Autos
Nissan to recall 841,000 vehicles due to steering wheel glitch
TOKYO - Nissan Motor Co Ltd will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch, Japan's No.2 automaker said on Thursday.
Ford to close Australia auto plants
SYDNEY - Ford Motor Co said on Thursday it is closing its two Australian auto plants and will cease production in the country in October 2016.
Fisker fields $20 million offer from Bob Lutz, Wanxiang: sources
DETROIT/TOKYO - A team including former General Motors Co executive Bob Lutz and China's largest parts maker is looking to buy Fisker Automotive for $20 million, a fraction of the "green" car company's estimated worth almost a year and a half ago.
Mercedes dealer review opens home front in luxury war
FRANKFURT - How many Mercedes staff does it take to sell a car? The answer, in the luxury carmaker's German showrooms, is more than it takes to shift an Audi - just part of the cost gap Daimler wants to close with its premium rivals.
Exclusive: Bob Lutz, Chinese in bid to buy Fisker Automotive - sources
DETROIT - A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer this month to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said.
Fiat says moving headquarters to U.S. not on agenda
MILAN - Italian carmaker Fiat SpA said on Thursday the idea of moving the group's legal headquarters to the United States is not on the agenda.
Insight - Bank documents portray Cyprus as Russia's favourite haven
NICOSIA - When the Cyprus bank run began earlier this year, Russians set much of the pace. Documents seen by Reuters show that as the Mediterranean island headed towards financial meltdown in March, most notable among companies transferring money from the country's two main banks were Russians and East Europeans.
Ford to build small SUV in Russia for local market
FRANKFURT - Ford Sollers, the Russian joint venture of U.S. carmaker Ford Motor Co , will build the EcoSport in Russia next year, at a time when the market for small SUVs is gaining traction in the country, Ford officials said on Tuesday.
Ford to build small SUV in Russia for local market
FRANKFURT - Ford Sollers, the Russian joint venture of U.S. carmaker Ford Motor Co , will build the EcoSport in Russia next year, at a time when the market for small SUVs is gaining traction in the country, Ford officials said on Tuesday.
Chrysler recalls 469,000 SUVs worldwide over gearshift problem
- Chrysler Group LLC is recalling about 469,000 SUVs worldwide to update software after some vehicles' circuit boards were found to be transmitting signals that trigger inadvertent gear shifts to neutral, the No. 3 U.S. automaker said Saturday.
Asian stocks shaky, Nikkei still seen vulnerable
SYDNEY - Japanese stocks turned negative on Friday and the yen reversed early losses, keeping intact worries that the Nikkei's largest one-day drop in two years may be the start of a bigger rout.
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