Toyota recalls 3.4 million cars globally over airbags, fuel tanksTue, 28, Jun 2016
Toyota said it’s recalling about 3.4 million vehicles globally to repair separate flaws involving leaky fuel tanks and curtain airbags that may crack and injure occupants.
Brexit may cost carmakers 2.8 million global sales, IHS saysWed, 29, Jun 2016
The UK's vote to leave the EU may cost automakers about 2.8 million light-vehicle sales worldwide through 2018, researcher IHS Automotive said. The UK is expected to be hit hardest. Instead of expanding 3.2 percent this year, the UK may grow by just 1 percent followed by declines in the next two years.
VW owners to get buyback price plus at least $5,100 in U.S. dealTue, 28, Jun 2016
VW's decision to violate U.S. emissions rules on 2.0-liter diesel vehicles, a cornerstone of its vehicle lineup, will cost the company more than $15 billion under far-reaching settlements with car owners, the federal government and dozens of states.
Fiat Chrysler rollaway recall linked to 68 injuries, 266 crashesTue, 28, Jun 2016
U.S. safety regulators said on Tuesday there were 68 reported injuries and 266 reported crashes in vehicles, including 2014-2015 Fiat Chrysler Jeep Grand Cherokee models with a type of gear-shifting control that has confused some consumers and led to rollaway incidents, prompting a recall.
VW settlement promotes technologies sold by competitorsTue, 28, Jun 2016
Volkswagen's $15 billion settlement with the U.S. and California over cheating on diesel emissions includes billions of dollars to support technologies sold by rivals such as General Motors and Toyota.
U.S. underestimates cost of fuel and CO2 goals, automakers sayTue, 28, Jun 2016
U.S. regulators have underestimated the cost and difficulty of achieving their vehicle fuel-economy and greenhouse-gas targets for 2025 and are giving California too much power to shape the country's policies on those issues, an automaker group said.
VW's U.S. settlement to grow to $15 billion in emissions scandal, report saysMon, 27, Jun 2016
Volkswagen AG's settlement with nearly 500,000 U.S. diesel owners and government regulators over polluting vehicles is valued at more than $15 billion cash, two sources briefed on the matter told Reuters on Monday.
Takata CEO says he'll step down once 'new regime' is in placeTue, 28, Jun 2016
Takata CEO Shigehisa Takada said he will resign after a "new management regime" is found, finally heeding calls for change so that the auto parts supplier can move ahead in dealing with a multibillion dollar airbag recall.
IIHS dials up pressure on automakersMon, 27, Jun 2016
The Insurance Institute for Highway Safety is using its powerful megaphone to send a message to automakers: Don't slack off on passenger-side safety.
Tighter ZEV rules will force the industry to work harderMon, 27, Jun 2016
California's air-quality regulations are slated to tighten in 2018 in a way that limits the impact of partial credits from sales of plug-in hybrids and low-emissions conventional vehicles, requiring more actual ZEV sales. That means automakers will have to be even more engaged in California's complex system of credits and sales-based quotas.
Time for Chinese regulators to punish the copycatsMon, 20, Jun 2016
Over the years, most major Chinese carmakers have outgrown their copycat phase. They've built their own car design teams and tapped foreign design talents to lead them. Yet, China's regulators still protect domestic companies that continue to copy foreign models.
Honda says Takata airbag ruptured in fatal crash in MalaysiaMon, 27, Jun 2016
Honda said the driver-side airbag inflator ruptured during a fatal crash in Malaysia, possibly the third death this year in the Southeast Asian country linked to airbags from supplier Takata.