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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.
DANYANG, China, Sept 12- Amid a revival in sales of Japanese goods in China and talk of renewed investment from some big firms such as Toyota, a dusty industrial park near Nanjing offers a cold reality check on the health of ties between Asia's two biggest economies.
Asian indices traded mixed on Thursday, overlooking a positive handover from Wall Street.
Asian stock markets were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival.
DETROIT, Sept 5- A group of companies, including several large automakers, have joined a public-private research initiative to lay the groundwork for a system that wirelessly connects vehicles and helps smooth the flow of traffic, the University on Michigan said on Friday.
Trading in Asia was cautious on Thursday with central bank decisions in Japan and Europe in focus.
U.S. stocks closed mixed on Wednesday, coming off morning highs amid economic reports and central bank news.
August auto sales were the highest for that month in more than a decade, with the industry selling at an annualized pace not seen since early 2006.
GM held on to the top spot, while Toyota Motor Corp edged Ford Motor Co for the second straight month. The lowest gasoline prices in four years helped GM and Chrysler Group, a unit of Fiat SpA, achieve double-digit gains in sales of full-size pickups, which provide the bulk of profit.
General Motors Co narrowly missed expectations, but held on to the top spot, while Toyota Motor Corp edged Ford Motor Co for the second straight month. The lowest gasoline prices in four years helped GM and Chrysler Group, a unit of Fiat SpA, achieve double-digit gains in sales of full-size pickups, which provide the bulk of profit.
NEW YORK, Sept 3- U.S. stocks rose on Wednesday, with the S&P 500 touching a new record high on optimism a resolution would be reached between Ukraine and Russia and data showing manufacturing activity continues to strengthen.
WASHINGTON, Sept 3- New orders for U.S. factory goods jumped in July and automobile sales in August were unexpectedly strong, offering further signs of strength in the manufacturing sector. The Commerce Department said on Wednesday new orders for manufactured goods increased a record 10.5 percent on robust demand for transportation equipment.
August auto sales were unexpectedly strong, led by Ford Motor Co, Chrysler Group and Nissan Motor Co, which easily beat analysts' estimates as the industry is seen reaching volumes not seen since before the recession. Ford sales were up 0.4 percent, while Chrysler, a unit of Fiat SpA, showed a 20 percent gain, the automakers reported on Wednesday.
DETROIT, Sept 3- Chrysler Group, a unit of Fiat SpA, handily beat analysts' expectations by showing a 20 percent gain in U.S. auto sales for August, and forecast a stronger-than-expected month for the full industry. Nissan Motor Co also beat expectations, showing a sales gain of 11.5 percent to 134,388 vehicles.
More than 30,000 Americans are killed in highway crashes each year, but experts believe that death toll could sink to zero.
DETROIT, Aug 29- U.S. auto industry sales in August will be about even with a year ago, not quite ending the summer in a sizzling fashion but still warm enough to continue the recovery from a recession now five years in the rear-view mirror.
Asian stock markets declined on Thursday in a quiet session amid a lack of catalysts.
TOKYO, Aug 28- Tokyo stocks fell on Thursday morning as concerns about Japan's economic recovery pushed investors to the sidelines as they waited for another batch of key data on Friday.
DETROIT, Aug 26- The Chrysler Group's Ram 1500 EcoDiesel was named the top full-size pickup truck in the U.S. market and Toyota's Highlander the top mid-size SUV by Consumer Reports, the magazine said on Tuesday.
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..