News
Nissan cuts profit outlook as recalls add to costs

Nissan Motor Co., Japan's second-biggest automaker, cut its earnings forecast Friday to reflect tougher than expected conditions in many markets and expensive recalls.

Nov. 6 , 2013
French carmakers gain ground in recovering home market

French car sales rose for a second consecutive month in October, with PSA Peugeot Citroen (PEUP.PA) and Renault (RENA.PA) reclaiming some lost ground from Volkswagen (VOWG_p.DE), according to industry data published on Monday.

Nov. 5 , 2013
Honda to recall 344,000 minivans in U.S. due to braking glitch

Honda Motor Co said on Friday that it will recall about 344,000 Odyssey minivans in the United States to fix a software defect that may lead the vehicle to suddenly and harshly brake without the driver pressing the brake pedal.

Nov. 5 , 2013
For Mulally, a question that refuses to go away

Three times during the third quarter earnings conference call with journalists and analysts today, Ford Motor Co. CEO Alan Mulally was asked to comment on persistent reports that he is considering leaving Ford to become CEO at Microsoft.

Nov. 4 , 2013
U.S. government shutdown dampens October car sales

The 16-day U.S. government shutdown in early October appeared to dampen consumers' appetite for new cars, as seven of the top eight automakers reporting monthly sales on Friday missed analysts' expectations.

Nov. 4 , 2013
Fiat CEO confirms company wants to own 100 pct of Chrysler

Italian carmaker Fiat's (FIA.MI) Chief Executive Sergio Marchionne said on Wednesday that the company's long-term goal is to own 100 percent of its U.S. unit Chrysler.

Nov. 4 , 2013