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.