GO
Loading...

Automobiles and Components

More

  • DETROIT, Oct 22- The United Auto Workers hopes to be recognized as the exclusive bargaining agent for workers at a Volkswagen AG assembly plant in Chattanooga, Tennessee within a year, the union's President Dennis Williams said on Wednesday. He said "I hope so," however, when asked if the UAW would gain recognition to bargain for VW workers by the time contract talks...

  • NEW YORK, Oct 22- U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp and Honda Motor Co Ltd, The Wall Street Journal reported on Wednesday. Word of the investigation follows a notice on Tuesday from the U.S....

  • Bungled air bag alerts leave car owners scrambling Wednesday, 22 Oct 2014 | 4:06 PM ET
    The Takata Corp. logo is displayed outside the company's headquarters in Tokyo.

    A NHTSA spokesperson said a further increase could follow in its massive air bag recall, noting, "The agency has an open investigation going."

  • Correction: Air Bag Recall-Glance story Wednesday, 22 Oct 2014 | 3:28 PM ET

    The National Highway Traffic Safety Administration has expanded the number of vehicles and manufacturers covered by a warning about air bags. But Wednesday it added multiple models and removed about 133,000 older General Motors cars that were put on the list by mistake. The agency is urging people in high-humidity areas such as Florida, Puerto Rico, Guam,...

  • Oct 22- Auto parts maker Delphi Automotive Plc is looking to sell its business that makes heating and cooling systems for cars, and will seek as much as $1 billion, Bloomberg reported, citing people with knowledge of the matter. Delphi has approached companies including French automotive supplier Valeo SA and South Korea's Halla Holdings Corp and is planning to...

  • Oct 22- Polaris Industries Inc reported a higher-than-expected quarterly profit on Wednesday, lifted by strong demand for its snowmobiles, motorcycles and other off-road and specialty vehicles in every region outside Europe. But in a measure of Polaris's operating efficiency and pricing power, the company reported it was still able to post double-digit...

  • DETROIT, Oct 22- U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants. The NHTSA has urged owners of certain Toyota, Honda, Mazda, BMW, Nissan, Mitsubishi, Subaru, Chrysler, Ford and General Motors vehicles to...

  • EPA: Gas mileage inflated on 4 Mini Cooper models Wednesday, 22 Oct 2014 | 10:56 AM ET

    It's the fourth time in the past two years that the EPA has found that an automaker overstated gas mileage test results. The automakers do their own estimates based on testing guidelines from the EPA. Hyundai-Kia, Ford and Mercedes-Benz all had to reduce mileage estimates on some of their models as the EPA increased its auditing efforts.

  • DETROIT, Oct 22- U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants. The NHTSA has urged owners of certain Toyota, Honda, Mazda, BMW, Nissan, Mitsubishi, Subaru, Chrysler, Ford and General Motors vehicles to...

  • Government ups air bag warning to 7.8M vehicles Wednesday, 22 Oct 2014 | 8:42 AM ET

    DETROIT— In a story Oct. 20 about an auto industry air bag recall, The Associated Press reported an incorrect age for Hien Thi Tran, who died after being severely injured in a Florida crash. DETROIT— The U.S. government issued an urgent plea to more than 4.7 million people to get the air bags in their cars fixed, amid concern that a defect in the devices can possibly kill...

  • FRANKFURT, Oct 22- Daimler AG will book a $780 million windfall from the sale of its four percent stake in U.S. electric car maker Tesla Motors, a move late on Tuesday that surprised investors and fuelled speculation of a growing rivalry. The maker of Mercedes-Benz cars invested in Tesla in 2009 as a way of securing cutting edge battery technology.

  • Peugeot will lose market share globally: Pro     Wednesday, 22 Oct 2014 | 4:20 AM ET

    Kristina Church, analyst at Barclays, says Peugeot will lose market share globally with a weak European macroeconomic situation weighing on the automaker.

  • State awards subway car contract to Chinese firm Wednesday, 22 Oct 2014 | 2:11 AM ET

    BOSTON— A Chinese government-owned rail company was awarded a $566.6 million Massachusetts state contract on Wednesday to build subway trains for the "T," the nation's oldest subway system, despite concerns from local activists about China's human rights record as well as complaints from competitors that the company's winning bid was unrealistically low.

  • DETROIT, Oct 21- The problems for Japanese auto parts maker Takata Corp grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States while two more lawsuits have been filed over accidents in older Honda cars. The news came a day after Toyota Motor Corp recalled 247,000 vehicles in the United States...

  • TOKYO, Oct 22- Japan's Takata Corp said on Wednesday it would cooperate fully with U.S. authorities and automakers after the National Highway Traffic Safety Administration urged vehicle owners to act swiftly on recall notices to replace the company's defective airbags. "We take latest action seriously," Takata said in a statement. It added that the cost of...

  • FRANKFURT, Oct 21- Daimler AG said on Tuesday it would book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors Inc. The stake sale comes as a surprise, even though the Stuttgart- based maker of Mercedes-Benz cars insisted that a technological cooperation deal between the two carmakers remains unchanged.

  • DETROIT, Oct 21- Michigan Governor Rick Snyder signed a bill on Tuesday that will keep electric carmaker Tesla Motors Inc from selling its cars directly to consumers in the state, home to the biggest U.S. automakers. Michigan becomes the fifth U.S. state to keep Tesla from easily selling cars directly to consumers, joining Texas, New Jersey, Arizona and Maryland,...

  • Daimler sells stake in Tesla for $780 million Tuesday, 21 Oct 2014 | 5:33 PM ET

    Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million. The Germany- based parent of Mercedes-Benz says its partnership with Tesla Motors Inc. is unaffected. Tesla shares fell $2.64, or 1.1 percent, to $232.70 in after-hours trading.

  • DETROIT, Oct 21- The recall crisis is growing involving Takata- made air bags exploding with too much force and spraying vehicle occupants with metal shrapnel, with two more lawsuits filed over accidents in older Honda cars. News of the lawsuits came a day after Toyota Motor Corp on Monday recalled 247,000 vehicles in the United States because of potentially...

  • Legal petition seeks NY ban on outdated rail cars Tuesday, 21 Oct 2014 | 2:12 PM ET

    ALBANY, N.Y.— A coalition of environmental groups and city residents filed a legal petition on Tuesday seeking a ban on older model rail tanker cars carrying volatile crude oil from North Dakota to the Port of Albany, citing their history of rupturing and exploding in a series of catastrophic derailments. Port facilities owned by Houston- based Buckeye Partners...