French new car registrations rise 2.5 pct in September - CCFA
PARIS, Oct 1 French new car registrations rose 2.5 percent year-on-year in September, boosted by growth at French car maker Renault, the CCFA automobile association said on Saturday.
June 20 Toyota Motor Corp will cut its production capacity in Japan by more than 10 percent from current levels to about 3.1 million units by 2014, continuing to reduce its domestic output, the Nikkei said on Wednesday.
The automaker will not lay off workers as part of the cuts and is keen to ensure that its domestic suppliers and partners remain profitable, the newspaper said.
The company wants to maintain domestic production at about 3 million vehicles per year, down by about 500,000 units from current levels, even if a strong yen hurts export profitability, the business daily said.
Toyota has already cut capacity by 100,000 units at its subsidiary's factory in Shizuoka Prefecture in Japan and its overall domestic capacity is expected to fall to about 3.6 million units this year, the Japanese daily said.
The company's capacity was about 3.9 million vehicles in Japan before the global financial crisis hit, the Nikkei said.
HONG KONG, Oct 1The world's biggest casino hub of Macau posted a better than expected 7.4 percent rise in gambling revenue in September, marking the second consecutive month of growth after more than two years of decline, as new resorts spur spending in the southern Chinese territory.
NEW YORK, Sept. 30 A federal jury in Texas on Friday night ordered Apple Inc to pay more than $302 million in damages for using VirnetX Holding Corp's patented internet security technology without permission in features including its FaceTime video conferencing application.