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General Motors Corp., pummeled by falling U.S. sales and high gas prices, lost the global sales lead to Toyota Motor Corp. in the first half of this year, but the churning market makes it difficult to predict which automaker will end the year on top. ...more
July 24, 2008
Volkswagen picked Chattanooga over rival sites in two other states for a new U.S. assembly plant expected to create about 2,000 jobs. ...more
July 16, 2008
Honda will sell a new, improved and affordable gas-electric hybrid in the United States, Japan and Europe starting in early 2009, underlining the Japanese automaker's commitment to "green" technology, the company president said Wednesday. ...more
May 22, 2008
Honda's new hydrogen-powered vehicle, set for leasing within a few months, radically reduced the sizes of its fuel cell and motor, leaving the same interior space as a regular car, engineers said. ...more
May 19, 2008
Battered by a slumping North American auto market and unfavorable currency swings, Toyota is forecasting a double barrel of bad news this fiscal year: its first year-on-year sales slide in nine years and first profit slip in seven years. ...more
May 9, 2008
Toyota Motor Corp. plans to recall about 90,000 Highlander sport utility vehicles in the United States. ...more
May 3, 2008
When thousands of U.S. auto dealers gather in San Francisco this weekend, much of the talk will be about just getting through 2008. ...more
February 9, 2008
All major automakers except for General Motors Corp. saw their U.S. sales drop in January to start what industry analysts have predicted will be the worst auto sales year in the United States in more than a decade. ...more
February 2, 2008
Toyota may have fallen short of General Motors in global vehicle sales last year, but it has beaten its U.S. rival in another measure - global vehicle production. ...more
January 29, 2008
Ford Motor Co. will offer buyout and early retirement packages to 54,000 U.S. hourly workers, or 93 percent of its hourly work force, in an effort to cut costs and replace those leaving with lower-paid workers. Thursday's announcement came as Ford said it narrowed its losses in 2007 but warned that the outlook for U.S. sales in 2008 remains grim. ...more
January 25, 2008
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