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Toyota: Runaway Prius accounts ‘inconsistent' with testing

Toyota is challenging the accounts of a motorist whose Prius sped out of control last week in San Diego, calling his reports of the incident “inconsistent” with the initial findings of the company. Toyota released the results after two days of testing on a 2008 Prius hybrid that sped out of control last week in California, and it maintained that the car's brakes and throttle functioned properly. The now-infamous incident occurred on March 8, when a Prius driven by James Sikes was reported in a 911 call to be speeding uncontrollably.

Fiat, Magna emerge as rival bidders for Opel

Fiat S.p.a. and Magna International Inc. are emerging as rival bidders for a significant stake in General Motors' Opel/Vauxhall subsidiary.

Ford sees bump in sales of fuel efficient cars, vehicles with smaller engines

Ford customers are showing continued preference for new fuel-efficient models and powertrains with less muscle. Combined sales in May for the new Fiesta and Focus totaled 29,423--a 32 percent increase from a year ago. Ford sold 7,120 copies of the Fiesta and 22,303 of the Focus.