General Motors Co said on Tuesday it will invest about $2 billion in 17 U.S. plants, including one here that makes transmissions for small cars, as the automaker shifts from recovery mode to investing in future products.
IBT Staff Reporter
May 10, 2011
Toyota Motor Corp <7203.T> on Tuesday denied a report its output would return to pre-quake levels two or three months earlier than expected, but said it will try to resume normal production as soon as possible.
IBT Staff Reporter
May 10, 2011
Apple has overtaken Google as the world's most valuable brand, ending a four-year reign by the Internet search leader, according to a new study by global brands agency Millward Brown.
IBT Staff Reporter
May 09, 2011
Following the shut down of Chubu nuclear power plant in Hamaoka, central Japan on Monday, the shares of Japan’s Chubu Electric saw a steep decline in the market.
Nagesh Narayana
May 09, 2011
US carmakers posted strong numbers for car sales in April 2011 while Japanese carmakers struggled with the disruptions caused by the 2011 T?hoku earthquake.
Hao Li
May 03, 2011
Japan's devastating earthquake in March has taken its toll on the country's automakers according to new data unveiled on Monday.
Johnathan Davis
May 02, 2011
U.S. auto sales are expected to show a 16 percent increase for April, as the sales crunch dealt by the Japanese earthquake and tsunami is not expected to show up in new auto purchases until May, automakers and analysts said.
IBT Staff Reporter
May 02, 2011
The year 2011 hasn’t been kind to Toyota and Alabama tornadoes just set it further back.
Hao Li
Apr 28, 2011
Top Asian car makers Honda Motor <7267.T> and Hyundai Motor <005380.KS> painted vastly different portraits on Thursday, with Hyundai turning in a stellar quarterly performance while Honda struggled to overcome supply woes after Japan's devastating earthquake.
IBT Staff Reporter
Apr 28, 2011
Hyundai Motor Co <005380.KS> reported a 47 percent jump in quarterly profit on Thursday, sending its shares to a record high, with investors betting earnings will continue to grow as Japanese rivals struggle with a production slump.
IBT Staff Reporter
Apr 28, 2011
Hyundai Motor Co <005380.KS> reported a 47 percent rise in quarterly profit on Thursday and said earnings would continue to grow thanks to strong global demand for new models and as Japanese rivals struggle with the aftermath of the March 11 earthquake and tsunami.
IBT Staff Reporter
Apr 28, 2011
South Korea's Hyundai Motor Co <005380.KS> reported a 47 percent rise in quarterly net profit on Thursday, driven by strong global demand for its new models and as its Japanese rivals grapple with the aftermath of the March 11 earthquake and tsunami.
IBT Staff Reporter
Apr 28, 2011
Toyota Motors USA is recalling approximately 51,000 Tundra trucks (2011 model year) to inspect the rear drive shaft, the carmaker said in a statement on Wednesday.
IBT Staff Reporter
Apr 27, 2011
Silver tumbled on Tuesday and Asian shares pulled back from recent three-year highs in a bout of profit-taking before the Federal Reserve meeting this week where investors are seeking clues on when it plans to begin exiting its ultra-easy monetary policy.
IBT Staff Reporter
Apr 26, 2011
Toyota Motor Co may slip to No. 3 in the automaker production rankings behind General Motors and Volkswagen due to Japan's earthquake and nuclear crisis, which slashed local output by almost two-thirds in March alone.
IBT Staff Reporter
Apr 25, 2011
Asian stock markets ended mixed on Monday as Chinese shares declined to the lowest level in three weeks on monetary policy tightening concerns.
Satya Nagendra Padala
Apr 25, 2011
Toyota Motor Co <7203.T> may slip to No.3 in the automaker production rankings behind General Motors and Volkswagen due to Japan's earthquake and nuclear crisis, which slashed local output by almost two-thirds in March alone.
IBT Staff Reporter
Apr 25, 2011
Toyota Motor Co <7203.T> is set to lose its crown as the world's largest automaker after Japan's earthquake and nuclear disaster slashed local output by almost two-thirds in March.
IBT Staff Reporter
Apr 25, 2011
Toyota Motor Corp <7203.T> said it could take until the end of the year before production has fully recovered to levels before the massive earthquake and tsunami on March 11 devastated Japan's northeast, disrupting the supply of key parts.
IBT Staff Reporter
Apr 22, 2011
Toyota Motor Sales on Thursday said that it intends to conduct a voluntary Safety Recall of 300,000 sport utility vehicles in the United States to fix faulty airbag sensors.
IBT Staff Reporter
Apr 22, 2011
Asian stock markets ended slightly lower in holiday-hit trading on Friday. Many markets including Australia, Hong Kong Jakarta, Singapore, Manila and India were closed for public holidays.
Satya Nagendra Padala
Apr 22, 2011
Toyota Motor Corp said on Thursday it would recall about 333,000 RAV4 and Highlander SUVs because of the risk airbags sensors could fail and cause the curtain airbags to deploy.
IBT Staff Reporter
Apr 21, 2011