The Alliance of Automobile Manufacturers and Tesla have petitioned to permit manufacturers to replace mirrors with digital cameras.» Read More
Toyota says it changed every exterior piece but the roof. But Toyota acknowledges that tastes have changed, and buyers of midsize cars want more style, comfort and performance to go with the reliability. Rivals such as Honda, Ford and Nissan were quicker to recognize the changing midsize market, and have encroached on Toyota's dominance.
*Peugeot targets 2 pct automotive margin for 2018. PARIS, April 14- PSA Peugeot Citroen will nearly halve its product line and focus investment on new technology in an attempt to return to profit, the struggling carmaker's new boss Carlos Tavares said on Monday.
BEIJING— China's growth in auto sales decelerated further in March and local brands lost market share in the face of intense foreign competition, an industry group reported Friday. Sales rose 7.9 percent to 1.7 million vehicles, according to the China Association of Automobile Manufacturers.
SINGAPORE/ BANGKOK, April 10- Indonesia is set to overtake Thailand as Southeast Asia's biggest car market as early as this year, driven by an expanding middle class and growing demand for budget, environmentally friendly vehicles, company executives and analysts said.
YANGON, Myanmar— Mike Shwe Hlaing has a lot full of used SUVs and a potentially huge market to sell them to if Myanmar manages to spread some of the affluence blooming in its biggest city to a poor and still mostly road-less countryside.
*FamilyMart tumbles after earnings report. TOKYO, April 9- Japan's Nikkei share average hit a two-week low on Wednesday morning after Bank of Japan Governor Haruhiko Kuroda's comments the previous day raised doubts over whether the BOJ will ease its policy stance anytime soon, sending the yen higher.
MOSCOW, April 8- Russian car sales were flat in March from a year earlier, a lobby group for the industry said on Tuesday, showing some sign of stabilisation after two months of falls. Car sales have been falling as Russia's economy falters and people delay making large purchases, and they are expected to remain weak this year.
JACKSON, Miss.— Nissan Motor Co. says it has settled an unfair labor practice charge with a pro-union worker at its assembly plant in Canton, Miss.. Wells remains an employee and Nissan spokesman Justin Saia said the company denies wrongdoing.
*China stimulus steps lift construction machinery makers. TOKYO, April 3- Japanese stocks rose to three-week highs on Thursday morning, spurred by gains in construction equipment makers on news China is taking steps to stimulate its economy and on another set of solid data in the United States.
BERLIN, April 2- Volkswagen has joined a rush by Western carmakers to tap fast-growing Southeast Asian markets to take on Japanese rivals in a region where a burgeoning middle class has money to spend.
Ford Motor Co reported a 3 percent rise in U.S. sales; Toyota Motor Corp a 5 percent rise; and Chrysler Group, a unit of Fiat Chrysler Automobiles, a 13 percent increase from a year ago.
*China stimulus hopes, upbeat U.S. data support. TOKYO, March 31- Japanese shares climbed 1 percent to a 2-1/ 2- week high on Monday morning on growing hopes China would offer stimulus measures to bolster its sagging economy, with exporters leading the way on a softer yen.
SHANGHAI, March 30- China's Dongfeng Motor Group Co Ltd reported a better-than-expected 16 percent rise in 2013 profit due to a rebound in sales at its Japanese partners.
DETROIT, March 26- Nissan Motor Co is recalling 1,053,479 vehicles globally, mostly in the United States, to fix software that could deactivate the front passenger airbag.
*Hyundai says to sign deal on Chongqing plant on Thursday. "Considering China's future demand growth outlook, we need to build a new plant to maintain our stable market share of 10 percent in China," Hyundai said in a statement on Wednesday.
PARIS/ TOKYO, March 17- Renault and alliance partner Nissan unveiled plans on Monday to integrate key operations and pursue economies of scale to keep up with big rivals like Volkswagen.
PARIS, March 14- Nissan and Daimler have agreed on plans for a 50-50 Mexican joint venture designed to produce future vehicle models for their Infiniti and Mercedes-Benz brands, a person with knowledge of the matter said on Friday.
*Car companies spend more on research and development. FRANKFURT, March 13- The car industry's international patent filings jumped 18 percent in 2013, the World Intellectual Property Organisation said on Thursday, in part reflecting a push for new technologies to lower exhaust emissions.
PARIS, March 13- Renault was braced on Thursday for a strike at its in-house dealerships that may cause a wobble in the French carmaker's recovery from a long slump in auto demand. Renault vowed to keep all dealerships open throughout the two-day industrial action and serve all customers.
TOKYO, March 12- Big Japanese companies such as Toyota Motor Corp offered the most generous pay raises in years on Wednesday, a victory for the government's efforts to defeat deflation, but workers will still struggle to offset a looming sales tax increase.