The federal government’s controversial decision to step in and save General Motors from insolvency was the right thing to do, says the automaker’s new Chief Executive Daniel Akerson.
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Toyota is allegedly in talks to supply technology and key components for hybrid vehicles to Germany’s Daimler, according to a report Thursday in the Nikkei Business Daily newspaper. If a deal is made, Daimler would become fourt…
Toyota has asked a federal judge to dismiss hundreds of lawsuits over problems with unintended acceleration in its vehicles. The world’s largest automaker says such complaints are based on anecdotes, and fail to identify specif…