Nissan Motor Co Ltd
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Where an automaker might take years to find ways to boost performance of a new engine sold through its showrooms, it may achieve the same results in days to be competitive.
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Where an automaker might take years to find ways to boost performance of a new engine sold through its showrooms, it may achieve the same results in days to be competitive.
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TOKYO, May 24- Mitsubishi Motors Corp, the Japanese maker of Triton pickups, the Outlander Sport SUV and iMiEV electric car, wants shareholders to approve a capital reorganisation to clear more than $9 billion of accumulated losses, and pave the way for the resumption of dividends after a 15- year gap.
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Whether or not the industry ends May with the best monthly sales rate since January depends largely on whether or not dealers enjoy strong business Memorial Day Weekend.
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DETROIT, May 23- U.S. auto sales in May are expected to rise 6 percent to 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday.
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DETROIT, May 23- U.S. auto sales in May are expected to rise about 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday.
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*China data heaps pressure on indexes at 5- yr highs. *Halfords wilts in wake of dividend cut. Federal Reserve could soon taper its stimulus programme and compounded by weak economic data from China.
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The problem for Korea had seemed obvious: the won has climbed by a third against the Japanese currency, in theory allowing Japanese companies to undercut Korean competitors and carry home more yen.
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TOKYO, May 23- Nissan Motor Co Ltd will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch, Japan's No.2 automaker said on Thursday.
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May 23- South Korea's economic problems aren't made in Japan. Investors convinced that Japan's weakening yen will help its companies claw global market-share back from Korean competitors have bought almost $75 billion worth of Japanese stocks so far this year.
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DETROIT-- General Motors Co. says the Spark EV subcompact will be among the lowest-priced electric cars in the U.S. The electric Spark will have a starting price of $27,495 when it goes on sale next month in California and Oregon. Nissan also offers a $199- per-month lease for three years with $1,999 down.
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The company became the first automaker to repay money borrowed under the Advanced Technology Vehicle Manufacturing program.
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The man who once called global warming a "crock of you know what" now wants to buy an electric car company, reports CNBC's Phil LeBeau.
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CNBC's Phil LeBeau reports that former GM chair Bob Lutz is teaming up with a Chinese firm to bid for Fisker Automotive, among other auto news.
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The Detroit automakers are largely forgoing the traditional two-week summer break and speeding up production to meet buyers' growing demand for new cars and trucks.
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Some green-minded U.S. motorist helped the nascent battery car market reach a critical milestone this past weekend, purchasing the 100,000th plug-based vehicle.
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CAPE TOWN, May 21- Ten striking South African miners were taken to hospital on Tuesday after being hit by rubber bullets, police said, as labour strife swells in mines and factories ahead of mid-year pay negotiations.
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CAPE TOWN, May 21- A two-day wildcat strike at a Mercedes Benz plant in South Africa ended on Tuesday but industrial union NUMSA demanded a hefty pay hike for the sector, raising the prospect of labour unrest in factories alongside turmoil in the mines.
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Caution prevailed in Asian trade on Tuesday as investors grow concerned about the duration of global monetary stimulus ahead of Federal Reserve chief Ben Bernanke's testimony to the U.S Senate.
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TOKYO, May 21- Signs are that most firms in export-driven Japan Inc, having got the weaker yen they craved, now want the currency to either stabilise or recover ground, rather than continue a slide that will increasingly raise their costs.
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LOS ANGELES, May 20- In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered metallic blue Hummer loaned to him by General Motors Corp..