DETROIT (AP) — Cars that run on hydrogen and exhaust only water vapor are emerging to challenge electric vehicles as the world's transportation of the future.
At auto shows on two continents Wednesday, three automakers were unveiling hydrogen fuel cell vehicles to be delivered to regular people as early as spring of next year.
7. Government oversight of tour bus, truck industries faulted - Friday, November 08, 2013
WASHINGTON (AP) - Federal accident investigators called on Thursday for a probe of the government agency charged with ensuring the safety of commercial vehicles, saying their own look into four tour bus and truck crashes that killed 25 people raises "serious questions" about how well the agency is doing its job.8. Toyota profit jumps 70 percent despite sales slip - Friday, November 01, 2013
TOKYO (AP) — Toyota's quarterly profit soared 70 percent, and the world's top-selling automaker raised its earnings forecast, as cost cuts and the weaker Japanese yen compensated for slightly weaker vehicle sales.9. Japan car parts makers in price-fixing plea - Friday, September 27, 2013
WASHINGTON (AP) — Nine Japanese auto parts manufacturers and two of their executives will plead guilty and pay $740 million in criminal fines for conspiring to fix the prices of more than 30 products sold to many of the world's largest automakers operating in the U.S., the Justice Department announced Thursday.10. Honda recalls Odyssey, Acura MDX for airbag defect - Friday, September 13, 2013
TOKYO (AP) — Honda Motor Co. said Thursday it is recalling 318,000 Odyssey minivans in the U.S. and 63,400 Acura MDX sport-utility vehicles in several nations for an airbag defect.11. Nissan says 2014 Rogue is more efficient - Friday, September 06, 2013
FARMINGTON HILLS, Mich. (AP) - Nissan Motor Co. says its revamped Rogue SUV will be cheaper and more fuel-efficient than its rivals when it goes on sale in the U.S. in November.
Nissan unveiled the 2014 Rogue Tuesday at its North American technical center near Detroit. The Rogue's European counterpart, the X-Train, was revealed at the same time at the Frankfurt Auto Show in Germany. The X-Train goes on sale early next year.12. Toyota says new Prius, fuel cell car due in 2015 - Friday, August 23, 2013
YPSILANTI, Mich. (AP) — Toyota has two important vehicles coming in 2015: the next-generation Prius hybrid and the company's first hydrogen fuel cell car.
Satoshi Ogiso, a top Toyota engineer who helped develop the original Prius 20 years ago, said Wednesday that the new Prius will get significantly better fuel economy than its current 50 miles per gallon. It will have an advanced battery, motor and gas engine combination that is smaller, lighter and cheaper than the current version.13. Digital era threatens tenuous future of drive-ins - Friday, August 16, 2013
LANCASTER, Ohio (AP) — Through 80 summers, drive-in theaters have managed to remain a part of the American fabric, surviving technological advances and changing tastes that put thousands out of business. Now the industry says a good chunk of the 350 or so left could be forced to turn out the lights because they can't afford to adapt to the digital age.14. GM to invest $167M more at Spring Hill factory - Friday, August 02, 2013
NASHVILLE (AP) - General Motors plans to spend another $167 million at its Tennessee factory so it can build two new midsize vehicles.
The investment disclosed Tuesday is on top of a previously announced $183 million investment. The spending is expected to create or keep 1,800 jobs, but GM wouldn't say how many new people would be hired.15. Toyota profit up on cheap yen, forecasts raised - Friday, August 02, 2013
TOKYO (AP) — Toyota Motor Corp. said its profit for the first quarter of the fiscal year nearly doubled from a year ago, and set an ambitious, worldwide production goal that would break industry records if reached.16. Sony returns to quarterly profit on cheap yen - Friday, July 26, 2013
TOKYO (AP) — As a slew of big-name Japanese companies report improved quarterly earnings, one theme is taking the sheen off their rosy numbers: mainstay businesses are still struggling despite the perk from a weaker yen.17. Honda quarterly profit slips despite solid sales - Friday, July 26, 2013
TOKYO (AP) — Honda Motor Co.'s net profit for the first quarter of its fiscal year slipped 7 percent, largely on financial expenses and other spending, although its auto sales increased outside of Japan.18. Yen fall boosts Nissan quarterly earnings to $820M - Friday, July 19, 2013
TOKYO (AP) — Without doing much different, Nissan made its shareholders a lot more money last quarter.
The Japanese automaker's April-June profit jumped 14 percent from the previous year to 82 billion yen ($820 million) and its operating earnings, which factor out its tax bill and one-time quirks, increased even more strongly.19. GM, Honda to collaborate on fuel cell vehicles - Friday, June 28, 2013
NEW YORK (AP) — General Motors Co. and Honda Motor Co. are joining forces to develop hydrogen fuel cell vehicles.20. Cheap leases offered to spur electric car sales - Friday, May 24, 2013
DETROIT (AP) — Auto companies are hoping lower lease prices can put a charge into sluggish sales of electric cars.
Honda announced Thursday that it's slashing the monthly lease cost of its tiny Fit EV by one third, following similar moves by other automakers. Honda also is throwing in other goodies, such as a free home charging station and unlimited mileage.
21. US auto factories cutting back on summer downtime - Friday, May 17, 2013
DETROIT (AP) — The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks.22. Nissan chief welcomes yen fall for luxury brand - Friday, May 10, 2013
KAMINOKAWA-MACHI, Japan (AP) — Nissan Motor Co. President Carlos Ghosn welcomed the yen's recent decline to what he called "neutral" levels for the Japanese automaker's profitability, but said Tuesday it must drop further to be "normal."23. Toyota profit more than doubles on yen, cost cuts - Friday, May 03, 2013
TOKYO (AP) — Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback.
Toyota Motor Corp., which last year reclaimed the title of world's top-selling automaker, said Wednesday it expects the strong results to continue in its new business year that ends March 2014. It projected a 1.37 trillion yen ($13.8 billion) profit, up from 962 billion yen for the year ended March 2013.24. Detroit boosted by truck sales; Honda, Nissan gain - Friday, April 26, 2013
DETROIT (AP) — Ford, GM, Chrysler and Nissan all reported double-digit U.S. sales increases last month, signaling the best April for car and truck sales in six years.
A rebound in pickup truck sales led the way, especially for the Detroit automakers. Small businesses are replacing aging trucks that they've kept since the Great Recession.
25. Chrysler US sales up 11 percent in April - Friday, April 26, 2013
DETROIT (AP) — Strong demand for the Ram pickup truck helped drive Chrysler's sales up 11 percent last month as the company posted its best April in six years.
The increase is another sign that Americans continue to buy cars and trucks despite high unemployment and mixed economic signals. All automakers report monthly sales Wednesday, and industry analysts expect an overall increase of around 10 percent over April of last year. That would make it the best April since 2007.26. Nissan cuts prices on 7 US models - Friday, April 26, 2013
DETROIT (AP) — Nissan is cutting prices on seven of its 18 models in the U.S., hoping its cars and trucks will show up in more Internet searches by shoppers.
The price cuts vary with the amount of equipment on each model and run from 2.7 percent, or $580, on the top-selling Altima midsize car to 10.7 percent, or $4,400, on the Armada big SUV. Other models getting price cuts include the Sentra compact car, Juke small crossover SUV, Murano midsize crossover, Rogue small crossover and the Maxima full-size car.27. Honda's quarterly profit rises despite China woes - Friday, April 26, 2013
TOKYO (AP) — Honda's fiscal fourth quarter profit rose nearly 6 percent as the Japanese automaker's recovery from floods in Thailand the previous year offset recent sales losses in China.
Honda Motor Co. reported Friday a quarterly profit of 75.7 billion yen ($765 million), up from 71.5 billion yen the same period the previous year. Quarterly sales jumped 14 percent to 2.74 trillion yen ($27.7 billion).28. European car sales plummet, even in solid Germany - Friday, April 12, 2013
MILAN (AP) — Europe's auto market is in freefall. Once the motor for Europe's economy, the car industry has fallen victim to the region's widening recession and soaring unemployment. Carmakers have suffered 18 straight months of declining sales as people worried that they might soon be out of a job put off making big purchases.29. Toyota's hybrid vehicle sales pass 5 million - Friday, April 12, 2013
TOKYO (AP) — Toyota's global sales of gasoline-electric hybrid vehicles have surpassed 5 million in a milestone for a technology that was initially greeted with skepticism.
The Japanese automaker, which said Wednesday it had sold 5.125 million hybrid vehicles as of the end of March, started selling the Prius, the world's first mass produced hybrid passenger car, in 1997. Gas-electric hybrids deliver fuel efficiency by switching back and forth between a gasoline engine and electric motor depending on speed and other driving conditions, and recharges as it travels.30. Japanese, other automakers hit with air bag recall - Friday, April 12, 2013
DETROIT (AP) — Six automakers, including Toyota, Honda and Nissan, are recalling nearly 3.4 million older-model vehicles worldwide because of defective air bags that can send shrapnel flying into the passenger compartment.31. Toyota, Honda, Nissan announce air bag recall - Friday, April 05, 2013
TOKYO (AP) — Toyota, Honda and Nissan are recalling more than 2 million vehicles globally for an identical problem with air bags on the passenger side whose inflator may burst, sending plastic pieces flying.32. Nissan, Honda, Toyota shares boosted by Japan stimulus - Friday, April 05, 2013
DETROIT (AP) — U.S. shares of Japanese automakers are soaring Thursday as investors expect them to benefit from Japan's aggressive actions to stimulate its economy.
Shares of Nissan Motor Co., Toyota Motor Corp. and Honda Motor Co. all rose more than 4 percent after the Bank of Japan said it will increase the amount of cash in circulation.33. Honda recalls 250,000 vehicles for braking problem - Friday, March 08, 2013
TOKYO (AP) — Honda is recalling nearly 250,000 vehicles worldwide for brakes that can suddenly kick in even when the driver isn't braking.
No crashes have been reported related to the defect.34. Nissan quarterly profit dives on China sales slump - Friday, February 08, 2013
TOKYO (AP) — Nissan Motor Co. reported a 35 percent plunge in October-December profit to 54.1 billion yen ($579 million) as global sales languished, especially in China, where anti-Japanese sentiment flared over a territorial dispute.35. Toyota raises annual forecasts on profit rise - Friday, February 01, 2013
TOKYO (AP) — Toyota Motor Corp. raised its fiscal year profit forecast Tuesday to triple what it eked out for the disaster-struck previous year, as the world's top automaker continued on a comeback roll as sales surged, especially in the U.S.36. Honda profit surges, trims forecast on China - Friday, January 25, 2013
TOKYO (AP) — Honda's quarterly profit surged nearly 63 percent as production recovered after disruptions from natural disasters, but the Japanese automaker slightly lowered its full-year profit forecast because of sales losses in China.37. Sliding doors. Seats 7. Not a minivan, Ford says - Friday, November 09, 2012
DEARBORN, Mich. (AP) — It looks like a minivan. It has sliding doors like a minivan. So why isn't Ford calling its new seven-seater a minivan?
For the same reason you don't wear mom jeans or listen to Barry Manilow: It's not cool.38. Nissan profit rises 8 percent, cuts forecasts - Friday, November 02, 2012
TOKYO (AP) — Nissan's quarterly profit rose nearly 8 percent, but the Japanese automaker lowered its full-year forecasts Tuesday because of a sales slump in China and weakness in Europe.
Nissan Motor Co. reported a July-September net profit of 106 billion yen ($1.3 billion), slightly better than the 96 billion yen ($1.2 billion) profit forecast by analysts surveyed by FactSet. Quarterly sales improved 5.5 percent to 2.4 trillion yen ($30 billion).39. Toyota quarterly profit triples, raises forecast - Friday, November 02, 2012
TOKYO (AP) — Toyota's quarterly profit tripled, driven by a recovery from natural disasters, and the company raised its full-year earnings forecast Monday despite a sales slump in China.
Toyota Motor Corp., on track to regain the crown of world's No. 1 automaker this year, reported a July-September net profit of 257.9 billion yen ($3.2 billion) compared with an 80.4 billion profit a year earlier. The result was better than the 238 billion yen ($3 billion) quarterly profit forecast by analysts surveyed by FactSet.40. Mitsubishi Motors profit improves on cost cuts - Friday, October 26, 2012
TOKYO (AP) — Mitsubishi Motor Corp.'s fiscal second-quarter net profit improved 60 percent to 10.1 billion yen ($126 million) on cost cuts, but the Japanese automaker lowered its projection Tuesday for China, where a bitter territorial dispute is sending sales plunging.41. Toyota on top in latest Consumer Reports survey - Friday, October 26, 2012
DETROIT (AP) — And the winner is ... Japan.
Japanese brands took the top seven spots in Consumer Reports' annual reliability rankings, pushing aside their U.S. and European rivals. Toyota Motor Corp.'s Scion, Lexus and Toyota brands took the top three spots and the Toyota Prius C, a subcompact hybrid, got the best overall score. Mazda, Subaru, Honda and Acura were close behind.42. Chrysler 3Q profit nearly doubles - Friday, October 26, 2012
DETROIT (AP) — Strong U.S. sales powered Chrysler to a healthy third-quarter profit.
The company on Monday reported net income of $381 million, up 80 percent from $212 million a year earlier. The profit was due mainly to a 13-percent sales increase in the U.S., where Chrysler does three quarters of its business. The company sold nearly 417,000 cars and trucks in the U.S. under the Jeep, Dodge, Ram, Fiat and Chrysler brands.43. Nissan to add shift, 800 jobs at Tennessee plant - Friday, October 19, 2012
NASHVILLE (AP) — Japanese automaker Nissan Motor Co. announced Friday it will add a third shift at a vehicle assembly plant in Tennessee, adding more than 800 jobs.44. Toyota, Honda sales plunge in China on islands row - Friday, October 05, 2012
TOKYO (AP) — Sales of Toyota and Honda vehicles nosedived in China during September as anti-Japanese sentiment flared over a territorial dispute that threatens to hobble what was a booming business relationship between Japan and its biggest export market.45. GM's 3Q stock rise surprises industry - Friday, September 28, 2012
DETROIT (AP) — Surprise! The top-performing stock among automakers in the U.S. this quarter is General Motors.
The company, which endured management upheaval during the quarter and announced that it would lose substantial cash in Europe, saw its shares rise almost 18 percent from July through late September. The gain was the best since the first quarter of this year, when the stock climbed about 23 percent. GM posted strong profits in that period.46. Toyota raises sales plan as quarterly profit zooms - Friday, August 03, 2012
TOKYO (AP) — Toyota raised its sales target for this year to a record 9.76 million vehicles and reported a strong recovery in quarterly profit Friday, underlining its bounce back from a disaster plagued 2011.47. Honda's profit quadruples on disaster recovery - Friday, July 27, 2012
TOKYO (AP) — Honda's quarterly profit quadrupled to 131.7 billion yen ($1.7 billion) as the Japanese automaker bounced back from last year's natural disasters with more vehicles sold across all key regions except for Europe.48. Renault, Nissan invest in South Korea production - Friday, July 20, 2012
SEOUL, South Korea (AP) — The French-Japanese auto alliance of Renault and Nissan is investing $160 million in its South Korean unit to produce Nissan-branded vehicles mostly destined for the United States, taking advantage of the South Korea-U.S. free trade agreement and a more favorable exchange rate.49. Carmakers report strong June sales, easing worries - Friday, June 29, 2012
DETROIT (AP) — From mini cars to monster pickups, sales of vehicles charged higher in June and eased concerns that Americans would be turned off by slower hiring and other scary headlines.
Automakers reported big gains over June of last year. Chrysler posted its best June in five years. Sales surged at Volkswagen, which is on track for its best year in the U.S. since 1973.50. Nissan chief wary despite quick disaster recovery - Friday, June 22, 2012
YOKOHAMA, Japan (AP) — Nissan Chief Executive Carlos Ghosn said Tuesday the automaker needs to conserve cash despite its quick recovery from a year of disasters as the global economic outlook is highly uncertain.51. Nissan profit soars on record sales amid disaster - Friday, May 11, 2012
TOKYO (AP) — Nissan Motor Co.'s January-March profit more than doubled to 75.3 billion yen ($941 million) as the Japanese automaker achieved record sales despite production disruptions from last year's tsunami.52. Toyota quarterly profit quadruples on recovery - Friday, May 04, 2012
TOKYO (AP) — Toyota's quarterly profit more than quadrupled to 121 billion yen ($1.5 billion), and the automaker gave upbeat forecasts as it recovers from a sales plunge caused by the tsunami in Japan last year.53. Auto sales surge in March, led by small cars; Nissan up 12% - Friday, March 30, 2012
DETROIT (AP) — Appealing small cars, low interest rates, truck deals and unseasonably warm weather helped the auto industry achieve its best monthly performance in almost four years in March.54. Nissan not planning Datsun for developed markets - Friday, March 16, 2012
YOKOHAMA, Japan (AP) — Nissan's revival of the Datsun won't include developed markets, Chief Executive Carlos Ghosn said Wednesday, outlining a strategy to target the revamped brand at emerging nations where the biggest growth is expected for affordable stylish vehicles.55. Big sales for small cars in February - Friday, March 02, 2012
DETROIT (AP) — Small cars sold big in February.
With gasoline prices spiking 30 cents last month, demand soared for compact cars like the Focus and Civic. That lifted U.S. sales for Ford, Honda and other major automakers that reported February sales on Thursday.56. For car buyers, it's harder to end up with a lemon - Friday, February 17, 2012
DETROIT (AP) — Car shoppers today are less likely to end up with a lemon.
In the past five years, global competition has forced automakers to improve the quality and reliability of their vehicles — everything from inexpensive mini-cars to decked-out luxury SUVs.57. Super Bowl MVPs: Some ads on fire, others up in flames - Friday, February 10, 2012
Would you write a check for $116,000 for one second of TV airtime?
That was precisely the question Super Bowl advertisers faced this year. Thirty-second ads sold for a record $3.5 million, up a whopping 17 percent from last year.58. Chrysler posts 1st annual net profit since 1997 - Friday, January 27, 2012
DETROIT (AP) — Higher sales of Jeeps and other new vehicles propelled Chrysler to its first annual net income since 1997, capping a pivotal turnaround that many thought would never happen.
The U.S. automaker, now privately held and majority owned by Italy's Fiat SpA, earned $183 million last year, reversing a $652 million loss in 2010, its first full year out of bankruptcy protection.59. Toyota unveils high-tech concept car ahead of show - Friday, November 25, 2011
TOKYO (AP) — Toyota's president unveiled a futuristic concept car resembling a giant smartphone to demonstrate how Japan's top automaker is trying to take the lead in technology at the upcoming Tokyo auto show.60. Honda's profit sinks, Thai flooding clouds outlook - Friday, October 28, 2011
TOKYO (AP) — Honda's quarterly profit tumbled 56 percent, battered by the strong yen and production disruptions from the March tsunami disaster that are likely to be compounded by flooding in Thailand.61. Toyota global production bounces back in August - Friday, September 23, 2011
TOKYO (AP) — Toyota Motor Corp. said Wednesday its global production rose for the first time in a year in August as Japanese automakers continued to recover from the March 11 earthquake and tsunami.62. Detroit Three, UAW extend contract, keep talking - Friday, September 16, 2011
DETROIT (AP) — Negotiations between General Motors, Chrysler and the United Auto Workers union carried on Thursday even though bargainers missed a deadline for agreeing on a new contract.
The union, which represents 111,000 workers at Detroit's carmakers, agreed to keep working under the old GM and Chrysler contracts, which expired Wednesday at 11:59 p.m. While missing a deadline could have brought a strike in past years, GM and Chrysler workers have limited ability to strike under the terms of their government bailout agreements.63. UAW extends Chrysler, GM contracts after deadline - Friday, September 09, 2011
DETROIT (AP) — The United Auto Workers union extended its contracts with General Motors Co. and Chrysler Group LLC early Thursday after failing to meet a deadline to reach a new agreement.64. Car dealers fear economy could scare off buyers - Friday, August 12, 2011
STERLING HEIGHTS, Mich. (AP) — Jeff Swanson was in the market for a new car just a few weeks ago. Then the stock market went crazy.
So Swanson, 25, decided to keep his 10-year-old Pontiac Grand Prix for at least another year. Gyrations in stocks and talk of a weakening economy rattled Swanson's confidence about taking on another payment, even though his new job running a home for mentally disabled people seems to be secure.65. GM says 2Q profit nearly doubles on sales, prices - Friday, July 29, 2011
DETROIT (AP) — After years of big discounts, GM is finally getting a good price for its cars and trucks, and it's helping the company's bottom line.
General Motors Co. surprised Wall Street Thursday by doubling its second-quarter profit. A big reason was higher prices for its vehicles worldwide.66. Toyota ekes out quarterly profit, raises forecast - Friday, July 29, 2011
TOKYO (AP) — Toyota eked out a 1.1 billion yen ($14 million) quarterly profit and raised its annual earnings forecast Tuesday as it mounts a comeback from the devastation of the earthquake and tsunami in northeastern Japan.67. Nissan quarterly profit drops 20 percent - Friday, July 22, 2011
TOKYO (AP) — Nissan's quarterly profit dropped a smaller-than-expected 20 percent as Japanese automakers took a battering from the quake and tsunami disaster that disrupted car production and destroyed dealerships.68. Nissan works on recharging Leaf with solar power - Friday, July 08, 2011
YOKOHAMA, Japan (AP) — Japanese automaker Nissan is testing a super-green way to recharge its Leaf electric vehicle using solar power, part of a broader drive to improve electricity storage systems.69. Companies ordered more factory goods in May - Friday, July 01, 2011
WASHINGTON (AP) — Businesses requested more airplanes, autos, and oil drilling equipment in May The jump in factory orders after a sluggish spring suggests supply disruptions stemming from the Japan crisis are fading.70. GM, Ford June sales rise as gas prices fall - Friday, July 01, 2011
DETROIT (AP) — Falling gas prices brought truck buyers back to showrooms last month. Still, pump prices remained high enough that shoppers snapped up smaller cars as well.
Industry analysts expect overall U.S. sales to rise 13.5 percent from last June, to around 1.1 million cars and trucks. Automakers were reporting June sales throughout the day on Friday.71. Nissan posts $380 million quarterly profit - Friday, May 06, 2011
TOKYO (AP) — Nissan rounded out a record year for car sales by returning to profit in the fourth quarter but Chief Executive Carlos Ghosn acknowledged serious challenges from Japan's natural disasters.72. Unemployment applications hit 8-month high - Friday, April 29, 2011
WASHINGTON (AP) — The number of Americans applying for unemployment benefits surged last week to the highest level in eight months, a troubling sign a day ahead of the government's report on April employment.73. Prius factory to restart, Honda extends shutdown - Friday, March 18, 2011
TOKYO (AP) — Toyota Motor Corp. said it will soon resume production of the Prius and two other hybrid models while rival Honda Motor Co. has extended its Japan auto shutdown until early April in the aftermath of the massive quake and tsunami.