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Automobiles and Components

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  • Takata's airbag recall will be biggest in US history

    Karl Brauer, senior director, Insights at Kelley Blue Book, discusses news that air bag manufacturer Takata is doubling the number of vehicles that need to be recalled in the U.S.

  • Tracking down Takata car owners   Tuesday, 19 May 2015 | 4:38 PM ET
    Tracking down Takata car owners

    CNBC's Phil LeBeau, and Jack Nerard, Kelley Blue Book, discuss Takata's huge recall of more than 33 million vehicles with defective airbags, and how car owners can find out if their car is involved.

  • WASHINGTON/ DETROIT, May 19- Japanese air bag manufacturer Takata Corp is doubling a recall of air bags to nearly 34 million vehicles, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. The recall, which still does not identify the cause of the problem, involves passenger and driver-side air bags in vehicles made by...

  • WASHINGTON/ DETROIT, May 19- Japanese air bag manufacturer Takata Corp has agreed to declare nearly 34 million vehicles defective due to problems with air bag inflators, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. Transportation Secretary Anthony Foxx said NHTSA also issued a consent order to Takata,...

  • WASHINGTON, May 19- Japanese air bag manufacturer Takata Corp has agreed to declare nearly 34 million vehicles defective due to problems with air bag inflators, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. Transportation Secretary Anthony Foxx said NHTSA also issued a consent order to Takata, requiring...

  • Largest auto recall in US history   Tuesday, 19 May 2015 | 2:11 PM ET
    Largest auto recall in US history

    CNBC's Phil LeBeau reports on Takata declaring 33.8 million vehicles defective.

  • WASHINGTON, May 19- Japanese air bag manufacturer Takata Corp is expected to declare about 33.8 million vehicles defective on Tuesday, a move that is expected to lead to the largest auto recall in U.S. history, the Detroit News reported, citing three officials briefed on the announcement. Takata had no immediate comment on the report. The number of vehicles with...

  • Takata air bag recall doubles to nearly 34 million Tuesday, 19 May 2015 | 1:54 PM ET

    WASHINGTON— Under pressure from U.S. safety regulators, Takata Corp. has agreed to declare 33.8 million air bags defective, a move that will double the number of cars and trucks included in what is now the largest auto recall in U.S. history. "We know that owners are worried about their safety and the safety of their families," said Mark Rosekind, head of the National...

  • Takata to declare 33M+ vehicle recall: RPT   Tuesday, 19 May 2015 | 1:15 PM ET
    Takata to declare 33M+ vehicle recall: RPT

    CNBC's Phil LeBeau reports on the Takata recall related to defective air bags.

  • DETROIT, May 19- Aston Martin will decide whether add production at another plant by the end of the year and it would likely be in the United States, the British luxury sports car maker's chief executive told Automotive News. CEO Andy Palmer told the industry publication on Tuesday that the U.S. state of Alabama is the "obvious choice" for a new plant to build the...

  • "Automakers have to be aware that India works at different levels and segments, and they have to keep up," R.C. Bhargava, chairman of Maruti Suzuki said by telephone. With that awareness comes investment in new, or upgraded production lines to produce the compact vehicles that will account for one in every four vehicles sold in India in 2019, up from a 17 percent share...

  • Do not disturb! A new way to stop distracted driving Tuesday, 19 May 2015 | 6:01 AM ET
    Texting and driving

    A new product hopes to give parents a tool to stop distracted teens from texting or calling while driving.

  • *Hyundai already has two plants in India, Kia has none. *Hyundai Motor is second-biggest automaker in India. After meeting Indian Prime Minister Narendra Modi in Seoul, the group's chairman, Chung Mong- koo, told reporters that a new plant in India was under review, according to a Hyundai spokesman.

  • BEIJING, May 19- International automakers are slashing prices for vehicles they sell in China in response to a slowdown in demand that threatens the industry's rich profit margins. General Motors Co and Ford Motor Co cut prices on Chinese models late last week, following moves by Volkswagen AG last month to increase discounts on several popular vehicles.

  • Hyundai's union boss walks negotiating tightrope Monday, 18 May 2015 | 8:15 PM ET

    Hyundai's union boss faces dissent from within the country's most strike-prone union even as the company is trying to ditch its wage structure.

  • May 18- The Obama administration on Monday escalated a running regulatory battle with Fiat Chrysler Automobiles NV, saying it could impose "multiple penalties" on the automaker and order a public hearing to examine FCA's handling of 20 recalls affecting more than 10 million vehicles. The National Highway Traffic Safety Administration said Fiat Chrysler...

  • As part of a broader effort to get automakers to speed up the repair of recalled cars and trucks, the National Highway Traffic Safety Administration said FCA could face up to $700 million in fines and be required to buy back or replace vehicles if regulators find evidence that it failed in its legal recall obligations. The proceedings would be the broadest...

  • NEW YORK, May 18- AT&T Inc is gearing up to bring connected car users exclusive content such as videos and games that can be streamed onto personal mobile devices later this year, AT&T's senior vice president of emerging devices Chris Penrose said. AT&T has signed up eight automaker partners, including General Motors Co, Audi AG and Ford Motor Co, to hook up cars with...

  • Cell phone-related car crashes rise   Monday, 18 May 2015 | 1:07 PM ET
    Cell phone-related car crashes rise

    Deborah Hersman, National Safety Council CEO, provides insight to a new report showing cell phones are involved in an estimated 27 percent of all car crashes.

  • DETROIT— The U.S. government's highway safety agency says it will hold a rare public hearing in July to determine if Fiat Chrysler failed to notify customers and fix safety problems in 20 recalls covering more than 10 million vehicles. The agency could order Fiat Chrysler, formally known as FCA US LLC, to buy back or replace vehicles if it finds the company failed...