U.S. safety regulators have upgraded the investigation of an estimated 335,195 Honda Accord sedans a step closer to a recall after receiving almost 300 complaints that airbags can deploy when the car door is shut with too much force.
After posting a 3.9% year on year unit volume fall in the US in July, Honda Motor sales in China plunged 22.7% the same month, reportedly the automaker's biggest decline there in 17 months.
Novelis, the world's largest sheet aluminum producer, expects to double its North American production of automotive aluminum by 2018 or so from 2014 levels.
Alarmed by what it calls higher than normal incidents of injures and safety lapses, the Occupational Safety and Health Administration has launched an inspection of auto parts plants across Alabama, Georgia and Mississippi.
Mazda Motor plans to discontinue its passenger vehicle production partnership with Ford in Thailand, a Japanese newspaper said.
3M India's directors Ippocratis Vrohidis and Ashish Khandpur have stepped down, with effect from 1 August, Equity Bulls said. Biren Gabhawala has been appointed as an additional independent director, effective 5 August.
Would any self-respecting BMW enthusiast be caught dead hauling cargo around town in an open-bed 3-Series?
Pininfarina's sales and service revenue for the first half of 2014 was up 27.61% to EUR21.24m (US$28.52m) compared with EUR16.64m in first half of 2013.
Motherson Sumi Systems (MSSL) has successfully closed the deal acquiring the wiring harness business of Stoneridge in record time after receipt of necessary regulatory approvals.
New car sales in Italy rose 5 percent in July compared to the same month a year ago to 113,777 vehicles
Results of a new study show the major automakers as well as most manufacturing companies, could significantly increase profits by improving supplier relations.
The six largest automakers in the United States could have earned $1.4 billion more last year if they had improved their relationships with suppliers, a study says.
Pininfarina had an operating loss of 4.5 million euros in the first six months, 1.8 million euros less than in the same period last year.
The death toll from the explosion at the factory of a GM. supplier near Shanghai rose to 75, according to the official Xinhua News Agency.
July US light vehicle sales were hot, rising 9.2% to almost 1.44m units, producing a seasonally adjusted annual rate (SAAR) of 16.48m. That's a 720,000-unit improvement over last July and marks the fifth consecutive month the SAAR has been above 16m. However, that's a bit below the 16.7m predicted by industry analysts.
News
5 Aug, 2014
Most advanced version of armoured Mercedes S-Class is able to withstand attack from bullets, grenades and gas
GM China says it extends its "deepest sympathy" to the families of those killed and injured in this weekend's (2 August) dust explosion, which ripped through Kunshan Zhongrong Metal Products' factory in the east of the country.
News
4 Aug, 2014
Porsche demonstrates new Cayman GTS' handling prowess around Italian indoor go-kart track
A dust explosion at a tier two supplier in eastern China has killed at least 75 people, two officials of the firm have been arrested and supplies of alloy wheels to General Motors' Shanghai Automotive joint venture are in jeopardy though the automaker has sufficient stock for now.
New-car sales in Germany bounced back in July, suggesting further improvement in second-half demand in Europe's largest auto market.