(Corrects paragraph 9 and subhead reference to Toyota progress to strong from some)
SAIC Motor Corp, China's biggest automaker, sold 33.7 percent more vehicles in April than a year earlier, as policy incentives continue to bolster automobile demand in the world's largest auto market.
The Obama administration believes Toyota Motor Corp is paying closer attention to safety concerns, but Washington continues to investigate the carmaker and will not rule out a new fine, the top U.S. transport official said on Monday.
U.S. Transport Secretary Ray LaHood said he was encouraged by the steps Toyota Motor Corp has put in place to improve vehicle safety, but stressed he will be convinced only when its cars actually become safer.
Consumer Reports lifted on Friday its warning not to buy Toyota Motor Corp's Lexus GX 460 sports utility vehicle, after the automaker recalled vehicles for repairs and made changes on the assembly line.
The top U.S. auto safety regulator welcomed on Thursday proposals in Congress to sharply boost government powers for forcing vehicle recalls.
Honda Motor Co's chief financial officer said on Thursday automakers' need for a stable supply of steel meant negotiating prices with steelmakers every quarter was out of the question.
Toyota Motor Corp is extending heavy discounts to boost U.S. auto sales for a third month, U.S. Toyota executives said on Monday, as the automaker tries to recover from a series of damaging safety recalls.
Auto sales rose about 20 percent in April from recession-stunted results a year earlier, reflecting a still-gradual recovery in the economy.
Auto sales rose about 20 percent in April from recession-stunted results a year earlier, reflecting a still-gradual recovery in the economy.
U.S. auto sales rose in April from recession-stunted results a year earlier, supported in part by incentives, led by Ford Motor Co and Hyundai Motor Co .
General Motors Co posted a 6.4 percent increase in U.S. auto sales for April from a year earlier, lagging an expected rise of about 20 percent in the overall industry which has been helped by incentives.
U.S. auto regulators would be required to establish minimum standards to prevent unintended acceleration and carmakers would pay substantially higher fines for withholding safety information from the government, according to draft legislation being circulated.
Toyota Motor Corp announced on Thursday it was resuming sales of its Lexus GX 460 sports utility vehicle that were halted for two weeks.
Underwriters for Toyota Auto and Ally Master Owner Trust asset-backed offerings on Thursday launched larger-than-expected auto sales at tighter spread levels as investors chased supply, market sources said.
Brilliance Auto, BMW's partner in China, has halted its car exports to Europe after its in-house designed BS4 and BS6 sedans met with a cool reception, highlighting the quality issues facing Chinese automakers eager to tap mature markets.
Toyota Motor Corp will voluntarily recall about 50,000 Sequoia sport utilities because the stability system could cause an unexpected problem with low-speed acceleration, the company said on Wednesday.
Honda Motor Co forecast a smaller-than-expected 10 percent rise in full year operating profit and warned of stiffer competition as Korean and U.S. automakers roll out models to rival its fuel-efficient line-up.
Honda Motor Co , Japan's No.2 automaker, forecast a 10 percent rise in operating profit this year as demand in its biggest and most profitable U.S. market recovers from a multi-decade low.
Honda Motor Co , Japan's No.2 automaker, forecast a 10 percent rise in operating profit this year as demand in its biggest and most profitable U.S. market recovers from a multi-decade low.
Ford Motor Co posted a stronger-than-expected $2.1 billion quarterly profit and said it would be solidly profitable in 2010, a year ahead of schedule, driven by strong U.S. sales and market share gains.
Performance sports car maker Porsche AG's sterling reputation for quality took a severe dent on Tuesday, when it recalled every Panamera it built only months after the model line was launched to much fanfare.
