GO
Loading...

Automobiles and Components

More

  • NHTSA: New airbag issues     Monday, 20 Oct 2014 | 11:34 AM ET

    The National Highway Traffic Safety Administration is warning owners of approximately 3.75 million vehicles about potentially faulty airbags. CNBC's Phil LeBeau has the details.

  • Toyota adds 247K vehicles to air bag recall tally Monday, 20 Oct 2014 | 10:14 AM ET

    DETROIT— Toyota is recalling 247,000 vehicles in high-humidity areas as an air bag problem that has plagued most of the auto industry continues to widen. Inflators can rupture in air bags manufactured by parts supplier Takata, causing metal fragments to fly out when bags are inflated in crashes. The recall covers vehicles in South Florida, along the Gulf Coast,...

  • DETROIT, Oct 17- General Motors Co's top lawyer will retire early next year, months after his department was heavily criticized for how it handled the automaker's defective ignition switch that has been linked to at least 27 deaths. Michael Millikin, 66, informed GM of his decision and the company will immediately begin an external search for his replacement,...

  • GM's top lawyer to retire early next year Friday, 17 Oct 2014 | 12:41 PM ET

    DETROIT, Oct 17- General Motors Co's top lawyer, whose department was heavily criticized for the handling of a defective ignition switch linked to at least 27 deaths, will retire early next year. Michael Millikin, 66, informed GM of his decision and the company will immediately begin an external search for his replacement, the No. 1 U.S. automaker said on Friday.

  • Oct 17- Railroad operator Kansas City Southern's reported a higher-than-expected quarterly revenue as it shipped more grains and automobiles. Kansas City Southern operates on a unique, north-south route in central United States and derives half of its annual revenue from cross-border business with Mexico. Exports from the United States to Mexico rose...

  • *FTSEurofirst 300 up 1.4 pct, Euro STOXX 50 up 1.5 pct. Among the top gainers were Renault, up 2.8 percent and PSA Peugeot Citroen up 5.2 percent, boosted by data showing car sales in Europe rose 6.1 percent in September, the 13th straight month of growth in sales. The euro zone's blue-chip Euro STOXX 50 index was up 1.5 percent, at 2,917.69 points.

  • DETROIT, Oct 16- A fatal accident near Los Angeles last year of a 2002 Acura sedan involved a Takata Corp air bag, the third death in the United States linked to a defective safety component made by the Japanese supplier, according to local officials and the automaker. Xu was driving a green 2002 Acura TL sedan, a model with Takata air bags, a Honda spokesman said on...

  • Third traffic death in U.S. linked to Takata air bags Thursday, 16 Oct 2014 | 4:02 PM ET

    DETROIT, Oct 16- A fatal accident near Los Angeles last year of a 2002 Acura sedan involved a Takata Corp air bag, the third death in the United States linked to a defective safety component made by the Japanese supplier, according to local officials and the automaker. U.S. safety regulators at the National Highway Traffic Safety Administration are investigating...

  • DETROIT, Oct 16- Chrysler Group on Thursday announced two global recalls of more than 900,000 cars and SUVs combined for problems that could cause fires. Chrysler, a unit of Fiat Chrysler Automobiles, is recalling about 470,000 cars and SUVs globally from model years 2011 through 2014 and equipped with a 3.6 liter engine and a 160 amp alternator, according to the...

  • Chrysler recalling nearly 907,000 cars, SUVs Thursday, 16 Oct 2014 | 7:51 AM ET

    DETROIT— Nearly 907,000 Chrysler, Dodge and Jeep SUVs and cars are being recalled for alternators that can fail and heated power mirror wiring that can short and cause minor fires. The recalls, posted Thursday by U.S. safety regulators, push the total number of recalls so far this year 544, totaling a record of more than 52 million vehicles. It can even cause fire or...

  • SHANGHAI, Oct 16- China said on Thursday it would punish carmakers by restricting their production and publicly naming them if they fail to meet fuel consumption requirements on passenger vehicles set for 2015.. China's fuel economy rules, as stringent as those to be enforced in the United States, Europe and Japan, involve a fleet-wide corporate average target...

  • Winnebago beats Street 4Q forecasts Thursday, 16 Oct 2014 | 7:21 AM ET

    FOREST CITY, Iowa _ Winnebago Industries Inc. on Thursday reported earnings of $12.9 million in its fiscal fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. Analysts expected $243.7 million, according to Zacks.

  • US auto sales expected to hit record high in 2015 Wednesday, 15 Oct 2014 | 8:15 PM ET
    Shoppers at the Toyota of Deerfield dealership, Deerfield Beach, Fla.

    J.D. Power and Associates says that sales of new cars and trucks at U.S. auto dealerships will climb to 13.83 million in 2015.

  • Toyota recalls Lexuses in US for fuel leak risk Wednesday, 15 Oct 2014 | 1:27 PM ET

    DETROIT— Toyota is recalling about 423,000 older-model Lexus luxury cars in the U.S. because a gasket can leak fuel and possibly cause a fire. The move is among three global recalls that Toyota announced Wednesday totaling about 1.7 million vehicles. The Lexus recall is part of a larger recall of 759,000 cars that also covers the Crown Majesta, Crown and Mark X in...

  • In a letter to a Federal Communications Commission official viewed by Reuters on Wednesday, GM's Global Connected Consumer executive director, Harry Lightsey III, urged the FCC to "retain the critical distinction" among rules for fixed and mobile Internet traffic and said new limitations for the mobile industry may constrain innovation in connected cars.

  • Top gas mileage goes to Mitsubishi Mirage Wednesday, 15 Oct 2014 | 11:37 AM ET

    The non-hybrid new car with the best gasoline mileage rating in the United States is not a Honda or Toyota. It's a Mitsubishi that's priced less than the average cost of a used car or truck. Mitsubishi's 2015 Mirage compact, five-door hatchback is rated by the federal government at 40 miles per gallon in combined city/highway travel.

  • DETROIT, Oct 15- General Motors Co's global sales rose 2 percent in the third quarter, driven by strong demand in the two largest auto markets in the world, China and the United States. Japan's Toyota Motor Corp will report third-quarter sales on Nov. 5. Those results helped offset declines in South America, Europe and its international operations in Asia excluding...

  • VW edges GM to hold 2nd place in global sales race Wednesday, 15 Oct 2014 | 10:13 AM ET

    DETROIT— Volkswagen barely edged out General Motors for second place in the global auto sales race during the first three quarters of the year, but Toyota was expected to keep its lead to stay in first place. Volkswagen, which nudged GM out of second in the first half of the year, stayed ahead even though the Detroit automaker had its best third-quarter global sales...

  • *U.S. retail sales fall, even when excluding cars, gasoline. WASHINGTON, Oct 15- U.S. retail sales declined in September and prices paid by businesses also fell, worrisome signs that consumer demand may be faltering while inflation is failing to gain traction. Total retail sales dropped 0.3 percent, the Commerce Department said.

  • Jay Leno returning to series TV with CNBC car show Wednesday, 15 Oct 2014 | 9:03 AM ET

    NEW YORK— Jay Leno is returning to nightly television. The former "Tonight Show" host's new prime-time venture, tentatively titled, " Jay Leno's Garage," and based on his Emmy Award-winning Web series, will premiere on CNBC in 2015, the network announced Wednesday. Jay Leno's Garage: The Ultimate Car Week "marked his first return to hosting since he vacated NBC's" The...