South Korea GM Recall

2010-03-21T03:30:20Z

FILE - In this March 17, 2006 file photo released by the GM Daewoo, GM's Chairman and CEO Rick Wagoner, thrid from right, poses with GM Daewoo's President and CEO Nick Reilly, second from right, next to...

GM Daewoo 'to recall 58,000 vehicles in S.Korea'

2010-03-21T05:15:36Z

<div><p>GM Daewoo, the South Korean subsidiary of US car giant General Motors, Sunday recalled more than 58,000 vehicles because of defects, in the latest blow to Asia's crisis-hit auto industry.</p><p>The recall affects vehicles sold in

GM's SKorean unit recalling nearly 60,000 vehicles

2010-03-21T04:30:20Z

<div id="subtitle">GM's South Korean unit recalling nearly 60,000 vehicles over possible safety problems</div><div><p>General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats, the company's local unit and the government said Sunday.</p><p>The re...

GM Daewoo to recall 58,000 vehicles in S.Korea: government

2010-03-20T23:15:37Z

Apple director, ex-auto executive York dies

2010-03-18T15:46:48Z

<div id="subtitle">Jerome York, Apple director, auto industry reformer and Kerkorian adviser dies at 71</div><div><p>Jerome York, an Apple Inc. board member and a financial wizard credited with turning around Chrysler and IBM, died Thursday of a brain ...

Toyota, Lexus slip in key dependability study

2010-03-18T09:00:16Z

<div><p>DETROIT (Reuters) - Toyota and its luxury Lexus brand slipped for the second consecutive year in an influential vehicle dependability study released on Thursday.</p><p>Toyota Motor Corp's <7203.T&...

Apple board member York hospitalized: source

2010-03-18T08:15:13Z

<div><p>SAN FRANCISCO (Reuters) - Apple Inc <AAPL.O> board member Jerry York was hospitalized on Wednesday near his home in Detroit after suffering a collapse, a person familiar with the matter said.&...

Porsche takes top spot in dependability study

2010-03-18T07:45:14Z

<div id="subtitle">Porsche leaps to top of closely watched dependability study; Toyota loses ground to rivals</div><div><p>Porsche shot to the top of a closely watched study of long-term vehicle dependability, overtaking U.S. and Japanese rivals,

Japan Britain Nissan

2010-03-18T03:30:32Z

In this March 15, 2010 photo, Nissan Motors Co. Chief Operating Officer Toshiyuki Shiga speaks with a background of the automaker's "Leaf" zero-emission electric vehicle during a press conference with other executives of Japanese automakers, Fuji Heavy Industries and General Motors has reasonable chance to make money in 2010</div><div><p>If the economy cooperates and auto sales recover a bit, General Motors Co. has a reasonable chance of turning a full-year profit in 2010, its new chief financial officer said Wednesday.</p><p>Former Microso...

Ford Motor Co. shares hit five-year high

2010-03-17T14:33:13Z

<div id="subtitle">Shares of Ford Motor Co. continue steady rise, hit highest price in 5 years</div><div><p>Shares of Ford Motor Co. surged to a five-year high Wednesday after a ratings agency upgraded the automaker's debt and said Ford has the potential to improve its finances even further.</p><p>The Dearborn, Mich., automa...

The quest for energy solutions

2010-03-17T11:46:02Z

<div id="subtitle">The essential role of private enterprise</div><div><p>After a great deal of hype and hope, the Copenhagen climate summit produced no more than a vague promise to continue to work together. The only real point of consensus was to agree to meet again in November in Mexico to continue the discussions. </p><p>Last month, we noted the lack of measurabl...

GM CFO

2010-03-17T11:17:08Z

In this undated photo provided by General Motors Co., GM CFO Chris Liddell is shown. Liddell, at his first meeting with reporters in Detroit on Wednesday, March 17, 2010, said the automaker is making money in Brazil and China,...

Porsche cuts debt, forecasts loss this year

2010-03-17T07:17:15Z

<div><p>The German luxury car maker Porsche said on Wednesday that has paid down nearly half its mountain of debt but that it expects to suffer a net loss in its current fiscal year.</p><p>Porsche turned a profit in the first six months however, while maintaining a solid profit margin of 10.4 percent, company figures showed.</p><p>In the first half of its 2009/2010 fiscal yea...

Porsche H1 profit skids 83 pct on VW merger costs

2010-03-17T05:45:19Z

<div id="subtitle">German sports car maker says 6-month profit down 83 percent on costs of Volkswagen merger</div><div><p>A dip in sales and costs from its failed attempt to take over Volkswagen pushed sports car maker Porsche's six-month net profit down by 83 percent.</p><p>The maker of the 911, Cayenne and Toyota sales in Europe slip 20 percent in February; overall car sales rise 3 percent</div><div><p>Toyota's sales in Europe slipped 20 percent in February from a year ago after the company launched a massive recall to fix faulty gas pedals, according to EU car makers' sales...

Japan Toyota

2010-03-16T04:30:53Z

File - In this March 5, 2010 file photo, Akio Toyoda, president of Toyota Motor Co., bows during a Toyota's crisis meeting in Toyota city, central Japan, as Yoshimi Inaba, chief executive officer and president of Toyota Motor North America Inc., left, and Bob Waltz, Toyota Motor Sales USA Vice President of Product Quality and Service Support, left, speaks as Toyota Motor Sales USA Vice President of Communications Mike Michels looks on during a news conference held Monday, March 15, 2010 in San Diego. Toyota held the news conference to share preliminary findings of the ...

Chinese automaker BYD plans massive expansion

2010-03-15T01:15:43Z

<div><p>Chinese automaker BYD Co. said Monday it had massive expansion plans this year and would consider building a plant in the United States, a day after announcing annual profits had tripled.</p><p>The company, which has the backing of American billionaire Warren Buffett, said it will put aside 10...

BYD posts record Q4 profit on robust sales

2010-03-14T17:45:22Z

<div><p>SHANGHAI/HONG KONG (Reuters) - BYD Co, the Chinese car and battery maker backed by U.S. billionaire Warren Buffett, posted a forecast-beating fourth-quarter result on Sunday, as Beijing

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