
Toyota is expanding its recall of vehicles to fix a problem with floor mats that could lead to the accelerator pedal being entrapped.
BMW and Toyota agreed to widen their cooperation to include lightweight vehicle parts, automotive fuel cells and electric drivetrains.
Ford warned it expects to lose roughly $570 million in its overseas operations in the second quarter, largely as a result of the slumping economy in Europe.
Nissan Motor will add 1,000 jobs at a Canton, Miss., plant to make a compact car while Chrysler said it is considering a similar move in Michigan to expand pickup truck production.
Peugeot Citroën told labor unions that additional cost-cutting measures will be needed as the French auto maker battles to stop losses and adapt to a shrinking European car market.
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