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Hyundai’s third-quarter profit slumps 29%


The largest South Korean automaker reported – just as analysts suspected – a record decline in its third-quarter net profit, with the 29% fall the biggest in more than six quarters. The firm, the world’s fifth-largest carmaker together with affiliate Kia Motors, has been impacted by the slowing sales increase across key markets and by a rising local currency that negatively ...
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US: Florida is the most likely place to forever lose your luxury car to thieves
According to a report that was just released by the US National Insurance Crime Bureau, Florida owners of premium and luxury cars should get more insurance on their prized possession ...
Takata gets support from Toyota official
A senior Toyota official has expressed support for the Japanese auto parts supplier Takata, involved in a massive debacle over the production of airbags that inflate with too much force. US ...
US: NHTSA increases Takata airbags’ recall total to almost 8 million vehicles
In just a few days, the US National Highway Traffic Safety Administration has counted a massive tally of vehicles from several brands that need to visit the dealerships to change ...
Mercedes to build the Sprinter commercial van in North America
Daimler, the parent company of luxury automaker Mercedes-Benz recently announced the next-generation of the brand’s well-known Sprinter van would also be manufactured in North America, shifting some production from Germany ...
Hyundai’s key Sonata model fails to impress US market
The South Korean automaker hoped the recently refreshed Sonata sedan would be an asset in reversing dwindling US sales, a market that follows closely in importance the world’s largest auto ...
Daimler sale of Tesla shares could be due to growing rivalry
Daimler AG, the parent company of luxury automaker Mercedes-Benz, surprised the industry when it announced the decision to divest the investment in Tesla, fueling speculations the two companies see each ...
UK: first insurance hike in years brings new profit to companies
The British car market is somewhat of a conundrum – while the rest of Europe plunged into a six-year delivery slump, they slowly rose to become a key player in ...
Citroen decides not to bring crossover in booming European market
Although PSA Peugeot Citroen is the second-largest European automaker, you might have no idea that Citroen has a new crossover in the subcompact segment – the C3-XR. That’s because the French ...
Report – Takata officials under investigation by US prosecutors
According to a report coming from The Wall Street Journal, the federal prosecutors have opened a probe to see whether Japanese auto parts maker Takata Corp’s executives withheld information from ...



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Hyundai’s third-quarter profit slumps 29%
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US: Florida is the most likely place to forever lose your luxury car to thieves
According to a report that was just released by the US National Insurance Crime Bureau, Florida owners of premium and ...
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BMW i8S planned
BMW is planning to introduce an even hotter version of the i8, the so-called i8S, which is believed to go ...
Takata gets support from Toyota official
A senior Toyota official has expressed support for the Japanese auto parts supplier Takata, involved in a massive debacle over ...
US: NHTSA increases Takata airbags’ recall total to almost 8 million vehicles
In just a few days, the US National Highway Traffic Safety Administration has counted a massive tally of vehicles from ...
Mercedes to build the Sprinter commercial van in North America
Daimler, the parent company of luxury automaker Mercedes-Benz recently announced the next-generation of the brand’s well-known Sprinter van would also ...
Hyundai’s key Sonata model fails to impress US market
The South Korean automaker hoped the recently refreshed Sonata sedan would be an asset in reversing dwindling US sales, a ...
Daimler sale of Tesla shares could be due to growing rivalry
Daimler AG, the parent company of luxury automaker Mercedes-Benz, surprised the industry when it announced the decision to divest the ...
UK: first insurance hike in years brings new profit to companies
The British car market is somewhat of a conundrum – while the rest of Europe plunged into a six-year delivery ...
Citroen decides not to bring crossover in booming European market
Although PSA Peugeot Citroen is the second-largest European automaker, you might have no idea that Citroen has a new crossover ...
Report – Takata officials under investigation by US prosecutors
According to a report coming from The Wall Street Journal, the federal prosecutors have opened a probe to see whether ...
Haas not worried about Ecclestone comments
Oct.23 (GMM/Inautonews.com) Gene Haas has played down suggestions Bernie Ecclestone could freeze him out of F1 long before his ...
Grosjean hints at Lotus stay for 2015
Oct.23 (GMM/Inautonews.com) Romain Grosjean appears set to remain at Lotus in 2015. Although the French driver has been leaving his ...
No Barrichello in Austin
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