Government

GM moved faster to fix larger cars

12:01 am U.S. ET | July 28, 2014
General Motors treated isolated reports of flimsy ignitions in its mid-sized, full-sized and luxury cars more urgently than similar but far more voluminous complaints about the less profitable Chevrolet Cobalt and Saturn Ion, documents GM submitted to federal regulators show....
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THE GM RECALL

GM's top N.A. lawyer shares hot seat with boss

12:01 am U.S. ET | July 28, 2014
When Lucy Clark Dougherty was named General Motors' top lawyer for North America in 2011, she was considered the likely candidate to succeed General Counsel Michael Millikin. Now the two are sharing an uncomfortable spotlight amid criticism of the legal department's handling of a faulty ignition switch linked to at least 13 deaths....
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LETTER TO THE EDITOR

The pot calling the kettle black

12:01 am U.S. ET | July 28, 2014
The July 21 story about the General Motors recall, "Top lawyer keeps pall over GM," recalled a quote from a GM ignition hearing earlier this year in reference to CEO Mary Barra, "that she didn't 'know anything about anything.'"...
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5 YEARS LATER

June, July 2009 timeline: Beginning of recovery

12:01 am U.S. ET | July 28, 2014
A look back at the events of June and July, 2009....
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5 YEARS LATER

'Cash for clunkers opened up the floodgates'

12:01 am U.S. ET | July 27, 2014
The Car Allowance Rebate System, also known as cash for clunkers, was a lifeline at a desperate time for the U.S. auto industry. Nearly 700,000 vehicles were traded in through the nearly $3 billion program, which provided consumers as much as $4,500 each to trade in an old gas guzzler for a more fuel efficient new model....
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Audi cuts spare-part prices in China amid anti-monopoly probe

9:58 am U.S. ET | July 27, 2014
Volkswagen AG's luxury Audi brand plans to cut spare-part prices in China as global automakers rush to change their pricing strategies after Chinese anti-monopoly regulators began probing the auto industry....
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Nissan expands U.S. recall of cars with defective Takata airbags

2:45 pm U.S. ET | July 26, 2014
Nissan is expanding by 226,326 vehicles a U.S. recall of older models equipped with defective airbags made by Takata, Nissan said in an amended filing posted Saturday by U.S. safety regulators....
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AutoNation: Recalls crimp service

12:01 am U.S. ET | July 26, 2014
The record recalls this year are creating capacity bottlenecks in the service shops of the country's largest new-vehicle dealership group....
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Jaguar Land Rover cuts prices on 3 models in China in response to government probe

7:40 pm U.S. ET | July 25, 2014
Jaguar Land Rover will cut prices on 3 models by an average of $32,300 starting August 1, after the National Development and Reform Commission, China's state planner, launched an investigation into monopolistic prices in the auto industry, the company said in a statement on Friday....
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NHTSA to investigate older GM models for software, airbag glitch

3:03 pm U.S. ET | July 25, 2014
NHTSA will investigate whether 320,000 older Chevrolet Impalas have a software defect that might cause airbags to fail to deploy in a crash....
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Mazda expands U.S. recall of cars with faulty Takata airbags

12:51 pm U.S. ET | July 25, 2014
Mazda will broaden a recall of cars sold in the United States because an airbag inflator, supplied by Japanese supplier Takata, could rupture and seriously injure occupants....
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GM's quarterly profit plunges on recall costs

7:36 am U.S. ET | July 24, 2014
The heavy cost of General Motors' unprecedented slew of safety recalls during the second quarter wiped out most of its profits, erasing the fruits of strong truck pricing in North America and sales growth in China....
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Hyundai's Q2 profit falls 7% on currency strength, weak global demand

July 24, 2014 11:34 CET
Hyundai's second-quarter profit fell 7 percent as a strong won, weakening global sales and incentives in the U.S. took their toll on earnings. To combat a strong currency, the automaker will now consider adding production overseas....
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Hyundai Q2 profit dips 7% on strengthening currency

6:33 am U.S. ET | July 24, 2014
Hyundai's net profit fell the most in five quarters, hit by the local currency's strength, and said it may make more vehicles overseas as it braces for a tough second half with the won still strong....
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THE GM RECALL

GM lists more Cobalt, Ion fatalities in quarterly crash data

3:37 pm U.S. ET | July 23, 2014
In the first quarter, General Motors received claims that defects in the Chevrolet Cobalt and Saturn Ion caused 17 deaths and 167 injuries, according to data it submitted to federal safety regulators. The disclosures do not link directly to the company's recalls for faulty ignition switches, but they suggest that the pool of potential victims could expand....
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THE GM RECALL

GM seeks broader immunity in switch lawsuits

3:49 pm U.S. ET | July 23, 2014
GM, moving to expand its immunity from lawsuits after recalling almost 29 million cars in North America, said it sees no need to try to settle customer claims until a judge decides whether it's legally responsible for faults in its predecessor's cars....
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GM sales surge despite recalls as Barra proves quality sells

9:10 am U.S. ET | July 23, 2014
General Motors' Mary Barra is projected to report her second straight quarter of rising sales, adding to evidence that the CEO is weathering the biggest wave of recalls in automotive history. Second-quarter revenue may rise 2.7 percent, the average of estimates compiled by Bloomberg....
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THE GM RECALL

GM recalls 717,950 vehicles, pushing year's recall tally to 60

2:07 pm U.S. ET | July 23, 2014
General Motors is recalling another 717,950 vehicles in the United States, mostly 2010-12 model year cars and crossovers, lifting its total for the year to a record 60 safety campaigns covering around 29 million vehicles globally....
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JIM HENRY

N.Y. Times story on subprime offers feds ammunition

12:01 am U.S. ET | July 23, 2014
A withering account of subprime auto lending in Sunday's New York Times reinforces bad stereotypes about used-car dealers, smears subprime lenders and their investors, takes out of context an increase in delinquencies and loan losses from record lows, and provides ammunition to auto finance industry critics in Washington....
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DAVE GUILFORD

Maybe the EPA should just hire Consumer Reports for mpg ratings

10:10 am U.S. ET | July 23, 2014
Maybe the federal government should adopt Consumer Reports as a model for fuel economy testing. Or just outsource the task to the magazine....
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Chrysler recalls older Jeep Commanders and Grand Cherokees for ignition switch

4:15 pm U.S. ET | July 22, 2014
Chrysler Group will recall as many as 792,300 2006-07 Jeep Commanders and 2005-06 Jeep Grand Cherokees globally to fix ignition switches that could be knocked out of the “on” position, causing a stall and possible loss of power to the airbags. Engineers are still developing a fix, and the company says it is initiating a recall “out of an abundance of caution.”...
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Kia in talks to open $1.5 billion Mexico assembly plant, report says

6:52 pm U.S. ET | July 22, 2014
Kia is in talks with Mexico to open a new auto assembly plant worth at least $1.5 billion, officials from Nuevo Leon's state government told Reuters. The factory, which sources say will have an annual capacity of some 300,000 cars, would be built on the northeastern fringe of the city of Monterrey....
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Sogefi reports first-half loss on restructuring costs, Brazil downturn

July 22, 2014 15:29 CET
Italian supplier Sogefi reported a first-half net loss, hit by restructuring costs, the negative impact of the strong euro on South American currencies and a sharp slowdown in the Brazilian market....
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New F-150's fuel economy will improve, but can it best Ram 1500?

2:50 pm U.S. ET | July 22, 2014
Ford's new aluminum-bodied 2015 F-150 pickup coming this fall might not be able to beat Chrysler Group's Ram 1500 and claim best-in-class fuel economy....
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KEITH CRAIN

No end in sight to GM mess

12:01 am U.S. ET | July 21, 2014
Last week brought more revelations about General Motors and the infamous ignition switch, and there was more grueling testimony, from executives at GM and Delphi....
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