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Lexus ES sedan production coming to Kentucky

Toyota Motor Corp. plans to invest $360 million to bring production of the Lexus ES sedan to Kentucky, making it the first model from Toyota's premium brand to be built in the United States as the carmaker pushes to localize more manufacturing. Under the plan announced Friday in New York by CEO Akio Toyoda, Toyota will boost annual capacity at its Georgetown, Ky., plant by 50,000 vehicles to accommodate ES output.

2015 Ford F-series Super Duty gets updated Power Stroke diesel

Ford spotlighted an improved 6.7-liter Power Stroke V-8 turbodiesel as it introduced its 2015 F-Series Super Duty lineup at the Texas State Fair in Dallas. Among the vehicles Ford showed: -- An updated version of the Super Duty King Ranch edition with a Texas theme. -- A freshened version of the F-450 Super Duty with a beefed up frame, suspension and commercial-grade 19.5-inch wheels and tires.

Cash for clunkers: Is it ready for prime time in America?

One proposed solution to prop up new-car sales in the United States involves paying bonuses to owners of older vehicles who send their cars to the scrapyard and buy new ones. Proponents say that not only does the auto industry benefit, but so does the environment, as emissions decrease and fuel economy typically improves in newer models. Critics, however, say that scrapping older vehicles hurts collectors by reducing the number of older models available and also hurts those least able to afford to buy newer vehicles by driving up the price of used cars.