Google says it has turned a corner in its pursuit of a car that can drive itself.» Read More
YOKOHAMA, Japan, Feb 10- Japan's Nissan Motor Co beat analyst estimates by reporting its steepest quarterly profit gain in three years as a weaker yen made its export business more profitable and as sales improved in China, its biggest market.
Veterans of the annual World Economic Forum in Davos seized on the wobble as a warning that expectations for a smooth upswing were misplaced, and that recovery would likely be volatile and uneven. "I hear way too much optimism now," Larry Fink, CEO of investment group BlackRock, told the forum.
DAVOS/ LONDON, Jan 24- Top emerging market policymakers moved to allay concerns about their economies on Friday after investors sold off their currencies, raising fears of a broad market rout. "The balance sheet of the government, the banks and households are quite well protected against market volatility," he told a panel at the World Economic Forum in Davos.
TOKYO, Jan 24- Nissan Motor Co and Renault SA will combine their manufacturing and research functions in a move that will save the alliance more than 400 billion yen a year, the Nikkei business daily reported on Friday. Under the planned structure, Nissan and Renault will be able to assemble cars, using shared parts, at the same factories, the Nikkei said.
DETROIT, Jan 14- In an escalation of the auto industry's war of words over future green technologies, a senior Toyota Motor Corp executive singled out Elon Musk and other rival executives on Tuesday and made a bold prediction for its hydrogen car.
*Nissan exec sees U.S. market growing by 1 pct at most in 2014. *To need more capacity in Mexico if Nissan hits sales goals.
Carlos Ghosn, CEO of Nissan Motor welcomes Ben Bernanke's decision and explains Nissan's push into Myanmar.
PARIS, Oct 12- French carmaker Renault, which brought scandal upon itself by falsely accusing executives of spying, had prepared draft statements in case they killed themselves, it emerged on Friday.
Marchionne, who also heads European automakers association ACEA, has repeatedly called for Europe- wide action on closing plants and cutting jobs, but has faced stiff opposition from rival carmakers that are also members of the industry group.
PARIS, Oct 5- French automaker Renault plans to build more than 70 percent of its Clio subcompacts in Turkey, union sources said, in a shift abroad that could inflame tensions with workers and the government, its biggest shareholder.
At last week's Shanghai Auto Show, the GM CEO got an up-close view of the latest trend in the auto business -- cheap cars for developing markets. Oh make no mistake; this is not a trend that Wagoner is just stumbling upon. He's known about it for some time, and in some ways, General Motors is testing out the idea of selling "mini" cars -- with presumably a rather low price point. We'll talk more about that in a bit.