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Toyota (NYSE:TM) Announces Second Global Recall For Prius Hybrid – TM, GM, F, TSLA, HMC

Toyota Motor Corporation (NYSE:TM) declared on Friday another international recall of 2.77M vehicles following its major recall of 7.43M vehicles previous month. The newest recall engages 14 models including the Prius hybrid and 2000–2006 Corolla compact sedans to facilitate are subject to inspection and fix due to a problem with their steering and water-pump systems. […]

European Unit; CEO of GM (NYSE:GM) Reassures Workers for Work – GM, HMC, F, TM, SORL

Chief executive of General Motors Company (NYSE:GM) has told to employees at the under stress Opel unit that there are signs the firm’s effort to turn about its European operation is starting to work. GM is annoying to make its European business profitable following years of losses. Opel reported on Thursday GM Chairman and CEO […]

General Motors (NYSE:GM) Will Depart One Of Its Venture Capital Unit – GM, F, KNDI, SORL, TM

The U.S. automaker’s chief technology officer declared on Thursday that General Motors Company (NYSE:GM)  will soon way out one of its venture capital unit’s investments, moreover through an IPO or the purchase of that firm by another. GM kicked off its venture capital unit over two years before with a $200M budget to invest in […]