NEWS

Ex-Blackberry Chief to Head Powermat Wireless Charger Maker

11/18/2014

Powermat Technologies Ltd., the maker of wireless charging mats for cell phones and other personal electronic devices, has named former Blackberry Ltd.

Florida Family Sues Honda, Takata For Airbag Death

11/18/2014

The family of a woman who died in Orlando, Fla., last month after the airbag system in her 2001 Honda Accord exploded have sued Honda Motor Co. and airbag supplier Takata Corp.

Ranger Pickup Added to Ford Airbag Recall

11/18/2014

2005 Ranger Ford Motor Co. has broadened a recall of 58,700 vehicles launched in June to 85,000 units, all with Takata Corp. airbag inflators that might explode when triggered.

GM Extends Ignition-Switch Deadline as Toll Rises

11/18/2014

Kenneth Feinberg General Motors Co. will extend until Jan. 31 the deadline for victims of its flawed ignition switches to submit claims for compensation.

Mustang Driver Injured by Metal Fragment from Airbag

11/18/2014

2007 Mustang Investigators are looking into a report that the driver of a 2007 Mustang was injured in the leg earlier this year by a metal fragment ejected by the car's airbag.

Court Orders Marchionne Deposed in Jeep Lawsuit

11/18/2014

Sergio Marchionne A judge in Georgia has requested Fiat Chrysler Automobiles NV CEO Sergio Marchionne to give a videotaped deposition in a lawsuit involving a toddler killed in a fiery Jeep Grand Cherokee crash two years ago.

Ford Slows the Pace of New-Model Launches

11/18/2014

Mark Fields CEO Mark Fields says Ford Motor Co. has stretched out the pace of its new-model production launches to avoid making large numbers of flawed cars it must rework before shipping.

Porsche SE Warns of Possible Fines Over Failed VW Takeover

11/18/2014

Porsche Automobile Holding SE tells shareholders it may be ordered to repay "economic benefit" derived from its failed attempt to acquire Volkswagen AG four years ago.

Brembo Hikes Outlook as Profit Jumps 51%

11/18/2014

Brake maker Brembo SpA reports its third-quarter revenue climbed 12% to €439 million, and net profit surged to €30 million from €20 million in July-September 2013.

Florida Family Sues Honda, Takata Over Airbag Explosion

11/18/2014

The family of a woman who died in Orlando, Fla., last month after the airbag system in her 2001 Honda Accord exploded have sued Honda Motor Co. and airbag supplier Takata Corp.