General Motors outsold Toyota Motor globally in the first six months to become the world’s largest automaker after the record March earthquake disrupted production in Japan.
Several major auto makers on Friday embraced the Obama administration's proposal to push the industry further away from once-dominant gas guzzlers to more lean and efficient vehicles.
The Ford Motor Company plans to invest almost $1 billion in northwest India, building factories to make nearly a quarter of a million cars a year, company executives said on Wednesday.
New Delhi: Japanese auto giant Toyota on Monday drove in Liva compact at Rs 3.99 lakh (ex-showroom Delhi, entrylevel model) to mark its presence in the high-volume small car segment in India.
Toyota Kirloskar Motor Pvt. Ltd. on Thursday launched new variants of Corolla Altis, priced between Rs.10.53-lakh and Rs.14.77-lakh for petrol versions and Rs.11.46-lakh and Rs.14.55-lakh for diesel versions.
The petrol variant comes with an all-new powerful 2ZR Dual VVT-I engine and super CVT-i with 7-speed sequential shiftmatic, producing output of 140 PS.
After years of being outgunned by Japanese rivals, the American auto industry has made small cars a central part of its strategy, seeking to capitalize on a fundamental shift in the preferences of consumers in an era of fast-rising gas prices.
By refocusing on small cars and de-emphasizing the gas-guzzlers that had long sustained the industry, General Motors and Ford in particular are preservin
Toyota Motor, the world's largest carmaker, may lose output of at least 40,000 vehicles after Japan's strongest earthquake damaged factories and crippled nuclear power plants, causing electricity shortages.
Toyota closed 12 plants in the nation through March 16, Shiori Hashimoto, a spokeswoman for the Toyota City, Japan-based company, said by phone.
