Toyota's Italian driver Jarno Trulli races at the Yas Marina Circuit in Abu Dhabi Sunday. Photo: AFP Toyota Motor, the world's largest car manufacturer, announced Wednesday it is quitting Formula One, joining an exodus of Japanese automakers from the multi-million-dollar sport due to the global e...
Shanghai, November 3 (Gasgoo.com) BeijingWest Industries Group, a Chinese investment company led by state-owned steelmaker Shougang Group, said today it has bought U.S. auto-parts giant Delphi Corp.'s brake and suspension unit for about $100 million, media reported.
Shanghai, November 3 (Gasgoo.com) BeijingWest Industries Group, a Chinese investment company led by state-owned steelmaker Shougang Group, said today it has bought U.S. auto-parts giant Delphi Corp.'s brake and suspension unit for about $100 million, media reported.
* Q3 EBIT 55 million eur vs Reuters poll avg 190 million * Q3 net profit 78 million vs poll avg 118 million * Cautiously optimistic about market recovery in 2010 * Shares fall 6.2...
* Company has been looking at possible acquisitions * Would not consider buying GM or Chrysler dealerships * Group One's Hesterberg says not worried...
* 'Can't fathom' material increase in 2010 sales * Says economy 'a whole new ballgame' * Says too early to be discussing GM IPO (Adds quotes, details) DETROIT, Nov 2 - U.S. auto sales are...
* Ford optimistic about 2010, but unsure about recovery * Renault, Peugeot see uncertain 2010 auto market * Toyota sees gradual recovery taking shape * Automakers set to report U.S. October sales on Tuesday (Adds...
* Company has been looking at possible acquisitions * Would not consider buying GM or Chrysler dealerships DETROIT - Group One Automotive Inc, the No. 4 U.S. auto dealership, has been looking at possible acquisitions...
(For other news from the Reuters Autos Summit, click on http://www.reuters.com/summit/Autos09?pid=500 * Consumer debt to drag on recovery * Luxury segment almost in deflation * Price cutting is "slippery slope" * To boost marketing spend...
* Ford optimistic about 2010, but unsure about recovery * Renault, Peugeot see uncertain 2010 auto market * Toyota sees gradual recovery taking shape * Ford shares up 6 pct on NYSE * Automakers set...