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Latest Industry News
Honda Motor Co. warned its U.S. dealers Monday that it will run short of popular models such as the Civic compact later this summer because of parts supply shortages caused by Japan's earthquake.
Customs agents in Chile have detected low levels of radioactivity in cars shipped from the Japanese port of Yokohama.
How important is the Civic compact to Honda Canada? Beyond measure. The Civic is at the centre of the company's lineup -- more critical than the Accord midsize sedan and vastly more central to everything that is Honda.
U.S. President Barack Obama says oil companies are profiting from rising pump prices and he wants Congress to end $4 billion in annual tax breaks for the oil and gas industry.
A U.S. federal appeals court rejected a legal challenge that sought to bar implementation of a California regulation meant to force automakers to make and sell less polluting cars.
Spyker Cars came closer to getting much-needed investment from Russian Vladimir Antonov after Sweden's debt office on Thursday approved his application to become a shareholder.
Automaker Volkswagen AG sharply increased net profit to US$2.5 billion in the first quarter as stronger sales in emerging markets such as China, Argentina, and Russia more than made up for slumps in debt-stricken European countries.
The Chevrolet Volt and Nissan Leaf got top safety ratings in some of the first-ever tests of electric cars by an insurer-funded research group.
The Manitoba government is investing $1 million to develop a model for an all-electric transit bus that the province says could one day be used all over North America.
Ford posted its best first-quarter profit in 13 years, as its new, more fuel-efficient vehicles reached showrooms during a surge in gasoline prices.
Honda's India unit will halve auto production because of a shortage of components following the March tsunami in Japan, while Toyota Motor Corp. is cutting production by 70 per cent.
Ford Motor Co. says it has idled three overseas factories to conserve auto parts following last month's earthquake in Japan.
Toyota's car production in Japan plummeted a staggering 62.7 per cent in March due to a parts supply crunch following the earthquake and tsunami.
Some of the new Chinese cars unveiled at this week's Shanghai Auto Show are affordable for millions of buyers -- a happy development for Beijing that might prove costly for the global automakers producing them.
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