Category Archives: Auto

Toyota aims to bring fun back with “86″ sports car

Full Story at news.Yahoo.com OYAMA-CHO, Japan (Reuters) – Toyota Motor Corp <7203.T> unveiled a highly anticipated sports car that it hopes will trigger the rebirth of the company as a maker of “fun” cars that it hasn’t been in years. Japan’s top automaker took the wraps off the compact, rear-wheel-drive model at the Fuji Speedway [...]

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Toyota recalls 550,000 cars for steering issue

Full Story at newsYahoo.com TOKYO (AP) — Toyota Motor Corp. said Wednesday it is recalling about 550,000 vehicles worldwide — mostly in the United States — for problems that could make it harder to steer. The recall affects 447,000 vehicles in North America, as well as 38,000 in Japan and another 25,000 in Australia and [...]

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Ford announces Focus Electric price: $40,000

Full Story at money.cnn.com NEW YORK (CNNMoney) — Ford has begun to take orders for its first plug-in passenger car, the Focus Electric, in New York, New Jersey and California. The car’s price will start at about $39,995, about the same as General Motors’ (GM, Fortune 500) Chevrolet Volt. But unlike the Volt, the Focus [...]

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Ford launches ‘new’ ’65 Mustang

Full Story at msnbc.com Everything old is new again — especially when it comes to the classic 1964-1/2, ’65 and ’66 Mustangs. Like many makers, Ford has a catalogue full of parts for those original pony cars, everything from brakes to seats. But now, it seems, you can even order all-new, factory-approved Mustang bodies rather [...]

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Strike at Ford plants less likely after vote

Full Story at money.cnn.com NEW YORK (CNNMoney) — The possibility of a strike at the nation’s No. 2 automaker seems to have been averted over the weekend as the tentative agreement between Ford Motor and the United Auto Workers now appears likely to pass a ratification vote of rank-and-file union members. Going into the weekend, [...]

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GM announces Chevy Spark fully electric car

Full Story at money.cnn.com NEW YORK (CNNMoney) — General Motors, maker of the Chevy Volt plug-in hybrid, will sell a small totally electric car beginning in 2013, the automaker announced Wednesday. The Chevy Spark EV will be sold in limited markets in the U.S. and other countries, GM said. Smaller than a typical subcompact, the [...]

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VW recalling 160,000 vehicles for fuel line issues

Full Story at BottomLine.msnbc.msn.com Volkswagen is recalling 168,275 Audis, Golfs and Jettas for problems with the fuel line that could lead to leakage and perhaps ignite a fire, according to the National Highway Traffic Safety Administration Thursday. In documents filed with NHTSA, Volkswagen said the fuel line in the recalled vehicles could develop cracks and [...]

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GM sales rise 20% on strong demand for trucks, SUVs

Full Story at BottomLine.msnbc.msn.com Strong demand for full-size pickups and SUVs drove up General Motors’ U.S. sales last month, the automaker said Monday. GM reported total sales of 207,145 vehicles in September — a 20 percent increase over the same month a year ago. Truck sales, which include full-size pickups and SUVs, jumped 34 percent, [...]

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Last Ford Crown Victoria rolls off the line

Full Story at money.cnn.com NEW YORK (CNNMoney) — The last Ford Crown Victoria rolled off a Canadian assembly line Thursday, marking the end of the big, heavy Ford cars that have been popular with taxi fleets and police departments for decades. Since 1979, almost 10 million Crown Victoria, Mercury Grand Marquis and Lincoln Town Cars [...]

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Elvis’ first guitar and Beatles photos on the block

Full Story at Money.cnn.com Guernsey’s auction house in New York City is putting a vintage trove of rock ‘n’ roll memorabilia on the block on Sept. 24 and 25. The center piece is Elvis Presley’s first guitar, a battered, taped-up acoustic with only four strings. Other items include numerous photos of the Beatles on the [...]

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Honda recalls 1 million cars globally

Full Story at money.cnn.com NEW YORK (CNNMoney) — Honda said Monday that it will recall 1 million cars globally to fix an electrical problem and a software glitch. The company is recalling 936,000 cars worldwide from its Fit and CR-V lines to replace the master switch for the cars’ power windows. A design flaw can [...]

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7 great Labor Day car deals

Full Story at money.CNN,com Picking the right time to buy can be tricky. The deals will get better later in the year, said Jesse Toprak, auto sales analyst with TrueCar.com. But the selection gets slimmer, too. You might not find a great price on exactly the car you want if you wait too long. Labor [...]

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Chevy Volt may be running out of juice

Full Story at  msnbc.com DETROIT — Is the Chevrolet Volt running out of juice? Even as the maker begins its long-promised production ramp-up, a new study suggests that potential buyers are rapidly losing interest in the plug-in hybrid vehicle. Introduced last December, Volt is one of the first new vehicles to test the potential market [...]

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Oil demand could be hurt by sluggish economy

Full Story at money.cnn.com NEW YORK (CNNMoney) — The International Energy Agency, in the wake of the recent plunge in oil prices, warned Wednesday that continued global economic weakness through next year could slow demand for oil. The IEA, in its monthly report, said that oil prices have dropped as much as $15 per barrel [...]

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