In a major step forward for Detroit's efforts to overcome bankruptcy, the city's retirees and active employees have approved a debt-cutting plan.» Read More
HARTFORD, Connecticut— Private jet sales are rising again, climbing out of a deep recession when the company plane was an easy target for spending cuts. The chief executive of General Dynamics Corp., maker of Gulfstream jets, says corporate customers are back and wealth creation is bringing out shoppers for private jets.
DETROIT— A federal judge in Atlanta has sent an important wrongful death lawsuit against General Motors back to a Georgia court. Judge Thomas Thrash Jr. ruled Friday that a Cobb County judge should handle the case filed by the family of Brooke Melton.
DETROIT— Toyota wants to help you scream at your unruly kids. Toyota says it added Easy Speak "so parents don't have to shout to passengers in the back. Automakers are trying to come up with creative ways to make the out-of-fashion minivan more appealing, said Jessica Caldwell, senior analyst at the Edmunds.com automotive website.
DETROIT— Kia is recalling nearly 52,000 Soul small SUVs to fix a problem that can cause steering failure. The recall covers vehicles from the 2014 model year built from July 21, 2013, through Jan. 17, 2014. The Korean automaker says a plug that secures a pinion gear to the steering assembly can loosen and cause the gear to separate.
*Ukraine says rebel missile shoots down Boeing 777 with 298 aboard. HRABOVE, Ukraine, July 18- World leaders demanded an international investigation into the shooting down of a Malaysian airliner over eastern Ukraine in which all 298 people on board were killed, a tragedy that could further heighten tensions between Russia and the West.
*Ukraine says rebel missile shoots down Boeing 777 with 298 aboard. HRABOVE, Ukraine, July 18- The United States believes a surface-to-air missile brought down a Malaysian airliner that crashed in eastern Ukraine on Thursday, killing all 298 people on board, an incident that sharply raises the stakes in a conflict between Kiev and pro- Moscow rebels.
Vice President Joe Biden said on Thursday it appeared that the downing of a Malaysian airliner near the Ukraine- Russia border was not an accident and that the passenger jet apparently was "blown out of the sky." "This is truly a grave situation," Biden said in a speech in Detroit. He spoke by phone to Ukraine President Petro Poroshenko.
Vice President Joe Biden said on Thursday that the downing of a Malaysian airliner near the Ukraine- Russia border apparently was "not an accident" and that the passenger jet was "blown out of the sky." Biden, in a speech in Detroit, said there may have been Americans on board and determining that was the first priority for the United States.
DETROIT— General Motors says it has replaced faulty ignition switches on just under 20 percent of 2.6 million small cars that are being recalled. Switch maker Delphi Automotive says it has produced over 1 million parts and expects to have made 2 million by the end of August.
July 17- U.S. senators on Thursday demanded to know why General Motors Co did not fire its top lawyer after it was revealed this year that the automaker's litigation department knew of a widespread and deadly ignition flaw but failed to escalate the safety issue.
WASHINGTON— Lawmakers demanded General Motors fire its chief lawyer and do more to help crash victims as a Senate subcommittee delved deeper into GM's mishandling of the recall of small cars with defective ignition switches. Thursday's grilling was GM's fourth appearance before Congress, but senators aren't done with their investigation.
July 17- The chief executive of Delphi Automotive, the auto supplier that supplied the defective switch to General Motors Co that has been linked to at least 13 deaths, said on Thursday that the automaker was responsible for approving the faulty part design.
LONDON, July 17- The legal battle between the London Metal Exchange and Russian aluminum giant Rusal will resume on July 29. There are currently 2,915,100 tonnes of the stuff waiting for a physical delivery slot in the LME warehouse system, most of it at just two locations; Vlissingen in the Netherlands and Detroit in the United States.
DETROIT— Chrysler can fix recalled Jeep SUVs far faster than U.S. safety regulators have predicted, the automaker told the government Wednesday.
HOUSTON— A former Texas prosecutor has asked the state to pardon a woman who pleaded guilty in a 2004 car crash that killed her fiance, saying she now believes the accident was caused by a faulty General Motors ignition switch.
WASHINGTON— General Motors Co. is the first big automaker to support legislation barring rental-car companies from renting or selling vehicles subject to a recall.
DETROIT— Volkswagen bumped General Motors out of second place in the global auto sales race during the first half of the year, but Toyota is expected to stay in first place. Toyota won't release first-half numbers until later this month.
DETROIT, July 16- 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.
July 16- The Detroit Institute of Arts said on Wednesday it has secured another $26.8 million in pledged donations to cover its portion of the "grand bargain" intended to help Detroit emerge from bankruptcy while sparing a sale of the museum's art works.
DETROIT/ FRANKFURT, July 16- German automaker BMW said on Wednesday it is recalling about 1.6 million cars worldwide to replace passenger-side front airbags made by Takata Corp because the inflators could break apart during deployment and injure passengers.