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  • Newswire

    Takata Links $440 Million Special Loss to Airbag Recalls  

    The Japanese manufacturer, which took a ¥30.4 billion charge in the year to 2013 following several global recalls of cars equipped with its airbags, still projects a net profit of ¥16 billion for the year ending in March 2015....More
  • Newswire

    LG Chem Eyes Batteries for 200-Mile EVs in 2016  

    The Korean manufacturer's chief financial officer does not say which automakers it will supply, but current customers include General Motors and Renault....More
  • Jul 17, 2014
    blog

    Fiat-Chrysler Could Be Good Fit With VW

    VW Chairman Ferdinand Piech long has had his eye on the Alfa Romeo brand, but would the rest of Fiat-Chrysler fit? Maybe not as badly as you would think at first blush....More
  • Newswire

    Jeep Repair Deadline Can Be Moved Up, Chrysler Says  

    Chrysler tells NHTSA it can fit trailer hitches onto 1.56 million older Jeep SUVs by March, after the regulator approved the automaker's plan to protect rear fuel tanks by installing the hitches....More
  • Newswire

    Top GM Lawyer, Delphi CEO to Face U.S. Senate on Ignition Defect  

    GM general counsel Michael Milliken likely will be asked about his department's handling of private lawsuits filed over crashes involving the defective switches, while Delphi CEO Rodney O'Neal is to testify about his company's production of the parts....More
  • Newswire

    Car Sales Up 10th Straight Month in Europe  

    Association of European Carmakers data shows new-car sales rose 4.3% last month and the first-half total was 6.2% better than like-2013....More
  • Newswire

    Nissan's Ghosn Cites Concerns Over Google's Autonomous Car  

    The head of Nissan and Renault says automakers can benefit from Google's development of self-driving cars, but notes some car companies are concerned about the effects of shared technology on brand identities....More
  • Newswire

    UPDATE 4-BMW to recall 1.6 mln cars on concerns over Takata air bags  

    (Adds NHTSA comment) By Ben Klayman DETROIT, July 16 (Reuters) - German automaker BMW said on Wednesday it is recalling about 1.6 million cars worldwide to replace passenger-side front air bags made by Takata Corp because the inflators could break apart during deployment and injure passengers. The recall affects 3 Series vehicles produced between May 1999 and August 2006....More
  • Newswire

    Study Shows SUVs, CUVs Outselling Sedans in U.S.  

    The IHS Automotive study shows SUVs and CUVs accounted for 36.5% of new light-vehicle registrations, surpassing sedans' 35.4%....More
  • Newswire

    BMW to Raise Annual China Capacity to 400,000 Units  

    The German luxury automaker says the one-third increase in capacity at its two Chinese plants is designed to raise its profile in the world's largest auto market and offset slow sales in Europe....More
  • Newswire

    UPDATE 1-VW plans 5 bln euros in cutbacks to boost brand margins  

    * VW may cease models, cut procurement costs * VW brand trails 6 pct profit margin goal * VW drawing up new mid-term group efficiency program (Adds CEO quote, detail and background) HAMBURG/BERLIN, Germany, July 15 (Reuters) - Volkswagen plans to cut costs at its core passenger-car brand by about 5 billion euros ($6.8 billion) per year from 2017, according to documents obtained by Reuters on Tuesday....More

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