Safety and Regulation

Ferrari fined $3.5 million by U.S. regulators for not filing reports

11:00 am U.S. ET | Oct. 31, 2014
Fiat Chrysler Automobiles' Ferrari brand has been fined more than $3.5 million for not filing "early warning reports" indicating safety issues with federal safety regulators.... Read More »

 

SEC investigates Ally on subprime loans, securitization

2:08 pm U.S. ET | Oct. 31, 2014
Ally Financial disclosed today that it is being investigated by the Securities and Exchange with regard to “subprime automotive finance and related securitization activities.”... Read More »

 

Most interested in self-driving cars, but safety is a concern, survey says

1:53 pm U.S. ET | Oct. 31, 2014
When fully autonomous cars become ready to sell, consumers around the globe -- particularly in Asia -- may be ready to buy, but many of them still have concerns, according to a new survey by the University of Michigan.... Read More »

 

Aston Martin wins temporary exemption to new U.S. safety rules

10:27 am U.S. ET | Oct. 31, 2014
British luxury sports car maker Aston Martin has been granted a temporary exemption to new safety rules in the United States that would have stopped it selling hundreds of cars in one of its key markets, federal regulators said today.... Read More »

 

Takata airbag recalls should include newer cars, watchdog says

8:32 am U.S. ET | Oct. 31, 2014
A watchdog group has asked federal regulators to broaden a defect investigation of Takata airbags to include more vehicles and to see whether replacements used in recalled vehicles are safe.... Read More »

 

Honda, Takata sued in California for airbag-related recalls

8:06 am U.S. ET | Oct. 31, 2014
Honda and airbag supplier Takata were sued by a driver seeking damages on behalf of the owners of 5 million Honda and Acura models recalled so far in the United States to replace potentially unsafe airbags.... Read More »

 

Audi recall no threat to Continental's financial guidance, CEO says

7:33 am U.S. ET | Oct. 31, 2014
Supplier Continental AG said a fault with airbags installed at Audi could cost a double-digit million euro amount to fix, a sum which the German automotive supplier could absorb without revising its earnings guidance.... Read More »

 

Takata taps rivals to help build replacement inflators

6:06 pm U.S. ET | Oct. 30, 2014
Takata, under pressure from federal regulators, has asked rival suppliers if they can help produce replacement inflators for the company's airbag customers.... Read More »

 

NHTSA orders Takata to produce documents related to airbag probe

1:47 pm U.S. ET | Oct. 30, 2014
Federal safety regulators today ordered Japanese supplier Takata to provide documents and answer questions under oath related to the government's ongoing probe of potentially defective Takata airbags in millions of vehicles.... Read More »

 

GM lawsuit poses danger to future bailouts, Treasury says

4:19 pm U.S. ET | Oct. 30, 2014
The Treasury Department says confidential information it received during the GM bailout should stay secret, otherwise at-risk companies needing government help in the future might not be willing to share data.... Read More »

 

Airbag investigators focus on metal shards sprayed at crashes

6:56 am U.S. ET | Oct. 30, 2014
More details are emerging about accidents involving Takata airbags -- and the horrific injuries and subsequent lawsuits that resulted from them. Takata, which accounts for about a quarter of all airbag inflators produced globally, is finding it far more difficult to silence safety questions.... Read More »

 

Lawyers urge U.S. judge to move quickly in Takata airbags case

1:19 pm U.S. ET | Oct. 30, 2014
Lawyers for consumers in the United States asked a federal judge in Miami today to speed up a class action lawsuit against Japanese auto parts maker Takata and four automakers, saying that public safety was at stake over defective airbags.... Read More »

 

Chrysler recalls 33,443 light trucks in U.S. for tire pressure issues

9:30 am U.S. ET | Oct. 30, 2014
Chrysler Group said that it was recalling 33,443 light trucks in two separate campaigns to prevent false warnings from the tire pressure monitor systems.... Read More »

 

NHTSA steps up inquiry into defective Takata airbags

7:39 pm U.S. ET | Oct. 29, 2014
More than 18 months after Honda and other automakers announced recalls to fix exploding airbags, U.S. regulators are now asking the companies to speed up repairs.In letters today to 10 automakers, the National Highway Traffic Safety Administration asked for details about how the companies are reaching nearly 8 million affected consumers and what is being done for people who are afraid to drive their cars.... Read More »

 

Lawmakers ask GAO to review NHTSA actions

4:47 pm U.S. ET | Oct. 29, 2014
Bipartisan leaders of a key House committee have asked Congress' independent watchdog arm for a review of the National Highway Traffic Safety Administration amid escalating concern over the agency's handling of the General Motors ignition switch and Takata airbag recalls.... Read More »

 

Ford recalls 204,448 Ford and Lincoln crossovers for fire hazard

10:34 am U.S. ET | Oct. 29, 2014
Ford said it will conduct a regional recall of 204,448 Ford Edge and Lincoln MKX crossover vehicles to correct an issue that could cause a fire. The 2007-2008 models have fuel tank reinforcement brackets that could become corroded, which in turn could result in a fuel leak and a possible fire, Ford said today.... Read More »

 

VW recalls Audi A4s in China over airbag issue

Oct. 29, 2014 10:33 CET
VW Group's joint venture with FAW Group will recall 270,635 Audi A4s in China due to an airbag software issue, the country's quality watchdog said on Wednesday. The recall involves 4,692 imported A4 allroad variants and 265,943 China-made A4Ls.... Read More »

 

2 Chrysler recalls involve more than 566,000 vehicles

8:04 am U.S. ET | Oct. 29, 2014
Chrysler Group is recalling an estimated 381,876 Ram trucks equipped with 6.7-liter Cummins diesel engines globally to upgrade wiring harness terminals and replace their fuel-heater housings, if needed. Separately, it is recalling an estimated 184,186 2014 Dodge Durango and Jeep Grand Cherokees to update the vehicles' electronic stability control software.... Read More »

 

Tesla car owners get exemption from $12,000 Shanghai plates

6:40 am U.S. ET | Oct. 29, 2014
Tesla car owners in Shanghai can register their electric vehicles for free after the city exempted them from paying $12,000 for a license plate.... Read More »

 

AutoNation halts sales of used cars under Takata recalls

12:51 pm U.S. ET | Oct. 28, 2014
AutoNation has stopped selling used vehicles that are subject to the Takata airbag recalls and warnings. The action affects fewer than 400 cars, AutoNation said today.... Read More »

 

Obama administration eyes leadership change at NHTSA, report says

11:35 am U.S. ET | Oct. 28, 2014
The acting chief of the NHTSA, the top federal automotive safety regulator, is unlikely to be nominated for the job and an active search is under way to fill the position, a source familiar with the matter told Reuters on Monday.... Read More »

 

Takata knew of airbag defects as early as 2001, lawsuits allege

9:51 am U.S. ET | Oct. 28, 2014
Takata knew at least as early as 2001 of manufacturing defects that could lead its airbags to explode, U.S. drivers claimed in lawsuits.... Read More »

 

U.S. safety regulators probe Chrysler process on Ram pickup recalls

1:55 pm U.S. ET | Oct. 27, 2014
Federal safety regulators have opened an investigation of Chrysler Group's handling of two recalls for potential steering issues affecting nearly 1 million Dodge Ram pickup trucks in the United States.... Read More »

 

THE GM RECALL

Deaths linked to GM's ignition switch rise to 30

12:08 pm U.S. ET | Oct. 27, 2014
A program to compensate victims of mishaps caused by a faulty ignition switch in General Motors' vehicles has approved one new death claim, bringing the total number of deaths linked to the switch so far to 30, according to a report released today.... Read More »

 

More airbag recalls could test automakers' Takata ties

8:29 pm U.S. ET | Oct. 27, 2014
Japan's Takata, whose potentially defective car airbags have been linked to four deaths in the United States, is unlikely to be dumped by its automaker customers given the cost and disruption of such a move -- for now.... Read More »

 

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Racing, tech events draw crowds to Hoffman stores

Racing, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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