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Automakers scramble to assess damage from China blastsGlobal automakers including Volkswagen and Toyota Motor Corp scrambled on Friday to assess damage to cars and facilities after two massive explosions in the port city of Tianjin, China's largest auto import hub. More… |
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Tofas halts production after labour actionTurkish automaker Tofas said on Monday it halted production at its plant in the northwestern city of Bursa as employees joined a labour protest, adding the stoppage was not expected to have an impact on its sales. Workers at Tofas More… |
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Jaguar unveils $2.4bn investment planBritish luxury automaker Jaguar unveiled a $2.4 billion investment in a new range of lightweight aluminium sports and cross-over cars aimed at the mass market, a plan it said would create 1,700 jobs in the UK. More… |
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Nissan to recall 841,000 vehiclesNissan Motor Company will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch, Japan's No.2 automaker said More… |
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Automakers rev up new model rollout in USMajor automakers will launch new models through 2016 in the United States at a faster pace than in the last two decades, according to a Bank of America Merrill Lynch report. New models draw more traffic to sh More… |
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GM regains crown as top-selling automakerGeneral Motors Co regained its title as the world's top-selling automaker from Japanese rival Toyota Motor Corp in 2011. GM, bouncing back from bankruptcy only less than three years ago, said on Thursday it had sold 9.026 million More… |
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Toyota targets 20pc jump in sales next yearToyota Motor Corp forecast on Thursday a 20 percent jump in global sales to a record 8.48 million vehicles next year as it claws back from this year's output losses caused by natural disasters in Japan and Thailand. Toyota overtook G More… |
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GM profit doubles on stronger pricingGeneral Motors Co's quarterly profit nearly doubled, beating expectations, as the top USautomaker took a larger share of sales globally and raised prices on its vehicles. Coming out of bankruptcy, GM chief executive Dan Akerson and oth More… |
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GM profit doubles on stronger pricingGeneral Motors Co's quarterly profit nearly doubled, beating expectations, as the top US automaker took a larger share of sales globally and raised prices on its vehicles. Coming out of bankruptcy, GM chief executive Dan Akerson and ot More… |
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Toyota posts big Q1 operating lossToyota Motor Corp reported its first quarterly loss in two years on Tuesday as Japan's biggest earthquake on record hammered production and the yen's rise hit profits on exports. It raised its annual forecast. The supply const More… |
