Filed under: Europe, Ford, Earnings/Financials
Ford has announced the company’s single largest profit since 1998, thanks in part to a one-time tax gain. The company drew in a net income of $13.6 billion last quarter and the news marked the automaker’s 11th consecutive profitable quarter. For perspective, Ford made $190 million in 2010. The company’s net [...]
Filed under: Budget, Sedan, Europe, Plants/Manufacturing, Chevrolet, South Korea
Automotive News reports General Motors may begin manufacturing the Chevrolet Cruze in Europe. The vehicle would likely be produced at an Opel plant in Poland, while a handful of other Chevrolet models may see their production move elsewhere in Europe. The move is said to be the [...]
Filed under: Budget, Sedan, Europe, Plants/Manufacturing, Chevrolet, South Korea
Automotive News reports General Motors may begin manufacturing the Chevrolet Cruze in Europe. The vehicle would likely be produced at an Opel plant in Poland, while a handful of other Chevrolet models may see their production move elsewhere in Europe. The move is said to be the [...]
Filed under: Europe, Technology, UAW/Unions
Add this one to the list of reasons Europeans have it better than we do, right after diesels and manual transmissions: No more “catching up on e-mail” while you should be spending time with your family. Or sleeping. Or watching Baywatch reruns.
According to the BBC, Volkswagen has bowed to demands from [...]
Filed under: Etc., Europe, Government/Legal, Japan, Earnings/Financials, Australia
Investigators are currently expanding the scope of an automotive component price fixing probe. Officials in Australia, the U.S., Europe and Japan are collaborating to discern the breadth of the issue. So far, 20 automotive suppliers have been identified as being part of the investigation, though it’s thought that [...]
