It is not unusual for Toyota to rotate executives through various departments, but for Bill Fay it meant taking over as group vice president of marketing in May -- just as the brand was under assault after driver reports of unintended acceleration.
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Despite last year's disastrous economy, CEOs of publicly traded automotive companies got big pay raises in 2009. Most industry CEOs took the painful cuts in 2008 and were on the mend in 2009.
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Hyundai's hulking Equus sedan, which thrusts the brand into $60,000 prestige-class territory this fall, is being measured against two previous leaps of faith in the luxury-car wars -- one a big winner and the other a loser.
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The new-car sales collapse had a domino effect and the hangover is being felt acutely now by car dealers. In a dozen ways, aftershocks from the new-car sales debacle are reshaping the used-car business.
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HIROSHIMA, Japan--Mazda Motor Corporation will hold the global unveiling of the all-new Mazda BT-50 compact pickup truck at the 2010 Australian International Motor Show during a press conference on Friday, October 15, 2010. The show will be opened to the public from 5 p.m. on Friday, October 15, and the all-new BT-50 will hold pride of place on the Mazda stand until the show closes on Sunday, October 24.
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Anthony Davidson and Nicolas Minassian took win in the Silverstone 1000 km aboard their Peugeot 908 HDi, while Kristensen-McNish's Audi R15 was forced to retire with technical issues.
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Esteban Gutierrez became the first champion in the short history of the GP3 series this past weekend in Monza. Canadian driver Robert Wickens took victory in race 2, as well as second place in the championship.
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Venezuelan GP2 series' driver Pastor Maldonado had one hand on the champion's trophy when he was involved in an accident during the first race of the Monza meeting.
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Aston Martin will return to the legendary Le Mans 24 Hour race in 2011 with a new LMP1 race car designed to compete for top honours.
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Luca di Montezemolo has refused to speak against plans for a formula one race in the Italian capital in 2012 or 2013.
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Mercedes has denied it is building a car especially tailored to Michael Schumacher's driving style for the 2011 season.
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Pastor Maldonado secured 2010 GP2 title after both rounds presented in Monza. Sam Bird and Christian Vietoris took victory.
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Sunday at Monza was Pedro de la Rosa's last grand prix with the Sauber team in 2010, according to a Swiss report.
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The 100 percent Quebec originate duo of Antoine L'Estage and Nathalie Richard cumulated record after record this week-end in Ste-Agathe, Quebec, by winning the fourth of six Canadian Rally Championship events this year.
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Lotus will not be powered by Cosworth in 2011, the British independent engine maker has announced.
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BMW Canada's president, Franz Jung, invited a padre of journalists to its spanking new headquarters this week, for a briefing on the automaker's sales performance so far this year, and for lunch.
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The MKX has been fairly popular since it was first introduced in 2006 as a 2007 model. In fact, Lincoln says that 50% of new customers to their brand have come in to buy because of the MKX. So Lincoln has decided to take a good thing and see if they can make it better. Lincoln is expanding their line up with seven new, or completely refreshed vehicles being introduced into the market over the next four years. And the first vehicle to get a make-over is this gorgeous looking crossover.
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Production version of hybrid hatchback delivers 96g/km and 68.9mpg.

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Volkswagen has picked former General Motors and Ford manager Jonathan Browning to head its U.S. operations, reports said Sunday.
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Volkswagen AG plans to announce Monday that Jonathan Browning will become CEO of its U.S. unit, putting an end to a 2 1/2 month leadership vacuum at the division.
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