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- U.S. probe finds no defect in Toyota's electronic throttles
The U.S. Department of Transportation said electric systems and electromagnetic interference did not play a role in the incidents of unintended acceleration involving Toyota Motor Corp. vehicles.
Переслать - American Axle reports 6th straight quarterly profit, ends 2010 in black
American Axle and Manufacturing Holdings Inc. posted its sixth consecutive quarterly profit and finished the year in the black, thanks to a recovering automobile market and diversification away from its largest customer.
Переслать - Reports: GM hourly workers expected to get $3,000 profit-sharing checks
GM is expected to dole out 2010 profit-sharing checks that average at least $3,000 to U.S. hourly workers, several media outlets reported today. The payout would be a record for the automaker.
Переслать - U.S. to shift EV buyers' $7,500 credit to point of purchase
The Obama administration said today that it will alter the plug-in electric vehicles tax credit program to give the $7,500 credit to buyers at the point of purchase.
Переслать - Toyota profits may trail Honda for 3rd year as recalls crimp recovery
Toyota may trail Honda in profit for a third straight year as lingering consumer concerns over recalls crimp its recovery. Even as a U.S.
Переслать - VW agrees to 3.2% pay raise with German labor union
VW has agreed to give 100,000 western German workers a 3.2 percent pay raise to avert strikes as the carmaker boosts production to match record demand. The pay increase begins May.
Переслать - Chrysler releases 'man van' as mommy-mobiles lose sales to SUVs
Chrysler Group LLC wants to attract more men to its minivans as women eschew the segment's unsexy image in favor of sport-utility vehicles.
Переслать - Faurecia yearly sales surge 48% on Americas, Asia growth
French car parts maker Faurecia says it beat its full-year sales, operating profit and net cash flow targets as 2010 total sales rose 48 percent to 13.796 billion euros ($18.65 billion).
Переслать - New international dealers chair faults Washington policies
The new chairman of the international dealers group on Monday launched a sharp critique of federal auto policy -- including a swipe at former House Speaker Nancy Pelosi -- while also calling for passage of the U.S.-Korea trade agreement.
Переслать - Toyota reports 47.6% slump in Q3 operating profit
Toyota reported a 47.6 percent drop in quarterly profit, hit by falling Japanese car sales and a firm yen. The profit slump highlights Toyota's damaging exposure to its money-losing export business.
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