GERMANY: Conti's powertrain unit 'heading for break-even' in 2010
Continental believes its troubled powertrain division could be profitable this year, one year earlier than originally forecast, finance chief Wolfgang Schaefer said.
UK: North East looks for suitable quick charging locations
Authorities in North East England are seeking suitable locations for 12 quick chargers as part of plans to install 1,300 charging points by 2013.
US: Dana reports strong Q2
Dana Holdings net income for the second quarter of 2010 was US$9m compared to break-even a year ago.
FRANCE: Renault reports 23% rise in first half revenues
The Renault group said today (30 July) it had posted significant improvements in earnings and sales for the first half of the year: revenues totaled EUR19.668bn (US$25.6bn), up 23.1% on the first half of 2009, while worldwide sales grew 21.7% and the group's share of the global passenger car and LCV market reached 3.8%, an increase of 0.15% year on year.
US: Dana rebounds to first quarter profit
Dana Holding has posted quarterly net income of US$9m compared to break-even net income one year ago
US: Goodyear posts healthy Q2 improvement
Goodyear has reported increased second quarter sales up 15% compared to last year, with tyre performance improving across all four of the company's business segments.
JAPAN: Honda Q1 operating profit soars
Honda Motor on Friday said operating income for its fiscal first quarter ended 30 June, 2010, had risen 831.7% to JPY234.4bn.
US: Toyota recalls 39,000 Lexus LX 470 models
In its second recall announced today (29 July), Toyota Motor Sales (TMS) says Lexus is to voluntary recall around 39,000 2003-2007 Model Year LX 470 vehicles to address a steering shaft condition.
JAPAN: Hyundai doubles first half net profit
Hyundai Motor Company sold 1,764,254 units of which domestic & exports were 855,140 units and overseas plants, 909,114 units, worldwide in the first half of this year, a 27% increase from a year earlier.
US: Visteon moves step closer to reorganisation
Visteon Corporation has had the green light for the company's fourth amended plan of reorganisation from a steering committee of the company's term loan lenders and the agent for the company's term loan facility.