(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
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
A Japan Magnesium Assn. official predicts demand will grow 3% to 4% over the next five years thanks to a new alloy mix incorporating calcium, making it possible to die-cast magnesium components on the same line as aluminum parts....More
“This is the greatest day ever!” declares Thomas Semaan, whose ’80 Chevrolet Corvette Stingray fueled up for a mere $8.60 instead of the $38 he would have paid for the same amount in today’s dollars....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