Toyota Lowers Sales Forecast
August 29, 2008 - In response to lowered sales in the United States and Europe, Toyota lowered its long-range sales forecasts through 2009 in a statement issued on Thursday, August 28.

GM Expands Operations in India
August 28, 2008 - General Motors, in agreement with the Indian state of Maharashtra, will open an engine and transmission plant in Talegaon in addition to the two facilities the company already operates in India.

Gas Prices Continue Steady Retreat
August 27, 2008 - In figures released by AAA, the average national per gallon price of gasoline now sits at $3.667, down 44.7 cents but still 33 percent over last year.

BMW Announces Second Price Hike
August 26, 2008 - For the second time in three months, BMW has announced a price increase on its North American models in the face of the high cost of raw materials and the weak American dollar.

Cadillac to Bring Four-Cylinder Sedan to U.S.
August 25, 2008 - Cadillac will bring a small, four-cylinder sedan to the United States in 2011, in time to meet new fuel economy standards and in keeping with growing demand for smaller, more efficient vehicles.

Federal Loans Help US Automakers Retool To Build More Small Cars
August 22, 2008 - With the help of the federal government, US automakers are obtaining low interest loans to help them retool plants formerly making trucks and SUVs to now produce small cars.

Plug-In Hybrids Promise 80 MPG Fuel Efficiency For City Driving
August 21, 2008 - Learn how the development of a plug-in hybrid vehicle will improve fuel efficiency and the challenges the auto industry must overcome to achieve 80 mpg cars.

Small Crossover SUVs Improve In IIHS Crash Tests
August 20, 2008 - In IIHS crash results, the Ford Escape, Mitsubishi Outlander, Nissan Rogue and Volkswagen Tiguan achieved a rating of Top Safety Pick for good scores in front, side, and rear tests.

Gas Prices at $3.73 a Gallon Nationwide
August 19, 2008 - According to figures compiled by AAA, regular gasoline now costs on average $3.730 while drivers in Alaska and Hawaii continue to pay more than $4.

Toyota Keeps Employees at Idled Plants at Considerable Cost
August 18, 2008 - In spite of the considerable expense involved, Toyota is keeping 4,500 employees at two idled facilities at full pay and benefits for a three-month period.

New Fuel Efficient Jeep Coming From Chrysler
August 15, 2008 - Chrysler announces fuel efficient Cherokee, lower priced Ram, and super secret sub-compact.

Ford Begins Production of New Fiesta
August 14, 2008 - Struggling to lower development and manufacturing expenses worldwide, Ford began production today of its new Fiesta, a platform that will ultimately serve as the basis for 1 million vehicles a year.

Honda Plans Hybrid-Only for North America
August 13, 2008 - Honda has announced plans to introduce a five-door hybrid-only model, slightly smaller than the popular Civic, in the North American market in 2009.

Toyota May Export Trucks and SUVs Made in the U.S.
August 12, 2008 - In the face of declining demand for trucks and SUVs in the American market, Toyota is considering exporting Tundras and Sequoias made in the U.S. to foreign markets.

GM to Extend XFE to Trucks, SUVs
August 12, 2008 - For the 2009 model year, General Motors will use the same XFE technology that first appeared in March in the Cobalt to enhance the performance of the Silverado, Tahoe, Sierra, and Yukon trucks and SUVs.

J.D. Power Says Vehicles More Dependable for 2008
August 08, 2008 - In its annual examination of vehicle dependability, J.D. Power and Associates found that across the industry the reliability of the included brands saw a 4.6 percent improvement for 2008.

Toyota Reports First Quarter Losses
August 07, 2008 - Toyota Motor Corp. reported a drop in operating profits for the first quarter of the current fiscal year totaling 38.9 percent with heavy losses in its leasing operations.

Gasoline Prices Continue to Fall
August 06, 2008 - For the 20th day in a row consumers have felt some relief in the high cost of fuel with gasoline now standing at a nationwide average of $3.862 a gallon.

Oil Falls Below $120 with Gas at $3.871
August 05, 2008 - In early trading on Tuesday, August 5 crude oil futures fell below $120 for the first time since May 6 with the average price of gasoline at $3.871.

Chrysler Hard Hit in July
August 04, 2008 - For the second month in a row Chrysler LLC reported the largest decline in sales among major automakers with a dip of 29 percent with its truck and SUV offerings continuing to take the greatest hit.

GM Posts Fifth Quarterly Loss in a Row
August 01, 2008 - For the fifth quarter, General Motors has posted a loss in spite of the company's efforts to restructure in the face of high gasoline prices and changes in consumer preference toward more efficient vehicles.