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Science & Technology
November 12, 2019
Scandal-hit Nissan's profits crash amid lower global sales
Japanese automaker Nissan reported Tuesday that its July-September profit tumbled to half of what it earned the year before ...
November 08, 2019
Japanese automaker Honda cuts profit outlook as sales slip
Honda has become the latest automaker to report weaker earnings as global demand softens. The company said Friday that its ...
October 31, 2019
Fiat Chrysler merger with PSA appears headed for approval
In a merger deal that appears to be heading for approval, Fiat Chrysler stands to gain electric vehicle technology while PSA ...
October 30, 2019
Volkswagen warns of slowing global auto markets
Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles in its lineup but ...
October 24, 2019
Luxury cars and vans help shore up Daimler's profits
Germany's Daimler AG, the maker of Mercedes-Benz cars, said Thursday that stronger sales of luxury cars and higher profits ...
October 14, 2019
China's auto sales sink 6.3% in September
China's auto sales sank 6.3% in September from a year earlier and purchases of electric cars tumbled 34.2% at a time when the ...
October 03, 2019
Strong summer sales makes H&M’s profit jump 25%
Low-cost fashion retailer Hennes & Mauritz AB says its third-quarter profit jumped 25% to 5 billion kronor on strong summer ...
September 27, 2019
Fiat Chrysler to pay $40M fine for overstating sales numbers
Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by ...
September 26, 2019
Luxury carmaker Maserati focuses production on Italy
Luxury carmaker Maserati said Thursday it would invest 1.6 billion euros ($1.8 billion) as it boosts Italian production with ...
September 11, 2019
Chinese auto sales sink 7.7% in August
Chinese auto sales sank 7.7% in August from a year earlier extending a painful slump in the industry's biggest global market, ...
September 10, 2019
The Latest: BMW gives glimpse of future offerings
The Latest on the Frankfurt auto show (all times local): 2:50 p.m. BMW's marketing chief says giving customers a broad choice ...
August 01, 2019
Markets Right Now: Stocks sink after Trump raises tariffs
The latest on developments in financial markets (all times local): 4 p.m. Stocks took a nosedive and bond prices spiked after ...
August 01, 2019
BMW profits drop on higher costs, spending for new tech
Luxury automaker BMW said Thursday that net profit fell 29% to 1.48 billion euros ($1.63 billion) in the second quarter from ...
July 31, 2019
US stocks turn mixed ahead of Fed announcement
U.S. stocks turned mixed in morning trading Wednesday on Wall Street ahead of a highly anticipated announcement from the ...
July 26, 2019
Renault lowers forecast amid sales slump, Nissan troubles
French carmaker Renault is cutting back its sales forecasts amid slumping revenues and troubles at alliance partner Nissan.
July 25, 2019
Nissan to slash 12,500 jobs to cut costs, achieve turnaround
Nissan is slashing 12,500 jobs or about 9% of its global workforce to cut costs and achieve a turnaround amid tumbling ...
July 10, 2019
China's June auto sales fall, extending year-old decline
China's auto sales fell 7.8% in June amid a trade fight with Washington and slower economic growth, extending an unexpectedly ...
June 05, 2019
UK car sales fall again amid ongoing 'political instability'
Britain's new car market slid back further in May as Brexit instability continued to weigh on business and consumer ...
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