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The U.S. economy remains very fragile and the President Obama still needs help in several economic sectors, including automotive. Today is the turn of the manufacturer Ford to receive loan guarantees from the U.S. government. Thus, Ford will proceed to conclude a secured loans up to $ 250 million. The whole purpose to export more than 200,000 additional vehicles on Canadian and Mexican auto
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Magna International (TSX: MG) has displayed Friday a profit increase of more than seven per cent for the first quarter, the manufacturer of auto parts has managed to increase its sales despite the general slowdown in the industry. Ontario company has reported a net profit attributable to shareholders of U.S. $ 369 million, or $ 1.57 per share, compared to that of U.S. $ 343 million, or U.S. $
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In 2012, the Renault 5 celebrates its 40 years. The festivities start of this month with the inclusion of three Renault Renault 5 Alpine at the historic Monte Carlo. Adequately prepared for the rally, they will be led by Jean Ragnotti Alain Serpaggi'' and'' Manu Guigou. The departure of the 3 "Skateboard" will be Monday, January 30 in Reims. In 2012, Renault festival 40 years of his Renault 5.
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