In an email, General Motors Corp.’s Chairman and CEO, Rick Wagoner, told senior executives that the company has not given up the fight despite being outpaced by the Toyota Motor Corp. in global sales during the first quarter of this year. “We still have the majority of the year in front of us, and we […]

The 2007 GMC Canyon 4×4 Crew Cab SLE resembles like the newly designed full-size GMC Sierra. At a glance, a car enthusiast might be mistaken of the truck’s physical appearance as that of the full-size MC Sierra. But GMC officials say the vehicle has different truck accessories as compared to the mistaken vehicle.
The Canyon’s […]

As an advocate of clean exhaust emissions, Toyota is already producing the brand-new ZR engine at the second plant of Tianjin FAW Toyota Engine Co., Ltd., as announced recently by the Tianjin Economic- Technological Development Area (TEDA).
This engine meets the tail gas emissions set-out by the Euro III standard. According to Toyota, it also […]

After the Pittsburgh Auto Show was postponed earlier this year, auto enthusiasts have been waiting for the event to finally take place. And at last, after an extended waiting period for the motor show, it opened its doors just last April 26 and will run through the 30th of the month.
Naturally, the mentioned motor […]

Posco, the fourth largest steelmaker around the globe, and the Hyundai Heavy Industries Co., the biggest shipyard, will buy stakes in each other to boost cooperation and strengthen defenses against hostile bids, Posco said yesterday.
The Pohang-based steelmaker is expected to spend 346.6 billion won which is equivalent to US$373 million so as to acquire […]

The Nissan Motor Co., Ltd. announced their financial results for the fiscal year 2006, ending March 31, 2007. The Japanese automaker’s announcement is made to increase transparency and consistency.
The third largest Japanese automaker has filed the results with the Tokyo Stock Exchange. According to the report, the automaker has net revenues of 10.4686 trillion yen […]