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Monday, June 24, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: automakers


Toyota recalls 2010 Lexus GX 460 SUVs

Toyota says it will recall its 2010 Lexus GX 460 to address a potential problem with the SUV’s stability control system that targets possible rollovers.


Toyota expected to pay penalty

WASHINGTON – Toyota Motor Corp. is expected to agree to a fine of more than $16 million, the largest government penalty levied against an automaker, for a four-month delay in …


Toyota to temporarily halt sales of Lexus GX 460

Toyota Motor Corp. is temporarily halting sales of the 2010 Lexus GX 460 after Consumer Reports issued a rare “Don’t Buy” warning amid concerns the large SUV has handling problems …


Toyota V.P. urged automaker to ‘come clean’

WASHINGTON – Five days before Toyota announced a massive recall, a U.S. executive at the company wrote in an internal e-mail: “We need to come clean” about accelerator problems, according …


Toyota chief apologizes

WASHINGTON – Under blistering criticism, Toyota President Akio Toyoda personally and repeatedly apologized to Congress and millions of anxious American car owners Wednesday for deadly defects in popular models produced …


Toyota CEO faces lawmakers: ‘I’m deeply sorry’

Toyota CEO Akio Toyoda apologized personally and repeatedly Wednesday to the United States and millions of American Toyota owners for safety lapses that have led to deaths and widespread recalls. …


Toyota looks at incentives

ORLANDO, Fla. – Toyota Motor Corp. may offer incentives or increase the length of its warranties as it tries to recover from an embarrassing string of safety-related recalls. The company …


Nissan to take pre-orders for Leaf

NEW YORK – Nissan Motor Co. said Thursday that it will start signing up customers in April who want to buy its new Leaf electric car, with shipments starting by …


Most auto sales up in January

DETROIT – Toyota’s auto sales fell 16 percent in January, a month when it recalled millions of vehicles and halted sales of several models. Most other automakers reported higher sales …


Ford rebounds with ’09 profit of $2.7 billion

LOS ANGELES – Ford Motor Co. posted a profit of $2.7 billion for the year, a dramatic turnaround for the company, which weathered one of the worst years in the …


Ford ramps up SYNC features

LAS VEGAS – Need a billion-dollar corporate turnaround? There’s an app for that. Hitching a ride with the fast-paced Internet and consumer electronics industry, Ford Motor Co. on Thursday unveiled …


Toyota Prius is top-selling car in Japan

TOKYO – The Toyota Prius was the top-selling car in Japan last year – the first time a gas-electric hybrid has clinched that spot. The Japan Automobile Dealers Association said …


Toyota is No. 1 in vehicle recalls in ’09

WASHINGTON – In a first, Toyota led the U.S. auto industry in recalled vehicles this year, thanks to its largest safety-related problem since it began selling vehicles in the United …


GM subsidizes sale of Pontiacs and Saturns

DETROIT – General Motors Co. is paying dealers $7,000 for remaining Saturn and Pontiac models in what amounts to a sweetened incentive aimed at clearing inventories of the discontinued brands, …


As Saab deal falls through, GM ponders brand’s future

DETROIT – A deal for General Motors Co. to sell Saab to a specialty carmaker has collapsed, leaving the storied Swedish brand born from jets in 1947 close to extinction. …


GM says it’s on mend, posts $1.2 billion losses

DETROIT — General Motors Co. said Monday it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in previous quarters …


GM seeks fast debt payoff

WASHINGTON – General Motors Co. is expected to announce today that it will begin repaying its debt to the United States next month, years earlier than required. The nation’s largest …


GM’s new models key to its future

DETROIT – Two General Motors cars due in showrooms next year must be hits to help the automaker turn around sales and pay back its big debt to U.S. taxpayers. …


GM about to reinvent itself

DETROIT – The new General Motors is about to roll off the assembly line as a leaner, greener model, maybe even a profitable one, too. Once the world’s largest and …


Ford slows downhill slide

Auto sales in June, led by Ford Motor Co., showed what could be first signs of a recovery after a long and bleak run. The United States’ second-largest automaker reported …


GM takes its plan to bankruptcy judge

NEW YORK – General Motors Corp., hoping for a quick exit from Chapter 11, today will ask a bankruptcy judge to approve its plan to refashion itself as a leaner …


Deal puts Fiat in Chrysler driver’s seat

Just over a decade ago, German auto giant Daimler bought Chrysler for $38 billion, an alliance that promised to reinvent the auto industry. On Wednesday, Chrysler, bankrupt and downtrodden, got …


Chrysler sale is on

NEW YORK – The U.S. Supreme Court Tuesday night declined to hear an appeal from opponents of the sale of Chrysler’s assets to Italian automaker Fiat, clearing the way for …


Business in brief: GM to eliminate line of trucks

DETROIT – After unsuccessfully trying to find a buyer for four years, General Motors Corp. is giving up on its medium-duty truck business, saying that it will wind down manufacturing …


Business in brief: Toyota to start leasing plug-in hybrids in 2009

Tokyo – Toyota said Wednesday it will start leasing plug-in hybrid cars, that are even greener than its hit Prius, by the end of this year in the U.S., Japan …


GM reaches deal to shed Hummer

DETROIT – General Motors Corp. took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand to a Chinese manufacturer, while also revealing …


General Motors faces uncertain future after bankruptcy

DETROIT – General Motors’ bankruptcy filing will do what its past chief executives could not: Cleanse the century-old company of burdensome labor costs, unprofitable old factories and a boatload of …


GM Q-and-A: What took so long?

WASHINGTON – It’s no secret General Motors has been in trouble for a long time. The nation’s largest automaker has been teetering on the edge of collapse for months, losing …


GM to file for bankruptcy today

WASHINGTON – General Motors, the humbled auto giant that has been part of American life for more than 100 years, will file for bankruptcy protection today in a deal that …


GM hopes deal speeds recovery

WASHINGTON – By offering a sweetened deal Thursday to holders of $27 billion of General Motors’ bonds, the auto giant and the Obama administration are trying to follow Chrysler’s path …