Automaker | featured news

Ford (F) swung to a profit for the first quarter today, earning $2. 1 billion ...

Why GM's future is in Asia.

"The company has shed dead weight, cut down its debt and slimmed its dealer network in order to be a more healthy business, but those moves have officially knocked The General from the top 10 of Fortune Magazine's fabled 500 list."

Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year, but the automaker says its fortunes have improved.

Toyota said it was recalling 600,000 Sienna minivans sold in the U.S. to address potential rusting spare tire cables that could break and create a road hazard.

Ford said European sales rose sharply in March, lifting its market share to a 12-year high, and the company said it is pressing for continued government incentives for car buying.

WASHINGTON (AP) -- Toyota Motor Corp. has suspended sales of the 2010 Lexus GX 460 after Consumer Reports warned car shoppers not to buy the sport utility vehicle because handling problems could lead to rollover accidents during sharp turns....

U.S. safety regulators are investigating a potential for brake failure in General Motors Co vehicles that could affect up to 6 million trucks and SUVs sold from the model years 1999 through 2003.

General Motors says it will proceed with the shutdown of the HUMMER brand, but TheCarConnection has confirmed that an American company has twice expressed interest in a HUMMER deal--both before and after a failed bid from a Chinese company.

The Transportation Department says it's seeking the maximum penalty, more than $16 million, against Toyota for failing to promptly notify the government about defective gas pedals among its vehicles.