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Honda Debuts Multi-Function Driver Assist System
10/27/2014Honda Motor Co. is introducing a new driver-assist feature that recognizes road signs, brakes automatically and provides corrective steering, false start prevention and adaptive cruise control with automatic low-speed follow.
NHTSA Faces Overhaul After Botched Airbag Alert
10/27/2014Pressure from Congress and the White House is pushing the National Highway Traffic Safety Administration to rethink how it responds to developing safety issues.
Ecclestone Backs Sale, Return of Caterham F1 Team
10/27/2014Formula One czar Bernie Ecclestone favors the sale of bankrupt Caterham Sport Ltd. and is willing to let the team miss the next two races while a new owner is found, The Financial Times reports.
Russia May Extend Sales Incentives
10/27/2014Russia's Industry and Trade Ministry says it may continue sales incentives for new cars and other vehicles into 2015 to bolster sagging demand.
Canada Loses Bid for Ford Engine Work
10/27/2014Ford Motor Co. has decided to move ahead with plans to build a $2 engine factory in Mexico rather than investing to expand existing operations at its Essex Engine plant in Windsor, Ont., according to Unifor, Canada's largest private-sector union.
Volvo Truck Accelerates Cost Cutting Effort
10/27/2014AB Volvo says a new efficiency drive affecting its construction equipment, truck sales and IT operations next year will cut full-year costs by 3.5 billion kronor (€381 million) in 2016.
GM Prevails on Dismissal of Spyker Lawsuit Over Saab
10/27/2014A U.S. appeals court in Ohio has upheld a lower court ruling in 2013 that said General Motors Co. did not intentionally interfere with efforts by Spyker NV to sell the Dutch company's Saab Automobile unit.
Delphi’s Earnings Rise 13%
10/24/2014Delphi Automotive plc reports its revenue grew 3% to $4.1 billion and net income jumped 13% to $305 million in the third quarter of 2014.
Lear Adds Four Factories in China
10/24/2014Seating and electrical systems specialist Lear Corp. tells AutoBeat Asia it will add four plants and expand five others in China over the next two years to pace the country's growing automotive market.
Airbag Software Flaw Prompts Big Audi Recall
10/24/2014Audi AG is recalling about 850,000 of its A4 models to reprogram software that could prevent front airbags from deploying in a crash.