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Toyota recalls 550,000 vehicles for steering issue

Toyota has recalled 550,000 vehicles around the globe for a potential defect that could impact steering capabilities. The fix involves a replacement for the crankshaft pulley on V6 engines. Toyota said if the problem isn’t corrected, the belt for the power steering could become detached from the pulley, making it tough to steer.

New Vivaro van secures 1,200 UK jobs

MOTOR giant Vauxhall has launched a new van, securing 1,200 jobs over the next decade, with the prospect of more workers being recruited. The Vivaro will be built at the firm's plant in Luton, which is the UK's only factory making vans, in a £185 million investment. Up to 70,000 vans will be built a year, with around half being exported.

GM to invest $2 billion in 17 plants

General Motors said Tuesday that it will invest about $2 billion in 17 plants across eight states in the United States. "We are doing this because we are confident about demand for our vehicles and the economy," GM CEO Dan Akerson said in a statement. Akerson made the announcement at GM's transmission plant in Toledo, along with Ohio Gov.