Honda’s April-June operating profit rose 7 percent from a year earlier to 198 billion yen ($1.94 billion), as lower sales in the United States were offset by costs cuts and the company’s stronger focus on Asian markets.
Category Archives: General Talk
Jaguar XE with 75mpg fuel economy very impressive
The new Jaguar XE will be the most economical Jaguar saloon ever built, with diesel models on course to return 75mpg and below 100g/km of CO2.
Faurecia increases earnings target
French supplier Faurecia raised its 2014 earnings forecast after first-half profit jumped 21 percent on strong demand in Asia and higher market share in its home region.
VW suffers production woes adjusting to MQB platform
Volkswagen’s move to add extra German production shifts for the Golf hatchback, which the company has attributed to strong demand, is also due to problems adjusting to its new MQB platform, company sources told Reuters.
AvtoVAZ CEO Andersson aims to restore pride to Lada
Bo Andersson, a former top purchasing manager at General Motors, is the first non-Russian CEO of AvtoVAZ, which is now controlled by Renault-Nissan. Andersson, a Swedish national, is tasked with turning around AvtoVAZ’s struggling Lada unit, whose sales have been hit hard by competition from Western brands. He spoke with Automobilwoche.
