Regulation

Toyota calls for independent Takata inflator tests throughout industry

2:13 pm U.S. ET | Dec. 2, 2014
Toyota today called for an industrywide initiative to test Takata's airbag inflators to determine whether automakers should expand their regional recalls into nationwide efforts....
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Takata to comply with U.S. order to expand regional recall, Japan report says

6:29 am U.S. ET | Dec. 2, 2014
Takata is preparing to comply with an order in the United States to expand a region-specific recall nationwide, Japan's Nikkei said today, a move that's likely to add millions more to the tally of cars called back to replace potentially deadly airbags....
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DAVE GUILFORD

Why lower oil prices might not be good for automakers

7:02 am U.S. ET | Dec. 2, 2014
Oil prices have fallen precipitously, from over $100 per barrel last summer to under $70 for some types of crude. Despite the rich retail sales mix that follows lower gas prices, this may not be entirely good for the auto industry....
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Airbag explosion in scrapyard has Japan weighing more recalls

6:12 am U.S. ET | Dec. 2, 2014
Japan’s investigation into dangerous airbags is leading to a remote scrapyard in the central Gifu prefecture, where the explosion of a car model not included in current recalls suggests automakers may have to yet again expand their safety campaigns....
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Takata, automaker execs to testify before House on airbags Wednesday

3:12 pm U.S. ET | Dec. 1, 2014
Executives of Takata, Toyota, Honda and BMW are scheduled to testify at a committee hearing of the U.S. House of Representatives on Wednesday morning....
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Chrysler will speed Takata airbag recall after heat from regulators

12:10 pm U.S. ET | Dec. 1, 2014
Fiat Chrysler Automobiles is speeding its regional recall of vehicles with defective Takata airbag inflators after federal safety regulators castigated the automaker over the pace....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Audi, BMW, Mercedes, Porsche commit to plug-ins

Dec. 1, 2014 06:15 CET
Audi, BMW, Mercedes and Porsche are among carmakers embracing plug-in hybrids as “the best of both worlds” as they eliminate the range anxiety that has hindered the purchase of full-electric cars and help carmakers cut CO2 emissions....
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'Investors do not want to have anything to do with Takata shares'

6:33 am U.S. ET | Dec. 1, 2014
Investors are piling into bets against Takata as the U.S. pushes for nationwide recalls to replace its faulty airbags and members of Congress prepare to renew their scrutiny of defects linked to five deaths....
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EDITORIAL

Discrimination? Share the data

12:01 am U.S. ET | Dec. 1, 2014
Did federal regulators use reliable data analysis to conclude that dealers may be discriminating in their lending practices? A new study commissioned by the American Financial Services Association, a lender group, challenges the statistical method used by the Consumer Financial Protection Bureau....
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Inside Takata, tantrums, but little sense of crisis over airbag recalls

10:17 am U.S. ET | Nov. 30, 2014
Shigehisa Takada, the third-generation head of Takata, shows little sense of the crisis engulfing the Japanese airbag maker at the center of one of the auto industry's biggest safety recalls, say people who have met him recently....
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Is NHTSA nominee up to the task?

12:01 am U.S. ET | Nov. 30, 2014
As an expert on human fatigue, Mark Rosekind is well-suited to steer NHTSA toward the era of autonomous driving and connected-car technologies. But in the near term, Rosekind will have to prove to members of Congress that he is up to the task of revitalizing an agency beset by lapses....
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EU will hint at future new-car CO2 targets

Nov. 28, 2014 06:01 CET
The European Commission next month will outline progress on future emission targets for new cars sold in the EU, giving automakers a clearer look at the billions of euros in investment that will be needed to meet tougher goals....
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JIM HENRY

Military ends paycheck deductions for car loans

12:01 am U.S. ET | Nov. 26, 2014
The Department of Defense last week made it impossible for service members to use the reliable but old-fashioned military allotment system to make auto loan payments -- a small-scale example of a couple of bad apples in auto lending ruining things for everyone else....
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Honda admits under-reporting serious U.S. accidents since 2003

4:00 pm U.S. ET | Nov. 24, 2014
American Honda failed to tell federal safety regulators about more than 1,700 claims of deaths or injuries linked to possible safety defects in its vehicles since 2003, when the law requiring the reports took effect, the automaker said today....
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Takata to face U.S. House hearing into airbag crisis

6:00 pm U.S. ET | Nov. 24, 2014
Takata and Honda executives will return to Capitol Hill next week to testify about the growing safety crisis surrounding Takata airbag inflators that may explode in a crash. A subcommittee of the House Energy and Commerce Committee scheduled a hearing for Dec. 3 to examine the management and response of the industry and auto safety regulators to the Takata airbag recalls....
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THE GM RECALL

Conviction of Saturn Ion driver thrown out after 10 years

1:00 pm U.S. ET | Nov. 24, 2014
A Texas judge today overturned a 7-year-old negligent homicide conviction against a woman whose boyfriend died when her Saturn Ion -- now known to have had a defective ignition switch -- crashed, her lawyer said....
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Study slams CFPB's proxy methodology

12:01 am U.S. ET | Nov. 23, 2014
The statistical method the Consumer Financial Protection Bureau uses to identify which consumers belong to minority groups correctly identified African-American borrowers only 24 percent of the time. That was one of the findings of a nearly yearlong study commissioned by the American Financial Services Association, a lender group with offices in Washington....
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Honda in talks with other suppliers for Takata airbag fix, report says

7:45 am U.S. ET | Nov. 22, 2014
Honda is in talks with two airbag suppliers to help it stock replacement parts for defective Takata Corp. airbags, The Wall Street Journal reported on Friday, citing people aware of the planning....
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Takata exec warns about ability to fix deadly airbag flaw

6:46 am U.S. ET | Nov. 21, 2014
An executive from Japan's Takata told lawmakers on Thursday the supplier is urgently trying to ramp up replacement parts for millions of vehicles fitted with potentially deadly airbags, but said it may not be able to move quickly enough....
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Fatigue-expert NHTSA nominee could mean more infotainment scrutiny

3:04 pm U.S. ET | Nov. 21, 2014
The nominee to lead the National Highway Traffic Safety Administration is an expert in fatigue and pilot alertness, which signals the auto industry’s drive to bring more Internet services and infotainment into cars should get intense scrutiny....
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NHTSA tells Marchionne to speed up Jeep recall fix

1:58 pm U.S. ET | Nov. 20, 2014
Chrysler Group CEO Sergio Marchionne was sent a stern letter Thursday from federal regulators to speed up repairs of recalled Jeep SUVs that face a heightened fire risk....
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THE GM RECALL

GM sued by Arizona on claims it hid safety defects

6:59 am U.S. ET | Nov. 20, 2014
Arizona filed a lawsuit against General Motors, claiming the carmaker put the public at risk by concealing safety defects to avoid the cost of recalls. Arizona was seeking an estimated $3 billion from GM, the New York Times reported....
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NHTSA's decision to decline Takata documents spurs criticism

10:53 am U.S. ET | Nov. 20, 2014
Five months after an exploding airbag killed a Virginia woman on Christmas Eve of 2009, the manufacturer offered the National Highway Traffic Safety Administration additional documents, but the agency said it was unnecessary because it has just closed its investigation....
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Airbag angst preceded U.S. demand for nationwide Takata recall

2:36 pm U.S. ET | Nov. 19, 2014
Consumer worries about the safety of their airbags played a key role in why federal regulators now are demanding that carmakers recall cars with Takata airbags nationwide -- even at the potential risk of endangering drivers who most urgently need replacements....
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JIM HENRY

Free advice for consumers can be worth the price

12:01 am U.S. ET | Nov. 19, 2014
There’s a bright spot for dealerships that do a lot of business with automakers’ captive finance companies and preferred lenders, data on the website Wallet Hub show: Car manufacturers (that is, captives) charge the lowest auto loan rates for new cars, at 40 percent below average....
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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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