From Daimler trucks in Germany to tractors in Brazil, Rohit Saboo's Indian automotive parts are making their way into vehicles all over the world. But as he scales up exports to compensate for slowing growth at home, a lack of spending on innovation is undermining his sales pitch.
General Motors Co began initial production of its first ever Chinese-designed car for the Indian market this week, a major step for the U.S. automaker as it tries to scale up in a market where foreign companies have struggled.
Global carmakers reported robust sales growth in August, indicating improving consumer sentiment and demand by small businesses and contractors. Companies including Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Honda Motor Co. (NYSE: HMC) and Toyota Motor Corporation (NYSE: TM) all reported major gains.
Global automakers report August U.S. car sales, Tuesday. Follow the blog for the latest updates from Chrysler, Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Nissan Motor Co. (Tokyo: 7201), Honda Motor Co. (NYSE: HMC), Volkswagen AG (Frankfurt: VOW) and Toyota Motor Corporation (NYSE: TM).
Lamborghini, a subsidiary of Volkswagen AG (Frankfurt: VOW), may seek to reinvent itself as it plans a successor to the popular Gallardo and works to bring the Urus SUV concept to market.
European markets remained in the tight range Friday as investor confidence continued to be weighed down by fading hopes on the European Central Bank to announce policy measures to boost the euro zone economy and revive growth momentum.
European markets fell Thursday as investor sentiment was weighed down by concerns of economic and financial instability in Spain worsening the euro zone economy.
Most of the European markets fell Friday as investors were worried that the economic condition of the euro zone continued to weaken.
Friends and family were mourning the death of St. Louis University volleyball player Megan Boken as police search for her killer after the 23-year-old Illinois woman was shot to death Saturday before an alumni game in St. Louis.
Megachains Pizza Hut and Home Depot separately denied claims in court in Los Angeles on Thursday and Friday that they ripped off music by the band The Black Keys in TV spots, reports the Associated Press.
European markets were mixed Monday as investors remained watchful ahead of the meetings between the Greek and other European leaders this week to discuss measures to tackle the economic and financial instability plaguing Greece.
The South Korean car manufacturer Kia has become an unexpected success with its Forte Koup and Optima cars on the Grand Am and Pirelli World Challenge racing circuits.
Most of the European markets rose Tuesday as investors were hopeful that the ECB will soon announce stimulus measures as the GDP data from Germany and France indicate that the euro zone economy continues to falter.
Most of the European markets fell Monday as investors were disappointed to note that the economic growth slowed down in the second quarter in Japan indicating that the global economy continues to falter.
Japan's big three, Nissan, Toyota and Honda gained big in sales while Ford and GM had lackluster showings.
Volkswagen AG (Frankfurt: VOW) reported on Wednesday July U.S. car sales rose 2.3 percent, the company's best July U.S. sales since 1973 during the hey-day of the VW Bus.
July US car sales diverged for American manufacturers Ford and Chrysler, the first two carmakers to report sales for the month.
Most of the European markets fell Tuesday but investors remained cautious with the hope that the central banks all over the world would soon announce stimulus measures to tackle the weakening global economy.
Most European markets rose Monday amid expectations that the European Central Bank would announce stimulus measures to rejuvenate the euro zone economy.
The meeting, which will take place at the PM's official residence of number 10 Downing Street, is fraught with potential political faux pas. After all, the sitting PM is not -- according to a Downing Street spokesman who spoke to the Telegraph -- supposed to meet candidates in elections in foreign countries.
Most European markets fell Monday amid continuing concerns about the deepening economic conditions in Spain and Greece.
The relationship between Microsoft's Turn 10 studios and Meguiar's car care has proven to be a beneficial symbiosis for seemingly strange bedfellows in radically different industries.