The fleet of new cars and trucks sold to U.S. consumers averaged 21 miles per gallon in the 2008 model year, a modest increase over the previous year, the Environmental Protection Agency reported Friday. ...more

November 21, 2009

Toyota Motor Corp. has unveiled a more expensive and bigger hybrid-only model than its hit Prius, underlining the Japanese automaker's ambitions to make green technology more widespread. ...more

October 21, 2009

Turmoil in the U.S. auto industry was front page news in Japan on Tuesday, where the general reaction was a mixture of skepticism about the outlook for General Motors and Chrysler and concern about the fallout on homegrown brands. ...more

March 31, 2009

Jaguar and Buick surged to the top of the 2009 J.D. Power and Associates Vehicle Dependability Study, tying for the No. 1 spot and dethroning Lexus for the first time since the Japanese luxury brand became part of the survey. ...more

March 21, 2009

Major automakers' U.S. sales continued their deep slump in February, putting the industry on track for its worst sales month in more than 27 years as huge rebates and low-interest financing failed to spur fearful consumers to make a major purchase. ...more

March 4, 2009

Japan's Toyota Motor Corp. sold more cars and trucks last year than General Motors Corp., stripping the Detroit automaker of the No. 1 global sales crown. But it's a victory made hollow by the overall industry's continued struggle for viability amid one of its worst sales declines ever. ...more

January 21, 2009

Toyota Motor Corp. on Monday unveiled the highly anticipated 2010 Prius that gets an average of 50 miles to the gallon. That's a 4 mpg improvement over the current model, which already is the most fuel-efficient vehicle ranked by the Environmental Protection Agency. ...more

January 13, 2009

Toyota Motor Corp. slashed its earnings forecast again Monday, projecting that it would report its first operating loss ever for the fiscal year through March on waning global demand and a surging yen. ...more

December 22, 2008

The auto industry is preparing to report another month of rapidly slowing sales - possibly the worst in decades - as the same toxic combination of the credit crunch and the careening economy continue to keep consumers away from dealerships. ...more

November 1, 2008

Shares of Toyota Motor Corp. plunged Wednesday following a major business daily report that Toyota's operating profit would fall 40 percent this fiscal year through March. ...more

October 9, 2008