FRANKFURT - Ford Sollers, the Russian joint venture of U.S. carmaker Ford Motor Co , will build the EcoSport in Russia next year, at a time when the market for small SUVs is gaining traction in the country, Ford officials said on Tuesday.
REUTERS - Chrysler Group LLC is recalling about 469,000 SUVs worldwide to update software after some vehicles' circuit boards were found to be transmitting signals that trigger inadvertent gear shifts to neutral, the No. 3 U.S. automaker said Saturday.
TOKYO - Toyota Motor Corp refuses to be tempted away from its low-risk growth strategy, even as the world's bestselling carmaker met its mid-term profit goals in the year ended March, aided by the weaker yen.
TOKYO - Toyota Motor Corp refuses to be tempted away from its low-risk growth strategy, even as the world's bestselling carmaker is likely to show that it met its mid-term profit goals in the year ended March, aided by the weaker yen.
REUTERS - BMW is recalling about 220,000 vehicles worldwide from model years 2002 and 2003 as part of a wider recall affecting airbags made by supplier Takata Corp , BMW said on Tuesday.
DETROIT - Dan Akerson is pushing General Motors Co to build cars that the U.S. automaker's top executive hopes will attract a target demographic: his grandkids.
DETROIT - General Motors Co posted stronger-than-expected quarterly profit on Thursday as the U.S. automaker kept a tight grip on costs in its North American and European businesses.
TOKYO - Japanese shares fell on Tuesday, led by index heavyweights Fanuc and Honda Motor on weak earnings guidance, but they still turned in their best April performance in 20 years on the back of sweeping stimulus measures unveiled earlier in the month.
TOKYO - The Nikkei average eased on Tuesday following weak earnings guidance from Fanuc Corp and Honda Motor , although it remains on track for its best April performance in 20 years on the back of sweeping stimulus measures unveiled this month.
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MUMBAI - The rupee weakened to a near six-month low on Tuesday, largely driven by weakness in the euro and import-related dollar demand that traders attributed to a private refining company.