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Browse fourth quarter articles

Garmin forecasts sales of its navigation devices will fall by 20 percent in 2013


Garmin said it expects to sell fewer GPS navigation devices in 2013, with the company also forecasting full-year results below analysts' estimates. The announcement sent its shares down 12 percent to their lowest in more than a year. Garmin makes hand-held and car-mounted navigation devices that account for about half of its sales, but the company's revenue from its struggling automotive ...
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More fourth quarter articles

GM Reports Fourth Quarter Profit Up 89%
GM reported fourth quarter profit up 89%, which would have been even higher hasn’t it been for the $700 million losses in Europe. During the fourth quarter GM earned a net ...
German Economy Dropped More than Predicted During Fourth Quarter
During the fourth quarter economy in Germany dropped lower than analysts’ forecast, as exports declined. During the fourth quarter, gross domestic product dropped 0.6% from the third quarter, when it saw ...
BMW X1 M35i xDrive going to the United States
The German based automaker BMW is planning to unveil the X1 M35i xDrive on the North American market later this year. Even if there is no official word from BMW on ...
Q3 imports in China exceeded 700,000 vehicles
According to Sinotrust, a China Automobile Trading and market solution company, during the third quarter of 2011 China imported approximately 712,000 vehicle, with 26.6% more than last year. Also, 612,000 ...
Ford: $1.2 billion U.S. pension contribution in 2011’s first nine months
From July until September 2011, Ford Motor Co. contributed $200 million to its worldwide pension plans. The cumulative contribution for Jan – Sept period reaches $1 billion. That comes as ...
Ford’s global output in Q4 2011 is forecasted at 1,370,000 units
According to the most recent statements of Ford, North America is the only market that will allow sales increases for the remaining of 2011, while Europe and other regions register ...
Ford: Q3 profit of $1.65 billion
A higher pricing strategy which drove sales higher, mixed with strong demand for crossovers and trucks, helped Ford post its 10th consecutive quarterly profit, a 2 percent decrease from ...

latest automotive news
Test Drive: 2013 Infiniti M35h
For those who may think that hybrid vehicles are underpowered, slow, noisy and difficult to drive, well the M35h model ...
Tesla Plans to Offer Battery-Swapping Service for the Model S as Charging Option
Tesla who has already began expanding its fast-charging stations, is also preparing a service to rapidly change a car’s battery ...
Honda Plans to Introduce 12 New Models in China by 2015
Honda announced its plans to introduce in China 12 new models by 2015, including the locally produced hybrid models. The 12 ...
Justin Bieber Does It Again This Time Hitting Pedestrian With His White Ferrari
Last night, May 17th, Justin Bieber hit a pedestrian with his white Ferrari in Hollywood. The pedestrian is believed to be ...
PSA Leads Renewed Decline in Europe in May
PSA Peugeot Citroen reported sales in May down 13.2% to 115,191 vehicles. Last month Peugeot sold 115,191 units, down 13.2%, compared ...
Rolls-Royce Names Frank Ludwig Director of Manufacturing
Rolls-Royce names BMW veteran Frank Ludwig its new director of manufacturing. Frank Ludwig, 42, joins Rolls Royce from BMW’s plant in ...
GM Will Stop Releasing Monthly Production Data
GM said from now on it will not report monthly production figures anymore to the automotive data providers. According to Automotive ...
Mercedes Creates New Sales-Support Unit for Chinese Market
Daimler’s Mercedes-Benz created a new sales-support unit for China and will increase the number of its dealerships part of its ...
Mary Barra Might Be GM’s Next CEO
Mary Barra, GM’s first female chief product officer, might become the automaker’s next CEO. Mary Barra has been working for GM ...
GM Holden Looks for Solutions to Save Plants in Australia
Holden and the labor unions in Australia will begin negotiations to find solutions to cut costs and keep open the ...
Tennessee Governor Wants the State to be the Location for Fiat-Chrysler Headquarters
Tennessee officials try to convince Fiat and Chrysler CEO Sergio Marchionne to choose the state as the location for the ...
Ferrari 458 Italia gets ruined in China
A Ferrari 458 Italia supercar has been recently crashed in China, after the driver lost control of the wheel on ...
[VIDEO] 2015 Volkswagen Touareg spied in the Alps
The 2015 Volkswagen Touareg has been recently spied in the Alps, where the popular SUV, in its updated version, was ...
Audi A3 Sedan gets priced in the UK
The brand new Audi A3 Sedan has been recently launched in the United Kingdom, where the model is now available ...
2014 BMW 4-Series Cabrio rendered
New rendering images with the upcoming BMW 4-Series Cabrio have recently hit the web and they might provide us with ...
Europe: 2014 Chevrolet Corvette gets priced
Chevrolet has recently announced the official price list of the new Corvette generation in Europe, where the model is now ...
Korres Project 4 gets detailed
New details have been released on the Korres Project 4, the model designed and built by architect and inventor Dimitris ...
NHTSA Not Close to Finalizing Rear-Visibility Rule
NHTSA chief David Strickland said that there is no deadline for finalizing delayed rear-visibility rules, which will require car makers ...