Sunderland and Swindon are major manufacturing towns, so it is puzzling as to why they would choose to leave, says Motley Fool Singapore's David Kuo. » Read More
Mitsubishi Motors Corp. said Wednesday that it will start accepting orders for its eK Wagon minicar models from July 1. The Tokyo- based automaker has acknowledged it had a systematic way of cheating on mileage for the models, including those it supplied to Nissan Motor Co.. Nissan has said it is taking a 34 percent stake in Mitsubishi to help its turnaround,...
Asia markets closed higher on Wednesday, following gains in U.S. and Europe as jitters eased after the Brexit vote spurred a $3 trillion global rout.
Most Asia markets ended higher, holding up better than global peers as a post-Brexit rout wiped out as much as $3 trillion of market capitalization.
Asian markets closed higher on Monday, shrugging off Friday's global selloff sparked by the UK's unexpected vote to leave the EU.
Asian stocks cratered, gold prices surged and the dollar briefly plunged below 100 against the yen on Friday as the Brexit vote rocked markets.
TOKYO— Mitsubishi Motors Corp., which recently acknowledged it inflated mileage on its models, is forecasting a 145 billion yen loss for the fiscal year through March 2017. Tokyo- based Mitsubishi Motors had a systematic way of cheating on mileage for eK minicar models, including those it supplied to Nissan Motor Co.. Nissan has said it is taking a 34 percent stake...
Japanese shares fell on Wednesday, as Asia closed mixed ahead of the upcoming British vote to decide whether to remain in the EU.
Mitsubishi Motors forecast a net loss of 145 billion yen ($1.4 billion) for this business year as it faces hefty compensation costs and falling sales.
Japanese markets on Tuesday reversed early losses of as much as 1.13 percent to trade higher as rest of Asia close mixed.
TOKYO— The Japanese government said Tuesday that Mitsubishi Motors Corp. overstated mileage on its vehicles by up to 16 percent, but stopped short of slapping further penalties on the company. Tokyo- based Mitsubishi Motors acknowledged recently it had systematically inflated mileage for eK minicar models, as well as some other models.
TOKYO— The Japanese government says Mitsubishi Motors Corp. overstated mileage on its vehicles by up to 16 percent. Tokyo- based Mitsubishi Motors acknowledged recently it had systematically inflated mileage for eK minicar models, as well as some other models. Under a special agreement, Mitsubishi had supplied the models to Nissan, which does not make its own...
Asia markets closed higher on Monday, after U.K. polls gave the remain camp a slight edge ahead of the June 23 Brexit referendum.
Asia's markets closed higher on the final day of a volatile week amid easing concerns that the U.K. would vote to exit the EU in its June 23 referendum.
Australia and Japan shares stumbled on Tuesday, amid caution before Fed and BOJ meetings and on uncertainty over the Brexit referendum.
Asian markets tumbled Monday as the region turned risk-off before the Brexit vote and key central bank decisions, with the Nikkei leading drops.
Asia markets stumbled on Friday, as a stronger dollar weighed on commodity prices, while Japan's benchmark government bond yield hit a record low.
Asia markets were mostly lower on Thursday, as a weaker dollar weighed the Nikkei and South Korean stocks failed to get a boost from a surprise rate cut.
CNBC's No. 1 disruptor has set its sights on another lucrative niche in the auto market that technology left behind: auto finance.
Asian markets closed mixed Monday, with Japan shares falling, as a disappointing U.S. jobs report weakened the dollar and boosted regional currencies.
Despite the weak data, the U.S. auto industry looks set to remain on course for another record year in 2016, analysts and economists said.