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U.S. car use falls as younger generation shifts gears: study
ReutersNEW YORK (Reuters) - Americans are driving less than they used to because of higher gasoline prices, a weak economy and changing generational preferences, according to a report released Tuesday that found a sixty-year "driving boom" had hit the brakes....Tags: Passenger Cars, Manufacturing and Engineering, Ford Motor Co., Automotive Equipment, Public Transportation
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Sedate Tuesday in US high-grade but more issuance expected
ReutersBy Shankar Ramakrishnan NEW YORK, May 14 (IFR) - A combination of a sell-off in US Treasuries and signs of indigestion after relentless supply over the last few weeks conspired to ensure a sedate Tuesday with only USD3.03bn was raised by six issuers....Tags: Manufacturing and Engineering, Goldman Sachs Group, Inc., Federal Realty Investment Trust, Automotive Equipment, Bank of America Corp.
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Nissan chief welcomes yen fall as a plus for exporting luxury Infiniti brand from Japan
AP Business WriterKAMINOKAWA-MACHI, Japan (AP) — Nissan Motor Co. President Carlos Ghosn welcomed the yen's recent decline to what he called "neutral" levels for the Japanese automaker's profitability, but said Tuesday it must drop further to be "normal." "The...Tags: Infiniti, Passenger Cars, Manufacturing and Engineering, Hybrid Vehicles, Fuel-efficient Vehicles
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Relations between automakers, suppliers have stalled -survey
ReutersBy Deepa Seetharaman DETROIT, May 13 (Reuters) - Recent improvements in rapport between automakers and their supply base stalled this year, a survey showed on Monday, with suppliers complaining about lack of communication, last-minute engineering changes...Tags: Manufacturing and Engineering, Ford Motor Co., Science and Technology, Automotive Equipment, Services and Shopping
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Indonesia president to name new finance minister this week
ReutersJAKARTA (Reuters) - Indonesia's president plans this week to name a new finance minister to oversee Southeast Asia's largest economy, acting finance minister Hatta Rajasa said on Monday, with Investment Chief Chatib Basri seen as the leading contender....Tags: Indonesia, Jakarta (Indonesia), Economy, Business and Finance, Finance, Southeast Asia
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Nikkei hits new 5-1/2-year high on weak yen; financials, exporters lead
ReutersTOKYO (Reuters) - Japan's Nikkei share average surged to a fresh 5-1/2-year high on Monday as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income. The benchmark...Tags: Weather, Manufacturing and Engineering, Weather Reports, Electronics, Sony Corp.
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CORRECTED-Panasonic sees profit rising 55 pct in shift from consumer gadgets
Reuters(Corrects headline, first two paragraphs to state operating profit will rise 55 percent to 250 bln yen, not more than triple to 160.9 bln yen) TOKYO, May 10 (Reuters) - Panasonic Corp forecast its operating profit will rise 55 percent in the year to...Tags: Consumers, Electronics, Science and Technology, Economy, Business and Finance, Sony Corp.
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Panasonic sees profit more than tripling in shift from consumer gadgets
ReutersTOKYO, May 10 (Reuters) - Panasonic Corp forecast its operating profit will more than triple in the year to March 31 as it steps back from struggling operations in TVs and other consumer gadgets in favour of selling machinery, components and electronic...Tags: Consumers, Electronics, Science and Technology, Sony Corp., Economy, Business and Finance
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Nikkei soars to a 5-1/2 year high as dollar sails past 100 yen
ReutersTOKYO (Reuters) - Japanese shares climbed to a 5-1/2 year high on Friday as the U.S. dollar broke through the elusive 100-yen mark and extended its gains, with exporters and financials leading the charge on prospects of enhanced corporate earnings. The...Tags: Suzuki Motor Corp., Weather Reports, Nikon Corp, Automotive Equipment, S&P 500
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Nikkei set to tap fresh 5-year highs as dollar breaks above 100 yen
ReutersTOKYO, May 10 (Reuters) - The Nikkei share average is expected to scale yet another five-year high on Friday as the U.S. dollar finally managed to break above the elusive 100 yen mark, putting the Japanese currency at levels that should generate robust...Tags: Suzuki Motor Corp., Manufacturing and Engineering, Unemployment Benefits, Sony Corp., Automotive Equipment
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Stocker to take helm of Japan airbag maker Takata
ReutersTOKYO, May 10 (Reuters) - Japan's Takata Corp said on Friday that Stefan Stocker will become its next president, a change that comes after the company's flawed airbags led to a multi-million vehicle global recall. Stocker, who is currently an corporate...Tags: Manufacturing and Engineering, Toyota Recalls, Ford Motor Co., Nissan Motor Co., Automotive Equipment
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RPT-Consumer Reports gives near-perfect score to Tesla Model S
ReutersBy Deepa Seetharaman DETROIT, May 9 (Reuters) - Consumer Reports magazine awarded a near-perfect score to Tesla Motors Co's Model S, citing the electric car's power, "pinpoint" handling and quiet, well-crafted interior. The score of 99 out of 100 puts...Tags: Tesla, Passenger Cars, Porsche, Consumers, Hybrid Vehicles
May 14, 2013
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May 14, 2013
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May 14, 2013
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May 13, 2013
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May 13, 2013
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May 13, 2013
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May 10, 2013
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May 10, 2013
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May 9, 2013
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May 9, 2013
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May 9, 2013
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Original site for Toyota Motor Corp. topic gallery.