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Mitsubishi Motors profit improves on cost cuts

Submitted by Fox First at Ten on October 30th

By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Mitsubishi Motor Corp.'s fiscal second-quarter net profit improved 60 percent to 10.1 billion yen ($126 million) on cost cuts, but the Japanese automaker lowered its projection Tuesday for China, where a bitter territorial dispute is sending

Chrysler 3Q profit up 80 percent

Submitted by Fox First at Ten on October 29th

By TOM KRISHERAP Auto Writer DETROIT (AP) - Strong U.S. sales powered Chrysler to a healthy third-quarter profit. The company on Monday reported net income of $381 million, up 80 percent from $212 million a year earlier. The profit was due mainly to a 13-percent sales increase in the U.S.,

APNewsBreak: Toyota headed to record global sales

Submitted by Fox First at Ten on October 29th

By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Toyota is shrugging off a sales plunge in China set off by a territorial dispute and says it is headed to a record year on the back of strong growth in the rest of Asia and the U.S. Toyota Motor Corp. Executive Vice President Yukitoshi Funo

Honda profit jumps, lowers forecasts on China woes

Submitted by Fox First at Ten on October 29th

By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Honda's quarterly profit surged 36 percent as Japanese automakers bounced back from last year's tsunami disaster in northeastern Japan, but the company lowered its annual forecasts Monday because of a sales plunge in China. Honda Motor Co

HI tsunami smaller than feared; ports reopened

Submitted by Fox First at Ten on October 28th

By OSKAR GARCIAAssociated Press HONOLULU (AP) - Officials in Hawaii reopened the state's ports on Sunday and canceled a tsunami advisory as fears receded that there would be damaging waves from a powerful earthquake off the coast of Canada. The Pacific Tsunami Warning Center lifted its tsunami

Magnitude 7.7 quake strikes off Canadian coast

Submitted by Fox First at Ten on October 28th

By JEREMY HAINSWORTHAssociated Press VANCOUVER, British Columbia (AP) - A magnitude 7.7 earthquake struck off the west coast of Canada, but there were no reports of major damage. Residents in parts of British Columbia were evacuated, but the province appeared to escape the biggest quake in

Tsunami warning for Hawaii after Canadian quake

Submitted by Fox First at Ten on October 28th

HONOLULU (AP) - A tsunami warning has been issued for Hawaii after a 7.7-magnitude earthquake rocked an island off the west coast of Canada Saturday. The Pacific Tsunami Warning Center originally said there was no threat to the islands, but a warning was issued later Saturday and remains in effect

Tsunami warning for Hawaii, canceled in Alaska

Submitted by Fox First at Ten on October 28th

By MARK THIESSEN and OSKAR GARCIAAssociated Press ANCHORAGE, Alaska (AP) - Emergency sirens sounded around Hawaii late Saturday warning about an oncoming tsunami, after a powerful earthquake struck off the coast of Canada. Even as many people along Hawaii's coast rushed to higher ground,

Magnitude 7.7 quake strikes off western Canada

Submitted by Fox First at Ten on October 28th

By JEREMY HAINSWORTHAssociated Press VANCOUVER, British Columbia (AP) - A magnitude 7.7 earthquake struck off the west coast of Canada and a tsunami warning was issued, authorities said, but there were no immediate reports of major damage. The U.S. Geological Survey said the quake hit the Queen

Toyota widens global sales lead over GM

Submitted by Fox First at Ten on October 26th

By TOM KRISHER and YURI KAGEYAMAAP Business Writers DETROIT (AP) - Toyota has widened its global sales lead over General Motors after bouncing back from a series of natural disasters. The company said Friday it sold 7.4 million vehicles globally in the first nine months of this year - 450,000