Electric carmaker Tesla Motors Inc said on Friday it signed a memorandum of understanding with Japanese automaker Toyota Motor Corp to deliver two electric vehicles to the world's largest automaker by the end of month.
Republicans should not use problems at mortgage finance giants Fannie Mae and Freddie Mac as an excuse to vote against sweeping changes to the rules of Wall Street, White House spokesman Robert Gibbs said on Sunday.
The federal regulator of Fannie Mae and Freddie Mac on Monday said it is seeking to determine if issuers of private mortgage bonds are liable for losses suffered by the two housing finance giants.
Ford Motor Co is recalling 33,700 of its Transit Connect small commercial vans over an interior liner while Chrysler Group said it was recalling certain 2010 SUVs and trucks over a possible brake fluid leak.
Toyota Motor Corp is working to develop a prototype electric vehicle with Tesla Motors as it continues work on a battery-powered small car the Japanese automaker plans to launch in 2012.
Denso Corp, Japan's No.1 car parts maker, will likely review its earnings outlook around late October for a possible upgrade after a strong first quarter eased worries about the impact of the yen's strength
German Economy Minister Rainer Bruederle has rebuffed a request by Ford's German unit for state support, saying the U.S. carmaker's business was recovering, a newspaper reported on Friday.
French car maker PSA Peugeot Citroen on Friday signed a deal to set up a 50-50 manufacturing venture with China Changan Automotive Group as it moves to ramp up capacity in the world's largest auto market.
Toyota Motor Corp President Akio Toyoda said on Friday higher wages among Chinese factory workers would create a new class of consumers, and that the trend therefore had both good and bad elements.
U.S. 30-year mortgage rates dropped to a new record low in the past week, according to a survey released on Thursday by Freddie Mac FMCC.OB, as concerns mounted about the economic recovery.
American scientists have discovered two antibodies that fight different AIDS viruses providing the medical community a potential blueprint for designing a vaccine against the immune system disease.
A teenager from Melbourne was seriously injured on Wednesday after being run over by bulls during the annual running of the bull in Pamplona, Spain.
An American ship disposal expert is disputing a claim by Australia's Minister of Planning, Tony Kelly, that paint in the HMAS Adelaide has no toxic lead.
Chrysler Group LLC will offer consumers a 60-day, money-back guarantee on new vehicles and also make the first two months of payments for buyers, as it tries to shore up sales amid lackluster consumer confidence.
General Motors Co said on Wednesday it will sell its Nexteer Automotive unit to a China government-backed group, as GM focuses on its core car business while the Chinese look to bolster their global competitiveness.
Chris Reid was pumped. After suffering through a few years of tight credit and the U.S. housing meltdown, the Pensacola-based realtor was ready to sell some beach-front property. Summer was coming and that is the region's busiest season.
The Manhattan apartment rental market strengthened in the second quarter as landlords drew confidence from a more robust sale market, but it is still softer than it had been in the past decade.
High unemployment and a moribund housing market are constraining the U.S. economic recovery, while the public debt looms large on the horizon and needs to be addressed, the International Monetary Fund said on Thursday.
The U.S. apartment vacancy rate in the second quarter fell for the first time in nearly three years, a research report released on Thursday found.
Wells Fargo & Co, the fourth-largest U.S. bank by assets, said on Wednesday it is closing more than 600 Wells Fargo Financial offices and will no longer originate non-prime mortgages.
A 35-year-old man with a genetically deformed face became the recipient of a full-face transplant courtesy of French doctors, who claim it was the first such operation in history, French newspapers reported Thursday.
Toyota Motor Corp will extend the time it takes to develop its vehicles by an average of four weeks in a bid to ensure quality following a string of high-profile recalls
Toyota Motor Corp said on Tuesday it had received reports more than three years ago of faulty engine valve springs at the center of a U.S. recall of nearly 139,000 luxury Lexus vehicles it announced last week.
Volkswagen Group sold more than 3.5 million cars to customers world wide in the first half of 2010, the company's chief executive said on Tuesday.
Top Chinese automaker SAIC Motor Corp sold 30 percent more vehicles in June compared with a year earlier, the second slowest monthly gain so far this year as demand in the world's largest auto market moderates after rapid expansion in 2009.
Nissan Motor Co said it aims to nearly double the mileage on its first hybrid car developed in-house compared with the gasoline engine version, while keeping costs down with a simple, single-motor system.
Volkswagen AG named Matthias Mueller, its top car strategist, as the new chief executive of Porsche AG in a bid to tighten its grip on the iconic sports car brand.
European Union competition regulators approved on Tuesday the acquisition of Ford Motor's Volvo car unit by Chinese carmaker Geely Automobile Holdings and state-owned investment group Daqing.
Toyota Motor Co's Canadian unit said on Monday its June sales were down 13.8 percent from a year earlier, while General Motors Co GM.ULsaid its Canadian sales rose 15.2 percent.
Dutch carmaker Spyker Cars used internal funding rather than external debt to pay General Motors the final $24 million purchase price for Sweden's Saab, ending concern over how it would foot the bill.
