Toyota may build another factory in Mexico to produce small cars as the world’s largest automaker shifts more capacity outside Japan to remain competitive. The yen’s strength on world markets is said to be prompting the move.
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It’s not unusual for a departing chief exec to maintain some involvement with the corporation he or she led, usually by holding onto or taking a position on the company’s board of directors.
That can be a bad idea. Consider GM’…
General Motors said Friday it is recalling more than 300,000 Chevrolet Impala sedans to fix front seat belts that may not adequately protect passengers in a crash.
Continue reading GM Recalls 320,000 Chevy Impa…
The federal government’s stake in banking-giant Citigroup presents a conflict of interest in General Motors’ pending initial public offering, the automaker said Thursday.
Continue reading GM Says Government’s S…
Vehicle sales have been less than stellar in recent months, disappointing some analysts. But the industry is gradually improving in a broad trend that is benefiting nearly all automakers — including the Big Three, which have r…