North American slump hurts Magna Q2 profits
Canadian auto supplier Magna International Inc. said today that it posted lower net income and sales for the second quarter as its North American...
2009 Ford Edge to include blind-spot mirror
Ford Motor Co. said today the 2009 Ford Edge crossover will go on sale this fall with a blind-spot mirror that will be standard...
Carmax delays store openings, cuts inventory
Carmax Inc., the largest U.S. retailer of used cars, said on Wednesday it would delay the planned openings of several stores due to a...
2009 Toyota RAV4
Toyota Motor Sales (TMS), U.S.A., Inc., announced manufacturer's suggested retail prices (MSRP) today for the 2009 RAV4 compact sport utility vehicle (SUV). Equipped with...
Tesla hires Ford veteran as CFO; hires Mazda designer
Upstart electric sports car maker Tesla Motors has hired another executive away from the Detroit 3, naming 15-year Ford veteran Deepak Ahuja as CFO. Tesla...
Obama proposes $7K credit for fuel-efficient cars
Barack Obama proposed tapping the strategic oil reserve on Monday to help lower gas prices, reversing an earlier stance, and called rival John McCain...
Nissan Motor unveils new prototype electric car
Nissan Motor Co. unveiled a new prototype electric vehicle Wednesday with batteries twice as powerful as conventional technology, aiming to take a lead in...
2009 Volkswagen Golf VI
Volkswagen is unveiling its most important automotive secret of the year: the new Golf. The car – Europe's most successful with more than 26...
Malaysia's Proton develops new hybrid car
Malaysia's state-owned carmaker Proton is developing a new, fuel-efficient hybrid car to beat rising costs and address environmental concerns, reports said Sunday. Prime Minister Abdullah...
Ford US sales slid 15 percent in July
Ford Motor Co. said Friday its US sales slid 14.9 percent in July compared with a year ago as sport-utility vehicles (SUVs) and truck...
