NEWS

U.S. Highway Fatality Rate Plunges

1/29/2015

The likelihood of dying in a crash in a late-model passenger vehicle is two-thirds the rate three years ago, according to the Insurance Institute for Highway Safety.

Ford’s Sales, Quarterly Earnings Drop

1/29/2015

Ford Motor Co.'s worldwide vehicle deliveries slipped 2% to 1.58 million units in the fourth quarter of 2014.

Tesla Tests Battery-Swap Option

1/29/2015

Tesla Motors Inc. is pilot-testing technology it says eventually will be able to swap the battery pack in one of the company's Model S electric sedans in less than one minute.

Auto Industry Demand Bolsters Aluminum Prices

1/29/2015

Growing use of aluminum as a weight-saving material in cars is helping the metal maintain its price in a commodities market where other materials are in a slump, Bloomberg News reports.

Renault Sets Production Targets for Alpine Sports Car

1/28/2015

Renault SA tells Reuters it expects to make 5,000 Alpine sports cars in 2017 when the relaunched model debuts.

Ford Recall Targets Door Handle, Seatbelt Flaws

1/28/2015

Ford Motor Co. dealers will fix 205,000 of its 2010-2013 model Lincoln MKS and Ford Taurus and Police Interceptor sedans in the U.S. to fix interior door handle mechanisms that could fail and allow the door to open in a side-impact crash.

Nissan Calls Back Nearly 768,000 SUVs Worldwide

1/28/2015

Nissan Motor Co. is launching two worldwide recalls to fix faulty hood latches and electrical problems in about 768,000 of its Rogue, Pathfinder and Infiniti SUV/crossover vehicles.

Japan’s Sanden Fined for A/C Price Fixing in U.S.

1/28/2015

The U.S. Dept. of Justice says Sanden Corp. in Gunma, Japan, has agreed to plead guilty and pay a $3.2 million criminal fine for conspiring in 2008-2009 to fix prices for air conditioner compressors sold to Nissan Motor Co. in the U.S.

GM Won’t Extend Deadline for Ignition-Switch Claims

1/28/2015

General Motors Co. has rejected a request from two U.S. senators to extend its program to compensate victims of its faulty ignition switches beyond the current Jan. 31 deadline.

FCA’s Pretax Profit Soars in Fourth Quarter

1/28/2015

Fiat Chrysler Automobiles NV reports last year's fourth-quarter earnings before interest and taxes jumped to nearly €1.1 billion from €460 million in the same period of 2013.