Asian stocks were mixed on Friday, as focus turned to the release of U.S. jobs data for clues on when the Fed could cut back its stimulus program.» Read More
Japan's Nissan Motor recalled on Monday 313,033 Serena mini-vans in Japan because of faulty oil feed pipes.
GM and Ford reported double-digit U.S. sales declines in February in the face of a slumping economy and high gas prices.
We knew they would be bad, and they were. In fact, February auto sales make it clear, the consumer is tired, nervous, worried: you-fill-in-the-adjective. Look at the numbers: GM down 16.7 percent (including trucks down more than 22 percent)
Nissan Motor, Japan's third-biggest automaker, reported a 16 percent rise in quarterly profit on Friday, helped by the popularity of vehicles such as the Rogue and Qashqai SUVs, and stuck to its forecast for a small gain for the full year.
Top Japanese automakers are due to report higher third-quarter earnings led by strong overseas sales, but the next few quarters could see profits fall as the dollar weakens against the yen.
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With all the attention focused on building gas electric hybrids, new forms of ethanol, and hydrogen fuel cells, the most interesting race in the auto industry is the development of electric powered cars and trucks.
After 2 days of watching a slew of new models be introduced at the Detroit Auto Show, some impressions. 1. The Nissan GT-R is even more spectacular in person than I thought it would be. it a Corvette "killer" that will replace the American sports car as the speedster that delivers the best bang for the buck?
Ford Motor plans to to return its North American operations to profitability in 2009 are progressing well and are not affected by signs of slowing U.S. economic growth, top officials said Sunday.
Conquering the fast-emerging markets of Brazil, Russia, India and China, commonly referred to collectively as BRICs, is the main priority for Nissan Motor, a top executive said on Sunday.
Nissan Motor, Japan's third-biggest automaker, is set to supply Chrysler with fuel-efficient small cars, Japanese broadcaster NHK reported on Thursday.
Toyota Motor overtook Ford Motor to become the No. 2 automaker by U.S. sales in 2007, using new products and relentless strategy to break Ford's 75-year lock on the position.
U.S. automakers were expected to report on Thursday that sales finished 2007 weakly, hurt by the housing slump and high gasoline prices, and the resulting worst sales year in a decade for the industry was seen as likely to increase pressure for further production cuts.
As we close out this year, I know some of you are asking, "Hey Toyota Phil (a nickname a friend gave me after accusing me of giving the Japanese automaker too much praise) what do you think will happen in the auto industry next year?" Well, since you asked, and I know some of you haven't asked, here are my prognostications for 2008.
General Motors said its U.S. light vehicle sales fell 11 percent in November as consumer demand softened, while Toyota Motor and Ford Motor defied expectations by reporting small sales increases for the month.
It's hard for me to find a more perplexing automaker than Volkswagen. Mainly because it is a brand and a company with so much potential, so much brand loyalty, and yet, from my perspective, it has not achieved what it should.
Japan's Nissan Motor said on Thursday it will recall 713,986 Altima and Sentra cars in North America, mostly in the United States, because their engines may suddenly stop running.
When I was walking around the Los Angeles Auto Show last week, I remarked to a friend of mine how impressed I am with Nissan's GT-R. I am usually not the type to geek out on the chance to drive a new car, but with the GT-R, I am.
Ford's U.S. sales fell 9.3 percent in October, leaving it slightly behind rival Toyota, which reported a 4.5 percent sales increase for last month.
U.S. auto sales are expected to have dipped slightly in October, as stepped-up incentive spending by automakers could not totally offset the drag from continued turmoil in the U.S. housing market, analysts said.