TOYOTA

Toyota settles Lexus crash lawsuit for $10 mln

World's No.1 automaker Toyota Motor Corp. has agreed to pay $10 million to a family of four people who were killed in a runaway Lexus crash near San Diego last year that prompted a string of recalls of millions of Toyota vehicles.

GM sold more cars in China than in U.S. last year

General Motors Co. (NYSE: GM) said it sold more vehicles in China than it did in the U.S. in 2010, making it the first time in the automaker’s 102-year history that sales in a foreign country surpassed domestic sales.
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GM poised for China growth, small cars

GM Shares Gain After Analysts Give Thumbs Up

Shares of General Motors rose more than 2 percent Tuesday after a slew of analysts advised buying shares of the automaker, which has raised $23 billion recently in the world's largest IPO.
 Toyota Motor to recall 51,000 Tundra trucks

Major car recalls in 2010

2010 will be remembered as the worst year for automobile industry. A number of leading car makers including Toyota, Honda, GM, BMW, Hyundai, Nissan, Ford, Chevrolet recalled lakhs of vehicles because of various defects and safety problems.
 Toyota Motor to recall 51,000 Tundra trucks

Toyota Motor aims 7.7 mln vehicle sales in 2011

Toyota Motor Corp on Tuesday said that it expects to sell 7.7 million vehicles worldwide next year, up 3 percent from 2010, by tapping emerging markets Asian markets, such as China and India.
More than half of GM plants are landfill-free

UBS Starts GM with 'neutral' rating

UBS initiated coverage of General Motors with a 'neutral' rating and $37 price target, saying that the automaker has no near-term catalysts to move the stock.
Toyota

Toyota Motors US sales drop 3 pct in Nov

Toyota Motors on Wednesday said its US auto sales in November dropped by 3 percent over last year, making it the only major automobile maker to report a sales drop for the month.
Toyota

Toyota sues GM over plant closure

Toyota Motors has filed a law suit for damages against General Motors Co.'s against bankruptcy estate over the closure of their joint manufacturing plant in California.

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