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Operating profit in the quarter rose 13 per cent to 122.6 billion yen, beating analysts' estimate of 114.2 billion. Sales rose 10 per cent to 2.47 trillion yen, compared with the analysts' estimate of 2.41 trillion. Nissan forecasts global deliveries
The Hindu Japanese car maker Honda Motors will be launching its multi-utility passenger vehicle (MPV) Mobilio, first showcased at the Auto Expo 2014 in February, in India this July...Subramanium Based on the successful Brio platform, Honda is hopeful
Share More JLR is planning to invest 100 million pounds into a new factory in Saudi Arabia to make 100,000 cars a year to meet the booming demand in the Middle East region. Tata Motors-owned Jaguar Land Rover (JLR) is planning to invest 100 million
The struggling French car maker Peugeot-Citroen ended two centuries of family control yesterday and entered a strategic and financial partnership with the Chinese state-owned Dongfeng Motor Group. The deal, which will be formally announced today,
Industry Minister Ian MacFarlane says the 2500 manufacturing workers at Australia's last car maker must accept cuts to their pay and ''archaic'' conditions or face Toyota's probable exit from Australia. At a meeting with Mr MacFarlane and Trade
Toyota is in a fierce battle with the Australian Manufacturing Workers Union over the attempt to reduce conditions at the plant."...Federal Court Justice Mordy Bromberg will hand down his ruling at 12.30pm in a case between Toyota workers and the car
Daimler AG , the German parent of Mercedes-Benz, would like to expand its cooperation with Tesla Motors Inc , the U.S. electric-car maker, a top Daimler executive said on Thursday. "I told my guys, go back to Tesla and look for other opportunities"
Without taxpayers' help, Elon Musk's electric-car startup wouldn't have rolled this far. Press Tesla Motors will announce its second-quarter results after the stock market closes Wednesday. Since it reported its first modest profit in May, the
Four-cylinder engines back, long summer for autoworkers A 2013 Ford Fusion is shown during the Chicago Auto Show at McCormick Place on February 9, 2012 in Chicago. UPI/Brian Kersey License photo The Detroit Three automakers are scaling back their
News Ltd websites say hundreds of jobs are expected to be axed.