TOYOTA

Ford Takes Front Seat at Detroit Auto Show

Ford CEO Alan Mulally
As recently as when Bill Ford Jr., now the company chairman, was CEO of Ford and Rick Wagoner was CEO of GM, meetings meant Wagoner tried to claim the head seat at the table by virtue of his company's position as the largest automaker in Detroit. Bill Ford wasn't yielding, it's just that Wagoner had that expectation.

Detroit Auto Show Preview: Sustainability Prevailing Theme

Dodge Dart
It's about sustainability of profits, and sustainability through efficient products that contribute to both the broader environment and consumer benefit that will be at the heart of every automaker's presentations. America's Big Three, in particular, have revealed they are still among the biggest and best global forces to be reckoned with through profitability and strong, advanced product in the past year or two.
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Asia's Markets

Asia's Markets Close Mixed Wednesday; Nikkei Rises

Japan's leading share average rose to a three-week closing high on Wednesday after better-than-expected economic data from the United States and China, although strategists said the rally could stall if the euro holds below 100 yen.
Aston Martin

India's flashy new rich drive luxury car boom

From farmers who swapped fields for cash to 20-something CEOs that inherited the family business, hot new money is flooding India's luxury car market as roaring sportscar engines announce the country's growing wealth on its roads.
Auto Expo

Global Carmakers to Go Greener at Delhi Auto Expo

Fuel-efficient cars and a slew of new SUV models will be unveiled at Delhi's Auto Expo later this week as global carmakers continue to rev up their activity in one of the world's few growth engines despite a recent slowdown in sales.
A salesman talks on a phone at a Hyundai Motor dealership in Seoul April 28, 2011.

Hyundai and Kia See Slower Sales Growth in 2012

Hyundai and affiliate Kia aim to boost global vehicle sales by 6 percent this year to a combined 7 million vehicles, which would mark a slowdown for a duo that has enjoyed double-digit sales rises in recent years.
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Is that rental car safe to drive?

When you rent a car, there's a chance the vehicle has been recalled and, if it has been, that it hasn't yet been repaired. That's at the heart of a battle over whether the rental car industry should be required to fix cars before sending them out with customers.
GM Sonic

GM to showcase sporty Sonic at Detroit auto show

General Motors Co will unveil next month a sporty version of its Chevrolet Sonic subcompact car for the 2013 model year in a bid to make the 100-year-old brand more appealing to younger buyers.
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Music exec still critical after Hollywood shooting

A former Death Row Records vice president, John Atterberry, remains in critical condition at Cedars-Sinai Hospital in Los Angeles, one of several victims caught Friday in a Hollywood street rampage conducted by a distraught 26-year-old gunman.
Ferrari crash

Ferrari Crash in Japan 'A Gathering of Narcissists' [VIDEO]

In what is fast being called the world's most expensive car crash, no less than eight Ferraris, a Lamborghini and three Mercedes ended up in a massive 14-car pileup in Japan yesterday. Watch video of the pileup here, which began when one of the Ferarri drivers, almost all of whom were traveling above the speed limit, swerved into the right lane on the crowded freeway.
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US judge dismisses non-U.S. claims against Toyota

Toyota Motor Corp has won the dismissal of a U.S. lawsuit brought by vehicle owners in 14 other countries who said their Toyotas lost value because of the Japanese automaker's mishandling of alleged unintended acceleration problems.
Toyota Prius

Toyota, BMW Join Hands on Green Technology

Toyota Motor Corp and BMW AG agreed on Thursday to join hands on a broad range of environmental technologies, forging a partnership between two engineering stalwarts in the increasingly competitive auto industry.
Japan Nikkei

Nikkei Closes Up Friday for Biggest Weekly Gain in 2 Years

The Nikkei average extended gains to log its biggest weekly advance in two years on Friday, though the mood was far from upbeat given uncertainty over whether Europe will next week manage to cobble together steps to counter the debt crisis there.

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