NEWS

Self-Driving Cars Gaining Global Interest

11/3/2014

A new consumer survey finds widening worldwide interest and growing acceptance of vehicles that can drive themselves.

New Takata Airbag Threat Leads to Infiniti Recall

11/3/2014

2014 Infiniti QX56 A new manufacturing flaw involving Takata Corp. airbag inflators has prompted Nissan Motor Co. to recall 2013-2014 model Infiniti QX56/QX80 large crossovers.

NHTSA Orders Takata to Document Airbag Recalls

11/3/2014

The National Highway Safety Administration has threatened Takata Corp. with a $35 million fine if it fails to answer 36 questions about defects in its airbag inflators that have triggered the recall of 7.8 million vehicles.

SUVs to Deliver 29% of Ford Sales by 2020

11/3/2014

Ford Escape Ford Motor Co. says SUVs and crossover vehicles will account for 29% of its worldwide sales volume by 2020, up from 17% in 2012 and 23% last year.

Mazda’s Profits Double

11/3/2014

Mazda Motor Corp.'s sales in the company's fiscal second quarter ended Sept. 30 grew 6% to 350,000 units.

Ferrari Fined in U.S. for Not Filing Safety Reports

11/3/2014

Ferrari California Ferrari SpA has been fined $3.5 million (€2.8 million) for failing to file quarterly "early warning" reports about possible safety problems with the U.S. over the last three years.

Mercedes AMG to Buy 25% of Motorcycle Maker MV Agusta

11/3/2014

Daimler AG's Mercedes-AMG performance unit is acquiring a 25% stake in Italian high-performance motorcycle manufacturer MV Agusta SpA that includes collaboration on sales and marketing.

Denso Sales Up, Income Down

11/3/2014

Denso Corp. reports its consolidated net sales rose 4% to 2.1 trillion yen ($18.9 billion) in April-September.

Nissan Cuts Sales Target for China

11/3/2014

Nissan Motor Co. now expects its sales volume in China will be flat at 1.22 million vehicles in the current fiscal year, The Nikkei reports.

Growth in China’s Manufacturing Sector Slows

11/3/2014

Expansion of manufacturing activities in China slowed in October, according to the country's officially sanctioned Purchasing Managers Index.