Government

U.S. auto recalls top 60 million as response to defects shift

9:38 am U.S. ET | Dec. 20, 2014
Automobile recalls surpassed the 60 million mark in the United States for the first time in a single year, largely because of the rush to prevent more deaths from defective General Motors ignition switches and Takata airbags.... Read More »

 

JAMES B. TREECE

Regulation vs. technology -- why are U.S. roads getting safer?

9:21 am U.S. ET | Dec. 20, 2014
Here's some good news you didn't read much about this year: US roads are safer. The number of people who died in traffic crashes fell 3 percent in 2013, the National Highway Traffic Safety Administration said on Friday.... Read More »

 

TAKATA AIRBAG CRISIS

Honda dealers face recall phone blitz

12:01 am U.S. ET | Dec. 20, 2014
Suppliers, regulators, automakers and consumers are struggling to understand the scope and implications of a defect in Takata airbags that has led to recalls of millions of vehicles. For Honda and Acura dealers, it's a chore just to keep up with the phone calls.... Read More »

 

FCA US recalls 3.3 million more vehicles with Takata airbag inflators

4:49 pm U.S. ET | Dec. 19, 2014
FCA US said today it will replace driver-side airbag inflators in as many as 3.3 million more older-model vehicles, in a capitulation to a demand by the National Highway Traffic Safety Administration.... Read More »

 

GM develops contingency plans in case Takata recalls widen

2:59 pm U.S. ET | Dec. 19, 2014
General Motors has developed contingency plans in case recalls of potentially lethal Takata-made airbag inflators widens, forcing the automaker to repair millions of vehicles, the company said today.... Read More »

 

JIM HENRY

Free of U.S. ownership, Ally expects cheaper funds, maybe more subprime deals

3:13 pm U.S. ET | Dec. 19, 2014
Ally Financial is “free at last,” to borrow a phrase CEO Michael Carpenter used earlier this year to describe how it would feel for Ally finally to put six years of government ownership behind it.... Read More »

 

U.S. traffic fatalities fell 3% in 2013, return to record low rate

2:17 pm U.S. ET | Dec. 19, 2014
The number of people who died in traffic crashes fell 3 percent in the United States to 32,719 fatalities in 2013, the National Highway Traffic Safety Administration said today, crediting a combination of stricter regulation and advanced safety technology.... Read More »

 

Mercedes recalls 8,279 Sprinter vans in U.S. for possible oil leak

11:02 am U.S. ET | Dec. 19, 2014
Mercedes-Benz is recalling 8,279 Sprinter vans in the United States because of a potential oil leak that would increase the risk of a fire or a stalling engine, according to documents filed by federal safety regulators.... Read More »

 

FCA recalling Dodge Ram pickups for possible loose fastener

9:56 am U.S. ET | Dec. 19, 2014
FCA US, the former Chrysler Group, is recalling almost 288,000 Dodge Ram pickup trucks globally that had been under review by federal safety regulators over complaints that a loose fastener might cause the rear axle to lock up or detach.... Read More »

 

Ghosn says ruble plunge a 'bloodbath' for automakers

Dec. 19, 2014 10:04 CET
The ruble's plunge is creating a "bloodbath" for automakers in Russia, Renault-Nissan CEO Carlos Ghosn said. Nissan and Renault have stopped taking orders for some cars in Russia and could raise prices on others if the ruble continues to fall, he said.... Read More »

 

Ally's six-year bailout ends after U.S. sells $1.28 billion stake

7:48 pm U.S. ET | Dec. 18, 2014
The Treasury disposed of its remaining $1.28 billion stake in auto lender Ally Financial, resolving the last big bailout from an emergency government program to halt the 2008 financial crisis. Ally said the government ultimately gained $2.4 billion from its investment.... Read More »

 

Cadillac says CT6 rearview mirror will have high-res video

3:00 pm U.S. ET | Dec. 18, 2014
Cadillac plans to introduce a rearview mirror embedded with high-resolution streaming video that gives the driver more expansive rearward vision, unobstructed by headrests, passengers and the car's roof or rear pillars.... Read More »

 

Takata CEO takes out newspaper ads in reaction to airbag crisis

6:57 am U.S. ET | Dec. 18, 2014
Takata, the embattled airbag maker, stepped up its response to a global auto-safety crisis by distributing an open letter from its CEO in U.S. and German newspapers.... Read More »

 

Ford expands Takata driver-side airbag recall in U.S.

10:08 am U.S. ET | Dec. 18, 2014
Ford today expanded the recall of older-model Mustang cars that have driver-side Takata airbags with inflators to include about 502,500 vehicles.... Read More »

 

Old GM tells New GM to compensate customers for faulty switches

1:04 pm U.S. ET | Dec. 18, 2014
GM customers won a key ally in their quest for $10 billion in compensation: the automaker's bankrupt predecessor, which said switch defects were illegally hidden from consumers during the company's 2009 bailout.... Read More »

 

GM, Audi, Jaguar halt Russia sales on ruble's collapse

Dec. 18, 2014 13:12 CET
GM, Audi and Jaguar Land Rover temporarily stopped selling cars in Russia this week, deciding that taking a timeout from the market was the best way to deal with the ruble's collapse.... Read More »

 

Mercedes recalls 4,871 cars, SUVs in U.S. for possible oil leak

9:57 am U.S. ET | Dec. 18, 2014
Mercedes-Benz is recalling 4,871 sedans and SUVs in the United States because of a potential oil leak, according to documents filed with federal safety regulators.... Read More »

 

Takata airbag crisis may spur maintenance changes in Japan

8:54 am U.S. ET | Dec. 18, 2014
Takata's airbag crisis could spur changes to how car owners maintain their vehicles, with Japan’s automakers discussing whether drivers should regularly replace the chemicals used to inflate the safety devices.... Read More »

 

Takata says it has sufficient funds to deal with recalls

10:27 pm U.S. ET | Dec. 17, 2014
Airbag maker Takata has sufficient funds to deal with a global recall that has climbed to about 21 million vehicles after five deaths linked to its products, the company's CEO told the Nikkei newspaper.... Read More »

 

Honda ran tests on fatal airbag flaw, frustrated by Takata reticence, report says

7:34 am U.S. ET | Dec. 17, 2014
Honda was so concerned by mounting recalls for Takata airbags -- and frustrated by its supplier's failure to explain why some have exploded, killing five people with shrapnel -- that it bought used and scrapped cars in Japan to conduct its own tests.... Read More »

 

Incoming AIADA head vows to speak out on CFPB

10:15 am U.S. ET | Dec. 17, 2014
Bradley Hoffman, incoming chairman of the American International Automobile Dealers Association, says he plans to speak out about the Consumer Financial Protection Bureau's controversial positions on automotive lending.... Read More »

 

JIM HENRY

Will the CFPB redefine “larger”?

12:01 am U.S. ET | Dec. 17, 2014
Auto industry watchers that formally weighed in on the Consumer Financial Protection Bureau’s definition of “larger” auto lenders took predictable positions before the public comment period closed last week.... Read More »

 

THE GM RECALL

GM customers demand payment for 'callous cover-up' of defect

7:56 am U.S. ET | Dec. 17, 2014
Owners of General Motors cars with faulty ignition switches turned to the only judge who can help them, saying it's wrong to shield the automaker behind bankruptcy law.... Read More »

 

The road ahead for NHTSA's new chief

10:30 pm U.S. ET | Dec. 16, 2014
Mark Rosekind, confirmed to head the National Highway Traffic Safety Administration, faces immediate pressure to take a tougher stance with automakers and suppliers on safety matters, reset the agency's culture and manage the coming wave of autonomous-vehicle and other advanced technologies.... Read More »

 

U.S. prepares for legal battle with Takata over airbag recall

10:33 pm U.S. ET | Dec. 16, 2014
U.S. regulators investigating failures of Takata Corp. airbags are preparing for a legal fight in case the Japanese parts maker doesn’t comply with a request to expand a recall.... Read More »

 

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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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