AlQa'dah 20, 1432, Oct 18, 2011, SPA -- General Motors Co. said Tuesday that it has sold more than 2 million cars and trucks in China for the second straight year, AP reported.
The company reached the milestone on Tuesday, more than two weeks (...)
Toyota Motor Corp and Ford Motor Co will work together to develop hybrid trucks and SUVs that will be ready for market by the end of the decade, the two companies said on Monday, according to Reuters.
Ford and Toyota plan to collaborate on product (...)
The Chevrolet Cruze, the most popular car in the U.S. in June, will come in a diesel version that could boost gas mileage to around 50 mpg (21 kpl), two people briefed on General Motors Co. product plans said Monday, according to AP.
A diesel Cruze (...)
Cars that are redesigned or completely new for the 2011 model year had more quality problems, partly because of glitches in navigation systems and other dashboard technology, according to AP.
J.D. Power released its annual survey of new vehicle (...)
Ford Motor Co. said Tuesday that it wants to expand its global sales by 50 percent by the middle of this decade, mostly through growth in Asia, according to AP.
The company aims to sell 8 million vehicles in the next five or six years, up from 5.3 (...)
General Motors Co has canceled plans to develop a plug-in hybrid vehicle based on the current Cadillac SRX crossover platform after deciding that the project was not financially viable, Reuters quoted three people with direct knowledge of the (...)
Fiat SpA plans to exercise an option to buy the U.S. Treasury's stake in Chrysler, which paves the way for the Italian automaker to clinch a majority share in the company by early next month, Reuters reported.
Fiat notified the U.S. Treasury of its (...)
General Motors says its first-quarter net income more than tripled on strong car sales in the U.S. and China, according to AP.
The company's first-quarter net income totaled $3.2 billion, or $1.77 per share, one of its best performances since the (...)
Awwal 24, 1432 / April 28, 2011, SPA -- Chrysler Group LLC, which came to the brink of collapse before a federal bailout in 2009, plans to fully repay more than $7 billion in loans from the U.S. and Canadian governments by the end of June, Reuters (...)
Awwal 10, 1432 / April 14, 2011, SPA -- Under pressure from government safety regulators, Ford Motor Co. is expanding a recall of the popular F-150 pickup truck to include nearly 1.2 million vehicles that may have defective air bags, AP (...)
Akhir 24, 1432 H/March 29, 2011, SPA -- Toyota Motor Corp. wanted its U.S. car dealers to stop ordering more than 200 replacement parts made in Japan because it's worried about running out of them, AP reported.
Toyota has given its dealers a list (...)
Awwal 16, 1432 H/Feb 19, 2011, SPA -- The Detroit Boat Show gave industry officials the impression that business is picking up, according to UPI.
"We definitely feel things are turning around for the boating industry," Nicki Polan, director of (...)
General Motors Co posted a 22 percent rise in sales for January, outperforming expectations for the market as a whole on gains in demand for its pickup trucks and SUVs.
The sales gain came as a boost in incentive spending by the top U.S. automaker (...)
General Motors has promoted veteran engineer and human resources executive Mary Barra to lead its vehicle development efforts, another step in a management shakeup led by new Chairman and CEO Dan Akerson, AP reported.
Barra, 49, was named senior (...)
German carmakers on Monday launched major drives
for a larger stake in the lucrative US car market, after decades lagging behind their US and Asian rivals, according to dpa.
German carmakers laid down the gauntlet at the Detroit car show, which (...)
General Motors Co said on Friday it is recalling about 111,000 Chevy Equinox, GMC Terrain and Cadillac SRX 2011 small SUV models because the anchor to the seatbelt buckle may fail, which could lead to injury in a crash.
The 2011 model-year vehicles (...)
Hijjah 24, 1431, Nov 30, 2010, SPA -- Toyota Motor Corp will pay to fix about 650,000 Prius models worldwide for a coolant pump glitch that could cause the top-selling hybrid to overheat and lose power, the automaker said.
The repair campaign (...)
U.S. auto sales slipped in September from August, initial data from major carmakers showed, adding to evidence that the market remains stuck in a slow-motion recovery at the start of the fourth quarter.
Ford Motor Co was the standout in a (...)
General Motors Co. says it made $1.33 billion in the second quarter, a sign of growing strength as the company prepares to sell stock to the public, according to AP.
It's GM's second straight quarterly profit. The company made $865 million in the (...)
General Motors Co. says it will acquire auto financing company AmeriCredit Corp. so it can increase leasing and make more loans to buyers with low credit scores, according to AP.
The Detroit automaker says it will pay $3.5 billion to buy all of (...)
Toyota Motor Corp by today morning had not yet alerted U.S. safety regulators of a recall of one Toyota and seven Lexus models for possible engine stalling while driving, Reuters quoted a federal safety official as saying.
Toyota officials in Tokyo (...)
Ford Motor Co., the only Detroit automaker to avoid bankruptcy protection, said today it will reduce its huge debt by another $4 billion as it continues to show signs of financial strength, according to AP.
The Dearborn, Michigan, automaker will (...)
General Motors Co. said that it's restructuring its international operations to create a unit to handle South America, AP reported.
The Detroit automaker appointed Jaime Ardila as president of GM South America. It will be based in Sao Paulo, (...)
Patients who have breast and prostate cancer who exercise report a better quality of life and being less fatigued, U.S. researchers said.
Lead author Dr. Eleanor M. Walker of Henry Ford Hospital in Detroit and colleagues at Henry Ford's Josephine (...)
The U.S. auto industry stayed on the road to recovery in April, but it eased up on the gas pedal a bit, according to AP.
Ford Motor Co. saw last month's sales rise 25 percent from a year earlier, while General Motors Co. climbed 6.4 percent. Sales (...)