Auto & Truck Manufacturers

Ford Motor Co reaffirms FY 2014 and FY 2015 pre-tax profit guidance

Ford Motor Co:Says that its FY 2014 outlook for company pre-tax profit is unchanged at about $6 billion, excluding special items, as it continues its aggressive implementation of its One Ford plan.Expects FY 2015 pre-tax profit of $8.5 - $9.5 billion.FY 2014 pre-tax profit of $6.273 billion and FY...

Friday, 24 Oct 2014 07:03am EDT

Arctic Cat Inc lowers FY 2015 outlook

Arctic Cat Inc:Now expects FY 2015 sales in the range of $745 to $755 million.FY 2015 net earnings of $1.55 to $1.65 per diluted share includes an executive severance charge of $0.08 per diluted share recorded in the first quarter, warranty expense charge of $0.26 per diluted share.Excluding...

Thursday, 23 Oct 2014 06:30am EDT

Mitsubishi Motors revises mid-year consolidated outlook for FY 2015

Mitsubishi Motors Corp:Mid-year consolidated outlook for revenue of 1,035,100 mln yen lowered from 1,090,000 mln yen, for fiscal year ending March 2015.Mid-year operating profit outlook of 62,700 mln yen raised from 55,000 mln yen.Mid-year ordinary profit outlook of 73,600 mln yen raised from 56,000...

Wednesday, 22 Oct 2014 02:00am EDT

Hero Motocorp to expand in India, set foot in Bangladesh, Colombia - Live Mint

Hero Motocorp Ltd:Says it has outlined an investment of 50 bln india rupee to set up manufacturing plants in Colombia and Bangladesh overseas and in Gujarat and Andhra Pradesh.Also Research and design centre in Rajasthan.Says expansion is in line with the company’s plan to surpass 100 mln units in...

Sunday, 19 Oct 2014 08:00pm EDT

Tan Chong Motor Holdings Bhd announces establishment of commercial papers (CP) programme and medium term notes (MTN) Programme

Tan Chong Motor Holdings Bhd:Receives approval from Securities Commission Malaysia for establishment of CP/MTN Programmes.CP Programme and MTN Programme will have tenures of up to 7 years and up to 20 years respectively from date of first issuance from each of respective programmes.Commercial...

Sunday, 19 Oct 2014 08:00pm EDT

Volkswagen AG's joint venture to recall cars in China-Business Standard

Volkswagen AG:Volkswagen's Chinese joint venture will recall more cars in China due to a defect in the rear axles, state media said-Business Standard.The German automaker will recall a total of 581,090 cars, the official Xinhua news agency said.

Saturday, 18 Oct 2014 08:16am EDT

General Motors announces $12.5 billion revolving credit facility

General Motors Co:Announced execution of unsecured $12.5 billion revolving credit facility.Facility consisting of $5 billion three-year facility and $7.5 billion five-year facility.Facility amends and extends existing $11 billion credit facility.

Friday, 17 Oct 2014 04:30pm EDT

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