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Hafei Auto on fast track

Hafei put out and sold 245,000 cars in 2009, 30 percent more than the previous year. Among the cars produced, 22,000 are mini cars. Up to now, some 150,000 cars produced by Hafei have been exported to more than 40 countries and regions.

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US customer suing Toyota Motor Sales

A Californian woman is suing Toyota Motor Sales for its negligence and breach of warranty over a 2010 Prius she bought last August, court papers showed on Monday.

For whom Toyota alarm tolls

As one of world's largest carmakers, Toyota is now facing a seemingly biggest crisis in its 70-year history. Its uncontrollable acceleration has eventually led to a halt in its advance.

Repeated recalls denting automaker's image

Toyota recalls deepened as design problems with the braking system of some of its highly-popular hybrid gasoline-electric hybrid Prius models were confirmed Thursday by the automaker.

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Volvo posts heavy loss in 2009

Volvo posts heavy loss in 2009

Swedish truck maker Volvo said it posted a net loss of 14.7 billion kronor ($1.98 billion) last year, compared with a net profit of 10 billion kronor ($1.3 billion) for 2008.