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Shortages of Japan-built cars open the door for U.S. automakers

U.S. carmakers sense that they have a chance to win back customers this summer with the launch of several redesigned models, while their Japanese competitors struggle with supply shortages. About 197,000 car buyers who typically would favor a Japanese brand are in play this summer, according to market research firm A.T.

Lexus GS

Lexus has unveiled the all-new GS sedan at this year's Pebble Beach Concours d'Elegance. It is the fourth generation of the company's mid-size offering - the first generation was initially designed by Giugiaro in 1990. Lexus says the new car brings ‘a more engaging driving experience, bolder design and a more spacious, contemporary interior'.

Chrysler, Nissan and GM lead industry to 8 percent gain

UPDATED--Chrysler Group, Nissan North America and General Motors led the industry to an 8 percent U.S. sales gain in August. The seasonally adjusted sales rate slipped to 12.13 million from July's 12.24 million as a stagnant economy, last week's U.S.