DETROIT, Nov 2 - One of main lessons of the brutal U.S. recession -- that loose credit terms can come back to bite lenders...
DETROIT, Nov 2 - BMW <BMWG.DE> expects a slower recovery in 2010 U.S. auto sales than anticipated just a few months ago with consumer debt remaining a drag on the developing rebound, the automaker's president...
Shanghai, October 29 (Gasgoo.com) China will lead the U.S. for a "long time" as the world's biggest auto market, where demand will grow next year even as stimulus measures are reduced, said Nick Reilly, General Motors' international operations president, Bloomberg reported.
The U.S. and China agreed to relax agriculture, technology, travel and other trade restrictions ahead of President Barack Obama's first visit to Beijing in November.
* Oct. U.S. auto sales seen at 10.3 mln annual rate * First single-digit drop in monthly sales in 17 mos * J.D. Power maintains 2009 forecast at 10.3 mln units DETROIT, Oct 23 -...
* CSM raises 2010 U.S. market outlook to 11.8 mln units * J.D.Power keeps 2010 forecast at 11.5 mln units * Recovery signs strong, industry not fully out of woods DETROIT, Oct 21 - U.S....
* Makers introduce electric car concepts at Tokyo Motor Show * Executives worried about weak dollar, look beyond U.S. * Low turnout, no major overseas carmakers attending * Some see new opportunities related to electric...
Hong Kong-listed Li & Fung Ltd<0494>, the world's leading consumer goods exporter, Monday said its wholly-owned subsidiary, LF USA Inc, would buy the young men's and children's apparel business in U.S.-based fashion brand manager Wear Me Appeal, LLC for US$100 million, as part of its efforts to expand...
* Senator Boxer says bill likely to advance in November * Senator Kerry sees "breakthrough" with Graham support * Many doubt law will emerge before Copenhagen summit WASHINGTON, Oct 13 - Democratic U.S. senators pushing...
TOKYO, Oct 13 - Japanese specialty chipmaker Rohm Co Ltd said on Tuesday that it will buy all the shares of U.S. MEMS sensor-maker Kionix Inc for an undisclosed sum as it seeks growth in...