Ford posts first annual profit since 2005
Ford Motor Co. posted its first annual profit since 2005 on Thursday and expressed optimism for the future despite a turbulent year that led...
Nissan Leaf Battery Production coming to North America
Today, Secretary of Energy Steven Chu announced that the Department of Energy has closed a $1.4 billion loan agreement with Nissan North America, Inc....
Toyota to expand vehicle recall to Europe
Toyota Motor said Thursday that it would expand a huge safety recall due to an accelerator pedal problem to Europe, a move likely to...
Ford halts some China production after Toyota’s woes
US automaker Ford said Thursday it was suspending production of a commercial vehicle sold in China which may be suffering the same accelerator problems...
Toyota expands massive recall by million vehicles
Toyota Motor has expanded its massive recall in the United States by more than a million vehicles to replace floor mats that could trap...
GM to pay 1,000 dollars to Toyota owners
General Motors said Wednesday it would give owners of Toyota cars and trucks 1,000 dollars or free financing if they buy one of the...
Norwegian firm seeks to charge into US electric car market
With a jump-start from a new quick charging system, Norwegian electric carmaker THINK is taking aim at the US market with a new assembly...
Opel unions issue strike warning over factory closure
Unions at General Motors unit Opel on Tuesday warned widespread strike action is a possibility as they refused to accept a planned Belgian plant...
Fiat calls two-week production halt in Italy
Italian automaker Fiat on Tuesday called a two-week production halt in Italy from February 22, temporarily laying off some 30,000 workers because of a...
Ford to invest 400 million dollars in US SUV plant
Ford Motor Co. said Tuesday it was investing nearly 400 million dollars to build a new version of its Explorer sport utility vehicle at...

