Toyota, the world's largest automaker, and domestic rivals are scrambling to combat the surging yen, which is up at least 3 percent against each of the world's 16 major currencies in 2010.
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Russia's industry and trade ministry wants to tighten conditions for foreign carmakers producing vehicles in Russia under the 'industry assembly regime', Kommersant business daily reported Monday citing a copy of a document outlining the ministry's proposals.
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China's passenger-car sales to dealerships increased at the slowest pace since March 2009, with weaker consumer sentiment crimping demand. Wholesale deliveries of cars, sport-utility vehicles and multipurpose vehicles increased 13.
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General Motors has confirmed it has paid a symbolic EUR1 (US$1.32) for the automatic transmission plant in Strasbourg.
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The BMW brand increased sales by 12% in July on the back of soaring demand in China.
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Ford, Chrysler and other car companies are counting on Silicon Valley to help boost sales and shake off their image as slow adopters of innovations.
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Cosworth powered Exos Type 125 offers Formula 1 thrills

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Vehicle sales in China will exceed 16m units this year according to the China Association of Automobile Manufacturers.
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The perfect summer for car enthusiasts begins early, when local car shows start popping up, and ends in August at the Pebble Beach Concours d'Elegance. This year's show on Aug.
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AvtoVAZ has chosen Lada Granta as the name of its new low-cost model.
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Two major Russian automakers have resumed production after unprecedented high temperatures forced a shutdown.
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General Motors is declining to confirm whether or not it has purchased the automatic transmission plant in Strasbourg.
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VW releases details on compact MPV. Wide range of engines and specs, from £17,585

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ASSOCIATE EDITOR JONATHAN WONG: Without question, Honda's K-series engine with its six-speed manual transmission is the smoothest, most fun and easiest to operate pairing certainly in the sport compact segment, but also probably on the market.
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ASSOCIATE EDITOR JONATHAN WONG: Without question, Honda's K-series engine with its six-speed manual transmission is the smoothest, most fun and easiest to operate pairing certainly in the sport compact segment, but also probably on the market.
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Chrysler Group dealers, starving for new products, will get a banquet of nameplates in three years--a startling change for a company that narrowly missed going out of business.
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Chevrolet's quest for more vehicles that match the styling appeal of the Equinox crossover and Camaro muscle car will continue in the next several years.
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Chrysler Group LLC today posted a second-quarter net loss, but reported an operating gain of $183 million -- a $40 million improvement over the first quarter's operating profit.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up