Safety and Regulation

Takata, Autoliv named in Brazil price-fixing probe

8:39 am U.S. ET | July 7, 2015

Brazil's antitrust watchdog has opened an investigation into a suspected cartel involving local units of Japanese auto parts maker Takata and Swedish-American rival Autoliv, citing potential price collusion in safety belts, airbags and steering wheels.... Read More »

Smartphone-like car displays challenge safety policymakers

7:34 am U.S. ET | July 7, 2015

When it comes to dashboard displays that are more like smartphones, two things are clear: Customers want them, and automakers are intent on supplying them. But are they really a good idea?... Read More »

Chassix finds support for Chapter 11 exit plan

3:29 pm U.S. ET | July 6, 2015

Debt-laden auto supplier Chassix Holdings Inc. entered its bankruptcy court confirmation hearing late last week with nearly unanimous creditor support for its Chapter 11 exit plan.... Read More »

GM ignition-switch death toll rises to 121

11:15 am U.S. ET | July 6, 2015

General Motors' faulty ignition switches are now linked to 121 deaths, two more than a week ago, the office of attorney Kenneth Feinberg said.... Read More »

Rosekind expects NHTSA to act fast against FCA

12:01 am U.S. ET | July 6, 2015

Despite overhauling its safety and recall operations since September, Fiat Chrysler is almost certain to face enforcement actions by federal regulators over alleged violations of auto safety laws.... Read More »

Toyota Financial resists CFPB

12:01 am U.S. ET | July 6, 2015

Toyota Financial Services said it has no plans to change its use of dealer reserve, despite scrutiny from the Consumer Financial Protection Bureau.... Read More »

NADA offers compliance help

12:01 am U.S. ET | July 6, 2015

The Federal Trade Commissions's aggressive policing of dealers' advertising practices has won the attention of the National Automobile Dealers Association. In January, NADA published HYPERLINK "https://www.nada.org/CustomTemplates/DetailPressRelease.aspx?id=21474839236"A Dealer Guide to Federal Advertising Requirements, which provides dealers with examples of bad and good ads.... Read More »

18 months later, checks will be coming to Ally customers

12:01 am U.S. ET | July 6, 2015

In a 2014 settlement over alleged discriminatory lending, Ally paid $80 million and listed consumers that might have been affected. Now, about a year and a half later, the CFPB is going to start contacting those consumers to determine who gets the money.... Read More »

Toyota finds airbags are in demand on world's deadliest roads

12:01 am U.S. ET | July 3, 2015

For many years, carmakers have been loath to make airbags standard on models in India, worried that higher costs will hurt sales. But Toyota has found that customers don't mind paying more for safety on the world's deadliest roads.... Read More »

NHTSA sees FCA penalties over recall, safety shortcomings

4:14 am U.S. ET | July 2, 2015

Fiat Chrysler Automobiles is expected to face penalties by NHTSA for violating auto safety laws over its handling of recalls under federal scrutiny. NHTSA officials used a roughly three-hour hearing Thursday to detail and spotlight FCA's safety and recall shortcomings.... Read More »

Ford recalls 432,096 vehicles for faulty body control module

4:00 pm U.S. ET | July 2, 2015

Ford is recalling 432,096 Focuses, C-Maxes and Escapes, including some 2015 models, for faulty body control modules.... Read More »

GM fund leaves out scores hurt or killed in cars with switch flaw

10:53 am U.S. ET | July 1, 2015

GM's compensation fund for faulty ignition switches covers only 2.59 million vehicles with that specific flaw. GM says a similar defect subsequently detected in an additional 10 million vehicles is ineligible for compensation because the company recalled the cars immediately after discovering the flaw. Some victims and their advocates think GM should expand the fund for other victims.... Read More »

Honda, Toyota, Nissan captives face charges of discrimination, report says

12:00 pm U.S. ET | July 1, 2015

The captive finance arms of Honda, Toyota and Nissan may have to limit how much they allow dealers to increase the cost of auto loans after regulators accused the lenders of unintentional discrimination against minority consumers. The CFPB plans to cite American Honda Finance, Toyota Motor Credit and Nissan Motor Acceptance as early as this month for unintentional discrimination, according to consent orders American Banker obtained.... Read More »

Despite convenience, electronic registration is tough sell in many states

11:15 am U.S. ET | July 1, 2015

In 28 states, car buyers can drive off dealers' lots with their license plates in position and registration forms in hand, thanks to electronic registration at dealerships. But even with the benefits, some experts doubt that e-registration will adopt a convenient national standard or even become mandatory in all states because of legal barriers and insufficient sales in various states to justify the expense of establishing it.... Read More »

After 18 months, CFPB readies to reimburse Ally customers

11:30 am U.S. ET | July 1, 2015

In early 2014, Ally Financial, as part of a settlement over alleged discrimination in auto lending, submitted a list of potentially affected customers to the Consumer Financial Protection Bureau -- along with $80 million to be reimbursed to those customers. Now, roughly a year and a half later, the CFPB plans to begin contacting those customers in upcoming weeks to determine who gets the money.... Read More »

GM directors don't have to face ignition-switch claims

6:54 am U.S. ET | June 30, 2015

General Motors directors don't have to face investors' allegations that lax supervision allowed the company to make cars with faulty ignition systems blamed for at least 119 deaths.... Read More »

Dura owner Tilton loses bid to halt SEC proceedings

2:37 pm U.S. ET | June 30, 2015

Lynn Tilton, the owner of auto supplier Dura Automotive and the so-called Diva of Distressed, lost a bid to halt a U.S. Securities and Exchange Commission in-house disciplinary proceeding against her after a federal judge said she was powerless to do so.... Read More »

GM ignition-switch death claims rise to 119

11:32 am U.S. ET | June 29, 2015

General Motors’ defective ignition switches are now linked to 119 deaths, two more than a week ago, the office of attorney Kenneth Feinberg said.... Read More »

FCA recalls small number of SUVs over suspension complaint

6:28 am U.S. ET | June 29, 2015

Fiat Chrysler Automobiles is recalling a small number of new SUVs that may have been equipped with improperly heat-treated suspension components.... Read More »

Message to NHTSA: Reform first, funding later

12:01 am U.S. ET | June 29, 2015

In previous congressional hearings on auto safety, the National Highway Traffic Safety Administration's shortcomings in major defect cases were largely cast as the result of corporate deception and a lack of agency resources. But a yearlong audit released last week by the U.S. Transportation Department's inspector general zeroed in on NHTSA's own failures, and made clear that its problems go much deeper than funding.... Read More »

EDITORIAL

Fixing NHTSA's flaws is not NHTSA's job alone

12:01 am U.S. ET | June 29, 2015

The National Highway Traffic Safety Administration has systemic flaws that undermine its ability to police auto safety. Improving NHTSA will take work, but the basics are simple.... Read More »

Honda restates earnings after airbag recall costs increase

6:29 am U.S. ET | June 26, 2015

Honda restated its financial results for the fiscal year ended in March, to account for additional costs to cover an expanded recall of cars equipped with Takata airbags.... Read More »

Ford F-150 pickups draw NHTSA scrutiny

1:31 pm U.S. ET | June 26, 2015

Some Ford F-150 pickups from the 2011-12 model years are being investigated by the National Highway Traffic Safety Administration for a possible defect that could cause loss of power-brake assist.... Read More »

Takata cuts CEO's pay in wake of airbag crisis

6:57 am U.S. ET | June 26, 2015

Takata CEO Shigehisa Takada earned less than 100 million yen ($810,373) in the business year ended in March, or less than half of the 206 million yen ($1.67 million) he took home in the previous year, a regulatory filing showed today.... Read More »

European automakers call for CO2 emissions delay

June 26, 2015 06:15 CET

The automakers' lobby group, ACEA, has asked the European Commission, the EU's executive arm, to postpone a 2025 CO2 emissions target that is currently being worked on by officials, saying the industry needs until 2030 – or about two full model cycles – to meet a new target.... Read More »

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