Industry Voices
Wind blows away fossil power in the Nordics, the Baltics next
Wind power is blowing gas and coal-fired turbines out of business in the Nordic countries, and the effects will be felt across the Baltic region as the renewable glut erodes utility margins for thermal power stations.
latest news
Denso not seeking big M&A, could buy smaller firms
Denso Corp (6902.T), the world's second-biggest car-parts supplier, does not plan to join global rivals in bulking up through a big merger but it is looking to buy smaller parts makers with niche technologies, the company's head said.
By MAKI SHIRAKI
Latest GM recalls cover 57,000-plus vehicles
General Motors Co said on Saturday it was recalling more than 57,000 vehicles in the United States for potential problems ranging from a wiring problem in the steering column to inadvertent shutdown of the engine.
By Bill Trott
GM recalls 524,384 cars and SUVs globally in two actions
General Motors Co said on Friday it is recalling 524,384 cars and sport utility vehicles globally in two actions dealing with potential latch and loose part issues.
BMW, Mercedes standardize cars to help buyers and boost margins
Premium carmakers Mercedes-Benz and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also given them the choice of a bespoke car if they want.
GM sees first European profit in 2016 after years of losses
General Motors Co said on Wednesday it expects in 2016 to ring up its first profit in Europe in more than a decade and that it will also hit targeted North American operating margins that year.
By BEN KLAYMAN
September U.S. car sales show industry still strong
U.S. consumers bought more cars in September than in the previous year, but early sales results from leading automakers on Wednesday were mixed.
