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  • Newswire

    UPDATE 2-Volvo's China export plans mark new phase in Geely strategy  

    * Exports from China to U.S., Russia could start next year - executive * Foreign exchange risks key to China export plans - executive * Volvo aims to beat China sales target for 2014 - executive (Recasts, adds analyst quotes, background) By Norihiko Shirouzu...More
  • Jun 16, 2014
    blog

    Reliance on New Market Economies a Cautionary Tale

    It’s no longer enough for a global village to build a car industry. What’s needed are responsible governments that value and support their domestic automakers....More
  • Newswire

    REFILE-GM recalls 511,528 Chevy Camaros because key bump can cause power loss  

    (Refiles to add dropped letter in "Camaros" in headline) June 13 (Reuters) - General Motors Co said on Friday it will recall 511,528 Chevrolet Camaro cars, mainly in North America, because a driver's knee can bump the key fob and turn it out of the "run" position, causing a loss of power. GM said it is aware of three crashes causing four "minor" injuries believed related to this issue....More
  • Newswire

    CORRECTED (OFFICIAL)-Mitsubishi Motors recalls 920,000 vehicles over light switch glitch  

    (In third paragraph, Mitsubishi Motors corrects number of recalled vehicles in Australia to 115,000, not 85,000) TOKYO, June 12 (Reuters) - Mitsubishi Motors Corp is recalling about 920,000 vehicles globally for a glitch in the light switch that could prevent headlights and blinkers from working, the car maker said on Thursday. No accidents or injuries have been reported as a result of the glitch, Mitsubishi said....More
  • Newswire

    Argentina, Brazil Sign New Car Trade Pact  

    The revival of the auto agreement is crucial to restore trade volumes and help close widening gaps in their external accounts. The pact expired last year during a dispute over its terms....More
  • Newswire

    UPDATE 2-GM CEO to testify on recall next week at U.S. congressional hearing  

    (Adds GM comment in last paragraph) WASHINGTON, June 11 (Reuters) - General Motors Co Chief Executive Mary Barra will testify on June 18 at a U.S. House of Representatives subcommittee hearing on the automaker's defective ignition switch that has been linked to at least 13 deaths, the subcommittee said on Wednesday....More
  • Newswire

    CORRECTED-UPDATE 2-Faulty Takata airbags prompt expanded Toyota recall  

    (Corrects second paragraph to say more than 7 million, not 6.5 million; corrects bullet point to say the same) * Takata says more vehicles could be recalled * Record-keeping errors at plant in Mexico * Honda, Nissan, Mazda check for problem * 7 mln cars with Takata airbags recalled since late 2008 By Yoko Kubota...More
  • Newswire

    U.S. Safety Regulators End Daily Fines for GM on Switch Recall  

    The automaker will pay about $430,000 in cumulative fines for not meeting the safety agency's April 3 deadline to answer 107 questions about its recall of 2.6 million vehicles because of the faulty switch....More
  • Newswire

    NYC 'Taxi of Tomorrow' Program Approved by State Appeals Court  

    Nissan had in 2011 won a 10-year contract worth $1 billion to provide its Nissan NV200 cabs, a fuel-efficient minivan with the potential to convert to full electric power, only to have a state supreme court justice rule last October that the TLC had overstepped its authority....More
  • Newswire

    GM Faulty-Switch Cases Sent to New York Court  

    More than 80 lawsuits have been filed by customers who allege their cars lost value as a result of the recall. GM had asked that the cases be consolidated and transferred to New York, the same district where it filed for and emerged from bankruptcy in 2009....More
  • Newswire

    China Launches Anti-Trust Review Across 80 Industries, Includes Cars  

    Beijing last year stepped up a crackdown on anti-trust practices. The Commerce Ministry's review is part of a campaign launched last December targeting practices that hinder free market competition....More
  • Newswire

    RPT-New models, European recovery set to boost Turkish auto exports  

    (Repeats to additional subscribers with no changes to text) * Recovery in European demand boosts producers in Turkey * Ford, Fiat Chrysler, Hyundai rolling out new models * Autos account for 14 percent of Turkish exports By Evren Ballim...More

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