Today, Toyota announced they are going to temporarily shut down all of their manufacturing plants in Japan. The plan to close 12 factories for 11 days through February and March is to combat a rising supply of unsold new cars. As far as we know, 4 of them produce Toyota vehicles while the other ones [...]

According to Bill Vlasic, the american giant General Motors originally had talks with Ford about a possible merger before approaching the Pentastar people. This story comes after the GM/Chrysler pseudo-bombshell from Friday night.

The New York Times also wrote an article about the merger discussions, reporting that GM approached Ford with the proposal but the FoMoCo [...]