Toyota to downgrade profit estimate
Japanese auto giant Toyota Motor Corp. is planning to downgrade its earnings forecasts for the year to March 2009 amid the global financial turmoil,...
New key lets parents put brakes on teen drivers
Talk about a back-seat driver! Ford Motor Co. has created a device which allows parents to control how fast their teenagers drive, limits the...
Ford selling stock to pay debt
Ford Motor Co. said Friday it is selling 500 million dollars in stock to retire short-term debt owed by Ford Motor Credit. "It's a debt...
Electric vehicles spark at Paris car show
Carmarkers rolled out a slew of electric models at the Paris motor show Friday, with a view to filling dealer showrooms by 2012 when...
Government aid to automakers is not a bailout
Government loans awarded to three major US automakers are justified as they need them to meet new environmental regulations, Ford chief executive Alan Mulally...
Paris motor show opens amid industry gloom
The world's biggest car show was to open Thursday in Paris with the razzmatazz of the press open day largely overshadowed by the economic...
US auto sales take a beating
US auto sales took a beating in September as the nation's worsening economy turned dealer showrooms into ghost towns and major automakers reported sales...
Car dealer Bill Heard Enterprises files Chapter 11
The company with the largest chain of Chevrolet dealerships in the country filed for bankruptcy protection against a "perfect storm" of woes including soaring...
Toyota says curbing production in China
Japan's Toyota Motor Corp. is curbing production in China as sales slow in the once-booming market, a company spokesman said Monday. "As sales growth has...
Toyota's New Plug-In Prius, 1/X Hybrids Shown
One of the major sponsors of this year's Wired NextFest at Millennium Park in Chicago (alongside Xerox and Citi), Toyota had plenty to show...
