Gentex has posted net income for the third quarter of 2014 up 30% to US$72m, compared with net income of US$56m in the third quarter of 2013.3.
If I had to think of one adjective to describe this week’s autobiz news, ‘interesting’ is as good a fit as any. Bit of this, bit of that.
Ford Motor Company on Friday (24 October) reported 2014 third quarter pre-tax profit down $1.4bn year on year to $1.2bn though it was nonetheless the automaker’s 21st consecutive profitable quarter.
It’s as if the Cold War never went away.
Making use of its new 9,600 units a year quota limit for additional IPI excise tax exemption, Honda is, for the first time, importing the Civic Si 2-door coupe version – from Canada.
US aluminium company Novelis is ramping up production at its new automotive aluminium sheet plant in Changzhou, in China’s Jiangsu province, to meet growing demand from the country’s automakers.
In the latest development in the Takata airbag saga, Nissan Motor said it is recalling 260,000 vehicles globally due to a defect in driver-side air bags made by the supplier.
Last week saw Scandinavian automotive supplier body FKG’s Annual Forum in Gothenburg, bringing together more than 400 component producers, politicians and union leaders. Just-auto was there and here is a quote snapshot of what is always a fascinating and lively conference organised by the tireless FKG.
Former Ford PR chief Jason Vines, a key lieutenant of CEO Jacques Nasser at the time, says the company bugged his telephone during the company’s 2001 Firestone tyre crisis.
Production of the redesigned Mazda 2 (Demio in Japan) has started at the automaker’s new plant in Mexico.
Mazda UK plans on completing installations of the brand’s new visual identity at 80% of its 136 outlets by next March.
FCA has added a new model for the Mexican market’s 2015 model year: the RAM 700.