The Auto Industry Is Cruising on Slow but Steady Demand

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…

General Motors Defends Volt All-Electric Vehicle Claim

General Motors is firing back at the automotive press after critics’ assertions that the much-anticipated Chevrolet Volt isn’t a true electric car — rather merely another hybrid, and not particularly fuel-thrifty.
…

Honda Fit Hybrid Battles Toyota Prius in Japan

Honda unveiled its new hybrid Fit subcompact in Tokyo Friday. At a starting price of around $19,160, it is cheaper than any other hybrid vehicle in Japan — including Toyota’s popular Prius.
Continue reading Ho…

Toyota to Offer Rebates on Lexus Models to Boost Sales

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…