Manufacturing

NHTSA steps up inquiry into defective Takata airbags

7:39 pm U.S. ET | Oct. 29, 2014
More than 18 months after Honda and other automakers announced recalls to fix exploding airbags, U.S. regulators are now asking the companies to speed up repairs.In letters today to 10 automakers, the National Highway Traffic Safety Administration asked for details about how the companies are reaching nearly 8 million affected consumers and what is being done for people who are afraid to drive their cars.... Read More »

 

Captives see big rise in leases

7:10 am U.S. ET | Oct. 29, 2014
Leases accounted for almost half of GM Financial originations in the United States and Canada in the quarter. That's a big increase for the GM captive finance company and part of an industry trend that carried leasing to new highs. Last week, Ford Motor Credit Co. also reported an increase in leasing during third quarter.... Read More »

 

Q&A

BorgWarner's Verrier expects supplier to thrive despite increased competition

11:18 am U.S. ET | Oct. 28, 2014
James Verrier, BorgWarner Inc. CEO since January 2013, is working to double the size of the giant supplier from $7.5 billion in revenue to $15 billion by 2022.... Read More »

 

GM says new Chevy Volt will be quicker and quieter

12:01 am U.S. ET | Oct. 28, 2014
The next-generation Chevrolet Volt plug-in hybrid will be quicker off the line, quieter and go farther in electric mode than its predecessor, General Motors engineers said today.... Read More »

 

TRW's revenue slips 1%, net income falls 4% in Q3

11:02 am U.S. ET | Oct. 28, 2014
Automotive safety technology supplier TRW Automotive Holdings, preparing for its $13.5 billion acquisition by ZF Friedrichshafen, today said its third-quarter revenue dropped 1 percent to $4.16 billion from a year earlier, while net income fell 4 percent.... Read More »

 

Honda says quarterly North American operating profit drops 14%

10:01 am U.S. ET | Oct. 28, 2014
Falling sales and hefty incentives undercut North American profit at Honda in the latest quarter, as the automaker trimmed its full-year sales and profit outlooks.... Read More »

 

Takata knew of airbag defects as early as 2001, lawsuits allege

9:51 am U.S. ET | Oct. 28, 2014
Takata knew at least as early as 2001 of manufacturing defects that could lead its airbags to explode, U.S. drivers claimed in lawsuits.... Read More »

 

CAR CUTAWAY

BorgWarner helps boost power in BMW 2 series

12:01 am U.S. ET | Oct. 28, 2014
BorgWarner-sourced turbochargers for the new BMW 2 series help boost power by as much as 13 hp to 184 hp in gasoline-powered variants of the 220i compared with the previous generation of the car.... Read More »

 

RICHARD TRUETT

Why the stick shift's days may be numbered

9:00 am U.S. ET | Oct. 28, 2014
Two cars I have test driven recently finally convinced me the good old-fashioned manual transmission will soon be dead.... Read More »

 

More airbag recalls could test automakers' Takata ties

8:29 pm U.S. ET | Oct. 27, 2014
Japan's Takata, whose potentially defective car airbags have been linked to four deaths in the United States, is unlikely to be dumped by its automaker customers given the cost and disruption of such a move -- for now.... Read More »

 

Auto industry uses 3-D printing heavily in product development

12:01 am U.S. ET | Oct. 27, 2014
Companies as old as Ford and as new as Local Motors have embraced 3-D printing, a technology that promises faster development, lower costs and a reduction in mechanical failures.... Read More »

 

Thumbs-up for 3-D at BMW plant

12:01 am U.S. ET | Oct. 27, 2014
BMW AG has found a unique way that 3-D printing could help some assembly workers at a plant in Germany do their jobs.... Read More »

 

Next-generation Wrangler will get an aluminum body

12:01 am U.S. ET | Oct. 27, 2014
It’s looking more and more like the next-generation Jeep Wrangler will have an aluminum body, keep its body-on-frame construction and remain built in Toledo, Ohio. That means Chrysler will likely produce more Wranglers for U.S. dealers and for export.... Read More »

 

Continental eyes acquisition to reduce dependence on auto unit, report says

Oct. 27, 2014 15:37 CET
Continental is said to be looking for an acquisition in the industrial sector as it seeks to boost its proportion of industrial sales to 40 percent from close to 30 percent now to reduce its dependence on volatile car markets.... Read More »

 

'No other supplier other than Takata has used this ammonium nitrate'

7:30 am U.S. ET | Oct. 27, 2014
The emerging crisis over airbags traces back to a little-known Japanese company that for over 20 years has supplied the safety devices to automakers including Toyota, Honda and GM.... Read More »

 

Takata to form quality control committeee; CEO apologizes for airbag crisis

6:30 am U.S. ET | Oct. 27, 2014
Takata said it will form a global quality control committee in response to an auto-safety crisis created by flaws in its airbags. The company's CEO also issued an apology.... Read More »

 

Toyota drops resistance to 3-shift plants

12:01 am U.S. ET | Oct. 27, 2014
Toyota Motor Corp. is rethinking its longtime resistance to three-shift factories as it seeks to build more vehicles amid a self-imposed freeze on building more plants.... Read More »

 

Takata warnings intensify

12:01 am U.S. ET | Oct. 27, 2014
Takata has wrestled with airbag defects for several years, but the issue drew increased attention in the spring and gained urgency last week, after tests showed a higher risk of failure than previously believed.... Read More »

 

SHAREHOLDER VALUE REPORT

A sobering quarter for auto shareholders

12:01 am U.S. ET | Oct. 27, 2014
It was a tough third quarter for auto industry investors as falling international and softening U.S. financial markets depressed shareholder value for companies that build, supply or retail vehicles. Values fell for all three categories of public companies in the Automotive News/PwC Shareholder Value Index during the July-September period.... Read More »

 

Viper plant to reopen next month

12:01 am U.S. ET | Oct. 27, 2014
Chrysler Group will restart the idled Conner Avenue plant in Detroit in mid-November to build the Dodge Viper. The car's September sales jumped after a $15,000 price cut. The Viper plant in Detroit has worked just 10 days since April 14 and has been idled since July 3.... Read More »

 

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 »

 

UK car production set for record in 2014

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 »

 

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 »

 

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Track, tech events draw crowds to Hoffman stores

Track, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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