latest news

Europe's carmakers walk tightrope between low cost and high spec

Europe's carmakers walk tightrope between low cost and high spec

Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down.

By EDWARD TAYLOR

Volkswagen's Seat says nearing profitability

Volkswagen's Seat says nearing profitability

Volkswagen's (VOWG_p.DE) Spanish division Seat is nearing profitability as new models boost sales and core European markets grow, Seat boss Juergen Stackmann said.

By Andreas Cremer; Editing by Mark Potter

Ford lowers 2014 pretax profit forecast to $6 billion

Ford lowers 2014 pretax profit forecast to $6 billion

Ford Motor Co (F.N) has lowered its expectation for pretax profit this year to $6 billion, from its previous forecast of $7 billion to $8 billion, the automaker's chief financial officer told investors on Monday.

By BERNIE WOODALL

Wall St. ends down on Hong Kong tensions, Ford outlook

Wall St. ends down on Hong Kong tensions, Ford outlook

U.S. stocks ended lower on Monday following protests in Hong Kong that added to worries about Chinese growth and after a disappointing forecast from Ford Motor Co(F.N).

By CAROLINE VALETKEVITCH

Ford shares tumble on lower profit outlook for 2014-2015

Ford shares tumble on lower profit outlook for 2014-2015

Higher recall costs in North America and steeper losses in Russia and South America have caused Ford Motor Co (F.N) to slash its forecast for pretax profit this year to $6 billion, from $7 billion to $8 billion previously, executives told investors at a briefing on Monday.

By BERNIE WOODALL

Safety group asks U.S. regulators for defect probe of Chrysler vehicles

Safety group asks U.S. regulators for defect probe of Chrysler vehicles

A safety advocate group has petitioned U.S. regulators to open an investigation into an estimated 4.9 million Chrysler vehicles for issues that could lead to engine stalls and other problems, according to documents posted online by the U.S. National Highway Traffic Safety Administration.

By Ben Klayman in Detroit; Editing by Lisa Von Ahn

TRENDING NOW

Real Time Analytics