Inside these posts: Autos

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At Ford plant, Obama says his plan saved industry

President Barack Obama today told workers at a South Side Ford plant that his bailout push helped save an “industry on the brink.” More ยป Get the full story »

GM CEO Whitacre says IPO filing not ready yet

General Motors Co. has begun to work on the U.S. regulatory filing needed for an initial public offering but does not expect to have that ready in the next two weeks, Chief Executive Ed Whitacre said on Thursday.

“We are working on an S-1,” Whitacre told Reuters, referring to the U.S. Securities and Exchange Commission registration statement required for a securities offering. Get the full story »

417,000 Toyota Avalons, Lexus LX470s recalled

Toyota Motor Corp. said Thursday that it would recall nearly 417,000 high-end passenger cars and SUVs in the United States and Canada to fix steering problems.

The recalls of Toyota Avalon sedans and Lexus LX470 sport-utility vehicles pushes the number of vehicles Toyota has recalled over the past year globally to nearly 11 million, marring its reputation for quality. Get the full story »

Nissan returns to profit; Mitsubishi narrows loss

Nissan Motor Co. veered back into the black in its latest quarter as global car sales rebounded, while its smaller rival Mitsubishi Motors Corp. narrowed its quarterly loss.

Toyota delays U.S. Prius production 6 years

Toyota Motor Corp. has pushed back plans to build its Prius in the United States by as much as six years, with a top executive saying U.S. production is likely to start only when the best-selling hybrid is remodelled. Get the full story »

Score another J.D. Power win for domestic cars

Domestic auto brands followed their coup in reliability rankings by topping imports in basic looks and appeal, according to the latest J.D. Power and Associates study.