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Main > Car Makers News > Mazda > Mazda forecasts $144M fiscal year loss | detnews.com | The Detroit News TOKYO -- Mazda Motor Corp. said Wednesday it expects a loss for the fiscal year, as the carmaker braces for brutal results over the fourth quarter from the strong yen and plummeting sales in the U.S. Mazda lowered its forecast to a 13 billion yen $144.4 million net loss over the fiscal year through March, down from its previous forecast of a 50 billion yen profit. It slashed its sales target 15 percent to 2.55 trillion yen from 3 trillion yen. The maker of the RX-8 sports car and Miata roadster said it... Full article... Article added: 2009-02-05 07:31:57 Article Views Rating: 267 Main > Car Makers News > Mazda > Australian new car market falls 18.5 per cent in January The continuing impact of the global financial crisis forced a downturn in new vehicle sales in Australia during January, but the industry hopes new fiscal measures will help stabilise the market.Official VFACTS data released by the Federal Chamber of Automotive Industries FCAI today show that 67,079 passenger cars, SUVs and commercial vehicles were sold in January - down 18.5 per cent 15,191 vehicles compared to the same month in 2008. “This is a not an unexpected result given the broadening... Full article... Article added: 2009-02-04 06:52:29 Article Views Rating: 372 Main > Car Makers News > Other > Eleven Finalists for World Car of the Year Are Announced The results of the fifth annual World Car of the Year WCOTY competition will be announced at the2009 New-York Auto Show in April, but the journalists have already made the list of the 11 finalists. It is interesting that only European and Japanese autos are participating this year leaving American, Asian Chinese, Korean and Indian and Australian manufacturers behind. The majority of candidates for WCOTY Award come from Europe. They are German Audi A4, Volkswagen Golf VI and BMW 7 Series, French Citroën... Full article... Article added: 2009-01-30 07:07:54 Article Views Rating: 193 Main > Car Makers News > Other > Automakers lobby for fuel efficiency rules | detnews.com | The Detroit News WASHINGTON -- Detroit's Big Three and eight other automakers urged the Obama administration Thursday to implement fuel efficiency increases drafted by the Bush administration but abandoned earlier this month. The Alliance of Automobile Manufacturers, the trade group representing General Motors Corp., Ford Motor Co., Chrysler LLC, Toyota Motor Corp., Daimler AG and others, urged the new administration to rethink its approach and follow the Bush proposal to increase fuel efficiency to a fleetwide average... Full article... Article added: 2009-01-30 07:07:53 Article Views Rating: 170 Main > Car Makers News > Other > Cleaner engines fuel the future | detnews.com | The Detroit News I sincerely hope you walked the aisles of the just-ended Detroit auto show. Amid these gloomy times, the Detroit Auto Dealers Association put on a solid event that demonstrated, among other things, that Detroit may be down, but we're a long way from being out. There were cars and trucks on display that anybody would be proud to drive -- from the Chevy Camaro pony car to the super-efficient Ford Fusion Hybrid. A major trend of the show was the greening of our cars and trucks, and technology is taking the... Full article... Article added: 2009-01-30 07:07:48 Article Views Rating: 156 Main > Car Makers News > Kia > Despite fine performance, Kia's Borrego does little to stand out | detnews.com | The Detroit News With 6 inches of snow on the ground and the white stuff still coming down last December, it seemed like the perfect time to put the 2009 Kia Borrego to the test. The South Korean carmaker may know compacts and sedans, but how well does it know Michigan winters? Turns out, winters, bad roads and good barbeques are just a few of the things Americans and South Koreans have in common. The big SUV tracked right through Detroit's icy roads. There was plenty of power at my disposal. The V-8, the same engine as... Full article... Article added: 2009-01-30 07:07:45 Article Views Rating: 194 Main > Car Makers News > Ford > Ford Focus RS in detail The new Ford Focus RS has easily been one of the most highly anticipated new models for 2009, and with production already well underway, Ford has released every minute detail on its scorching hatch.Over 100 engineers from Ford Europe and Team RS have been involved in the development of the Focus RS, adamant in producing a sports hatch to honour the namesake’s 40-year long heritage. Thanks to this incredible level of intensive engineering development, Ford eagerly boasts that the new Focus RS will... Full article... Article added: 2009-01-29 11:33:22 Article Views Rating: 642 Main > Car Makers News > Volkswagen > Volkswagen Golf GTI Pirelli Review Model Tested: 2009 Volkswagen Golf GTI Pirelli, 2.0-litre, four-cylinder, six-speed DSG, three-door - $47,490 RRPThere are some icons in the automotive world that have earned their reputation. The Ferrari Enzo is one such car, with its unbelievably good looks and limited production run, the Bugatti Veyron is another for, well, the obvious. Moving a lot further down the price spectrum we come to the humble Golf GTI, a model that has been around since 1976. Stop and think about that for a moment, how many... Full article... Article added: 2009-01-29 11:23:59 Article Views Rating: 847 Main > Car Makers News > Other > Fuel rule struggle looms for Big Three | detnews.com | The Detroit News WASHINGTON -- Automakers face an uphill climb in convincing the Obama administration not to grant California and 13 other states the right to impose their own tailpipe emissions standards, but those tougher regulations could come with more federal loans. President Barack Obama ordered the Environmental Protection Agency to review the request from California and the other states to impose a 30 percent reduction in tailpipe emissions by 2016. He vowed during the campaign to grant California permission... Full article... Article added: 2009-01-27 13:56:00 Article Views Rating: 194 Main > Car Makers News > Chrysler > Chrysler, Fiat meetings called 'positive' | detnews.com | The Detroit News Fiat SpA management spent time at Chrysler LLC in Auburn Hills over the weekend as the two automakers hammer out details of a proposed partnership, one of many ways Chrysler is working to show its viability in compliance with the conditions of $7 billion in requested government loans. Fiat chief executive Sergio Marchionne traveled from Italy for an informal meeting described as "positive" by Chrysler Chairman Robert Nardelli in a letter to employees Monday that provided updates on cost-cutting by all... Full article... Article added: 2009-01-27 13:55:58 Article Views Rating: 191 |
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