GO
Loading...

Automobiles and Components

More

  • Senate approves new auto safety chief Tuesday, 16 Dec 2014 | 8:32 PM ET

    WASHINGTON— The Senate on Tuesday confirmed a new administrator to lead the government's auto safety agency, which faces complaints that regulators bungled two high-profile recalls involving faulty ignition switches and exploding air bags. Mark Rosekind, 59, a leading expert on human fatigue, was approved by voice vote to head the National Highway Traffic...

  • Chrysler renames itself as FCA US Tuesday, 16 Dec 2014 | 10:17 AM ET

    Dec 16- U.S. automaker Chrysler Group LLC said it had changed its name to FCA US LLC effective immediately to follow the naming convention of its parent Fiat Chrysler Automobiles NV. Earlier this year Fiat completed its purchase of all outstanding Chrysler shares, and listed the company on the New York Stock Exchange in October. FCA US employs more than 77,000...

  • BEIJING, Dec 16- Chinese authorities said on Tuesday that Honda Motor Co. and its two joint ventures in China would recall 569,769 cars due to potentially defective air bags which the carmaker said were made by Japan's Takata Corp.. Honda, Takata's biggest customer, alone has recalled 13.4 million cars, primarily in the United States. A Beijing- based Honda...

  • Fiat's Chrysler Group changes its name to FCA US Tuesday, 16 Dec 2014 | 7:56 AM ET

    AUBURN HILLS, Mich.— Chrysler Group LLC has changed its name to FCA US LLC. The move was part of Fiat Chrysler Automobiles' renaming of its mass-market brands. The automaker said Tuesday that the name change follows the naming convention of its parent company, Fiat Chrysler Automobiles N.V., which adopted its name in October when it listed on the New York Stock...

  • UAW head: Companies can raise pay, be competitive Monday, 15 Dec 2014 | 12:28 PM ET

    DETROIT— United Auto Workers President Dennis Williams says he's not buying the Detroit Three automakers' argument against wage increases for longtime workers. Williams told reporters at a meeting Monday that keeping Detroit competitive with foreign automakers can't always be done on the backs of workers. Both sides will have to balance the competing...

  • Uberpop is a 'danger' to French customers  Monday, 15 Dec 2014 | 4:50 AM ET

    The French government has announced they will ban Uber service Uberpop from January 1st 2015. CNBC's Stephane Pedrazzi discusses further.

  • How BlaBlaCar differs from Uber  Monday, 15 Dec 2014 | 4:45 AM ET

    With Uberpop being banned in France from 1st January 2015, Nicolas Brusson, co-founder and COO of BlaBlaCar, discusses how his company differs by focusing on long distance journeys.

  • BERLIN, Dec 15- Volkswagen's ultra-luxury brand Bentley has raised its target for sales as the British carmaker plans to add models such as its first ever sport-utility vehicle, Frankfurter Allgemeine Zeitung reported on Monday. Bentley is now targeting 20,000 annual deliveries by 2020, double its 2013 sales and an expansion of the brand's original goal of...

  • Volvo to launch online car sales in marketing shift Monday, 15 Dec 2014 | 12:00 AM ET

    PARIS, Dec 15- Volvo Car Corp said it will start selling vehicles online as it rolls out new models to compete with German luxury rivals such as BMW. "The plan is to have all our car lines in all our markets offered digitally," Volvo sales chief Alain Visser said in an interview. But Volvo has assured its 2,000 global dealerships, half of which are in Europe, that it has no...

  • Lost car keys? You may not need them anymore Sunday, 14 Dec 2014 | 12:00 PM ET

    Auto recalls are adding momentum to a broad industry shift away from conventional ignition switches.

  • TOKYO, Dec 14- Takata Corp. has begun enforcing tighter quality controls on a group of parts suppliers as the auto safety equipment maker boosts production to replace millions of air bags recalled for a potentially deadly defect, according to people involved. Takata, whose exploding air bags have caused five deaths and a recall of more than 20 million vehicles...

  • Australia’s auto industry crashes in slow motion Friday, 12 Dec 2014 | 4:24 PM ET

    There has been a car industry in Australia for about as long as there have been cars. But within two or three years, the last of the continent’s auto plants will go dark.

  • Big Island brothers' T-shirts commemorate lava Friday, 12 Dec 2014 | 2:42 PM ET

    HILO, Hawaii— Two Hawaii brothers are selling concert-like T-shirts commemorating a Big Island lava flow as a way to make money in case the molten rock burns down their auto parts store. The lava from Kilauea volcano has been threatening homes, business and roads for months after slowly creeping into the small town of Pahoa. They came up with the idea in October,...

  • Auto dealer chain to pay fine for deceptive ads Friday, 12 Dec 2014 | 12:22 PM ET

    IOWA CITY, Iowa— A family-owned chain of automobile dealerships located in Iowa, Montana and South Dakota will pay a $360,000 civil penalty for running misleading ads, federal regulators announced Friday. The complaint named Billion dealerships in Iowa City, Clive and Sioux City, Iowa; Sioux Falls, South Dakota; and Billings, Montana. Their ads routinely reach...

  • Dec 12- BRP Inc, the maker of Ski-Doo snowmobiles and Sea-Doo watercraft, cut its full-year earnings and revenue forecast as it expects a weak rouble to hit sales in Russia, sending its shares down as much as 17 percent to a record low. It has manufacturing plants in the United States, Canada, Mexico and Europe. BRP, spun off from Bombardier Inc in 2003, cut its full-year...

  • DETROIT, Dec 12- Chrysler Group is expanding its U.S. recall of older-model vehicles with Takata Corp passenger-side air bags, adding a second inflator design to the recall and more affected regions. The company said no accidents or injuries in any of its vehicles have been linked to any Takata passenger-side inflators. Chrysler was one of 10 automakers who...

  • Chrysler expands air bag recall Friday, 12 Dec 2014 | 8:16 AM ET

    It's part of a growing problem worldwide with air bag inflators made by Japanese auto parts supplier Takata Corp.. At first Chrysler agreed to replace passenger air bag inflators in Florida, Hawaii, Puerto Rico and the U.S. Virgin Islands. The new boundaries are Alabama, Florida, Georgia, Hawaii, Louisiana, Mississippi, Texas and five U.S. territories.

  • BERLIN, Dec 12- Sales growth at Volkswagen, Europe's biggest carmaker, was the slowest for 15 months in November as declining demand in the Americas offset gains in Europe and China. The German group, whose brands include the luxury Audi marque and its core VW passenger-car division, said on Friday deliveries edged up 0.7 percent last month compared with the same...

  • *Hong Kong stock market debut set for Dec 19. HONG KONG, Dec 12- Chinese automaker BAIC Motor Corp Ltd, part-owned by Germany's Daimler AG, is set to raise about $1.42 billion in an initial public offering in Hong Kong, people with knowledge of the deal said on Friday. The price would be just above the mid-point of a HK $7.60 to HK $9.80 marketing range, putting the total...

  • Uber's misdemeanours won't discourage investors  Friday, 12 Dec 2014 | 4:40 AM ET

    Uber's service has been facing some tough critics in recent weeks. Despite negative coverage, Eileen Burbidge, partner at Passion Capital, says investors won¿t be put off, with Baidu potentially investing more money in the country.