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Auto & Truck Manufacturers

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Ford CEO Says Product Portfolio Under Review

Thursday, 14 Dec 2017


Yamaha to sell 8 mln shares of Yamaha Motor

Tuesday, 28 Nov 2017

Nov 28(Reuters) - Yamaha Corp <7951.T>:Says it will sell 8 million shares (2.3 percent voting rights) of Yamaha Motor Co Ltd <<<7272.T>>>, on Dec. 4.Says it will cut voting power in Yamaha Motor to 9.9 percent from 12.2 percent .

Toyota Motor to merge with Tokyo-based unit

Monday, 27 Nov 2017

Nov 27 (Reuters) - Toyota Motor Corp <7203.T>:Says co plans to merge with co's Tokyo-based wholly owned unit Toyota Marketing Japan, with effective date on April 1, 2018.Says unit will be dissolved after merger.

VW CEO says greater spending discipline will help cut investments

Friday, 17 Nov 2017

Nov 17 (Reuters) - Vw :Ceo says will stand by ambtious targets of strategy 2025.Works council chief says high investments needed to underpin electric-car push.Works council chief says wolfsburg targets 820,000 vehicle output in 2020.Chairman says latest prosecutor searches not discussed at board meeting on friday.Ceo says greater spending discipline will help lower investments.

Ford Motor says FY capital spending outlook remains on track for about $7 bln

Thursday, 26 Oct 2017

Oct 26 (Reuters) - Ford Motor Co ::Says outlook for full year capital spending remains on track for about $7 billion- SEC filing‍​.Says ongoing capital spending amount to support development, growth, restructuring expected to be about $8 billion annually through 2020.Says now expect full year pension contributions to funded plans to be about $1.5 billion, higher than prior guidance of about $1 billion.Says plans to pull ahead about $500 million of 2018 planned pension funding into Q4 to achieve a cash tax benefit.

Toyota exec: Free access to EU market key for UK plant

Wednesday, 25 Oct 2017

Oct 25 (Reuters) - Toyota Motor Corp <7203.T> Executive Vice President Didier Leroy::free access to EU market for its UK plant is key.committed to UK plant.if Brexit talks move towards import, trade tariffs, will create big negative impact on competitiveness of UK plant.if Brexit talks postponed repeatedly, will have negative impact.does not see much growth in Japan in mid- longer term, but no plans to cut domestic production capacity.not shifting more production back to U.S. from Mexico, using opportunity to open new plant with Mazda.not playing politics in changing plant plans in Mexico.

Mahindra & Mahindra to invest 15 bln rupees in Nasik project

Friday, 10 Feb 2017

Mahindra and Mahindra Ltd : Says Mahindra to invest Rs. 1,500 crore in Nasik project for next phase of expansion . Project constitutes development and manufacture of new product codenamed U321, covering joint investment at Nasik and Igatpuri . Projects will qualify as ‘ultra mega project’ .Investment in the Nasik plant towards manufacture of vehicles, while investment in the Igatpuri plant will be for manufacture and supply of engines.


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