Toyota's announcement on Wednesday that the recession had forced it to withdraw from Formula One included the statement that the company and#8220;intends to move forward in developing exciting production vehicles, such as the Lexus LFA supercar.
Full story...
Drifting star Vaughn Gittin Jr. has a unique take on the 2010 Ford Mustang: completely carbon-fiber.
Full story...
BMW's M division is back in the business of building specialty street-legal race cars with a new lightweight version of the M3 called the GTS.
Full story...
The U.K. today joined other Western European countries in reporting a big rise in new-car sales in October. Car sales in Britain rose an annual 31.
Full story...
The U.K. today joined other Western European countries in reporting a big rise in new-car sales in October. Car sales in Britain rose an annual 31.
Full story...
A top Toyota Motor Corp. executive said today its U.S. operations remain difficult, adding that the automaker must reduce fixed costs further to battle a strong yen that is making exports unprofitable.
Full story...
Toyota 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.
Full story...
Chrysler Group's new CEO Sergio Marchionne offered an ambitious outlook for the automaker on Wednesday, saying it would more than double sales, roll out a dozen new models built on Fiat platforms and pay back debt to U.S.
Full story...
GM Europe head Carl-Peter Forster expects massive cuts at Opel after GM decided to hold on to its European unit, he was quoted saying in a German newspaper. "We had negotiated a good restructuring plan which was ready and on the table," Forster said.
Full story...
DETROIT -- Here are comments made by Chrysler Group CEO Sergio Marchionne during a question-and-answer session at the conclusion of an eight-hour presentation Wednesday on the automaker's plans for the future.
Full story...
Starting in 2012, Chrysler Group's alliance with Italian automaker Fiat S.p.A. will bring a raft of new Fiat-based models to all four of Chrysler's brands.
Full story...
Chrysler Group's sales outside North America will grow to 500,000 by 2014 from an estimated 144,000 this year, international sales chief Mike Manley said Wednesday.
Full story...
Chrysler Group plans to finish the consolidation of its dealerships into three-brand stores by the end of 2011, Peter Grady, the automaker's vice president of network development and fleet, said Wednesday.
Full story...
Starting in 2012, Chrysler Group's alliance with Italian automaker Fiat S.p.A. will bring a raft of new Fiat-based models to all four of Chrysler's brands.
Full story...
Chrysler Group plans to finish the consolidation of its dealerships into three-brand stores by the end of 2011, says Peter Grady, the automakerand#8217;s vice president of network development and fleet.
Full story...
Chrysler Groupand#8217;s sales outside North America will grow to 500,000 by 2014 from an estimated 144,000 this year, international sales chief Mike Manley said today.
Full story...
Chrysler Group will establish call centers for each brand in January to resolve customersand#8217; service problems. Each brand will have a separate 800 number.
Full story...
The deal reached between the Canadian Auto Workers and Ford Motor Co. last week cut around C$4 to C$5 an hour from the labor costs of Ford's Canadian workers, CAW President Ken Lewenza said Wednesday.
Full story...
Toyota Motor Corp. was rebuked Wednesday by federal safety regulators for issuing and#8220;inaccurate and misleading informationand#8221; about a safety recall involving 3.8 million Toyota and Lexus vehicles.
Full story...
Flashy exhibits, cute hostesses and high-octane cars are everywhere to be found at SEMA. However, the most important part of the show is probably the less spectacular. It takes place in a small area with hundreds of smaller stands filled with technical products. Step in here and a world of discovery awaits you.
Full story...
The latest auto news, reviews, prices, product and vehicle releases.