NEWS

Nissan Sales Drop 12% in Asia/Oceania

6/23/2014

Nissan Motor Co. reports its sales in Asia outside Japan, China and India fell to 19,800 units last month from 22,400 units in May 2013.

BMW Will Extend Partnership with Brilliance China to 2028

6/23/2014

BMW AG says it will extend its carmaking alliance with Brilliance China Automotive Holdings Ltd. for another 10 years when the current partnership agreement expires in 2018.

Honda, Nissan Add 2.2 Million Vehicles to Takata Airbag Recall

6/23/2014

Honda Motor Co. and Nissan Motor Co. are recalling a combined 2.2 million vehicles to replace faulty airbag inflators supplied by Takata Corp.

Vauxhall Prepares to Boost Van Production

6/23/2014

General Motors Co.'s Vauxhall unit is preparing to add a second shift and increase output of Vivaro commercial vans nearly 50% at its factory in Luton, England, the Financial Times reports.

GM Shift on Engine Stalling May Prompt New Recalls

6/23/2014

General Motors Co. CEO Mary Barra says the company has decided to treat any engine stalling problem as a safety issue.

Carmakers: Wireless Spectrum Sharing Bill Could Threaten Safety

6/23/2014

Foreign carmakers say proposed legislation to share broadcast spectrum currently reserved for car-to-car connectivity could jeopardize upcoming safety systems, The Detroit News reports.

New Powertrain Boosts Hyundai Sonata Fuel Economy 14%

6/23/2014

Hyundai Motor Co. says its new 1.6-liter "Gamma" engine and 7-speed dual-clutch transmission will give the South Korean carmaker's 2015 Sonata midsize sedan a U.S. city/highway/combined fuel economy rating of about 28/38/32 mpg.

Ford Unveils Ultra-Compact Knee Airbag System

6/23/2014

Ford Motor Co. will debut a new knee airbag system for front-seat passengers in the 2015 Mustang sport coupe that is dramatically smaller, lighter and simpler than conventional systems.

TI Automotive Arranging New Debt to Fund Dividend?

6/23/2014

Ti Automotive Ltd.'s owners are setting up a $1.25 billion loan to refinance the company's debt and pay themselves a $435 million dividend, says Bloomberg News, which cites unnamed sources.

Germany Ponders “Black Box” Recorders for Self-Driving Vehicles

6/20/2014

Carmakers in Germany are discussing the idea of equipping future self-driving cars with data recorders to help fix liability if such vehicles crash, Reuters reports.