When consumers astonished the US auto industry two months ago by quickly shunning trucks and going for gas mileage, the biggest beneficiary ended up being Honda Motor Co. The No 2 Japanese carmaker, with the most fuel-efficient model lineup in the industry, ne...

TORONTO -- Canadian auto sales were lower in June with another sharp skid at General Motor as rising gas prices weighed on demand for SUVs and light trucks, according to company figures released yesterday.

Seoul, Jul 03, 2008 (JCN Newswire via COMTEX) ----Mitsubishi Motors Corporation announces that, as one of the key elements of its strategy for the Asian region in fiscal 2008, it is to enter the built-up car sales business in Korea working through its sole dis...

Despite rapidly falling sales and shares because of high gas prices, General Motors is not in immediate danger of bankruptcy. That's according to an auto analyst with JP Morgan. Analyst Himanshu Patel says fears of bankruptcy have been overblown despite the au...

Don't look for any Suzuki launches at the 2009 Detroit auto show. The automaker announced today that it is withdrawing its presence from the North American International Auto Show.

Nissan chief says price hikes likely in Japan amid soaring material costs YOKOHAMA, Japan June 25, 2008; Yuri Kageyama writing for the AP reported that Nissan Motor Co., Japan's third-biggest automaker, will likely raise prices for its vehicles in the Asian na...

Fuel-efficient Fit sets all-time record; Civic and Acura TSX set June records American Honda Motor Co., Inc., today announced total June sales of 142,539, up 13.8 percent on a daily-selling-rate basis(1), setting a new record for the month.

TOKYO — Toyota Motor is investing an additional $290 million in Japanese partner Fuji Heavy Industries, raising its stake in the parent of Subaru to 16.6 percent. Word of the deal had been circulating here since April.

Toyota is also retreating from its previous prediction of becoming the largest automaker in the world, as it tries to take the title away from General Motors.

Nissan Motor Co. unit Nissan North America Tuesday said total June sales fell 17.7% to 75,847 units on an unadjusted basis. June 2008 had three fewer selling days than June last year.

Mitsubishi 's new UltraThin Frame flat-panel TV line features two models, at 46 and 52 inches, that use a 16-speaker array to create a 5.1-channel sound field from a lone speaker cabinet below the monitor.

Virgin Mobile USA, Inc. (NYSE: VM), a leading national provider of wireless communications services, has announced that it has entered into an agreement to acquire Helio, a joint venture between SK Telecom and EarthLink, Inc.

TORONTO -- Toyota Canada announced yesterday it's lowering the manufacturer's suggested retail price on three Toyota and eight Lexus models. The reductions will range from $1,350 for the RAV4 to $7,900 for the Lexus SC series and will apply regardless of wheth...

Nashville, Tennessee – Nissan North America Inc. has announced it will increase production of the Altima at its facility in Canton, Mississippi to meet consumer demand. An additional shift of production will be added to the car system at the plant.

The 2009 Nissan GT-R has a manufacturer's suggested retail price of $69,850 for the GT-R and $71,900 for the GT-R Premium model. Destination and handling charge is $1,000. The GT-R is available only through officially certified Nissan dealers that have met a n...

Hydrogen-powered cars will not be commercially available on a large scale before 2020, a senior official from Japanese auto maker Mazda said at an international oil conference.

Toyota plans to introduce production of the Camry Hybrid at its joint venture with Guangzhou Automotive in China, reports Japanese newspaper the Nikkei . Key components will be imported from Japan.

TORONTO, ONTARIO, Jun 30, 2008 (MARKET WIRE via COMTEX) ----Caledonia Mining Corporation ("Caledonia") (TSX: CAL)(OTCBB: CALVF)(AIM: CMCL) is pleased to announce the signing of an agreement with Mitsubishi Corporation ("MC") on the Rooipoort & Mapochsgronde ("...