Recent News

Brexit hits yen, causes headaches for Honda

At the beginning of the year, Honda's plan to fire up its export engine seemed smart because of a weak yen. But after the U.K.'s vote to leave the EU, maybe not. The Brexit vote sparked a realignment of world currencies. ... Read More »

GM wins dismissal of some claims over 2014 recalls

A U.S. judge on Friday dismissed some claims brought against GM by customers seeking to recoup vehicle values that they say were lost due to more than 70 recalls in 2014, including one for a faulty ignition switch. ... Read More »

Denso to pay $255 million in antitrust case settlements to dealerships, consumers

Denso has agreed to pay $255 million in settlements between two class actions over price-fixing allegations in the U.S., the Japanese supplier said Friday in the latest development of the largest antitrust scandal in U.S. history. ... Read More »

GM boosts discounts on big pickups as summer truck war heats up

GM more than doubled discounts on some of its large pickups in July's first 10 days after U.S. sales of the highly profitable models fell last month despite ads attacking the durability of Ford's aluminum-bodied trucks. ... Read More »

Takata settles Florida airbag injury lawsuit

Lawyers for a Florida woman who was left a quadriplegic after a Takata airbag inflator deployed in a 2014 crash said Friday they had settled a lawsuit against the Japanese company. ... Read More »

Japan’s aluminum fabricators beef up U.S. output, betting on rising auto use

Japanese aluminum products makers such as UACJ and Kobe Steel are boosting output capacity in the U.S. in a bid to snare market share as automakers turn to the lighter metal to meet stricter environmental rules. ... Read More »

Tesla won’t be able to put crash defense on Autopilot

Telling Tesla drivers its Autopilot feature doesn't mean their cars can drive themselves may not be enough to keep Elon Musk off the hot seat if the technology comes up short. ... Read More »

Herbalife Will Restructure Its Multi-level Marketing Operations and Pay $200 Million For Consumer Redress to Settle FTC Charges

Company Must Tie Distributor Rewards to Verifiable Retail Product Sales And Stop Misleading Consumers about Potential Earnings Note: A press conference with FTC Chairwoman Edith Ramirez will be held today at 10 a.m. ET, 600 Pennsylvania Ave. NW, Room 432, Washington,...

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Herbalife Will Restructure Its Multi-level Marketing Operations and Pay $200 Million For Consumer Redress to Settle FTC Charges

Company Must Tie Distributor Rewards to Verifiable Retail Product Sales And Stop Misleading Consumers about Potential Earnings Herbalife International of America, Inc., Herbalife International, Inc., and Herbalife, Ltd. have agreed to fully restructure their U.S....

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Samsung seeks stake in China’s BYD to boost chip business

Samsung Electronics said it was in talks to acquire a stake in Chinese automaker BYD, a move it said would help the South Korean electronics giant boost its chip business for electric vehicles. ... Read More »