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U.S. Economy Expanded 3.9% in Third Quarter
11/26/2014America's economy, which grew 4.6% in the second quarter, expanded by an upwardly revised 3.9% in July-September, according to the U.S.
Mazda Recalls Sedans with Defective Tire Pressure Monitors
11/26/20142015 Mazda6 Mazda Motor Corp. is recalling 99,700 of its 2014-2015 model Mazda6 sedans in the U.S. to reprogram tire pressure monitoring systems that don't respond if all four tires slowly lose air.
Mercedes Unveils CLA Shooting Brake
11/26/2014Daimler AG will expand its CLA line of A-segment Mercedes-Benz cars in March with its smallest wagon yet, the sporty CLA Shooting Brake.
Japan Forms Task Force to Monitor Takata Recalls
11/26/2014Japan's transport ministry is forming a special group to track multiple recalls in the country to replace more than 2.5 million faulty Takata Corp. airbag inflators that could explode when triggered.
Pioneer Targets Acquisitions to Bolster Auto Strategy
11/26/2014Susumu Kotani Pioneer Corp. tells the Nikkei it plans to form partnerships and make acquisitions to strengthen its new and exclusively automotive focus.
Volvo Truck Books €400 Million for Possible Antitrust Fine
11/26/2014AB Volvo says its fourth-quarter income will be hurt by a €400 million provision made by the company ahead of the outcome of a European Union investigation into possible antitrust violations by the region's commercial truckmakers.
Telematics Services Could Surpass $7 Billion by 2019
11/26/2014Worldwide demand for in-car telematic services is likely to grow from roughly $2 billion today to $5 billion in five years and could reach $7.3 billion by then, Strategy Analytics Inc. predicts.
Toyota Plans Aluminum-Intensive Bodies for Lexus Models
11/26/2014Toyota Motor Corp. is preparing to switch from steel to lighter-weight aluminum exterior body panels for its Lexus luxury cars beginning in 2017, according to The Nikkei, which cites no sources.
Young Drivers Flock to India’s Low-Cost Car-Share Services
11/26/2014Indian companies offering low-cost rental cars by the hour are attracting young consumers eager to avoid the cost and care of owning their own vehicles, Bloomberg News reports.
Mazda Recalls Sedans with Defective Tire Pressure Monitors
11/26/2014Mazda Motor Corp. is recalling 99,700 of its 2014-2015 model Mazda6 sedans in the U.S. to reprogram tire pressure monitoring systems that don't respond if all four tires slowly lose air.