Safety and Regulation

Honda hiring supplier auditor as Takata airbag crisis grows

6:36 am U.S. ET | Dec. 11, 2014
Honda, the automaker at the center of a global auto-safety crisis, is seeking to hire a senior quality engineer who would lead audits of suppliers’ quality assurance.... Read More »

 

Honda issues stop-sale on some Acura TLX sedans that could roll away

6:57 am U.S. ET | Dec. 10, 2014
Honda Motor told dealers in the United States to stop selling some of its Acura TLX sedans because the parking lock may fail to engage, the latest quality shortcoming at the automaker after President Takanobu Ito took a pay cut.... Read More »

 

Takata patent history shows decades spent seeking safer airbags

6:35 am U.S. ET | Dec. 10, 2014
Airbag patents show researchers probed ways to make the devices more durable and the explosive propellant inside them more stable for decades before Takata products designed to save lives started killing people.... Read More »

 

JIM HENRY

Who distorted what? Wording of CFPB statement will get its own investigation

11:30 am U.S. ET | Dec. 10, 2014
The ombudsman’s office for the Consumer Financial Protection Bureau said it would conduct an independent review into complaints that the CFPB’s press releases don’t match the consent orders they describe -- something auto finance insiders have complained about bitterly but privately, for fear of provoking the bureau.
... Read More »

 

Lenders dispute CFPB's proposed threshold for oversight

11:00 am U.S. ET | Dec. 10, 2014
The Consumer Financial Protection Bureau, in its effort to extend its jurisdiction over “nonbank” auto lenders such as captive and independent finance companies, is reaching for lenders that are too small, the American Financial Services Association said.... Read More »

 

Honda planning worldwide recall for Takata airbags, Ito says

5:53 am U.S. ET | Dec. 9, 2014
Honda President Takanobu Ito said his company is planning to launch a worldwide investigative airbag recall, just days after extending a similar callback in the United States. Ito also expressed frustration with the response of Japanese airbag supplier Takata, but said Honda will offer support if Takata tips into financial difficulties.... Read More »

 

Mazda recall of Takata airbags to be expanded nationwide

7:41 am U.S. ET | Dec. 9, 2014
Mazda will soon expand a recall of vehicles in the U.S. involving potentially defective airbags from Takata, the automaker said today.... Read More »

 

Nissan settles class-action suit claiming faulty brakes

12:38 pm U.S. ET | Dec. 9, 2014
Nissan North America has agreed to reimburse customers between $20 and $800 each to resolve a lawsuit alleging that defects in certain vehicles caused brakes to fail suddenly, according to court papers.... Read More »

 

Nissan recalls about 470,000 SUVs, cars for possible fuel leaks

9:51 am U.S. ET | Dec. 9, 2014
Nissan said today it is recalling about 470,000 SUVs and cars globally for possible fuel leaks. Nissan is recalling the vehicles from model years 2012 through 2015 because fuel pressure sensors may not have been sufficiently tightened during production.... Read More »

 

Nissan recalls 470,000 SUVs, cars globally to fix potential fuel leaks

9:40 am U.S. ET | Dec. 9, 2014
Nissan Motor is recalling about 470,000 SUVs and cars globally, including 143,000 in North America, for possible fuel leaks.... Read More »

 

Jaguar recalls 7,079 F-Type sports cars in U.S. for airbag wiring

9:21 am U.S. ET | Dec. 9, 2014
Jaguar Land Rover is recalling 7,079 Jaguar F-Type sports cars in the U.S. because potential incorrect wiring could lead to the front-passenger airbag not activating, according to documents filed with U.S. safety regulators.... Read More »

 

Hyundai recalls 42,925 Genesis, Equus sedans in U.S. for brake lights

9:14 am U.S. ET | Dec. 9, 2014
Hyundai is recalling 42,925 sedans in the U.S. due to potentially faulty brake lights, according to documents filed with U.S. safety regulators.... Read More »

 

U.S. judge stalls Takata class action as jurisdiction gets decided

6:43 am U.S. ET | Dec. 9, 2014
Consumers can't immediately pursue a lawsuit against Takata and multiple carmakers claiming loss of vehicle value tied to airbag recalls while awaiting a decision that would combine more than 50 cases before one judge.... Read More »

 

Takata brass waits in the bunker as airbag crisis grows

12:01 am U.S. ET | Dec. 8, 2014
Takata promoted Swiss-born Stefan Stocker to president last year to inject global thinking and openness into the insular, family-dominated Japanese supplier. But the company has been anything but transparent in its response to the worldwide uproar over exploding airbag inflators.... Read More »

 

Lender group says CFPB rule would burden smaller players

8:38 pm U.S. ET | Dec. 8, 2014
In seeking to extend its jurisdiction over “nonbank” auto lenders -- including captive finance companies and independent finance companies -- the Consumer Financial Protection Bureau is reaching for lenders that are too small, the American Financial Services Association said Monday.... Read More »

 

THE GM RECALL

Two more deaths eligible for GM compensation

1:26 pm U.S. ET | Dec. 8, 2014
Claims deemed eligible for compensation from a faulty ignition switch in General Motors vehicles rose slightly in the last week, including two additional deaths attributed to the defective switch, according to an official report today.... Read More »

 

Honda captive may face loan-bias penalty

12:01 am U.S. ET | Dec. 8, 2014
American Honda Finance Corp. disclosed that the Consumer Financial Protection Bureau and U.S. Department of Justice have concluded the company was responsible for illegal discrimination in pricing auto loans and could be disciplined unless it reaches a settlement with the federal agencies.... Read More »

 

Group pushes states on F&I product rules

12:01 am U.S. ET | Dec. 8, 2014
Worry that federal regulators' crackdown on dealer markup might spill over into F&I products is revving an industry trade group's efforts to get state-by-state legal definitions for those products, and rules for how they're sold, on the books.... Read More »

 

KEITH CRAIN

Takata just doesn't get it

12:01 am U.S. ET | Dec. 8, 2014
Takata has become the poster child for how to mishandle recalls and customers. Company executives seem to be stonewalling their automaker customers, then stonewalling federal regulators and, finally, stonewalling Congress.... Read More »

 

EDITORIAL

Time to turn off threat and disable recalled airbags

12:01 am U.S. ET | Dec. 8, 2014
Dealerships should prepare to turn off potentially explosive airbags. And the government should support that.... Read More »

 

Trust in Takata to solve crisis is dissolving

12:01 am U.S. ET | Dec. 7, 2014
Takata, the world's second-largest supplier of airbag inflators and a company once considered too big to fail, is rapidly losing control of the recall crisis.... Read More »

 

NHTSA criticizes Chrysler for limited expansion of recalls

5:13 pm U.S. ET | Dec. 5, 2014
Chrysler Group's decision to limit an expansion of an earlier recall of vehicles with possibly defective passenger-side airbag inflators made by Takata has put drivers at risk, the National Highway Traffic Safety Administration's top official said Friday.... Read More »

 

Autoliv 'ramping up for millions' in replacement airbag inflators, exec says

4:42 pm U.S. ET | Dec. 5, 2014
A senior Autoliv executive said the Swedish airbag supplier is preparing to expand annual inflator production capacity by millions of units to meet demand for replacements. “We are stepping up,” said Steve Fredin, group vice president of engineering and sales. “We are ramping up for millions” of additional units.... Read More »

 

GM replacing keys on 2014-15 trucks to prevent ignition shutoff

1:07 pm U.S. ET | Dec. 5, 2014
GM is replacing ignition keys on its newest trucks because of a design problem that can cause the shift lever to bump the key and shut off the engine. GM said its investigators determined that the issue was not a safety defect because it occurs only when the driver has a foot on the brake and is shifting gears. Rather than a safety recall, GM issued a technical service bulletin to dealers on Nov. 6, instructing them to replace keys for customers who complain of a problem.... Read More »

 

Honda says 3 million more cars need airbag fix in U.S. recall

6:46 am U.S. ET | Dec. 5, 2014
Honda, the biggest customer of airbag maker Takata, said about 3 million more of its vehicles will need to be fixed in the United States after it widened a repair campaign to the entire country.... Read More »

 

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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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