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Toyota recalls 1.67 million Toyota, Lexus cars
Japan's Toyota Motor Corp (7203.T) said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master cylinder that could hinder the brake's performance.
By Maki Shiraki; Writing by Chang-Ran Kim; Editing by Chris Gallagher and Kenneth Maxwell
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Europe's carmakers walk tightrope between low cost and high spec
Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down.
Volkswagen's Seat says nearing profitability
Volkswagen's (VOWG_p.DE) Spanish division Seat is nearing profitability as new models boost sales and core European markets grow, Seat boss Juergen Stackmann said.
Ford lowers 2014 pretax profit forecast to $6 billion
Ford Motor Co (F.N) has lowered its expectation for pretax profit this year to $6 billion, from its previous forecast of $7 billion to $8 billion, the automaker's chief financial officer told investors on Monday.
Wall St. ends down on Hong Kong tensions, Ford outlook
U.S. stocks ended lower on Monday following protests in Hong Kong that added to worries about Chinese growth and after a disappointing forecast from Ford Motor Co(F.N).
Ford shares tumble on lower profit outlook for 2014-2015
Higher recall costs in North America and steeper losses in Russia and South America have caused Ford Motor Co (F.N) to slash its forecast for pretax profit this year to $6 billion, from $7 billion to $8 billion previously, executives told investors at a briefing on Monday.
Safety group asks U.S. regulators for defect probe of Chrysler vehicles
A safety advocate group has petitioned U.S. regulators to open an investigation into an estimated 4.9 million Chrysler vehicles for issues that could lead to engine stalls and other problems, according to documents posted online by the U.S. National Highway Traffic Safety Administration.