Amid a revival in sales of Japanese goods in China and talk of renewed investment, a dusty industrial park near Nanjing offers a cold reality check.» Read More
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..
NAGOYA, Japan/ TOKYO, Aug 24- When a Japanese carmaker issued a tender for shock absorbers a few years ago for a model it planned to sell in Indonesia, two suppliers came back with bids that were "so obviously coordinated," said an executive at the automaker.
Two popular cars were once again on the top of the National Insurance Crime Bureau's list of most stolen vehicles.
Asian indices traded higher on Friday but trading remained light as investors await possible clues about interest rates at the Jackson Hole Symposium.
DETROIT, Aug 21- General Motors Co's premium Cadillac group is considering expanding its offices from Detroit to Manhattan, GM said Thursday, as part of an effort to remake the brand's image and broaden its appeal outside North America under new boss Johan de Nysschen.
Asian stocks traded mixed on Thursday, with Chinese shares significantly lower after a lower-than-expected preliminary reading of mainland manufacturing activity.
Analysts' opinions vary greatly over how much influence electric vehicles will have on drivers and automakers.
According to Bob Lutz, most vehicles will be nondescript people carriers that are self-driving.
Apple and Google are facing off in a battle over the ultimate mobile device—your car.
Most Asian equities traded higher on the last trading day of the week, taking cues from a firm finish on Wall Street overnight.
TOKYO, Aug 7- Japan's Nikkei share average edged down on Thursday morning in choppy trade, extending its declines into a sixth day as the strong yen dragged down exporters, while rising tensions in Ukraine dulled risk appetite.
NEW YORK/ LAS VEGAS, Aug 5- Chrysler and Nissan said they are reviewing a report by well-known cyber security experts that rates their vehicles among the three "most hackable" cars on the market, along with a General Motors model.
Among the major automakers, only Ford Motor Co and Toyota Motor Corp beat analysts' estimates. Honda Motor Co said July sales tumbled 8 percent to 135,908. It was the only one of the top car companies to cut incentives from June to July, with per-vehicle discounts averaging $1,754, according to research firm J.D. Power.
Gains in U.S. auto sales have been stronger than the overall economy since the recession.
DETROIT, Aug 1- U.S. auto sales growth slowed a bit in July, with healthy gains from some manufacturers falling short of expectations, according to early returns from the major carmakers on Friday. Ford Motor Co reported a gain of 10 percent to 212,236 vehicles, slightly beating the analysts' average estimate of 9 percent.
DETROIT, Aug 1- U.S. auto sales look set to show healthy gains for July, but not as much as expected, according to early returns from the major carmakers on Friday.
*Subaru maker Fuji Heavy's operating profit margin at 13 pct. TOKYO, July 31- Japanese automakers Mazda Motor Corp and Fuji Heavy Industries Ltd, which makes Subaru cars, said they are on track for record full-year profits after strong sales in the United States powered double-digit profit growth in April-June.
DETROIT, July 30- The General Motors Co Chevrolet Volt was the only one of a dozen small cars tested by the Insurance Institute for Highway Safety to earn a "Top Safety Pick+" award, the IIHS said in a statement on Wednesday.
Crash tests involving two popular electric cars show the batteries in those vehicles hold up with no major issues after violent collisions.
The majority of Americans are ready to hand over control to self-driving vehicles—so long as they're able to maintain a bit of control.