Manufacturing

Chrysler pressed by NHTSA to move faster on Takata airbag recall

8:50 pm U.S. ET | Nov. 25, 2014
U.S. regulators told Fiat Chrysler Automobiles to speed up its recall of airbags with faulty inflators linked to at least five deaths. NHTSA said in a letter Tuesday to the company that it should begin its recall of cars with Takata airbags Dec. 1, almost three weeks earlier than the company planned.... Read More »

 

Visteon confirms discussions to sell stake in climate control joint venture

8:16 am U.S. ET | Nov. 25, 2014
Visteon Corp. confirmed this morning that it's in discussions with a private equity firm to sell its stake in South Korean joint venture Halla Visteon Climate Control Corp.... Read More »

 

BMW, Audi lead shift from mass-market to luxury car output in Mexico

Nov. 25, 2014 11:40 CET
Mexico's relationship with German car production began nearly 50 years ago with output of VW's mass-market Beetle. Now it's becoming a place where luxury BMW, Audi and Mercedes cars roll out of billion-dollar factories.... Read More »

 

Japanese regulators to oversee Takata recalls, investigate Honda's recall errors in U.S.

6:30 am U.S. ET | Nov. 25, 2014
Japan's transport ministry will form groups to oversee airbag recalls tied to Takata Corp. and probe Honda Motor Co. for underreporting faults in the U.S., adding to regulatory scrutiny of the two companies.... Read More »

 

RICHARD TRUETT

Ford’s payoff from aluminum bet still years away

11:15 am U.S. ET | Nov. 25, 2014
Investors might be a little concerned at how Ford is spending its money. Ford dropped billions of dollars redesigning the aluminum-bodied 2015 F-150. Then it spent at least a billion more perfecting a high-speed aluminum riveting and bonding production system, and retooling its plants.... Read More »

 

Opel unions upset over output plans for Karl, Corsa, report says

Nov. 25, 2014 06:15 CET
Opel faces labor unrest in Germany over production plans for the Corsa and Karl small cars, a business magazine reported. Workers think the Karl should be made in Germany rather than Korea and fear future Corsa output will be cut from Germany.... Read More »

 

Scion nixes convertible, turbocharged FR-S

10:45 am U.S. ET | Nov. 25, 2014
Toyota says there will be no convertible version of the Scion FR-S sports car and -- in a blow to power-seeking enthusiasts everywhere -- no turbocharged engine.... Read More »

 

100,000 Mazda6 sedans recalled for tire-monitoring systems

10:17 am U.S. ET | Nov. 25, 2014
Mazda is recalling about 100,000 of its Mazda6 sedans from the 2014 and 2015 model years because the tire monitoring system may not alert drivers to low tire pressure, U.S. regulators said today.... Read More »

 

Takata to face U.S. House hearing into airbag crisis

6:00 pm U.S. ET | Nov. 24, 2014
Takata and Honda executives will return to Capitol Hill next week to testify about the growing safety crisis surrounding Takata airbag inflators that may explode in a crash. A subcommittee of the House Energy and Commerce Committee scheduled a hearing for Dec. 3 to examine the management and response of the industry and auto safety regulators to the Takata airbag recalls.... Read More »

 

Continental’s electronics, Korea units to plead guilty to price fixing

4:16 pm U.S. ET | Nov. 24, 2014
South Korean suppliers Continental Automotive Electronics and Continental Automotive Korea will plead guilty to rigging the prices of instrument panel clusters and pay a criminal fine of $4 million, the U.S. Department of Justice said.... Read More »

 

Airbag inflator shortage plagues industry

12:01 am U.S. ET | Nov. 24, 2014
Honda and other automakers that have recalled vehicles equipped with Takata airbags are trapped in a nasty dilemma. Even if automakers fend off federal regulators' request for a nationwide recall of driver-side airbags, it could take two years or so for Takata to produce enough replacement airbag inflators.... Read More »

 

Ford F-150 rivals: Let's rumble

12:01 am U.S. ET | Nov. 24, 2014
Ford Motor Co. began shipping finished 2015 F-150 pickups to dealers last week as it announced the new aluminum-body truck will get up to 29 percent better fuel economy than the outgoing steel-body F-150. But the Ford numbers fell short of taking the overall mpg title for full-size pickups. Ford's two biggest rivals said the 2015 F-150's mpg numbers leave plenty of room for competition in the hotly contested full-size pickup segment.... Read More »

 

Korean buyout fund considers buying Halla Visteon Climate Control stake

6:43 am U.S. ET | Nov. 24, 2014
South Korean buyout fund Hahn & Co. is considering purchasing shares in Halla Visteon Climate Control Corp. from Visteon Corp., a person familiar with the matter said.... Read More »

 

GM's savvy new face to suppliers

12:01 am U.S. ET | Nov. 24, 2014
Addressing an industry conference in Traverse City, Mich., this summer, General Motors' global powertrain boss Steve Kiefer asked a room packed with about 500 people how many owned a GM vehicle.... Read More »

 

GM: Strong welds, low costs

As Ford spends big, GM joins aluminum with simple welds

12:01 am U.S. ET | Nov. 24, 2014
General Motors is adding more lightweight aluminum to its vehicles. But unlike Ford Motor Co., GM is not spending hundreds of millions of dollars to retool its assembly plants for the metal.... Read More »

 

Grand Cherokee, Durango plant will be idled for paint shop redo

12:01 am U.S. ET | Nov. 24, 2014
Chrysler Group will stop production of the Jeep Grand Cherokee and Dodge Durango for three weeks starting in December to upgrade the paint shop at the vehicles' assembly plant in Detroit. The revised shop will be able to paint the vehicles with more complex exterior colors.... Read More »

 

ZF expects surging sales of driver-assist systems

12:01 am U.S. ET | Nov. 24, 2014
German supplier ZF Friedrichshafen AG, which agreed to buy TRW Automotive Holdings in September for $13.5 billion, expects the combined company's sales of driver-assist safety systems to grow 15 to 25 percent a year. Those technologies, which will underpin tomorrow's autonomous cars, also will be the "major" part of the combined company's $2.1 billion r&d budget, ZF CEO Stefan Sommer said.... Read More »

 

Frustrated senators blast Takata, signal more safety legislation

12:01 am U.S. ET | Nov. 23, 2014
Senators' frustration with what they see as an inconsistent and disorganized response to the Takata airbag recall crisis boiled over last week, signaling a push for more auto safety regulations.... Read More »

 

VW on track to reach 2018 margin goal, report says

Nov. 23, 2014 20:41 CET
VW Group, which is cutting costs and overhauling its development and production, is on track to reach its goal of a pretax profit of 8 percent of sales by 2018, a German magazine reported.... Read More »

 

Continental mulls German factory closure

Nov. 23, 2014 20:58 CET
Continental is reviewing whether to close its factory in Gifhorn, Germany, which makes electric motors and hydraulic braking systems, because of a lack of customer orders. About 1,600 people work at the plant.... Read More »

 

ZF CEO: We're not chasing 10-speeds

12:01 am U.S. ET | Nov. 23, 2014
ZF Friedrichshafen AG will not follow rivals in pushing for 10-speed transmissions. the German supplier will stop at 9-speed transmissions, says CEO Stefan Sommer.... Read More »

 

PHILIP NUSSEL

Automakers can stop supplier price-fixing now, but will they?

12:01 am U.S. ET | Nov. 22, 2014
Auto supplier price-fixing is a global criminal epidemic that stifles fair competition, inflates the cost of components for automakers, erodes investor confidence and rips off the customer. The auto industry can make it all stop right now, but will they?... Read More »

 

Honda in talks with other suppliers for Takata airbag fix, report says

7:45 am U.S. ET | Nov. 22, 2014
Honda is in talks with two airbag suppliers to help it stock replacement parts for defective Takata Corp. airbags, The Wall Street Journal reported on Friday, citing people aware of the planning.... Read More »

 

Ford stamping plant operations suspended after Buffalo snowstorms

5:00 pm U.S. ET | Nov. 21, 2014
After lake-effect snowstorms this week pounded upstate New York, Ford's Buffalo Stamping Plant has suspended operations until employees are able to travel to work.... Read More »

 

Ford says aluminum-bodied F-150's fuel economy rises up to 29%

12:35 pm U.S. ET | Nov. 21, 2014
Ford said its aluminum-bodied F-150 pickup will get as much as 29 percent better fuel economy than its mostly steel predecessor as the automaker gambles with a new design for its top-selling and most profitable model.... Read More »

 

 
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