Japan's second-largest carmaker by global sales volume aims for operating profit equivalent to 8 percent of revenue.
Nissan will invest more than $200 million for an auto factory construction project to be built on 100 acres of land in the Bago Region.
The sports car recall would not result in a material added cost beyond its previous estimate of $2.45 million.
German luxury carmaker starts 2014 with record sales figures for January, with the surge boosted by robust demands from China.
Jeep-branded SUV is set to be presented at the Geneva car show in March while its 500X crossover vehicle.
Chrysler Group set pricing guidance on a $2 billion term loan as part of a $4.7 billion refinancing of the company's VEBA Trust note.
Toyota Motor Corp plans to curb daily vehicle output in Japan by 15 percent in April from a year earlier as it adjusts for a dampening of demand from a national sales tax rise.
Fiat boss Sergio Marchionne is about to unveil his next trick: moving the group's 115-year-old headquarters out of Italy.
Workers at Volkswagen's Hanover assembly plant are demanding the carmaker build a new model at the site to safeguard jobs as it may lose an order for Porsche's Panamera.
Karl Slym, managing director of India's biggest automaker, died after falling from a hotel room in Bangkok in what police said on Monday may have been suicide.
Carlos Tavares could take over as chief executive of PSA Peugeot Citroen PEUP.PAP in March, two sources close to the situation said.
General Motors Co's new chief executive, Mary Barra, said she has no plans to deviate from predecessor Dan Akerson's strategy.
Hyundai Motor posted its first year-on-year fall in quarterly revenue in nearly three years, hit by a stronger local currency and slumping sales.
Minicars such as the Fiat 500 and Honda Fit performed worse than any other vehicle segment in a frontal crash test.
VW's top labor representative called for more models and swift decisions to revive the group's declining fortunes in US.
Electric carmaker Tesla Motors and rail operator Deutsche Bahn opened four new charging stations along key autobahn routes.
The annual European Motor Show Brussels 2014, which lasts until Jan 26, is expecting around 600,000 visitors this year.
Renault's global sales rose 3.1 percent to 2.63 million vehicles in 2013, the French carmaker said, buoyed by gains in Russia and emerging markets.
The Italian group maks the US business a wholly-owned subsidiary as it gears up to use their combined resources to turn around its loss-making operations in Europe.
Toyota Motor Corp may reconsider investing up to 20 billion baht ($609 million) in Thailand, and could even cut production.
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