Showing results 1 - 25 of 18854
ZF CEO: We're not chasing 10-speeds
MOTEGI, Japan -- Stefan Sommer, CEO of German supplier ZF Friedrichshafen AG, says his company won't follow rivals in pushing for 10-speed transmissions. Automakers have been adding gears to their automatic transmissions in a bid to boost fuel economy. Ford Motor Co. and General Motors have ...
Study slams CFPB's proxy methodology
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 ...
Frustrated senators blast Takata, signal more safety legislation
WASHINGTON -- Senators' frustration with what they see as an inconsistent and disorganized response to the Takata airbag recall crisis boiled over last week, signaling a push for more auto safety regulations. "These airbags failed, but the system failed equally, if not more," said Sen. Richard
Honda in talks with other suppliers for Takata airbag fix, report says
DETROIT (Reuters) -- Honda Motor Co. is in talks with "several" airbag suppliers to help it stock replacement parts for defective Takata Corp. airbags, The Wall Street Journal reported, citing people aware of the planning. The Japanese automaker, Takata's biggest customer the has recorded at least
Two-car households will decline, KPMG report predicts
Two-car households may be on the decline as urbanization increases, but they are far from disappearing, a KPMG report said this week. Fifty-seven percent of U.S. households have two cars or more, the accounting and consulting firm said. But, as people flock to cities, that number may go down to 43
Toyota to recall 422,000 Lexus vehicles in U.S. due to fuel leak
DETROIT (Reuters) -- Toyota Motor Corp. will recall 422,509 of its luxury brand Lexus vehicles in the United States because of a possible fuel leak that increases the risk of fire, U.S. regulators said today. The recall covers Lexus LS from model years 2007 to 2010, Lexus GS from 2006 to 2011 and
German builder of crash-test facilities forms China unit
Messring, a German manufacturer of crash-test facilities, formed a Chinese subsidiary dubbed Chongqing Messring Trading Co. The unit will build new crash-test facilities, upgrade and maintain existing facilities, and calibrate equipment. The wholly owned subsidiary is in the Beibu district of ...
Opel names new engineering chief
FRANKFURT -- Opel named Charlie Klein as its new engineering chief, promoting the executive from his current post as the brand's chief engineer for light commercial vehicles. Klein, 54, succeeds Michael Ableson, who is moving to the U.S. to head global product planning and program management at ...
Fatigue-expert NHTSA nominee could mean more infotainment scrutiny
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. More immediately, Mark Rosekind , nominated by ...
Suzuki plant in Hungary will return to double shifts ahead of Vitara launch, report says
BUDAPEST (Reuters) -- Suzuki will return to two-shift production at its plant in Hungary in December as it builds stocks of the new Vitara, the news agency MTI reported, quoting the unit's CEO, Ryoichi Oura. Suzuki unveiled the five-door Vitara subcompact SUV at the Paris auto show last month. The
Gestamp expects China to be its No. 3 market by 2015
Gestamp, a Spanish supplier of metal auto parts, predicts that by 2015 China will become its third-largest market worldwide, after Germany and Spain. In 2015, as much as 10 percent of Gestamp's global revenue will be generated in China, CEO Francisco Riberas said. Last week, Gestamp opened a ...
Volkswagen raises the stakes in China
Volkswagen's investment plans for the next five years tell one story very clearly andndash; the company is becoming ever more dependent on growth in China in its bid to overtake Toyota as the world's number one carmaker. For the first time in years, the planned increase in investment by VW's two ...
Ford says aluminum-bodied F-150's fuel economy rises up to 29%
DETROIT -- Ford Motor Co. said its aluminum-bodied F-150 pickup will get as much as 29 percent better fuel economy than its mostly steel predecessor as the automaker gambles with a new design for its top-selling and most profitable model. When equipped with a 2.7-liter EcoBoost engine, the truck ...
Takata exec warns about ability to fix deadly airbag flaw
WASHINGTON/DETROIT (Reuters) -- An executive from Japan's Takata Corp. told U.S. senators 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. The U.S. auto ...
Fuel cell vehicles: The only cars with potable exhaust?
TOKYO -- Toyota Motor Corp. pitches its new Mirai hydrogen fuel cell car as a godsend for the planet. Heat and water are its only byproducts, not climate-altering carbon dioxide. But just how clean is that exhaust water vapor? After all, there is artesian spring, pristine mountain stream water. ...
Chrysler says it will speed up recall repairs for Jeep SUVs
DETROIT (Reuters) -- Chrysler Group LLC 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. Responding after U.S. safety regulators said on Thursday ...
Ford F-150 mpg for 2015 is a mixed bag
In September, we crunched the numbers in an attempt to predict the fuel economy ratings for the aluminum-bodied 2015 Ford F-150 pickup. Turns out, we were pretty darn close. Today, Ford finally released those long-awaited official EPA numbers for its lightweight aluminum truck. Some of the gains ...
Honda Admits Airbag Reporting Failure (11/21/14)
Company says it didn't properly notify feds, faces fine; GM's new quality, purchasing chiefs; VW sits out Super Bowl; BMW i3 is all green.
Mercedes-Benz's first refusal right upheld
Mercedes-Benz USA has beaten all claims but one in a lawsuit challenging its use of the right of first refusal to block a dealership buy/sell deal in Fresno, Calif. The 9th U.S. Circuit Court of Appeals rejected the would-be buyers' claim that Mercedes tortuously interfered with their contract to
Crossover boom moves downscale; Toyota plans to join stampede
LOS ANGELES -- Honda Motor Co., Fiat Chrysler Automobiles NV and Mazda Motor Corp. all introduced smaller entries in the booming crossover market this week at the Los Angeles Auto Show as the industry seeks younger buyers. Honda's new HR-V, based on the subcompact Fit, expands the brand's ...
Hertz hires airline veteran Tague to revive company
(Bloomberg) -- Hertz Global Holdings Inc. named John Tague as its new CEO, appointing the manager credited with boosting sales at United Airlines to restore investors' confidence in the car-rental company plagued by an aging fleet and sloppy accounting. Tague, 52, who was formerly president and COO
Luxury brands go the way of free-trade coffee
LOS ANGELES -- Luxury automobiles typically offer customers a combination of high performance, advanced technology and plush comfort. But a new crop of upscale cars may offer wealthy car buyers something else: a clearer conscience. That trend was on display at the Los Angeles Auto Show, where Volvo
North America production downtime overtime - 11/24/14
North America production downtime overtime - 11/24/14
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
Ford stamping plant operations suspended after Buffalo snowstorms
After lake-effect snowstorms this week pounded Buffalo, N.Y., Ford's Buffalo Stamping Plant has suspended operations until employees are able to travel to work. "Due to the weather-related travel ban in Buffalo, Ford's Buffalo Stamping Plant has currently suspended operations. Along with the rest
Wilbur Ross steps down as chairman of IAC to take bank board spot
DETROIT -- Wilbur Ross, the billionaire turnaround artist who launched International Components Group in 2006, today said he is stepping down as IAC's board chairman to take a senior position at the Bank of Cyprus. Ross, who will be the bank's new vice chairman, resigned from IAC's board because ...