Asian equities were mostly higher on Monday, led by a rally in Chinese markets, on optimism about the health of the world's second-largest economy.» Read More
YOKOHAMA, Japan, July 28- Nissan Motor Co Ltd aims to boost sales and profitability in the United States, its biggest market, an executive said, after Japan's No.2 automaker posted a 14 percent rise in quarterly U.S. sales, closing in on rival Honda Motor Co.. It surpassed Hyundai Motor Co and is closing in on Honda, whose sales fell 0.8 percent during the same period.
YOKOHAMA, Japan, July 28- Nissan Motor Co's operating profit rose a higher-than-expected 13.4 percent in the April-June quarter on improved sales in the United States and China, its two largest markets, following a change in senior management overseeing U.S. operations.
TOKYO— Nissan's quarterly profit rose nearly 37 percent, helped by a favorable exchange rate and healthy sales in North America and China. Nissan's vehicle sales grew in the robust North American market, on solid demand for the Rogue crossover and the Altima sedan, offsetting shaky Japan, where a rise in the consumption tax dampened sales overall.
YOKOHAMA, Japan, July 28- Nissan Motor Co posted a 13.4 percent rise in April-June operating profit from a year earlier as Japan's second-biggest car maker saw improved sales in the United States after it changed senior management overseeing operations there.
FOR SALE: Family Dollar soared after Dollar Tree announced plans to buy the rival discount store for roughly $8.5 billion. Last month, Carl Icahn, who has built up a stake in the company, urged Family Dollar to put itself up for sale. In midday trading, Family Dollar's stock shot up $14.34, or 24 percent, to $75.
TOKYO, July 28- Japan's Nikkei average rose to six-month highs on Monday, and looked poised to test key resistance levels around 15,500 points, on hopes of continued improvement in corporate earnings. 0.5 percent at 15,530.29, its highest level since Jan. 23, reversing early losses that followed Friday's weakness on Wall Street.
NEW YORK— Nissan is recalling more than 226,000 additional vehicles over a defective air bag that has affected much of the global auto industry. Faulty air bags have already been blamed for the recall of millions of cars around the world in recent years, including those made by BMW, Chrysler, Ford, Honda, Mazda and Toyota.
DETROIT, July 26- Nissan Motor Co has expanded by 226,326 vehicles a recall of older models equipped with defective air bags made by Japan's Takata Corp, Nissan said in an amended filing posted Saturday by U.S. safety regulators.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
*Index heavy Fanuc contributes 27 points, or more than a quarter of Nikkei gains. TOKYO, July 25- Japan's Nikkei share average rose on Friday after the S&P 500 set another record closing high and as index heavyweight Fanuc Corp jumped after reporting strong profits.
Before Nissan's first self-driving cars go on sale in 2020, it will launch new technologies that supplement the driver behind the wheel.
Toyota is betting that drivers will embrace hydrogen fuel cells, a technology that runs on the energy created by an electrochemical reaction.
TOKYO, July 17- Nissan Motor Co Chief Executive Carlos Ghosn raised doubts over Japanese Prime Minister Shinzo Abe's call to appoint women to 30 percent of top jobs by 2020, saying rushing to meet such a target could set the firm and its staff up for failure.
TOKYO— Rocket science long dismissed as too impractical and expensive for everyday cars is getting a push into the mainstream by Toyota, the world's top-selling automaker.
DETROIT, July 16- German automaker BMW said on Wednesday it is recalling about 1.6 million cars worldwide to replace passenger-side front air bags made by Takata Corp because the inflators could break apart during deployment and injure passengers.
BMW is recalling 1.6 million 3-series cars from model years 1999-2006 due to a problem involving air bag inflators.
DETROIT/ FRANKFURT, July 16- German automaker BMW said on Wednesday it is recalling about 1.6 million cars worldwide to replace passenger-side front airbags made by Takata Corp because the inflators could break apart during deployment and injure passengers.
Congress begins a five-week summer recess that same day. White House support for the 10- month extension has annoyed some Democrats who are opposed because it would push decisions on long-term funding to a newly elected Congress next year. At the very least, Congress should be keeping people on the job who are already there right now, "Obama said.
In a visit to a government highway research center in Virginia, Obama is expected to tout work on so-called vehicle-to-vehicle and vehicle-to-infrastructure communication technology to improve navigation, according to the White House.
DETROIT, July 12- Incoming Cadillac President Johan de Nysschen- the brand's third boss in two years- faces a daunting task that his predecessors failed to complete: How to reposition General Motors Co's 112- year-old premium brand as a true competitor to BMW and Mercedes-Benz.