Government

China to punish carmakers that fail to meet fuel economy targets

10:24 am U.S. ET | Oct. 16, 2014
China, taking another step to clean the nation's polluted skies, plans to punish automakers by restricting vehicle output and publicly naming violators if they fail to meet fuel economy rules on light vehicles set for 2015.... Read More »

 

Former Showa exec indicted in U.S. price-fixing probe

12:07 pm U.S. ET | Oct. 16, 2014
A former executive of Japanese auto parts supplier Showa has been indicted by a federal grand jury in Cincinnati on a charge of conspiring to fix the prices of parts sold to American Honda and others.... Read More »

 

Chrysler recalls more than 900,000 vehicles for fire risk

7:59 am U.S. ET | Oct. 16, 2014
Chrysler Group is recalling more than 900,000 vehicles worldwide for potential safety problems that could cause fires. One recall covers some 470,000 cars and SUVs from model years 2011-14 and equipped with a 3.6-liter engine and 160 amp alternator, which may fail, possibly causing a stall or fire. A second recall covers 437,000 Jeep Wranglers -- water in the exterior heated power mirror electrical connector could cause an electrical short.... Read More »

 

Honda starts audit of injury, death reports to U.S. regulator

4:15 pm U.S. ET | Oct. 15, 2014
Honda asked a third party to determine whether the automaker underreported fatality and injury claims to federal regulators in the United States who are investigating airbag failures with potentially deadly defects.... Read More »

 

THE GM RECALL

GM sued for $10 billion over losses on 27 million recalled cars

1:43 pm U.S. ET | Oct. 15, 2014
General Motors was hit with its biggest lawsuit so far over serial recalls, brought on behalf of drivers of 27 million vehicles seeking more than $10 billion in compensation for fallen car prices.... Read More »

 

Toyota recalls mount as automaker faces increasing scrutiny

3:07 am U.S. ET | Oct. 15, 2014
Toyota made its fourth global recall involving more than a million vehicles this year, as the world's largest automaker begins operating with stricter supervision over safety from regulators in the United States.... Read More »

 

Anti-Tesla bill reaches Michigan governor's desk

12:50 pm U.S. ET | Oct. 15, 2014
Legislation that would prevent Tesla Motors from directly selling its EV lineup in Michigan has cleared the state's legislative chambers and is awaiting the signature of Republican Governor Rick Snyder. The deadline to sign the bill is October 21.... Read More »

 

GM sides with U.S. wireless carriers in net neutrality fight

1:32 pm U.S. ET | Oct. 15, 2014
GM has emerged as a heavyweight ally of the wireless carriers battling against stricter Internet traffic rules, with a new letter that linked the issue to wirelessly connected cars.... Read More »

 

JIM HENRY

Visions of a paper-free auto finance world

12:01 am U.S. ET | Oct. 15, 2014
What will auto finance look like in 2020? Chase Auto Finance exec Bill Jensen did some speculating recently at the Auto Finance Summit in Las Vegas.... Read More »

 

CFPB faces legal hurdle in regulating F&I products

12:01 am U.S. ET | Oct. 15, 2014
It’s clear the Consumer Financial Protection Bureau would like to increase regulation of what it calls “add-on” F&I products such as extended-service contracts and GAP. But it’s less clear whether the bureau can find the legal grounds to do it, a former CFPB official says.... Read More »

 

Chrysler recalls 184,000 SUVs for potential airbag, seat belt defect

8:59 am U.S. ET | Oct. 14, 2014
Chrysler Group is recalling an estimated 184,215 SUVs globally because a possible short circuit in a part could disable airbags and seat belt pretensioners. The same part was responsible for a September recall involving more than 850,000 Ford vehicles.... Read More »

 

Fracking spurs debate, energy boom

12:01 am U.S. ET | Oct. 13, 2014
Hydraulic fracturing is not new. Drilling companies have fractured shale for decades to release and extract trapped hydrocarbons nearby. What has changed, however, is the scale of the energy available due to advances in horizontal drilling.... Read More »

 

THE GM RECALL

Deaths linked to GM ignition-switch defect rise to 27

2:04 pm U.S. ET | Oct. 13, 2014
A program to compensate victims of a faulty ignition switch in General Motors vehicles has approved three new death claims, bringing the total number of deaths linked so far to the switch to 27, according to a report released today by the lawyer overseeing the program.... Read More »

 

11TH PLACE

Fiat Chrysler lags rivals in EPA's mpg report

12:01 am U.S. ET | Oct. 13, 2014
The automaker that launched a Dodge this year that can burn up to 1.5 gallons of gasoline a minute finished last in the government's annual report on fuel economy gains. Yet Fiat Chrysler Automobiles vows that it will meet tough corporate average fuel economy goals in the coming years.... Read More »

 

Mileage march on schedule, EPA says

12:01 am U.S. ET | Oct. 13, 2014
Don't read too much into the slowdown in fuel economy gains, regulators say. The pace should quicken again with the spread of more potent gas-saving technologies.... Read More »

 

Dealers turn to governments for incentives

12:01 am U.S. ET | Oct. 13, 2014
A small but growing number of dealerships are obtaining tax breaks or government funds in connection with their facility improvements.... Read More »

 

EDITORIAL

An mpg report card

12:01 am U.S. ET | Oct. 13, 2014
The pace of U.S. light-vehicle fuel economy gains slowed last year, the EPA said in an annual report. But even though the 0.5 mpg improvement in the 2013 model year was less than half the 2012 savings, the report contained encouraging signs.... Read More »

 

GM extends 'speak up' safety message to dealers

12:01 am U.S. ET | Oct. 13, 2014
General Motors' heightened focus on safety in the wake of its recall crisis is spilling over to its 4,300 dealerships. In a Sept. 30 memo, GM North America President Alan Batey asked dealers to reinforce to their staffs "a sense of safety ownership and responsibility," and told dealers to encourage staffers to "speak up" if they spot a potential problem.... Read More »

 

In GM bankruptcy, an ex-con and hedge funds find common ground

3:00 pm U.S. ET | Oct. 12, 2014
Roger Dean Gillispie, a former General Motors security guard, spent 20 years in an Ohio prison for rape until a federal court ordered him released in 2011. Now he wants to sue GM for allegedly helping to frame him, and he's getting support from an unlikely source: hedge funds.... Read More »

 

British automakers, in foreign hands, overtake France

11:36 am U.S. ET | Oct. 11, 2014
Britain last year produced more cars than France for the first time in decades. And in a dramatic turnabout, the value of British car exports has doubled in the past 10 year.... Read More »

 

Mercedes recalls 10,500 C-class cars in U.S. for steering issue

6:52 am U.S. ET | Oct. 10, 2014
Mercedes-Benz is recalling more than 10,500 C-class sedans in the United States from the 2015 model year because a production error causes steering wheels to squeak and resist turning.... Read More »

 

HANS GREIMEL

Crash recorder video craze hits Japan

11:45 am U.S. ET | Oct. 10, 2014
Count Japan as the latest entrant to the dash cam craze. Across the country, drivers are uploading and swapping video footage taken through their vehicle crash data recorders.... Read More »

 

Nissan recalls 238,000 2013 Altima sedans on hood latch issue

9:59 am U.S. ET | Oct. 10, 2014
Nissan is recalling about 238,000 Altima sedans from the 2013 model year because a secondary hood latch may not hold, increasing the risk of a crash, federal safety regulators and the company said today.... Read More »

 

Russian market in free fall as Ukraine crisis curbs demand

Oct. 9, 2014 11:53 CET
Russia's auto market is in free fall with new-car sales plunging by 20 percent last month following a 26 percent drop in August as buyers worried about the country's sanctions-hit economy avoid large purchases.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

EU industry director wants to boost auto trade in Asia; warns of tougher CO2 rules

Oct. 9, 2014 06:30 CET
The new European Commission that takes office next month will make several decisions affecting automakers, including potentially tougher post-2020 CO2 emissions targets, its industry and enterprise director, Carlo Pettinelli, said.... Read More »

 

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