Automaker News

TOKYO: Toyota's Prius hybrid - already Japan's highest-selling car - more than doubled its sales in June to claim the top spot for a second month, reflecting government tax breaks and growing popularity of products viewed as environmentally friendly.

A bankruptcy judge says General Motors can sell the bulk of its assets to a new company, clearing the way for the automaker to quickly emerge from bankruptcy.

The past few weeks in Louisiana have demonstrated there are certain things economic developers armed with the taxpayers' checkbook can accomplish, and others they can do little about, especially during the current recession.

This morning, Chrysler Group LLC announced the remaining members of its new board of directors, a group that includes a former CEO of Northwest Airlines, investment bankers and top officials of the Italian automaker Fiat Group SpA.

Toyota Motor's honorary chairman, Shoichiro Toyoda, scolded the company's president for being so anxious to boost sales and profits that he'd let Toyota emulate now bankrupt General Motors and Chrysler.

Rinaldo Rinolfi may have the key to making Fiat SpA's partnership with Chrysler Group LLC work.

For the third month in a row, Ford Motor Co. outsold the Japanese juggernaut in the United States, still a crucial and rich market amid this nagging recession.

Volkswagen AG hopes to introduce its first electric cars on the market in 2013, the German automaker's chief executive said on Friday.

Grote Industries, a high-performance LED lighting technology manufacturer, is relocating its European headquarters to Niederwinkling, near Straubing, Germany.

Nissan's plans to create up to 1,300 jobs to build electric cars and batteries don't necessarily mean more overall employees at the Smyrna factory.

OSHKOSH - Oshkosh Corp. Wednesday announced it completed the sale of the Geesink Norba Group based in Emmeloord, the Netherlands, to U.S.-based investment firm Platinum Equity.

A push to save a General Motors Corp. plant is expanding in recession-battered Ohio.

TO STAY AFLOAT: Opel cars prior to shipping from the company's factory in Russelsheim, Germany.

A summary of developments in the Chapter 11 bankruptcy cases of General Motors Corp.

Lord Mandelson pledged the Government's support in underwriting a deal to buy out struggling car company Vauxhall during a visit to the firm's Luton plant.

Japanese electronics maker Hitachi Ltd. said Thursday it will supply lithium-ion batteries for hybrid vehicles to General Motors Corp.

Columbus - Cummins Inc. is recalling 400 laid-off workers as it resumes production of the Dodge Ram engine at a central Indiana factory.

RISING confidence among consumers about the outlook for the economy has helped the services sector expand for the first time in 15 months in June, a survey shows.

Chinese carmaker Beijing Automotive Industry Holding Co plans to present a detailed bid for General Motors Corp's Opel unit in the next few days, the Wall Street Journal reported, citing a person familiar with the matter.

Close You asked. We're building it. Ford bests rivals after 60 years, as new order emerges The 1950 Ford, like this 1949 convertible, won Ford's second consecutive Fashion Academy Gold Medal Award for outstanding automotive design and styling.