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  • Newswire

    Ford Tells Owners to Park '14 F-150 Trucks With Suspect Power Steering  

    The automaker says it has delivered to customers about 260 of the 5,675 pickups with potentially faulty electric-power-steering systems, and has ordered dealers not to sell the remainder until they are repaired....More
  • Newswire

    Second Defective Ignition Switch Made in China, GM Says  

    The automaker says the latest switch problem is similar to the defective part linked to at least 13 deaths and the recall of nearly 3.4 million cars....More
  • Newswire

    UPDATE 3-U.S. ignition-switch investigation extended to Chrysler  

    (Adds comments by safety experts, adds consumer complaints on Jeeps) By Bernie Woodall and Marilyn W. Thompson DETROIT/WASHINGTON, June 18 (Reuters) - U.S. safety regulators are investigating about 1.2 million Chrysler vehicles for potential ignition-switch problems, expanding a probe beyond General Motors Co to another Detroit automaker....More
  • Newswire

    Tesla Eyeing Third Li-ion Battery Factory in U.S.  

    CEO Elon Musk says the leading electric-vehicle maker in the U.S. likely will add a third battery plant to supply its $35,000 third-generation car due on the market in late 2016....More
  • Newswire

    UPDATE 2-Ford recalls nearly 1.4 million vehicles in N. America  

    (Adds Ford U.S. recall figure from 2013, fires in corrosion issue, analyst comment) By Bernie Woodall DETROIT, May 29 (Reuters) - Ford Motor Co said on Thursday it is recalling 1.39 million SUVs and sedans in North America, most for the possible loss of power steering. About 1.186 million of the vehicles Ford said it is recalling are in the United States. That figure is only 2,200 shy of the total number of vehicles that Ford recalled in the United States during all of last year....More
  • Newswire

    GM Engineer Says He Forgot Ordering Flawed Ignition Switch Changed  

    The New York Times reports suspended GM engineer Ray DeGiorgio said in a deposition last year that he had forgotten ordering a change to the ignition switch involved in at least 13 fatal crashes....More
  • Newswire

    Visteon Selling Most of Auto-Interiors Segment to Cerberus  

    The automotive-interiors unit, which manufactures components such as instrument and door panels on three continents, contributed about $1 billion to the supplier's 2013 sales of $7.4 billion....More
  • Newswire

    Auto-Parts Sales Push JCI Profit Above Estimates  

    Although the company has been scaling back its reliance on automotive business, higher vehicle production in key markets led to an 11% quarterly increase in sales by its auto unit....More
  • Newswire

    UPDATE 3-GM seeks U.S. court protection against ignition lawsuits  

    (Adds judge's order of conference date) April 22 (Reuters) - General Motors Co filed a motion in a U.S. court to enforce a bar on lawsuits stemming from ignition defects in cars sold before its 2009 bankruptcy as it fights proposed class action litigation that seeks to set aside the restriction. Plaintiffs suing the company also filed a proposed class action lawsuit in Manhattan bankruptcy court on Monday, seeking an order declaring that GM cannot use the bankruptcy protection to absolve itself from liabilities....More
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