Automaker News

Fiat, whose shareholders vote Friday on the merger with Chrysler, said net profit was 197 million euros , compared with 435 million euros in the same period last year.

From a rare made-in-America 1925 Rolls-Royce to the Mercury convertible that started life in the 1964 World's Fair, each of the more than 250 vehicles on display at Sunday's Concours d'Elegance of America at the Inn at St. John's had a story behind it.

European stocks were lower Wednesday ahead of U.S. economic data while cheery earnings from major Japanese companies such as Honda Motor Co.

Volkswagen is closing in on Toyota Motor Corp as the global leader in vehicle sales, with a rapid expansion drive in China - the world's biggest auto market - while Toyota curbs growth to focus on shoring up quality.

Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal.

The Detroit-based company was the former finance arm of automaker General Motors, but now it operates as an auto finance company and bank after being bailed out by the government.

The company said Tuesday its quarterly sales dropped 46 percent from a year ago for its military vehicles.

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Honda's quarterly profit surged nearly 20 percent on demand for remodeled cars in Japan and elsewhere in Asia.

KEEPING SCORE: Japan's Nikkei 225 added 0.6 percent to 15,618.07. South Korea's Kospi posted its highest close since August 2011, rising 0.6 percent to 2,061.97.

At 9:43 a.m., the rider was heading north on Stony Point Road when the driver of a Jeep Cherokee moving in the opposite direction make a left turn on Lazzini Avenue in front of the rider, police said.

The Los Angeles Police Department held a press conference at 4 p.m. Monday to announce the arrest of four suspects in connection with the murder of USC graduate student Xinran Ji .

The dynamism reflected in a series of newly-developed Internet delivery products from COMPS InfoSystems, Inc., the nation's leading commercial real estate information service, continues to unfold with the introduction of its Pipeline search engine at a demonstration event today in Denver, Colorado before a select group of key industry ... (more)

An influential consumer magazine on Monday called on Toyota Motor Corp. to recall about 177,500 older Camry hybrid sedans to address potential power brake defects.

Ford Motor Co. said Monday that base prices of its aluminum-body 2015 F-150 pickup will be as much as $3,615 more on some models than the 2014 F-150s now in showrooms.

'General Motors deserves no praise. We did what we should do,' said Dan Akerson, former president and CEO.

A Nissan test drive car is displayed at the company's dealership in Tokyo July 28, 2014.

Nissan Motor Co. reported a better-than-expected income of 112 billion yen for April-June, up from 82 billion yen a year earlier.

Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings or revenue that exceeded analysts' projections in their latest quarters.

Tata Consultancy Services is India's largest software exporter by revenue. The company-part of the Tata Group, whose interests range from salt to airlines to cars-on Wednesday became the first Indian company to surpass five trillion rupees in market capitalization.