Honda has raised its profit and sales forecast. The company is on a speedy path to recovery.
Honda Motor Co <7267.T> reported an unexpected quarterly profit and raised its annual outlook by more than a third, as Japan's No.3 automaker rebounded quickly from a severe parts shortage caused by the March 11 earthquake.
Honda Motor Co <7267.T> avoided an expected loss and raised its annual profit outlook by more than a third on Monday after it reported a 90 percent fall in quarterly operating profit, as it rebounded quickly from a severe parts shortage.
Several major auto makers on Friday embraced the Obama administration's proposal to push the industry further away from once-dominant gas guzzlers to more lean and efficient vehicles.
Japanese imports of rare earths from China fell 13 percent in June to 1,386 tonnes as a rise in prices made it unaffordable to many Japanese hi-tech companies.
Ford Motor Co said on Thursday said it plans to invest $1 billion to build a factory in western India, doubling its investment in the country as the U.S. carmaker seeks to gain a greater share in the second-fastest growing auto market in the world.
Nissan Motor Co <7201.T> reported a smaller-than-expected 10.4 percent decline in quarterly operating profit on Wednesday as it recovered swiftly from a parts shortage that hammered the industry after the March 11 earthquake.
Nissan Motor , the largest Asian automaker in China, plans to nearly double its annual sales in the country to 2.3 million vehicles by the end of 2015, the company said on Tuesday, as it accelerates its expansion in the world's largest auto market.
Nissan's all-electric Leaf received a five-star safety rating from the National Highway Traffic Safety Administration, the company says. Nissan is raising the price on the 2012 by several thousand dollars, but the Leaf will be sold in 21 more states.
Quarterly earnings at Asian automakers will show Japanese automakers at their worst after the March 11 earthquake disrupted parts supplies, while South Korean rivals charged ahead with sales gains in major markets.
Nissan is increasing the price of the all-electric Leaf, but the company is already adding more feature. Nissan will also sell the Leaf in more states in 2012.
A federal judge ruled on Tuesday that Toyota Motor Corp lawyers could appeal a previous ruling allowing consumers without sudden-acceleration claims to join litigation before a Santa Ana, California, court.
A federal judge ruled on Tuesday that Toyota Motor Corp lawyers could appeal a previous ruling allowing consumers without sudden-acceleration claims to join litigation before a Santa Ana, California, court.
The United States and the European Union slammed China's partial easing of export control of the rare earth minerals on Thursday.
Very soon you might possess your own Lightning McQueen as scientists from the University of Bologna claim that 'talking' cars might soon be a reality minus the human-like facial conditions.
Sedans, 4X4 drives, or whatever you would like to call them, they have been representing style, luxury, comfort and a usual great off-road experience. With a thriving automobile industry, the cars have been rocking global markets, challenging each others to win the crown of being the eye candy to the hardcore sedan enthusiasts.
Mercedes-Benz dealerships were tops for the third straight year in an independent study issued on Monday of U.S. auto dealers that uses secret shoppers to determine how customers are treated.
A federal judge in California has pared back a lawsuit accusing Toyota Motor Corp <7203.T> of inflating its stock price by concealing problems with unintended acceleration in its vehicles.
Lexus' streak as the top U.S. luxury car brand for the last 11 years will be coming to an end.
Toyota Motor Corp's <7203.T> brand Lexus will end its streak of 11 years as the top luxury brand in the U.S. market due to lost sales in the aftermath of the Japan earthquake and tsunami, said Mark Templin, Lexus Division general manager.
Time Inc.'s Fortune magazine released its annual World's largest corporations ranked by revenue that appeared in its annual Fortune Global 500 list.
Big pickup trucks are clogging many U.S. dealer lots, causing headaches for General Motors Co and other automakers, and raising concerns about price wars and lower profits later in the year.