Recent News

Takata’s U.S. deal will lead to faster airbag fixes, Foxx says

The legal order signed by troubled supplier Takata with federal regulators last week will speed the investigation to determine the reason airbags are exploding and injuring motorists, Transportation Secretary Anthony Foxx said. ... Read More »

Automakers asked by House panel about cybersecurity policies

As in-car Wifi and smartphone integration becomes increasingly common, lawmakers want to know how automakers plan to prevent hackers from compromising safety by tapping in through a car's digital connection. ... Read More »

Key Safety ramps up airbag inflator production

Automotive safety components supplier Key Safety Systems said today it will ramp up production of airbag inflators beginning in December. ... Read More »

U.S. Bank Monitoring F&I Product Pricing

MINNEAPOLIS — Dealers signed up with U.S. Bank received a notice this week containing the bank’s policy in regards to fair and responsible lending. Also detailed was the bank’s dealer monitoring program, which, according to the notice, isn’t...

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TrueCar faces shareholder suit

TrueCar's legal woes mounted Wednesday as the online car-buying service was hit with a shareholder lawsuit alleging that it misled its investors about how it does business. ... Read More »

FCA Rolls Back Powertrain Warranty

AUBURN HILLS, Mich. — FCA US has reduced its powertrain coverage for 2016 model-year vehicles following a move by General Motors earlier this year to reduce its warranty coverage.For 2016, FCA will offer a five-year, 60,000-mile powertrain warranty for its...

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Ford plots dual course as driverless future nears

Selling cars and trucks won't be enough to keep Ford rolling for a second century, so the company is operating on parallel paths to prepare for self-driving cars and shared vehicles, according to Executive Chairman Bill Ford. ... Read More »

Fiat Chrysler, Honda expand Takata airbag recalls

Following Takata's admission that its defective airbags were in millions of U.S. vehicles, Fiat Chrysler will add more than 1.8 million vehicles vehicles to its Takata recalls while American Honda will add roughly 350,000 to its campaigns. ... Read More »

Sponsors Hyundai-Kia closely watching FIFA scandal

In the wake of a U.S. federal investigation of several officials and executives with soccer governing board FIFA, major corporate sponsor Hyundai Motor and affiliate Kia Motors are keeping a close eye on the matter. ... Read More »

J.D. Power to Acquire NADA Used Car Guide

WESTLAKE VILLAGE, Calif. — J.D. Power and the National Automobile Dealers Association (NADA) have announced an agreement under which J.D. Power will acquire NADA’s Used Car Guide business, a well-known source of used-vehicle values. The transaction...

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