Honda Motor Co posted its best quarterly operating profit in 2- years on Friday on brisk sales in the United States, China, and other Asian markets, and raised its forecasts despite a sharp rise in the yen.
The privately held parent of China's Geely Automobile said on Friday it had received the nod from China's state planner for its purchase of Ford's Volvo unit, a critical step for its plans to turn around the Swedish carmaker.
Toyota Motor Corp said on Thursday it would recall nearly 417,000 high-end passenger cars and SUVs in the United States and Canada to fix steering problems.
General Motors Co and Chrysler are now on an orderly course a year after their government-brokered bankruptcies, with the Obama administration hopeful GM can seek a public offering of shares this year.
About 400 workers at Ford Motor Co's Windsor, Ontario engine plant will lose their jobs as Ford completes a planned move to a single shift
General Motors Co believes vehicle sales in Thailand could rise to more than 700,000 units this year as the economy proves resilient to recent political unrest and grows along with the rest of Southeast Asia.
Toyota Motor Corp has pushed back plans to build its Prius in the United States by as much as six years, with a top executive saying U.S. production is likely to start only when the best-selling hybrid is remodeled.
Nissan Motor Co Ltd is recalling 51,100 Cube compacts in North America after U.S. safety regulators said a fuel leak could cause fire after a crash
Japan's Nissan Motor Co said on Tuesday it will spend $600 million to upgrade its plants in Mexico and start making three new low-cost cars there, positioning Mexico as its supply hub for the Americas markets.
Daimler expects rising demand for its most expensive Mercedes-Benz models to drive operating profit to 6 billion euros ($7.8 billion) in 2010, its best result since the auto industry boom that peaked three years ago.
Ford Motor Co chief executive Alan Mulally said on Monday the company was cautiously optimistic that it would continue to grow as the U.S. economy recovers.
Toyota Motor Corp is likely to have secured a group operating profit of about 100 billion yen ($1.1 billion) in April-June, thanks to solid sales and a sharp recovery from the previous year's loss
Nissan Motor Co said orders in Japan for the revamped March subcompact reached 12,147 units as of Sunday, representing more than three times the monthly target after less than two weeks on the market.
Fiat should keep its pledge to boost Italian car production, a newspaper cited the labor minister as saying, after the company said last week it would move production of some of its models to Serbia.
BMW and Daimler will jointly develop and purchase seat frames as part of a cooperation agreement designed to save costs.
Ford Motor Co posted a stronger-than-expected quarterly profit of $2.6 billion and said it was on track for higher earnings and lower debt in 2011, sending its shares up 3 percent in premarket trade.
General Motors Co plans to file its registration for an initial public offering during the week of August 16, just after the expected date for its second quarter results, according to two people with direct knowledge of the preparations.
A plan to maintain operations at a General Motors plant in eastern France was in doubt after a labor union refused to sign a deal on Friday to freeze salaries and cut working days.
China's Chery Automobile Co said on Friday it was unaware of a U.S. case of alleged theft of GM technology that had been linked to the Chinese firm.
It was a miserable winter day in January 2007, the kind that makes auto executives in the Motor City wonder why they hold the Detroit Auto Show at the most inhospitable time of the year.
The U.S. auto-leasing industry has likely lost $10.4 billion since 2005 because of overestimating resale values of vehicles leased
Chinese factory workers at two suppliers for foreign automakers returned to work on Thursday after winning hefty pay rises, ending strikes that again highlighted the carmakers' vulnerability to their China suppliers.
World number two truck maker Volvo AB delivered forecast-beating second-quarter earnings, due to a pick up in truck demand, cost cuts and growth in its construction division.
Toyota Motor Corp plans to reduce its domestic vehicle production by about 20 percent from October as it expects a drop in demand after the Japanese government ends subsidies on purchasing so-called eco cars
More than 1,000 factory workers in eastern France agreed to a salary freeze and reduction in days owed as part of conditions imposed by General Motors Co GM.N to keep a car plant open.
A U.S. grand jury has ordered Toyota Motor Corp to turn over documents related to problems with rods that connect vehicle steering systems to their front wheels
Honda Motor Co plans to launch a plug-in hybrid and battery electric model in 2012 as part of its strategy to push to the front of a race by global automakers to develop more fuel-efficient cars.
Volkswagen plans to launch all-electric vehicles in 2013 and expects these zero-emission vehicles to account for 3 percent of its sales by 2018, Chief Executive Officer Martin Winterkorn said on Monday.
Top Chinese automaker SAIC Motor Corp said on Tuesday it expected to post more than a 300 percent rise in first-half net profit.
Honda is also considering building hybrids in the United States
