4.2 Stainless Steel Shorty Header Exhaust Manifold 97-04 Ford F150/lobo V6 Truck on 2040-parts.com
Rowland Heights, California, United States
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GM profits surge to $3.2 billion in first quarter
Thu, 05 May 2011General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.
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.
Driven: Hyundai i40
Tue, 16 Aug 2011CDN recently spent a day sampling Hyundai’s new i40 Tourer, which has just been launched in Europe. For the launch, Hyundai invited us to Waddesdon Manor, the home of the Rothschild banking family and a venue that has been used for previous Louis Vuitton events. It has recently added a new art gallery with fabulous views across rolling countryside, and contains work by Anish Kapoor, Michael Craig-Martin and bronzes by Angus Fairhurst.