Ford Motor Credit Company reported a pre-tax profit of $507 million in the first quarter of 2013, compared with $452 million a year earlier. The increase in pre-tax earnings is primarily explained by higher receivables and favorable residual performance, offset partially by lower credit loss reserve reductions. Ford Credit’s net...
The Race for the First Driverless Car For most drivers the car represents freedom, and to many it is a status symbol. So how many would be willing to give up being in the driving seat? This infographic looks at some of the information available about driverless cars. The Race...
One of the more unique parts of the MINI stable, the soft top MINI Cooper D convertible is recommended if you want to save on your mileage and emissions, while still benefiting from a high performance car. The MINI Cooper D still delivers the go kart like handling of the...
Audi Car Group – Financial Results | Audi: after first quarter key financial figures continue on high level Although the economic climate has deteriorated further in a number of European countries, Audi enjoyed a very successful opening quarter with some 369,500 deliveries to customers. With €11.734 billion revenue for the...
2013 Kia Carens Kia UK has now announced pricing and specification details for the all-new Carens that is now available to order from Kia dealerships across the UK. The all-new third-generation 7-seater Carens completes the design-led revolution that President and Chief Design Officer Peter Schreyer began only a few years...
Chrysler Group LLC today reported its preliminary 2013 first-quarter results, including net income of $166 million on revenue of $15.4 billion. As anticipated, the quarter was negatively affected by the reduced vehicle shipments that resulted from key product launches, namely the 2013 Ram Heavy Duty trucks and the 2014 Jeep...
Ford Motor Credit Company reported a pre-tax profit of $507 million in the first quarter of 2013, compared with $452 million a year earlier. The increase in pre-tax earnings is primarily explained by higher receivables and favorable residual performance, offset partially by lower credit loss reserve reductions. Ford Credit’s net...
The Renault Flins plant, located near Paris, France, was selected by Renault to produce the next-generation Nissan Micra. Production will begin in 2016 at an estimated annual volume of 82,000 vehicles. Nissan, Renault’s Alliance partner, requested the French vehicle manufacturer to produce the next-generation Nissan Micra in Europe at a...
The recent Toronto CIAS expo, held from February 14th to the 24th, saw a range of new cars and concepts appear, and signal some exciting developments for the near future. Notable cars at the show included new Dodge Vipers, a BMW M6 Gran Coupe, a Jaguar F-Type, and LF-lC and...
The best green cars! Ford Focus Electric, C-MAX Energi and Lincoln MKZ Hybrid were named to the KBB.com list of 10 Best Green Cars of 2013. Kelley Blue Book editors chose the vehicles for being environmentally friendly and for providing commentary and mileage information. Focus Electric, C-MAX Energi and MKZ...
Kia: Best Ever March for Kia Sales – Best first quarter since 2010 scrappage peak with 19,204 sales Kia Motors set a new record for sales in the UK during March with 12,608 vehicles delivered to customers – helping the brand to its best first quarter result since the height...
Volkswagen Group Delivers 2.27 Million Vehicles in First Quarter The Volkswagen Passenger Cars brand delivered 1.43 (1.36; +5.2 percent) million vehicles to customers worldwide from January to March. The brand continued to develop well in the Asia-Pacific region, where deliveries ran at 653,500 (540,600; +20.9 percent). In the North America...
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Auto Speed Market is a car blog with the latest automotive, F1 and car news. Auto Speed Market is trying to provide extra information to car enthusiasts, will be presenting new cars and concepts, prices and statistics of the automotive world. Auto Speed Market also offer tips for buying a new car or second hand vehicle.