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Wednesday, April 7, 2010 as of 11:14 AM ET

Detroit Auto Show

The North American International Auto Show (NAIAS) is an annual auto show held in Detroit, Michigan at Cobo Center, usually in January.

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Toyota Comes Up With New Development Strategy

Toyota Motor Corp unveiled on Monday a new framework for vehicle development aimed at making its cars more appealing, while cutting costs by at least 30 percent through the use of more shared parts.

Since taking the helm three years ago, Chief Executive Akio Toyoda has sought to steer Toyota's focus back to making better products, blaming unchecked sales growth in the run-up to the financial crisis for its penchant for building popular but unexciting cars."The feeling at the time was, 'If we build it, they will come,'" Toyoda told reporters at the automaker's headquarters in central Japan. "Instead of developing what customers would want next, we were making cars that would rake in sales."Under the new framework, dubbed Toyota New Global Architecture, or TNGA, Toyota will develop multiple models simultaneously to boost the number of common parts. That would help lower costs and free up resources that could be shifted to pursuing varying regional needs, Toyota said.The company will also ...

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  1. Dodge Dart Makes a Comeback

    Dodge CEO Reid Bigland weighs in on the Dodge Dart.

  2. Convention Centers a Big Waste of Taxpayer Money?

    Manhattan Institute Senior Fellow Steve Malanga on cities spending money to build massive convention centers.

  3. Ford CEO on Succession, Fusion

    Ford CEO Alan Mulally discusses his succession plans and the new Fusion lineup.

  4. GM Exec: Volt Investigation Likely to End Soon

    General Motors Co (NYSE:GM) expects to have U.S. federal safety officials resolve their investigation of delayed fires in the Chevrolet Volt electric car sooner rath...

  5. Nissan CEO Sells Stuart a Leaf

    Nissan CEO Carlos Ghosn on the company’s zero-emission vehicles.

  6. GM Unveils Cadillac ATS

    General Motors North America President Mark Reuss on the latest luxury auto from the American auto manufacturer.

  7. Merkel and Sarkozy Moving European Markets

    FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.

  8. Luxury Boom: BMW Aims for Top Spot as Rolls-Royce Sales Soar

    BMW posted record car sales for 2011 and forecast that a boom in luxury cars would keep it ahead of rivals this year as the world's biggest maker of premium cars enj...

  9. North American International Auto Show Kicks Off

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  10. Honda Sees 2012 U.S. Sales Jumping 23%

    Honda Motor Co expects U.S. sales to jump by 23 percent in 2012 as dealer inventories return to normal levels and the Japanese automaker makes up for lost ground aga...

  11. Ford's Fields: CEO Search Rumors are False

    Ford President of the America's Mark Fields on the new Ford F-150 and whether he'd be in line for CEO.

  12. GM to Build Volt-Based Luxury Cadillac EV

    General Motors Co will build a Cadillac luxury electric car based on the technology used in its Chevrolet Volt plug-in hybrid, people familiar with the plans said on...

  1. GM, Fiat Flirted With an Alliance

    General Motors and Italian automaker Fiat SpA earlier this year discussed combining their European operations, according to people familiar with the matter, an indic...

  2. Auto Industry Victim of Its Own Success

    FNC’s Gary Gastelu on recent data showing Americans are keeping their cars longer.

  3. Autos Go High-Tech

    Dieter Zetsche, Mercedes-Benz head, on the changes the company is making to make its automobiles even more technologically advanced.

  4. OnStar Integrating 4G Into the Car

    OnStar President Linda Marshall weighs in on the company's new services in cars.

  5. NASCAR's Carl Edwards on 2012 Season

    NASCAR Racer Carl Edwards on what's next for NASCAR.

  6. Ford CFO Reportedly Looking to Step Down

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  7. Chrysler CEO: 'Dart' is Best Compact in US

    FBN's Jeff Flock with Sergio Marchionne, Chrysler CEO, and Secretary of Transportation Ray Lahood on what the automaker will generate in the next year, plus what they think of the Dodge Dart.

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