Ford Motor Co <F.N> will shut its two Australian auto plants in October 2016, blaming a strong currency and costs that are hitting manufacturers just as the country looks for other sectors of its economy to cushion the end of a mining boom. (3:28 pm)

MORE TOPICS: GENERAL MOTORS, UNEMPLOYMENT, MANUFACTURING, AUSTRALIA, RETAIL, ELECTIONS

Exclusive - Japan Inc. averse to further yen drop, poll finds

By Reuters UK

Signs are that most firms in export-driven Japan Inc, having got the weaker yen they craved, now want the currency to either stabilise or recover ground, rather than continue a slide that will increasingly raise their costs. (May 21)

MORE TOPICS: MANUFACTURING, JAPAN, MANAGEMENT, CURRENCY WAR

European Car Sales Rise in April on Strong British Demand

By IBTimes UK

Car sales in the UK improved 14.8% in April. (May 17)

MORE TOPICS: UNEMPLOYMENT, GERMANY, VOLKSWAGEN, EUROPEAN CENTRAL BANK

Cost to be big factor in 'talking' cars acceptance: U.S. transport chief

By Reuters

Cars that "talk" to each other to avoid crashes or traffic jams, like those being tested here, will save lives but the cost of the systems will determine consumers' acceptance of such technology, the U.S. transportation secretary said on Tuesday. (May 15)

The Energy Report - BIG Oil Saves The Economy!

By Price Futures Group

President Obama should be thanking his lucky stars that the US oil industry is thriving and driving the U.S. Economy. Yesterday more evidence on how big oil is giving the economy a boost was in yesterday's retail sales data. Retail sales in the U.S. unexpectedly rose in April 0. (May 14)

MORE TOPICS: CHINA, GOLD, DOW JONES, TWITTER, FACEBOOK, RETAIL SALES

Nissan Enjoys Net Profit Growth of 46% in Q4

By Industry Leaders Magazine

Nissan Motor Co. surprised with it net profit growth of staggering 46.1 percent for the fourth quarter. But the fact is that the Japan's carmaker did not show off its annual profit which was simply plane, compared to its home rivals. (May 14)

Libya: Benghazi Car Bomb Targets Hospital Killing Nine

By IBTimes UK

Fresh attack in city after weekend bombing of police station kills three children. (May 13)

Driverless Cars Could be on UK Roads 'in 20 Years' [VIDEO]

By IBTimes UK

Legislation has been relaxed to allow a computer-controlled car being developed at Oxford University to be test driven on UK roads. (May 13)

MORE TOPICS: CALIFORNIA, VOLKSWAGEN, FLORIDA

Yen weakens past 100 to dollar, may fan talk of currency war

By Reuters UK

The yen weakened past 100 per dollar, giving Japanese Prime Minister Shinzo Abe a symbolic victory for his easy money policies, with markets bracing for further declines in the currency that could rise tensions with trading partners. (May 10)

MORE TOPICS: MANUFACTURING, JAPAN, SOUTH KOREA, AUSTRALIA, BANK OF JAPAN, MICHIGAN