Japanese Prime Minister Shinzo Abe on Friday made a widely expected decision to roll out additional fiscal spending.» Read More
Today Daimler is launching car2go in Austin, Texas. But make no mistake, this is just the start of automakers and rental car companies either jumping into or expanding their car sharing programs.
Asia's key indices closed in the red on Tuesday, with Japan and South Korea giving up early gains as profit-taking took hold.
Asian share indexes gained ground Monday, after upbeat earnings from U.S. retailers underpinned confidence that a global economic recovery is under way.
Nissan CEO Carlos Ghosn could not have been any clearer about how many people will buy electric vehicles 10 years from now.
Stock markets in Asia finished mostly lower. after shares on Wall Street snapped a six-day winning streak. China markets, however, managed to buck the uptrend.
In the auto world, everyone is searching for the "Big Mo" - momentum. It's elusive and some of the best-laid plans rarely wind up producing it. But for three companies, the latest report from Kelley Blue Book shows Audi, Ford and Hyundai are generating more interest with potential buyers.
Asia's key indexes failed to hang on to the morning's modest gains and closed lower, as Tokyo, Sydney and Seoul slipped into the red. Markets had earlier tracked Wall Street, after the Dow Jones Industrials closed higher for the sixth straight session.
It stole the show at last year's auto show. Now the Cadillac Converj is getting the green light from General Motors. This is not only a smart move that could pay off over time for GM, but it also shows how far the auto maker has come in moving quicker when it comes to taking new models from concept to production.
Asian stock markets made modest gains on Wednesday, as investors shrugged off the rocky session on Wall Street overnight and focused instead on strong data out of China, which showed factory output jumping to a 19-month high in October.
Asian shares finished higher on Tuesday, following a rally on Wall Street which saw U.S. indices finishing at their highest levels in more than a year.
Middle-aged investors looking to retire in about 20 years should position their portfolios to have a 25 to 30 percent stake in equities outside of the United States, Bill Gross, co-chief investment officer at PIMCO told CNBC Monday.
Asian markets chalked up gains on Monday, led by Sydney's 1.8 percent advance. However, investors remained concern over the state of the U.S. economy after the mixed jobs report released on Friday.
Asia's key indexes rebounded Friday from losses in the previous session, after strong U.S. jobs data reinforced hopes the economy is recovering.
NEC Corp, Japan's biggest PC maker, plans to sell up to 133.9 billion yen ($1.5 billion) in new shares, to restore its battered capital base and invest in growth areas.
As I sit through a lengthy explanation of how Sergio Marchionne plans to turn around a struggling Chrysler, one question keeps running through my mind: Do we think this plan will work?
If you want to get a sense of just how unclear the auto industry is about how much sales will rebound, ask the different sales chiefs at the automakers.
Reporters and editors are already calling Ford's third quarter earnings surprising. And yes, it is surprising when analysts are expecting a company to lose 12 cents a share, and it earns 26 cents/share. But make no mistake; the blue oval has been going from red (losing money) to black (making money) for some time.