Government

BMW recalls 1.6 million 3-series cars to replace airbags

July 16, 2014 13:59 CET
BMW is recalling 1.6 million 3-series cars globally for a front-passenger airbag defect that has caused automakers including Toyota and Nissan to repair millions of vehicles....
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BMW to recall 1.6 million 1999-2006 3-series cars to replace Takata airbags

7:58 am U.S. ET | July 16, 2014
German automaker BMW said today it is recalling about 1.6 million cars worldwide to replace passenger-side front airbags made by Takata Corp. because the inflators could break apart during deployment and injure passengers....
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Hide No Harm Act would fine, imprison execs who conceal product dangers

10:19 am U.S. ET | July 16, 2014
Two senators today unveiled a bill prompted by the General Motors recalls over defective ignition switches that would make it a crime for corporate officers to conceal dangers posed by their products....
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JIM HENRY

Credit union ads highlight misperceptions of dealer reserve

12:01 am U.S. ET | July 16, 2014
A Florida credit union's ad campaign beating up dealers and auto lenders for “rate markups” is hard to look at, but dealers and lenders should check it out to see what they're up against in terms of public perception and in case the approach catches on in other states....
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THE GM RECALL

GM revises way legal staff handles safety suits

9:35 pm U.S. ET | July 15, 2014
GM has hired an outside legal firm to review the company's litigation practices and has revised the way it handles civil lawsuits so that cases involving serious injuries or deaths will be reviewed by the company's general counsel and engineering staffs, GM's top lawyer plans to tell a Senate panel on Thursday....
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Obama touts progress on 'talking' cars

11:20 am U.S. ET | July 15, 2014
President Barack Obama highlighted government-backed research on technology being developed by companies including Ford and Toyota to allow cars to communicate with each other....
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Russia bans state purchase of foreign-made cars to aid local automakers

July 15, 2014 13:16 CET
Prime Minister Dmitry Medvedev has ordered a ban on Russian state and municipal purchases of foreign-manufactured cars to support local producers....
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EPA seeks real-world tests of mpg claims

4:00 pm U.S. ET | July 14, 2014
The EPA plans to require automakers to road test vehicles to verify fuel-economy figures before they are published on window stickers and other sources....
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THE GM RECALL

Prosecutors' case against GM to focus on misleading statements, report says

7:31 am U.S. ET | July 14, 2014
Federal prosecutors are developing a criminal fraud case hinged on whether GM made misleading statements about a deadly ignition switch flaw, and are examining activity dating back a decade, before GM's 2009 bankruptcy, according to multiple sources familiar with the investigation, Reuters reported....
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China's sales outlook cut by trade group on slow economy, truck slump

2:04 am U.S. ET | July 14, 2014
China's state-backed auto association forecast that vehicle sales will slow more than it previously projected, as the economy showed little signs of improvement and more cities consider purchase restrictions....
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EDITORIAL

GM's false economy

12:01 am U.S. ET | July 14, 2014
It's not yet clear what the final tab will be on General Motors' unfolding recall mess, but it certainly will put a dent in the automaker's so-called fortress balance sheet....
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BMW's gamble on U.S. factory provides export windfall

July 13, 2014 06:01 CET
BMW's U.S. factory in South Carolina -- its first test of full-scale auto production outside of Germany -- has become a bona fide success. The plant is integral to the luxury brand's efforts to protect profit margins and remain ahead of rivals....
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BMW bet on S.C. plant pays off with export windfall

12:01 am U.S. ET | July 12, 2014
BMW's first test of full-scale auto production outside of Germany has become a bona fide success after initial hiccups. The factory in Spartanburg, S.C., -- already the nation's biggest light-vehicle exporter -- is integral to the luxury brand's efforts to protect profit margins and keep ahead of rivals Audi and Mercedes....
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LARRY P. VELLEQUETTE

Why fuel economy faces law of diminishing returns

3:02 pm U.S. ET | July 11, 2014
In economics, it's known as the law of diminishing returns, the shrinking benefit you get when you pour ever-increasing resources toward achieving a singular goal. The DOE showed a good mathematical example of the principle today with a graphic it released about the consumer benefits of fuel economy....
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2 senators want probe of delays in rail deliveries to dealerships

4:23 pm U.S. ET | July 11, 2014
Two senators are asking the Surface Transportation Board -- a bipartisan body of the Department of Transportation -- to investigate railroad delays of vehicle deliveries to dealerships....
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Honda, Toyota, Nissan meet with Obama about supplier aid pledge

3:43 pm U.S. ET | July 11, 2014
President Barack Obama is enlisting several major U.S. and multinational companies, including automakers Honda, Nissan and Toyota, to draw attention to an initiative aimed at helping small businesses expand and hire workers....
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NHTSA investigates 500,000 Ford Motor sedans for potential steering problems

1:20 pm U.S. ET | July 11, 2014
NHTSA is investigating an estimated 500,000 Ford Motor sedans for potential steering problems....
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Chrysler recalls 895,000 Grand Cherokees, Durangos for potential fire hazard

10:19 am U.S. ET | July 11, 2014
Chrysler Group said today it is recalling 895,000 SUVs for faulty wiring in vanity mirror lights that can short circuit and set fire....
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Driver of stolen Tesla that crashed, split in 2, dies

9:43 am U.S. ET | July 10, 2014
The driver of a stolen Model S sedan that crashed and split in two in west Los Angeles nearly a week ago has died. The L.A. County Department of Coroner said today that the driver, Joshua Michael Flot, 26, of Inglewood, Calif., died on Monday....
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TRW attracts takeover offer from ZF Friedrichshafen, report says

10:56 am U.S. ET | July 10, 2014
TRW Automotive, the world's biggest car-safety equipment supplier, has received a preliminary takeover approach from Germany's ZF Friedrichshafen AG, people with knowledge of the matter told Bloomberg. If completed, it would be the largest auto supplier takeover in seven years....
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GM moves Cadillac chief Ferguson back to chief lobbying role

3:23 pm U.S. ET | July 10, 2014
Bob Ferguson, the head of Cadillac since October 2012, is returning to his previous position as GM's top government lobbyist, effective immediately. Ferguson, who was head of public policy for GM from 2010 until moving to Cadillac, already had been spending much of his time since mid-March in Washington, helping to steer GM's response to its ignition switch recall....
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GM recalls nearly 30,000 Saab 9-3 convertibles

July 10, 2014 13:56 CET
General Motors is recalling almost 30,000 Saab 9-3 convertibles in the United States for a seat belt issue that has previously affected sedan models....
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Honda recalls 175,000 hybrids in Japan due to software glitch

6:53 am U.S. ET | July 10, 2014
Honda is recalling 175,356 gasoline-electric hybrid vehicles in Japan, including the Fit subcompact, over a software glitch in the engine control unit....
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Russian car sales sink most in 4 years on ruble weakness

July 10, 2014 12:29 CET
Sales of new cars in Russia plunged by the most in more than four years in June as a weaker ruble curbed demand. Automakers sold 199,398 vehicles last month, down 17 percent from a year earlier....
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EU probes state aid for Audi's Hungary expansion

July 9, 2014 16:22 CET
The European Commission is probing state aid to Audi to expand its plant in Hungary. The commission approved aid to Porsche and BMW to expand their factories in Germany....
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Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
» Watch the Video
     
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