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Browse 2013 articles

Aston Martin tones down 2013 loss


The luxury British sportscar maker Aston Martin, best known for the models that became trusty James Bond companions, has announced its pretax loss for 2013 went down by a third. The automaker – which unlike other niche manufactures lacks the backing of a large auto group – said its sales went up slightly as the market for high-end saw a modest ...
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More 2013 articles

Europe: auto suppliers bounce back along with the automakers
During the final months of 2013, the markets across the European region showed early signs of recovery, allowing automakers and their suppliers to finally rebound after close to six years ...
US: the top five most stolen new and used cars in 2013
High end drivers of sports and luxury cars are among the most vigilant owners of new or used cars – so thieves have cleverly moved to target the far more ...
Recall roundup: Kia Cadenza for wheel problem
The South Korean based automaker Kia has recently issued a recall for several Cadenza vehicles, because of a problem with their wheels, which may crack in cold weather. Kia has announced ...
US dealerships sales rise but profits stay flat
Although the recovery in the US auto market was thoroughly set throughout the industry, the country’s 17,665 new-car dealers saw their profits unchanged, due to increased competition. Across 2013, the earnings ...
Australia: Holden records record loss
As the local Australian unit of GM was recently announced to be scheduled for “termination”, Holden also announced it has recorded its biggest financial loss so far. For the 2013 calendar ...
Aston Martin increases deliveries and profit in 2013
The British sports brand, which in 2013 also announced a much needed technological deal with Daimler, has just released its 2013 financial results – and things are looking bright. With the ...
Elon Musk gets less than $70,000 compensation from Tesla
Last year, billionaire entrepreneur and Tesla Motors cofounder saw its CEO position rewarded with only around $70,000 – in stark contrast to what he earned in 2012. The Palo Alto, California-based ...
Opel halved loses per car according to study
A study conducted by the Center for Automotive Research (CAR) at the University of Duisburg-Essen recently concluded that although GM’s European unit still loses money on each vehicle built – ...
Ford says Focus was 2013’s best selling nameplate
The US carmaker has just unveiled the updated Focus sedan model and restated its compact line was the global best selling nameplate for the whole 2013. The Focus line is today ...

latest automotive news
Caterham survival takes another step on Monday
Dec.21 (GMM/Inautonews.com) The future of ailing F1 team Caterham will be decided on Monday. The backmarker team as well as ...
2015 Ford Mondeo arrives in Romania – short test drive inside
Ford Romania has introduced the fifth generation of the Mondeo in Europe, over a 2-day event which has gotten us, ...
Ricciardo pace ‘a factor’ in Vettel exit – Horner
Dec.20 (GMM/Inautonews.com) Daniel Ricciardo's surprising pace was "probably a factor" in the decision taken by Sebastian Vettel to leave ...
Ecclestone determined to change 2016 engine rules
Dec.20 (GMM/Inautonews.com) Bernie Ecclestone has confirmed reports he remains determined to shake up F1's engine rules. We reported that, at ...
De la Rosa leaves Ferrari, Vergne signs up
Dec.20 (GMM/Inautonews.com) Ferrari has confirmed speculation Pedro de la Rosa is vacating his test-driver post. It was rumoured the 43-year-old ...
2016 CT6 Cadillac gets streaming rearview technology
The streaming video rearview technology will expand the driver’s vision in the upcoming 2016 CT6, eliminating any rear seat, rear ...
US: Ally gets out of 6 years bailout
Ally Financial Inc. stated that it would finally resolve its bailout after the U.S. government will sell the last $1.25 ...
Daimler puts aside €600 million for EU antitrust investigation
The Germany-based company, Daimler, stated on Thursday it is putting aside 600 million euros to cover any potential costs that ...
Renault-Nissan and AvtoVAZ merge into Russia’s biggest auto parts buyer
AvtoVAZ and the Renault-Nissan alliance will come together in terms of purchasing activities in Russia. The merged unit will now ...
Report – Volkswagen will meet its 2017 cost-cutting goal
Volkswagen CEO, Martin Winkerton, has said according to a source that the carmaker is on the right track to reach ...
GM’s bankrupt predecessor helps customers get the $10 billion compensation
General Motors customers gained a new friend in their run for the compensation worth $10 billion. The automaker’s bankrupt predecessor ...
F1 to have new engine rules in 2016 – report
Dec.19 (GMM/Inautonews.com) F1 is now speeding towards yet another new set of engine regulations. On Thursday at a Geneva meeting ...
GM and Jaguar Land Rover stopped deliveries to Russia
In response to the slide in the rouble’s value, automakers, General Motors and Jaguar Land Rover included, decided to stop ...
Uber wants to patent its gouging prices
While critics accuse Uber of price gouging over the high fees asked in Sydney for the people who were fleeing ...
Ford closes Genk Plant in Belgium
With a production of around 14 million cars over the past 50 years, Ford shut the doors of its plant ...
Price of U.S. gas reaches under $2.50 a gallon
U.S. drivers are paying less than 2.50 dollars a gallon at the gasoline pump for the first time in more ...
Toyota will invest $126M to expand powertrain operations
Toyota announced today that it will invest $126 million in the expansion of its powertrain operations in Ann Arbor and ...
Spyker declares bankruptcy
On Tuesday, Spyker, the Dutch sportscar maker which owned Saab, was declared bankrupt when not succeeding to secure a loan ...