General Motors on Monday recalled 3.4 million cars in North America to fix an ignition problem that could cause the car to lose power that is linked to injuries.
Ferrari chairman Luca di Montezemolo may pull his team out of Formula One because it "isn't working" and the Italian firm may switch to sports-car competition, he told Friday's Wall Street Journal.
General Motors chief executive Mary Barra said Thursday that the company has fired 15 mostly senior executives over the deadly ignition scandal that has placed the automaker under federal investigation.
US automaker Ford Motor issued safety recalls Thursday for nearly 1.4 million cars in North America, mostly in the US, to fix potential steering and other problems.
The WTO on Friday rejected Chinese tariffs on US-made luxury cars, handing Washington a victory on one of the growing number of disputes between the world's two largest economies.
Toyota on Friday said it is recalling about 520,000 vehicles, mostly in North America, over several issues including cable corrosion that could see unused spare tyres fall off.
The US auto safety regulator Friday imposed a record $35 million fine on General Motors for its failure to promptly recall cars with ignition faults linked to at least 13 deaths.
Formula One faces a serious cash crisis if it does not introduce serious cost-cutting measures, Williams' deputy team-principal Claire Williams warned.
US automakers Ford and Chrysler recalled on Friday hundreds of thousands of vehicles, most of them in North America, to fix faulty software and mechanical problems.
From Steve McQueen to "The Fast and the Furious", the Mustang has long cruised through American pop culture, but Ford is hoping its snarling sports car will find a new generation of fans as it turns 50: in China.
Leading automakers gathered in Beijing Sunday for China's biggest car show, expressing confidence in the world's largest car market even though lacklustre economic growth and environmental restrictions have generated uncertainty.
South Korea's largest carmaker Hyundai Motor said Wednesday it will sign a preliminary agreement to build a fourth plant in China, as it looks to expand in the world's biggest car market.
Employees at Toyota's auto assembly plants in southern India failed to return to work Monday at the end of a week-long lockout after refusing to sign codes of conduct, their union said.