Business News - part 9
BUSINESS July 20, 2015 | 2:05 PM
- Sensors would be able to detect obstacles
- GPS reads layout of the road
- Air filtration system would improve cabin air quality
Ford Motor Co.’s European Research and Innovation Center has developed smart headlights able to detect road hazards and the contours of the road.
Cameras and GPS systems will illuminate the road based on curves, dips and bends. If GPS is not available, the system will store the road’s data for future use.Read more »
BUSINESS July 16, 2015 | 1:37 PM
- Transmissions have become a priority for Magna
- Getrag brand will continue
- The two companies had been in talks for years
Canadian automotive parts maker Magna International Inc., the world’s third largest auto part supplier, has agreed to purchase German automotive transmission systems Getrag for $1.9 billion in order to expand its business.
The deal includes debt and pension liabilities which brings its value to $2.67 billion.Read more »
BUSINESS July 15, 2015 | 2:26 PM
- Ford establishes customer-satisfaction program
- Drivers encouraged to take their cars to the dealership
- Subaru recalls 32,000 cars because of airbag issue
Ford Motor Co. has stopped the sale of the redesigned 2015 Edge crossovers after the company discovered a leak in the car’s body.
Water is able to drip into the passenger compartment under the dashboard through the hood hinges. The issue could lead to corrosion or mold.Read more »
BUSINESS July 14, 2015 | 2:06 PM
- Investigation affects Fiats and Kias
- One serious injury reported
- Investigation second largest in airbag market
The National Highway Traffic Safety Administration, U.S. safety regulators, are investigating potentially faulty airbag inflators manufactured by ARC Automotive.
ARC Automotive inflators are used by various airbag manufacturing companies.Read more »
BUSINESS July 13, 2015 | 1:42 PM
- Automotive manufacturers want to slowly adding technology
- Tech companies believe in making a great leap
- Autonomous vehicles pose several questions
Automotive manufacturers and technology companies have differing visions as to how quickly autonomous vehicles should arrive on the market.
Traditional automakers believe in a gradual approach, adding technology slowly over the next decade.Read more »
BUSINESS July 9, 2015 | 1:18 PM
- 1.6 million vehicles recalled in Japan
- Recalls in other Asian markets will follow
- Chinese sales have fallen within the past year
Honda Motor Co. has expanded its recall of vehicles with Takata Corp. air bags yet again, adding 1.63 million vehicles in Japan and bringing the total number of recalled vehicles to 24.5 million.
The recall is Honda’s third largest this year and an expansion of a May recall.Read more »
BUSINESS July 8, 2015 | 2:05 PM
- Car replaces front passenger seat with platform
- Company says it is committed to safety
- Volvo has decided not to participate in 2016 MATS
Swedish automaker Volvo had designed a concept car with parents of young children in mind, hoping to keep children safer and make parents’ lives easier.
A XC90 SUV had had its front passenger seat removed, replaced with a baby seat pedestal. The pedestal allows the car seat to be locked in rear facing position and to swivel. The baby would be able to maintain eye contact with passengers and the driver, and it would be easier to remove the child from the car.Read more »
BUSINESS July 7, 2015 | 1:59 PM
- Most imports destined for U.S.
- Union concerned about steel prices
- Mexico forced to import gasoline
Mexican auto output increased 6.7% in June to 306,694 vehicles compared to 2014.
Exports rose to 242,720 vehicles, a 5.3% increase.Read more »
BUSINESS July 6, 2015 | 1:26 PM
- Focus needs to be development
- Company has faced multiple challenges
- Honda will not help Takata financially
Takahiro Hachigo, chief executive officer of Honda Motor Co., Japan’s third-largest automaker, says the company needs to focus less on deliveries and more on products.
Honda began producing vehicles in 1963, and is facing many challenges from its sales growth including lapses in quality, lack of innovative technology and stressed employees.Read more »
BUSINESS July 2, 2015 | 1:44 PM
- Problem with ignition could leave car running
- No injuries linked to the glitch
- Ford exploring other revenue streams
Ford Motor Co., the U.S.’s second largest automaker, has recalled 433,000 vehicles in North America because of a glitch that doesn’t allow the ignition to switch off; 374,781 vehicles are in the United States, 52,180 in Canada and 5,135 in Mexico.
When the ignition is shut off and the key is removed, the engine can continue to run. It also can occur when a driver presses the Start/Stop button. The vehicle could then be stolen or roll away.Read more »