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General Motors reportedly close to selling Hummer for $150 million

General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.

Toyota to recall 3.8 million autos as floor mats snag gas pedals

Toyota plans to recall as early as next week 3.8 million U.S. Toyota and Lexus models--its largest ever--to fix floor mats that may snag gas pedals and cause vehicles to accelerate at high speeds. In the meantime, U.S.

2010 Lexus GX 460 SUV beefed up with more power, features

Twenty teams of Lexus specialists will hit the road on Jan. 13--the start of a month-long process to prep dealership personnel on how to create buzz for the redesigned 2010 GX 460 mid-sized SUV. Though the GX has been on the market since September 2002, managers at Toyota Motor Corp.'s luxury division still believe retailers do not understand all of the vehicle's attributes.