STOCKHOLM - Global truck maker Volvo posted a surprise rise in core quarterly profit on Friday as deep cost cuts more than made up for lacklustre demand in some major markets, sending its shares up 10 percent. | Video
TOKYO - Honda Motor Co will continue to do business with Takata Corp , a senior executive at Japan's third largest automaker said on Friday, even as defective Takata airbags threaten to expand a recall already affecting 5 million Honda cars in the United States.
TOKYO - Toyota Motor Corp said on Friday it had sold some of its shares in Tesla Motors Inc but that it would continue to study possible cooperation with the U.S. electric car maker in the future.
NEW YORK - GM Financial, the in-house financing arm of General Motors Co, said on Thursday it received subpoenas in September from state attorneys general and other authorities over its subprime auto lending and securitisation practices.
LONDON - The Caterham Formula One team was on the brink of collapse on Thursday with employees locked out of the factory while past and present management traded accusations over who was to blame.
HELSINKI - Nokia delivered quarterly profits well above expectations on Thursday, six months after selling its struggling handset business to Microsoft in a 5.6 billion euros (4.42 billion British pounds) deal that transformed it into a pure play network equipment maker.
FRANKFURT - Daimler AG lifted sales and profits at its core Mercedes-Benz luxury car division in the third quarter, showing how the group is narrowing the gap with rivals Audi and BMW.
SEOUL - Hyundai Motor is considering paying its first ever interim dividend next year, its president said on Thursday, in an apparent bid to appease investors angered by its involvement in a $10 billion (6.24 billion pounds) purchase of a trophy property in Seoul.
TOKYO - Nissan Motor Co said on Thursday it is recalling 260,000 vehicles globally due to a defect in driver-side air bags made by Takata Corp .
TOKYO - Honda Motor Co said on Thursday its president and 12 other executives would take an unprecedented pay cut after the Japanese automaker announced the fifth recall in a year of its new Fit model.
Car makers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down. Video