For years, Toyota Motor Corp. has investigated complaints from drivers saying their Toyota and Lexus vehicles accelerated all by themselves, and the company has identified essentially one cause.
New York -- Steven Rattner, the Obama administration's former top auto adviser, disclosed for the first time Thursday that a key aim of restructuring Chrysler was installing a new management team.
Detroit --A federal prosecutor said Thursday she will appeal a judge's decision to grant bond to a Chinese citizen accused of stealing up to $32 million worth of Ford Motor Co. engineering plans.
General Motors said it expects to release a full restructuring plan for its Opel and Vauxhall operations in mid December, but did not specify the amount of cuts to capacity and jobs it would seek.
London -- U.K. car production was down 6.7 percent in October compared to a year ago, the smallest year-on-year drop of 2009, an industry group said today.
Forecasters are divided on the strength of November auto sales figures due to be released next month, but the results are expected to be on the higher end in a year that has seen few peaks. J.D. Power and Associates expects November sales to increase marginally, less than 1 percent from a year ago, while Edmunds.com is predicting a 4.5 percent decrease in sales.
The first-term Democrat from Bloomfield Township fired back at the 2008 Republican presidential nominee over his contention that no "objective" observer believes that Chrysler will survive and urged McCain to attend NAIAS in Detroit.
A former Ford Motor Co. employee was arraigned today in U.S. District Court on charges of stealing up to $32 million worth of trade secrets that he allegedly tried to sell to Chinese competitors.
The CEO of the Renault-Nissan alliance said General Motors would have been far better off if it had formed a transcontinental alliance with the French-Japanese auto partnership in 2006.
