Jaguar Land Rover profits up to £842m, up from £404m in Q4 2013
Jaguar Land Rover profits surged by over 100% from £404 million ($662m) to £842 million ($1,380m) in the fourth quarter of 2013 on revenues...
FIAT to buy rest of Chrysler
Italian car company FIAT, which already owns a majority stake in the American automobile maker Chrysler, says it plans to buy the remaining 41%....
Hydrogen fueled Lexus LS is in the pipeline
A hydrogen fueled Toyota Lexus limousine is in the pipeline, according to sources.
Toyota has already launched the Mirai, one of the first hydrogen fuel-cell...
Tesla Motors announces Roadster improvements
Tesla Motors announced on Friday that it will carry out three major improvements to the Roadster 3.0 package. After CEO Elon Musk tweeted on Thursday...
Tesla Roadster range to be increased to 400 miles
The Tesla Roadster, the all-battery electric vehicle sports car manufactured by Tesla Motors, will have its range increased by almost two-thirds to 400 miles between...
CarMax posts 22 percent increase in third quarter earnings
CarMax posted a 22 percent increase in third quarter earnings. The used-car dealership chain reported a surge in car sales.
CarMax reported earnings of US$130...
Ford closes its plant in Genk, Belgium
The Ford Motor Company closed it plant in Genk, Belgium on Thursday, which had manufactured 14 million vehicles and provided thousands of jobs for...
Jaguar and Land Rover sales fall for second straight month
Jaguar and Land Rover (JLR) posted a decline in retail volumes for the second straight month. The two brands, owned by Tata Motors, said...
Honda recalling 3 million more vehicles in US
Honda Motor Co. says it is recalling a further three million vehicles in the United States associated with exploding air bags made by Takata...
US auto sales booming, industry’s best November in over a decade
American auto sales increased more than expected last month, with Black Friday deals attracting an overwhelming number of buyers.
General Motors Co. said that it...