Litigation and Regulations

Takata chief called to explain airbag crisis to Japan's industry ministry, report says

10:08 am U.S. ET | Dec. 3, 2014
Japan's powerful industry ministry has summoned Shigehisa Takada, chairman and CEO of Takata, to explain what the company is doing to resolve a crisis over potentially deadly airbags, two people with knowledge of the matter told Reuters....
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Takata investigated defective airbag inflator as early as 2003

9:26 am U.S. ET | Dec. 3, 2014
As early as 2003, Takata ran an investigation into an airbag inflator that ruptured in a BMW, but concluded the problem was an anomaly, the company said on Tuesday, ahead of a second congressional hearing today on dangerous airbags it supplied....
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Takata Mexico airbag plant inspection finds safety shortcomings

6:37 am U.S. ET | Dec. 3, 2014
Takata, the airbag supplier at the center of a recall crisis, was told by Mexico’s government to take 171 measures to improve health and safety at a plant tasked with making millions of replacement air bags....
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NHTSA says no need for national recall of passenger airbags

11:54 am U.S. ET | Dec. 2, 2014
The National Highway Traffic Safety Administration today confirmed that it is not yet ready to call for a nationwide recall of Takata-produced passenger airbags, easing fears that automakers could face shortages of replacement inflators. But the agency is sticking with its demand for a national recall of Takata driver-side airbag inflators -- a step the supplier has not yet supported....
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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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KEITH CRAIN

Recalls: Dealers in the hot seat

12:01 am U.S. ET | Dec. 1, 2014
Say you're a dealer. You have a new car on your lot and discover that the model has been recalled for a severe safety problem. Replacement parts may not be available for months. Are you supposed to just park it in the back lot? There are many knotty questions to sort out....
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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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PHILIP NUSSEL

Automakers can stop supplier price-fixing now, but will they?

12:01 am U.S. ET | Nov. 22, 2014
Auto supplier price-fixing is a global criminal epidemic that stifles fair competition, inflates the cost of components for automakers, erodes investor confidence and rips off the customer. The auto industry can make it all stop right now, but will they?...
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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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Chrysler says it will speed up recall repairs for Jeep SUVs

11:30 pm U.S. ET | Nov. 21, 2014
Chrysler Group said on Friday it was not satisfied with the speed of repairs of recalled Jeep SUVs that face a heightened fire risk and will enhance dealer communication and owner contact to accelerate the process....
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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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Honda admits failures in Takata airbag fiasco

2:36 pm U.S. ET | Nov. 20, 2014
A Honda executive told Congress today that the company failed to properly notify federal regulators of some crashes in which airbags made by Takata exploded and to clearly warn customers of the danger some vehicles could pose. He also acknowledged that the automaker still doesn't know for sure the extent of the problem but said it is working to find out and to make repairs as quickly as possible....
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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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Millions of cars need airbag fix as Senate grills auto industry

6:37 am U.S. ET | Nov. 20, 2014
The world's biggest automakers have fixed a fraction of almost 8 million cars recalled for Takata airbags, providing fuel for a Senate committee the grilled industry executives today for their handling of the crisis....
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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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DAVE GUILFORD

Ghosn sets the record straight on price-fixing conspiracy

12:53 pm U.S. ET | Nov. 20, 2014
In our package of stories on supplier price-fixing published Monday, one report said Carlos Ghosn inadvertently created the bid-rigging tradition. It was an intriguing scenario. But Carlos Ghosn begs to differ....
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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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BMW says its Takata inflator work moving from Mexico to Germany

7:21 pm U.S. ET | Nov. 19, 2014
Takata plans to shift production of BMW airbag inflators from Mexico to Germany, BMW said on Wednesday in a filing with federal safety regulators who have been probing questions about the quality of manufacturing at the plant....
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GM getting positive reviews on Wall Street despite record recalls

8:51 am U.S. ET | Nov. 19, 2014
If relative value means anything, GM may be the best buy in the auto industry. That, at least, is the consensus of bullish analysts, who are extolling the highest-quality vehicles in decades and operating margins to go with them, even as GM suffers a record recall of cars....
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Takata faces nationwide recall order for driver's-side airbags

5:30 pm U.S. ET | Nov. 18, 2014
Federal safety regulators are seeking to expand regional recalls of faulty driver's-side airbags made by Takata into a nationwide campaign, prompting the supplier to warn of potential parts shortages....
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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, 5th-generation dealer Jamie Richter, acting on his dad's advice, has taken luxury-hotel touches and applied them to his newly built showroom. Mon., December 15
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