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  • Newswire

    UPDATE 1-Honda profit beats estimates on cost cuts, Japan sales  

    (Adds details from results, including U.S., Japan markets) TOKYO, July 29 (Reuters) - Honda Motor Co's April-June operating profit rose 7.1 percent from a year earlier to 198.04 billion yen ($1.94 billion), beating analyst estimates, boosted by cost cuts and strong sales of the remodelled Fit in Japan. The first-quarter operating profit compared with a 181.8 billion yen mean estimate of 12 analysts polled by Thomson Reuters I/B/E/S....More
  • Newswire

    UPDATE 2-Engine-maker Cummins ups outlook; investors underwhelmed  

    * Expects FY sales to grow between 8 and 11 pct * North America sales up 14 pct; international down 1 pct * Shares fall 3.9 pct as margin forecast unchanged (Adds details from conference call, analyst comment; updates share price) July 28 (Reuters) - Engine-maker Cummins Inc raised its revenue forecast this year, on the back of increased demand from North American truck makers, but its shares dropped as much as 3.9 percent as investors were unimpressed....More
  • Jul 28, 2014
    blog

    Dealers Blamed for Dismal EV Market 2

    If Tesla were convinced the existing dealer infrastructure was truly motivated and capable of selling its cars, then this dust-up and threats of litigation never would have occurred....More
  • Newswire

    GM Korea Reaches Tentative Wage Deal, Averting Strike  

    As part of the labor deal, GM is reversing an earlier decision not to make the next-generation Chevrolet Cruze at the Gunsan plant....More
  • Newswire

    Nissan Expects Takata to Pay All Costs Related to Airbag Recall  

    Nissan, Japan's second-biggest automaker by global sales, recalled 755,500 vehicles globally in June over potentially explosive airbags, supplied by Takata....More
  • Newswire

    Ford Investigating Ex-Engineer After Listening Devices Found  

    The Detroit News reports the FBI last month raided the home of the 43-year-old mechanical engineer who was fired after company security found listening devices concealed in meeting rooms....More

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