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Latest Industry News
Ford Motor Co. has added 32,400 Windstar minivans to two safety recalls announced earlier in cold-weather U.S. states and Canada involving undercarriage parts that can rust and break.
Toyota's quarterly profit more than quadrupled to 121 billion yen ($1.5 billion), and the automaker gave upbeat forecasts as it recovers from a sales plunge caused by the tsunami in Japan last year.
Vehicle sales in China, the world's largest auto market, rose in April but are down for the year amid tighter credit and slower economic growth.
Chrysler is recalling 119,072 cars after discovering that the antilock brake and electronic stability control systems can fail because of an overheated power supply.
Car makers Renault and Nissan on Thursday signed a deal to acquire a controlling stake in Russian car producer AvtoVAZ -- but only in 2014, later than expected.
Booming sales in China and new versions of key models pushed automaker BMW AG's earnings higher by 18 per cent in the first quarter to C1.35 billion ($1.77 billion).
General Motors earned $1 billion in the first quarter as a strong performance in North America helped it overcome troubles in Europe.
Chrysler models continued to be the best selling vehicles in Canada in April as the automaker also claimed the sales lead for the year to date, beating out the 2011 title holder Ford Canada.
General Motors and Ford reported weaker April sales in the United States, hurt by lower demand for compact and subcompact cars.
A federal judge in California indicated that he would dismiss most New Yorkers' and Floridians' claims in class-action litigation over the unintended acceleration of Toyota vehicles, saying their claims don't fly under those states' laws.
Toyota says it is putting renewed focus on innovation in production methods and design after getting a wake-up call from its massive recalls.
China's leaders are finding it's a lot tougher to create a world-beating electric car industry than they hoped.
General Motors Co. has agreed with its main Chinese partner to restructure their joint venture and give the American automaker an equal stake.
Michelin is recalling more than 77,000 bus tires because sidewall defects can cause them to lose air rapidly, increasing the risk of a crash.
Two technicians from an Ottawa dealership reportedly took a rare and powerful Mercedes-Benz for a ride at excessive speeds through the streets of the capital, then uploaded a video of their adventure to the web.
Ford unveiled a three-cylinder mini-SUV and Chrysler showed a dragon-theme Jeep on Monday as automakers rolled out models designed for Chinese buyers at the Beijing auto show amid tougher competition in the world's biggest vehicle market.
Bombardier Recreational Products is recalling about 3,300 of its Can-Am Spyder roadsters because a pin securing the brake pedal connecting rod can fall off, possibly resulting in a crash.
The share of people in their teens, 20s and 30s with driver's licenses is dropping. It's a trend seen not only in the United States, but in other wealthy nations as well.
New cabs hitting the streets of New York City next year will have more leg room, a large skylight roof to gaze at the city skyscrapers and even odour-reducing and anti-microbial fabric to help deal with, well, you know, anything you might smell in the backseat of a cab.
General Motors is suspending production of the Chevrolet Volt for an extra week this summer to control inventory.
New York Auto ShowSome of the hottest vehicles are on display for the New York International Auto Show. |
