Now that the National Highway Traffic Safety Administration has uncovered a counterfeit airbag ring that distributed potentially dangerous parts, some in the dealer community are worried that consumers will have to pay the replacement costs.
Toyota announced the biggest single automotive recall since 1996 to fix malfunctioning power window switches, saying it will pull back 7.43 million vehicles worldwide, including 1.39 million in Europe. No injuries or accidents were reported from the faulty parts.
Conservative paint colors were the most popular globally during the 2012 model year, with white again taking the top spot in PPG Industries' annual color survey. Natural colors such as brown, orange and gold rose slightly in popularity.
It may take just 40 minutes to replace the gizmo responsible for Toyota's latest embarrassment, but with 7.4 million cars to fix, that's 565 years of mechanic time. Actually it is neither the first nor the most serious of Toyota's recent difficulties.
American Honda said it will cancel the Acura ZDX five-door crossover after the 2013 model year. Production of the ZDX, which shares its platform with the Acura MDX crossover, will cease in early 2013 when the automaker transfers MDX production from Alliston, Ontario, to Lincoln, Ala.
Imagine your favorite Hollywood actor sitting across from you as you pitch the benefits of an extended-service contract. Or picture batting around the benefits of paint and fabric protection to the prince of darkness, Ozzy Osbourne.
If the California Supreme Court lets a ruling on arbitration stand against an auto dealership in Santa Clarita, dealerships and lenders in the state could be more vulnerable to litigation, including class-action lawsuits, the American Financial Services Association says.
The two brothers who founded U.S. Fidelis Inc. received prison terms and were ordered to pay more than $4 million apiece in restitution stemming from their defunct company's aggressive marketing of bogus extended-service contracts directly to consumers.
Sales of cars and light commercial vehicles in Russia grew 10 percent year-on-year in September to 259,582 units, but the market is showing signs of a slowdown, the Association of European Businesses said in a statement.
Mercedes-Benz is falling further behind in the global luxury-sales contest with rivals BMW and Audi. A disjointed strategy in China, sluggish expansion of entry-level models and an aging S-class sedan, have all helped push the once-dominant upscale nameplate firmly into third place.
University of California, San Diego researchers say they have developed a way to better estimate what goes on inside lithium ion batteries -- a breakthrough that could lead to lower battery costs and faster charging times for electric vehicles.
"You're driving a spaceship." That's what Megan Jacoby tells customers when she pitches an extended-service contract to them. And when Jacoby, the finance director at Bob Smith BMW in Calabasas, Calif.