Month: June 2013

Toyota said it is unlikely to recapture its peak market share it held four years ago in the United States, its biggest market, the latest sign the Japanese carmaker is shifting from aggressively expanding sales to improving quality.

The voice-to-text features that car companies are offering to keep drivers’ eyes on the road may also be highly distracting, the consumer group AAA warned today as it released the results of a two-year research project.

BMW has about 100,000 reservations from around the world from people who want to test its first electric vehicle, sales boss Ian Robertson said, adding that the automaker has “significant numbers of deposits” for the car.

Electric car maker Coda Automotive has won bankruptcy court approval to sell its assets for $25 million to a group of lenders led by Fortress Investment Group.

Audi says it expects half of future A3 customers will opt for its new sedan variant after the model goes on sale in the third quarter.

BMW’s manufacturing arm was sued by the U.S. government over the allegedly discriminatory use of criminal background checks in hiring at a South Carolina facility.

GM is boosting incentives on the Chevrolet Volt plug-in hybrid to spur sales and lower stockpiles amid price cuts and lease deals on the Nissan Leaf and Fiat 500e electric vehicles.

Magna International plans to relocate about 300 employees into 117,300 square feet of office space at its new United States headquarters by September. The Canadian automotive supplier said it will move from its existing office in Troy, Mich.

Two affiliates of failed California electric-car maker Coda Automotive filed for chapter 11 bankruptcy protection in another sign of the challenges facing the green car industry.

California electric-car manufacturer Miles Electric Vehicles filed for chapter 11 bankruptcy protection today, highlighting the difficulties faced by battery-powered vehicles in gaining wide market acceptance.