Toyota Recalls Nearly 2.8 Million Vehicles
11/14/2012Toyota Motor Corp. says it will recall 2.77 million vehicles worldwide to repair steering and water pump defects.
Toyota Recalls Nearly 2.8 Million Vehicles Worldwide
11/14/2012Toyota Motor Corp. announced in Tokyo it is preparing to recall 2.77 million vehicles worldwide to repair steering and water pump defects.
Renault May Miss Budget-Car Sales Target
11/14/2012Renault SA may fall short of its goal of selling 1 million low-cost vehicles worldwide this year by as much as 5%, Les Echos reports.
GM Shuns Hybrids for EVs, Plug-Ins
11/14/2012General Motors Co. says its alternate powertrain development will focus on electric and plug-in technologies rather than standard hybrid systems.
Toyota to Export Kentucky-Made Venza to Korea
11/14/2012Toyota Motor Corp. has begun shipping a limited number of its Venza midsize crossover vehicle from its assembly plant in Georgetown, Ky., to South Korea.
Tata Denies Alliance Talks with PSA
11/14/2012Tata Motors Ltd. says a news report claiming the company is engaged in tie-up discussions with PSA Peugeot Citroen is "absolutely incorrect." PSA says it won't comment on the "countless rumors" about its plans.
GM Bypasses Hybrids for EVs, Plug-Ins
11/14/2012General Motors Co. says it will focus its alternate powertrain development on electric and plug-in technologies rather than standard hybrid systems.
Toyota Aims to Restore 15% U.S. Market Share
11/14/2012Toyota Motor Corp., whose American market share peaked at 17% in 2009, expects its share to surpass 15% next year as new models debut, says Bob Carter, senior vice president of American auto operations.
30% Fuel Economy Gain Seen for Gasoline Engine
11/14/2012Researchers have used available technologies to boost the fuel efficiency of a gasoline engine 30% in the lab.
Union: Opel Cuts Won’t Be As Harsh as Those at Ford
11/14/2012Wolfgang Schaefer-Klug, the top labor official at General Motors Co.'s Opel unit, tells Reuters he expects a union agreement with the company to be much milder than the European restructuring Ford Motor Co. unveiled last month.