Nissan Q3 up with record sales, improves market share

Nissan Motor Co is set to be Japan's most profitable of the three big automakers in 2012, after record car sales last year and improved market share in every major region pushed up quarterly operating profit, Reuters has reported. Nissan kept its...

Toyota eyes recovery with raised profit forecast

Toyota Motor Corp has raised its full-year profit forecast by more than one third, as it cuts costs, trims spending and expects Japanese government schemes to boost sales, Reuters has reported. Japan's largest automaker now expects operating...

AW Rostamani eyes Honda sales boost in India

UAE-based AW Rostamani Automotive, which owns the Honda dealership in the Indian capital of New Delhi, is looking to expand in other cities, Khaleej Times has reported. "Our strategy is to expand Honda within India. In areas where Honda will have...

Oil industry not threatened by electric car, report shows

Major global oil companies have said that few, if any, of today's drivers will see electric cars outnumber gasoline and diesel models in their lifetimes, Reuters has reported. BP and Exxon have released data during the past two months which points...