Car companies are resorting to tactics that some experts warn will lead to trouble down the road.» Read More
MUMBAI, Oct 3- Maruti Suzuki, India's largest carmaker, has increased its vehicle prices by 2,400 rupees to 5,200 rupees across its entire range, a source at the carmaker said, due to a strong yen and rising input costs.
*Fast Retailing strong on report sales to reach 1 trln yen. TOKYO, Oct 3- Japan's Nikkei average fell to a three-week closing low on Wednesday as investors remained cautious ahead of a serious of key events this week, including policy meetings by the European Central Bank and the Bank of Japan and U.S. jobs data.
*The parent company of T-Mobile USA, the struggling cellphone service provider, is in talks to buy MetroPCS Communications Inc as it fights to compete against two bigger rivals.
Monex Group Inc rose 2.4 percent to 12,790 yen after Deutsche Securities said it expected the holding company to break even in the three months ended September, after profit from mergers and acquisitions offsets the company's weak U.S. business.
Japan Petroleum Exploration Co Ltd climbed 4.4 percent to 3,350 yen, a five-month high, after Kyodo news agency said the company had found shale oil in Akita prefecture in northern Japan, making it the first company to begin extraction of shale domestically. **TOYOTA, HONDA RISE AFTER STRONG SEPT SALES in U.S.
*Fast Retailing strong, sales to reach 1 trln-Nikkei. TOKYO, Oct 3- Japan's Nikkei share average was little changed in early Wednesday trade as gains for index heavyweights such as Fast Retailing Co.
Toyota Motor Corp advanced 1.5 percent to 3,040 yen and Honda Motor Co gained 0.6 percent to 2,399 yen after they posted strong sales in the United States in September. Toyota reported a 41.5 percent jump year-on-year last month, while Honda logged a 30.9 percent increase.
TOKYO, Oct 3- Japan's Nikkei share average is likely to slip on Wednesday amid uncertainty over whether Spain will soon ask for a bailout and concerns about flagging global growth, and as investors await big events later in the week.
STRONG SEPTEMBER: U.S. auto sales rose 13 percent to nearly 1.2 million in September. Toyota, Honda and Volkswagen saw the biggest increases.
*GM, Ford see soft truck sales; Toyota up 41.5 pct. DETROIT, Oct 2- U.S. auto sales last month posted their best showing in 4-1/ 2 years, helped by cheap financing, rising consumer confidence and a major rebound by Toyota Motor Corp.
Oct 2- U.S. auto sales hit their highest monthly level since March 2008, at 14.94 million new vehicles sold on a seasonally adjusted annualized basis, consultant Autodata Corp said on Tuesday. Autodata said September sales rose 13 percent to 1,188,865 new vehicles.
*Toyota Canada sales rise 21.9 pct, Honda stronger* Ford Canada sales down 8 pct, Chrysler up 2 pct* Ford retains top sales position* GM sales rise 12 pct.
DETROIT-- Americans found plenty of reasons to buy new cars in September, making auto sales a bright spot in the economy for yet another month. Sales rose for most carmakers, led by big gains at Toyota, Honda and Volkswagen. Gas prices have jumped 14 percent since July 1, and hit $3.79 per gallon at the end of September, a record for that time of year.
Oct 2- Automakers reported a 13 percent U.S. sales increase in September from a year earlier with a seasonally adjusted annualized rate of sales reaching 14.96 million vehicles.
Oct 2- U.S. auto sales hit their highest monthly level since February 2008, at 14.96 million new vehicles sold on a seasonally adjusted annualized basis, consultant Autodata Corp said on Tuesday. Autodata said September sales rose 13 percent to 1,190,289 new vehicles.
Oct 2- The following are the 20 top-selling vehicles in the U.S. in September 2012 as reported by the automakers and ranked by total units. Top 20 selling vehicles in U.S. in September.
TORRANCE, Calif.-- Honda said Tuesday its September U.S. sales jumped 31 percent, boosted by strong demand for its Acura luxury vehicles. BY THE NUMBERS: Honda sold a total of 117,211 vehicles last month, up from 89,532 in the same month last year. TOP SELLER: Sales of the Accord sedan rose 57 percent to 29,182 from 18,639 in September 2011.
*Toyota, Honda see large sales gains. DETROIT, Oct 2- U.S. auto sales for September looked set to jump about 13 percent from a year ago, beating analyst estimates because of cheap financing, stronger consumer sentiment and rebounding sales from foreign automakers including Toyota Motor Corp.
*American Honda-reported September 2012 U.S. an increase of 30.9 pct. *American Honda-Honda Division posted September 2012 sales of 102,845.
--Group 1 Automotive Inc.' s credit measures, in our opinion, have the potential for continued modest improvement in the year ahead. --We are revising our' BB' rating outlook on Group 1 to positive from stable. Rating Action On Oct. 2, 2012, Standard& Poor's Ratings Services revised its rating outlook on Houston- based automotive retailer Group 1 Automotive Inc..