Autos Automobiles and Components

  • DETROIT, Aug 25- August U.S. auto sales will be 5.2 percent below a year ago, adding to evidence that the peak of industry sales was in 2015, consultancies J.D. Power and LMC Automotive said on Thursday. "With mixed economic signals, it certainly looks like U.S. auto sales may have peaked in 2015," said Jeff Schuster, head of forecasting at LMC. "However, it is important to...

  • AUTO SALES FORECAST AT 16.8 MILLION VEHICLES AT ANNUALIZED RATE, FROM 17.7 MLN YR AGO- JD POWER-LMC.

  • HOUSTON— A Texas jury on Thursday found that a General Motors Co. ignition switch was not to blame for a 2011 accident that killed one driver and injured another, handing the carmaker its third courtroom win this year in a series of trials designed to help attorneys settle dozens of similar claims. Zachary Stevens and his parents had sued GM, claiming a faulty...

  • WASHINGTON, Aug 25- Volkswagen AG said on Thursday it reached a deal to pay its 650 U.S. dealers for their losses from the German automaker's diesel emissions scandal, and a judge ordered it to move quickly to decide whether to fix or buy back 85,000 luxury vehicles with polluting engines. The automaker and a lawyer for VW dealers announced a tentative settlement...

  • WASHINGTON, Aug 25- Volkswagen AG announced on Thursday that it has reached a deal in principle to compensate its 650 U.S. dealers in connection with the German automaker's diesel emissions scandal. The automaker and a lawyer for VW brand dealers announced a tentative settlement at a court hearing in San Francisco. District Judge Charles Breyer they plan to...

  • WASHINGTON, Aug 25- Volkswagen AG is expected to announce on Thursday it has reached a deal in principle to compensate its 650 U.S. dealers in connection with the German automaker's diesel emissions scandal, a source briefed on the matter said. The automaker and lawyers for VW brand dealers are expected to announce a tentative settlement at a court hearing in San...

  • San Diego resident Mark Holthoff, a manager for a community site for used-car enthusiasts called Klipnik.com, was disappointed when he saw the value of his 2014 Volkswagen Golf TDI plummet 30 percent after the "dieselgate" scandal broke in September 2015. But Holthoff felt better after reading the terms of the proposed $14.7 billion settlement and...

  • The National Highway Traffic Safety Administration is expected to propose as early as next month that new cars and trucks come equipped with it. General Motors isn't waiting for the proposal, saying it will include V2V in Cadillac CTS sedans before the end of the year. "We're losing 35,000 people every year," said Harry Lightsey, a General Motors lobbyist.

  • WASHINGTON, Aug 25- Volkswagen AG is expected to announce on Thursday it has reached a deal in principle to compensate its 650 U.S. dealers in connection with the German automaker's diesel emissions scandal, a source briefed on the matter said. The automaker and lawyers for the VW brand dealers are expected to announce a tentative settlement at a court hearing in...

  • *Honda starts orders for NSX in Japan after U.S. launch. TOKYO, Aug 25- With its aggressive design and six-figure price tag, Honda Motor Co's revamped NSX is a far cry from its "cheap and cheerful" Civic sedans, but the automaker is betting the sportscar launched in Japan on Thursday will turbo-charge its brand image. Starting at 23.7 million yen, the bespoke hybrid...

  • Singapore is taking the next step in the world's move towards self-driving vehicles with the first public trial of autonomous-drive taxis.

  • *Honda starts orders for NSX in Japan after U.S. launch. Starting at 23.7 million yen, the bespoke hybrid model becomes available to order in Japan on Thursday, having launched in the United States earlier this year. Marketed under the Acura badge, Honda's stalled premium brand in the United States, China and other regions, the NSX marks the latest effort by the...

  • SINGAPORE— The world's first self-driving taxis will be picking up passengers in Singapore starting Thursday. It will beat ride-hailing service Uber, which plans to offer rides in autonomous cars in Pittsburgh, by a few weeks. The ultimate goal, say nuTonomy officials, is to have a fully self-driving taxi fleet in Singapore by 2018, which will help sharply cut...

  • Aug 24- Ford Motor Co said on Wednesday it was recalling about 91,000 vehicles worldwide to replace faulty fuel-pump parts that could potentially cause a car to stall without warning. Ford said it would replace fuel-pump control modules in about 88,151 vehicles, including certain of its 2013-15 model year Ford Taurus sedans, Ford Flex crossover utility...

  • Ford sign

    Ford Motor said on Wednesday it was recalling about 91,000 vehicles worldwide to replace faulty fuel-pump parts that could potentially cause a car to stall without warning.

  • HAMBURG/ BERLIN, Aug 24- Volkswagen said on Wednesday production of cars at its German plants should be back to normal by next Monday after it resolved a dispute with parts suppliers over contract terms. VW and the two suppliers on Tuesday resolved the dispute affecting 28,000 workers at six of VW's 10 German factories, a day after Europe's largest automaker...

  • Under the agreement reached on Wednesday, Hyundai will increase workers' basic monthly pay by 58,000 won; give each worker a one-off payment of 3.3 million won as well as bonus and incentives payments worth 3.5 times their basic monthly wage; and each worker will also receive 10 Hyundai shares, the company said. Hyundai, the world's fifth-biggest carmaker...

  • DETROIT— Hot cars are a danger to children, particularly in a sweltering summer like this one. So far this year, 26 children in the U.S. have died after they were left in hot vehicles, according to Kids and Cars, a Kansas City- based advocacy group. Within 10 minutes, a car's temperature can rise 20 degrees, according to the National Highway Traffic Safety Administration.

  • Aug 24- Ford Motor Co said on Wednesday it was recalling about 91,000 vehicles in North America to replace faulty fuel-pump parts that could potentially cause a car to stall without warning. Ford said it would replace fuel-pump control modules in about 88,151 vehicles, including certain of its 2013-15 model year Ford Taurus sedans, Ford Flex crossover utility...