Toyota issues U.S. recall of 139,000 Lexus vehicles Toyota Motor Corp said on Tuesday it had received reports more than three years ago of faulty engine valve springs at the center of a U.S. recall of nearly 139,000 luxury Lexus vehicles it announced last week. Read more on Reuters via Yahoo! News [Continue]

ASIA MARKETS: Japanese Auto-maker Shares Track U.S. Sales Data ASIA MARKETS: Japanese Auto-maker Shares Track U.S. Sales Data Read more on FOX Business [Continue]

Auto Sales May Stall as Shaken Buyers Lead `Tortoise-Like’ U.S. Recovery U.S. auto sales this month probably posted the smallest increase since February as consumers concerned about unemployment and the economy avoid large purchases, analysts said. Read more on Bloomberg [Continue]

GM sales in China surge 48.5% in first half, top U.S. sales for first time China, the world’s biggest auto market, is becoming General Motors Co.’s No. 1 market, as well. In the first six months of 2010, GM and its Chinese venture partners sold 1,209,138 vehicles in China, beating GM’s six-month U.S. sales total [Continue]

Audi June 2010 U.S. Sales Increase 14.3%; Brand Sets Half-Year Sales Record HERNDON, Va., July 1, 2010; Audi today reported that strong June 2010 sales propelled it to the best first-half results of any year since it began selling cars in the U.S. market. Read more on The Auto Channel [Continue]