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Toyota global sales up 5%; U.S. volume down 3.5%
Toyota Motor Corp.'s global vehicle sales rose 5 percent in October to about 640,000 units, marking the first year-on-year increase in 15 months, the world's biggest automaker said on Wednesday. 1:01 am U.S. ET | Nov. 18
BMW and Brilliance China Automotive Holdings will invest $735 million to expand their capacity in the fast-growing Chinese market. They will start construction on a second 100,000-unit plant in China next year. 3:01 am U.S. ET | Nov. 12
Geely has developed a turnaround plan under which it hopes to double Volvo's sales to near 1 million vehicles a year, a media report said today. 10:49 am U.S. ET | Nov. 11
Beijing Auto and its Swedish partner still aim to finalize plans to buy Saab by the end of the year, an executive of the Chinese carmaker said. Beijing Auto plans to take a minority stake in Koenigsegg, which is buying Saab from GM. 4:31 am U.S. ET | Nov. 10
New-car sales in China rose 79.6 percent to 923,154 cars last month, state media reported on Saturday. That would suggest a month-on-month drop of about 9.8 percent from September, when sales rose 83.6 percent from a year earlier to 1. 12:01 am U.S. ET | Nov. 9
Nissan Motor Co., Japan's third-largest automaker, revised its annual outlook to a profit from a loss today as soaring sales in China helped drive quarterly earnings beyond the market's expectations. 3:46 am U.S. ET | Nov. 4
REUTERS AUTOS SUMMIT
The worst of the automotive industry crisis is over, and world sales are set to stabilize next year, a Moody's analyst told the Reuters Auto Summit today. 3:01 pm U.S. ET | Nov. 4
REUTERS AUTOS SUMMIT
Fisker Automotive Inc., the builder of luxury plug-in hybrids, has picked a large distributor to sell its vehicles in Europe and is looking to sign a similar deal in China, its CEO told Reuters today. 1:46 pm U.S. ET | Nov. 3
Fiat S.p.A.'s Ferrari supercar unit said on Tuesday that it expects China to become one of its top five global markets in five years. 2:16 am U.S. ET | Nov. 3
China has told the United States that it plans to formally launch an investigation that could lead to new import duties on autos and sports utility vehicles made by Chrysler, Ford and General Motors, a U.S. industry official said today. 3:00 pm U.S. ET | Oct. 28
Geely Holding's attempt to buy Ford Motor Co.'s Volvo car unit is in danger of stalling over disagreements about intellectual property rights, a source close to the talks said today. 4:31 am U.S. ET | Oct. 21
A former Ford Motor Co. engineer has been charged with stealing trade secrets from the automaker after accepting a job in China in 2006. Xiang Dong Yu, 47, was arrested Wednesday in Chicago after traveling to the United States from China. 12:01 am U.S. ET | Oct. 16 | UPDATED: 10/15/09 10:27 p.m. ET