Safety and Regulation

JIM HENRY

Did dealers hurt themselves with the carve out?

12:01 am U.S. ET | Aug. 20, 2014
There’s no mistaking that federal regulators are serious about policing auto lenders. By extension, auto dealers feel they’ve got a big target on their backs, too.... Read More »

 

CFPB fines subprime lender First Investors for sending credit bureaus inaccurate info

12:30 pm U.S. ET | Aug. 20, 2014
The Consumer Financial Protection Bureau fined subprime auto lender First Investors Financial Services Group nearly $3 million for knowingly providing inaccurate information to credit reporting agencies for at least three years.... Read More »

 

EU regulators seek to close car emissions testing loopholes

Aug. 20, 2014 13:30 CET
EU regulators are pushing for legislation that will require vehicles to be tested on roads rather than in laboratories in a bid to close loopholes that allow carmakers to exaggerate fuel-saving and emissions credentials.... Read More »

 

NHTSA launches VIN tool to search for recalls

12:01 am U.S. ET | Aug. 20, 2014
Car buyers and owners can use a vehicle's identification number to identify open or unrepaired safety recalls with a new search tool released by NHTSA starting today. Consumers enter a VIN to find out whether the vehicle has any open, unrepaired recalls and whether the automaker has a fix available.... Read More »

 

2 Japanese suppliers fined in China's antitrust crackdown

6:23 am U.S. ET | Aug. 19, 2014
China's antitrust regulator fined Japanese bearing makers NSK Ltd. and NTN Corp. a combined 4.8 billion yen ($47 million) for violating rules in a probe into industry pricing practices.... Read More »

 

THE GM RECALL

GM expands website for owners of recalled vehicles

12:18 pm U.S. ET | Aug. 19, 2014
General Motors' website for owners of its vehicles recalled for faulty ignition switches has been expanded to include all 20 models involved, the automaker said.... Read More »

 

U.S. details plans for car-to-car safety communications

3:08 pm U.S. ET | Aug. 18, 2014
After more than a decade of research into car-to-car communications, federal auto safety regulators took a step forward today by unveiling their plan for requiring cars to have wireless gear that will enable them to warn drivers of danger.... Read More »

 

China needs Europe-like open competition, Volvo Chairman says

Aug. 18, 2014 13:46 CET
Volvo Chairman Li Shufu says China should stop trying to hinder competition in the world's largest automaker. "It's best if it's completely open, like in the U.S. and Europe; whoever wants to produce cars can do it," Li said.... Read More »

 

Self-driving tech will make Volvos even safer, r&d boss says

12:01 am U.S. ET | Aug. 17, 2014
As self-driving cars become increasingly important, Volvo has unveiled an ambitious plan to position itself at the forefront of this cutting-edge technology.... Read More »

 

Aston Martin's U.S. stores at risk due to new crash rule, dealer says

Aug. 15, 2014 10:45 CET
Aston Martin stores in the United States will become unprofitable and could be forced to close if the sports-car maker cannot get an exemption for two of its models from tougher new crash standards, a top dealer said.... Read More »

 

Daimler to recall 50,000 Smarts in China

Aug. 15, 2014 12:33 CET
Daimler is recalling about 50,000 Smart ForTwos in China. Authorities identified that vibrations can cause the V-belt, an engine component that drives the cooling fan and the alternator, to tear.... Read More »

 

THE GM RECALL

U.S. judge appoints lead counsel for GM ignition-switch cases

7:06 pm U.S. ET | Aug. 15, 2014
A federal judge has appointed two lawyers who led cases against Toyota, and a plaintiffs' attorney from Texas, to lead litigation against General Motors related to a faulty ignition switch that prompted the recall of millions of vehicles this year.... Read More »

 

Ford recalls 2013 Escape for 11th time, this time for wiring problem

3:43 pm U.S. ET | Aug. 15, 2014
Ford has issued its 11th recall on the 2013 Escape crossover, this time because a wiring problem could cause the engine to hesitate or stall. The recall covers 159,395 Escapes and Focus ST hatchbacks from the 2013 and 2014 model years with turbocharged 2.0-liter engines in North America.... Read More »

 

JAMIE LaREAU

Court ruling on telecommuting could affect dealerships

1:23 pm U.S. ET | Aug. 14, 2014
What does a former Ford employee with irritable bowel syndrome have to do with car dealerships? Potentially, a lot, says a dealership lawyer.... Read More »

 

U.S. appoints former federal prosecutor to be Toyota safety monitor

6:18 am U.S. ET | Aug. 13, 2014
Former federal prosecutor David Kelley has been appointed as the government monitor who will supervise Toyota's safety after the company's mishandling of vehicle recalls for unintended acceleration.... Read More »

 

JIM HENRY

N.Y. Times' demands are misguided

12:01 am U.S. ET | Aug. 13, 2014
Subprime auto loans have gotten most of the attention, but an editorial in The New York Times on Saturday makes other demands dealers and lenders are sure to dislike.... Read More »

 

Chrysler purchasing chief Kunselman to lead new safety office

9:33 am U.S. ET | Aug. 12, 2014
Chrysler tapped its head of purchasing, Scott Kunselman, to lead a new office that will oversee safety issues and regulatory compliance as scrutiny over the industry's safety record grows. Tom Finelli, 44, Chrysler's current director for global standardization, will assume responsibility for North American purchasing and supplier quality, effective immediately, Chrysler said today.... Read More »

 

Audi will 'accept penalty' in China anti-monopoly probe

Aug. 12, 2014 10:57 CET
Audi will accept punishment from Chinese authorities for breaching anti-monopoly laws in the world's largest car market, according to a statement from the automaker.... Read More »

 

YANG JIAN

Why China's NDRC has become country's antitrust watchdog

12:01 am U.S. ET | Aug. 12, 2014
China's NDRC used to be very friendly toward foreign automakers, approving numerous factory projects. Now its is investigating global automakers for suspected monopolistic behavior. What prompted the change?... Read More »

 

Subprime lender learns FTC's 'not cutting any slack'

12:01 am U.S. ET | Aug. 11, 2014
Subprime auto lender Consumer Portfolio Services learned some costly but valuable lessons from a $5.5 million consent order with the Federal Trade Commission this year.... Read More »

 

Attorneys for GM customers compete to lead ignition-switch legal battle

1:34 pm U.S. ET | Aug. 11, 2014
Lawyers for GM customers are jostling to lead lawsuits over faulty ignition switches. They don't know what they can sue for -- a judge will tell them that -- but they do want to be in charge.... Read More »

 

Hyundai hit with $17M fine

12:01 am U.S. ET | Aug. 11, 2014
Federal regulators last week slapped Hyundai with a $17.35 million fine for taking too long to report a safety defect in its 2009-12 model year Genesis sedans, signaling a strict reading of safety laws in the wake of General Motors' ignition-switch crisis.... Read More »

 

YANG JIAN

China's new antitrust watchdog

12:01 am U.S. ET | Aug. 11, 2014
China has begun investigating global automakers for suspected monopolistic behavior.... Read More »

 

GM loses bid to dismiss revived ignition-switch lawsuit

12:52 pm U.S. ET | Aug. 9, 2014
General Motors failed to convince a Georgia judge to dismiss a revived lawsuit over the death of a 29-year-old woman that helped trigger the automaker's ignition-switch recall crisis. Cobb County State Court Judge Kathryn Tanksley today set a trial date for April 2016.... Read More »

 

VW recalls 189,000 Tiguan SUVs in N. America for potential stalling

9:34 am U.S. ET | Aug. 9, 2014
Volkswagen is recalling 189,490 Tiguan small SUVs in North America for potential stalling issues.... Read More »

 

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