- Toyota ordered to pay $11 million in U.S. trial over fatal crash – Reuters: (Reuters) – A U.S. jury on Tuesday ordered Toyota Motor Corp to pay nearly $11 million after finding that an accelerator defect in a 1996 Camry was at fault for a 2006 fatal car crash in Minnesota.
- Toyota Expects Record Profit – WSJ: Toyota Motor raised its full-year net profit outlook by 6.5% to another record-high, continuing to reap the benefits of a depreciating yen and strong U.S. auto market.
- Subaru XV Crosstrek Tops List of Quickest January Sellers – thedetroitbureau.com: The nasty winter weather that gripped many parts of the U.S. at one point last month may have influenced purchasing decision as the fastest selling vehicles were SUVs and crossovers, including the quickest seller, the Subaru XV Crosstrek. For details, go to TheDetroitBureau.com.
- Kia bringing new Picanto city car to Geneva – Via Google News: Frankfurt, 2 February 2015 ? Kia Motors Europe will unveil the enhanced Kia Picanto at the 85th Salon International de l’Automobile in Geneva on 3 …
- CHINA: Qoros appoints Phil Murtaugh as CEO – Just-auto: Qoros Automotive has announced the appointment of Phil Murtaugh as Chief Executive Officer, effective immediately.
- Chinese online video provider LeTV takes aim at manufacturing cars – Via Google News: Chinese online video provider LeTV’s electric car plan is a sign of the rising fervour among internet companies to enter the automobile world, but …
- Ralph Lauren’s Secret Rare Car Garage Revealed – Via Google News: Under an hour drive from his Manhattan duplex, Ralph Lauren has one of the world’s highest valued automobile collection in a secret garage he …
- Subaru parent earnings lifted by U.S. growth – Automotive News: The maker of Subaru vehicles reported a 50 percent surge in quarterly operating profit as booming U.S. vehicle sales and advantageous exchange rates lifted earnings. Operating income climbed to 124.5 billion yen ($1.
- Greens push for e-mobility in Energy Union plans – Via Google News: The European Automobile Manufacturer’s Association (ACEA) said that it has also ?invested heavily? in electric vehicles over the years but the results …
- Toyota raises profit outlook as weak yen offsets Japan slump – Reuters: TOKYO, Feb 4 (Reuters) – Toyota Motor Corp liftedits operating profit guidance by 8 percent on Wednesday as a. weaker yen increases the value of sales overseas and makes up. for slumping demand at home.
- Ford adding 1,550 jobs for F-150 production, promotes UAW workers – Reuters: DETROIT (Reuters) – Ford Motor Co said on Wednesday it is adding 1,550 workers at four plants to build the new aluminum body F-150 pickup truck.
- Korea Remains World’s #5 Carmaker Country for 10 Consecutive Years – Via Google News: 3, South Korean automobile production ranked fifth in the world for 10 consecutive years by making 4.52 million vehicles, and accounted for 5.0 …
- Toyota Must Pay $11 Million to Victims of Fatal Minnesota Crash, Jury Finds – WSJ: A federal jury found that Toyota Motor Corp. must pay nearly $11 million to victims of a fatal 2006 crash after deciding Tuesday that a design flaw in the 1996 Camry was partly to blame for the Minnesota wreck.
- US automobile sales jump in January – Via Google News: About 1.15 million cars and light trucks were sold in the first month of the year, an increase of 9.3 per cent from a year ago and the best monthly …