Nissan says April-June net profit jumps 37% on-year to $1.1 bn
Nissan said Monday that net profit for the April-June quarter soared 37 percent to $1.1 billion, crediting robust overseas demand that offset weaker sales at home.
Formula One: S.Africa's Kyalami track to be sold
South Africa's Kyalami racetrack, which hosted Formula One Grand Prix races for nearly two decades, will be sold and could be lost to motorsport, auction organisers said.
Chrysler to recall 792,300 SUVs for ignition problem
Chrysler said it would recall up to 792,300 sport utility vehicles to fix an ignition-switch problem, the same part involved in the massive General Motors recall.
European car market recovers, Peugeot picks up speed
The number of new cars registered in Europe grew for the 10th consecutive month in June, according to industry data published Thursday, adding to evidence the embattled sector is recovering.
Bad day at the office: India hotel valet crashes Lamborghini
A valet at a five-star hotel in the Indian capital caused $335,000 worth of damage to a Lamborghini Gallardo after crashing it into a concrete wall in front of horrified guests, a report said.
GM to invest $740 mn in new Argentina factory
General Motors will invest $740 million in Argentina through 2016 on its first South American factory turning out aluminum motors, Buenos Aires announced.
We are together: Almaty Motor Fest 2014
Almaty Motor Fest exhibition was held in Almaty on June 15, 2014.
Honda recalls 2 mn vehicles worldwide for airbag defect
Japan's Honda Motor recalled more than two million vehicles worldwide over an airbag defect that could pose a fire risk.
GM recalls another 3.4 mn cars for ignition problem
General Motors on Monday recalled 3.4 million cars in North America to fix an ignition problem that could cause the car to lose power that is linked to injuries.
Ferrari may leave Formula One: report
Ferrari chairman Luca di Montezemolo may pull his team out of Formula One because it "isn't working" and the Italian firm may switch to sports-car competition, he told Friday's Wall Street Journal.
Nissan unveils newest all-electric vehicle
Nissan unveiled its second all-electric vehicle, the Japanese automaker's latest push into the eco-friendly car sector despite disappointing sales.
GM fires 15 over ignition scandal but says 'no coverup'
General Motors chief executive Mary Barra said Thursday that the company has fired 15 mostly senior executives over the deadly ignition scandal that has placed the automaker under federal investigation.
David Coulthard to drive Formula 1 car in Almaty on June 1
The Republic Square in Almaty will be closed for traffic on June 1st for the Reb Bull event involving a Formula 1 racing car.
Ford recalls almost 1.4 million cars in North America
US automaker Ford Motor issued safety recalls Thursday for nearly 1.4 million cars in North America, mostly in the US, to fix potential steering and other problems.
US wins WTO case against China on luxury cars
The WTO on Friday rejected Chinese tariffs on US-made luxury cars, handing Washington a victory on one of the growing number of disputes between the world's two largest economies.
Toyota recalls 520,000 vehicles globally
Toyota on Friday said it is recalling about 520,000 vehicles, mostly in North America, over several issues including cable corrosion that could see unused spare tyres fall off.
GM fined record $35 mn over ignition recall delay
The US auto safety regulator Friday imposed a record $35 million fine on General Motors for its failure to promptly recall cars with ignition faults linked to at least 13 deaths.
Formula One: F1 threatened by cash crisis
Formula One faces a serious cash crisis if it does not introduce serious cost-cutting measures, Williams' deputy team-principal Claire Williams warned.
Ford, Chrysler recall hundreds of thousands of vehicles
US automakers Ford and Chrysler recalled on Friday hundreds of thousands of vehicles, most of them in North America, to fix faulty software and mechanical problems.
Fifty years of Mustang cool: is China along for the ride?
From Steve McQueen to "The Fast and the Furious", the Mustang has long cruised through American pop culture, but Ford is hoping its snarling sports car will find a new generation of fans as it turns 50: in China.