Toyota

Toyota Motor Corp. is negotiating a deal to license its expertise in hybrid vehicles and to supply car parts to its Chinese partner, FAW Group Corp by 2012.

Toyota is all set to launch their most ambitious car Etios in India and is likely to be priced at an aggressive entry price of 525,000 rupees (Ex-Showroom, New Delhi).

Despite the hugely successful initial public offering General Motors (NYSE: GM) underwent last week, the company still has numerous questions surrounding it, particularly its huge pension liabilities. As such, David Silver, an equity research analyst at Wall Street Strategies in New York, believes that Ford Motor Co. (NYSE: F) is the better auto company and more attractive stock right now.

Toyota motors will upgrade engine assembly lines worldwide to cut output cost and make even the smaller assembling units profitable, the Nikkei daily report said.

Toyota Motors plans to launch 11 new hybrid models by the end of 2012, in an effort aimed at limiting oil consumption and reducing carbon dioxide emissions through the use of electricity and other alternative energies.

Shares of automaker General Motors opened at $35 in its first trading day on the NYSE after recovering from a government funded bailout. The opening price was an increase of 2 percent from its IPO price of $33.

GM will begin trading on the New York Stock Exchange beginning today after a landmark intial public offering, from which GM is expected to raise as high as $23.1 billion.

General Motors Co is inching closer towards returning to the U.S. market in one of the biggest IPOs in the U.S. history and could even become the world's largest.

Registration of European passenger cars slumped by 16.6 percent in October against the numbers recorded in the corresponding period a year ago

Japan will start free trade talks with the European Union next spring, alarmed by the head start made by its main manufacturing rival in Asia, South Korea, which signed a pact with the European bloc last month.

Toyota Motor Corp plans to market a new electric vehicle based on its iQ ultra-compact car in 2012 in Japan, roughly coinciding with its release the United States, Kyodo news agency reported on Thursday.