BMW AG, falling behind Daimler AG's Mercedes-Benz in U.S. luxury auto sales, is introducing an incentive program through the end of this month that lets lease owners skip payments if they buy a new vehicle.
Chrysler Group's Mopar parts and service brand will take 23½ customized vehicles to the giant Specialty Equipment Market Association show in Las Vegas at the end of the month to try to capture more of the aftermarket accessory sales now going to independent producers.
Aabar Investments sold its remaining voting stake in Daimler AG two weeks after the world's third-biggest luxury-car manufacturer predicted the European auto-market contraction will hurt profit at its main brand. The Abu Dhabi sovereign-wealth fund disposed of its 3.1 percent holding on Oct. 5.
Toyota Motor Corp.'s new Lexus ES and GS sedans have emergency trunk release handles that break too easily and risk trapping someone in the cargo space of the luxury cars, according to Consumer Reports magazine.
Porsche SE, the holding company and former owner of German carmaker Porsche, has received a fresh lawsuit linked to its 2008 attempt to take over Volkswagen Group in the form of a 213 million euro ($275 million) claim from the family of a deceased industrialist.
Shares in Toyota supplier Tokai Rika fell nearly 10 percent in Japan following disclosures that it made parts involved in the automaker's global recall this week of 7.43 million vehicles for defective power-window switches.