1. Market Research
  2. > Top Headlines
  3. > Business
  4. > Business News - part 9

Business News - part 9

Honda Running Ad Campaign to Get Owners to Replace Recalled Airbags

Honda Running Ad Campaign to Get Owners to Replace Recalled Airbags

BUSINESS

Honda Motor Co. is launching an ad campaign this month to urge Honda and Acura owners under the airbag recall to take their vehicles in for the repairs. The goal is to save lives.

The company estimates only 1.1 million, 14%, of the 8 million vehicles recalled in the U.S. have been repaired. Of those 8 million, 6.2 million are Hondas or Acuras, and 17,809 owners could not be located.

Read more »

Chinese Cities Place Restrictions on Auto Growth

Chinese Cities Place Restrictions on Auto Growth

BUSINESS

In December, Shenzhen became the latest Chinese city to limit the number of new license plates it will issue annually. The move comes as Chinese are becoming increasingly concerned about traffic issues and air pollution.

Shenzhen limited the number to 100,000. Last year, 500,000 new cars were sold in the city.

Read more »

FCA Recalls 702,000 Vehicles for Ignition-Switch Malfunction

FCA Recalls 702,000 Vehicles for Ignition-Switch Malfunction

BUSINESS

  • Engine can shut down unexpectantly
  • Issue similar to problem faced by General Motors
  • FCA also recalling 500,000 vehicles for fuel-pump problems

FCA US LLC, a division of Fiat Chrysler Automobiles NV, has recalled 702,578 minivans and SUVs because of ignition-switch problems, according to documents filled with the National Highway Traffic Safety Administration.

The problem causes the ignition to move, shutting off the engine and disabling power steering and brakes and the airbags. There have been 12 complaints.

Read more »

Daimler to Spend $500 Million on South Carolina Assembly Plant

Daimler to Spend $500 Million on South Carolina Assembly Plant

BUSINESS

Daimler AG has announced plans to build a $500 million assembly plant outside Charleston, South Carolina.

The plant will assemble Mercedes-Benz Sprinter vans.

Read more »

Study: Self-Driving Cars Would Reduce Accidents 90%

Study: Self-Driving Cars Would Reduce Accidents 90%

BUSINESS

  • Accident reduction would save $190 billion
  • Autonomous vehicles would change insurance, repair industries
  • Drivers would spent free time on Internet

Automobile accidents in the United States would drop 90% with self-driving vehicles, according to a study by consulting firm McKinsey & Co. on how autonomous vehicles will reshape our world. The reduction in accidents would, in turn, save lives and save $190 billion in healthcare costs and vehicles repairs.

Autonomous vehicles are the largest trend in the auto industry, the report found.

Read more »

Ford Creates Life-Sized Version of Tonka Dump Truck

Ford Creates Life-Sized Version of Tonka Dump Truck

BUSINESS

  • Truck for demonstration purposes only
  • Vehicle symbolic of customers’ love of the Ford truck series
  • Changes coming to the 2016 F-650 and F-750 trucks

Ford Motor Co. has collaborated with Funrise Toy Corporationto produce a life-sized, working version of the Tonka toy dump truck.

The F-750 dump truck has a 6.7-liter diesel V-8 engine and can haul up to 17,000 pounds.

Read more »

February Auto Sales Grow 6% From 2014

February Auto Sales Grow 6% From 2014

BUSINESS

February auto sales were 6% higher than 2014,but still fell below analysts’ forecasts of 9%-10%. Once all automakers have reported, sales may have increased as high as 8% with 1.29 million vehicles sold.

“It’s hard to believe weather wasn’t a factor,” Michelle Krebs, senior analyst at AutoTrader.com, told Bloomberg Business. “The Northeast is a huge small-utility market, so that had to have some impact. I’m not worried that they’re off a couple of percentage points. They’ll probably make it up in March and April.”

Read more »

AT&T Integrating Digital Life with AT&T Drive

AT&T Integrating Digital Life with AT&T Drive

BUSINESS

AT&T Inc., the second-largest wireless carrier in the U.S., is integrating Digital Life, its home security and automation service, with its Drive connected car platform.

Users will be able to control Digital Life from their dashboard using either a control panel or voice commands.

Read more »

Fiat Chrysler Recalls 26,000 Cars in North America

Fiat Chrysler Recalls 26,000 Cars in North America

BUSINESS

Fiat Chrysler has issued a recall for the 2015 Chrysler 200 with V-6 engines because of a manufacturer’s defect. The recall affects nearly 26,000 cars sold in North America.

A problem with the nine-speed automatic transmission causes the transmission to be unable to shift to park, and the car could roll away unexpectedly. A defect causes sensors to indicate the car is in park when it is not.

Read more »

Lexus Named Best Brand in Consumer Reports, J.D. Power Studies

Lexus Named Best Brand in Consumer Reports, J.D. Power Studies

BUSINESS

Lexus took the top spot in Consumer Reports’ annual auto issue and J.D. Power’s 2015 Vehicle Dependability study.

General Motor’s Buick became the first U.S.-based brand to rank in the top 10 brands, placing seventh.

Read more »

Share

Follow

Browse our categories

Browse our archives

ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.