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Automobiles and Components

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  • BMW recalling 91,800 Mini Coopers to fix air bag problem Saturday, 18 Apr 2015 | 11:52 AM ET

    BMW is recalling 91,800 Mini Coopers to fix a defect that may prevent the air bag on the front passenger side of the cars from deploying in a crash. The problem affects the 2005 to 2008 models of the Mini Cooper and Cooper S. BMW says the air bag may not work properly because of a flam that might prevent the vehicles' mat detection system from sensing a passenger...

  • The best play to take stock of self-driving cars Saturday, 18 Apr 2015 | 11:00 AM ET
    Delphi self-driving car

    Morgan Stanley analyst says Mobileye is a pure play to invest in self-driving cars.

  • SHANGHAI/ DETROIT April 18- Ford Motor Co's global premiere of its redesigned Taurus sedan in China underscores a shift in its U.S. home market from the big sedan to roomier, utilitarian crossover SUVs. There's a similar trend in China, the world's biggest car market, but there is still a decent appetite among Chinese buyers for large sedans while, in the United...

  • MEXICO CITY, April 17- Ford Motor Co said on Friday it will spend $2.5 billion to build a new generation of fuel-efficient engines and transmissions in Mexico, creating 3,800 jobs. The United Auto Workers union, in response, said putting jobs in Mexico rather than the United States will be a major issue at its upcoming U.S. labor talks with Ford, General Motors Co and...

  • BERLIN/ HAMBURG, April 17- Volkswagen CEO Martin Winterkorn has survived a challenge from powerful chairman Ferdinand Piech, but their row remains a distraction for the carmaker as it struggles to boost profits and revamp its ailing U.S. business. The committee issued a statement on Friday giving Winterkorn its "full support" and announcing that it would...

  • DETROIT, April 17- Volvo Cars is weighing a site in South Carolina against another southern state as it prepares to invest $500 million in its first U.S. plant, people with knowledge of the matter said on Friday. "Soter is the spirit of safety in Greek mythology and Volvo's cars have a long-standing reputation for safety. The Georgia Department of Economic...

  • Bentley's pricey upkeep   Friday, 17 Apr 2015 | 10:00 AM ET
    Bentley's pricey upkeep

    CNBC's Kate Rogers reports on why Bentley's are not the most realiable cars in Britain.

  • BEIJING, April 17- Alibaba Group Holding Ltd deepened its push into the automotive business on Friday, saying it had struck a partnership with Shanghai General Motors to offer online sales and financing for GM cars. Currently, Shanghai GM's Buick, Cadillac and Chevrolet brands are available for sale on Alibaba's TMall.com website, and the two companies said...

  • BERLIN, April 17- Martin Winterkorn will stay on as chief executive of Volkswagen, the German carmaker said on Friday, in an unprecedented defeat for its powerful chairman. Ferdinand Piech, the patriarch of Volkswagen's founding family, had provoked a showdown with Winterkorn by planting a comment in weekly magazine Der Spiegel last week that he had "distanced...

  • BERLIN— Volkswagen CEO Martin Winterkorn will remain in his job and can look forward to having his contract extended, the leadership of the board said Friday, after a comment by chairman Ferdinand Piech raised widespread doubts about his future. A turbulent week for Europe's biggest automaker started when Piech, who has long been the company's key powerbroker,...

  • The revived momentum for Chinese automakers adds to pressure on General Motors Co., Volkswagen AG and other global brands that see China's crowded market as their future at a time when sales growth is slow in the United States and stalled in Europe. Producers including Nissan Motor Co., VW and Mercedes Benz see the market as so important they increasingly are...

  • BEIJING, April 17- Two years ago, just one Chinese SUV ranked among the country's top-10. Despite preferential government policies, local carmakers have failed to really compete with foreign automakers like Volkswagen AG and General Motors in sedan sales. Chongqing Changan Automobile and Great Wall Motor will launch fresh versions of their top-selling SUVs...

  • TOKYO, April 17- Nissan Motor Co said on Friday it would expand an investigative recall in certain U.S. regions to replace air bags made by Takata Corp, adding about 45,000 Sentras from the 2004-2006 model years that weren't included previously. Bloomberg reported earlier the expansion followed a March 21 accident in which a woman was injured from shrapnel in...

  • China auto brands enjoying rebound driven by new models Thursday, 16 Apr 2015 | 9:36 PM ET

    The revived momentum for Chinese automakers adds to pressure on General Motors Co., Volkswagen AG and other global brands that see China's crowded market as their future at a time when sales growth is slow in the United States and stalled in Europe. Producers including Nissan Motor Co., VW and Mercedes Benz see the market as so important they increasingly are...

  • *Alliance with Nissan at stake, Renault warns. In a board statement, the carmaker said the Renault-Nissan alliance's "survival and success" required the restoration of the previous balance between France and Nissan- which holds a non-voting 15 percent stake in Renault. Measures to rebalance the alliance in Nissan's favor have been considered in the past-...

  • BEIJING, April 17- Chinese automaker Geely is set to start producing a small crossover utility vehicle late next year- the first car to be built using a common platform jointly developed with Volvo. Geely's cooperation with Volvo, a storied brand best known for its focus on safety, is seen as a possible model for Chinese companies trying to digest and manage...

  • Nissan expands air bag recall after Louisiana injury Thursday, 16 Apr 2015 | 4:43 PM ET

    DETROIT— Nissan is adding 45,000 small cars to a previous recall after a Louisiana woman was injured by flying shrapnel from an exploding air bag. Nissan spokesman Steve Yaeger said the cars were added when Nissan found out about Wilson's injury while analyzing field data. In November, Nissan recalled more than 52,000 vehicles to fix potentially faulty...

  • April 16- Canadian auto-parts maker Magna International Inc said on Thursday it will sell most of its vehicle-interiors operations to Spain's Grupo Antolin for about $525 million. The deal covers 36 manufacturing plants and about 12,000 employees in Europe, North America and Asia, the company said. "Overall, we regard the deal as positive as it takes out of a...

  • Bentley, Porsche cars least reliable: UK survey Thursday, 16 Apr 2015 | 12:35 PM ET

    Bentley Motors Limited has been named as the least reliable used car manufacturer of 2015 in the UK, followed by Porsche, according to a new survey.

  • AMSTERDAM, April 16- Chief Executive Sergio Marchionne wants Fiat Chrysler Automobiles to play a key role in a consolidation of the global auto industry which he sees as inevitable to manage prohibitive capital costs. Speaking on Thursday to shareholders in Amsterdam, away from Fiat's historic roots in Turin and Chrysler's in Detroit, Marchionne said: "We...