FRANKFURT, Nov 22- SGL Group, the materials supplier for carbon fibre reinforced parts in BMW's electric cars, is in talks with several other carmakers to supply carbon fibre for a wider range of automotive components, its chief executive said. He added the mooted new supply contracts were not as big as the BMW venture. Uncertainty remains over the success of BMW "i"...» Read More
FRANKFURT, Germany— General Motors CEO Mary Barra says the automaker will invest more than half a billion euros in its plants in Europe and build a new SUV at the home base for its Opel division there. On a visit to Germany, Barra said the company plans by the end of the decade to build a new SUV model at Ruesselsheim that would serve as the Opel brand's "second flagship"...
WASHINGTON— The global quality chief of Takata Corp. apologized and an official from Honda acknowledged the automaker broke a disclosure law as a Senate committee put the spotlight on a growing problem with exploding air bags. Hiroshi Shimizu, Takata's senior vice president of quality, said the Japanese parts supplier is "deeply sorry and anguished" about...
DAVID FRIEDMAN, NHTSA DEPUTY ADMINISTRATOR, SAYS AGENCY WORKING TO BRING INOUTSIDE EXPERTISE AND SECURE TESTING FACILITIS SO TESTING BEING DONE BY SUPPLIERS AND AUTOMAKERS CAN BE EXPANDED.
DAVID FRIEDMAN, NHTSA DEPUTY ADMINISTRATOR, SAYS AGENCY HAS ALSO PRESSED AUTOMAKERS TO CONDUCT THEIR OWN TESTS OF RETURNED AIR BAGS.
DAVID FRIEDMAN, NHTSA DEPUTY ADMINISTRATOR, SAYS AUTO INDUSTRY MUST BE MORE AGGRESSIVE IN REACHING OUT TO CONSUMERS TO HAVE THEM BRING IN THEIR VEHICLES FOR REPAIR.
DAVID FRIEDMAN, NHTSA DEPUTY ADMINISTRATOR, SAYS THE MULTIPLE ISSUES INVOLVED 10 AUTOMAKERS AND OVER 10 MLN VEHICLS SINCE 2008.
HONDA EXEC TO TELL SENATE PANEL CONSUMER SAFETY COULD BE IMPROVED IF U.S.
TAKATA SENIOR VP SAYS COMPANY BELIEVES IT WILL BE ABLE TO MEET DEMAND CURRENTLY EXPECTED FROM AUTOMAKERS FOR THESE REPLACEMENT INFLATORS.
TAKATA SENIOR VP SAYS COMPANY IS SHARING ST RESULTS WITH NHTSA AND THE AUTOMAKERS AFFECTED.
TAKATA CORP SENIOR VP HIROSHI SHIMIZU IN PREPARED TESTIMY FOR SENATE HEARING SAYS COMPANY HAS DEVOTED EXTRA RESOURCES TO PRODUCING REPLACEMENT KITS ON A SCHEDULE NECESSARY TO FULFILL ALL AUTOMAKERS' ORDERS.
TAKATA CORP SENIOR VP HIROSHI SHIMIZU IN PREPARED TESTIMY FOR SENATE HEARING SAYS COMPANY IS WORKING CLOSELY WITH AUTOMAKERS AND NHTSA TO SUPPORT ONGOING RECALLS AND REGIONAL FIELD ACTIONS.
Sen. John Thune, (R-S.D.), discusses Takata's deadly air bag problem ahead of Thursday morning's Senate hearing and the introduction of Thune's Whistleblower Act.
CNBC's Phil LeBeau has the latest results from a crash test study conducted by the Insurance Institute for Highway Safety.
*Takata, auto execs to testify at U.S. hearings. *BMW backs Takata air bag output shift to Germany. WASHINGTON/ TOKYO, Nov 20- Executives from Japan's Takata Corp and two automakers will face tough questions from U.S. senators on Thursday over the risk of millions of potentially defective air bags that can rupture upon deployment, shooting metal shards into cars.
WASHINGTON, Nov 20- Two U.S. senators plan to introduce legislation on Thursday to encourage employees in the auto industry to report information on faulty parts to federal authorities, a spokeswoman for one of the lawmakers said. The bill, sponsored by Republican John Thune and Democrat Bill Nelson, "is intended to incentivize whistleblowers from the...
Bill Ford, the great-grandson of company founder Henry Ford, said the Dearborn, Michigan automaker will continue to promote green technology. Ford was speaking to a select group of media in the United Arab Emirates on Wednesday, where the company recently established a business unit to serve the Middle East and Africa. On Wednesday the company held the Middle...
Arizona State said it had filed a lawsuit against General Motors claiming the automaker deliberately put the public at risk by intentionally concealing safety defects to avoid the cost of recalls.
The victim died in a Honda car and at the time the probe focused on the carmaker and Takata Corp, its supplier, and the risk that air bags could rupture, shooting shrapnel into the car. It is not clear what, if any, useful details the material offered by Takata in May 2010 contained or of it would have affected subsequent probes. According to an e-mail exchange between...
DETROIT, Nov 20- In a front overlap crash safety tests of four minivans sold in the United States, only the latest model of the Toyota Motor Corp Sienna scored well, the Insurance Institute for Highway Safety said on Thursday. Chrysler Group is a unit of Fiat Chrysler Automobiles. Sienna models prior to the 2015 model year were not tested by the IIHS, and the...
*Takata, auto execs to testify at U.S. hearings Thursday. *BMW to shift Takata air bag output to Germany from Mexico. WASHINGTON/ TOKYO, Nov 20- Takata Corp faces a long battle to gauge the fallout from a fast-moving air bag crisis as recalls mount up, adding to the costs for the loss-making Japanese auto parts maker.