Eurozone recession is now longest in currency bloc
The eurozone is now in its longest ever recession — a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis ...
China's April auto sales rise 13 percent
China's auto sales rose 13 percent in April despite concern about a weak economic recovery and Japanese brands suffered less severe declines, an ...
Toyota profit more than doubles on yen, cost cuts
Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add ...
China's struggling automakers jump on SUV boom
BYD is known for electric cars but this year's flagship model is the S7, a gasoline-powered SUV. It comes with an interior air purifier, radar to help ...
Wal-Mart Stores takes back top spot in Fortune 500
Wal-Mart Stores Inc. once again leads Fortune's list of the 500 biggest U.S. companies by revenue, as the world's largest retailer succeeded in ...
US factory orders down 4 percent in March
Orders to U.S. factories fell in March by the largest amount in seven months, but a key category that signals business investment plans increased.
EU predicts eurozone recession to continue in 2013
Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemployment at record ...
US economic reports hold out hope for hiring gains
Fewer Americans are losing their jobs. Employers are struggling to squeeze more work from their staffs. The U.S. is producing so much oil that imports ...
GM 1Q profit falls 14 pct; new pickups key to year
New cars were key for General Motors' in the first quarter. New trucks will be the key to the rest of this year. Two new Opels — the Mokka subcompact ...
Ford adding 2,000 workers to Missouri plant
Ford Motor Co. said Thursday that it's adding 2,000 workers to the Missouri plant that makes the F-150 pickup because of surging U.S. truck demand.
Tough auto market dents BMW earns, sales in Q1
Tough auto markets worldwide — including a deep slump in Europe — and investment in new technology dented first-quarter earnings at German automaker ...
Detroit boosted by truck sales; Honda, Nissan gain
Ford, GM, Chrysler and Nissan all reported double-digit U.S. sales increases last month, signaling the best April for car and truck sales in six years
Ford to enter Myanmar with showroom by August
Ford Motor Co. announced its entry into Myanmar on Tuesday, saying it plans to open the nation's first sales and service showroom for new vehicles by ...
China career boost can come with health risks
Whitney Foard Small loved China and her job as a regional director of communications for a top automaker. But after air pollution led to several stays ...
Chrysler 1Q profit falls 65 pct. as shipments drop
Three Chrysler factories were slow to switch from old models to new ones, and that helped dramatically reduce the company's first-quarter profit.
Ford's first quarter profit up 15 pct to $1.6b
Ford Motor Co.'s first-quarter profit rose 15 percent to a $1.6 billion thanks to record earnings in North America and strong sales in China.
European recession hits major car makers
Europe's stubborn recession cut deeply into profits at major automakers Ford, Volkswagen and Daimler, first-quarter results showed Wednesday as the ...
Daimler profits slide in Q1 on European struggles
Daimler AG warned Wednesday that profits this year would be lower than last year's as it reported a 60 percent slide in first-quarter earnings amid ...
At Shanghai show, Japan automakers woo lost sales
Japanese automakers promised special Chinese designs and green technology in addition to the usual flashy fanfare at this year's Shanghai Auto Show, ...
Automakers target Chinese buyers at Shanghai show
Global and Chinese automakers showcased family-friendly sedans and SUVs targeting coveted urban buyers at China's biggest auto show Saturday as ...
Chinese automakers struggle against global rivals
These should be good times for Chinese automakers as they prepare to show off their latest models at the Shanghai auto show. Their home market is the ...
European car sales plummet, even in solid Germany
Europe's auto market is in freefall. Once the motor for Europe's economy, the car industry has fallen victim to the region's widening recession and ...
GM to roll out new line of smaller pickups
General Motors plans to roll out a line of completely revamped midsize pickup trucks, with gas mileage and features designed to take sales from ...
GM 1Q global sales rise 3.6 percent to beat VW
General Motors edged out fast-growing Volkswagen in first-quarter sales as both companies try to close the gap with Toyota for the global world sales ...
Suu Kyi visit highlights Japan's Myanmar push
Japan's long-deferred aspirations for a larger role in Myanmar are getting a boost this coming week with a visit by Nobel Peace Prize laureate and ...
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