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Honda Supplier in China Suffers Strike

them to raise wages. Automakers say rising labor costs wont deter them from increasing capacity as demand for cars rises in the worlds largest auto market. Atsumitec, a producer of engine parts, also supplies Mitsubishi Motors Corp. and Nissan, according

Prices of cars sold are up to an average of $29,217

While sales of cars and trucks in the U.S. continue to be more sluggish than expected, automakers – especially the Detroit Three – are enjoying the largest increase in average transaction prices in

Toyota Extends Development Time

executive starting in sixth paragraph.) July 7 (Bloomberg) — Toyota Motor Corp. is taking more time to develop cars and trucks and faces higher expenses as the worlds largest carmaker seeks enhanced vehicle quality following its worst recall crisis. The

Toyota warns of Lexus engine defects

LS600hL – as well as Crown sedans. As many as 270,000 units worldwide, including some 90,000 cars in Japan, may be affected if the company decides to pull the models. The world’s largest automaker has been hit by a series of safety recalls and has pulled

Kia Motors set to roll out compact cars, sedans in…

development said. The company, partly owned by South Korea’s largest carmaker Hyundai Motors, will bring in compact cars, hatchbacks and entry-level sedans initially and will expand into compact sports utility vehicles later, said the person requesting

Largest Private Car Collection Closer to Getting a Home

LeMay, founder of a waste management business in Washington State, amassed a collection of more than 3,000 cars, the largest of its kind, according to the Guinness Book of World Records. In 1998, Mr. LeMay formed a nonprofit organization, the Harold E.

Readers vote BMW designs top in 3 segments

of the largest-circulation car magazines in the world, and 20 of its European sister magazines selected the best-designed cars of the year in May – and BMW took three of the five categories. Awards went to BMW for its 5 Series Saloon, X1 and Vision

We are now taking position of a trusted innovator:…

second-largest carmaker, has lined up ambitious growth plans for the Indian market. Encouraged by the scorching demand for cars over the last year and rising competition, the company has decided to launch at least three new car models every year to keep

Ethnic rioting in Kyrgyzstan

Cars and houses have been set on fire as a state of emergency is declared in the country’s second largest city Osh

Retail sales in May plunge by largest amount in 8…

sales plunged in May by the largest amount in eight months as consumers slashed spending on everything from cars to clothing. The big drop raises new worries about the durability of the economic recovery. The Commerce Department says that spending fell