vehicles

Textron Marine & Land Systems, an operating unit of Textron Systems (NYSE:TXT), announced that the U.S. Army Contracting Command has exercised a contract option, valued at over $49 million, for the company to supply the Army

Toyota's new AA- rating is still higher than its auto industry peers.

The Japanese car-maker is trading down 1.4% at $90.92 per share.

Standard & Poor's cut its rating of Toyota Motor Corp (NYSE:TM) from AA to AA- Friday, "Because the company's profitability is still weak, its pace of recovery is slower than those of Japanese peers, and its profitability migh

AutoNation (NYSE:AN) reported February sales of new vehicles were up 29% year-over-year to about 17,000. Those numbers include a 40% increase in the sale of domestic vehicles, a 35% increase in imported vehicles, and a 1% decline

Ford (F) is recalling 363,000 F-150 pickup trucks, reports Reuters. According to the National Highway Traffic Safety Administration, the recall in North America is due to a potential problem with the trucks' door handles. The F-15

Ford (F) will give its salaried workers bonuses this year, but they will not get raises, the Detroit News reports. Mark Fields, Ford President of the Americas, says the bonuses reflect the carmaker's strong 2010 performance, but w

General Motors (GM) plans to boost production of the Volt to 25,000 from 10,000 this year, reports Detroit News. Speaking at the Automotive News World Congress, company CEO Daniel Akerson also said he expects to expand the technol

In the next two years, General Motors (GM) is planning to offer a fully electric car in China, of either subcompact size or smaller, the Detroit News reports. The electric car will help meet demand spurred by the Chinese governmen