NEWS

Takata Will Phase Out Ammonium Nitrate Airbag Propellant

6/3/2015

Takata Corp. plans a rapid "transition" away from ammonium nitrate, the volatile explosive it used in 34 million airbag inflators now being recalled by 11 car and truck manufacturers in the U.S., Automotive News reports.

Mercedes, Boat Maker Offer Surf & Turf Combo

6/2/2015

One by land, one by sea and both are designed for speed.

U.S. Car Sales Rate Surges to 17.8 Million

6/2/2015

Sales of new cars and light trucks in the U.S. expanded slightly to 1.64 million last month from 1.61 million in May 2014, Autodata Corp. reports.

NHTSA Safety Advisory Targets “Pedal Error”

6/2/2015

Drivers accidentally stepping on the accelerator pedal cause about 16,000 accidents per year in the U.S., according to a study commissioned by the National Highway Traffic Safety Administration.

India Lowers Interest Rate Again

6/2/2015

The Reserve Bank of India has trimmed its key lending rate to 7.25% from 7.5%. It was the central bank's third reduction this year.

Eurozone Inflation Rate Turns Positive

6/2/2015

The annualized inflation rate in the eurozone climbed to 0.3% in May from zero in April, Eurostat reports.

Car Sales Drop in Germany, France But Gain in Italy, Spain

6/2/2015

New-car deliveries in Germany fell 7% to 256,400 units in May, which had two fewer selling days this year, according to the country's transport authority.

Mitsubishi Adds Smartphone Connectivity

6/2/2015

Mitsubishi Motors Corp. will launch its Smartphone Link Display Audio (SDA) system this summer in Europe on its Pajero flagship SUV (sold as the Montero or Shogun in some markets).

Report: FCA Is Delaying Many U.S. Vehicle Programs

6/2/2015

Parts suppliers tell Reuters that Fiat Chrysler Automobiles NV has delayed the redesign or release of at least 12 current or future vehicles in North America.

Opel Unveils Redesigned Astra

6/2/2015

General Motors Co.'s Opel unit has revealed details about its all-new Astra five-door hatch.