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US regulator orders Takata to preserve airbags for lawsuits, investigations


Yesterday the NHTSA, the US auto safety regulator ordered Japan’s Takata Corp to save all airbag inflators that have been taken out of cars after the recall process is completed – with the parts to be used as evidence for the ongoing federal probe and upcoming private litigations. According to Gordon Trowbridge, a spokesperson for the NHTSA, this is the first ...
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US: experts say rising auto loan delinquency reports are exaggerated
According to credit reporting bureaus Equifax and Experian Automotive, the media reports that US auto loan delinquencies are on the rise are actually overblown, with the segment actually being flat. The ...
Daimler could recalibrate US expansion on currency swings
According to the carmaker’s top labor leader, Michael Brecht, Daimler’s production capacity expansion plans in the United States should be actively correlated with the evolution of the euro – dollar ...
US: study predicts massive auto recalls are not over yet
A new research conducted by advisory firm Stout, Risius and Ross has come to the conclusion that massive automotive recalls are poised to continue their high rate of appearance this ...
US: forecasts put February deliveries up despite weather and West Coast port disruptions
The severe temperature drops that affected New England and important automotive hubs the Southeast, such as Atlanta and Charlotte, seem to have little impact on February’s car sales, according to ...
Morgan Stanley believes Apple could become major player in autonomous car sector
A research note unveiled to investors recently by Morgan Stanley has Apple allegedly becoming a major player if it decides to become involved in the upcoming field of autonomous vehicles. Morgan ...
Three US cars make it in Consumer Reports top ten
Earlier today we told you that Consumer Reports’ annual brand study crowned Lexus and Mazda as the first and second best automakers. But US-made cars also made the top ten ...
US: JPMorgan probed by Justice Dept over auto lending business
The US Department of Justice has started questioning JPMorgan Chase & Co over auto lending practices that might have caused discrimination, said the bank recently. According to a filling with the ...
Faurecia announces retirement of North American leader
According to a statement by the European seating and emissions systems supplier, Mike Heneka will retire from his position of president of Faurecia North America Inc. from March 1. Heneka, who ...
Patent reveals Ford has plans for a car that can harbor a bicycle
Intellectual property fillings are sometimes reliable sources of surprises – for example one recent Ford Motor Co. patent calls for a car that can also house a bicycle, for complete ...

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US regulator orders Takata to preserve airbags for lawsuits, investigations
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