Yoshihiko Kanamori, the chief engineer for the new Lexus GS, has revealed to just-auto that Toyota is developing a new, smaller capacity hybrid powertrain.
Tom Gilman, who steered Chrysler Financial through some tumultuous years before it was bought by TD Auto Finance, will retire as the lender's CEO next month.
Ford is revamping its internal five-year business plan to take into account the marked deterioration in the European economy over the last year, the automaker's CFO said Thursday.
Hyundai has released pricing details for the 2013 Veloster Turbo, giving it a starting price of $22,725 for the manual-transmission-equipped model. Specifying an automatic transmission will cost you $1,000 more.
Group Lotus, the unprofitable luxury sports carmaker, fired CEO Dany Bahar after investigating unspecified concerns over his conduct, the company said.
Lotus CEO Dany Bahar has been dismissed, the UK sports car maker said. Lotus said the decision was made by the company's board after an investigation into a complaint made against him by holding company DRB-HICOM.
Also in this episode: Ferrari runs an auction to help earthquake victims, the
Audi of America will appoint Christian Schroth chief financial officer, effective Sept. 1, replacing Oliver Stein who is returning to Germany to fill the same role at Audi's high-performance subsidiary, quattro GmbH, a company spokesman said today.
Luxury plug-in hybrid maker Fisker Automotive said today it has opened a dealership with Penske Automotive Group in Scottsdale, Ariz. The store gives Fisker 80 retail outlets globally, 48 in North America.
Steve Schneider, the co-CEO of EV maker ZAP Jonway's U.S. operations, is leaving his role, the troubled automaker said.
The above photos of what very well might be a development mule for the next primo
Transportation Secretary Ray LaHood said Thursday the agency isn't looking at new regulations to address distracted driving, but rather is calling on automakers to step up voluntary efforts to combat risks with new technologies and education.
Drivers of the 2013 Chevrolet Volt will be able to drive 8.
Lotus has confirmed that Dany Bahar has been terminated from his employment as chief executive officer of Lotus with immediate effect.
Drivers of the 2013 Chevrolet Volt will be able to drive three miles further solely on electric power, but it will take slightly longer to recharge the new battery, General Motors said today.
June could be the best month for new car sales for more than six months, reversing a decline that has seen sales slip by as much as 10% from year ago levels.
European automotive supplier body, CLEPA, is to lobby the European Commission jointly with industry OEMs to secure a larger slice of any potential future funding from politicans in order to boost sector competitiveness.
Mazda will stop making its long-serving rotary engine this month but will use the technology as extended range power generation for electric vehicles, company president Takashi Yamanouchi told The Nikkei business daily.