U.S. safety regulators are weighing whether to make "black boxes" mandatory for all new vehicles in response to recent unintended acceleration problems in Toyota Motor Corp vehicles.
Sales incentives, including zero-percent financing offers, have boosted Toyota Motor Corp's U.S. sales by nearly 50 percent in early March, an industry tracking service and dealers said on Thursday.
U.S. traffic deaths in 2009 hit their lowest level in since the mid-1950s, according to preliminary data released ahead of a congressional hearing expected to take a critical view of auto
Mahindra & Mahindra Financial Services Ltd will increase its headcount by up to 1,500 employees in the next fiscal as it adds branches to finance a growing army of rural vehicle borrowers, a
UCO Bank has signed a pact with Hyundai Motor India Ltd for vehicle financing, a company statement said here. 'This tie-up will give us a platform from where different products of our bank can be
The U.S. Treasury's decision against a bankruptcy restructuring for GMAC may have increased taxpayer bailout costs for the auto finance company and made it less viable, an oversight group said on
Toyota Motor said on Thursday it has handed over to a U.S. congressional committee a letter sent to its management by a splinter union in 2006 seeking reforms to improve safety after a recall
Auto makers are in for a rough ride ahead as a rise in raw material prices coupled with costs associated with new emission norms could force them to increase prices further, which may hit volumes.
General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout,
Daimler, the world's leading truckmaker, expects commercial vehicle markets in developed countries to rebound only slowly while major growth comes in emerging markets, a top official said.