On Monday, the Saab automobile owner Spyker Cars NV announced that Pang Da Automobile Trade Co.

On Monday, Spyker Cars, the Dutch owner of Swedish car maker Saab announced that it has reached a deal with China's Pang Da Automobile Trade Co. for improving its operations.

On Thursday, Nissan Motor Company reported they experienced a 7.2% rise in quarterly operating profits and claimed that their global product distribution would return to normal at least one month earl

Toyota’s car production has received strong set back after the earthquake and tsunami hit the Japan.

“But success is incredibly temporary”, he warned, speaking in an earnings webcast with analysts and media Monday. “First quarter is done.

Chrysler Group, which had faced bankruptcy and federal bailout in 2009, has posted profits in the first quarter on Monday.

Honda Motor and Hyundai Motor Co. have shown different figures of sales after the earthquake crippled the car production in Japan and this has helped the overseas producer to take a lead.

Toyota Motor Corporation, which is the world’s largest producer of cars, said that its global output fell by 30% to only 542,465 vehicles in March, which was caused partly by the earthquakes in Japan