Thousands of tiny shops in India's biggest auto components market do brisk business selling car parts for about a third of the official price.» Read More
One pro thinks Tesla is overvalued, but another thinks the stock will continue to move higher.
Select Japanese and European equities hold the greatest potential right now, Morningstar's Fund Manager of the Decade David Herro says.
August auto sales were the highest for that month in more than a decade, with the industry selling at an annualized pace not seen since early 2006.
TORONTO, Sept 3- Ford Motor Co of Canada Ltd said on Wednesday that it was the country's top seller of new vehicles in the month of August, as sturdy truck demand helped it maintain leadership for a fifth consecutive month. Truck sales rose 33.3 percent, to 24,302 vehicles, while car sales dropped 31.8 percent to 2,523, said Chrysler, a unit of Fiat SpA.
GM held on to the top spot, while Toyota Motor Corp edged Ford Motor Co for the second straight month. The lowest gasoline prices in four years helped GM and Chrysler Group, a unit of Fiat SpA, achieve double-digit gains in sales of full-size pickups, which provide the bulk of profit.
TORONTO, Sept 3- Ford Motor Co of Canada Ltd said on Wednesday that it was the country's top seller of new vehicles in the month of August, as sturdy truck demand helped it maintain leadership for a fifth consecutive month. Honda Canada reported a 44 percent jump in August sales of its Honda and Acura brands, to 13,663 vehicles.
DETROIT, Sept 3- Chrysler Group, a unit of Fiat SpA, handily beat analysts' expectations by showing a 20 percent gain in U.S. auto sales for August, and forecast a stronger-than-expected month for the full industry. Nissan Motor Co also beat expectations, showing a sales gain of 11.5 percent to 134,388 vehicles.
*Modi takes veiled swipe at China. TOKYO, Sept 1- Japan and India agreed on Monday to strengthen defence ties as Asia's second and third biggest economies keep a wary eye on a rising China, with India's Prime Minister Narendra Modi lashing out at the "expansionism" of some nations.
*Modi takes veiled swipe at China. TOKYO, Sept 1- Japan and India agreed on Monday to strengthen strategic ties as Asia's second and third biggest economies keep a wary eye on a rising China, and said they would accelerate talks on the possible sale of an amphibious aircraft to India's navy.
TOKYO, Sept 1- Japanese Prime Minister Shinzo Abe will tell his Indian counterpart Narendra Modi at a summit on Monday that Japan aims to double its direct investment in India in five years from some $2 billion last year, the Nikkei business daily reported.
More than 30,000 Americans are killed in highway crashes each year, but experts believe that death toll could sink to zero.
DETROIT, Aug 29- U.S. auto industry sales in August will be about even with a year ago, not quite ending the summer in a sizzling fashion but still warm enough to continue the recovery from a recession now five years in the rear-view mirror.
TOKYO, Aug 29- Japan's Nikkei share average fell on Friday morning as tensions in the Ukraine conflict flared up again, but hopes that domestic investors would start buying up large-cap stocks limited the losses. Toyota Motor Corp gained 0.5 percent, Honda Motor Co added 0.4 percent and Sony Corp rose 0.6 percent.
TOKYO, Aug 28- Honda Motor Co is recalling about 63,200 vehicles due to a defect in driver-side air bags made by Takata Corp, the latest in a series of air bag recalls across the industry that have affected nearly 16 million vehicles to date.
Asian stock markets declined on Thursday in a quiet session amid a lack of catalysts.
TOKYO, Aug 28- Honda Motor Co is recalling about 63,200 vehicles globally due to a defect in driver-side air bags made by Takata Corp, the Japanese automaker said on Thursday. Honda is recalling certain CR-V, Civic, Brio and Amaze, models from 2012-2015, mostly in China and other Asian countries.
*Otsuka Holdings jumps on mid-term plan. TOKYO, Aug 27- Japan's Nikkei share average edged up on Wednesday morning after U.S. shares extended their gains, while investors turned to to individual shares such as Kawasaki Kisen Kaisha, after a report it would double its return on equity in the mid-term.
For the second-straight year, satisfaction with the auto industry is down, according to the latest ACSI report.
It listed the automakers fined as the local unit of Honda Motor Co, Toyota Motor Co, Volkswagen AG and its unit Skoda Auto, BMW AG, Daimler AG's Mercedes-Benz, Fiat SpA, Ford Motor Co, General Motors Co and Nissan Motor Co.. The other Indian carmakers fined were Maruti Suzuki Ltd, Hindustan Motors Ltd and Mahindra& Mahindra Ltd..
TOKYO, Aug 26- Japan's Nikkei share average fell on Tuesday in thin trade as profit-taking accelerated in late trade after the weak yen trend paused, taking a toll on exporters and index-heavyweight stocks such as Honda Motor Co and SoftBank Corp. The Nikkei shed 0.6 percent to 15,521.22.