
Nissan chief welcomes yen fall for luxury brand
Nissan Motor Co. President Carlos Ghosn welcomed the yen's recent decline to what he called "neutral" levels for the Japanese automaker's ...

SKorea's central bank cuts key rate to 2.5 percent
South Korea's central bank on Thursday cut its benchmark interest rate for the first time in seven months, joining government efforts to boost the ...

Asia stocks rise after Dow hits another record
Asian stock markets rose Thursday on the heels of another record high on Wall Street and an interest rate cut in South Korea to boost economic growth.

NASCAR panel reduces JGR penalties
A NASCAR appeals panel sided with Joe Gibbs Racing on Wednesday and eased some of the penalties imposed for having an illegal part in Matt Kenseth's ...

Toyota profit more than doubles on yen, cost cuts
Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add ...

Detroit boosted by truck sales; Honda, Nissan gain
Ford, GM, Chrysler and Nissan all reported double-digit U.S. sales increases last month, signaling the best April for car and truck sales in six years

Honda's quarterly profit rises despite China woes
Honda's fiscal fourth quarter profit rose nearly 6 percent as the Japanese automaker's recovery from floods in Thailand the previous year offset ...
Toyota, Microsoft beef up Gazoo.com Net service
Toyota is teaming up with Microsoft for an Internet service that links cars, home computers and smartphones so users can find nearby tourist spots, ...

Hyundai Motor logs 15 percent drop in 1Q profit
Hyundai Motor Co. said Thursday its first quarter net profit fell 15 percent as a labor dispute slowed car production in South Korea. The country's ...

GM says Chevy Spark EV can go 82 miles per charge
General Motors said Wednesday that the battery-powered version of its Chevrolet Spark mini-car can travel up to 82 miles on a single charge, putting ...

European recession hits major car makers
Europe's stubborn recession cut deeply into profits at major automakers Ford, Volkswagen and Daimler, first-quarter results showed Wednesday as the ...

Toyota top selling automaker despite China fall
Toyota held onto its status as the world's top-selling automaker in the first quarter of this year, although the three-way race with General Motors ...

At Shanghai show, Japan automakers woo lost sales
Japanese automakers promised special Chinese designs and green technology in addition to the usual flashy fanfare at this year's Shanghai Auto Show, ...
Toyota to build Lexus in Kentucky, add 750 jobs
Toyota will start building the Lexus ES 350 at a factory in Georgetown, Ky., starting in 2015, producing a luxury brand vehicle for the first time in ...
GM says diesel Chevrolet Cruze gets 46 mpg
General Motors Co. says the new diesel version of the Chevrolet Cruze gets 46 miles per gallon on the highway, making it more efficient than some ...

European car sales plummet, even in solid Germany
Europe's auto market is in freefall. Once the motor for Europe's economy, the car industry has fallen victim to the region's widening recession and ...

Toyota's hybrid vehicle sales pass 5 million
Toyota's global sales of gasoline-electric hybrid vehicles have surpassed 5 million in a milestone for a technology that was initially greeted with ...

GM to roll out new line of smaller pickups
General Motors plans to roll out a line of completely revamped midsize pickup trucks, with gas mileage and features designed to take sales from ...
GM 1Q global sales rise 3.6 percent to beat VW
General Motors edged out fast-growing Volkswagen in first-quarter sales as both companies try to close the gap with Toyota for the global world sales ...

SKorea plans $15 bln extra budget to boost economy
South Korea's government announced a $15.3 billion stimulus plan Tuesday to boost slowing growth in Asia's fourth-largest economy. The stimulus would ...

Suu Kyi visit highlights Japan's Myanmar push
Japan's long-deferred aspirations for a larger role in Myanmar are getting a boost this coming week with a visit by Nobel Peace Prize laureate and ...

Japanese, other automakers hit with air bag recall
Six automakers, including Toyota, Honda and Nissan, are recalling nearly 3.4 million older-model vehicles worldwide because of defective air bags that ...
Toyota, Honda, Nissan announce air bag recall
Toyota, Honda and Nissan are recalling more than 3 million vehicles globally for an identical problem with air bags on the passenger side whose ...
Calif. DA says Toyota to pay $16M settlement
A $16 million settlement over the safety recall of Toyota vehicles that were at risk for unintended acceleration and braking issues was announced ...

Japan central bank revamps policy to boost economy
Japan is taking aggressive action to lift consumer prices, encourage borrowing and help pull the world's third-largest economy out of a long slump.