NEWS

Former Bosch Exec Becomes Takata President

5/13/2013

Takata Corp. has promoted Stefan Stocker to become president and chief operating officer at the company's shareholder meeting on June 26.

Toyota Pushes NHTSA on “Tunable” Headlamps

5/13/2013

Toyota Motor Corp. has petitioned the National Highway Traffic Safety Administration to permit headlamp systems in the U.S. that allow drivers to leave their high beams on without blinding oncoming traffic, Automotive News reports.

India’s Car Sales Fall 10%

5/13/2013

Wholesale deliveries of new passenger cars in India slid to 150,800 units last month from 168,300 units in April 2012, according to the Society of Indian Automobile Manufacturers.

NHTSA Opens Probe of Ford Truck Steering Defect

5/13/2013

The National Highway Traffic Safety Administration has opened an investigation into complaints that the steering gear box could fail on heavy-duty Ford pickup trucks, resulting in a complete loss of steering control.

Chrysler Recalls 469,000 Jeeps Worldwide

5/13/2013

Next month Chrysler Group LLC will begin recalling 469,000 large Jeeps made between 2005 and 2010 to fix a flaw that could cause the vehicles to shift into neutral spontaneously upon startup.

VW to Build New Factory in China

5/12/2013

Volkswagen AG will unveil plans this week to erect a 10 billion-yuan (€1.2 billion) assembly plant in Changsha, China, Frankfurter Allgemeine Zeitung reports without citing its sources.

Cooper-Standard CEO Adds Chairman Title

5/12/2013

Cooper-Standard Holdings Inc., parent of Cooper-Standard Automotive, has appointed President and CEO Jeffrey Edwards to the additional job of chairman, effective immediately.

NHTSA Opens Probe on Corvette Headlamps

5/10/2013

The National Highway Traffic Safety Administration is looking into 30 complaints from Chevrolet Corvette owners that their cars' low beams may abruptly stop working.

Visteon Swings to a First-Quarter Profit

5/10/2013

Visteon Corp. posted net earnings of $69 million for the January-March period of 2013 compared with a $29 million loss a year earlier.

Ford CEO Mulally Staying at Least Through 2014

5/10/2013

CEO Alan Mulally reiterates that he plans to remain at the helm of Ford Motor Co. at least through next year.