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Continental recalls defective airbag control units used in 5 million vehicles

8:03 am U.S. ET | Feb. 4, 2016 | UPDATED: 2/4/16 1:56 pm ET - adds details
Continental Automotive Systems said it supplied potentially defective airbag control units to 5 million vehicles used by Honda, Fiat Chrysler, Mercedes-Benz, and three other automakers built over a five-year period worldwide, widening an airbag safety...

VW, seeking approval on emissions fix, replaces top U.S. lawyer

11:33 am U.S. ET | Feb. 4, 2016 | UPDATED: 2/4/16 1:32 pm ET - adds details
Volkswagen AG replaced the head of its U.S. legal department with an outside lawyer as it seeks approval to fix nearly 600,000 vehicles that had software allowing them to cheat on emission levels.

 
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Daimler's Q4 earnings surge 22% on new models

3:44 am U.S. ET | Feb. 4, 2016
Daimler's fourth-quarter operating profit surged by 22 percent, lifted by demand for SUVs, compact cars and sales of its C class.

Obama seeks $10-a-barrel oil tax for self-driving cars, transport outlays

4:24 pm U.S. ET | Feb. 4, 2016
President Obama will propose a $10 per barrel tax on oil in his fiscal 2017 budget to finance self driving cars, public transit, railroads and other...

Honda will recall around 341,000 Accord sedans in U.S. over restraint system

7:09 am U.S. ET | Feb. 4, 2016
Honda said it will recall 341,000 Accord sedans in the United States to replace an electric control unit used in its restraint system after...

Bentley preps fastback Bentayga

1:00 pm U.S. ET | Feb. 4, 2016
Bentley is hatching plans to introduce a sportier, coupelike version of the Bentayga, the brand’s first SUV.

Delphi Q4 net income slides 44% in 'challenging global marketplace'

11:59 am U.S. ET | Feb. 4, 2016
Automotive electronics and technology supplier Delphi Automotive's fourth-quarter net income fell 44 percent from the year-earlier period to $192...

GM worker dies at Ohio plant; U.S. investigating

12:06 pm U.S. ET | Feb. 4, 2016
Federal authorities are investigating the death of a General Motors worker at its Defiance, Ohio, casting operations plant this week.

Jeep, Smart, Jaguar benefit most from Europe's forecast-beating 2015 sales

12:01 am U.S. ET | Feb. 4, 2016
Jeep, Smart and Jaguar were the biggest sales winners last year in Europe, where overall vehicle sales rose 9 percent, exceeding initial analyst...

Mazda says quarterly earnings ease on currency exchange impact

7:21 am U.S. ET | Feb. 4, 2016
Mazda reported a lower-than-expected operating profit for the third fiscal quarter largely due to a stronger yen against the euro and other...

Subaru parent says quarterly earnings rise 21%

6:52 am U.S. ET | Feb. 4, 2016
Subaru parent Fuji Heavy Industries reported a bigger-than-expected rise in third-quarter operating profit on strong sales of its Subaru cars and a...

Toyota to scrap Scion brand, keep the cars

9:33 am U.S. ET | Feb. 3, 2016
Toyota is pulling the plug on Scion, the funky upstart brand it launched in 2002 to appeal to the finicky younger buyers it was struggling to connect...

Ford to cut jobs in Europe to boost profits

4:13 am U.S. ET | Feb. 3, 2016
Ford plans to cut white collar jobs in Europe to help lift its weak profitability in the region.

GM profits soar on strong truck sales, resilience in China

7:30 am U.S. ET | Feb. 3, 2016
GM posted pretax operating profit of $10.8 billion for 2015 -- including $2.

Kia plans first sports sedan next year as it seeks younger, more hip image, report says

10:13 am U.S. ET | Feb. 3, 2016
Kia Motors plans to launch its first sports sedan next year, people familiar with the matter told Reuters, seeking to burnish a sporty, younger image...

Honda warns dealerships of liability as it widens airbag recall

12:15 pm U.S. ET | Feb. 3, 2016
American Honda has expanded its Takata airbag recalls by more than 2 million vehicles and warned dealers that they could face legal exposure for...

Cybersecurity experts urge automakers to take steps to stop hackers

4:49 pm U.S. ET | Feb. 3, 2016
As vehicles become increasingly more connected to smartphones, infrastructure and other vehicles, it will become vital for all parties to collaborate...

Fuel economy up slightly in January as SUV, pickup sales level off

2:49 pm U.S. ET | Feb. 3, 2016
As the sales of SUVs and pickups leveled off in January, the average fuel economy of light vehicles purchased in the U.S.

Google expands self-driving car testing to Washington state

2:14 pm U.S. ET | Feb. 3, 2016
Google parent company Alphabet said its self-driving car project will expand testing to Kirkland, Wash.

Takata plans to present restructuring plan to carmakers in May, report says

10:58 am U.S. ET | Feb. 3, 2016
Takata is preparing to present a restructuring plan to automakers in early May that will include an agreement on the sharing of recall costs, people...

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