Takata is no longer alone in facing an intense federal investigation over in its airbag recall action: Honda, too, has been ordered to answer under oath for its role in the recall.
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Investigators unearth more reports of deaths and injuries linked to catastrophic detonations of Takata’s airbags; the National Highway Traffic Safety Administration sets a deadline for the supplier to submit related documents; and attorneys urge a U.S. district judge to act quickly on a class action against Takata and four of its client automakers.
Should companies in the future need to be bailed-out by the federal government, they may not be so forthcoming with the necessary information if General Motors’ confidential documents linked to its own bailout see the light of day.
Over the next five years, every Lincoln in the showroom presently will either be redesigned or replaced as part of an overall effort by Ford CEO Mark Fields to return to the premium brand to glory.
Not long after undergoing scrutiny over its part of the February 2014 General Motors ignition switch recall, the National Highway Traffic Safety Administration once again is under the gun, this time in its handling of the Takata airbag crisis.
The Takata airbag recall continues to grow, with Nissan adding 260,000 2008 through 2012 models worldwide to the list.
Clutching dearly onto their fleet of Panthers, New York’s taxi industry is heading up to Albany to contest the $1 billion plan to replace their vehicles with Nissan’s “Taxi of Tomorrow” NV200.
With around 7.8 million vehicles from various automakers under recall thanks to defects in airbags supplied by Takata, the U.S. House Energy and Commerce Committee is reviewing the proceedings.
With the possibility of an aluminum Jeep Wrangler being built elsewhere, the United Auto Workers and political leaders are coming together to convince Fiat Chrysler Automobiles to keep the icon in Toledo, Ohio.
If you’re a fan of convertibles, then you may find your selection dwindling as more consumers go for a different image, affecting automakers and suppliers alike.
It ceased being fun working at American Honda around the summer of 1993. Most of our senior managers in the sales division had recently been fired. In May, the New York Times published the first story about our executives soliciting bribes from dealers. The Justice Department was snooping around our US headquarters in Torrance, CA. The year before, our geniuses in Japan had dropped the ground-breaking CRX two-seater and stuck us with the dull del Sol. Over at Acura, our Honda Division castoffs were busy trying to figure out why the tepid 5-cylinder Vigor was not selling.
We were still stuck in the Civic-Accord-Prelude-del Sol mode. “We will never build trucks,” our execs had often proudly proclaimed. Now we found ourselves caught flat-footed as we followed the success of the Ford Explorer, Nissan Pathfinder and Toyota 4Runner SUVs. We needed a sport-ute yesterday, and it would take us a minimum of four years to develop one. We did what any self-respecting, high quality, loved-by-its-customers car company would do in this situation.
We called Isuzu. Read More >
General Motors twice experienced the business end of a leather glove Wednesday, when over 20 million consumers demanded satisfaction via two lawsuits totalling $10 billion in claims over lost resale value as a result of the February 2014 ignition switch recall.
Last year, Renault-Nissan resurrected Datsun, positioning the brand for emerging markets — like India, Russia and Indonesia — with a portfolio of models that would attract new, young consumers whose wallets were a bit thin.
It’s not quite working out thus far.
Mazda’s green vibes must just feel right with the Environmental Protection Agency, as the agency has proclaimed the automaker has the highest fuel economy and lowest greenhouse gas emissions of any automaker in 2013.
Aside from giving away FCVs at environmental media award celebrations, Toyota is Interbrand’s most valuable automotive brand on its Best Global Brands list, moving from No. 10 to No. 8 overall in 2014.
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