minivan

Honda Also Plans Recall Related to Brake Fluid Leaks

First Toyota, now Honda: Japan's No. 2 automaker said Thursday it also plans to recall an as-yet undetermined number of vehicles because of brake fluid leaks that could lead to reduced braking power. Toyota's recall for same issue, announced earlier in the day, affects 1.5 million vehicles.

Auto Industry Cruises on Slow, Steady Demand

Though vehicle sales have underperformed some analyst expectations in recent months, results are much improved compared to those of a year ago. The industry is seeing a broad trend that is benefiting nearly all automakers.

GM Says Employees Can Buy IPO Shares

General Motors is offering some 600,000 employees, retirees and dealers the chance to purchase stock in the resurgent company as the auto giant moves forward with its initial public offering, slated for next month.

Ford Sales Surge 46% in September

Ford Motor (F) reported higher sales in September on strong demand for fresh models, as sales rose 46% compared to September 2009, the company said Friday.

GM Sales Jump 10.5% in September

General Motors reported Friday that overall vehicle sales in September 2010 climbed 10.5% on a year-over-year basis, based on strong demand for its new generation of crossover vehicles. Among its four core brands -- Buick, Cadillac, GMC and Chevrolet -- GM sales rose 22%.

China's Largest Automaker Weighing GM Stock Purchase

China's SAIC Motor is considering taking a stake in General Motors when the Detroit-based automaker begins its public offering of stock later this year. Though some Americans will likely object to foreign ownership, GM's stakeholders will likely need all the help they can get unloading shares.

Toyota to Recall 600,000 Sienna Minivans

Toyota Motor Corp. said Friday it was recalling 600,000 Sienna minivans sold in the United States to address potential rusting spare tire cables that could break and create a road hazard in the latest safety problem to strike the beleaguered automaker.