Ford Motor Co, which owns 11 percent of Mazda Motor Corp, has not yet fully discussed its long-term relationship with the Japanese automaker but is pleased with the current setup, a top Ford executive said on Thursday.
BMW surpassed August's global sales volumes for its core brand not just versus last year's month but for those of 2007 and 2008 as well, underlining the strength of the recovery in the premium car market.
Americans applied to buy homes at the highest pace last week since May, but more than 8 of every 10 loan requests was for a refinancing, Mortgage Bankers Association data show on Wednesday.
South Korea's Hyundai Motor Group has picked Goldman Sachs to advise it on a bid for a $2.1 billion stake in builder Hyundai Engineering & Construction, a source close to the matter said on Wednesday.
Nissan Motor Co and its Chinese partner Dongfeng Motor Group unveiled on Wednesday a new brand for their local passenger car venture, saying the first model would be introduced in 2012.
Offshore debt sales spurs confidence that the borrowers have the resources to weather a slowing economy, make clear by the fact that bonds issued by China developers are rebounding from their worst first half in two years as a record $6.8 billion, according to Bloomberg.
Like everything else, there are two sides to this supposed upside of a buoyant property market in several Asian countries.
Toyota Motor Corp plans to begin producing a hybrid version of the Yaris subcompact at its factory in France in the business year starting next April, the Mid-Japan Economist newspaper said.
Daimler could resume its dividend this year at nearly twice 2008's rate and may bring forward a planned bond issue.
Italian car maker Fiat SpA will hire Toyota Motor Europe's Andrea Formica to head sales at its four-brand automotive group, Automotive News Europe said, citing sources familiar with the matter.
Hyundai Motor's steady climb in the global auto industry has nurtured a strong base of local suppliers, and South Korean parts makers could be looking at more business overseas after adding premium car brand BMW to their list of clients.
Network Communications Inc, the company behind U.S.-based real estate-related publications such as The Real Estate Book, said on Friday it signed its fourth extension on a standstill agreement with lenders as it continues talks on restructuring debt ahead of a November expiration.
The percentage of U.S. home sellers who cut their asking price fell in August, the first time in five months, with price reductions holding steady from the month before, real estate website Zillow.com said.
A further downturn in the battered U.S. housing market has put the Obama administration in a tough spot with few tools to stem foreclosures ahead of congressional elections in which Democrats face big losses.
The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
Nissan Motor is open to a green car alliance with Chinese automakers, a senior executive said on Saturday, as it moves to tap the fledgling industry in the world's largest auto market.
Major Chinese automaker Chongqing Changan Automobile is in talks with Ford Motor to expand their partnership beyond China, a senior Chinese executive said.
Japan's Suzuki Motor Corp said it will build its fourth auto plant in India, boosting its output in one of the fastest growing car markets to 1.5 million units a year.
China's top economic planner and a leading government-backed research body disagreed at an auto industry forum over whether the world's largest auto market is facing excessive capacity after breakneck growth in 2009.
Frequent trips to the Met's Egyptian rooms in New York inspired Leede's debut Ra Collection of textiles, which features block-printed Ancient Egyptian motifs and a subtle, earthy palette.
The Pending Home Sales Index,* a forward-looking indicator, rose 5.2 percent to 79.4 based on contracts signed in July from a downwardly revised 75.5 in June, but remains 19.1 percent below July 2009 when it was 98.1.
General Motors' new boss Dan Akerson sent his first letter to staff on Thursday, saying he valued the role of organized labor in the company's success as GM heads into negotiations with its union-represented U.S. workers next year.
Autoliv, the world's biggest maker of air bags and seat belts, has seen stable demand despite expectations for slower car production in the second half of the year.
South Korean automakers Kia Motors and Hyundai Motor Co are in talks with IzhAvto on the assembly of cars at the distressed Russian company's plant.
South Korea's No. 2 automaker Kia Motors said on Friday that it had started a recall of some Soul and Sorento vehicles sold worldwide because of a fire hazard.
Automaker General Motors Co plans to begin courting investors for its initial public offering immediately after the November 2 U.S. midterm congressional elections.
Two top U.S. Federal Reserve officials on Thursday called for a more community-focused approach to the country's ongoing foreclosure crisis, which is weighing on its economic recovery.
German carmaker Volkswagen is planning a new assembly line at Russia's GAZ in order to boost production in the booming market.
German new car registrations in August were 27 percent lower than a year ago when buyers enjoyed the last of the government's car scrappage incentives, according to official data published on Thursday.
Pending sales of previously owned U.S. homes rose unexpectedly in July, an industry group said on Thursday, suggesting a tax credit-related housing market decline was close to bottoming.
