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GM says Sept China auto sales up 15.2 percent year-on-year

General Motors Co (GM.N) and its Chinese joint ventures sold 319,936 vehicles in China in September, up 15.2 percent from a year earlier, the U.S. automaker said on Friday

Oct 10, 2014 11:24 AM EDT


Nissan says Sept China auto sales down 20 percent year-on-year

Japanese automaker Nissan Motor Co Ltd (7201.T) said on Friday that, together with its Chinese joint venture partner, it sold about 93,700 automobiles in China in September, down 20 percent from a year earlier.

Oct 10, 2014 11:19 AM EDT


BMW outsells Audi, Mercedes but lead over rivals shrinking

BMW (BMWG.DE) outsold German rivals Audi and Mercedes-Benz in September thanks to strong demand in Europe, but the gap between the three luxury car brands has narrowed this year in a fierce sales race.

Oct 10, 2014 11:11 AM EDT


Nissan recalls 238,000 2013 Altima sedans on hood latch issue

Nissan Motor Co is recalling about 238,000 Altima sedans from the 2013 model year because a secondary hood latch may not hold, increasing the risk of a crash, U.S safety regulators and the company said on Friday.

Oct 10, 2014 11:03 AM EDT


Icahn urges Apple to buy back more shares

Billionaire activist investor Carl Icahn said Apple Inc's (AAPL.O) shares could double in value and urged the company's board to buy back more shares using its $133 billion cash pile.

Oct 09, 2014 11:32 AM EDT


Drop in U.S. jobless claims points to labor market strength

The number of Americans filing new claims for unemployment benefits fell last week to nearly its lowest level since before the 2007-09 recession, a sign of growing steam in the U.S. labor market.

Oct 09, 2014 11:28 AM EDT


Energy shares extend recent decline

Energy shares were once against the biggest losers of the day in morning trading on Thursday, continuing a recent trend of weakness amid falling oil prices.

Oct 09, 2014 11:01 AM EDT


BMW hires Ferrari's former chief engineer to polish tech prowess

BMW (BMWG.DE) has hired Ferrari's former chief engineer as it seeks to strengthen its technical prowess amid intensifying competition with rival German luxury carmakers Audi and Mercedes-Benz.

Oct 09, 2014 10:55 AM EDT


Audi sells fewer cars than Mercedes as competition intensifies

Audi (VOWG_p.DE) sold fewer cars than rival Mercedes-Benz for the first time this year in the latest sign that the sales rivalry among Germany's top luxury automakers is intensifying.

Oct 09, 2014 10:49 AM EDT


Five ways to get help with your 401(k)

When Chris Costello wanted to test his new online 401(k) advice service called blooom, he asked his sister if she would let him peek under the hood of her account.

Oct 08, 2014 11:47 AM EDT


Budget divisions overshadow EU jobs talks

French President Francois Hollande defended his push for an easing of European Union budget restrictions on Wednesday, potentially deepening divisions with Germany which is pressing Paris to move faster on reforms.

Oct 08, 2014 11:35 AM EDT


Adidas beefs up management as it seeks to revive fortunes

German sportswear firm Adidas (ADSGn.DE) has appointed two new senior managers as part of an ongoing overhaul of its top leadership aimed at making the firm quicker to respond to consumer trends to keep up with bigger rival Nike (NKE.N).

Oct 08, 2014 11:31 AM EDT


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