The National Highway Traffic Safety Administration said they are investigating 1,732,000 Honda Motor vehicles over reports of inadvertent braking that boosts the risk of a crash. The investigation comes a week
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Mahindra and Mahindra Ltd reported a 57% increase in third-quarter profit on Thursday, aided by higher revenues that offset a boost in costs due to supply chain disruptions and ongoing
Honda Motor has raised its full-year operating forecast on Wednesday, following cost cuts and a weak yen even though the global chip shortage crisis continues. It upgraded its recent forecast
Great Wall Motor will invest 11.5 billion yuan ($1.81 billion) over the next decade in building electric vehicles in Brazil where it has acquired a factory from Daimler AG. The Chinese
Toyota Motor will stop more production in Japan this month due to an increase in COVID-19 infections among autoworkers which had slowed supplies of parts, the automaker said on Monday.
Toyota Motor will need to build 700,000 vehicles worldwide in February, an increase of 10% on the year, but will still have to make a million more in March in
Carlyle Group purchased a 10% stake in logistics company Hyundai Glovis worth about 611 billion won ($510 million), Hyundai Motor Group said on Wednesday. The shares in the Hyundai Motor
Toyota Motor has outsold General Motors in the United States for 2021, marking the first time the American automaker has not led U.S. auto sales since 1931. Toyota sold 2.332 million
Toyota Motor on Tuesday reported a 10.4% increase in U.S. auto sales for 2021. The result shows that the automaker overcame supply chain snarls to meet demand from customers. The
Hyundai Motor and affiliate Kia Motors on Monday said that their combined global sales will increase 12.1% in 2022, even as last year’s sales couldn’t meet the sales target due
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