Auto News - In this article, we present the latest auto news and reviews from around the world. Take a moment to read up on the latest auto news and reviews. These are, of course, merely short bits of auto news and review…more information can be found ion the Net.
AUTO INDUSTRY REPORT: Toyota chief says sales, production to expandToyota Motor Corp. President Fujio Cho said the automaker plans to expand production and sales in 2005 to make "steady, overall progress" as the world’s biggest automaker by market value pursues a 15-percent market share in the next decade, up from about 12 percent now.
Goal of new Chinese car importer: Japanese quality for a bargainThe man who brought the Yugo and Subaru to the United States and built a gull-wing sports car bearing his name has a new project -- becoming the first mass importer of low-cost Chinese-made cars to the United States.
VW offers buyers free auto insuranceVolkswagen AG, in its third straight year of declining U.S. sales, will offer free auto insurance in Illinois and Wisconsin to attract buyers, dealers said.
Toyota set to sell 2 million vehicles in United StatesToyota Motor Corp. is poised to become the first non-U.S. automaker to sell more than 2 million cars and trucks in a year in the United States as new models steal buyers from Ford Motor Co. and General Motors Corp.
Ford trucks set recordFord Motor Co. said it set an industry record for full-size pickup sales in 2004, breaking its own mark of three years ago. Ford, the nation’s second-biggest automaker, said it has sold more than 912,000 F-Series pickups this year, eclipsing its own tally of 911,597 in 2001.
AUTO INDUSTRY REPORT: Porsche recalls 911sPorsche AG, the maker of the Boxster and 911 sports cars, is recalling 18,165 convertible 911s to ensure the roofs won’t open during high-speed travel.
Conversion vans stage comebackNo longer decorated with beads and shag carpeting, conversion vans have evolved into sophisticated vehicles for families and groups alike -- and General Motors Corp. and two dozen outfitters are spending a couple of million bucks to spread that message as they try to revive demand for the big, souped-up rides
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