/

Browse South America articles

GM First Quarter Profit Down 14%


GM reported first quarter profit down 14% due to the economic slump in Europe and a drop in North American earnings. During the first quarter GM’s profit dropped 14% to $865 million and revenue fell to $36.9 billion from $37.8 billion during the same period last year. The automaker’s operating profit in North America fell to $1.4 billion from $1.6 billion ...
Read more

related more
spacer

Multimedia zone

2012-Mini-roadster-030.jpg





spacer

More South America articles

Volvo Trucks’ global deliveries down 17 percent in November 2012
Volvo Trucks announced its deliveries fell by 17 percent in November to 9,446 vehicles compared with the same month in 2011. In Europe, deliveries decreased by 13 percent to 3,835 trucks ...
DAKAR 2013: 2 dead, 7 injured in accident involving race suport vehicle
Two people have died and sever were injured in a three-vehicle accident during the Dakar Rally on Wednesday evening. The accident took place seven miles from the Chilean border at 9:30 ...
Audi to make decision on Brazil plant in 2013
Audi will decide next year whether to start making cars in Brazil again, following BMW's plans for a new plant in the country and rumours that Acura and Infiniti are ...
Renault considering new plant in Venezuela
Renault is considering the possibility of building a plant in Venezuela to increase its production capacity outside struggling Europe. Renault already has three plants in Latin America, in Argentina, Brazil and ...
Volvo Trucks’ deliveries down 10 percent worldwide in October
Volvo Trucks' October deliveries fell by 10 percent to 10,051 vehicles compared with the same month last year, the company announced. In Europe, deliveries decreased by 6 percent to 4,350 trucks ...
Ford Fiesta recall expanded to South America
Ford has recently announced that the recall for the Fiesta models, because of a problem with the side curtain airbags has been expanded to South America too. After the National Highway ...
[VIDEO] Facelifted Renault Fluence was launched in Latin America
Renault has launched the facelifted Fluence model in Latin America, where the model is coming with the “classic” changes. According to the French based automaker, the Renault Fluence facelift now has ...
VW Passenger Cars deliveries top 4 million units through September
Volkswagen announced that deliveries of its passenger cars division exceeded 4 million units for the first time in the first three quarters of this year. From January to September, Europe’s largest ...
Transportation: Airbus to Build its First Plant in America
Airbus plans to open a facility in Alabama, which will help the company reduce costs and compete with Boeing in its home market. The European company will soon announce plans about ...

latest automotive news
Test Drive: BMW X1 xDrive18d Sport Line – The Sleepwalker
The BMW X1 has been in production since 2009, offered as a 2010 model year, but the crossover has “suffered” ...
Renault and Nissan Introduce Modular-Production Strategy
Renault and Nissan will introduce a modular-production strategy as the two companies aim at reducing costs by manufacturing more vehicles ...
GM Expects to Sell More Crew-Cab Version of the 2014 GMC Sierra
GM said it expects to sell more crew-cabs versions of the new 2014 GMC Sierra, as they are more expensive, ...
GM Says Its New Sierra and Silverado Pickups Exceed the F-Series in Fuel Economy
GM says that the new GMC Sierra and Chevrolet Silverado engines will surpass Ford’s F-Series in fuel economy. Both the GMC ...
Another Chinese City Imposed Vehicle Quotas
Shijiazhuang, one of the most polluted cities in China, announced it will limit vehicle ownership, as traffic congestion and the ...
Porsche Lawsuit Might Have Been Assigned to Cartel Court in Germany
According to an anonymous source, a German court assigned to a court specializing on cartel matters the investor lawsuit seeking ...
India slams F1 race demise rumours
Jun.19 (GMM/Inautonews.com) The promoter of the Indian grand prix on Wednesday slammed rumours the race may fall off the ...
Lauda didn’t know about secret tyre test – report
Jun.19 (GMM/Inautonews.com) Niki Lauda only knew about Mercedes' secret tyre test at Barcelona in May once "the wheels were ...
GM Breaks Ground of New Cadillac Plant in China
Today, June 19th, GM broke ground to a new Cadillac plant in China, targeting luxury buyers in the region. Although luxury ...
Jaguar Land Rover Sets Goal of 1M Sales by the End of Decade
Jaguar Land Rover plans to reach global sales of 750,000 units and even 1 million units until the end of ...
Lotus’ new co-owners won’t ‘sit idly’ – report
Jun.19 (GMM/Inautonews.com) Lotus' new team co-owner has lurched into formula one with bravado, claiming the Enstone based team will ...
PSA Peugeot Citroen Might Build Vehicles in Belarus
Dmitry Klevzhits, Director of the National Agency of Investment and Privatization (NAIP) of Belarus, said that PSA Peugeot Citroen might ...
Dacia Launches the Lodgy Minivan in Denmark
Dacia has introduced the Lodgy minivan in Denmark, the latest market in western Europe for the brand. Earlier this year Dacia ...
Ford Plans to Double Engine Production in the Chinese Market
Ford plans to double engine production in the Chinese market, according to CEO Alan Mulally. Ford will manufacture 750,000 engines annually ...
GM Will Not Make Further Investments in Peugeot
GM recently announced it does not plan to make further investments in its struggling partner PSA Peugeot Citroen. "We don't have ...
Recall roundup: Tesla Model S
Tesla has recently announced a recall for a number of Model S sedans, because of a potential problem with a ...
[VIDEO] Aston Martin Vanquish Volante gets first video presentation
The British based automaker Aston Martin has recently released the first video presentation with the brand new Vanquish Volante. After it ...
Spied: RHD Ford Focus facelift
The facelift version of the Ford Focus has been recently spotted testing, in right-hand drive, on a mountain road, with ...