| Toyota becomes Asia’s biggest firm by market value |
May 16th, 2013 |
TOKYO– Toyota has accelerated past South Korea’s Samsung Electronics to become Asia’s biggest company by market value, after the Japanese automaker’s shares doubled in the past year. Toyota’s market capitalization stood at 22.23 trillion yen ($217 billion) on Thursday, beating out the Galaxy smartphone and tablet computer giant which was worth the equivalent of ...
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| Toyota grows past Samsung to become Asias biggest firm |
May 16th, 2013 |
(15 mins ago) Toyota has accelerated past South Korea's Samsung Electronics to become Asia's biggest company by market value, after the Japanese automaker's shares doubled in the past year. Toyota's market capitalisation stood at 22.23 trillion yen on Thursday, beating out the Galaxy smartphone and tablet computer giant which was worth the equivalent of 20.32 trillion yen, ...
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| Honda to Return to F1 in 2015 as McLaren Engine Supplier |
May 16th, 2013 |
TOKYO ...
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| Gran Turismo 6 announced due out this year |
May 16th, 2013 |
has been officially revealed at an event celebrating the video game’s 15th anniversary, with the latest instalment set to be released ';during the holiday season';. The sixth iteration of a franchise that began with the original Gran Turismo driving simulator in 1998, Gran Turismo 6 was announced at the UK's Silverstone Grand Prix circuit by the game's designer Kazunori ...
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| Porsche 918 doesn’t need more power to rival LaFerrari P1 report |
May 16th, 2013 |
will not get a power upgrade despite trailing the outputs of its recently released hybrid hypercar rivals, the brand’s product chief has confirmed. In an interview with the UK’s Car ...
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| Renault signs on as supplier for electric Formula E championship |
May 16th, 2013 |
Renault Sport Technologies' managing director, Formula E Holdings' CEO and the president of Spark Racing Technology - will see the 42 Formula E single-seater racers named as Spark-Renaults. Renault Sport Technologies managing director Patrice Ratti said engineers from Renault Sport F1 and Renault Sport Technologies will collaborate with Spark Racing Technology's team to optimise ...
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| Ford consolidating Fiesta production in Thailand |
May 16th, 2013 |
Ford Motor Co. plans to free up much-needed production capacity in North America by shifting manufacturing of its Fiesta subcompact car to Thailand in 2016, according to sources familiar with the company's plans. The automaker plans to move Fiesta manufacturing from its ...
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| Fiat said to be considering headquarters move to U.S. |
May 16th, 2013 |
Fiat SpA, Italy's biggest manufacturer, is considering moving its corporate headquarters to the U.S. following a planned merger with Chrysler Group LLC, three people familiar with the matter said. Chief Executive Officer Sergio Marchionne is evaluating the switch from Turin, where Fiat was founded in 1899, to the U.S. as the carmaker's revenue and profit center shifts to North America, ...
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| Feds aim to foil traffic hacking |
May 16th, 2013 |
Washington - The top U.S. auto safety regulator said the agency would take action to ensure self-driving cars electronically connected to traffic networks and to each other can't be hacked. National Highway Traffic Safety Administrator David Strickland told the Senate Commerce Committee that the agency has asked for $2 million for a new office dedicated to electronic issues. "NHTSA ...
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| White House not backing plan to tighten drunken-driving limits |
May 16th, 2013 |
Washington - The Obama administration isn't backing the National Transportation Safety Board's call to drop the legal limit for drunken driving from 0.08 percent blood-alcohol content to 0.05. National Highway Traffic Safety Administration Administrator David Strickland said Wednesday the agency is "data driven" and said it doesn't have the data to support NTSB's ...
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