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News watch October 2012: today's industry news
Wed, 31 Oct 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hou Wednesday 31 October 2012• It's emerged GM's European 2012 earnings are down nearly half a billion dollars in Europe, where it now expects to lose $1.5bn to $1.8bn before interest and taxes for the full year (DetNews)• Ford has posted a third-quarter net profit of $1.63bn (£101bn) - almost matching its eventual profit total for the entire year 2011. Despite painful losses in Europe (Ford expects to lose $1bn in Europe alone this year) a resurgent North American market has buoyed Fords sales even higher than previous forecasts (Automotive News Europe)• Fiat CEO Sergio Marchionne has weighed in against Republican presedential nominee Mitt Romney, who argued that a move towards Chinese production would harm American jobs.
Hyundai lures Toyota's Michael O'Brien to head U.S. product planning
Tue, 29 Jun 2010Hyundai named Michael O'Brien vice president of product and corporate planning--an influential position that has been vacant since John Krafcik became CEO in late 2008, the company announced on Tuesday. O'Brien, 55, spent the last 14 years at Toyota Motor Corp.'s U.S. sales division as a manager within the corporate planning division.
Having a baby in our Jaguar S-type
Tue, 08 Jun 2010Those of us that are fathers or expectant fathers, and also like driving must have occasionally daydreamed about what would happen if their wife suddenly went into labour at home and things progress rather more quickly than the oh-so-reassuring leaflets the NHS give out. Resulting in a truly heroic drive to the hospital, arriving, against all odds, just before the baby is born – to the admiration of all concerned. Including Plod, who naturally failed to keep up with you as you went through traffic lights, right angle bends and narrow country lanes at the speed of light….