(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
Goldman Sachs also predicts global light-vehicle sales will grow 3.4% annually over the next six years to 104 million units in fiscal 2020, up from 82.4 million in 2013 and a projected 85.1 million in fiscal 2014....More
“What we are finding is manufacturers are not only bringing technology in faster than we thought they would, they are also bringing different technology to fruition than what we anticipated,” says the EPA’s Michael Olechiw....More
The earnings swoon also reflected difficulties in international markets, specifically South America, where economic headwinds are affecting sales, and in Europe, where GM continues to book losses as it restructures its business....More
Popularity of this new breed of vehicles is growing rapidly worldwide, and more automakers are beginning to test the U.S. market, where buyers are expected to migrate from small hatchbacks and sedans....More
The Henry Ford in Dearborn will host this weekend’s celebration of creativity in parts of the museum and adjacent parking lot. The family-friendly festival is like a traveling circus, highlighting the works of local tinkerers at each stop....More
Mercedes-Benz launched its first and only U.S. vehicle assembly plant in 1995. Officially known as Mercedes-Benz U.S. International, MBUSI has solely produced SUVs and CUVs for North America and export markets until production of the C-Class luxury sedan began in June.
Volvo calls its technology application Autopilot to suggest the driver will be able to relinquish control of the vehicle. Designers and engineers envision a car of the future that operates like an aircraft....More