for the January-March quarter. more Mitsubishi Motors 4Q profit drops 37 percent 25 Apr 08, 05:50 ET AP - Mitsubishi Motors' profit for its final fiscal quarter dropped 37 percent as costs for closing its plant in Australia and other losses in the U.S. eroded earnings, the Tokyo-based automaker said Friday. more Fisker Automotive: Tesla Motors IP theft allegations are “nonsense” 25 Apr 08, 05:47 ET "The lawsuit is nonsense," said Henrik Fisker, CEO, Fisker Automotive. "Fisker Coachbuild has non-exclusive design contracts as shown by the cars we have ... more Honda 4Q profit plunges on one-time tax 25 Apr 08, 05:39 ET AP - Honda's net profit in the January-March quarter plunged 86 percent compared with the same period a year ago because of a one-time corporate tax levied on its Chinese joint venture, the Japanese carmaker said Friday. more 380 jobs to be cut at automotive manufacturer 25 Apr 08, 05:38 ET Over 380 jobs are to go at an East of England manufacturer - whose customers included automotive giants Ford, BMW and Bentley - after a search for a buyer for the operations proved fruitless. more Mitsui Chemicals to expand PP automotive materials capacity in ... 25 Apr 08, 04:46 ET Mitsui Chemicals, Inc., ("MCI") and Prime Polymer Co., Ltd. have decided to expand annual polypropylene compound production capacity in North America, ... more Inland Empire Auto Repair Review Launches Professional Help Series ... 25 Apr 08, 03:02 ET Automotive Professionals offer their knowledge and experience to benefit their website visitors on such subjects as fuel economy, tire maintenance, ... more Mazda Receives Research Award From the Society of Automotive ... 25 Apr 08, 00:45 ET Mazda Motor Corporation has announced that it received the Outstanding Technical Paper Award at the 58th annual Society of Automotive Engineers of Japan ... more

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