Nissan Motor, Japan's third-biggest automaker, revised its annual outlook to a profit from a loss on Wednesday as soaring sales in China helped drive quarterly earnings beyond the market's expectations.
It was an 'electric parade' at the 2009 Tokyo Motor Show as many auto manufacturers announced plans to enhance their line up of electric cars. CNBC Asia Pacific was on-the-ground covering the event this week and the team took snapshots of the new concept cars that are set to drive the green revolution.
Thursday, 24 Sep 2009 | Source: The New York Times
Ford Motor is increasing its focus on the fast-growing car markets of the Asia-Pacific region, executives said Wednesday as they rolled out a new small car in India, says the New York Times.
Wednesday, 26 Aug 2009 | Source: The Associated Press
The popular Cash for Clunkers program generated nearly 700,000 new car sales during the past month, giving the U.S. auto industry a badly needed jolt of activity during the deepest decline in auto sales in two decades.
Tuesday, 11 Aug 2009 | Source: The Associated Press
General Motors said Tuesday its Chevrolet Volt rechargeable electric car should get 230 miles per gallon of gasoline in city driving, more than four times the mileage of the current champion, the Toyota Prius.
Tuesday, 23 Jun 2009 | Source: The Associated Press
Nissan Motor Co. said Tuesday its electric vehicles will be affordable, setting sights on the potentially lucrative market with a plan to mass produce zero-emission cars globally from 2012.
In addition to the recession, and the bankruptcies of Chrysler and General Motors, a new threat has appeared in the rearview mirror. Many smaller automakers are gaining a bigger share of the market, most notably Hyundai and Kia.
Thursday, 28 May 2009 | Source: The New York Times
Chrysler is hurtling through the bankruptcy process and appears on track to emerge soon as a new company, just one month after its Chapter 11 filing. Then the hard part begins. The New York Times explains.
Thursday, 14 May 2009 | Source: The Associated Press
A company demonstrated a new battery-swapping technology that could overcome a key obstacle to the adoption of electric cars — their reliance on frequent, long stops for recharging.
Ford Motors posted a surprise $1 billion quarterly profit on Monday and raised its 2011 outlook to "solidly profitable." Toyota and Nissan are also expected to report earnings this week in addition to auto sales data due Tuesday... Read More
Ever since Nissan announced the Leaf would be coming out next year, prospective buyers have been clamoring to get on the waiting list - 22,000 so far! ... Read More
Educating the public about electric vehicles will take a lot of time, but implementing them is our future, said Rebecca Lindland, director of the Autos Group at IHS Global Insight... Read More
The Senate is readying an extension of the so-called Cash for Clunkers program, potentially providing more consumers with another chance to cash in on the popular government program... Read More