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South Korea's Kia Motors says 2nd-quarter net profit rises 40 percent
SEOUL, South Korea: South Korea's Kia Motors said Friday that second-quarter net profit rose 40 percent amid a gain in sales. Kia earned 86 billion won (US$85.3 million) in the three months ended June 30, the company said in a statement. Sales during the
Honda Motor Q1 profit up; sees lower net income in FY09
Motor Q1 profit up despite revenue sees lower net income in FY09 - update + height + width + + left + + top + Optional: Temporarily hide the "tabber" class so it does not "flash" on the page as plain HTML. After tabber runs, the class is changed to
Ford to converge Mondeo and Fusion, betting big on dual-clutch transmissions
Readers of motortrend.com have been begging for importation of the Ford Mondeo for about a year. That car wasn't protected for U.S. standards and, anyway, the Mondeo sells for about 50 percent more in the European market than it would sell for here in
Skoda appoints new aftersales boss
Skoda has appointed a new head of aftersales. Julie Evetts has joined the brand from elsewhere in the Volkswagen Group, where she has held several senior roles, including positions in retail and fleet sales. She has also worked for Ford, Audi and been
Chrysler UK managing director quits
Chrysler UK is looking for its second managing director in under a year after announcing that Simon Elliott has quit the company. This was Elliott's second stint as boss of its UK operation, having previously headed up the company from 1999. He was in
Audi says unfavourable forex effects will burden H2 revenues UPDATE
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New market demand spurs Honda to record quarter
TOKYO-Honda Motor Co. reported record profit for a fiscal first quarter Friday as sales growth in new markets offset the damage from a stronger yen and soaring material costs. Honda, Japan's No. 2 automaker, earned a better-than-expected 179.6 billion
Honda reports record fiscal first quarter profit as new market demand offsets...
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Honda beats Q1 estimates but sees tougher year ahead
TOKYO (Reuters) - Honda Motor Co's (7267.T) quarterly earnings handily beat market estimates but it cut its annual profit and global car sales forecasts as it battles with rising costs for raw materials and a crumbling U.S. auto market. Quarterly net
Kamaz agreeing sale of 42% stake to Daimler - Troika Dialog's Vardanyan(Part 2)
MOSCOW. July 25 (Interfax) - Troika Dialog investment group and the management of Russian truck maker Kamaz (RTS: KMAZ) are in talks to sell 42% of Kamaz to Germany's Daimler, Troika Dialog board chairman Ruben Vardanyan said. 'We hope to close the deal
Finns in hurry to get more electric cars
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Honda beats Q1 estimates but sees tougher year ahead
TOKYO (Reuters) - Honda Motor Co's quarterly earnings handily beat market estimates but it cut its annual profit and global car sales forecasts as it battles with rising costs for raw materials and a crumbling U.S. auto market. Quarterly net profit at
Audi CFO sees H2 growth in sales, opg profit yr-on-yr
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CORRECTION Audi says unfavourable forex effects will burden H2 revenues UPDATE
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