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  • Newswire

    Rupiah Down, Japan's Interest in Indonesia Production Up  

    With the weakening rupiah depressing imports, Japanese automakers instead are investing in local production in what has become Southeast Asia's biggest car market....More
  • Newswire

    PSA Says Economic Recovery Brings Profit Goal Closer  

    The French automaker's chief financial officer says a weak euro and falling raw-materials costs could help the company reach its 2018 goal of a 2% profitability margin ahead of schedule....More
  • Newswire

    Russia Approves Subsidies for Automakers  

    The government is providing RR10 billion to support automakers suffering from a prolonged sales slump and higher production costs stemming from the weakening ruble....More
  • Newswire

    Toyota Latest Japanese Company to Raise Worker Pay  

    The automaker's monthly base-pay raise of ¥4,000 per worker is short of union demands for ¥6,000, but it exceeds last year's ¥2,700 boost and is its largest in more than a decade....More
  • Newswire

    Volkswagen's Skoda Unit Posts Record Profits in 2014  

    The Czech Republic's largest manufacturer says last year's €665 million profit was 46% above the prior year and was driven by its first-ever full year of exceeding 1 million sales....More
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