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Toyota to build Corollas at revived Mississippi plant starting in late 2011

Toyota will resume construction on its mothballed plant in Mississippi and begin producing the Corolla there late next year. “We first needed to fully utilize our existing facilities as the economy slowed,” Yoshimi Inaba, president of Toyota Motor North America, said in a statement Thursday. “Now it's time to fulfill Toyota's promise in Mississippi.” The automaker said it will hire 2,000 workers “soon.” Corolla output would mark another shift for the project.

Malaysian Grand Prix: Hamilton quickest in Friday practice as McLaren & Mercedes dominate

McLaren quickest in practice for 2012 Malaysian Grand Prix Lewis Hamilton put the disappointment of Australia behind him to dominate Friday practice for the Malaysian Grand Prix. The opening F1 Grand Prix of the year in Australia last week saw McLaren take an impressive first and third with Jenson Button doing his best Alain Prost imitation to dominate proceedings, with team-mate Hamilton managing third after a poor start. But Hamilton’s grumpy face on the podium in Melbourne said it all – not a start to the new season McLaren’s ‘senior’ driver wanted.

Chrysler, Nissan postpone plans to share two vehicles

Chrysler LLC and Nissan Motor Co. have postponed plans to share a North American-built small car and a full-sized pickup until they can reduce costs. A third vehicle-sharing project, in which Chrysler will sell a version of Nissan's compact Versa sedan, will continue on schedule, the companies said late Thursday.