NEWS

Toyota Recalls Nearly 2.8 Million Vehicles

11/14/2012

Toyota 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

11/14/2012

Toyota 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

11/14/2012

Renault 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

11/14/2012

General 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

11/14/2012

Toyota 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

11/14/2012

Tata 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

11/14/2012

General 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

11/14/2012

Toyota 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

11/14/2012

Researchers 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

11/14/2012

Wolfgang 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.