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Toyota Motor Corp. said today it will reshape or replace the accelerator pedals on 3.8 million vehicles involved in the company's largest recall ever. The company said it will reconfigure the shape of accelerator pedals to cut down on the risk that they may be jammed in the floor mat. In addition, it will replace original equipment floor mats with redesigned mats. 8:19 am U.S. ET | Nov. 25
   • Toyota recalls Tundra pickups on rusted-frame concern

A Swedish government official said today that General Motors Co. appeared to still have hopes of being able to sell its Saab unit after the wheels came off of a planned divestment. Joran Hagglund, an industry ministry official, said he talked with GM and the carmaker has not given up hope. 6:16 am U.S. ET | Nov. 25

GM will keep open all four of its Opel factories in Germany under a 3.3 billion euro ($4.92 billion) restructuring plan for the money-losing unit. Opel factories at Eisenach and Bochum, along with a factory in Antwerp, Belgium, were regarded as most at risk of closure. 8:01 am U.S. ET | Nov. 25   

General Motors Co.'s deal to sell its Saab brand collapsed when the buyer pulled out in a move that threatens the Swedish luxury brand with closure. GM had been aiming to ...
   • Dealers, GM surprised by demise of Saab sale
   • Sweden says private buyer only option for Saab
   • FROM OUR ARCHIVES: 'Born from Jets' meets the jet set -- published 6/22/09

Consumer advocates want the Obama administration to raise average fuel economy standards to 45 mpg by 2020, citing the availability of necessary technology and public con ...

Toyota Motor Corp. may move some jobs from California to Kentucky or Michigan as a cost-cutting move, Bloomberg News has reported. Toyota's U.S. product planning, account ...

The first nearly 200 buyers of the Porsche Panamera in the United States are getting a little something extra -- the Porsche luggage set, priced at $3,580 -- for free. ...

Kia hopes the Cadenza, a sleek, luxury sedan with nearly 300-hp, will do what the Amanti didn't: Elevate Kia's appeal to U.S. buyers wanting a large sedan. The Cadenza is ...

GM has paid back a loan from Germany and slightly lowered its target for job cuts at Opel/Vauxhall. Nick Reilly, Opel CEO, said on Tuesday that said his plans now call fo ...

Ford Motor Co. will launch a new car model in India every 12-15 months over the next five years, with its new Figo small car is set to drive a tripling of sales in 2010, ...
   • Ford extends line of credit for two years

Chrysler Group LLC has appointed a former Fiat Group executive as its new chief information officer in the latest management shake-up under CEO Sergio Marchionne. ...

BMW's controversial styling shows no sign of fading completely with the new 5-series, which has been restyled to keep it ahead of key rivals such as the Mercedes E-class ...