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Automotive Industry
WTO luxury car ruling goes US way
A WTO luxury car ruling regarding a complaint the US had made against China found “no basis” for duties imposed by…
General Motors fine for recall delays
A $35 million General Motors fine for delays in recalling small vehicles with defective ignition switches has been…
European car sales up 4.6 percent in April
European car sales increased by 4.6% in April 2014 compared to April 2013, its eighth successive month of growth,…
Nissan profits increased 10 percent
Nissan profits increased 10 percent to ¥389 billion ($3.8 billion) in the year to end-March 2014. The second…
Global automobile production forecast
A global automobile production forecast by IHS Automotive predicts an increase of 21 million units by 2021.
The…
Toyota profits nearly doubled
Toyota profits nearly doubled to ¥1.82 trillion ($17.8 billion) in the year ending March 31 compared to ¥962…
Ford profits fell 39% in Q1 2014
Ford profits fell 39% in the first quarter of 2014 after particularly weak sales in North America and increasing…
European March car sales jumped 10.6%
European March car sales climbed 10.6% to 1,449,148 vehicles, driven by a 18% rise in the United Kingdom. UK…
Toyota recall involving 6.4 million cars
A Toyota recall involving 6.4 million cars has been announced by the world’s largest automobile maker. Nearly half…
UK EU membership crucial, says car industry
UK EU membership is crucial, says the automotive industry.
Being part of the European Union is vital for future…