NEWS

India Posts Slowest Economic Growth in Nine Years

5/31/2012

The gross domestic product of India expanded at a 5.3% pace in January-March 2012, the smallest increase since early 2003.

India Posts Slowest Economic Growth in Nine Years

5/31/2012

The gross domestic product of India expanded at a 5.3% pace in January-March 2012, the smallest increase since early 2003.

India Reports Slowest Economic Growth in Nine Years

5/31/2012

The gross domestic product of India expanded at a 5.3% pace in January-March 2012, the smallest increase since early 2003.

Oil Futures Drop Below $87

5/31/2012

Crude oil futures fell $1.29 per barrel on Thursday on the New York Mercantile Exchange to close at a seven-month low of $86.53.

Mazda to Cut 250 Sales Jobs in Europe, U.S.

5/31/2012

Mazda Motor Corp. plans to shed about 250 employees in Europe and the U.S as part of a broader plan to reverse four years of losses, The Nikkei reports.

U.S. Economic Growth Slows

5/31/2012

America's gross domestic product, which expanded at a 3% annualized rate in the final three months of 2011, grew at a revised 1.9% pace in the first quarter of 2012, according to the Dept. of Commerce.

Vehicle Output Soars in Japan

5/31/2012

Automakers built 799,500 cars, trucks and buses in Japan in April compared with 292,000 units a year earlier, the Japanese Automobile Manufacturers Assn. reports.

Japan’s Vehicle Output Soars

5/31/2012

Automakers built 799,500 cars, trucks and buses in Japan in April compared with 292,000 units a year earlier, the Japanese Automobile Manufacturers Assn. reports.

Isuzu to Boost Stake in Russia Venture

5/31/2012

Isuzu Motors Ltd. says it will buy an additional 16% stake in its Russia joint venture from partner Sollers OJSC for an undisclosed price.

Stiffer Roadways = Better Fuel Economy?

5/31/2012

A vehicle's tires deform the pavement they roll over such that they are constantly moving slightly uphill, according to civil engineers at the Massachusetts Institute of Technology.