Russian shares climbed the most in more than three weeks and Asian stocks advanced after talks in Geneva produced an accord aimed at easing the conflict in Ukraine. Rubber slid to the lowest since 2009.
Fuji Heavy Industries Ltd.’s Subaru, which added more U.S. market share than any international carmaker last year, is pushing ahead with U.S. expansion plans as it awaits a Toyota Motor Corp. decision on whether to keep using its Indiana plant to build Camrys.
While Toyota Motor Corp.’s Lexus lost its title as the top U.S. luxury line in 2011, there’s a silver lining: U.S. growth and a favorable exchange rate are taking Lexus back to its mid-2000s profit peak, the brand’s U.S. chief said.
Toyota Motor Corp.’s Scion line, a U.S. experiment intended to win over young buyers with idiosyncratic designs and low prices, will overhaul its lineup amid fading sales as the brand reaches adolescence.
Toyota Motor Corp. showed off a reworked Camry that sports deeper-stamped body panels and a modified cabin as the world’s largest automaker works to keep its benchmark sedan the U.S. market’s best-selling car.
General Motors Co., the biggest U.S. automaker, said global vehicle sales rose 2.3 percent to 2.42 million during the first quarter. Increasing deliveries in China helped make up for declines in the U.S and Brazil.
Ford Motor Co. is bringing its premium Lincoln cars to China, decades behind Volkswagen AG’s Audi and BMW, testing whether the second-biggest U.S. automaker can emulate the recent turnaround of its namesake brand.
European car sales advanced a seventh consecutive month as new models to replace aging vehicles and an economic rebound in the U.K. boosted demand at Renault SA, Ford Motor Co. and PSA Peugeot Citroen.
A former Bridgestone Corp. executive agreed to plead guilty to conspiring to fix prices for auto parts, a day after a grand jury indicted another executive and two former workers at the Japanese tire maker.