The key to understanding Apple's 2014 strategy is its cohesive cross-device operating ecosystem that is driving sales and product development. Jason Stein, of Laundry Service, shares his predictions.» Read More
DETROIT, Dec 4- Mitsubishi Motors Corp has cut the price of its i-MiEV subcompact electric car in the United States by 20 percent for the 2014 model year, joining the parade of automakers who have lowered EV prices to boost demand.
Nov 20- Short-seller Citron Research questioned voxeljet AG's quarterly results, saying the Germany- based 3 D printer maker provided loans to customers to generate sales and avoid posting a loss in its first results as a public company. Voxeljet makes large 3 D printers for prototyping and counts Daimler AG, Ford Motor Co and 3 M Co as customers.
Nov 20- Short-seller Citron Research questioned voxeljet AG's quarterly results, saying the Germany- based 3 D printer maker provided loans to customers to generate sales and avoid posting a loss in its first results as a public company. Shares of Voxeljet, which went public in a rousing debut last month, plunged as much as 23 percent Wednesday afternoon.
BEIJING Nov 19- Daimler AG's agreement to buy a stake in Beijing Automotive Group's passenger car unit is part of a strategy to revive its operations in China, where the luxury car maker has fallen behind its German rivals and fallen out with its dealers.
AGUASCALIENTES, Mexico, Nov 12- Japan's Nissan Motor Co Ltd will be producing 1 million cars in Mexico by 2016, cementing Mexico's position as export hub for Nissan in the Americas, Chief Executive Carlos Ghosn told Reuters on Tuesday as he inaugurated a $2 billion plant.
YOKOHAMA, Japan, Nov 11- Nissan Motor Co Ltd will start selling Infiniti badged cars in Japan for the first time, the company said, as it tries to position the second-tier luxury brand as a global competitor to prestige European cars.
Oct 31- Audio equipment maker Harman International Industries Inc reported quarterly results that beat analysts' estimates, helped by higher demand from luxury carmakers such as Daimler AG, Ferrari and Volkswagen. Both Daimler and Volkswagen reported strong quarterly results due to demand for their premium brands such as Mercedes, Audi and Porsche.
Oct 31- Harman International Industries Inc reported a 17 percent rise in quarterly revenue as demand rose for its audio equipment from luxury carmakers such as Daimler AG, Ferrari and Volkswagen's Audi. Revenue rose to $1.17 billion in the first quarter ended Sept. 30, from $998 million a year earlier.
DETROIT, Oct 20- The Mexican auto industry is about to go on a $10 billion factory building spree, illustrating the nation's rising economic challenge to rivals from the United States to China.
Oct 17- Shares of Voxeljet AG, a German maker of commercial 3 D printers that created Aston Martin copies for a James Bond film, doubled in their market debut as investors sought shares in an industry out to change the way products are designed and made.
German opposition parties on Tuesday accused Angela Merkel of pandering to the car lobby, after her party received major donations from the family that controls BMW.
WASHINGTON, Oct 15- A majority of U.S. Supreme Court justices raised doubts on Tuesday over whether Daimler AG can be sued in federal court for allegations that a subsidiary violated the human rights of workers at a plant in Argentina in the 1970 s.
DETROIT, Oct 10- Volkswagen AG's top executives are divided over whether and how workers at the company's Tennessee assembly plant should be represented by a union, but ultimately will insist on a formal vote by those employees, a person with knowledge of the board's thinking said.
DETROIT, Oct 10- When General Motors Co Vice Chairman Steve Girsky slid into a Cadillac SRX luxury crossover vehicle specially equipped to drive itself, his reaction echoed that of many consumers as more self-driving technologies are rolled out.
Oct 2- In Wall Street's retelling of the biblical Book of Samuel, General Motors Co is Goliath and electric car maker Tesla Motors Inc is David, the would-be giant slayer. Tesla's market value has soared 470 percent this year to $23 billion, while GM has risen a relatively modest 25 percent to $50 billion.
DETROIT, Sept 27- Cadillac, Mercedes-Benz, Volvo and Subaru earned the highest marks in a new front crash avoidance test program developed for the U.S. insurance industry.
Sept 26- Japan's Toray Industries Inc, maker of advanced fibers used in Boeing Co's 787 Dreamliner jet, will buy U.S.-based Zoltek Companies Inc in a move to tap into the lower end of the growing global market for carbon fibers.
Sept 26- Shares of Covisint Corp jumped 36 percent to $13.57 in their market debut, valuing the cloud-based supply chain software provider, at about $494 million. The company, controlled by business software maker Compuware Corp, raised about $64 million after selling 6.4 million shares at $10 each- the mid-point of its expected price range.
Tesla Motors is working to produce a car capable of running on "auto-pilot" within the next three years, CEO Elon Musk said.
European car sales fell 4.9 percent last month, the Association of European Carmakers said on Tuesday, as PSA Peugeot Citroen lost more ground to rivals.