In the auto industry, it's pretty well known that if you don't revamp your vehicles every few years, buyers will flee to companies with newer models. Ford learned that lesson again with its Escape compact SUV, which just six years...
Toyota's top U. S. executive says car sales nationwide have nearly bottomed out and his company will keep making them despite a dramatic shift to trucks and SUVs. U. S. CEO Jim Lentz told the Detroit Economic Club Wednesday that...
Electric car maker Tesla Inc. has delivered on its CEO's promise to build a lower-priced car at a rate of 5,000 per week by the end of June.CEO Elon Musk sent an e-mail to company employees Sunday praising them for...
A wireless update of antilock braking software improved the stopping distance of Tesla's electric Model 3, prompting Consumer Reports to reverse course and give the car its Recommended Buy rating.The magazine said Wednesday that the update cut 19 feet off...
Lexus is the most dependable vehicle brand for the seventh consecutive year in J.D. Power's annual survey.Porsche, Buick, Infiniti and Kia round out the top five brands in the survey. The worst performers were Chrysler, Land Rover, Fiat, Jeep and...
Toyota is seeing a nearly doubling of profit for the fiscal third quarter, and it lifted its annual profit projection through March to 2.4 trillion yen ($22 billion), a record high for the Japanese automaker.Toyota Motor Corp. reported Tuesday an...