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Recall triggers big shares fall, big charge in Q1 for GM


Things are not looking well for General Motors, which has been widely panned for the recall over a defective ignition switch. With probes coming from NHTSA and the Congress and mounting liability issues, GM looks cornered. The No.1 US automaker has also put investors on their toes following its way of handling the recall and public outcry from lawmakers. The concerns ...
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Brazil faces overcapacity problems
While many major automakers rushed to join the emerging market Brazilian euphoria, adding facilities in the country, the local auto industry is now actually close to a growth stop. Brazil is ...
Europe: Russia new car sales drop slows in February
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Maruti Suzuki shares drop on investor concern
In a rather rare case of shareholder activism in India, investors in Maruti Suzuki Ltd protested the plans laid out by the Japanese parent, sending on a downward spiral the ...
Moody’s cuts rating, Fiat shares drop
Because Moody's decided to cut Fiat's rating to 'B1' from 'Ba3', the Italian automaker’s shares were slightly down. Moody's explained the decision, citing the lower than expected results from last year, ...
Auto parts maker Johnson Controls shares fall
Johnson Controls Inc., the largest US auto-parts maker, fell the most since July 2012 after forecasting second-quarter earnings that were lower than some analysts had estimated. Johnson Controls is reconfiguring the ...
Ford foresees a profit slowdown in 2014
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Lamborghini Cabrera spied up-close
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Tesla shares down again after vehicle deliveries report
Tesla, the electric car maker led by billionaire Elon Musk, slid the most in more than 21 months after reporting quarterly vehicle sales that missed some estimates and lower revenue ...

latest automotive news
Vettel admits ‘struggling’ to beat Ricciardo
Apr.19 (GMM/Inautonews.com) World champion Sebastian Vettel on Saturday admitted he needs to up his game. The German has won the ...
Lauda denies 80hp advantage for Mercedes
Apr.19 (GMM/Inautonews.com) Niki Lauda has rejected suggestions Renault is trailing the pace by a figure of 80 horse power. Red ...
Mercedes wanted three-race ban for Red Bull
Apr.19 (GMM/Inautonews.com) Mercedes wanted reigning world champions Red Bull to serve a three-race ban for appealing against its Melbourne ...
‘Tactical’ rivals playing down chase – Rosberg
Apr.19 (GMM/Inautonews.com) Nico Rosberg is sure Red Bull is playing down its title chances for "tactical" reasons. Although Mercedes' chasers ...
Lotus wants engine equality with Red Bull
Apr.19 (GMM/Inautonews.com) Lotus has discovered it is second or even third in line for the best service offered by ...
Mattiacci plays down Alonso exit rumours
Apr.19 (GMM/Inautonews.com) Ferrari's new boss on Friday played down suggestions Fernando Alonso might be looking to leave the struggling ...
Red Bull ‘surprised’ by Ricciardo pace
Apr.19 (GMM/Inautonews.com) Daniel Ricciardo thinks he has shown he deserves his new seat at Red Bull. The Australian had driven ...
Engine makers get to work on louder F1
Apr.19 (GMM/Inautonews.com) F1's engine manufacturers will focus their attention on the exhaust pipe as they work on spicing up ...
Rivals step up amid ‘tense’ Mercedes battle
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No customer teams in 2015 – Honda
Apr.18 (GMM/Inautonews.com) Honda's F1 boss on Friday said the Japanese marque will not supply any customer teams when it ...
Tired Mattiacci says Ferrari not giving up
Apr.18 (GMM/Inautonews.com) Marco Mattiacci wore sunglasses all day in cloudy, smoggy Shanghai. "I have not slept in the last 40 ...
2014 Top Marques Monaco lets us see some of the highlights
The show is a dedicated and very exclusive car show, and in 2014 enters its second decade of life. The ...
David Beckham ditches the Toyota Prius for this Jaguar F-Type
Famous former British football player David Beckham has been recently seen while getting into his brand new Jaguar F-Type. Last week, ...
Chrysler makes new owners go Easter egg hunting
On the latest models coming from the US automaker’s brands - Chrysler, Dodge and Jeep – the designers have purposely ...
Ferrari 458 Spider completely ruined in Germany
The driver of a Ferrari 458 Spider has managed to total his ride in Germany after pushing the throttle too ...
[VIDEO] See a McLaren 650S Spider accelerate on Hockenheim
A brand new McLaren 650S Spider has been recently taken out on the Hockenheim for a quick acceleration test. Our colleagues ...
China: Ford ready to introduce Lincoln locally
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Land Rover Discovery Sport to replace the Freelander
Land Rover has recently announced the Discovery Sport, which will come as a replacement for the Freelander. After releasing the Discovery ...