SHANGHAI, March 27 (Xinhua) -- Dongfeng Motor Group Co., China's second largest carmaker, said Tuesday its 2011 net profit fell 4.6 percent year on year to 10.48 billion yuan (1.7 billion U.S. dollars). Sales revenue rose 7.4 percent year on year to...
The fortunes of American and Japanese automakers are reversing. The three big automakers in the United States - General Motors, Ford and Chrysler - all are profitable now after struggling financially(金融上) during the world economic downturn that...
This is IN THE NEWS in VOA Special English. This week the world's lowest-priced passenger car was launched in Mumbai, India. The Nano, made by Tata Motors, is expected to cause a transportation revolution for millions of Indian families. Tata Chairm...
Just one month after seeking government economic assistance, amid unprecedented financial turmoil in the auto industry, the 'Big Three' American Automakers - General Motors, Ford and Chrysler - are introducing new fuel-efficient vehicles, in an effo...
U.S. automobile companies suffered additional sharp losses in November, underscoring the threats facing the industry amid the U.S. recession. As VOA's Dan Robinson reports, the big three U.S. automakers have submitted details of their plans to restr...
