Autos

Peugeot car division back in profit as new CEO makes mark

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PARIS - PSA Peugeot Citroen reported a surprise surge in first-half cash flow and the first auto-division profit in three years, sending the French carmaker's shares soaring as its turnaround plan began to show results.

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North and South America performance hurts Fiat Chrysler 30 Jul 2014

MILAN - Fiat Chrysler on Wednesday reported a fall in second-quarter operating profit as a better performance from its luxury brands and its Asia and European operations failed to offset weak Latin American and disappointing North American results.

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Fiat Chrysler second quarter net profit falls sharply as Latam, tax charges weigh 30 Jul 2014

MILAN - Fiat Chrysler on Wednesday reported a sharp fall in second-quarter net profit as a better performance from its luxury brands and its Asia and European operations failed to offset persistent weakness in Latin America.

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Peugeot auto division posts profit as turnaround kicks in 30 Jul 2014

PARIS - PSA Peugeot Citroen narrowed its first-half loss and posted the first positive contribution from its core auto division in three years, as the French carmaker's recovery plan began to show results.

Russian gas flows via Ukraine to EU normal on Wednesday - Slovak pipeline 30 Jul 2014

PRAGUE - Russian natural gas flows to the European Union through Slovakia via Ukraine were running normally on Wednesday morning, Slovak pipeline operator Eustream said on its website.

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VW closes in on Toyota as global auto leader 30 Jul 2014

TOKYO - Volkswagen is closing in on Toyota Motor Corp as the global leader in vehicle sales, with a rapid expansion drive in China - the world's biggest auto market - while Toyota curbs growth to focus on shoring up quality.

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Toyota says first-half global sales rise 3.8 percent 30 Jul 2014

TOKYO - Toyota Motor Corp said its first-half groupwide global sales rose 3.8 percent to 5.097 million vehicles, achieving a record for first-half sales as its reign at the top of the global auto industry comes under threat from Volkswagen AG .

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GM sued over deaths, injuries linked to ignition switch 30 Jul 2014

- General Motors was hit Tuesday with a lawsuit brought on behalf of more than 650 people allegedly injured or killed in accidents involving cars that have been recalled this year for faulty ignition switches.

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GM sued over deaths, injuries linked to ignition switch 30 Jul 2014

- General Motors was hit Tuesday with a lawsuit brought on behalf of more than 650 people allegedly injured or killed in accidents involving cars that have been recalled this year for faulty ignition switches.

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VW set to overtake Toyota as global auto leader 29 Jul 2014

TOKYO - Volkswagen is poised to overtake Toyota Motor Corp as the global leader in vehicle sales, with a rapid expansion drive in China - the world's biggest auto market - while Toyota curbs growth to focus on shoring up quality.