car manufacturers - updates

Rappler's latest stories on car manufacturers


PSA, Fiat Chrysler unveil merger of equals

Oct 31, 2019 - 6:05 PM

The PSA-Fiat Chrysler merger will be achieved via the creation of a parent company in the Netherlands, which would be the world's 4th largest automaker in terms of sales

Volkswagen to cut up to 7,000 jobs at VW brand

Mar 13, 2019 - 5:03 PM

The job cuts announced Wednesday, March 13, come on top of an existing restructuring program slashing 21,000 positions worldwide

JOB CUTS. The company logo of German car maker Volkswagen (VW) is pictured at the company's headquarters in Wolfsburg, northern Germany on March 12, 2019. Photo by Tobias Schwarz/AFP

Nissan cuts forecast in first earnings since Ghosn arrest

Feb 12, 2019 - 6:15 PM

The Japanese car manufacturer downgrades its net profit forecast for the fiscal year from 500 billion yen to 410 billion yen

Nissan president and CEO Hiroto Saikawa speaks during the company's financial results press conference at its headquarters in Yokohama on February 12, 2019. (Photo by TOSHIFUMI KITAMURA / AFP)

Toyota to build new factory in Malaysia

May 25, 2016 - 10:00 PM

The 489 million car assembly factory will begin operations in 2019

epa05144103 A visitor is reflected on the logo of a Toyota vehicle at the company's showroom in Tokyo, Japan, 05 February 2016. Strong US sales and cost-cutting pushed carmaker Toyota Motor Corp's net profit up by 4.7 per cent to 628 billion yen (5.37 billion dollars) in the last quarter, the company said. The world's top carmaker also booked an operating profit of 722.3 billion yen in the October-to-December quarter, down 5.3 per cent from the same period a year before. Sales grew 2.4 per cent to 7.34 trillion yen. EPA/CHRISTOPHER JUE

Nissan throws $2.2B lifeline to scandal-hit Mitsubishi Motors

May 12, 2016 - 10:26 AM

UPDATED Nissan will become Mitsubishi Motors top shareholder following their deal

Nissan to build cars in Myanmar for first time

Feb 17, 2016 - 9:45 PM

The Myanmar assembly line aims to produce 10 000 units a year says Nissan

epa04864554 (FILE) A file photo dated 02 April 2015 shoeing the Nissan car company logo on display at a press event at the 2015 New York International Auto Show at the Jacob K. Javits Center in New York City, New York, USA. Nissan Motor Co said 29 July 2015 its net profit for the April-to-June quarter rose 36.3 per cent year-on-year, to 152.8 billion yen (1.24 billion dollars) due to strong sales in North America and Europe. Japan's second-largest carmaker also reported a 58-per-cent rise in operating profit to 193.7 billion yen for the three-month period. Sales jumped 17.6 per cent to 2.9 trillion yen. The number of vehicles sold in the United States, Nissan's largest market, rose 11.5 per cent from a year earlier to 360,762 units, while domestic sales fell 11.2 per cent to 114,066. EPA/JASON SZENES

Volkswagen admits 11M cars have pollution cheating device

Sep 22, 2015 - 9:11 PM

UPDATED German auto giant Volkswagen reveal that 11 million of its diesel cars worldwide are equipped with devices that can cheat pollution tests a dramatic escalation of the scandal that has wiped a third off the company s market value and now threatens to topple its chief executive

PULLED OUT. A damaged Volkswagen car stands on the grounds of a scrap dealer in Hanover, central Germany, on September 22, 2015. Photo by Julian Stratenschulte / DPA / Germany Out / AFP

Solar eclipse, tech shifts in business, underboob selfies | SciTech4u

Mar 24, 2015 - 5:56 PM

A rare celestial event: March 20’s solar eclipse What are the 7 tech shifts happening right now? The underboob selfie riles up Thailand s officials

Nissan recalls more than 226,000 cars over faulty airbags

Jul 27, 2014 - 9:55 AM

The affected vehicles include the Infiniti I35 Nissan Maxima and the FX35 and FX45 Infiniti SUVs the 4X4 Infiniti QX42 and Pathfinder and Sentra models

Toyota to lift domestic output due to weak yen: report

Mar 23, 2013 - 11:21 AM

Toyota Motor plans to raise domestic production during the April September period by about 10