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Japan automakers extend shutdowns as quake impact widens
Mon, 14 Mar 2011Japan's seven big automakers are extending nationwide production shutdowns amid growing concern about supply chain interruptions, power shortages and export difficulties following the massive earthquake and tsunami that hammered northern Japan, killing thousands. Toyota Motor Corp., one of the few automakers with a major manufacturing presence in the quake zone, suspended all manufacturing--at both assembly and parts plants--on Monday and extended the shutdown through at least Wednesday as an added precaution. The company will lose output of roughly 40,000 vehicles over the three-day period, spokesman Dion Corbett said.
November auto sales jump 17 percent as market gains strength
Wed, 01 Dec 2010U.S. car and truck sales jumped 17 percent last month, raising hopes the industry will end 2010 on a high note while creating momentum for the new year. Light vehicle sales rose to 873,407 units in November, for the market's 11th advance in the past 12 months.
Geneva Show 2014: High-tech Lamborghini blows in
Tue, 04 Mar 2014PRIDE OF PLACE on the Lamborghini stand at the Geneva Motor Show this year was taken by the brand-new Huracan supercar. Tasked with replacing the popular and long-running Gallardo, the Huracan claims to be faster, more efficient and more high-tech than its predecessor. The biggest change is a switch in the construction, which now uses a mix of aluminium and carbonfibre to create a big increase in stiffness but a lighter structure.