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Battered EU Car Market Shows Signs of Recovery

New car registrations in the European Union rose by 1.7% in April from a year earlier, according to latest industry data released Friday, giving hope to Europe's battered volume car makers that the market may be bottoming out after a 20-month downward spiral.Automobile sales in Europe have been sapped by sagging economic activity and rising unemployment that have undermined consumer confidence in the area. Chronically weak demand has forced the volume car makers in Europe into drastic efforts to slash costs and idle production lines to cut losses and prevent costly inventories from building up.At the same time, they have been trying hard to boost sales in more robust markets in Asia, Russia and Latin America.Registrations of new cars totalled 1.04 million vehicles in April, according to latest provisional data released by ACEA, an automobile industry group based in Brussels. ACEA attributed the increase in April -- the first monthly rise since September 2011 -- to two more working days...

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  2. China Auto Sales Up 13% in April; Growth Seen Slowing

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  10. Japan Shares Extend Rally; Toyota , Resona Climb

    Japanese stocks on Thursday extended their winning run after key U.S. indexes finished at record highs, with Toyota Motor Corp. climbing after the auto giant more th...

  11. ASIA MARKETS: Asia Stocks Rise On China Data; Tokyo Rallies

    Asian stock markets rallied on Wednesday after another record finish for key U.S. equity indexes and strong Chinese trade data, with Japanese shares edging closer to...

  12. Ford's China Sales Jump 37% in April

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  1. Toyota starts exports of French-built Yaris cars to North America

    Toyota Motor Corp <7203.T> has begun exporting French-made Yaris compact cars to customers in North America for the first time this month.Toyota said it planned to e...

  2. The Most Popular American Brands In China

    By 2030, roughly two-thirds of the world's middle class will be in the Asia Pacific region, largely in China, according to a report by Ernst & Young. Currently at ar...

  3. GM Eyes New Round of Expansion in Indonesia After Reopening Plant -International President

    General Motors Co. (GM) is considering a new round of expansion in Indonesia less than a week after rolling out a new model from a recently opened plant in the South...

  4. Yen Tumble Raises Specter of Currency War

    The yen weakened past 100 per dollar, giving Japanese Prime Minister Shinzo Abe a symbolic victory for his easy money policies, with markets bracing for further decl...

  5. Airbag maker Takata names first foreign president

    Japan's Takata Corp <7312.T>, reeling from a massive airbag recall, said on Friday it will replace its president with Swiss national Stefan Stocker, the first foreig...

  6. A Potentially Lucrative Investment Opportunity in Japan

    Lets be honest. Normally, the average stock trader isnt much concerned with whats going on with the yen or Japan for that matter. There are plenty of domestic stocks...

  7. Nissan Net Profit Surges 46%

    Nissan Motor Co. (7201.TO) logged a 46% rise in net profit in its fiscal fourth quarter lifted by a windfall from the weakening yen amid lackluster sales in China an...

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