Toyota Dreams of Green Car Future, But Tied to Gas-Guzzler Present

Toyota Motor Corp is hitching its future to green cars, investing billions of dollars in gasoline-electric hybrids and fuel-cell vehicles, but for now its record profit performance is being powered largely by a gas-guzzling U.S. market, Reuters. In the United States, relatively cheap gasoline prices helped to spur brisk 9 percent growth in industry-wide light ... Read More »

GM’s Profit, Hit by Recalls, Tumbles 80%

A $2.5 billion pretax bill for safety recalls and a victims’ compensation fund slashed General Motors Co.’s second-quarter profit and highlighted the work it must do to close a profitability gap with rival Ford Motor Co., which reported stronger results for the quarter ahead of a critical product launch, reported The Wall Street Journal. GM ... Read More »

Toyota Chalks Up Record Profit, Vehicle Sales

GM's April Sales Boost Raises Hope Of Gliding Past Recall Woes

VW Quarterly Profit Beats Estimates on Porsche Deliveries

Honda Motor Forecasts 3.6 pct Net Profit Rise This FY, Below Estimates

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