Manufacturing

NHTSA back in cross hairs as airbag crisis escalates

12:01 am U.S. ET | Oct. 26, 2014
For the second time this year, a long-standing defect linked to deaths and injuries has triggered a mushrooming auto-safety crisis, lending more fuel to criticism that federal regulators haven't done enough to protect consumers from such dangers. Perhaps more unnerving to those consumers, the problem doesn't yet appear to be contained.... Read More »

 

Cadillac full speed ahead in China

12:01 am U.S. ET | Oct. 25, 2014
Despite slowing sales growth in China, General Motors is doubling down on the country with a bold expansion plan that could make it Cadillac's biggest market within six years. The investment blitz channels $14 billion into China, the world's biggest car market, from 2014 through 2018 to open five new factories.... Read More »

 

Ford snubs bid to divert Mexico investment to Canada, union says

1:38 pm U.S. ET | Oct. 24, 2014
Ford has rejected a proposal to invest in engine plants in Windsor, Ontario, and decided to put the money in Mexico as the automaker originally planned, the head of Canada's autoworkers' union said.... Read More »

 

NHTSA to brief House committee on Takata airbag recalls

1:37 pm U.S. ET | Oct. 24, 2014
The National Highway Traffic Safety Administration will brief members of the House Energy and Commerce Committee next week on the agency's investigation and recalls of Takata airbags.... Read More »

 

Takata's airbag crisis may spur automaker shift to Autoliv, Daicel

Oct. 24, 2014 11:49 CET
The defect in Takata Corp. airbags that has led to millions of recalls and has been linked to four deaths in Honda cars opens the supplier to risk of losing business to rivals including Autoliv and Daicel.... Read More »

 

NHTSA in line for cultural overhaul after airbag meltdown

2:04 pm U.S. ET | Oct. 24, 2014
The agency that botched a campaign to publicize a potentially lethal Takata airbag defect affecting 7.8 million U.S. cars is reviewing its safety culture, according to a senior Obama administration official.... Read More »

 

HANS GREIMEL

Japanese automakers drive UK car industry's rebound

12:01 am U.S. ET | Oct. 24, 2014
The UK's car industry is staging a big comeback. And it's mostly due to some not-so English names: Nissan, Toyota and Honda.... Read More »

 

Lear says Q3 profit rises 24% as global production grows

7:46 am U.S. ET | Oct. 24, 2014
Lear, which supplies auto seats and electrical power systems, today reported a 24 percent rise in quarterly profit, helped by a rise in global vehicle production.... Read More »

 

UK car production set for record in 2014 despite September dip

Oct. 24, 2014 10:47 CET
UK car production is still on track to reach its highest level in six years despite lower output in September. New Jaguar, Mini and Honda models will help boost production.... Read More »

 

GM to auction equipment from Opel's Bochum factory

Oct. 24, 2014 06:01 CET
GM's Opel unit will auction tooling from its factory in Bochum, Germany. The plant's 50 presses will be sold along with 80 percent of the robots in the body shop.... Read More »

 

Wrangler will remain body-on-frame, sources say

3:04 pm U.S. ET | Oct. 23, 2014
The next-generation Jeep Wrangler will continue to be a body-on-frame vehicle and won't switch to unibody construction, Automotive News has learned. As a result, the popular off-roader will likely remain built in Toledo, Ohio, where city and union officials have been fighting for weeks to keep the Wrangler in its historical home.... Read More »

 

Audi will recall 850,000 A4s globally over airbag problems

Oct. 23, 2014 15:42 CET
Audi will recall 850,000 A4s worldwide due to an airbag problem that could prevent front airbags from deploying. Audi said its faulty airbags are not made by Takata, which is at the center of a growing number of recalls.... Read More »

 

Autoliv lowers sales outlook but says Takata woes are helping its business

Oct. 23, 2014 16:55 CET
Autoliv posted a surprise fall in third quarter earnings and lowered its outlook for 2014 sales growth while saying it has seen positive effects on its business in the wake of recent issues with Japanese parts maker Takata's air bags.... Read More »

 

Dana Q3 net income leaps to $90 million

3:52 pm U.S. ET | Oct. 23, 2014
Powertrain component supplier Dana reported net income of $90 million for the third quarter, a 32 percent improvement from the $68 million in the same period a year earlier.... Read More »

 

Mazda may appeal $10 million accident verdict in Ala.

12:47 pm U.S. ET | Oct. 23, 2014
Mazda said it is considering an appeal of an Alabama jury order to pay $9.9 million to the victims of a 2010 crash that resulted in a fuel-fed fire, injuring the driver and killing the only passenger.... Read More »

 

Toyota claims 'healthy' supply of replacement airbags

12:26 pm U.S. ET | Oct. 23, 2014
Toyota has a “healthy” supply of replacement parts that should allow dealers to move forward with repairs required by the widening recall of airbags made by supplier Takata, said Bob Carter, senior vice president of the automaker’s U.S. sales unit.... Read More »

 

Land Rover production will continue to boom in UK despite new China plant

Oct. 23, 2014 09:39 CET
Range Rover Evoque production in China will not reduce output at the UK factory where the SUV is also built. The Evoque is the first model produced in Jaguar Land Rover's new factory in Changshu, northwest of Shanghai.... Read More »

 

Federal-Mogul posts Q3 loss on restructuring costs; revenue up 11%

8:38 am U.S. ET | Oct. 22, 2014
Federal-Mogul reported a third-quarter net loss Wednesday because of restructuring and relocation costs.... Read More »

 

Delphi explores sale of thermal unit for as much as $1 billion, report says

1:25 pm U.S. ET | Oct. 22, 2014
Delphi Automotive, the former parts unit of General Motors, is exploring a sale of a business that makes heating and cooling systems for cars, and will seek as much as $1 billion for the unit, people with knowledge of the matter told Bloomberg.... Read More »

 

NHTSA apologizes as scrutiny in airbag case grows

10:22 pm U.S. ET | Oct. 22, 2014
The National Highway Traffic Safety Administration’s top official, facing heightened scrutiny over the agency’s handling of a deadly airbag defect, apologized late Wednesday for publishing inaccurate information this week in the agency’s warnings about the defect and for technical glitches that made its online recall search tool largely inaccessible.... Read More »

 

U.S. prosecutors probe Takata over recalls

6:00 pm U.S. ET | Oct. 22, 2014
The recall of some 7.8 million vehicles with faulty Takata airbags that may explode attracted additional federal scrutiny Wednesday, with prosecutors launching a probe into the Japanese supplier and a U.S. House oversight committee calling for a review of the recalls.... Read More »

 

Toyota says potential Mexico plant still far from approval

4:05 pm U.S. ET | Oct. 22, 2014
Toyota, the last major carmaker without a high-volume assembly plant in Mexico, said the group assessing whether to build a factory there is far from getting clearance from top management.... Read More »

 

List of 7.8 million vehicles involved in the Takata airbag recalls

6:50 am U.S. ET | Oct. 22, 2014
Owners of the following vehicles are being urged to act immediately on recalls involving potentially defective airbags made by Takata, according to a corrected list distributed late Tuesday by the National Highway Traffic Safety Administration.... Read More »

 

Gentex reports 30% surge in Q3 net income

1:46 pm U.S. ET | Oct. 22, 2014
Gentex, which makes a variety of automotive mirrors, cameras and electronic components, said today that its third quarter net income surged 30 percent from a year earlier, with total revenue jumping 22 percent.... Read More »

 

Valeo's third-quarter sales rise 10% on fuel-saving technologies

Oct. 22, 2014 15:00 CET
French supplier Valeo said third-quarter sales rose 10 percent to 3.06 billion euros ($3.9 billion), boosted by demand for its fuel-saving technologies.... Read More »

 

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