toyota

Toyota's Still Tops to Consumers, but Ford's Closing In

Despite its troubles in recent years, Toyota retained its crown in Consumer Reports' annual survey of auto-brand perception, but the survey also showed that Ford is rapidly closing the gap, and other brands aren't far behind.

New Cadillac ATS Takes Bold Aim at BMW 3 Series

BMW's 3 Series is the undisputed global king of the entry-level luxury sedans, but GM is looking to stage a bit of a coup with its Cadillac ATS. The car has all the right moves, inside and out -- but there's one thing missing.

Ford Fusion Revamp Steals the Detroit Auto Show

There was nothing wrong with the old Ford Fusion. In fact, it had its best sales year ever in 2011. It's a good-looking, high-quality sedan and a good value. But when Ford took the wraps off the new Fusion this week, it had been transformed from a good hybrid to a deluxe hottie.

Self-Driving Cars Are Coming Sooner Than You Think

Before you know it, cars that drive themselves may be available at your local dealership: According to a top GM official, vehicles that "partially drive themselves" will be available in just a few years, with more sophisticated self-driving cars possible by the end of the decade.

Can Toyota Catch Up to Detroit?

Somebody forgot to tell the automakers that the economy is going downhill: Auto sales in September were up 10% over last year's numbers, with all of Detroit's Big Three posting solid gains. Imports, however, did not fare as well. Can Toyota, once unstoppable, win back its former primacy, post-tsunami and accelerator debacle?

Hyundai and Kia See Accelerating Sales in September

Hyundai and its stablemate Kia have been taking U.S. auto market share gradually for more than two decades. Lately, though, those chunks have gotten bigger. The South Korean car makers' sales are expected to surge almost 25% in September compared to the same month year ago, according to research firm Truecar.

GM On Track to Be August's Car Sales Winner

GM is expected to show a sales increase of 15.3% from a year ago when it posts August numbers later this week, according to auto industry research firm Edmunds. That would be an improvement of 30,000 cars and light trucks and would eclipse the unit gains of its smaller rivals.

Will Debt Cap Fight Keep You from Buying a New Car?

Estimates of what will happen to consumer borrowing rates if the government defaults on August 2 are wildly divergent, but some expect that interests on loans could move at least .5% higher. That would certainly hurt the housing market, and could ding the new car market as well.

Toyota Accelerates Toward a Market Share Recovery

Toyota will announce Friday that by September, it expects to have all of its North American plants back to their normal production levels. Then, it can begin attempting to recoup the U.S. market share it lost due to shortages related to the Japan earthquake and tsunami, as well as a slew of recalls.

Toyota Recalls 51,000 Tundra Trucks

Another week, another Toyota recall. Just last week, Toyota recalled 308,000 RAV4s and Highlanders because of a problem with the airbags. This time...

Three Late-Model Used Cars That Are Better Than New

For many Americans, buying a new car right now just isn't an option. But for those who need a new set of wheels, there's a way around that problem: Buy one of the right used vehicles, and you'll be in a better position, both financially and from a car value standpoint. Which vehicles? Read on ...

Toyota Prius Sales Hit New Milestone in U.S.

Toyota's recent recall woes may have pushed its U.S. sales lower during the past year, but they haven't stopped one popular model from setting a new milestone: The fuel-efficient Toyota Prius hybrid recently surpassed 1 million sales in the U.S.

Is a Recovery Near for GM, Ford Shares?

So far this year, General Motors and Ford shares have dropped over 10% as the Dow Jones Industrial Average has moved higher by 5%. The primary reasons for the sell-off are concerns about consumer confidence and fear that a parts shortage from Japan will slow production. But that may be about to change.

Earthquake, Gas Prices Could Set Back New Car Sales

New car buyers may go on strike -- again. Faced with the rising cost of fuel and parts shortages that could drive up new car prices and make some popular models scarce, consumers in the market for a new car may decide to delay purchases or turn to used cars.

Get Ready to Pay More for Japanese Car Imports

If you're in the market to buy a new vehicle, particularly popular models from Honda and Toyota, be prepared to pay more. Many dealers, bracing for shortages of cars imported from Japan, are already adjusting prices. One expert expects the increases to "last weeks, if not months."

Japan's Nikkei Pares Losses as Factories Reopen

Japan's markets got a slight reprieve today as the yen slipped a bit after hitting a record high yesterday. While the lower value helped exporters recover from severe losses earlier in the trading session, the country has a long way to go before confidence in its economy's resilience is restored.

Toyota to Keep Japanese Plants Idle Into Next Week

The Japanese automaker has extended its halt on vehicle production at its plants in Japan through March 22, as the country continues to reel from the devastation of last week's massive 9.0 earthquake and ensuing tsunami.

Japanese Shares Rebound as Investors Go on Bargain Hunt

Japanese shares rode the wave higher today as investors scooped up shares in Japanese blue chip firms that many believe were oversold in the sell-off following Japan's triple disaster that began with Friday's 9.0 magnitude earthquake.

Earthquake's Effects Rattle Japan's Carmakers

Toyota, Nissan and Honda, among other companies, have shut down plants temporarily in Japan in the wake of Friday's earthquake and tsunami. While many of their factories were undamaged, crippled nuclear plants are causing power shortages, and there has been damage to parts makers and transportation infrastructure.

Japanese Market Nosedives in Quake Aftermath

Japanese shares plummeted in the aftermath of what Prime Minister Naoto Kan describes as Japan's worst disaster since 1945. The Nikkei 225 Index plunged 6.2%. In Hong Kong the Hang Seng Index gained 0.4% and China's Shanghai Composite Index inched up 0.1%.

Honda, Chrysler and Toyota Issue Safety Recalls Involving 77,000 Cars

Three top automakers are recalling vehicles for items ranging from steering problems to stalling engines to faulty tire-pressure monitoring systems. The largest involves 35,000 Honda Civic hybrid models to fix electrical components that could cause headlights to shut off or the engine to stall.