Cars, Automaker | featured news

Honda is recalling 2.5 million cars and SUVs worldwide  to repair the software that controls the automatic transmission, the automaker said.

General Motors Co. is recalling more than 47,000 Cadillac SRX crossover vehicles in the U.S. because of a problem with the passenger side air bags.

Toyota recalled 106,000 first-generation Prius hybrid cars globally on Wednesday for faulty steering caused by a nut that may come loose.

Jaguar plans to build a £700,000 petrol-electric hybrid supercar in the UK, in partnership with Formula 1 team Williams F1... The C-X75's ultra-light chassis and two electric motors will help it accelerate from nought to 60mph in three seconds.

Honda Motor Co. is expanding a recall so it can check the driver's air bags on another 833,000 vehicles for a possible defect.

Chrysler Group LLC reported its first quarterly net profit since emerging from bankruptcy nearly two years ago, helped by a revamped lineup of cars and trucks as well as higher vehicle prices.

The US is fast being replaced by China in high end spending. China is likely to pass the US and become the No. 1 market for Lamborghini later this year, company CEO Stephan Winkelmann told Reuters this week.

Toyota has agreed to pay more than $32 million in penalties after two federal investigations that faulted the Japanese automaker for its handling of recent auto recalls, the U.S. Transportation Department announced Monday night.

The car manufacturer is rewarding those who purchase a new Toyota by January 3 with a $500 debit card for tweeting about it.

The month of October is just about a wrap, and it’s shaping up to be a good one for the auto industry.