Manufacturing
 

GM to invest $439 million in paint shop expansion at Corvette plant

6:34 am U.S. ET | May 21, 2015 | UPDATED: 5/21/15 11:00 am ET - new story
General Motors plans to invest $439 million in its Chevrolet Corvette plant in Kentucky as part of the automaker's plan to spend $5.4 billion on U.S. factory upgrades.

More replacement airbag production planned, Takata says

1:25 pm U.S. ET | May 20, 2015 | UPDATED: 5/20/15 3:16 pm ET - adds comments
Takata said it plans to boost production of parts needed to replace potentially deadly airbag inflators that could spray vehicle occupants with metal shards.
THE AIRBAG RECALL CRISIS

NHTSA prepares to coordinate, accelerate Takata recall

11:54 am U.S. ET | May 21, 2015
Federal auto safety regulators are invoking a power never used before in order to accelerate the Takata airbag inflator recalls after the embattled...

U.S. indicts 2 execs from NGK for price-fixing

1:39 pm U.S. ET | May 21, 2015
One current and one former executive with Japanese supplier NGK Spark Plug were indicted today on a charge of conspiring to fix prices of spark...

NEWS ANALYSIS

Can Takata survive historic U.S. airbag recall?

6:53 am U.S. ET | May 21, 2015
Automakers have largely stood behind airbag component maker Takata, taking the hit to their own reputations from a series of recalls related to the...

Consumers overwhelm NHTSA website

7:29 am U.S. ET | May 21, 2015
Hundreds of thousands of car owners who were urged to check a government website and see if their airbags are safe have overwhelmed the site and U.S.

U.S. Attorney's office in Detroit added to Takata criminal case

10:50 am U.S. ET | May 21, 2015
US prosecutors in Detroit have joined the federal probe into Takata's defective airbag inflators that are linked to at least six deaths globally.

THE AIRBAG RECALL CRISIS

Takata says 265 airbag inflators ruptured during testing

1:49 pm U.S. ET | May 20, 2015
Embattled airbag supplier Takata told U.S. regulators that 265 of its airbag inflators ruptured in the company's testing since September.

Autoliv ready to pump up capacity to meet Takata replacement inflator demand

6:30 am U.S. ET | May 20, 2015
Swedish auto safety gear maker Autoliv said today that it is ready to boost production capacity to meet increased demand as Japanese competitor...

Takata recall poses dilemma for U.S. backing untested fix

6:48 am U.S. ET | May 20, 2015
Takata's latest recall leaves U.S.

Takata changed design of its airbags in 2008, report says

6:32 am U.S. ET | May 20, 2015
Troubled airbag supplier Takata began changing the safety devices in 2008 to reduce the risk that humidity would cause them to deploy abnormally,...

Timeline of Takata airbag recalls

7:05 am U.S. ET | May 20, 2015
Following are some key events in the cumulative global recall by more than 10 automakers since 2008 of more than 31 million cars fitted with...

Some Jeep Renegades being held for software issues

10:18 pm U.S. ET | May 19, 2015
Fiat Chrysler CEO Sergio Marchionne said some new Jeep Renegade subcompact crossovers are being withheld from dealers because of software problems.

Takata acknowledges defect in airbags

2:15 pm U.S. ET | May 19, 2015
After months of pressure from U.S. regulators, Takata Corp.

Hyundai group considers 3rd India factory

7:03 am U.S. ET | May 19, 2015
Hyundai Motor Group said today it is looking at building a third factory in India, highlighting its growing appetite for expanding globally after an...

THE GOOD GLUT

Production capacity balloons, but today's industry can support it

12:01 am U.S. ET | May 18, 2015
Despite a building boom in North America, with seven new plants coming on line in the next half decade, experts say the risk of a capacity glut is...

Lynn Tilton, Patriarch Partners named in investor fraud suit

6:22 pm U.S. ET | May 18, 2015
Lynn Tilton, the CEO of Dura Automotive and the so-called Diva of Distressed who's already defending SEC claims of overcharging customers by almost...

In the eyes of suppliers, Toyota and Honda surge

12:01 am U.S. ET | May 18, 2015
As far as North American suppliers are concerned, Toyota and Honda are the gold standard, while Ford, Nissan, Fiat Chrysler and General Motors are...

Fight for Nokia map unit may set industry's course

12:01 am U.S. ET | May 18, 2015
The quest for control of the mapping company Nokia Here is shaping up as a fight between competing visions for the future of the automobile, as well...

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Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
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