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BBC

Technology - Keyless cars `targeted by thieves`


Organised criminal gangs are increasingly targeting high-end cars with keyless security systems, a motoring industry group warns.


Monday, October 27, 2014  13:27

Yahoo

Business - U.S. prosecutors probing Takata Corp over misleading statements: WSJ


NEW YORK (Reuters) - U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective airbags it sold to automakers including Toyota Motor Corp and Honda Motor Co Ltd, The Wall Street Journal reported on Wednesday. According to the paper, the investigation is in its very early stages. The company has not been accused of any wrongdoing. Spokespeople from Takata, Honda and Toyota could not immediately be reached for comment. (Reporting by Emily Flitter)


Saturday, October 25, 2014  07:28

Yahoo

Business - GM to build more Chevy Volt parts in Michigan


DETROIT (Reuters) - General Motors Co will shift production of the transmission on the 2016 Chevrolet Volt from Mexico to Michigan, the automaker said. Chief Executive Mary Barra plans to make the announcement Tuesday at the Detroit Economic Club. The redesigned 2016 Volt gasoline-electric hybrid car goes on sale in the second half of 2015. GM also plans to keep Volt engine production in Michigan, the company said. The 2016 model will get a new 1.5-liter four-cylinder engine that will be built in Flint, which also builds the 1.4-liter engine in the current Volt. ...


Tuesday, October 28, 2014  04:16

Yahoo

World - GM to move production of Volt part to US


DETROIT (AP) — General Motors is moving production of a critical component in the Chevrolet Volt from Mexico to Michigan.


Tuesday, October 28, 2014  04:16

Yahoo

Business - Deaths linked to GM`s faulty ignition switch rise to 30


By Julia Edwards WASHINGTON (Reuters) - A program that compensates victims of accidents caused by a faulty ignition switch in General Motors vehicles has approved one new death claim, bringing to 30 the total number of fatalities linked to the issue so far, according to a report on Monday. Since it began accepting claims on Aug. 1, the program has received 1,580 claims for deaths and injuries, said the report from the office of attorney Kenneth Feinberg, who was tapped by GM to run the program. The report listed all of the claims received and approved as of Friday. ...


Monday, October 27, 2014  16:30

Yahoo

Business - Deaths linked to GM`s ignition switch rise to 30


By Julia Edwards WASHINGTON (Reuters) - A program to compensate victims of mishaps caused by a faulty ignition switch in General Motors` vehicles has approved one new death claim, bringing the total number of deaths linked to the switch so far to 30, according to a report released on Monday by the lawyer overseeing the program. Since it began accepting claims on Aug. 1, the program has received a total of 1,580 claims for deaths and injuries, according to the report by the office of Kenneth Feinberg, who GM tapped to run the program. ...


Monday, October 27, 2014  15:35

Yahoo

Business - Tesla offers leasing options for new Model S in U.S.


(Reuters) - Tesla Motors Inc unveiled a leasing policy for its new Model S with an option for buyers in the United States to return the car within three months of purchase. U.S. Bank will offer a lease for buyers of the new Model S, lowering monthly lease payments by as much as 25 percent, Tesla Chief Executive Elon Musk said in a blog post dated Oct. 25. If not satisfied and the car is returned within three months of purchase, the remaining lease obligation will be waived, Musk said. ...


Monday, October 27, 2014  12:51

Yahoo

World - Toyota at top in global vehicle sales over VW, GM


TOKYO (AP) — Toyota kept its lead over rivals against rivals Volkswagen and General Motors as the world`s top-selling automaker in the first three quarters of the year.


Monday, October 27, 2014  05:12

Yahoo

Business - U.S. appeals court rules for GM over Spyker`s Saab sale


By Jonathan Stempel (Reuters) - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company. The 6th U.S. Circuit Court of Appeals in Cincinnati on Friday said Spyker failed to show GM intentionally interfered with the Dutch company`s effort to sell Saab to Zhejiang Youngman Lotus Automobile Co, leading to Saab`s bankruptcy. GM had sold a majority of Saab to Spyker in 2010. ...


Friday, October 24, 2014  21:23

Yahoo

Business - U.S. appeals court rules for GM in Spyker`s Saab sale lawsuit


By Jonathan Stempel (Reuters) - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company. The 6th U.S. Circuit Court of Appeals in Cincinnati on Friday said Spyker failed to show GM intentionally interfered with the Dutch company`s effort to sell Saab to Zhejiang Youngman Lotus Automobile Co, leading to Saab`s bankruptcy. GM had sold a majority of Saab to Spyker in 2010. ...


Friday, October 24, 2014  19:14

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