Senate Committee To Hold Takata Air Bag Hearing
Add a U.S. Senate committee hearing to the growing list of troubles facing Japanese air bag maker Takata Corp.
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Add a U.S. Senate committee hearing to the growing list of troubles facing Japanese air bag maker Takata Corp.
For the owners of 189,000 General Motors SUVs, the days of parking them outside the garage for fear that they could catch fire will soon come to an end.
The new pickup should be in dealerships by late December.
Aluminum isn't new to the auto industry, but this is the first time it will cover the entire body of such a high-volume vehicle.
Marketing Vice President Jim Farley to lead Ford of Europe, Ford of Europe President Stephen Odell to assume Farley's marketing job.
"Quite frankly, it's a black eye for our industry."
Chrysler posts $611 million in third quarter earnings, expects to make around $2.5 billion for full year.
Audi is recalling nearly 102,000 luxury cars because the front air bags may not inflate in a crash.
Vehicles recalled include various model years of the F-150, Flex, Transit, Transit Connect, Crown Victoria, Grand Marquis and Lincoln Town Car
Chrysler sales rise 22 percent. Best October since 2001. GM sales were flat. Ford sales dropped 2 percent, on tight pickup inventories.
The penalty could serve as a precedent for other automakers who violate the Clean Air Act.
U.S. safety regulators are ordering Japanese auto supplier Takata Corp. to provide more information about air bags that can explode and shoot shrapnel toward drivers and passengers.
Nissan says it's recalling more than 1,800 Infiniti SUVs in the U.S. for an air bag problem that could send shrapnel into the passenger compartment.
Takata, the world's second-largest air bag maker with 22 percent of the market, has been plagued by problems for the past 13 years.
Sales expected to rise from 16.4 million this year to 16.8 million next year.