The majority of Americans are ready to hand over control to self-driving vehicles—so long as they're able to maintain a bit of control.» Read More
The recall covers the Verona from the 2004-2006 model years. All the cars were made by General Motors in Korea. Suzuki says there were no fires reported in Verona models.
DETROIT, July 29- Auto systems supplier TRW Automotive Holdings Corp, targeted for takeover by ZF Friedrichshafen, easily beat Wall Street profit expectations for the second quarter as revenue rose 2 percent. Excluding one-time items, TRW earned $2.32 per share in the quarter, versus $2.02 a year earlier, it said on Tuesday.
DETROIT, July 29- Auto systems supplier TRW Automotive Holdings Corp, targeted for takeover by ZF Friedrichshafen, easily beat Wall Street profit expectations for the second quarter on Tuesday as revenue rose 2 percent. Excluding one-time items, TRW earned $2.32 per share in the quarter, versus $2.02 a year earlier.
PARIS— French carmaker Renault says its profits in the first half of the year rose, partly thanks to lower costs as its revenue dropped. The maker of the Twingo and Clio hatchbacks said Tuesday its net income rose to 749 million euros from 39 million euros a year earlier.
*Renault cost-cutting boosts margin as sales decline. PARIS, July 29- Renault made progress towards a core profitability goal as cost-cutting helped to counter currency headwinds in the first half, the French carmaker said, but sales and cash flow suffered ahead of the replacement of key models.
TOKYO— Honda's quarterly profit surged nearly 20 percent on demand for remodeled cars in Japan and elsewhere in Asia. Honda, Japan's No. 3 automaker, posted 574 billion yen profit on 11.84 trillion yen sales for the last fiscal year, which ended March 2014.
At Fox Ford and Lincoln not far from Chicago's Loop, Mike Fullmer says sales are so brisk his biggest concern is keeping up with demand.
Koji Endo, Managing Director at Advanced Research Japan, discusses how domestic sales and recent recalls will impact Honda's first quarter results on Tuesday.
Alec Gutierrez, Senior Market Analyst, Automotive Insights at Kelley Blue Book, discusses Nissan's robust results in the second quarter and outlines his earnings estimates for Honda.
"Consumer Reports believes that Toyota should recall these cars," the magazine said. Toyota spokesman John Hanson said in an email statement that the automaker was working with the U.S. safety regulators at the National Highway Traffic Safety Administration on a probe related to the issue.
"Consumer Reports believes that Toyota should recall these cars," the magazine said. Toyota officials did not have an immediate comment. Consumer reports said Toyota's decisions were prompted partly by consumer complaints filed with U.S. safety regulators at the National Highway Traffic Safety Administration.
HAMILTON, Ohio— Expansion of an auto-parts manufacturing operation is expected to add 214 jobs in the southwest Ohio city of Hamilton. The private job-creation agency JobsOhio, the Regional Economic Development Initiative of Cincinnati, and the city of Hamilton worked together on economic incentives for the company.
DETROIT, July 28- General Motors Co has pushed forward the launch of its next-generation full-size pickups by about nine months to fall 2018, hoping to narrow rival Ford Motor Co's still-sizable lead in meeting future U.S. fuel-economy standards, supplier sources said on Monday.
DETROIT, July 28- U.S. and Canadian dealers on Monday began ordering 2015 Ford Motor Co F-150 pickup trucks, which are lighter than earlier models, priced higher and include additional standard features, the company said. The XL base price will be $26,615 including destination charges, and the XLT will begin at $31,890.
You don't have to hold the wheel, says Filip Brabec, Audi of America product management, discussing the automaker's self-driving car. And Gov. Rick Scott, (R-Fla), explains how the Sunshine State intends to make sure the technology is safe for the road while creating more jobs.
YOKOHAMA, Japan, July 28- Nissan Motor Co Ltd aims to boost sales and profitability in the United States, its biggest market, an executive said, after Japan's No.2 automaker posted a 14 percent rise in quarterly U.S. sales, closing in on rival Honda Motor Co.. It surpassed Hyundai Motor Co and is closing in on Honda, whose sales fell 0.8 percent during the same period.
YOKOHAMA, Japan, July 28- Nissan Motor Co's operating profit rose a higher-than-expected 13.4 percent in the April-June quarter on improved sales in the United States and China, its two largest markets, following a change in senior management overseeing U.S. operations.
TOKYO— Nissan's quarterly profit rose nearly 37 percent, helped by a favorable exchange rate and healthy sales in North America and China. Nissan's vehicle sales grew in the robust North American market, on solid demand for the Rogue crossover and the Altima sedan, offsetting shaky Japan, where a rise in the consumption tax dampened sales overall.
YOKOHAMA, Japan, July 28- Nissan Motor Co posted a 13.4 percent rise in April-June operating profit from a year earlier as Japan's second-biggest car maker saw improved sales in the United States after it changed senior management overseeing operations there.
NEW YORK— Nissan is recalling more than 226,000 additional vehicles over a defective air bag that has affected much of the global auto industry. Faulty air bags have already been blamed for the recall of millions of cars around the world in recent years, including those made by BMW, Chrysler, Ford, Honda, Mazda and Toyota.