Germany's Daimler trucks sees turnaround, forecasts 2010 operating profit of $272 million German car and truckmaker Daimler AG says it expects a turnaround in the global truck market and an improvement in the truck division's 2010 earnings before interest and taxes. The ...
China's auto sales reached 1.2 million units in February, up sharply compared with the same month a year ago but below the monthly record set in January, an industry association said. Demand for new vehicles in the world's biggest market pushed sales ...
GM Daewoo, the South Korean unit of struggling US auto giant General Motors, said Wednesday it intends to return to profit this year and currently needs no further financial support from creditors. "In 2010, GM Daewoo will be profitable. That is my ...
Toyota exec says North American sales up 50 percent from first 8 days of March '09 A high-ranking Toyota executive says the auto company's North American sales spiked around 50 percent the first eight days of March as incentives helped lure customers ...
Shares of India's largest vehicle maker Tata Motors ended over three percent down Tuesday after German car maker Daimler sold its stake in the company. Reacting to the news, Tata Motors shares fell as much as 5.86 percent to a day's low ...
Tata's Jaguar Land Rover gets EU loan to help develop more fuel-efficient cars Jaguar Land Rover is getting a 340 million pound ($514 million) loan from the European Investment Bank, a lender backed by European Union governments, to help it develop more ...
China passenger car sales up 55 percent from year earlier in February, but growth slows China's passenger car sales climbed 55 percent from a year earlier in February, despite a long national holiday, on strong demand for smaller cars and sport utility ...
Auto giant Ford launched its bid to enter India's lucrative small car market on Tuesday, unveiling a brand new model to compete with international rivals from General Motors, Volkswagen and Hyundai. The Figo, which will be made at Ford's plant in the ...
German carmaker BMW global February group sales up 14 percent to 91,758 cars German carmaker BMW AG says its global February group sales increased 14 percent from a year earlier to 91,758 cars for the month. The Munich-based company said Tuesday it ...
Ta Ta! Germany's Daimler unloads its shares in India's Tata Motors German automaker Daimler AG says it has sold all of its shares in India's Tata Motors to various groups of investors through the capital markets. The automaker, based in Stuttgart, said ...
