Nissan Motor Co. led February U.S. sales gains for Asia-based carmakers, with its Altima passing Toyota Motor Corp.’s Camry so far this year amid severe winter weather that again was blamed for chilling demand.
Elon Musk’s Tesla Motors Inc. has earned the ardor of investors and the highest U.S. safety ratings. It can also add the honor of having the best-reviewed car of the year by automobile testers at Consumer Reports.
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.
Toyota Motor Corp.’s Akio Toyoda, beset by recalls since taking over as president in 2009, is now finding more flaws in one of his most high-profile models and adding to a growing fleet of cars that need fixing.
InfoGroup Inc. agreed to pay $13 million to resolve investors’ claims that directors sold the database-marketing company on the cheap to bail out founder Vinod Gupta, a former financial backer of Bill Clinton.
Toyota Motor Corp. President Akio Toyoda has put the company his grandfather founded on the road to record earnings after years of battling one crisis after another. The shares gained the most in almost eight months.
Toyota Motor Corp. and Honda Motor Co. reported lower U.S. sales than analysts estimated as the coldest January in 20 years contributed to a drop in deliveries for most Asia-based automakers and the industry.