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Nissan targets growth in Brazil despite sales slump
Nissan targets growth in Brazil despite sales slump

Nissan plans to maintain investment and increase its share in the Brazilian auto market.

Nissan targets growth in Brazil despite sales slump
Toyota to give away fuel-cell patents to boost industry
Toyota to give away fuel-cell patents to boost industry

Toyota will give away thousands of patents for its fuel-cell cars, it said Tuesday, in an effort to encourage other automakers into the new industry.

Toyota to give away fuel-cell patents to boost industry
Photo courtesy of Africa Eco Race-2015
Three Kazakhstani crews in Top-10 after 2nd stage at Africa Eco Race-2015

Three crews from Kazakhstan make it to Top-10 after Africa Eco Race-2015's 2nd stage.

Three Kazakhstani crews in Top-10 after 2nd stage at Africa Eco Race-2015
BMW leads Mercedes for US luxury car market crown
BMW leads Mercedes for US luxury car market crown

German automakers BMW, Mercedes-Benz and Audi are battling furiously to dominate the lucrative US luxury car market.

BMW leads Mercedes for US luxury car market crown
Toyota says on track for record full-year profit
Toyota says on track for record full-year profit

Toyota said it was on track to book a record $17.5 billion full-year net profit, as the company also lifted its revenue estimate.

Toyota says on track for record full-year profit
Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance. Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance. ©REUTERS
Renault chief sees Europe auto market slowing in 2015

French carmaker Renault chairman, Carlos Ghosn, said that he expects slower growth in Europe's auto market next year.

Renault chief sees Europe auto market slowing in 2015
Toyota shares rise on record profit report
Toyota shares rise on record profit report

Shares in Japanese auto giant Toyota advanced in Tokyo trade following a report it is set to book a record operating profit in the six-month period to September.

Toyota shares rise on record profit report
Peugeot says sales edge ahead in long haul out of crisis
Peugeot says sales edge ahead in long haul out of crisis

Peugeot Citroen said sales in China surged by almost half in the third quarter, keeping the French auto group on the road to meet annual targets under its turnaround plan.

Peugeot says sales edge ahead in long haul out of crisis
Kia to open $1 billion car assembly plant in Mexico
Kia to open $1 billion car assembly plant in Mexico

South Korean carmaker Kia Motors on Wednesday announced plans to build its first auto assembly plant in Mexico.

Kia to open $1 billion car assembly plant in Mexico
©Reuters
France's Peugeot gets approval for China plant: report

French auto maker PSA Peugeot Citroen's fourth plant in China has been approved for the southwestern city of Chengdu by local authorities.

France's Peugeot gets approval for China plant: report
Mercedes-Benz accused of 'price-fixing': China media
Mercedes-Benz accused of 'price-fixing': China media

China has accused Mercedes-Benz of price-fixing, state media reported, amid an anti-monopoly investigation into foreign carmakers.

Mercedes-Benz accused of 'price-fixing': China media
Ferrari sells for record $38 mln
Ferrari sells for record $38 mln

A red 1962 Ferrari 250 GTO Berlinetta, said to be one of only a handful, was snapped up for $38.1 million in California.

Ferrari sells for record $38 mln
Electric cars fail to rev up car-mad Germans
Electric cars fail to rev up car-mad Germans

Germany is ranked the most fuel-efficient country on the planet, but when it comes to electric vehicles, Europe's top economy is in the slow lane.

Electric cars fail to rev up car-mad Germans
Illustration ©tengrinews
Astana-Borovoye toll road to bring $6.5 million in 2014

Kazakhstan's first 6-lane toll road Astana-Borovoye is expected to bring $6.5 million into the state budget in 2014.

Astana-Borovoye toll road to bring $6.5 million in 2014
©Reuters/Toru Hanai
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.

Nissan says April-June net profit jumps 37% on-year to $1.1 bn
Formula One: S.Africa's Kyalami track to be sold
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.

Formula One: S.Africa's Kyalami track to be sold
Chrysler to recall 792,300 SUVs for ignition problem
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.

Chrysler to recall 792,300 SUVs for ignition problem
©Reuters/Benoit Tessier
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.

European car market recovers, Peugeot picks up speed
©Reuters/Daniel Munoz
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.

Bad day at the office: India hotel valet crashes Lamborghini
GM to invest $740 mn in new Argentina factory
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.

GM to invest $740 mn in new Argentina factory