Toyota Motor (TM) reportedly won’t resume vehicle production at any of its plants in Japan on Tuesday, as the automaker had planned. The continued stoppage leaves in question just how soon the world’s largest automaker will be able to resume operations…
Toyota, Nissan and Honda, among other companies, have shut down plants temporarily in Japan in the wake of Friday’s earthquake and tsunami. While many of their factories were undamaged, crippled nuclear plants are causing power…
Ford CEO Alan Mulally and Executive Chairman Bill Ford, have been awarded $56.5 million and $42.4 million in stock, respectively, in recognition for the company’s stunning turnaround, which resulted in the automaker raking in $…
Toyota is recalling another 22,000 trucks and sport-utility vehicles, this time so that it can repair faulty tire pressure monitoring systems.
Vehicles affected by the recall include the Toyota FJ Cruiser, Land Cruiser, Sequoia…
It was a good month for auto sales despite inclement weather across much of the country and surging oil prices. Cars sold near an annual pace of 13 million vehicles. That would make February the best on record since the “cash f…