General Motors (GM) slashed its earnings forecast for 2019, saying that a 40-day US labour strike by the United Auto Workers (UAW) union that brought virtually all of its North American
Strong growth forecast for global auto sales in 2021 with Europe strongest, barring anything unexpected. South Korea’s Hyundai Motor Co and affiliate Kia Motors Corp on Monday forecast combined global vehicle sales will jump 11.5 per cent in 2021
Major automakers think US President Donald Trump will again this week push back a self-imposed deadline on whether to put up to 25% tariffs on national security grounds
The Central government might soon call a meeting with automobile industry stake-holders to discuss measures to arrest the continuous decline in the sector’s sales, sources privy to the development said.
Japan’s exports slipped for a ninth straight month in August as international trade tensions ramped up risks for the world’s third-largest economy, although the decline was slightly
Japan’s top government spokesman said on Wednesday that auto import restrictions by Washington would adversely affect the US and global economies.
Peugeot maker PSA Group has weathered the weaknesses in the automobile sector and able to register remarkable results. Besides, its merger partner Fiat Chrysler
The second edition of the UAE China Tyre & Auto Parts Expo, supported by the Sharjah Chamber of Commerce and Industry and organised by Inter-Commerce Expo,
Major Japanese automakers have raised their profit forecast as demand for vehicles from China rose after the slump due to coronavirus pandemic. Toyota Motor Corporation more than doubled its full-year operating profit
Toyota Motor Corp forecast its profit would bounce back to pre-pandemic levels this year, as the world’s biggest automaker exuded confidence it can tackle a global chip shortage that has stung its rivals. Japan’s top automaker, which has been stockpiling the