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Sales Down But Profits Up For Holden In 2016

FRI, 5 MAY, 2017

As Holden prepares to finalise its Australian production shut down later this year and switch to a full-line importer, the company has revealed its...

Toyota Global Sales Rise, But Profits Slump 43 Percent

WED, 9 NOV, 2016

Toyota has announced a fall in global operating profits of 43 percent over the last financial quarter despite seeing a small 2.5 percent increase i...

PSA Peugeot Citroen | New Ute, New Identity On The Way

WED, 6 APR, 2016

French auto group, PSA Peugeot Citroen, has announced its five-year business plan dubbed ‘Push to Pass’, outlining a range of prod...

Skoda Choice Buy-Back Leasing Scheme Launched In Australia

FRI, 27 MAR, 2015

Skoda Australia will guarantee the future value of its new cars through its new Skoda Choice finance scheme, which Skoda says will give customers a...

Holden And Ford Post Losses In Lead-up To Manufacturing End

TUE, 13 MAY, 2014

HOLDEN AND FORD POST LOSSES Holden recorded its biggest ever loss in 2013, confirming a $552.8 million loss that it says is largely due to a one...

GMAC Approves Sub-Prime Car Loans, Mankind Refuses To Learn From Past

THU, 2 APR, 2009

As part of a push to defibrillate flatlining new car sales in the USA, General Motors' financial arm GMAC has slashed fees, cut or delayed repayme...

Jaguar-Land Rover To Cut 450 Jobs

THU, 15 JAN, 2009

Despite the long-awaited introduction of exciting new products, and the prospect of more to come Jaguar-Land Rover today announced that it will be...

GM Posts $2.5b Loss: Jobs, Operating Costs And Assets To Be Slashed

SAT, 8 NOV, 2008

If you thought Ford's 3Q losses were bad, think again.

Ford Announces $129m Loss, Prepares To Slash Workforce By 10 Per Cent

SAT, 8 NOV, 2008

As if America's beleaguered automakers weren't in enough trouble.

Financial Crisis Prompts Toyota To Cut Earnings Forecast

FRI, 7 NOV, 2008

Poor sales in the US, Europe, and slowing growth in emerging markets, the increasing cost of raw materials, unstable oil prices, a strong yen and ...