Ford, Toyota to work together on hybrid trucks

Ford and Toyota say they'll work together to develop a gas-electric hybrid system to power pickup trucks and sport utility vehicles.

Mazda plans to stop making cars in US

Mazda Motor plans to leave its joint venture with Ford Motor and stop building cars in the United States, media reports have said.

Ford drives home biggest first-quarter profit in 13 years

Demand for greener cars and recovery in global economy life grew net income to $2,6bn.

Goldman executives' wages of sin

A nun leads the charge against the excessive amounts paid to corporate chiefs.

Discounts drive US car sales rise

US car sales jumped to a seven-month high in March led by a 41% surge at Toyota after the carmaker offered the steepest discounts in its history.

Toyota mulls Prius recall

Toyota is preparing to recall its iconic Prius hybrid car to address more than 100 complaints about delayed braking.

Ford offers fix for hybrid brake glitch

Ford said on Thursday it would fix up to 17 600 hybrid sedans that could suffer braking problems as Toyota grapples with a braking problem.

Toyota's US sales reel from crisis as GM, Ford surge

Toyota sales dropped 16% in January as the carmaker reeled from a massive recall and rivals Ford and General Motors surged past it in the US market.

Ron Gettelfinger: The man who conquered Detroit

After a catastrophic year for US carmakers, the head of the United Auto Workers union has emerged as one of the most powerful men in the industry.

State backs apartheid victims' case

Apartheid victims suing international companies for “aiding and abetting” will consider turning down an out-of-court settlement.

Ford completes tender offer, cuts billions in debt

Shares of Ford soared 16% on Monday after the company said it completed tender offers that will reduce its debt by 38%

Obama forming task force, drops 'car czar' idea

President Barack Obama has decided to form a government task force for restructuring the struggling US car industry instead of naming a "car czar".

No jets for bail-out companies

Glut expected on market as demand plummets for 2008's must-have executive perk.

SA car industry in a crunch, seeks govt support

The SA vehicle industry has approached the government for loans to help curb job losses as it struggles with a domestic and global economic downturn.

Slowing China car sales overshadow Detroit show

China posted a sharp fall in 2008 car sales growth on Monday as makers worldwide grapple with slowing demand.

Ring in the new year? The party's over

Carmakers put on a brave face at the world's biggest car show on Sunday, with the sales outlook bleak for the coming year.

US unveils rescue plan for car makers

The United States government agreed on Friday to an emergency loan of $13,4-billion to ailing car makers.

Financial gloom puts breaks on electric-car rollout

Despite a winning concept amid global climate concerns, Norwegian electric carmaker Think may see its dreams come to a screeching halt.

Bailout plan advancing, could soon face House vote

The White House and congressional Democrats on Tuesday night reached an agreement in principle on a $15-billion proposal for bailing out US carmakers.

White House reviews automaker bailout

The White House voiced concern about a Democratic plan on Monday to bail out stricken automakers with up to $15-billion in loans.

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