Toyota Motor Corp is preparing a $1 billion marketing campaign to boost U.S. sales in the fourth quarter, while also expanding its line of hybrid models under the Prius name, the company said on Thursday.
Toyota Motor Corp (7203.T) is preparing a $1 billion marketing campaign to boost U.S. sales in the fourth quarter, while also planning to expand its line of hybrid models under the Prius name, the Wall Street Journal reported on Thursday.
Lotus, one of the most successful and glorious names from Formula One's past, will return next year with a Malaysian-owned team replacing BMW-Sauber as the 13th entry on the starting grid.
Toyota Motor Corp (7203.T) expects industry auto sales in Europe to remain flat or decline further in 2010, from 2009, as government incentive programs cease to inflate sales, the head of the automaker's European operations said on Monday.
The state parent of Brilliance China Automotive (1114.HK) is near a deal to make special purpose vehicles in China with Daimler AG (DAIGn.DE) and Toyota Motor (7203.T), a company source said on Friday.
General Motors on Thursday ended months of uncertainty, announcing it had reached a deal to sell a majority stake in its European unit Opel to Canadian car parts maker Magna, backed by Russia's Sberbank.
General Motors Co said on Thursday it will offer consumers a 60-day, money-back guarantee on new vehicles and roll out a barrage of new advertising over the next year aimed at winning back American consumers who have abandoned its brands.
The state parent of Brilliance China Automotive is near a deal to make special purpose vehicles in China with Daimler AG and Toyota Motor , a company source said on Friday.
After driving his BMW 5 series model for just three years, Chinese futures trader Jerry Lin traded in his car for an Audi A6.
Cost cutting talks between Ford Motor Co (F.N) and the Canadian Auto Workers began on Tuesday, the union said, adding that a key condition to reaching a new agreement would be a commitment by Ford to maintain its current manufacturing presence in Canada.
After driving his BMW 5 series model for just three years, Chinese futures trader Jerry Lin traded in his car for an Audi A6.
Deep in the heart of Texas, a Chevy dealership is almost empty of super-sized trucks and full of promise for the battered U.S. auto industry.
Global carmakers are lining up to make India, home of Tata Motors' (TAMO.BO) Nano, the world's cheapest car, a base for their export operations as they try to cut costs and move to compact, fuel-efficient vehicles.
General Motors Co [GM.UL] will end a three-month stoppage at its Venezuela plants next week after reaching an agreement with the government of President Hugo Chavez to free up foreign currency to import parts.
New vehicle sales in Australia slipped for a second month in August, though the annual pace of decline almost halved, industry data showed on Thursday.
Maruti Suzuki India (MRTI.BO), the country's top car maker, is confident of maintaining profits and growth despite increasing competition, including from Tata Motors' (TAMO.BO) Nano, the world's cheapest car.
Auto sales in Canada fell for a 10th straight month in August, industry figures showed on Tuesday, though Ford managed to maintain the sales and market-share momentum that it gained in the middle of the industry crisis.
U.S. auto sales boomed in August as $3 billion in government incentives drove sharp gains for Hyundai Motor Co and Ford Motor Co but failed to provide a boost for General Motors Co in its first full month outside bankruptcy.
Toyota Motor Corp, the world's largest carmaker, will ask Japan's new government to extend the deadline for subsidies on purchases of new environmentally friendly cars by two years from the original schedule of March 2010, a Toyota executive said on Wednesday.
Toyota Motor Corp plans to raise production of its Tacoma and Tundra pickups to meet expected demand for trucks, and increase production of fuel-efficient vehicles through the end of the year, executives said on Tuesday.
Toyota Motor Corp plans to raise production of its Tacoma and Tundra pickups to meet expected demand for trucks, and increase production of fuel-efficient vehicles through the end of the year, executives said on Tuesday.
The Prius hybrid automobile is popular for its fuel efficiency, but its electric motor and battery guzzle rare earth metals, a little-known class of elements found in a wide range of gadgets and consumer goods.
