Honda CEO Takanobu Ito said he would consider launching electric cars in the U.S., Europe and Japan, a sign that the automaker is changing its strategy for the next generation of fuel-efficient vehicles.
General Motors Co.'s board will meet today or tomorrow to consider a letter from EU competition authorities that raises doubts about the fairness of the bidding battle for Opel.
Daimler AG reported a growing cash cushion and its quarterly earnings beat forecasts today in a sign that the company was weathering the worst industry downturn in decades better than expected. "The figures are just over-dimensionally good.
General Motors Co. is ready to keep control of Opel if the European Union blocks the division's sale to Magna International Inc., The Wall Street Journal reported Monday, citing people familiar with the matter.
Opel workers in Spain threatened to strike in protest at Magna International Inc.'s latest plans for the carmaker's plant in Zaragoza. Unions said they would meet on Tuesday to decide a time frame for action.
A Chinese national accused of stealing trade secrets from Ford Motor Co. was employed by Beijing Automotive Industry Holding Corp., China's fifth-biggest automaker, but was in the United States on personal leave when he was arrested, BAIC said today.
Russia's AvtoVAZ does not rule out bankruptcy if it is unable to reach a deal with banks on debt restructuring, a company official said today during a presentation at the carmaker's headquarters in Togliatti.
Olivier Francois, Chrysler Group's new marketing chief, is said to puff away in nonsmoking offices. He's not much for political correctness. And when it comes to advertising he likes to take risks -- plenty of them.
A year before it launches U.S. sales of its first electric family car, Nissan Motor Co. is developing a next-generation battery that will be lighter and less expensive.
The electric Nissan Land Glider will be one of the weirdest concept vehicles to come out of this week's Tokyo Motor Show, but Nissan Motor Co. is dead serious about it. The Land Glider is about 43 inches wide.
