Safety and Regulation

Honda quarterly profit rises 20% as U.S. sales, weak yen offset quality costs

4:49 am U.S. ET | July 31, 2015

Honda's quarterly profit jumped 20 percent as strong sales in the U.S. and a weak yen helped to absorb the impact of higher quality-related costs linked to a recall of cars equipped with Takata airbags.... Read More »

TrueCar hit with another dealer lawsuit

3:01 pm U.S. ET | July 31, 2015

A group of 100 auto dealerships that are part of TrueCar's network are suing the online car-buying service for not disclosing to consumers the nature of the fees that dealers pay the company for each sale.... Read More »

Car hacking risk may be broader than Fiat Chrysler, Rosekind says

1:11 pm U.S. ET | July 31, 2015

The cybersecurity issues that led Fiat Chrysler Automobiles to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said today.... Read More »

Hacked Jeep Cherokee exposes weak underbelly of high-tech cars

6:49 am U.S. ET | July 31, 2015

The Jeep Cherokee brought to a halt by hackers last week exposed wireless networks as the weakest link in high-tech vehicles, underscoring the need to find fast over-the-air fixes to block malicious intrusions.... Read More »

FCA battles in court with Australia ex-CEO

9:56 am U.S. ET | July 31, 2015

FCA traded charges in court with its former Australia CEO, who denied breaching his legal duties and said he acted on instructions from above after a lawsuit by the carmaker accused him of excessive spending and illegally enriching himself through commercial deals.... Read More »

Senate passes bill raising automaker fines to $105M

4:29 pm U.S. ET | July 30, 2015

The U.S. Senate passed legislation that will triple the maximum fines automakers pay for violations of motor-vehicle safety laws yet bypassed other measures sought by consumer groups.... Read More »

Ford F-150 aluminum repairs cost more than steel, IIHS says

12:01 am U.S. ET | July 30, 2015

Tests by the Insurance Institute for Highway Safety found that repairing body damage on the aluminum-bodied 2015 Ford F-150 took longer and cost 26 percent more than on the 2014 F-150 made of steel.... Read More »

GM recalls 82,620 Cadillac ATS sedans over sunroof issue

4:49 pm U.S. ET | July 30, 2015

General Motors is recalling 82,620 Cadillac ATS sedans and issuing a stop sale on the vehicle for issues with the power sunroof. GM already had recalled 67,000 ATS sedans in February for the same issue.... Read More »

Chassix gets new board, $300M in financing

3:14 pm U.S. ET | July 30, 2015

Chassix Holdings, following its successful emergence from Chapter 11 bankruptcy proceedings, has secured $300 million of exit financing and named a new board of directors.... Read More »

New test shows disparities in Ford F-150 crash protection

6:00 pm U.S. ET | July 29, 2015

After a follow-up test, the Insurance Institute for Highway Safety said Ford "shortchanges" some buyers of its redesigned 2015 F-150 pickups by equipping certain models with protective steel bars while leaving them off others. In response, Ford said it will add "countermeasures" to improve crash-test performance.... Read More »

U.S. House committee approves limit on CFPB's oversight of auto lending

5:15 pm U.S. ET | July 29, 2015

The U.S. House Financial Services Committee approved a bill Wednesday that would significantly limit the Consumer Financial Protection Bureau's guidance over auto lending.... Read More »

GM ignition-switch spin battle reignites with plaintiffs' lawyer

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

General Motors may face a renewed media campaign over what a key opponent called its “false narrative” about recalls of cars with defective ignition switches. GM lost a bid to stop lawyers from circulating information about the recalls, obtained ahead of a January trial.... Read More »

VW rolls out crash avoidance with '16 lineup

6:00 pm U.S. ET | July 29, 2015

Volkswagen, catching up to its luxury siblings, will offer sensor-based safety features across nearly its entire U.S. lineup for model year 2016.... Read More »

Fiat Chrysler sued in Canada following recent recalls

6:45 pm U.S. ET | July 29, 2015

A Canadian law firm said it filed a lawsuit against Fiat Chrysler Automobiles on Wednesday seeking $4 billion in damages, in connection with the massive recall announced by the automaker earlier in July.... Read More »

Mini issues recall for side impact protection

11:45 am U.S. ET | July 29, 2015

Mini is recalling 30,456 Cooper and Cooper S cars in the U.S. to address poor side impact protection.... Read More »

Public retailers boost F&I profits in Q2

12:30 pm U.S. ET | July 29, 2015

F&I profits increased at all six of the largest public new-car retailers in the second quarter. The nation's largest retailer, AutoNation, led the way with F&I revenue per new vehicle retailed of $1,528 on a same-store basis.... Read More »

Jeep fuel-tank fire death verdict slashed to $40 million

4:46 pm U.S. ET | July 28, 2015

A judge in Georgia has reduced a $150 million award to $40 million for the family of a young boy killed when the 1999 Jeep Grand Cherokee in which he was riding was rear-ended and burst into flames, according to orders released on Tuesday.... Read More »

GM plans $5B vehicle family for emerging markets

12:01 am U.S. ET | July 28, 2015

GM plans to spend $5 billion over the next several years to develop a new range of technology-rich small cars, based on a common architecture, that will be built and sold under the Chevrolet name in China, Brazil, India, Mexico and other emerging markets.... Read More »

Jeep hacking sends warning to BMW, Audi and Mercedes

4:55 am U.S. ET | July 28, 2015

When friendly hackers landed a Jeep Cherokee in a ditch last week, it sent a warning to BMW, Audi and Mercedes as the luxury automakers compete increasingly on technology rather than just horsepower.... Read More »

Fiat Chrysler under tighter scrutiny after record NHTSA penalty

4:10 pm U.S. ET | July 27, 2015

Fiat Chrysler Automobiles agreed to pay a $70 million fine, accept three years of close oversight by an independent monitor and buy back thousands of pickup trucks as part of a far-reaching consent agreement to settle a U.S. government probe into 23 safety recalls since 2009.... Read More »

Hack attack vs. FCA shows flaws with rush to connectivity

12:01 am U.S. ET | July 27, 2015

By the time it was publicized last week that hackers managed to take over a Jeep Cherokee, Fiat Chrysler had posted an urgent security patch on its website and was scrambling to further lock down the system. But the industry's response is only now ramping up, as automakers come to terms with the implications of building devices that increasingly function as networked computers on wheels.... Read More »

FCA pact gives broad powers to NHTSA monitor

12:40 pm U.S. ET | July 27, 2015

The National Highway Traffic Safety Administration's consent agreement with Fiat Chrysler Automobiles grants sweeping powers to an independent monitor tasked with overseeing the company's safety operations, deepening the federal government's role in direct oversight over individual automakers.... Read More »

Ford wins court appeal over apartheid claims

2:05 pm U.S. ET | July 27, 2015

Victims of apartheid in South Africa cannot pursue lawsuits seeking to hold Ford liable for conducting business that helped perpetuate the practice decades ago, a federal appeals court ruled today.... Read More »

GM fund approves 3 more serious-injury claims

10:43 am U.S. ET | July 27, 2015

Three more serious injuries have been linked to General Motors defective ignition switches, the office of attorney Kenneth Feinberg said.... Read More »

Fiat Chrysler hit with record $105 million U.S. penalty over recalls

4:30 am U.S. ET | July 26, 2015

Fiat Chrysler agreed to pay a $70 million fine, accept three years of additional oversight by an independent monitor and buy back thousands of vehicles as part of a sweeping consent agreement to settle a U.S. government probe into 23 recalls since 2009. The overall potential civil penalty of $105 million marks the largest imposed by NHTSA.... Read More »

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