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Toyota recalls more cars for potentially dangerous Takata airbags
TOKYO (Reuters) -- Toyota Motor Corp. said today it would recall 57,000 vehicles globally, including 6,000 cars in Europe, to replace potentially deadly airbags made by Takata Corp., as a safety crisis around the Japanese supplier looks far from being contained. Toyota's action follows a recall by
Infiniti designers imagine a 2029 concept
NASHVILLE -- Infiniti reached deep into science fiction for the Synaptiq design concept at the Los Angeles Auto Show. The theoretical concept for 2029, sketched and conceived for the show's Design Challenge, can fly. Infiniti designers imagined a vehicle triathlon that includes air, rally and ...
Chrysler says airbag recall to start earlier than planned
DETROIT (Reuters) -- Chrysler Group will send recall notifications to owners of vehicles equipped with potentially defective Takata Corp. airbags nearly two weeks earlier than planned, the company said late Wednesday. But Chrysler said it will not decide whether to expand the regional recall, as ...
Halla mulls buying back Visteon stake in climate control unit
SEOUL (Bloomberg) -- Halla Holdings Corp. CEO Im Kee Young said he's still considering buying back the group's former car heater and air conditioner maker after a buyout fund agreed to acquire a stake in the business, Halla Visteon Climate Control Corp. Hahn and Co.'s offer for 70 percent of the ...
Secretive Lexus LFA workshop now makes Toyota Mirai fuel cell sedan
TOKYO -- Toyota Motor Corp. has struggled to fill the void at the secretive workshop in Japan where the Lexus LFA was assembled ever since the last $375,000 sports car rolled off a line in December 2012. Now, it finally has landed a new product, one just as niche and high profile: Toyota's new ...
Mercedes-AMG to add entry line to help double sales
AFFALTERBACH, Germany -- Daimler performance subbrand Mercedes-AMG aims to double sales in the next three years by offering a cheaper product line to narrow the price gap with Mercedes-Benz cars. The first two models from the new AMG Sport family will premiere at the Detroit auto show in January ...
Honda recalled cars with Takata airbags in 2002, documents show
DETROIT (Reuters) -- Honda Motor Co. recalled a small number of cars equipped with Takata Corp. airbags in March 2002, two years before the first known injury that Honda and Takata have linked to a defective airbag inflator. In its March 2002 recall notice, retrieved by Reuters during a search of
Tony Johnson, backer of Saleen and major suppliers, dies at 74
Tony Johnson, co-founder of Hidden Creek Industries, a private company that acquired, sold and backed some of the auto industry's biggest suppliers and boutique car builders, died Nov. 16. He was 74. Hidden Creek Industries, based in Minneapolis, became a powerhouse in the automotive supply ...
Opel is succeeding in restoring poor image, exec says
BERLIN -- Opel is succeeding in turning around its tattered image in Germany, the brand's marketing chief Tina Mueller said. General Motors' money-losing brand has been harmed in its key home market by bad publicity over job losses and the closure of the Bochum factory. But a major marketing ...
Audi makes Q3 greener to keep lead over BMW X1
MUNICH -- The Audi Q3 will get more efficient powertrains with technology such as the crossover's first use of fuel-saving cylinder deactivation as part of the model's mid-cycle refresh. The revised Q3, which will launch in Europe in February and later in the year in the U.S., also will offer a ...
Toyota says RAV4 improves in key overlap front crash test
TOKYO -- A year after Toyota's RAV4 crossover was denied an influential top safety rating, an updated design underwent new crash testing this week that engineers promise will deliver high honors and redeem the nameplate's reputation. The tests, performed Tuesday by the Insurance Institute for ...
Bad weather will shape future retailing
Six feet of snow in Buffalo. And then a seventh. And then floods of melted snow. November blizzards up the East Coast just in time to ruin Black Friday sales. They call all this "freakish" weather. But is it? Or is it that science-fictiony "climate change" thing that alarmists are always warning is
Feds Order Full Takata Airbag Recall (11/26/14)
Failure may lead to fines of $7K per violation; Mini lineup to shrink; Toyota autonomous tech; hot Nov. sales for Chrysler?
India may extend tax breaks for carmakers beyond 2014, report says
NEW DELHI (Reuters) -- India may extend excise duty concessions for carmakers beyond Dec. 31, a finance ministry source said today, as the industry continues to struggle with sluggish demand due to high interest rates. "Car sales are down. The government could extend tax relief to the auto sector
Senate panel plans Dec. 3 hearing on NHTSA nominee Rosekind
The Senate Commerce, Science, and Transportation Committee will hold a hearing next week to consider the nomination of Mark Rosekind, a human fatigue and pilot-alertness expert, to become the head of the National Highway Traffic Safety Administration. President Barack Obama nominated Rosekind just
North America production downtime overtime - 12/01/2014
North America production downtime overtime - 12/01/2014
7.73 7.68 7.75
Week ending Aug. 16
Toledo (Ohio) North truck
Toledo (Ohio) Supplier Park truck
Ford Motor Co.
Kansas City (Mo.) Truck truck
Kentucky Truck (Louisville) truck
UAW members rally in Toledo to keep Wrangler output; city urged to buy land
TOLEDO -- UAW members here rallied before Toledo's city council Tuesday asking the city to approve the purchase of industrial land needed for the potential expansion of the assembly plant that makes the hot-selling Jeep Wrangler. What was unusual is that the rally of about 100 members from UAW ...
Japanese regulators to oversee Takata recalls, investigate Honda's recall errors in U.S.
TOKYO (Bloomberg) -- Japan's transport ministry will form groups to oversee airbag recalls tied to Takata Corp. and probe Honda Motor Co. for underreporting faults in the U.S., adding to regulatory scrutiny of the two companies. Transport Minister Akihiro Ohta ordered the formation of a special ...
U.S. auto loan originations at highest level in 9 years, N.Y. Fed says
NEW YORK (Bloomberg) -- Americans took out the most auto loans in nine years during the third quarter, according to the Federal Reserve Bank of New York's quarterly Household Debt and Credit Report. Loan originations for new and used cars totaled $105 billion, the highest amount since the third ...
Chrysler pressed by NHTSA to move faster on Takata airbag recall
WASHINGTON (Bloomberg) -- U.S. regulators told Fiat Chrysler Automobiles to speed up its recall of airbags with faulty inflators linked to at least five deaths. The National Highway Traffic Safety Administration said in a letter Tuesday to the company that it should begin its recall of cars with ...
VW Credit, Lincoln Financial tops in consumer satisfaction; captives sweep financing study
Website enhancements and a consumer invoice redesign paid off for Volkswagen Credit, which ranked tops among mass-market lenders in the J.D. Power 2014 U.S. Consumer Financing Satisfaction Study . VW Credit garnered 836 out of 1,000 possible points to best Ford Credit, which came in second at 835,
GM ordered to produce ex-CEO Wagoner's 2009 performance review
NEW YORK -- A U.S. judge told General Motors to give customers any portions of former CEO Rick Wagoner's 2009 performance evaluation that relate to recalls and ignition-switch issues. Wagoner may have watched a presentation showing stalling by the Chevrolet Cobalt about three weeks before he was ...
Takata airbag rupture in Japan signals more automaker recalls
TOKYO (Bloomberg) -- Japan's transportation ministry said a Takata Corp. airbag ruptured in a model not covered by existing recalls, suggesting automakers may have to expand safety campaigns to replace the devices linked to five deaths. The airbag from a 2003 car ruptured during testing of devices
BMW, Audi lead shift from mass-market to luxury car output in Mexico
MEXICO CITY (Bloomberg) -- Mexico's relationship with German car production began nearly 50 years ago with output of Volkswagen's mass-market Beetle. Now it's becoming a place where high-end BMW, Audi and Mercedes-Benz cars roll out of billion-dollar factories. By decade's end, Mexico will claim ...
Military ends paycheck deductions for car loans
The U.S. 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. In 2013 the CFPB accused an