Auto Sector
warning: Creating default object from empty value in /home/topnewae/public_html/topnewsae/modules/taxonomy/taxonomy.pages.inc on line 33.

Mitsubishi Motors Corp. Plans to Stop Car Production in U.S Plant

Mitsubishi Motors Corp. Plans to Stop Car Production in U.S Plant On Friday, sources with knowledge of the matter said that Mitsubishi Motors Corp. is planning to end car production in U.S. The company has only one vehicle production unit in the country which it is likely to sell to another car manufacturer.

Toyota’s Chief’s Attempt to Diversity may Lead to Trouble

Toyota’s Chief’s Attempt to Diversity may Lead to TroubleAkio Toyoda's move in March of promoting three non-Japanese executives at top levels at headquarters of Toyota doesn't seem to be working well. The effort was intended in making the largest automaker of the world, more representative of the worldwide markets which it serves.

Recent Reports Show Car Buyers are Opting for Car Loans with Longer Duration

Recent Reports Show Car Buyers are Opting for Car Loans with Longer DurationNew surveys show that people buying new as well as old ones are opting for loans that stretch for a longer duration.

GM May Have to Pay Record High Penalty for Ignition Switches

General MotorsThe U.S. government is deciding whether General Motors or some of the company's employees will be facing criminal charges for faulty ignition switches in some of the models delivered by the car maker said a source that is familiar with the investigation.

Strong Sales in U.S Lifts Toyota’s Profit by 19%

Strong Sales in U.S Lifts Toyota’s Profit by 19%The strong sales figures in the United States and taking an advantage from the cheap yen, Toyota reported a record profit of $18.1 the fiscal year till March. As compared to last year, the profit increased by nineteen percent.

Toyota Remains on Top for Auto Sales

Toyota Remains on Top for Auto SalesThis time too Toyota Motor Corp. remained the top most auto selling company and surpassed Volkswagen AG for a third successive year due to its strong number of deliveries of SUV's in the U. S.

Fiat Chrysler Considering a Loyalty Share Scheme as it Plans a Spin-off for Ferrari

Fiat Chrysler Considering a Loyalty Share Scheme as it Plans a Spin-off for FerrariToday, FCA Chairman John Elkann said that Fiat Chrysler Automobiles has no intentions of replacing Amedeo Felisa as the CEO of Ferrari at this juncture when it is planning for a spin off.

When asked whether Felisa would be replaced by a new face in the coming months, he said, "There will be no CEO change." Since 2008, Amedeo has held the post of CEO of Ferrari.

Syndicate content