General Motors Co., Ford Motor Co., Toyota Motor Corp., Nissan Motor Co. and Chrysler Group LLC topped analysts’ estimates for March car sales as an end to two months of blizzards brought buyers back to showrooms.
Toyota Motor Corp. has reached a $1.2 billion settlement to end a U.S. criminal probe of sudden unintended acceleration that led to the recall of more than 10 million vehicles, two people familiar with the matter said.
The criminal investigation that opened yesterday into General Motors Co.’s handling of an ignition flaw linked to 12 deaths adds to legal challenges that threaten to overshadow the company’s turnaround.
General Motors Co.’s brands all scored average or better for the first time since J.D. Power & Associates started studying the dependability of three-year-old vehicles 25 years ago. Industrywide quality had its first drop since 1998.
When Hyundai Motor Co. last overhauled the Sonata in 2009, motorists embraced the curvier exterior and the South Korean company went on to gain more market share than any major automaker for the next half decade.
Ford Motor Co., struggling with in- car technology flaws, will base the next-generation Sync system on BlackBerry Ltd.’s QNX and no longer use Microsoft Corp.’s Windows, according to people briefed on the matter.