operations. BorgWarner's 2012 guidance given in the year-end results was unchanged from that recently announced at the Detroit auto show in January. Management believes that revenue will increase by 10% to 12%, despite facing headwinds, including lower
estimate. Bloomberg first reported Booth's retirement plans, which Ford denied, last month at the North American International Auto Show in Detroit, so we are not surprised by the news. We think Ford wants to avoid having all of its
this year so more time will be needed to see a turnaround in this segment. Management said at the North American International Auto Show earlier this month that Asia would not be profitable in 2011 because of a higher-than-expected
automotive pretax operating profit while Europe and Asia posted losses. Management said at the North American International Auto Show earlier this month that Asia would not be profitable in 2011 because of a higher-than-expected
More chatter from the Detroit auto show : Execs with GM and Ford ( F ) both say anecdotally that sales are brisk in January through the first 10 days of the year. Though
PARIS, Jan 10 (Reuters) - The Renault-Nissan Alliance sold 8.03 million vehicles in 2011, up from 7.28 million a year earlier, Chief Executive Carlos Ghosn said at the Detroit Auto Show on Tuesday, according to a statement issued by the alliance.
Chrysler ( FIATY.PK ) CEO Sergio Marchionne squelches rumors of a pending merger with France's PSA Peugeot-Citroen ( PEUGY.PK ), telling reporters at the Detroit auto show that he hasn't had discussions with counterparts. Post your comment!
On Monday, it was reported that CNH Global CNH chairman Sergio Marchionne noted at the North American International Auto Show that the company will not counter Kubota's KUB revised NOK 10.50 per share offer for Norway's Kverneland, about
DETROIT (Reuters) - Honda Motor Co unveiled three Acura models at the Detroit auto show on Monday including an entry-level sedan and an NSX supercar as it aims to put the struggling premium brand back on the map in the crowded U.S. luxury market.
auto industry, the Hyundai ( HYMTF.PK ) Elantra is named Car of the Year at the open of the 2012 North American International Auto Show , beating out the Ford ( F ) Focus and Volkswagen ( VLKAY.PK ) Passat. Land Rover's Range Rover