Regulation

LINDSAY CHAPPELL

Beyond the headlines, humdrum recalls annoy consumers

12:01 am U.S. ET | Dec. 22, 2014
The year has been monopolized by headlines about General Motors ignition-switch recalls and Takata airbag recalls. But a broader perspective is in order....
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U.S. auto recalls top 60 million as response to defects shift

9:38 am U.S. ET | Dec. 20, 2014
Automobile recalls surpassed the 60 million mark in the United States for the first time in a single year, largely because of the rush to prevent more deaths from defective General Motors ignition switches and Takata airbags....
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JAMES B. TREECE

Regulation vs. technology -- why are U.S. roads getting safer?

9:21 am U.S. ET | Dec. 20, 2014
Here's some good news you didn't read much about this year: US roads are safer. The number of people who died in traffic crashes fell 3 percent in 2013, the National Highway Traffic Safety Administration said on Friday....
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U.S. traffic fatalities fell 3% in 2013, return to record low rate

2:17 pm U.S. ET | Dec. 19, 2014
The number of people who died in traffic crashes fell 3 percent in the United States to 32,719 fatalities in 2013, the National Highway Traffic Safety Administration said today, crediting a combination of stricter regulation and advanced safety technology....
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Mercedes recalls 8,279 Sprinter vans in U.S. for possible oil leak

11:02 am U.S. ET | Dec. 19, 2014
Mercedes-Benz is recalling 8,279 Sprinter vans in the United States because of a potential oil leak that would increase the risk of a fire or a stalling engine, according to documents filed by federal safety regulators....
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Takata CEO takes out newspaper ads in reaction to airbag crisis

6:57 am U.S. ET | Dec. 18, 2014
Takata, the embattled airbag maker, stepped up its response to a global auto-safety crisis by distributing an open letter from its CEO in U.S. and German newspapers....
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Takata says it has sufficient funds to deal with recalls

10:27 pm U.S. ET | Dec. 17, 2014
Airbag maker Takata has sufficient funds to deal with a global recall that has climbed to about 21 million vehicles after five deaths linked to its products, the company's CEO told the Nikkei newspaper....
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JIM HENRY

Will the CFPB redefine “larger”?

12:01 am U.S. ET | Dec. 17, 2014
Auto industry watchers that formally weighed in on the Consumer Financial Protection Bureau’s definition of “larger” auto lenders took predictable positions before the public comment period closed last week....
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The road ahead for NHTSA's new chief

10:30 pm U.S. ET | Dec. 16, 2014
Mark Rosekind, confirmed to head the National Highway Traffic Safety Administration, faces immediate pressure to take a tougher stance with automakers and suppliers on safety matters, reset the agency's culture and manage the coming wave of autonomous-vehicle and other advanced technologies....
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Honda recalls 569,000 vehicles in China over Takata airbags

6:49 am U.S. ET | Dec. 16, 2014
Honda is calling back about 569,000 vehicles in China to investigate potential defects with airbags made by Takata, underscoring the global reach of the safety crisis after similar campaigns in the US, Canada and Japan....
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THE GM RECALL

GM approves 4 more death claims for recall comp fund

11:21 am U.S. ET | Dec. 15, 2014
Claims for compensation from a faulty ignition switch in General Motors vehicles rose by 64 filings in the last week and GM has approved four more death claims attributed to the defective switch, according to an official report issued today....
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Takata tightens screws on suppliers as airbag crisis mounts, report says

8:05 am U.S. ET | Dec. 14, 2014
Takata has begun enforcing tighter quality controls on a group of parts suppliers as the auto safety equipment maker boosts production to replace millions of air bags recalled for a potentially deadly defect, people familiar with the situation told Reuters....
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JAMES B. TREECE

FTC finds fine print too fine, imposes fines

12:01 am U.S. ET | Dec. 14, 2014
Dealers should remember Americans are getting older. And while smartphone screens are getting bigger, they're still dinky compared to that big-screen TV on your wall. Think big print....
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JIM HENRY

Who distorted what? Wording of CFPB statement will get its own investigation

11:30 am U.S. ET | Dec. 10, 2014
The ombudsman’s office for the Consumer Financial Protection Bureau said it would conduct an independent review into complaints that the CFPB’s press releases don’t match the consent orders they describe -- something auto finance insiders have complained about bitterly but privately, for fear of provoking the bureau.
...
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Mazda recall of Takata airbags to be expanded nationwide

7:41 am U.S. ET | Dec. 9, 2014
Mazda will soon expand a recall of vehicles in the U.S. involving potentially defective airbags from Takata, the automaker said today....
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Hyundai recalls 42,925 Genesis, Equus sedans in U.S. for brake lights

9:14 am U.S. ET | Dec. 9, 2014
Hyundai is recalling 42,925 sedans in the U.S. due to potentially faulty brake lights, according to documents filed with U.S. safety regulators....
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U.S. judge stalls Takata class action as jurisdiction gets decided

6:43 am U.S. ET | Dec. 9, 2014
Consumers can't immediately pursue a lawsuit against Takata and multiple carmakers claiming loss of vehicle value tied to airbag recalls while awaiting a decision that would combine more than 50 cases before one judge....
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Takata brass waits in the bunker as airbag crisis grows

12:01 am U.S. ET | Dec. 8, 2014
Takata promoted Swiss-born Stefan Stocker to president last year to inject global thinking and openness into the insular, family-dominated Japanese supplier. But the company has been anything but transparent in its response to the worldwide uproar over exploding airbag inflators....
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THE GM RECALL

Two more deaths eligible for GM compensation

1:26 pm U.S. ET | Dec. 8, 2014
Claims deemed eligible for compensation from a faulty ignition switch in General Motors vehicles rose slightly in the last week, including two additional deaths attributed to the defective switch, according to an official report today....
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Honda captive may face loan-bias penalty

12:01 am U.S. ET | Dec. 8, 2014
American Honda Finance Corp. disclosed that the Consumer Financial Protection Bureau and U.S. Department of Justice have concluded the company was responsible for illegal discrimination in pricing auto loans and could be disciplined unless it reaches a settlement with the federal agencies....
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KEITH CRAIN

Takata just doesn't get it

12:01 am U.S. ET | Dec. 8, 2014
Takata has become the poster child for how to mishandle recalls and customers. Company executives seem to be stonewalling their automaker customers, then stonewalling federal regulators and, finally, stonewalling Congress....
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NHTSA criticizes Chrysler for limited expansion of recalls

5:13 pm U.S. ET | Dec. 5, 2014
Chrysler Group's decision to limit an expansion of an earlier recall of vehicles with possibly defective passenger-side airbag inflators made by Takata has put drivers at risk, the National Highway Traffic Safety Administration's top official said Friday....
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Defiant Takata puts onus on carmakers for U.S.-demanded recalls

1:32 pm U.S. ET | Dec. 4, 2014
Takata's refusal to comply with a federal demand to widen its airbag recall leaves regulators in a quandary: take the parts supplier to court or try to convince automakers to do the job instead....
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NHTSA nominee Rosekind pledges tougher stance, 'common sense'

2:28 pm U.S. ET | Dec. 4, 2014
Mark Rosekind pledged to make the National Highway Traffic Safety Administration a tougher auto safety watchdog if confirmed as the agency’s new administrator....
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Honda's escalating airbag crisis frays half-century ties

6:35 am U.S. ET | Dec. 4, 2014
Honda signaled a growing rift in its more than 50-year relationship with airbag maker Takata, as the automaker struggles to contain a crisis that's killed five motorists in its cars....
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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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