
The chairman of Toyota said today that the automaker will stick to its goal of selling a fuel cell electric sedan in 2015 so that investments in hydrogen stations are not wasted.

The chairman of Toyota said today that the automaker will stick to its goal of selling a fuel cell electric sedan in 2015 so that investments in hydrogen stations are not wasted.

Mazda Motor Corp is recalling 161,400 Mazda6 sedans in the United States because loose screws could cause the side doors to come open while the car is being driven.

Toyota chairman Takeshi Uchiyamada challenged automakers Monday to step up sales of hybrids in the United States, calling them “a long bridge” into future vehicles.

Daimler reaches an agreement with a consortium of banks for a 9 billion euro ($12 billion) credit line for the next five years.

Bulgaria is stepping up efforts to win more auto industry investment and build on its success in attracting a new vehicle plant for China’s Great Wall Motors.