The Japanese carmaker’s net profit in the last fiscal year was up to 18.5 billion euros, a jump of six percent. But Toyota expects profit to fall by 35 percent this year due to the strong yen and falling sales in emerging markets - especially China.
Despite the Dieselgate emissions scandal, the German carmaker says it sold a record number of vehicles last year. But VW's growth in Western Europe was more sluggish than in the rest of the world.
The Detroit Auto Show is getting a mixed response this year, with critics saying it's old-fashioned and uninspiring. DW's US correspondent Carsten von Nahmen takes a critical look at his own expectations.
Alabama has entered the fast lane in its bid to become a major auto-making hub, securing a coveted joint venture plant of Toyota and Mazda. The Japanese manufacturers said it would eventually employ thousands.
French car group PSA has put industry veteran Stephen Norman in charge of managing a turnaround for its Opel/Vauxhall operations in Britain and Ireland, saying key to the brand's survival is a pick-up in UK sales.
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