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NHTSA Launches Probe of Honda Side Airbags
2/4/2014The U.S. National Highway Traffic Safety Administration is investigating complaints that side airbags in 2008 model Honda Accord midsize cars deploy when they shouldn't.
Two GM Directors to Leave Board
2/4/2014General Motors Co. says in a regulatory filing that two of its board directors will leave this summer.
Car Sales Rise 7% in Germany, 3% in Italy
2/4/2014New-car registrations in Germany grew to about 206,000 last month from 192,100 in January 2013, according to importer trade group VDIK.
U.S. Recalls Totaled 22 Million in 2013
2/4/2014Carmakers conducted 632 campaigns to recall nearly 22 million vehicles in the U.S. last year, according to the National Highway Traffic Safety Administration.
Toyota Earnings Surge Almost Fivefold
2/4/2014Toyota Motor Corp.'s net income in its October-December fiscal third quarter jumped to 526 billion yen ($5.2 billion) from 100 billion yen a year earlier, aided by favorable exchange rates that accounted for half the total.
New Refrigerant Deemed “Greener” than CO2
2/4/2014The automotive refrigerant HFO-1234yf has a lower global warming potential (GWP) than carbon dioxide, which has a baseline value of 1.
Study: Car-Sharing Services Are Trimming Auto Sales
2/4/2014The growth of car-sharing services in the U.S. such as Zipcar Inc. eliminated the sales of about 500,000 new or used cars between 2006 and 2013, according to an estimate by Southfield, Mich.-based consultants AlexPartners LLP.
Mitsui Buys Stake in U.S.-Based Contract Assembler
2/4/2014Japanese trading house Mitsui & Co. has spent 3 billion yen ($29 million) to acquire one-third of Android Industries LLC, a Michigan-based contract producer of suspension and other complex subassemblies, The Nikkei reports.
Aisan Industry to Plead Guilty of Price Fixing
2/4/2014The second Japanese auto supplier in less than a week has agreed to plead guilty of rigging prices on its products and pay a criminal fine of $6.9 million, the U.S.
Researchers Develop Ultra-Stretchable Wire
2/3/2014An experimental wire made of an elastic polymer tube filled with a liquid metal alloy can stretch to eight times its original length while maintaining electrical conductivity.