WASHINGTON (AP) — South Korean automakers Hyundai and Kia and German car maker Volkswagen lead the insurance industry's annual list of the safest new vehicles, used by safety-minded consumers looking to buy a new car.Read More
TOKYO (AP) — Toyota Motor Corp. has agreed to pay the U.S. government a record $32.4 million in additional fines to settle an investigation into its handling of two recalls at the heart of its safety crisis.Read More
WASHINGTON (AP) -- Toyota officials claimed they saved the company $100 million by successfully negotiating with the government on a limited recall of floor mats in some Toyota and Lexus vehicles, according to new documents shared with congressional inves...Read More
WASHINGTON (AP) — The popular Cash for Clunkers program generated nearly 700,000 new car sales during the past month, giving the U.S. auto industry a badly needed jolt of activity during the deepest decline in auto sales in two decades. The governm...Read More
WASHINGTON (AP) — The Senate has cleared the way for a vote extending the "cash-for-clunkers" program, which offers car buyers rebates of up to $4,500 for trading in their gas-guzzlers for new, higher-mileage models, setting aside Republic...Read More
WASHINGTON (AP) — Car shoppers could take advantage of government incentives worth up to $4,500 this summer to send their old gas guzzler to the scrap heap in favor of a more fuel-efficient new vehicle.President Barack Obama is expected to sign into...Read More