Several thousand jobs will be lost in Australia by 2017 as the curtain comes down on a century of car manufacturing Down Under.» Read More
BEIJING, April 21- Toyota Motor Corp is considering significantly expanding its production capacity in China as is seeks to catch up with global rivals in the world's largest auto market, a senior executive said on Monday.
*Lexus imports cars from Japan for China market. Unlike German peers Audi, Volkswagen AG's luxury division and BMW, Lexus imports all of its vehicles sold in China, from Japan. But high tariffs charged on imported cars make it hard to generate volume and last year, Lexus sold around a seventh of Audi's tally and a fifth of what BMW sold in China.
TOKYO, April 18- Core consumer prices in Tokyo, a leading indicator of nationwide inflation, probably rose the most in 22 years in April after an increase in Japan's sales tax drove up prices across the board, a Reuters poll showed on Friday.
*U.S. economic recovery hopes invite long-money to Japan- trader. *Nikkei poised to post biggest weekly gain in 2 months. TOKYO, April 18- Japan's Nikkei share average advanced on Friday after upbeat U.S. economic data and corporate earnings bolstered investors' risk appetite.
TOKYO, April 18- Japanese companies have weathered the first days of a rise in the country's consumption tax, with sales resilient and pricing power little damaged, a Reuters poll showed on Friday, in an early sign the tax hike will not derail the economy.
FLINT, Mich.— An attorney representing the family of a 77- year-old Flint- area woman killed when her 2005 Toyota Camry slammed into a tree after alleged sudden acceleration confirms that a deal has been reached in a lawsuit against the carmaker.
DETROIT— General Motors says it sold 2.42 million cars and trucks in the first three months of the year, keeping it slightly ahead of Volkswagen in the global sales race. Sales leader Toyota has yet to release first quarter numbers but says it's on the way to selling 10.1 million vehicles this year.
*R8 boosts Audi's U.S. pricing power vs BMW, Mercedes. BERLIN, April 17- Lamborghini is flaunting a technology-packed supercar at this week's Beijing auto show that will spice up its parent company Audi's own offerings just as the second-biggest luxury carmaker struggles to prove its technical prowess.
TOKYO, April 17- Japan's Nikkei share average was flat in choppy trade on Thursday morning as profit-taking from the previous day's big gains offset strength in U.S. shares which rose on confidence that the Federal Reserve will keep the interest rates low.
Why high oil prices are actually good for airlines. NEW YORK— Airline executives frequently complain about fuel costs, but higher prices actually have been good for business. The average cost of a roundtrip domestic ticket grew to $378.62 from $351.48 in the last five years, when adjusted for inflation.
Ford Motor Co. rose$. 23 or 1.5 percent, to $16.07. General Motors Co. rose$. 61 or 1.8 percent, to $33.97. Honda Motor Co. rose$. 48 or 1.4 percent, to $34.56.
TOYOTA CITY, Japan/ IRVINE, Calif., April 17- In 1997, Toyota caught its competitors by surprise with the revolutionary Prius, the first commercially successful gasoline-electric hybrid car. Toyota Motor Corp will next year launch a hydrogen-powered car in the United States, Japan and Europe.
Ford Motor Co. rose$. 15 or. 9 percent, to $15.99. General Motors Co. rose$. 33 or 1.0 percent, to $33.69. Honda Motor Co. rose$. 49 or 1.4 percent, to $34.57.
The lowest starting price for a 2014 Beetle with an automatic transmission is $22,215, or $1,100 more, and this is with the 170- horse five cylinder.
Ford Motor Co. rose$. 11 or. 7 percent, to $15.95. General Motors Co. rose$. 13 or. 4 percent, to $33.49. Honda Motor Co. rose$. 29 or. 9 percent, to $34.37.
Toyota says it changed every exterior piece but the roof. But Toyota acknowledges that tastes have changed, and buyers of midsize cars want more style, comfort and performance to go with the reliability.
TOKYO, April 15- Some Japanese Internet companies are getting a boost from foreign investors as Prime Minister Shinzo Abe pushes for an elusive strength his country's firms are not known for- high returns.
TOYOTA CITY, Japan/ TOKYO, April 16- Toyota Motor Corp is set to post record growth for the year just ended- with a likely $10 billion surge in operating profit- but the mood at its HQ in Japan's prosperous automotive heartland is cautious as executives warn of a leaner year ahead.
DETROIT— As General Motors shows off its newest cars and trucks in New York this week, analysts are watching for signs that consumers are shying away from the ones sitting on dealer lots.
While individuals seek to take advantage of dozens of deductions and loopholes, corporations have famously excelled at this game, NYT reports.