A new recall from Toyota related to brakes in hybrid models increases the number of recalled vehicles to 10.37 million. Details inside.

This entry has no description.

Saab won EU regulatory approval on Monday for a state guarantee of a 400 million euros ($546 million) European Investment Bank loan, which is key to the carmaker's sale to Spyker Cars.

The European Union will only authorize aid for Opel if the company presents a credible rescue plan, said EU Competition Commissioner Neelie Kroes, adding that EU nations cannot offer Opel parent company General Motors Co.

Electric-vehicle services provider Better Place has opened a visitor center Sunday in Tel Aviv, Israel, designed to model the various parts of its business strategy for media and other visitors.

New York consultancy Casesa and Co. and Chicago-based investment bank Lincoln International today announced they have formed a strategic alliance.

Hyundai Motor Co. Chairman Chung Mong-koo today was ordered by a South Korean court to pay almost $60 million in damages to the automaker to compensate it for losses resulting from his business decisions.

Chrysler CEO Sergio Marchionne said Chrysler will invest $550 million in its plant in Toluca, Mexico to begin production of the compact Fiat 500 model car.

Ford Motor Co. has revealed a brand new performance engine made from aluminum rather than cast iron, a change that shaves 102 pounds off the weight of the 2011 Shelby GT500 performance sports car.

General Motors Co. this week will start shipping repair parts for sticking accelerators in the Pontiac Vibe crossover, the sister of the Toyota Matrix. The Vibe, made by the former joint venture between GM and Toyota Motor Corp.

Toyota Motor Corp. said it was preparing a global recall of its new Prius model, risking a fresh dent to its battered reputation for quality and reliability. As U.S.

Toyota Motor Corp. plans to recall its popular Prius hybrid in Japan on Tuesday, on its way to similar safety campaigns in the United States and other countries. Details of the planned recall were not immediately available.

This entry has no description.

This entry has no description.

This entry has no description.

This entry has no description.

This entry has no description.

This entry has no description.