Government

In Cuba's sea of classic cars, the truly valuable are elusive

12:01 am U.S. ET | Dec. 27, 2014
American collectors who envision a wave of classic cars from Cuba coming onto the market will need to temper their expectations....
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Takata president steps down from role, CEO to reclaim title

6:19 am U.S. ET | Dec. 24, 2014
Takata, the auto supplier embroiled in a global safety crisis, said today its president, Stefan Stocker, would step down and CEO Shigehisa Takada, 48, would once again assume the role to unify the company's response to the recall of millions of vehicles carrying defective airbags....
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Porsche recalls 918 Spyder to replace faulty chassis parts

5:08 pm U.S. ET | Dec. 23, 2014
Porsche is recalling 205 of the limited-edition 918 Spyder, the German carmaker’s most expensive model, to replace defective chassis parts....
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JIM HENRY

Consent orders and the law of unintended consequences

11:14 am U.S. ET | Dec. 23, 2014
The Consumer Financial Protection Bureau quietly terminated a consent order with Minneapolis-based U.S. Bank last month, a contrast to the fuss it made in announcing the agreement in June 2013....
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Growing list of safe cars belies fears in record recalls

6:22 am U.S. ET | Dec. 23, 2014
The insurance industry's list of cars and trucks that do the best job of keeping owners alive in a crash jumped 82 percent this year against a backdrop of US recalls of older models that were killing their passengers....
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DAVE GUILFORD

Why Russia's crash is just part of the emerging markets drill

12:01 am U.S. ET | Dec. 23, 2014
Russia is the latest developing market to go through convulsions. But automakers invested in Russia say they’re staying. Their eyes are on the prize of long-term sales growth....
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BMW expands NHTSA-ordered Takata airbag recall

3:32 pm U.S. ET | Dec. 22, 2014
BMW AG today expanded its recall nationally to include another 140,000 vehicles that have potentially faulty driver-side airbags, in cooperation with NHTSA. BMW is the last of five automakers to expand Takata driver-side airbag recalls after NHTSA’s orders last month...
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TAKATA AIRBAG CRISIS

Older vehicles can escape recalls' nets

12:01 am U.S. ET | Dec. 22, 2014
The biggest problem for Honda and other automakers involved in the Takata recalls are older used cars that can be difficult to track down....
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GM gets 104 more claims for faulty ignition-switch compensation

11:02 am U.S. ET | Dec. 22, 2014
General Motors received 104 claims for compensation for ignition-switch defects in its cars in the past week, bringing the total to 2,430, according to the official administering the compensation program....
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LINDSAY CHAPPELL

Beyond the headlines, humdrum recalls annoy consumers

12:01 am U.S. ET | Dec. 22, 2014
The year has been monopolized by headlines about General Motors ignition-switch recalls and Takata airbag recalls. But a broader perspective is in order....
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When recalls go to court, NHTSA tends to win

12:01 am U.S. ET | Dec. 22, 2014
If history is any guide, fighting the National Highway Traffic Safety Administration over recalls in court is a losing battle....
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KEITH CRAIN

It's as if the recession didn't happen

12:01 am U.S. ET | Dec. 22, 2014
Those of us with a vivid memory of the trauma of the recession and recovery are surprised, even amazed, that the auto industry is back to business as usual....
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Japan's laws, attitude help recalls work better

12:01 am U.S. ET | Dec. 21, 2014
In Japan, automakers achieve recall rates that automakers in North America could only dream of....
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VIN switcheroo a crushing defeat for Mini Cooper

12:01 am U.S. ET | Dec. 21, 2014
It won't be a merry Christmas for the Mini enthusiast who bought a classic Mini Cooper in England and had it shipped to the United States....
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JAMES B. TREECE

Regulation vs. technology -- why are U.S. roads getting safer?

9:21 am U.S. ET | Dec. 20, 2014
Here's some good news you didn't read much about this year: US roads are safer. The number of people who died in traffic crashes fell 3 percent in 2013, the National Highway Traffic Safety Administration said on Friday....
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TAKATA AIRBAG CRISIS

Honda dealers face recall phone blitz

12:01 am U.S. ET | Dec. 20, 2014
Suppliers, regulators, automakers and consumers are struggling to understand the scope and implications of a defect in Takata airbags that has led to recalls of millions of vehicles. For Honda and Acura dealers, it's a chore just to keep up with the phone calls....
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U.S. auto recalls top 60 million as response to defects shift

9:38 am U.S. ET | Dec. 20, 2014
Automobile recalls surpassed the 60 million mark in the United States for the first time in a single year, largely because of the rush to prevent more deaths from defective General Motors ignition switches and Takata airbags....
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JIM HENRY

Free of U.S. ownership, Ally expects cheaper funds, maybe more subprime deals

3:13 pm U.S. ET | Dec. 19, 2014
Ally Financial is “free at last,” to borrow a phrase CEO Michael Carpenter used earlier this year to describe how it would feel for Ally finally to put six years of government ownership behind it....
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FCA US recalls 3.3 million more vehicles with Takata airbag inflators

4:49 pm U.S. ET | Dec. 19, 2014
FCA US, the former Chrysler Group, said Friday it will replace driver-side airbag inflators in as many as 3.3 million more older-model vehicles, in a capitulation to a demand by the National Highway Traffic Safety Administration....
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GM develops contingency plans in case Takata recalls widen

2:59 pm U.S. ET | Dec. 19, 2014
General Motors has developed contingency plans in case recalls of potentially lethal Takata-made airbag inflators widens, forcing the automaker to repair millions of vehicles, the company said today....
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U.S. traffic fatalities fell 3% in 2013, return to record low rate

2:17 pm U.S. ET | Dec. 19, 2014
The number of people who died in traffic crashes fell 3 percent in the United States to 32,719 fatalities in 2013, the National Highway Traffic Safety Administration said today, crediting a combination of stricter regulation and advanced safety technology....
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Mercedes recalls 8,279 Sprinter vans in U.S. for possible oil leak

11:02 am U.S. ET | Dec. 19, 2014
Mercedes-Benz is recalling 8,279 Sprinter vans in the United States because of a potential oil leak that would increase the risk of a fire or a stalling engine, according to documents filed by federal safety regulators....
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FCA recalling Dodge Ram pickups for possible loose fastener

9:56 am U.S. ET | Dec. 19, 2014
FCA US, the former Chrysler Group, is recalling almost 288,000 Dodge Ram pickup trucks globally that had been under review by federal safety regulators over complaints that a loose fastener might cause the rear axle to lock up or detach....
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Ghosn says ruble plunge a 'bloodbath' for automakers

Dec. 19, 2014 10:04 CET
The ruble's plunge is creating a "bloodbath" for automakers in Russia, Renault-Nissan CEO Carlos Ghosn said. Nissan and Renault have stopped taking orders for some cars in Russia and could raise prices on others if the ruble continues to fall, he said....
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Ally's six-year bailout ends after U.S. sells $1.28 billion stake

7:48 pm U.S. ET | Dec. 18, 2014
The Treasury disposed of its remaining $1.28 billion stake in auto lender Ally Financial, resolving the last big bailout from an emergency government program to halt the 2008 financial crisis. Ally said the government ultimately gained $2.4 billion from its investment....
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Special Report
Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
» Watch the Video