Automaker, Carmaker | featured news

General Motors said its U.S. sales in May jumped 32% for the four brands the company kept after its restructuring thanks to continued strong demand for crossover vehicles and cars.

Nissan Motor Co recalled Infiniti G35 sedans and coupes affecting as many as 134,000 cars due to a connector that could cause airbags not to deploy during a crash.

Toyota Motor Corp. recalled about 50,000 Sequoia sport utility vehicles from the 2003 model year to fix an unexpected slowing of the vehicle in the latest recall issued by the Japanese automaker.

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.

Ford Motor reached an agreement to sell its Volvo subsidiary to a Chinese conglomerate for $1.8 billion.

A Toyota Prius was not the cause of a March 9 crash in Harrison, New York, said authorities citing "black and white" results in their investigation.