GM is recalling nearly 4,000 2010 Cadillac SRX crossovers to repair power steering lines that may get damaged and leak fluid, the automaker said Thursday. The problem has resulted in at least one fire, but GM said there have b…
Seeking to boost sales of Lexus brand vehicles, Toyota plans to offer rebates of up to $3,000, as well as subsidized financing on certain models, company executives told a gathering of Lexus dealers from across the country this…
GM is expected to announce the production of a new compact car for Buick — the Verano. The upscale sedan will be assembled in a former Pontiac plant in Orion Township, Mich., helping to restore 1,200 jobs at the facility.
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Toyota may have repaired most of the cars it recalled for unintended acceleration problems, but it hasn’t repaired its stock price, and U.S. shareholders have filed a class-action lawsuit against the automaker for failing to d…
Penske Automotive Group (PAG), a chain of car dealerships, reached an agreement with Japan’s Nissan Motors (NSANY) to sell a Nissan-made small car in the U.S. market under the Smart brand name.
Penske hopes that adding the Nissan-made car, a four-doo…