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Automobiles and Components

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  • LONDON, May 29- Platinum miners betting on fuel cell vehicles to help boost demand for the precious metal and lift moribund prices are in danger of having their hopes dashed, at least in the medium term: electric and hybrid cars are taking a bigger share of the market. The world's three largest platinum producers Anglo American Platinum, Impala Platinum and Lonmin...

  • DETROIT, May 28- Three automakers on Thursday widened recalls of cars and trucks with Takata Corp air bags and the U.S. Congress set a hearing next week on the safety issue that has been linked to six deaths. Takata last week complied with demands of U.S. safety regulators and doubled the vehicles to be involved in air bag recalls to 34 million, making it the largest...

  • Ford to open up patents   Thursday, 28 May 2015 | 4:38 PM ET
    Ford to open up patents

    Ford is joining Tesla in opening up its electric vehicle patents, but unlike Tesla, Ford wants to be paid, reports CNBC's Phil LeBeau.

  • May 28- What happens to an industry which develops a new offering so fantastic that ownership of its product is cut in half? That will lead to a more than doubling in annual mileage per car over the next 25 years but bring vehicles per household down by nearly 50 percent, argues Barclays auto analyst Brian Johnson. To' survive,' General Motors would need to cut North...

  • TOKYO, May 28- Honda Motor Co called back about 690,000 cars in Japan and the United States to replace air bag inflators made by Takata Corp after the Tokyo- based parts supplier last week agreed to comply with U.S. orders to expand some of its previous recalls. Of the recalls announced on Thursday, about 350,000 are of vehicles registered in the United States and...

  • DETROIT, May 28- Fiat Chrysler Automobiles, Honda Motor Co and BMW on Thursday expanded recalls of vehicles with potentially deadly air bags made by Takata Corp, after the Japanese manufacturer last week boosted the number of vehicles affected to 53 million globally. The recalls announced on Thursday are part of that widened Takata recall.

  • New ride for the rich: Super-luxury SUVs Thursday, 28 May 2015 | 1:33 PM ET
    The Lamborghini SpA Urus SUV.

    There's no shortage of luxury vehicle choices, but increasingly the wealthy are opting for high-end SUVs instead of traditional models.

  • DETROIT, May 28- Fiat Chrysler Automobiles on Thursday became the first automaker to expand its U.S. recall of vehicles with faulty Takata Corp air bag inflators since federal safety regulators announced a massive recall campaign last week. Last week, Japanese air bag maker Takata said it would double the recall of potentially deadly air bags to nearly 34...

  • DETROIT, May 28- Fiat Chrysler Automobiles on Thursday became the first automaker to expand its recall of vehicles with faulty Takata Corp air bag inflators since U.S. safety regulators announced a massive recall campaign last week. FCA said it would recall 4,066,732 vehicles from the 2004 to 2011 model years "equipped with a dual-stage driver frontal air bag...

  • J.D. Power buying used auto guides business Thursday, 28 May 2015 | 11:49 AM ET

    NEW YORK— Marketing information company J.D. Power and Associates will buy the National Automobile Dealers Association's used car guide business for an undisclosed amount. J.D. Power is a unit of New York- based McGraw Hill Financial Inc.. "Benchmarks are a key to the McGraw Hill Financial business model and the National Automobile Dealers Association used car...

  • Mobile to be more mobile   Thursday, 28 May 2015 | 11:00 AM ET
    Mobile to be more mobile

    GM will offer Apple and Android connectivity in many 2016 Chevrolet models.

  • Automakers, gov't reveal models in expanded Takata recall Thursday, 28 May 2015 | 10:46 AM ET

    DETROIT— Car owners are beginning to find out if their cars or trucks are included in a big expansion of a recall of air bags made by Takata Corp.. Automakers, as well as Canadian and U.S. safety regulators, are posting documents that spell out the vehicles being recalled to replace air bag inflators that can explode with too much force, spewing shrapnel into the...

  • May 28- Ford Motor Co said it would give other automakers access to its electrified vehicle technologies for a fee to accelerate research and development of such vehicles. Ford's offer comes nearly a year after a move by Tesla Motors Inc, the California electric car maker, to share its patents with other companies, though at no charge. At least four major...

  • May 28- Ford Motor Co said it would give other automakers access to its electrified vehicle technologies for a fee to accelerate research and development of such vehicles. Ford has more than 650 EV patents and about 1,000 pending patent applications on EV technologies, the company said on Thursday. The automaker currently has six hybrid or fully electrified...

  • May 28- Ford Motor Co said it would allow other automakers to access its electrified vehicle technologies to accelerate research and development of these vehicles.

  • UAW rival at VW represented by 'union avoidance' expert Wednesday, 27 May 2015 | 5:10 PM ET

    NASHVILLE, Tenn.— The rival group to the United Auto Workers union at the Volkswagen plant in Tennessee brands itself as local, independent and free of outside influence or political agenda. But the American Council of Employees won't divulge how it is funded, and the lawyer who recently filed the group's overdue disclosures with the U.S. Department of Labor...

  • BEIJING, May 28- Japan's Takata Corp, which for months resisted U.S. regulators' demands to widen a recall over its potentially lethal air bags, has had an "attitude shift" and is in a mood to compromise to try to resolve the ballooning auto safety crisis, said a person close to the company. "'There's no use or gain in fighting the regulators' is how one Takata management...

  • GM to offer Android, Apple systems in many 2016 models Wednesday, 27 May 2015 | 3:04 PM ET

    General Motors made the biggest move so far Wednesday, announcing that both systems will be available in seven 2016 Chevrolet models starting in the summer. Earlier in the week, Hyundai announced the Android system in the Sonata midsize car. People are familiar with smartphones and have music libraries, podcasts, social media contacts and other personal items...

  • Lamborghini signs deal to build new SUV in Italy Wednesday, 27 May 2015 | 1:31 PM ET

    MILAN— Super sports carmaker Lamborghini confirmed Wednesday it will enter the luxury SUV market and signed a deal to produce the new vehicle in Italy after receiving more than 80 million euros in government incentives. Lamborghini CEO Stephan Winkelmann said at the signing ceremony in Rome with Premier Matteo Renzi that the Italian package "was the most...

  • DETROIT— Under pressure from U.S. safety regulators, Ford is recalling nearly 423,000 cars and SUVs in North America because the power-assisted steering can fail while they're being driven. The recall covers certain Ford Flex and Taurus vehicles, as well as the Lincoln MKS and MKT from the 2011 through 2013 model years. In October, the National Highway Traffic...