Toyota President Akio Toyoda announced the car firm more than doubled its fourth quarter net profit. Photograph: Reuters

Toyota refuses to be tempted away from its low-risk growth strategy, even as the world’s bestselling carmaker met its mid-term profit goals in(...)

Dancers perform during the Mercedes-Benz news conference at the New York Auto Show. Photo: Reuters

BILL VLASIC With the luxury vehicle market booming, automakers are rushing to fill their showrooms with expensive new models now on displ(...)