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Prime Minister Abe got a sign of how his blueprint to revive Japan's economy was working when two of his country's biggest car makers unveiled investments to boost production.
In August, the price dealers paid for used compact CUVs fell 2.4 percent to an average of $13,370. Over the past year, they are down 13.9 percent.
Honda Motor said Thursday it is recalling 318,000 Odyssey minivans and 63,400 Acura MDX sport-utility vehicles for an airbag defect.
Eiji Toyoda, who as a member of Toyota Motor’s founding family and an architect of its method that helped turned the automaker into a global powerhouse, died on Tuesday.
Japan is on course for its longest run of trade deficits, effectively marking the end of the nation's decades-long reliance on exports.
The country's largest automaker took the wraps off of the new versions of its Chevy Suburban and Chevy Tahoe.
The carmaker discovered that the nuts it used to adjust the alignment of the rear wheels during the August 2012 recall were not tightened properly.
Even with SUV and crossover utility vehicles sales surging, the average fuel efficiency of new vehicles sold in August set a new record high for the U.S..
Global auto profits will grow by 50 percent by 2020, with more than half of that coming from China, according to a new report.
EPA-certified, the new 2014 hybrid gets about 10 percent better fuel economy around town than the original Toyota Prius.
High-end car sales jumped 31.5 percent, almost double the 17 percent gain the overall auto industry posted during the same month.
Indian equities outperformed on Thursday after the nation's new central bank governor unveiled steps to liberalize financial markets, but caution over a reduction in the Federal Reserve's stimulus capped gains in the rest of Asia.
Ultimately, many on Wall Street will combine August and September, look at the combined sales rate and then compare it against the SAAR from earlier this year.
New data from Experian Automotive shows a record high of 27.6 percent of financed new vehicles purchases in the second quarter being a lease.
The Dedicated Short-Range Communications, or DSRC, system the Japanese maker demonstrated this week can track pedestrians and motorcycles even when they're out of the line of sight.
Asian shares were mostly higher Friday, but gains were capped by uncertainty over the stability of emerging markets and the possibility of a military strike against Syria despite indications a delay might be in the offing.
More and more Americans are getting rid of their old clunkers and that's a good problem for the nation's automakers, Ford CEO Alan Mulally told CNBC.
The Odyssey is the first minivan to pass rigorous safety testing administered by the Insurance Institute for Highway Safety.
Additional workers, and a second shift has been added at the automaker's Flat Rock assembly plant to ramp up supply.
Asian stocks bounced between gains and losses in volatile trade on Tuesday amid fears of a possible confrontation with Syria and as emerging markets were sharply sold-off.