By YOUKYUNG LEE
Hyundai Motor Co. said Thursday its profit sank nearly 30 percent for the July-September quarter, hurt by a stronger South Korean currency and weak sales growth in its home market.
Daily Archives: October 25, 2014
4 more US workers allege racial bias at Daimler plant
By GOSIA WOZNIACKA
Oregon expanded its investigation into discrimination at the Portland truck-making plant of German automotive giant Daimler AG after four more employees came forward with allegations of racial harassment.
UK car industry’s rebound driven by Japanese automakers
Jaguar, Rolls Royce, Land Rover, Mini, MG. The pantheon of British automakers has a storied history, but it is not exactly populated with big-volume world-beaters.
And its recent history has been darkened by years of decline in which many of these household brand names were bought and sold by overseas rivals betting they could engineer a turnaround.
Ford’s Q3 pretax operating profit tumbles 54%
BY Bradford Wernle
Ford CEO Mark Fields (photo above) today delivered the first report card on his performance since taking over for Alan Mulally on July 1. He gave every sign that he’ll have more to show off next year.
EU ‘greenhouse gas emissions cut’ deal reached
By MIKE CORDER and MONIKA SCISLOWSKA
European Union leaders agreed early Friday to cut greenhouse gas emissions in the 28-nation bloc to at least 40 percent below 1990 levels by 2030.
The deal was aimed at countering climate change and setting an example for the rest of the world ahead of key international climate negotiations next year.
