Honda Motor Co. is recalling Honda Pilot and Acura MDX SUVs from the 2012 model year for a potential fuel-tank leak. The National Highway Traffic Safety Administration says a vent shut float valve in the gas tank “does not meet design specifications.”
DETROIT -- Chrysler Group LLC is in talks with banks to create a financing joint venture that would help the automaker build on its recent sales momentum, two people familiar with the matter said on Wednesday.
DETROIT (Bloomberg) -- General Motors Co. sold 9.03 million vehicles worldwide last year, the company said on its Web site. The results probably secure the automaker's place as the world's largest by unit sales two years after emerging from bankruptcy.
9 January, 2012, Shanghai: After significant investment and growth in China, Aston Martin continues its bold expansion, with the opening of the luxury British marque’s largest flagship showroom, in the Pudong district of Shanghai.
LOS ANGELES (Bloomberg) -- Toyota Motor Corp.'s revamped Camry, the best-selling sedan in the U.S., won a "recommended" review from Consumer Reports magazine, which has been critical of some of the Japanese automaker's models.
Automotive sales have slumped over the past few years, but analysts at TrueCar and Edmunds predict that by the end of 2011, new car sales could reach 12.8 million units, the highest total since 2008.
ETROIT/HAMBURG (Reuters) -- The UAW is staking its future on the kind of struggle it hasn't waged since the 1930s: a massive drive to organize hostile factories.