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GM’s net income more than doubles in April-June

GM’s net income more than doubles in April-June

autherAutocar Professional Bureau     calendar22 Jul 2016

General Motors reported a growth of 157% in its net income at $2.9 billion, in contrast to $1.1 billion reported in the same period last year.

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Daimler posts record sales in Q2- and H1-2016, net profit up 3.3%
Daimler posts record sales in Q2- and H1-2016, net profit up 3.3%

autherAutocar Professional Bureau calendar22 Jul 2016

The Group’s sold 1.445 million vehicles in H1-2016, while net profit rose to €2,452 million/ Rs 18,160 crore (Q2 2015:...

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Nissan staffers build 48 kWh Leaf prototype in their spare time
Nissan staffers build 48 kWh Leaf prototype in their spare time

autherAutocar Professional Bureau calendar22 Jul 2016

While there are no plans to put this prototype into production, it serves as a useful exercise in thinking outside the...

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PSA Group plans JV in Iran to sell Citroen cars
PSA Group plans JV in Iran to sell Citroen cars

autherAutocar Professional Bureau calendar22 Jul 2016

The joint venture will invest more than €300 million (Rs 2,293 crore) in manufacturing and R&D capacity over the next ...

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McLaren calls for fast Brexit decision after record sales
McLaren calls for fast Brexit decision after record sales

By Phill Tromans, Autocar UK calendar22 Jul 2016

The Woking-based carmaker expects to triple its sales by 2020 but warns continued uncertainty is not good for the indu...

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Tesla's new game-plan revealed: compact SUV and pick-up in the offing
Tesla's new game-plan revealed: compact SUV and pick-up in the offing

By Rachel Burgess, Autocar UK calendar21 Jul 2016

Tesla boss Elon Musk has unveiled his so-called ‘Master Plan, Part Deux’, which includes product plans for the firm’s ...

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Chevrolet launches new generation Cruze in China
Chevrolet launches new generation Cruze in China

autherAutocar Professional Bureau calendar21 Jul 2016

Chevrolet announced the sedan is available in seven different trim levels, with a price range between RMB 109,900 (Rs ...

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ContiTech inks MoU for new hose plant in Qingdao, China
ContiTech inks MoU for new hose plant in Qingdao, China

autherAutocar Professional Bureau calendar21 Jul 2016

The company plans to invest more than €20 million (approximately Rs 152 crore) as a first step to set up a greenfield ...

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Markus Duesmann to become BMW AG Board member for purchasing
Markus Duesmann to become BMW AG Board member for purchasing

autherAutocar Professional Bureau calendar21 Jul 2016

Markus Duesmann (47) will take over from Dr. Klaus Draeger (59), who will retire from the Board of Management upon rea...

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Renault-Nissan Alliance joins World Business Council for Sustainable Development
Renault-Nissan Alliance joins World Business Council for Sustainable Development

autherAutocar Professional Bureau calendar21 Jul 2016

Partnership confirms Alliance’s aim to contribute towards a zero-emissions, zero-fatalities future.

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.06%

No

 

35.94%

Total Votes : 679