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NHTSA Orders Takata to Document Airbag Recalls
10/31/2014The 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.
Ford Partners with Mishor 3D on Nav Display Technology
10/30/2014Ford Motor Co. is working with Israel's Mishor 3D Ltd. to tailor the Israeli company's head-up display technology to future Ford vehicles, The Wall Street Journal reports.
Russian Billionaire Buys Nurburgring Race Track
10/30/2014Viktor Kharitonin, chairman of Moscow-based Pharmstandard OJSC, has agreed to buy control of Germany's famed Nurburgring race track.
Germany Proposes Autobahn Fee for Foreign Users
10/30/2014The German government wants to charge foreigners who use its high-speed autobahn highways as much as €130 per year, Bloomberg News reports.
SAIC’s Quarterly Profit Up 5%
10/30/2014SAIC Motor Corp., China's largest carmaker, posted a net profit in the third quarter of 6.8 billion yuan ($1.1 billion) compared with 6.5 billion yuan in July-September 2013, Bloomberg News reports.
Earnings Soar for Johnson Controls
10/30/2014Johnson Controls Inc.'s net income in the fiscal fourth quarter ended Sept. 30 surged to $346 million from $139 million a year earlier.
JLR to Make Discovery Sport in Brazil
10/30/2014Jaguar Land Rover says its Land Rover Discovery Sport SUV will be one of the models it makes at the assembly plant it plans to open in Itatiaia, Brazil, in 2016.
AAA Joins Call for NHTSA Overhaul
10/30/2014AAA is demanding a review of the National Highway Traffic Safety Administration's "broken" approach to managing vehicle recalls.
Ford to Recall Crossovers for Fuel Tank Leaks
10/30/2014Ford Motor Co. is recalling 204,400 of its 2007-2008 model Ford Edge and Lincoln MKX crossovers in North America's snow belt to repair a fuel tank bracket that could corrode and cause a fuel leak. 2008 Lincoln MKX The campaign will cover vehicles sold in 21 northern states, the District of Columbia and six Canadian provinces. 2008 Ford Edge
Report: Next-Generation Jeep Wrangler Will Get Aluminum Body
10/30/2014Fiat Chrysler Automobiles NV has decided to fit the next-generation Jeep Wrangler SUV with an aluminum body, according to Automotive News, which cites unnamed sources.