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Takata increases lobby spending amid pressure from regulators

Takata increases lobby spending amid pressure from regulators

Japan’s auto safety supplier Takata Corp. has lifted expenses directed towards US federal lobbying by 22 percent during the second quarter as it sought to thwart the massive recall attention from regulators and lawmakers. Since 2008, Takata has recalled tens of millions of cars worldwide because of potentially defective airbag […]

US: hot new cars for a scorching summer

US: hot new cars for a scorching summer

The summer driving season is in full swing and the blazing sales pace of the US auto industry seems eternal. But this is also the time for new rides to be taken off the dealer lots at great prices. With sales jumping each month and the seasonally adjusted annual rate […]

Tesla exec wants even tougher fuel efficiency mandates

Tesla exec wants even tougher fuel efficiency mandates

A Tesla Motors executive has recently provoked competing automakers to deliver on the US market better electric vehicles and also commented that automotive efficiency rules today should be modified to be stricter. According to Diarmuid O’Connell, vice president of business development, most of Tesla’s rivals “are focused on minimum compliance, […]

US: Ford manages to stop pickup decline

US: Ford manages to stop pickup decline

Ford, the second largest US automaker, counts on the F-Series to cover most of its profit, so the recent negative results over the past months were spurring investor worries over the “moneymaker”. But with two truck factories in the US now finally at peak production capacity, Ford posted a massive […]

US: auto sales boom hides underlying pricing power

US: auto sales boom hides underlying pricing power

Automakers in the US, the second largest auto market in the world, are selling cars and light trucks at a pace not seen in more than a decade. But they’re not just selling more of them, they’re also delivering the most expensive vehicles consumers can afford. For example, the average […]

US: July auto deliveries rise briskly for Detroit Three

US: July auto deliveries rise briskly for Detroit Three

With the hot summer yielding equally scorching auto deliveries, the top three automakers from Detroit managed to post gains that overcame even the analyst predictions, signaling the continued strength of the US auto industry. General Motors, the largest US automaker managed to rise 6.4 percent, thoroughly trumping expectations form analysts […]