Chrysler reported its third straight month of double-digit gains in the U.S. market, selling 19 percent more vehicles in September than a year ago.» Read More
US stocks slip following drops in Europe and Asia; DreamWorks Animation soars on deal talk US consumer spending climbed healthy 0.5 percent in August, while income up 0.3 percent Fewer signed contracts point to weak home sales over next few months Using another bank's ATM keeps costing you more, an average of $4.35 for each transaction Toyota recalls 690,000 Tacoma pickups; rear leaf springs can fracture and puncture gas tank US safety agency looking into low-speed unintended acceleration in older Toyota Corollas Attorneys says death toll from GM ignition switches now at 23 Ford shares fall as company says it no longer expects Europe profit in 2015 Tobacco companies challenge court-ordered ads that say companies lied about dangers of smoking SEC says Bank of America will pay $7.65 M to end inquiry into errors in report to Fed
CLEVELAND— The U.S. Justice Department says a Japanese auto parts manufacturer has agreed to pay a $26 million fine and plead guilty to fixing prices and rigging bids for various parts sold to automakers in the U.S.
DETROIT, Sept 29- U.S. safety regulators said Monday they are evaluating a petition to investigate about 1.7 million Toyota Corolla compacts for alleged engine surging and brake failure. The request was submitted by an unnamed consumer to the National Highway Traffic Safety Administration in a letter dated September 11, the agency said.
Ford Motor Co. rose$. 06 or. 3 percent, to $16.39. General Motors Co. fell$. 19 or. 6 percent, to $32.98. Honda Motor Co. fell$. 28 or. 8 percent, to $34.14.
Toyoda Gosei, which acknowledged conspiring to fix prices of air bags, steering wheels and automotive hoses, is the 29th auto parts maker to plead guilty to price-fixing since the Justice Department began its long-running investigation.
DETROIT— Toyota says it is recalling 690,000 Tacoma pickup trucks because the rear leaf springs could break, puncture the gas tank and cause a fire. The recall covers Tacoma Four-by-Four and Pre-Runner pickups from the 2005 through 2011 model years. The automaker says the leaf springs can fracture due to stress and corrosion.
Sept 29- Toyota Motor Sales U.S.A. Inc, a unit of Toyota Motor Corp, said it would recall about 690,00 Tacoma 4 X4 and Tacoma pre-runner pickup trucks to fix issues with the vehicles' rear suspension system. "The involved vehicles' rear suspension system contains leaf springs that are constructed of either three or four leaves.
Ford Motor Co. fell$. 12 or. 7 percent, to $16.21. General Motors Co. fell$. 28 or. 8 percent, to $32.89. Honda Motor Co. fell$. 23 or. 7 percent, to $34.19.
In the petition released Monday, electronics engineer Bob Ruginis of Bristol, Rhode Island, said a 2010 Corolla driven by his wife, Kathy, surged at low speeds several times, and a dealer couldn't find the cause.
What's in the package might be the same, but for a variety of reasons, sometimes companies need to call products by another name outside their home country.
Ford Motor Co. rose$. 13 or. 8 percent, to $16.33. General Motors Co. rose$. 30 or. 9 percent, to $33.17. Honda Motor Co. rose$. 06 or. 2 percent, to $34.42.
DETROIT/ TOKYO, Sept 26- The safety recall in parts of the United States of millions of vehicles with potentially defective air bags made by Japan's Takata Corp may expand to include General Motors Co, according to documents filed this week with U.S. regulators.
Ford Motor Co. rose$. 10 or. 6 percent, to $16.30. General Motors Co. rose$. 11 or. 3 percent, to $32.98. Honda Motor Co. fell$. 09 or. 3 percent, to $34.27.
Ford Motor Co. rose$. 02 or. 1 percent, to $16.22. General Motors Co. rose$. 23 or. 7 percent, to $33.10. Honda Motor Co. fell$. 06 or. 2 percent, to $34.30.
*Fanuc soars to life-time high on strong outlook. TOKYO, Sept 26- Japanese stocks dropped to a one-week low on Friday morning as steep falls on Wall Street depressed risk-appetite, though Fanuc Corp soared to a life-time high after it raised its full-year earnings forecast.
Ford Motor Co. fell$. 21 or 1.3 percent, to $16.20. General Motors Co. fell$. 78 or 2.3 percent, to $32.87. Honda Motor Co. fell$. 40 or 1.2 percent, to $34.36.
DETROIT, Sept 25- Strong demand drove U.S. new car and truck sales 10 percent higher in September, adding momentum to the industry's best August in more than a decade, consultants LMC Automotive and J.D. Power said on Thursday. Sales rose to 1.248 million new vehicles, or a seasonally adjusted annualized rate of 16.5 million vehicles.
Ford Motor Co. fell$. 19 or 1.1 percent, to $16.23. General Motors Co. fell$. 60 or 1.8 percent, to $33.05. Honda Motor Co. fell$. 42 or 1.2 percent, to $34.34.
Ford Motor Co. fell$. 12 or. 7 percent, to $16.29. General Motors Co. fell$. 39 or 1.2 percent, to $33.26. Honda Motor Co. fell$. 18 or. 5 percent, to $34.58.
*Profit-taking from steep rises may hit- analysts.