Autos Automobiles and Components

  • WASHINGTON— A source tells The Associated Press that U.S. safety regulators are ending an investigation into a fatal crash involving electric car maker Tesla Motors' Autopilot system without a recall. The National Highway Traffic Safety Administration scheduled a call Thursday about the investigation. The investigation began June 28, nearly two months...

  • Jan 19- The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Thursday:. **U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. **Lotte Chemical Corp is looking...

  • Jan 19- The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Thursday:. **U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. **Lotte Chemical Corp is looking...

  • DETROIT— Thirteen automakers are recalling more than 652,000 vehicles in the U.S. in the latest round of dangerous Takata air bag inflator recalls. Automakers with recalls posted Thursday are Audi, Nissan, Jaguar-Land Rover, Subaru, Daimler Vans, Tesla, Mitsubishi, BMW, Ferrari, Mercedes, Mazda, McLaren and Karma. All the recalls are to replace front passenger...

  • TOKYO, Jan 19- Bidders for Japan's Takata Corp are pushing for a court-mediated turnaround for the embattled air bag maker's domestic business, a source said, a strategy the company opposes and news of which sent its shares tumbling 17 percent. Earlier in the day, the Nikkei newspaper reported that Swedish air bag maker Autoliv Inc, and a group led by U.S. auto parts...

  • Jan 19- The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Thursday:. *U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. **Lotte Chemical Corp is looking...

  • Jan 19- The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Thursday:. *U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. **Lotte Chemical Corp is looking...

  • BERLIN, Jan 19- Former Volkswagen Chief Executive Martin Winterkorn told German lawmakers he did not know about the company's systematic emissions cheating earlier than VW has officially admitted. "That is not the case," Winterkorn told the German parliament's committee of inquiry into carmakers' emissions irregularities. "I too am looking for satisfactory...

  • OSAKA, Jan 19- Panasonic Corp aims to extend its partnership with electric car maker Tesla Motors Inc beyond batteries and into self-driving technology, as the Japanese conglomerate continues to shift its focus to the automotive business. Panasonic is the exclusive supplier of batteries for Tesla's Model S, Model X and upcoming mass market Model 3, and plans...

  • *Bidders want court-led turnaround for Japan ops- source. TOKYO, Jan 19- U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. Shares in Takata closed 17.3 percent lower, falling by their daily...

  • MEXICO CITY— Donald Trump's assumption of the U.S. presidency couldn't come at a worse time for Mexico. Even before his swearing-in, Trump has already hurt the country's economy by pressuring automakers to shift factories out of Mexico, threatening its most important manufacturing sector and status as a rising star in auto production. He has also threatened to...

  • Guests view the inside of a Hyperloop tube during the first open air propulsion test at the Hyperloop One Test and Safety site on May 11, 2016 in Las Vegas, Nevada.

    Hyperloop One, which is nearing its first full scale test run, has promoted a tech industry veteran to two critical leadership positions.

  • *Bidders want court-led turnaround for Japan ops- Nikkei. *Management wants private process in Japan. TOKYO, Jan 19- Takata Corp's two remaining bidders plan to propose a court-mediated turnaround for the Japanese operations of the troubled auto parts maker, the Nikkei business daily reported on Thursday.

  • HONOLULU— Hawaii has the most aggressive renewable energy targets in the nation, aiming for its utilities to get 100 percent of their electricity from renewable sources by 2045.. But Hawaii officials aren't planning to make everyone get rid of their fuel-powered cars— at least not yet. "We can say we want 100 percent clean transportation technology, but the...

  • *Weighing options for India auto platform technology. DETROIT, Jan 19- After an 18- month review, General Motors Co is nearer to resolving a raft of issues that have hobbled its $1 billion strategy for India, one of the fastest growing emerging markets for automobiles. The strategy, announced in July 2015, includes selling one of its two Indian assembly plants to a...

  • WASHINGTON, Jan 18- Oklahoma Attorney General Scott Pruitt, U.S. As part of a 2012 regulation, EPA had to decide by April 2018 whether to modify the 2022-2025 model year vehicle emission rules requiring average fleet-wide efficiency of more than 50 miles per gallon. The EPA said in July that because Americans were buying fewer cars and more SUVs and trucks, it...

  • WASHINGTON, Jan 18- Oklahoma Attorney General Scott Pruitt, U.S. As part of a 2012 regulation, EPA had to decide by April 2018 whether to modify the 2022-2025 model year vehicle emission rules requiring average fleet-wide efficiency of more than 50 miles per gallon. The EPA said in July that because Americans were buying fewer cars and more SUVs and trucks, it...

  • WASHINGTON, Jan 18- Oklahoma Attorney General Scott Pruitt, U.S. As part of a 2012 regulation, EPA had to decide by April 2018 whether to modify the 2022-2025 model year vehicle emission rules requiring average fleet-wide efficiency of more than 50 miles per gallon. The EPA said in July that because Americans were buying fewer cars and more SUVs and trucks, it...

  • **HomeServices of America Inc, a unit of Warren Buffett's Berkshire Hathaway Inc, on Tuesday said it has purchased the Houlihan Lawrence residential real estate firm, its second foray into the New York City area this month. **German carmaker Volkswagen said it would not produce or sell any Audi cars with SAIC Motor Corp until at least 2018, seeking first to...

  • President-elect Donald Trump's choice for commerce secretary, voiced sharp criticism of China's trade practices on Wednesday, telling senators he would seek new ways of combating them. Ross, who made his fortune turning around troubled companies in steel, auto parts, textiles and other industries, called China the "most protectionist" country among large...