AutoCanada's Q1 net jumps 46%, but dealership group cuts dividend

AutoCanada's first-quarter net surged 46 percent to $7.3 million Canadian ($5.6 million U.S.) as revenue rose 5.3 percent to C$666.9 million, due largely to dealership acquisitions over the past year.

Honda touts radical assembly line makeover

Honda, in its quest for manufacturing efficiency, has turned the traditional assembly line model on its head. A new approach launched in Thailand in March has a team of workers follow the car down the line, with the workers and vehicle sitting on disc-shaped platforms like frogs floating on a lily pad.

Toyota sees China sales on target, aided by cut in inventories, tax

Toyota, after posting a 9.2 percent rise in China sales last month, is on course to meet its full-year sales target for the world's largest auto

Sign up for our daily newsletter

We'll send you the top news of the day each weekday afternoon.