Rivals Nippon Steel and Sumitomo Metal Industries will merge to create the world’s second largest steel producer.
Continue reading Nippon Steel and Sumitomo Metal Industries Forge Merger
Nippon S…
The world’s largest automaker is looking to reduce managerial staff at its sales headquarters in Torrance, Calif., by offering workers a buyout.
Continue reading Toyota Offers California Employees Buyouts to Sl…
Despite wintry weather across much of the nation, Americans were in a car-buying mood last month, boosting most automakers’ sales by double-digit percentages compared to a year ago. Analysts estimate that January’s sales reache…
Ford Motor said sales of its cars and trucks rose 13.3% in January on improved demand by consumers, bucking last year’s trend, when sales to fleet customers largely drove the increase. For the month, the automaker sold 127,317 …
General Motors sales rose 21.8% in January compared to a year ago on strong sales across its lines of passenger cars, “crossover” vehicles and trucks, the automaker said Tuesday. Each of the automaker’s four divisions recorded …