Toyota voluntarily recalled vehicles made in 2012-2013 due to safety issues. Toyota said it would notify vehicle owners through first-class mail about the recall of some of its 2012-2013 car models.
Automotive
Chevrolet unveils 2014 Corvette Stingray
Chevrolet unveiled the seventh generation 2014 Corvette Stingray. The 2014 Corvette Stingray was finally unveiled by carmaker Chevrolet today. The Stingray was first introduced in 1963.
France's Aulnay plant closes shop
Like a death in the family, union members of PSA Peugeot Citroen factory located in Aulnay, France mourn the closure of the 40 year old plan.
Peugeot choosing between GM and Dongfeng
Peugeot weighing options between a cost cutting partnership with GM or an expansion push with Dongfeng.
Lamborghini unveils USD 4.5 million Veneno Roadster
There would only be nine units built for the ultra-expensive Lamborghini Veneno Roadster. Lamborghini unveiled the Veneno Roadster, a drop-top version of the Veneno which was released earlier this year.
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Toyota Motor Sales USA voluntarily recalled some cars because of problems encountered with the airconditioning condenser unit housing.
The takeover of the Hysco businss ensures steady supply of steel for Hyundai Motor Corp. Parent company Hyundai Steel Co had laid out plans to take over the core business of its subsidiary Hyundai Hysco Co.
Harley-Davidson recalled some motorcycle units because of problems with its hydraulic clutch system.
Harley-Davidson voluntarily recalled several motorcycle models made between May to October this year.
Advance Auto Parts would acquire General Parts International to form the largest automotive aftermarket parts provider in North America.
No financial details were provided in the acquisition of Applied Products Inc or Retrax by Kinderhook's Tectum Holdings LLC.
VEBA Trust pegs shareholdings at USD3.6 billion. The healthcare trust affiliated with the United Auto Workers union had finally placed a price tag on the worth of its shares in Chrysler Group.
South Korean company Hankook Tire would be investing USD 800 million to build its first tire plant in the US.
Analysts predicted that the Bayerische Motoren Werke (BMW) AG's move to withdraw its expansion plans in South Africa could affect the country's economy.
