Government

NHTSA plans summit to promote culture of auto safety

3:00 pm U.S. ET | April 10, 2015

NHTSA head Mark Rosekind wants to hold a summit with automakers to explore how vehicle safety and defect issues are handled, and how those approaches can be improved. He is suggesting automakers could learn from the airline industry, which he praised as more proactive than reactive when it comes to consumer safety.... Read More »

EPA strikes deal with trade groups over biofuel targets

2:17 pm U.S. ET | April 10, 2015

The EPA reached a deal with two oil trade groups on setting targets for blending renewable fuels into the nation's fuel supply.... Read More »

Nissan, BMW recall more than 165,000 vehicles for fuel pump glitch

12:37 pm U.S. ET | April 10, 2015

Nissan and BMW are recalling more than 165,000 vehicles globally due to potential fuel pump failures that could cause an engine to stall or not start.... Read More »

NHTSA warns of rust on brakes in cold-weather states

6:30 am U.S. ET | April 9, 2015

Safety regulators warned millions of owners of older model vehicles in "Rust Belt" states to get their brake systems checked for corrosion, a warning that stems from a long-running investigation of complaints about GM trucks and SUVs.... Read More »

NHTSA weighs reopening probe into Jeep fuel tanks

3:19 pm U.S. ET | April 9, 2015

U.S. auto-safety regulators may consider reopening a probe into fuel-tank ruptures in some of Fiat Chrysler's older Jeep models. Repairs on fuel tanks from a 2013 recall of 1.56 million Jeep vehicles "should be done faster, and we want to see that 100 percent," NHTSA chief Mark Rosekind said today.... Read More »

Russian new-car sales fall 43% as economy slides

April 8, 2015 15:00 CET

Russian new-car sales fell 43 percent last month as a weak currency, falling oil prices and Western sanctions over Ukraine push the economy into recession.... Read More »

Ex-U.S Army colonel tied to Tilton equity firm reaches plea deal

5:14 pm U.S. ET | April 8, 2015

A retired U.S. Army colonel agreed to plead guilty to negotiating a job with financier Lynn Tilton's private equity firm while also taking steps to ensure a helicopter company it controlled got paid faster by the Department of Defense.... Read More »

JIM HENRY

BLOG: Lenders' outcry against CFPB 'narratives' is justified

12:01 am U.S. ET | April 8, 2015

It's no wonder auto lenders cried foul last month when the CFPB announced its plan to begin posting consumers' first-person tales of their grievances with auto loans later this year.... Read More »

Dodge, Chrysler minivans won't be recalled after stall investigation

11:49 am U.S. ET | April 8, 2015

U.S. safety regulators have ended an investigation into stalling problems in older-model Fiat Chrysler minivans, saying the issues would not likely lead to crashes.... Read More »

GM approves 80 death claims from ignition-switch recall

3:00 pm U.S. ET | April 7, 2015

The death toll from General Motors' defective ignition switch has risen to 80, according to the lawyer hired to review and approve victims' claims.... Read More »

BMW, Mercedes probe unauthorized exports from U.S. to China

April 7, 2015 11:29 CET

Mercedes and BMW are probing unauthorized exports of vehicles from the U.S. to China, which have recently surged and threaten profit in the world's largest auto market. So-called gray imports to China have jumped since the country allowed dealers in Shanghai's free trade zone to import cars without the consent of foreign carmakers.... Read More »

Canada to sell final 73.4 million GM shares

6:34 pm U.S. ET | April 6, 2015

Canada's federal government agreed to sell its 73.4 million shares in General Motors, ending the country's financial ties following the company's 2009 bailout. The transaction will be complete by April 10, Canada said.... Read More »

VW Passat, CC sedans get U.S. scrutiny for possible electrical flaw

10:49 am U.S. ET | April 6, 2015

U.S. safety regulators said they have opened an investigation into an estimated 30,000 Volkswagen sedans for a potential electrical defect that could affect the performance of the driver's-side airbag and other parts.... Read More »

360,000 Nissan Versas, Versa Notes investigated for pedal issue

10:37 am U.S. ET | April 6, 2015

U.S. safety regulators have opened a preliminary investigation into 2013-15 models of the Nissan Versa and Versa Note after complaints that drivers were having difficulty moving their feet quickly from the accelerator to brake pedals.... Read More »

Dealers place bets on presidential election

12:01 am U.S. ET | April 6, 2015

It’s still early in the presidential election cycle, but the contest for dollars is well under way. Some high-profile auto dealers already have begun placing their political bets.... Read More »

EDITORIAL

2 key ideas to fix the recall process could save lives

12:01 am U.S. ET | April 6, 2015

Two bills in Congress would direct states to notify auto owners of unrepaired recalls. But there's no reason why all states could not share basic auto registration data -- vehicle identification number, owner name and address -- on a regular basis with the National Highway Traffic Safety Administration.... Read More »

EPIPHANY UNDER PRESSURE

Congressional grilling was Akio Toyoda's defining moment

12:01 am U.S. ET | April 6, 2015

Akio Toyoda's moment of self-discovery came on what could have been the worst day of his life, sitting before a U.S. congressional panel and given a humiliating grilling about his company's response to a burgeoning unintended-acceleration crisis.... Read More »

Hyundai's advanced safety goes mainstream

12:01 am U.S. ET | April 6, 2015

Hyundai Motor Co., aiming to outpace rivals, will ramp up use of low-cost advanced safety systems and new autonomous driving features by 2020.... Read More »

NHTSA reopens probe into Ford lighting failures

1:34 pm U.S. ET | April 4, 2015

NHTSA is reopening an investigation in which it previously decided not to recall more than half a million Ford cars with possibly defective lighting controls.... Read More »

Tesla blocked in W.Va. as governor signs bill

11:35 am U.S. ET | April 3, 2015

West Virginia Governor Earl Ray Tomblin today signed legislation that will effectively prevent Tesla Motors from selling cars in the strategically located state. West Virginia shares borders with five states and its easternmost county is considered a suburb of Washington, D.C.... Read More »

Fiat Chrysler ordered to pay $150 million in Jeep fuel-tank fire death

7:26 pm U.S. ET | April 2, 2015

A jury in Georgia, after a two-week trial, awarded $150 million to a family that sued Fiat Chrysler for the 2012 death of their 4-year-old in a fiery crash involving a 1999 Jeep Grand Cherokee with a rear fuel tank.... Read More »

Calif. dealers brace for curbs on water use

2:27 pm U.S. ET | April 2, 2015

California's new mandatory water-use restrictions will further strain auto dealers, who have already been impacted by a four-year drought. Governor Jerry Brown issued the restrictions in an executive order on Wednesday.... Read More »

Dura owner Lynn Tilton sues SEC after it charges her with fraud

12:04 pm U.S. ET | April 1, 2015

Escalating her battle with the federal regulators, flamboyant New York investor Lynn Tilton, who has a variety of automotive parts holdings, sued the US Securities and Exchange Commission to stop it from pursuing a case charging her with defrauding her investors.... Read More »

Automakers issue non-discrimination statements in wake of Indiana controversy

2:57 pm U.S. ET | April 1, 2015

Four major automakers with operations in Indiana have made public commitments this week to non-discrimination in response to the state’s recently passed Religious Freedom Restoration Act.... Read More »

Feds put add-on products in their cross hairs

11:00 am U.S. ET | April 1, 2015

The Federal Trade Commission has set its sights on what it calls add-on products: F&I products sold at dealerships such as anti-theft etching or biweekly payments. “The cases we brought today were the first two -- but not the last,” Jessica Rich, director of the FTC Bureau of Consumer Protection, said during a conference call on March 26. She was discussing a crackdown, dubbed “Operation Ruse Control,” on fraudulent dealership practices by authorities in the U.S.... Read More »

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