Grandson Akio Toyoda takes the wheel at Toyota

Kiichiro Toyoda founded the Toyota Motor Corporation (TYO: 7203, NYSE: TM) in the year 1937. Seventy-two years down the line, his 53-year-old grandson, Akio Toyoda, has been named the president by the company’s board.

La. to urge automakers to meet with dealers

Congress hammers White House, automakers over dealership closings

Are dealers a cost for automakers?

Criticism grows against Obama auto rescue plan

U.S. auto sales seen down 35 percent in May: JD Power

US automakers close down dealerships

The largest US automakers have decided to abandon close to 1,000 dealerships across the country. General Motors and Chrysler have decided not to renew franchises, which will affect nearly one quarter of all Chrysler and GM dealerships across the United States. Industry experts warn the cuts will translate into bigger price tags for car buyers.

GM exports would be step up for China automakers

Economists: Automakers need quick revival

Walker: Tough challenges facing automakers

Thursday and Friday were a like a death watch in the newsroom as we waited to hear which Chrysler and GM dealers would go under and which would live to fight another day.

Acura Announces April Sales Results

Automaker Chrysler ditches local dealers

U.S. car prices decrease

Toyota leads auto shares lower

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GM, Chrysler dealers unwilling to hit the road

China Carmakers May Lead Mainland-Taiwan Ties on Global Goals

Chinese automakers have bought assets from the U.K. to Australia as they seek to challenge General Motors Corp. and Toyota Motor Corp. in the global market. Their next stop may be closer to home. Taiwan’s biggest partsmaker, Tong Yang Industry Co., and TYC Brother Industrial Co., ranked second, both said this week they’re open to deals that may help boost sales in China, Asia’s biggest auto market. China’s push to develop more-advanced cars and warming cross-strait ties may make that possible.

China car sales at record, but automaker profits weak

Toyota Loses More than GM in First Quarter

Obama Appointee: Optimum Number Of U.S. Automakers Is One