The Alliance of Automobile Manufacturers and Tesla have petitioned to permit manufacturers to replace mirrors with digital cameras.» Read More
Toyota Motor is considering exporting U.S.-made trucks including its full-size Tundra after scaling back its sales expectations for the U.S. market under pressure from record fuel prices and a slumping housing market.
Toyota Motor is set to raise prices of hybrid cars and commercial vehicles by 1% to 3% in Japan as costs for steel and other materials soar, the Nikkei business daily reported on Monday.
European stocks fell on Friday, knocked lower by a sharp drop in mining shares that followed falling metal prices, while automakers retreated after a profit warning from BMW and GM's massive loss.
Nissan Motor posted on Friday a much worse-than-expected 46 percent drop in quarterly operating profit, and stuck to its annual forecasts despite a severe downturn in the U.S. market.
The signs are not good. From Chrysler's decision to stop leasing cars, to its recent decisions to cut staff and close plants, to its lack of major new product announcements, there is little of late inspiring confidence that this company can stage a comeback...
Chrysler's financial arm is planning to stop offering vehicle lease options to consumers and would focus on financing retail vehicle purchases, spokesman Bill Porter said on Friday.
The nation's power grid is sorely in need of being updated. In many areas it's pushed to the limit, especially during high use times like the summer months. Remember a few years ago when there were rolling brownouts in California?
Toyota Motor may cut its 2008 global vehicle sales target by as much as 350,000 units to about 9.5 million because of declining sales in the United States, Japan and Europe, according to news reports.
It may be the number one question I get from people when they ask about the struggling U.S. automakers: Who would want these guys if they ever go belly up or get sold?
Toyota Motor Corp plans to install solar panels on some Prius hybrids in its next remodelling, responding to growing demand for "green" cars amid record-high oil prices, a source briefed on the matter said on Monday.
Toyota Motor said on Friday it may need to consider raising the prices of its passenger vehicles in the future due to surging raw materials costs, though fierce global competition would make such a move difficult.
Nissan Motor is close to having to raise prices in Japan amid a surge in the cost of raw materials such as steel, Carlos Ghosn, chief executive of Japan's third-largest automaker, said on Wednesday.
Over the last three weeks, I have heard the same thing over and over, often from those who think I'm partial to Toyota. It goes something like this: "You never say when things go wrong for Toyota." Well, for all of you, Toyota Phil has a news flash: Toyota says it will be falling short of its sales goal for the U.S.
China remains the most popular destination for foreign industrial investment in the world, attracting almost $83 billion last year. But a growing number of multinational corporations are pursuing a strategy that companies and analysts call “China plus one,” establishing or expanding Asian bases outside China, particularly in Vietnam.
It's a major achievement Chrysler should rightfully be proud of. But it also highlights the next challenge for them, as well as GM and Ford: closing the "perception gap." First, here's the good news for the Big 3 on assembly plant efficiency.
It's not often that an e-mail makes me stop and say "Hmmmmm. Do a lot of people feel the same way?" But, this one from Nathan did just that.
It's MINI that may be best positioned right now. WIth sales up 29.9% this year, The MINI Cooper and Clubman are compact cars with the unique combination of style and fuel efficiency in a tight little package.
Ford Motor warned on Thursday that it no longer expects to meet a key target of returning to profitability in 2009 and would cut production through this year in response to a slumping U.S. auto market.
In hybrids, Honda has announced that early next year it will roll out a lighter, more affordable 5 door hatchback that will look similar to the hydrogen fuel cell FCX Clarity model. The plan: annual sales 200,000 worldwide, including a 100,000 here in the U.S.
Nippon Steel and other big Japanese steelmakers have reached broad agreement with Toyota Motor to raise steel prices by more than 30 percent, the Asahi Shimbun daily reported on Thursday, boosting the price of steel firms' shares.