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Toyota to halt North America vehicle output for 5 days this month

Toyota Motor Corp. will suspend production at its North American assembly plants for five days this month due to earthquake-related parts shortages. All but one of Toyota's assembly plants are scheduled to be idled on April 15, 18, 21, 22 and 25, the automaker said in a statement Friday.

Mercedes S500 Plug-in Hybrid revealed – gets official 94.2mpg

The Mercedes S500 Plug-in Hybrid (pictured) has been revealed There will come a point when legislators wake up and realise that car makers are getting too clever at gaming their CO2 based taxation and change the goal posts. But until then, cars like the new Mercedes S500 Plug in Hybrid – revealed today – are the perfect company buy. That’s because the clever use of a plug-in electric motor coupled with a relatively frugal ICE engine – in the case of the S500 Plug-in a 329bhp 3.0 litre V6 and 80kW electric motor – produce official economy and emissions figures that are really only valid under test conditions but save a big chunk of tax for buyers.

Automakers rack up solid gains to finish 2010

Fueled by holiday and year-end discounts, as well as the introduction of new models, automakers finished 2010 on a high note by posting the year's best monthly sales in December. U.S. light vehicle demand climbed 11 percent last month to 1.1 million units--the best month of the year on a unit basis.