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Nissan launches new mini wagon

Nissan Motor Co. is going to get back on a solid growth trend launching new mini vehicle model in Japan Thursday to beef up its lineup for the domestic market.

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Toyota worldwide hybrid sales hit more than 1 million

Toyota said Thursday global sales of its hybrid vehicles have topped 1 million, a landmark for the Japanese automaker that leads the world in "green" cars.

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China's Chery Auto announces sedan venture with Israeli partner

China's biggest domestic automaker, Chery Automobile Co., announced plans Thursday for a venture with an Israeli partner to make sedans and sport utility vehicles, possibly for export to the United States, a government news agency reported.

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Analysts Raise Doubts Whether Restructured US Chrysler Can Be Profitable

A day after Germany's Daimler sold its U.S. Chrysler division to a private equity firm in New York, there are doubts whether the U.S.-based company can return to profitability.

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Renault loses out as European car sales fall slightly in April

France's Renault SA once again lost out as European car sales slowed in April with gains in faster-growing eastern Europe failing to outweigh a slump in major car-buying nations Germany, France and Spain.

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Ford, Mazda begin production at joint venture engine plant in east China

Ford Motor Co., Japanese affiliate Mazda and China's Changan Automotive Group began full production Thursday at a new engine plant in eastern China's Nanjing aimed at supplying the companies' expansions in the fast growing market.

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France's Renault introduces low-cost Logan sedan in India

France's Renault SA on Tuesday is introducing its low-cost Logan sedan in India through a joint venture with local automaker Mahindra & Mahindra, boosting competition in the fast growing Indian car market.

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BMW opens its first manufacturing plant in India

German automaker BMW AG on Thursday opened its first manufacturing plant in India and rolled out the 3-series sedan for one of the world's fastest growing car markets, a news report said.

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