Automotive Headlines

Automotive News Breaking News
Fri Oct 31, 2014 7:33 pm
U.S. auto safety officials on Friday told Takata to work harder to meet demand for replacement parts for airbags that could prove defective in millions of U.S. cars.
Fri Oct 31, 2014 5:25 pm
If you've even considered going gasoline-free with a vehicle like the 2014 Mercedes-Benz B-Class Electric Drive -- the only way you can get a B-Class in the U.S. -- you’re probably already acutely aware that plugging in, and going all-electric, is a numbers game. Will you have enough available miles for your daily driving and...
Fri Oct 31, 2014 4:56 pm
The 2015 Lexus GX 460 is the kind of 'tough-truck' luxury SUV that was all the rage a decade ago; yet today it's a niche product – one that offers a luxurious cabin for family-hauling, as well as a full-fledged off-roading four-wheel-drive system for weekend warriors. For the U.S. it's become an increasingly hard sell, as even...
Fri Oct 31, 2014 4:37 pm
The focus of the Toyota Corolla has long been basic, trouble-free, and relatively comfortable transportation, without the frills. But that all changed a bit a couple years ago, when Toyota added some more technology and flair to the Corolla, and free of biases that have long pegged the Corolla the blandest of the compact-sedan bunch...
Fri Oct 31, 2014 4:22 pm
The 2015 Lexus ES lands squarely between the IS and GS sport sedans in the Lexus lineup, and it serves as a comfort-minded and far less performance-oriented counterpart to them both. The ES 350 and ES 330h hybrid are based on the Toyota Avalon architecture (rather than, a few years ago, the Camry), and with a major redesign a couple of...
Fri Oct 31, 2014 3:59 pm
The Nissan Sentra gets what we'd call a realignment for 2015; with its features and options a bit reshuffled, in hopes that this compact-sedan family will attract more shoppers to the brand. And in the Sentra's segment of the market, competition is particularly tough, with some of the Sentra's rivals offering new technologies and...
Fri Oct 31, 2014 3:46 pm
The 2015 Kia Forte is a great example of how compact sedans are becoming more stylish and attractive on their own, rather than trying to emulate mid-size sedans. With its swoopy profile and sharp styling elements, it delivers a different look than the larger Optima, plus decent performance, an excellent feature set, three body styles...
Fri Oct 31, 2014 2:30 pm
New-car reliability faces the blue screen of death, and it’s not pretty. You probably worry about your car too much, but not enough about your credit score. And what’s the best car to buy? There’s a little bit of everything here in The Week In Reverse, for Friday, October 31, right here at The Car Connection. Yes, we did actually...
Automotive News Breaking News
Fri Oct 31, 2014 2:02 pm
Joseph Herman, COO of dealership group Kuni Automotive and a 40-year veteran of the auto retailing industry, died the morning of Oct. 29 after a year-long battle with pancreatic cancer.
Automotive News Breaking News
Fri Oct 31, 2014 12:17 pm
Hitachi Metals will pay a $1.25 million fine and plead guilty for fixing prices and rigging bids of brake hose installed in cars in the United States, the U.S. Justice Department said Friday.
Automotive News Breaking News
Fri Oct 31, 2014 12:08 pm
Ally Financial disclosed today that it is being investigated by the Securities and Exchange with regard to 'subprime automotive finance and related securitization activities.'
Automotive News Breaking News
Fri Oct 31, 2014 11:53 am
When fully autonomous cars become ready to sell, consumers around the globe -- particularly in Asia -- may be ready to buy, but many of them still have concerns, according to a new survey by the University of Michigan.
Automotive News Breaking News
Fri Oct 31, 2014 11:19 am
Powertrain components supplier American Axle and Manufacturing Holdings, which has been ramping up its non-General Motors business in recent years, today reported strong gains in third-quarter net income and revenues.
Automotive News Breaking News
Fri Oct 31, 2014 10:40 am
Cooper-Standard Holdings reported higher earnings in the third quarter from increased North American and Asian sales as well as merger and acquisition activity.
Automotive News Breaking News
Fri Oct 31, 2014 10:01 am
Fiat Chrysler Automobiles' Ram brand chief says cockpit technology was partly responsible for the brand's ranking in the latest Consumer Report's reliability study.
Fri Oct 31, 2014 9:26 am
Urban commuters, you're looking at one of the best picks in a lean, space-conscious and fuel-efficient small car. If your priorities include maneuverability, versatility, value, and pretty much everything practicality-related, then the 2015 Honda Fit is one that you really must include—one of our highest-rated small cars, and a 2015 Best Car...
Fri Oct 31, 2014 9:25 am
To buy or to lease? That is the question Consumer Reports asked in a recent article examining the pros and cons of buying and leasing new cars. The answer? "In general it makes financial sense for most to buy a vehicle". The magazine says that goes double for slobs and parents -- and probably triple for parents of slovenly rugrats. ALSO SEE...
Automotive News Breaking News
Fri Oct 31, 2014 9:00 am
Fiat Chrysler Automobiles' Ferrari brand has been fined more than $3.5 million for not filing "early warning reports" indicating safety issues with federal safety regulators.
Automotive News Breaking News
Fri Oct 31, 2014 8:27 am
British luxury sports car maker Aston Martin has been granted a temporary exemption to new safety rules in the United States that would have stopped it selling hundreds of cars in one of its key markets, federal regulators said today.
Fri Oct 31, 2014 7:56 am
The Cadillac ATS is the new entry-level vehicle in GM's luxury lineup. Launched as a compact four-door sedan in 2013, the ATS lineup acquired a second model, the ATS Coupe, for the 2015 model year. With brilliant handling and a good selection of features and powertrains, the ATS is a true rival for vehicles like the Audi A4, BMW 3-Series, Infiniti...
Yahoo Automotive
Fri Oct 31, 2014 3:44 am

Degenhart, CEO of Germany's Continental AG speaks during the 'International CAR Symposium' in BochumMUNICH (Reuters) - Continental said a fault with airbags installed at premium sportscar maker Audi could cost a double-digit million euro amount to fix, a sum which the German automotive supplier could absorb without revising its earnings guidance. Earlier this month Audi said it was recalling 850,000 cars worldwide, because potentially faulty software may prevent airbags on its A4 model from deploying. "We are the supplier of the system", Continental's Chief Executive Elmar Degenhart told journalists in Munich on Thursday evening, in remarks which were embargoed for Friday. ...

Yahoo Automotive
Wed Oct 29, 2014 2:16 pm
WASHINGTON (Reuters) - U.S. lawmakers on Wednesday called for an independent review of the leading auto safety regulator and a report on whether it can do more to manage product recalls and detect deadly flaws. The National Highway Traffic Safety Administration, the main watchdog for car design dangers, has come under scrutiny over its handling of recent alerts like air bags that can deploy with deadly force. "To what extent has NHTSA successfully adapted to new developments in automotive technology?" reads the request to the Government Accountability Office, an investigative arm of Congress. ...
Yahoo Automotive
Wed Oct 29, 2014 9:14 am

Ally Financial sign is seen on a building in Charlotte, North CarolinaBy Peter Rudegeair NEW YORK (Reuters) - Ally Financial Inc , the second largest U.S. auto lender, posted a third-quarter profit on Wednesday as it set aside less money to cover future car loan defaults. The bank believes its loan losses will be lower in the future because U.S. unemployment has been falling fast, and Ally has in recent months attracted a greater number of borrowers with higher credit scores, finance chief Chris Halmy said on a conference call. ...

Yahoo Automotive
Tue Oct 28, 2014 7:59 am

Acting NHTSA administrator David Friedman explains that General Motors will agree to a record fine of $35 million in civil penalties in WashingtonWASHINGTON (Reuters) - The acting chief of the NHTSA, the top U.S. automotive safety regulator, is unlikely to be nominated for the job and an active search is under way to fill the position, a source familiar with the matter said on Monday. After a series of perceived failures at the National Highway Traffic Safety Administration, David Friedman, who has served this year as acting head of the agency, is not expected to be tapped by the Obama administration for the job, the source said. ...

Yahoo Automotive
Thu Oct 23, 2014 1:47 pm
PORTLAND, Ore. (AP) — Oregon expanded its investigation into discrimination at the Portland truck-making plant of German automotive giant Daimler AG after four more employees came forward with allegations of racial harassment.
Yahoo Automotive
Mon Oct 20, 2014 2:48 pm
By Noel Randewich SAN FRANCISCO (Reuters) - Texas Instruments Inc posted third-quarter results above expectations and its CFO said business was healthy, in contrast to recent concerns on Wall Street about a possible slowdown in chip demand. The Dallas, Texas-based company's growth in the third quarter was driven by demand for chips used in communications equipment, industrial markets and automotive, CFO Kevin March told Reuters in a phone interview. ...
Yahoo Automotive
Fri Oct 17, 2014 1:44 am

Platinum bars are stacked at the safe deposit boxes room of the ProAurum gold house in MunichBy Clara Denina and Jan Harvey LONDON (Reuters) - Investors are unlikely to rush back into platinum any time soon after a minimal price reaction to its biggest-ever supply shock highlighted a major problem: no-one knows how much metal exists above ground or more importantly who holds it. Analysts predicted a surging market as a record five-month labour stoppage in top producer South Africa wiped out more than one million ounces of output worth $1.28 billion. Yet platinum, used mostly in automotive catalytic converters which clean up exhaust emissions, also failed to react to a 2. ...

Yahoo Automotive
Wed Oct 15, 2014 10:49 am

A logo of U.S. chipmaker Qualcomm is seen on the windshield of a car in BeijingBy Paul Sandle and Eric Auchard LONDON/FRANKFURT (Reuters) - U.S. Qualcomm Inc agreed to buy CSR Plc for $2.5 billion, offering what it hopes is a knock-out blow to win the British Bluetooth specialist which is growing in areas like automotive and wearable devices. Qualcomm, the world's number one mobile chipmaker, has agreed to pay 900 pence a share in cash for CSR, a 56.5 percent premium on the share price before the start of the offer period in August, CSR said on Wednesday. At that time, the British company rebuffed an approach from U.S. ...

Yahoo Automotive
Mon Oct 13, 2014 1:19 am
CAPE TOWN (Reuters) - South Africa's competition authorities are investigating price fixing and collusive tendering in the automotive industry, with top Japanese component suppliers Panasonic and Mitsubishi Electric Corp among those being probed. Information received by the Competition Commission suggested collusion among automotive component manufacturers when bidding for tenders to supply parts, such as electric power steering and spark plugs, to car makers. ...
Yahoo Automotive
Sun Oct 12, 2014 11:58 am

A potential customer looks at a 2009 Chevrolet Impala sedan at a car dealership in Dearborn, MichiganBy Peter Rudegeair NEW YORK (Reuters) - U.S. regulators are asking banks for more detail on their autos financing exposure, as rapid growth in the lending has prompted officials to seek to better assess the risks, according to a person familiar with the matter.  Balances remaining on auto loans have risen by about a third since April 2011, reaching an all-time high of $924.2 billion in August, according to credit reporting bureau Equifax. About a fifth of the loans are subprime. ...