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- Toyota seeks new purchasing chief; Nielsen moves to Texas plant
Toyota is searching for a new vice president of purchasing for North America to replace Chris Nielsen, who is being transferred to run the automaker's San Antonio, Texas, assembly plant.
Переслать - Ford hybrids to get U.S.-built drive motors from Toshiba
Japanese electronics conglomerate Toshiba Corp. said on Tuesday it will supply drive motors for Ford Motor Co. hybrid vehicles, aiming to cash in on surging demand for green cars.Переслать - CarMax triples quarterly profits, remains cautious
CarMax Inc.'s net income more than tripled during its most recent quarter that ended May 31. But floor traffic and sales are still below pre-recession levels, CarMax President Tom Folliard cautioned today.Переслать - Lexus LF-A test driver killed
The chief test driver for the Lexus LF-A sports car was killed in a crash on a public road near the famed Nuerburgring where a prototype of a special Nuerburgring edition of the car has been undergoing testing, according to sources in Germany.Переслать - GM ready to move on IPO soon
General Motors is preparing for an initial public offering that would sell 20 percent of the Treasury's stake in the automaker and reduce the U.S. to a minority owner, said two people familiar with the plan.Переслать - Ghosn says Nissan-Renault synergies help EV program
Japanese-French alliance is a key strategy in gaining scale, sharing development and cutting costs, and will tap joint battery factories in North America, Europe and Japan -- with the aim of achieving output of 500,000 battery packs by 2013.Переслать - White House backs more aid to push electric cars
A Senate bill proposes that the federal government spend up to $10 billion to encourage sales of electric vehicles. The bill introduced by Sens. Byron Dorgan, D-N.D., and Jeff Alan Merkley, D-Ore.Переслать - Dealers cry foul over senators' attempt to insert some oversight into bill
The dealer lobby accused Senate negotiators of trying to slip an expansion of dealer oversight into a bill to create a consumer finance agency on the eve of a conference committee vote.Переслать - Group 1 sells Florida Ford-Lincoln-Mercury store
The nation's fourth-largest dealership group said today that it would take a $1.4 million asset impairment charge in the second quarter to write down the value of other domestic dealerships.Переслать - Toyota randd unit, Hitachi join algae-biofuel study
Toyota Motor Corp.'s research and development unit, Hitachi Ltd. and more than 40 other Japanese companies and institutions have joined a national study into algae's potential for producing biofuel and chemicals. Autoparts maker Denso Corp.Переслать
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