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  • *Senate backs import duties for currency manipulators. Just two days after Democrats defied Obama to block debate on a bill to "fast-track" trade deals such as the Trans-Pacific Partnership trade deal through Congress, the Senate voted 65 to 33 to move ahead with consideration of the measure. Strong support for the bill on this second go-round suggests senators...

  • CARACAS/ NEW YORK, May 14- A growing number of U.S. companies say they can't cope with Venezuela's sinking bolivar currency, prompting some of them to remove their operations in the South American nation from their consolidated financial reports. The restructuring moves can shield the financial results of parent companies such as batteries and razors maker...

  • TOKYO, May 14- Honda Motor Co on Thursday recalled close to 5 million vehicles fitted with potentially faulty Takata Corp air bag inflators, as investigations showed the problem behind one of the biggest auto safety crises may be more widespread than thought. Honda said it decided to recall the cars after finding some Takata bag inflators were not sealed...

  • TOKYO— A massive new recall from Honda of vehicles with Takata air bags Thursday has brought the total recalls for the potentially deadly devices to more than 33 million. Honda Motor Co. recalled an additional 4.89 million vehicles around the world for a new type of problem in Takata Corp. air bag inflators, a day after Japanese rivals Toyota and Nissan...

  • TOKYO, May 14- Honda Motor Co and Daihatsu Motor Co said on Thursday they would recall more than 5 million cars to replace potentially fatal air bag inflators made by Japan's Takata Corp, already at the centre of one of the biggest automotive recalls to date. Honda has so far borne the brunt of the recalls linked to the Takata air bag inflators, which can erupt with too...

  • CARACAS/ NEW YORK, May 14- A growing number of U.S. companies say they can't cope with Venezuela's sinking bolivar currency, prompting some of them to remove their operations in the South American nation from their consolidated financial reports. The restructuring moves can shield the financial results of parent companies such as batteries and razors maker...

  • *Toyota chief says his company can learn a lot from Mazda. *Toyota, Mazda chiefs say tie-up not aimed at scale. While Toyota and Mazda said they hoped to collaborate across a broad range of fields including environmental and advanced safety technologies, they stressed that their link-up was also aimed at learning from each other to make more appealing cars.

  • NEW YORK, May 12- In a long-running battle between oil refiners and the U.S. farm lobby over the future of ethanol fuel, biofuel producers may have just made a small, but important dent in big oil's formidable defenses. Over the past few months, privately held retailers Kum& Go and Sheetz have become the first significant chains to announce plans to start selling E15, a...

  • Most midsize SUVs fail tough US crash test Tuesday, 12 May 2015 | 1:04 AM ET

    Of the seven models tested, Nissan Motor Co Ltd's Murano and Fiat Chrysler Automobiles NV's four-door Jeep Wrangler were the only vehicles to earn a "good" rating, according to the Insurance Institute for Highway Safety. Ford Motor Co's Flex was rated "acceptable", while the rest received "marginal" or "poor" ratings, according to the IIHS, a U.S. nonprofit funded by auto...

  • These midsized SUVs struggled in latest crash tests Tuesday, 12 May 2015 | 12:17 AM ET
    Jeep Cherokee Sports are displayed at the Hollywood Chrysler Jeep dealership on December 3, 2013 in Hollywood, Florida.

    New crash tests show bigger is not always better when it comes to the safety of midsize SUVs.

  • Rental car firms stall with investors Monday, 11 May 2015 | 3:14 PM ET
    A customer waits for his car at the garage of Avis Budget Group at the San Francisco airport.

    After a year when the overwhelming majority of travel-related stocks flew higher, one set of travel stocks is lagging.

  • Ford unveils 2 new Mustang packages Monday, 11 May 2015 | 11:41 AM ET
    2016 Ford Mustang GT with Black Accent Package

    In a move to keep its most iconic car fresh, Ford is introducing two new packages for its Mustang today, USAT reports.

  • Oculus, the VR business bought for $2 billion by Facebook Inc last year, said this week it would start shipping a consumer version of its Rift headset in early 2016, raising hopes that investment in VR software will finally take off. "I have been waiting for virtual reality since I was a little boy 30 years ago," said Ben Schachter, an analyst at Macquarie Securities in...

  • *China's losses are Mexico's gains. DETROIT, May 8- Nike Inc's announcement that it could create up to 10,000 manufacturing jobs in the United States will spark further debate on whether the country is starting to see an industrial renaissance after many years of job losses. The athletic shoemaker Nike on Friday joined Wal-Mart Stores Inc, Apple Inc, General...

  • Oculus, the VR business bought for $2 billion by Facebook Inc last year, said this week it would start shipping a consumer version of its Rift headset in early 2016, raising hopes that investment in VR software will finally take off. "I have been waiting for virtual reality since I was a little boy 30 years ago," said Ben Schachter, an analyst at Macquarie Securities in...

  • CARACAS, May 8- The Venezuela division of Ford Motor Co will begin selling vehicles only in dollars in the coming months, two sources familiar with the situation said on Friday, as currency controls leave the automaker unable to recover revenue from local sales. A lack of parts for assembly in April led Ford de Venezuela to halt operations as it was unable to obtain...

  • Young, affluent drivers buy these cars Wednesday, 6 May 2015 | 12:26 PM ET
    A Ford Focus electric concept car with a home charging unit on display at the 2013 North American International Auto Show in Detroit, Michigan, January 15, 2013.

    Electric vehicle buyers are younger and more affluent than drivers who purchase comparable gas-powered models.

  • Michigan voters reject $1.9 bln road repair measure Wednesday, 6 May 2015 | 2:26 AM ET

    DETROIT May 6- Michigan voters Tuesday rejected a ballot proposal to hike the state sales tax to pay for fixing the state's crumbling roads and bridges. The final vote reported by the Michigan Secretary of State's office was 80 percent opposed, and 20 percent in favor. The plague of potholes in the state that's home to auto giants General Motors Co and Ford Motor Co...

  • Average new car prices up about 3%—here's why Monday, 4 May 2015 | 2:43 PM ET
    2015 Chevrolet Suburban Texas Edition

    The average price of a new car or truck sold in the U.S. in April was 2.6% higher than in the month a year ago, USA Today reports.

  • America's new favorite: Small SUVs and crossovers Monday, 4 May 2015 | 4:00 AM ET
    A Ford Escape is seen on a dealerships lot on September 26, 2014 in Miami, Florida.

    Small SUVs and compact crossover utility vehicles are now the most popular new vehicles in the U.S. according to analysis by TrueCar.