Exide Technologies said Wednesday that under a new supply agreement it will supply batteries for Toyota Motor Corp.'s Highlander crossover sport utility vehicles in the U.S.

The three sit atop the insurance industry's annual list of the safest new vehicles, according to a closely watched assessment used by car companies to lure safety-conscious consumers to showrooms.

Ford's Fusion mid-size sedan was named Motor Trend magazine's 2010 "car of the year" Tuesday, adding to the perception that changes to the No. 2 U.S. automaker's vehicle lineup are gaining traction.

Over 1,000 Toyota and Lexus owners have reported sudden, spontaneous acceleration of their vehicles since 2001, including crashes blamed for 19 deaths, far more than earlier disclosed, the Los Angeles Times reported on Sunday.

Toyota Motor reported a surprise quarterly profit and slashed its annual loss forecast by more than half as sales and cost cutting beat its forecasts, putting it on track to follow Japanese rivals into the black next year.

Nissan Motor, Japan's third-biggest automaker, revised its annual outlook to a profit from a loss on Wednesday as soaring sales in China helped drive quarterly earnings beyond the market's expectations.

Toyota Motor said on Wednesday it was pulling out of Formula One racing.

Auto sales are expected to show a gain for October but there are still doubts about the speed and strength of the sector's recovery.

Depending on whom you ask, India's Reva Electric Car Company  is either the next big thing in automobiles, or a maker of glorified golf carts.

It was an 'electric parade' at the 2009 Tokyo Motor Show as many auto manufacturers announced plans to enhance their line up of electric cars.  CNBC Asia Pacific was on-the-ground covering the event this week and the team took snapshots of the new concept cars that are set to drive the green revolution.

Nissan unveils its concept "Land Glider" electric  car capable of tilting from side to side, sashaying into curves by up to a 17-degree angle.

Opening a government meeting on auto safety, the Obama administration reported Wednesday that nearly 6,000 people were killed and a half-million injured last year in vehicle crashes connected to driver distraction, a striking indication of the dangers of using mobile devices behind the wheel.

Ford Motor is increasing its focus on the fast-growing car markets of the Asia-Pacific region, executives said Wednesday as they rolled out a new small car in India, says the New York Times.

It was not exactly a planned strategy, but the recession, particularly in the United States, has been very good for Hyundai, the South Korean automaker.

Treasury officials want to require the corporate owners of the nation’s 41 industrial banks to accept more rigorous regulation or be forced to sell or shut them down.