News
BorgWarner profits skyrocket 65% in Q3

BorgWarner Inc., the maker of automotive turbochargers and emission systems, reported a 65 percent rise in quarterly profit, partly due to higher demand for fuel-efficient vehicles.

Oct. 31 , 2013
U.S. reports $9.7 billion loss on General Motors bailout

The U.S. government has booked a loss of $9.7 billion on the nearly $50 billion bailout of U.S. automaker General Motors Co (GM.N), according to a quarterly report to Congress on Tuesday.

Oct. 31 , 2013
Seiji Kuraishi Following Toyota: Hybrid Power China Made in Three Years

23 Oct, when reporter asked about “is it too late for Honda to introduce new technology?”at Honda “Technology Camp” activity, Seiji Kuraishi throw the question to Yukimura Hideo, who is responsible for Chinese market research and development.

Oct. 31 , 2013
BMW CEO say has no plans to raise stake in SGL Carbon

BMW (BMWG.DE) does not intend to lift its stake in SGL Group (SGCG.DE), the materials supplier for the carbon-fiber reinforced passenger cabin of BMW's i3 compact electric car.

Oct. 30 , 2013
Consumer Reports pulls recommendation for Toyota Camry

Toyota Motor Corp's (7203.T) reputation for quality took a hit on Monday when influential magazine Consumer Reports pulled its recommendation on three of the Japanese automaker's vehicles, including its popular flagship Camry sedan, due to poor crash test results.

Oct. 30 , 2013
Korean Cars Joins Top 4 of Chinese Auto Market for 1st-time

Korean cars is biggest beneficiary of Japanese cars decreasing and join into top 4 quickly. But competition is estimated to intensify after Japanese cars recovers. After the event of Diaoyu Island, the sales of Japanese cars in Chinese market had dropped as many as 50%.

Oct. 30 , 2013