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Mercedes, BMW vie for US luxury car crown

In a first, two German manufacturers — Mercedes-Benz and BMW — are dueling for the honor of being the top luxury brand sold in the United States. With the champion of the past 11 years, Toyota’s Lexus, hobbled by the fallout from Japan’s March 11 earthquake-tsunami-nuclear meltdown disaster, the two…

Toyota to recall 1.7 million vehicles worldwide

Toyota Motor said Wednesday it will recall 1.7 million vehicles worldwide over concerns about possible fuel leakages, in the latest setback for the troubled Japanese auto giant. The move will see the world’s largest automaker pull 1.28 million vehicles in Japan and 421,000 overseas, Toyota and the Japanese transport ministry…