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U.S., Asia Sales Boost Honda’s Results
11/4/2015Honda Motor Co. says cost cutting, coupled with strong sales in Asia and North America, boosted its net profit in July-September 7% to 128 billion yen ($1.1 billion).
2017 Mazda CX-9 Crossover Adds Style, Skyactiv Engine
11/4/2015Mazda Motor Corp.’s next-generation CX-9 crossover vehicle will feature the company’s Kodo design language and latest “Skyactiv” powertrain technologies.
Honda Abandons Takata as Supplier of Airbag Inflators
11/4/2015Honda Motor Co. is dropping Takata Corp. as a supplier of front airbag inflators after U.S. regulators announced earlier this week the company misrepresented and manipulated test data for some of the devices, Reuters reports.
Toyota Shuffles Production in Japan
11/4/2015Toyota Motor Corp. is reassigning production at several of its domestic plants to geographically concentrate output of similarly sized vehicles, The Nikkei reports.
Renault Board to Discuss Power Struggle with French Government
11/4/2015Renault SA’s directors plan an emergency meeting on Friday to review the rising power struggle with the French government for control of the company, Reuters reports.
VW Used Big Discounts to Avoid U.S. Sales Slide
11/4/2015Volkswagen AG used heavy incentives in the U.S. last month to avoid a sales slide caused by its diesel engine scandal, Automotive News reports.
Tesla’s Losses Triple as Deliveries Rise
11/3/2015Tesla Motors Inc.’s third-quarter revenue rose 10% to $937 million, and deliveries of its electric cars jumped 49% to 11,600 units.
U.S. Car Sales Hit 18.3 Million Annual Rate in October
11/3/2015Carmakers delivered 1.46 million passenger vehicles in the U.S. in October, up nearly 14% from the same month last year, according to Autodata Corp.
Takata Pays $70 Million, Agrees to Change Airbag Inflator Chemistry
11/3/2015Takata Corp. has agreed to pay a $70 million fine for its delay in reporting defective airbag inflators that could explode when triggered.
VW Says it Inflated Fuel Economy Ratings for 800,000 Vehicles
11/3/2015Volkswagen AG reports it has overestimated the fuel efficiency ratings of about 800,000 of its diesel- and gasoline-powered vehicles.