Ian Rowley News
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Typhoon Songda is weakening and expected to pass to the south of Japan, avoiding the crippled nuclear plant in Fukushima prefecture.
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China’s passenger-car sales in April rose 1.3 percent from a year earlier to 1.08 million units, China’s Passenger Car Association said today in an e-mailed statement.
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General Motors Co . and Volkswagen AG expect to boost vehicle sales in China faster than the nation’s economic growth rate, defying government policies to curb sales and threatening Toyota Motor Corp.’s standing as the world’s largest carmaker.
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Toyota Motor Corp. led U.S. sales gains by Asian carmakers with a 42 percent surge in February, the biggest in at least 10 years, even after the Japanese company recalled 2.2 million vehicles last week.
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Suzuki Motor Corp. won European regulatory approval for a fuel-cell powered motorbike, the company said today in a statement.
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Mitsubishi Corp. will spend about 40 billion yen on two wind power generation projects in the U.S., the Nikkei newspaper reported today, without saying where it got the information. It will manage two power generation plants in Idaho with Ridgeline Energy LLC and others, the paper said. One of the plants has started operations and the other will begin in November, it reported.
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Toyota Motor Corp. , Nissan Motor Co . and Honda Motor Co. said car production in China was unaffected after the strongest earthquake on record in Japan forced parts makers to halt plants.
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General Motors Co. will introduce its first car in China under the new Baojun brand on Nov. 18, it said today in a statement.
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General Motors Co. , the largest overseas carmaker in China, has failed to replicate that success in India. To crack the market, the Detroit-based carmaker is enlisting its partner in China, SAIC Motor Corp.
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Toyota Motor Corp . introduced its cheapest Lexus yet in Japan as the automaker struggles to replicate the luxury brand’s U.S. success in its home market.
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