Government

THE GM RECALL

U.S. probes GM lawyers' role on vehicle recalls, reports say

6:49 am U.S. ET | Aug. 22, 2014
Federal prosecutors have learned that lawyers for General Motors were present at key meetings during which information about problems with some of its vehicles were discussed, a source close to the investigation told Reuters....
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Honda to modify 12,000 redesigned Fits sold in U.S. to enhance crashworthiness

10:00 am U.S. ET | Aug. 21, 2014
Honda plans to modify 12,000 redesigned 2015 Fit models in customer hands in the United States following a mid-model-year engineering change that improved the subcompact's showing in a key industry crash test....
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Recalls have little to no impact on residual values, study says

5:16 pm U.S. ET | Aug. 21, 2014
Recalls have almost no effect on vehicle depreciation rates, a new study found. Even widespread recalls that generate sweeping publicity had little to no effect on residual values, which represent the value of a used vehicle. The study comes as the U.S. auto industry will set a record in 2014 for vehicle recalls....
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Leaked stickers suggest a thirstier 2015 Ford Mustang as weight creeps up

1:45 pm U.S. ET | Aug. 21, 2014
Adding independent rear suspension, numerous electronic safety features and other items raised the weight and lowered the fuel economy of several models of the rebuilt 2015 Ford Mustang, according to window stickers leaked on the Internet today....
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Chrysler's Ram pickup may stick with steel through 2020, report says

7:27 pm U.S. ET | Aug. 21, 2014
Chrysler Group is planning an extensive facelift of its full-size Ram 1500 pickup in spring 2017, but has no firm plans to follow rivals GM and Ford in replacing steel body panels with aluminum until a complete redesign after 2020, industry sources told Reuters....
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Ford tells U.S. dealers to stop selling some C-Max, Focus models

11:05 am U.S. ET | Aug. 21, 2014
Ford told its dealers in the United States to stop test-driving and selling C-Max and Focus models produced during a week this month because of potential problems with the steering gear assembly, a notice sent to dealers on Wednesday shows....
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Novelis: Aluminum sales to automakers will nearly triple on new emissions, mpg rules

8:49 am U.S. ET | Aug. 21, 2014
Novelis, the world's biggest supplier of aluminum sheeting to carmakers, expects sales to customers including Audi and Ford to rise almost three-fold as new emissions rules restrict the use of steel....
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Toyota to cut prices of Lexus parts in China amid antitrust concerns

7:09 am U.S. ET | Aug. 21, 2014
Toyota said today it would cut prices of parts for its luxury Lexus models in China, following similar moves by its German rivals, in response to heightened regulatory scrutiny over antitrust issues....
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New and premium models boost UK car exports to July record

Aug. 21, 2014 10:44 CET
The UK has reported record car exports for July as production rose by nearly 3 percent year-on-year last month because of new models and strong sales of top-end vehicles....
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NHTSA launches VIN tool to search for recalls

12:01 am U.S. ET | Aug. 20, 2014
Car buyers and owners can use a vehicle's identification number to identify open or unrepaired safety recalls with a new search tool released by NHTSA starting today. Consumers enter a VIN to find out whether the vehicle has any open, unrepaired recalls and whether the automaker has a fix available....
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EU regulators seek to close car emissions testing loopholes

Aug. 20, 2014 13:30 CET
EU regulators are pushing for legislation that will require vehicles to be tested on roads rather than in laboratories in a bid to close loopholes that allow carmakers to exaggerate fuel-saving and emissions credentials....
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JIM HENRY

Did dealers hurt themselves with the carve out?

12:01 am U.S. ET | Aug. 20, 2014
There’s no mistaking that federal regulators are serious about policing auto lenders. By extension, auto dealers feel they’ve got a big target on their backs, too....
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Uber hires former Obama adviser Plouffe to counter opponents

12:19 am U.S. ET | Aug. 20, 2014
Uber Technologies, the popular mobile car-booking app, hired David Plouffe, a former top political adviser to President Obama, to help it cope with regulatory hurdles and mounting opposition from cabbies around the globe....
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China levies record $200 million fine on Japan suppliers

Aug. 20, 2014 12:11 CET
China has fined 12 Japanese suppliers a record 1.24 billion yuan ($200 million) for alleged price fixing amid one of the broadest investigations since the nation's antitrust law came into effect six years ago....
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HANS GREIMEL

Why Korea could be next to crack down on foreign brand pricing

12:01 am U.S. ET | Aug. 20, 2014
Could China's crackdown on perceived price gouging by foreign automakers trigger a domino effect next door in South Korea, where sale of overseas brands are heating up?...
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2 Japanese suppliers fined in China's antitrust crackdown

6:23 am U.S. ET | Aug. 19, 2014
China's antitrust regulator fined Japanese bearing makers NSK Ltd. and NTN Corp. a combined 4.8 billion yen ($47 million) for violating rules in a probe into industry pricing practices....
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Japan's NGK pleads guilty, to pay $52.1 million U.S. fine for price fixing

5:10 pm U.S. ET | Aug. 19, 2014
Japanese supplier NGK Spark Plug agreed to plead guilty and pay a $52 million criminal fine over its role in a conspiracy to fix prices and rig bids for spark plugs and other automotive parts, the Department of Justice said....
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THE GM RECALL

GM expands website for owners of recalled vehicles

12:18 pm U.S. ET | Aug. 19, 2014
General Motors' website for owners of its vehicles recalled for faulty ignition switches has been expanded to include all 20 models involved, the automaker said....
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HANS GREIMEL

Why Korea could be next to crack down on foreign brand pricing

8:55 am U.S. ET | Aug. 19, 2014
Could China's crackdown on perceived price gouging by foreign automakers trigger a domino effect next door in South Korea, where sale of overseas brands are heating up?...
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Dutch car sales likely to fall to 45-year low, industry group says

Aug. 19, 2014 13:36 CET
Dutch car sales will likely fall to their lowest level since 1969 this year as sluggish economic recovery and weak consumer confidence hit demand, automotive industry consultancy group Aumacon says....
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U.S. details plans for car-to-car safety communications

3:08 pm U.S. ET | Aug. 18, 2014
After more than a decade of research into car-to-car communications, federal auto safety regulators took a step forward today by unveiling their plan for requiring cars to have wireless gear that will enable them to warn drivers of danger....
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China finds Mercedes guilty of price fixing, report says

Aug. 18, 2014 10:53 CET
Mercedes has been found guilty of manipulating prices for aftersales services in China, the official Xinhua news agency reported. Foreign automakers have been under scrutiny in China amid reports by state media that they are overcharging consumers....
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Russia may ban car imports if West applies new sanctions, report says

Aug. 18, 2014 11:54 CET
Russia may ban car imports if the West applies additional sanctions on Moscow over its involvement in Ukraine, a daily newspaper reported....
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China needs Europe-like open competition, Volvo Chairman says

Aug. 18, 2014 13:46 CET
Volvo Chairman Li Shufu says China should stop trying to hinder competition in the world's largest automaker. "It's best if it's completely open, like in the U.S. and Europe; whoever wants to produce cars can do it," Li said....
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Self-driving tech will make Volvos even safer, r&d boss says

12:01 am U.S. ET | Aug. 17, 2014
As self-driving cars become increasingly important, Volvo has unveiled an ambitious plan to position itself at the forefront of this cutting-edge technology....
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