News Releases

  • AAM reports second quarter 2013 financial results

    American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today reported its financial results for the second quarter 2013.   Second Quarter 2013 Results Second quarter 2013 sales of $799.6 million, up 8.1% on a year-over-year basis Non-GM sales grew 12.9% on a year-over-year…

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  • Remy International declaration of dividend on common stock

    Remy International, Inc. (NASDAQ: REMY) announced today that the Board of Directors has declared a quarterly cash dividend of ten cents ($0.10) per share.  The dividend will be payable on August 30, 2013 to Shareholders of Record as of the close of business August 16, 2013. About Remy International, Inc.…

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  • Lowest CO2 and LED light for new 184PS Audi A3 TDI

    More powerful version of 2.0-litre TDI engine with lowest-in-class CO2 and optional quattro drive arrives in A3 alongside advanced LED lighting New 2.0 TDI 184PS engine now available in addition to original 150PS version in A3 and A3 Sportback models – Saloon to follow later Available in front-wheel-drive and quattro all-wheel-drive…

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  • Toyota Motor Corporation announces first quarter financial results

    Toyota Motor Corporation (TMC) today announces financial results for the first quarter ended June 30, 2013. On a consolidated basis, net revenues for the first quarter totaled 6.2553 trillion yen, an increase of 13.7 percent compared to the same period last fiscal year. Operating income increased from 353.1 billion yen…

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  • Mercedes-Benz starts second half of the year with record month and 20% growth

    Mercedes-Benz reported its best-ever July results and started the second half of the year successfully by selling 116,790 units and generating growth of 20.0%. It has delivered 811,227 vehicles to customers since the beginning of the year (+8.1%). The success of its new E-Class and its new compact models contributed…

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  • John German, Senior Fellow, International Council for Clean Transportation, confirmed for Automotive World’s Megatrends USA ’14

    John German, Senior Fellow, International Council for Clean Transportation, has been confirmed as a speaker in the Alternative Powertrain Technology session at Automotive World’s Megatrends USA ’14, which takes place in Michigan on 18 March 2014.  John German is a Senior Fellow for the International Council for Clean Transportation, with primarily responsibility…

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  • Honda Civic breaks 13-year-old monthly record on American Honda 20-percent sales gain; Acura sales jump 18 percent on MDX monthly record and all-time light-truck sales record

    Honda Motor Co., Inc. today reported July 2013 U.S. sales of 141,439 units, a total increase of 20.9 percent compared with July 2012 (up 16.1 percent based on the Daily Selling Rate, or DSR*). The Honda Division posted July 2013 sales of 126,289 units, an increase of 21.3 percent compared…

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  • Nissan US sales increase 10.9% for record July

    Nissan set a new July record with US sales of 109,041 deliveries, an increase of 10.9 percent over 98,341 units a year earlier. Nissan Division also set a new July record with 101,279 sales, up 16.8 percent and led by record July performances by Altima, Versa, Pathfinder and Rogue. Sales…

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  • Cooper Standard Acquires Jyco Sealing Technologies Business

    Cooper Standard today announced its acquisition of the automotive sealing business of Jyco Sealing Technologies effective July 31, 2013. The business acquired in the transaction is operated from Jyco’s manufacturing locations in Canada, Mexico and China. Terms of the sale were not disclosed. “The integration of Jyco Sealing Technologies into…

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  • Dürr fully on track after the first half of 2013

    Dürr recorded a further increase in earnings in the first half of 2013 and is well on the way to achieving its full-year targets. Whereas the sales revenues of € 1,131.7 million matched the previous year’s level (€ 1,163.3 million), the EBIT margin widened to 7.3% (previous year 6.2%). At…

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  • CVG Announces Realignment Of Executive Leadership Team

    Commercial Vehicle Group, Inc. (Nasdaq: CVGI), announced the realignment of its executive leadership team. Under the new structure, Kevin Frailey has been appointed President of Global Construction, Agriculture & Military; Patrick Miller has been appointed President of Global Truck & Bus, and Timo Haatanen has been appointed President of Global…

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  • Tata Motors July sales at 51,468 nos.

    Tata Motors’ total sales (including exports) of Tata commercial and passenger vehicles in July 2013 were 51,468 vehicles. The company’s domestic sales of Tata commercial and passenger vehicles for July 2013 were 47,191 nos. Cumulative sales (including exports) for the company for the fiscal were 204,659 nos. Commercial Vehicles The…

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  • Paul Willcox appointed Managing Director of Volkswagen Group (UK) Limited

    Paul Willcox has been appointed Managing Director of Volkswagen Group (UK) Limited, taking over from Simon Thomas who leaves the UK on 1 September 2013 to take up a global marketing role. Willcox, 49, joins the business on 16 September from Nissan, where he has held the role of Senior…

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