NEWS

Truck Sales Jump Nearly 13%

10/28/2014

Deliveries of commercial trucks across Europe climbed to 186,900 units in September from 165,700 a year earlier, industry group ACEA reports.

Ford Commits to $5 Billion Tune-Up For Lincoln Brand

10/28/2014

Lincoln MKS Ford Motor Co. has committed to invest at least $5 billion over the next five years to rev up its Lincoln brand with new models and a platform specifically designed for premium vehicles, sources tell Reuters.

Infotainment Woes Hurt Vehicle Reliability Ratings

10/28/2014

Struggles with balky infotainment controls are an increasing cause of eroding reliability ratings from car owners, according to Consumer Reports.

NHTSA Faces Overhaul After Botched Airbag Alert

10/28/2014

Pressure from Congress and the White House is pushing the National Highway Traffic Safety Administration to rethink how it responds to developing safety issues.

GM Tab for Recalls So Far This Year: $2.7 Billion

10/28/2014

General Motors Co. has spent $2.7 billion to repair some 32 million recalled cars and provide loaner vehicles to their owners so far in 2014, according to a regulatory filing last week as reported by Bloomberg News.

Le-Mounier to Head SKF Automotive

10/28/2014

Swedish bearings maker SKF Group has named Stephane Le-Mounier president of its SKF Automotive, effective Jan. 1.

GM to Make Volt’s Electric Drive in Michigan

10/28/2014

General Motors Co. is relocating production of the electric drive system for its next-generation Volt extended-range hybrid from Ramos Arzipe, Mexico, to the company's transmission plant in Warren, Mich.

Marussia F1 Team Goes into Administration

10/28/2014

The Marussia Formula One racing team has become the second F1 competitor in seven days to slip into insolvency.

Takata Apologizes for Airbag Recalls, Vows Better Quality Control

10/28/2014

Takata Corp. has pledged its full cooperation in overcoming quality lapses that have triggered the recall of some 16 million vehicles over the past six years to replace defective Takata airbags.

Car Production in Japan Drops Again

10/28/2014

Domestic car production in Japan declined 3% to 800,000 vehicles in September, marking the third consecutive month of year-on-year shrinkage, The Nikkei reports.