Toyota Motor Corp said it will give its Japan-based workers their biggest pay raise in 21 years in the year starting in April.» Read More
*Yamato Holdings soars to 8- year high on price hike report. TOKYO, March 12- Japan's Nikkei share average slid more than 2 percent on Wednesday as investors locked in profits after a recent rally to a five-week high, while a stronger yen hit overall sentiment and dragged down exporters like Toyota Motor.
NEW YORK/ WASHINGTON/ DETROIT, March 11- Federal prosecutors are examining whether General Motors is criminally liable for failing to properly disclose problems with some of its vehicles that were linked to 13 deaths and led to a recall last month, according to a source familiar with the investigation.
*Toyota, other top firms to offer 3 pct pay raises. TOKYO, March 12- Big Japanese companies such as Toyota Motor Corp will offer the most generous pay raises in years on Wednesday, but workers will still struggle to offset a sales tax increase, highlighting the difficulties the government is facing in overcoming entrenched deflation.
*Senate, House panels to investigate stalling problem. WASHINGTON, March 11- Congress's investigation of a deadly defect in some General Motors cars widened on Tuesday, and a House committee ordered the automaker and a federal regulator to provide details on steps they took to get unsafe cars off the road.
*Mercedes to shrink sales gap to Audi- IHS. INGOLSTADT, Germany, March 11- German luxury carmaker Audi, source of nearly half of Volkswagen's profits, expects another drop in operating earnings this year as it invests in new models and foreign expansion in a bid to catch up with sales at luxury rival BMW.
INGOLSTADT, Germany, March 11- German luxury carmaker Audi is bracing for another drop in operating profit this year as the costs of foreign expansion, new models and technologies weigh on its results.
*Market dominated by Toyota vehicles. Yet by 8 a.m. on a recent Friday, Hadebe and his rattling Toyota had already overcome rain, traffic and an ever-rising petrol price to ferry nearly 40 commuters from South Africa's black township of Soweto to nearby Johannesburg.
DETROIT, March 7- General Motors Co needs to get through its ignition-switch recall and the resulting federal investigation quickly to avoid any lasting damage to its brand, but the federal probe could keep the problem in the public eye for at least six months.
DETROIT, March 4- EcoMotors, a Michigan- based engine maker backed by Microsoft founder Bill Gates and venture capitalist Vinod Khosla, has formed a joint venture in China with a subsidiary of First Auto Works. FAW's manufacturing partners in China include Volkswagen AG, Toyota Motor Corp and General Motors Co.
GEELONG, Australia, March 6- Behind closed doors at City Hall, Geelong's eccentric mayor sits searching for an analogy to put into perspective the punishing job losses battering his city.
TOKYO, March 6- Japan's Nikkei share average was steady on Thursday morning after rising to a one-week high the previous day, but trading was subdued with investors on the sidelines before the release of U.S. jobs data on Friday.
The National Highway Traffic Safety Administration wants reams of documents and answers to a 107-point questionnaire concerning GM's last recall.
DETROIT, March 5- Poor sales of the compact Dodge Dart led to a week of layoffs for 325 workers at the Fiat Chrysler Automobiles plant in Belvidere, Illinois, a company spokeswoman said on Wednesday.
*Seat to focus on Europe after China export failure. GENEVA, March 5- If Volkswagen wants to beat Toyota to the global autos throne, it can't afford to take its foot off the gas in mass-market cars.
*Hyundai, Toyota, Renault see strong growth in the segment. Europe's largest carmaker has been trying for more than a year to hit internal cost requirements for the vehicle, which would likely sell for between 6,000 euros and 8,000 euros and be built in China, the biggest market for budget cars.
Asian equities recovered modestly on Tuesday, from an acute selloff seen in the previous session fueled by brewing instability in Ukraine.
Hyundai, the world's fifth largest car maker with its Kia Motors Corp affiliate, is banking on the first restyling of the mid-size sedan since 2009 to help reverse a slowdown in sales and revenue growth, as it battles competition from foreign rivals at home and a slide in reliability rankings in the United States, its second-biggest market after China.
GENEVA, March 3- Toyota Motor Corp expects to sell more than 865,000 vehicles in Europe this year, up from 847,530 in 2013, helped by a gradually recovering market and the popularity of its hybrid models, the head of its European operations said on Monday.
U.S. stocks declined on Monday on worries about Russian intervention in the Ukraine.
*GM, Ford, Chrysler, Nissan top sales expectations. *Toyota, Honda fall short of forecasts. While General Motors Co, Ford Motor Co and Chrysler Group all reported stronger-than-expected sales, the higher incentives raised concerns about industry profitability in the future.