DETROIT, March 13- U.S. safety regulators have recorded 303 deaths when airbags failed to deploy in 1.6 million compact cars recalled last month by General Motors Co, according to a study released Thursday night by a safety watchdog group.» Read More
Transportation Secretary Anthony Foxx on Thursday promised an "aggressive investigation" into whether General Motors was slow to report to the federal government problems with ignition switches in its autos, which have led to 12 deaths.
By 2017, global carmakers will be set up to build 6 million vehicles a year in Brazil even as local sales may struggle to pass 4 million, analysts say. "Everyone jumped on the bandwagon," said IHS Automotive analyst Guido Vildozo, citing oversized ambitions in Brazil after sales averaged 10 percent growth in the past decade.
March 13- Three anti-union Volkswagen workers have sued the German automaker and the United Auto Workers in a U.S. court, alleging that VW and the union improperly colluded in the run-up to a union election in Tennessee that the UAW lost.
*Car companies spend more on research and development. FRANKFURT, March 13- The car industry's international patent filings jumped 18 percent in 2013, the World Intellectual Property Organisation said on Thursday, in part reflecting a push for new technologies to lower exhaust emissions.
Natalie Sauber, consulting analyst at Frost and Sullivan, says that some auto makers are making a comeback, such as Volkswagen, which has a "more aggressive approach" in 2014.
BERLIN, March 13- German automaker Volkswagen will reinforce steps to boost earnings in coming years as its long-planned target to increase sales to over 10 million cars a year is almost met.
*BMW Q4 automotive EBIT 1.77 bln euros vs 1.68 bln forecast. The investment drive, which includes the launch of the i3 electric vehicle and the next generation of the Mini, will help BMW increase sales again this year in the face of stiff competition from rivals Audi and Mercedes-Benz.
BERLIN, March 13- German carmaker Volkswagen expects to sell more than 10 million vehicles across its multi-brand group this year, aiming to hit a long-running target four years earlier than previously planned.
WASHINGTON-- The U.S. Commerce Department reports on spending at retail businesses and restaurants in February. The report will be released at 8:30 a.m. Eastern Thursday. SLIGHT GAIN: Economists expect that retail spending rose 0.2 percent last month, according to a survey by FactSet.
*U.S. Senate announces its own probe of GM, NHTSA over recall. *Senate, House say criminal investigation could complicate their probes.
*Senate, House say criminal investigation could complicate their probes. DETROIT/ WASHINGTON, March 12- General Motors Co said on Wednesday that even after the vehicles in its ignition-switch recall are repaired, owners should avoid weighing down their key rings with anything more than the key and fob.
DETROIT, March 12- General Motors Co said on Wednesday that even after the vehicles in its ignition-switch recall are repaired, owners should still have only the key and fob on the key ring.
Vincent Bolloré, CEO of Bolloré Group, hopes to solve London's traffic and pollution problem with an electric car rental service.
New Jersey became the third state to ban the company from selling vehicles directly to the public. But the dispute is far from over.
CNBC's Rick Santelli weighs in on Tesla and the unanimous vote of the New Jersey Motor Vehicle Commission to ban auto manufacturers from selling cars directly to consumers.
Colin Rusch, Northland Capital Markets senior analyst, discusses Tesla's sales model in the wake of the New Jersey Motor Vehicle Commission decision to ban auto manufacturers from selling cars directly to consumers.
The Department of Justice is looking into Generl Motor's ignition key recall, reports CNBC's Phil LeBeau.
The Garden State voted to ban direct auto sales yesterday and that means automakers like Tesla will need to go through dealerships to sell cars there, reports CNBC's Phil LeBeau.
A new study shows the average household in 24 of America's 25 largest metropolitan areas cannot afford to pay for the average priced new car or truck.
TORONTO, March 11- A new free trade agreement with South Korea will throw a wrench into Canada's auto sector recovery, union leaders and an automaker warned on Tuesday, highlighting the pressure on an industry already struggling with competition from Mexico.