April 28 (Bloomberg) -- Honda Motor Co., Japan’s second- largest carmaker, forecast profit will drop 71 percent this fiscal year as the global recession and tighter credit cripples demand for cars. Net income will drop to 40 billion yen ($417…
FRANKFURT (Dow Jones)--Audi AG (NSU.XE) said Monday that its first-quarter operating profit fell 29% amid waning demand for luxury cars, but it reiterated that, despite an anticipated fall in 2009 car sales, it still expects to fare better in the…
Tata Motors Ltd., India’s biggest maker of trucks, will announce the number of bookings it has received for the Nano, the world’s cheapest car. Tata, based in Mumbai, may have got 1 million orders for the Nano, the Business Standard…
With concern of a green future and in answer to the Chinese government's appeal for energy-efficiency, global and domestic automobile manufacturers are showcasing their electric car models at the ongoing Shanghai auto show. Troubled carmaker General Motors is displaying the…
Chrysler completely redesigned its {{{Dodge Grand Caravan}}} and Chrysler {{{Town & Country}}} minivan twins for 2008, and as regular readers will know, we've become quite familiar with the Chrysler variant. Our Inferno Red Town & Country Limited long-termer now has…
Hyundai Motor Co. boosted its 2009 China sales forecast by more than 11 percent as tax cuts spur demand for small cars in its third biggest market. South Korea’s biggest automaker now expects to sell more than 400,000 vehicles in…
Most days a common, boring, good ol' four-door sedan makes all the sense in the world. It can comfortably swallow a nuclear family, even Lassie and Garfield, as well as a week's worth of groceries or travel bags. It is…
No electric car that is available now, or for at least the next two years, will qualify for government grants of up to £5,000 announced yesterday. Even the handful of concept cars currently being tested may be ineligible because ministers…
The idea is that buyers will be entitled to a discount on a new car if they scrap their old one. The scheme, which is billed as an environmental measure because new cars are more fuel-efficient, is intended to throw…
