House bill proposes tougher auto safety rulesAuto News

House Democrats introduced another bill Thursday to toughen federal auto safety laws after the National Highway Traffic Safety Administration came under more criticism by U.S.



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CFPB's latest guide on discrimination falls short, auto lenders, dealers sayAuto News

Auto lenders and dealers are largely disappointed with a long-awaited report by the Consumer Financial Protection Bureau that outlines the bureau's method for finding discrimination in auto loans.



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China's Wanxiang to relaunch Fisker Karma with 2012 design, report saysAuto News

Chinese auto parts producer Wanxiang Group, which bought electric car pioneer Fisker Automotive from bankruptcy, is accelerating the relaunch of Fisker's Karma hybrid luxury car by using a design from the company's last year of production, people...



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7 Japanese supplier execs indicted in price-fixing schemeAuto News

A federal grand jury in Detroit has indicted seven executives from Japanese auto suppliers Mitsubishi Electric and Hitachi Automotive Systems for their alleged roles in a conspiracy to fix auto parts prices, the Justice Department said today.



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Alabama steel plant's new owners pledge more supplyAuto News

North American auto plants soon should see an improved and greater supply of the high-strength steels needed to reduce vehicle weight and improve fuel economy, thanks to a change in ownership earlier this year of an advanced steel-finishing plant...



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Auto lenders, dealers: CFPB's latest guide on discrimination falls shortAuto News

Auto lenders and dealers are largely disappointed with a long-awaited report by the Consumer Financial Protection Bureau that outlines the bureau's method for finding discrimination in auto loans.



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Warren Buffett is bullish on GM, DetroitAuto News

Billionaire investor Warren Buffett said today he is bullish on Detroit and General Motors -- and said he's impressed with CEO Mary Barra.



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Auto lenders, dealers: CFPB's latest guide on discrimination falls shortAuto News

Auto lenders and dealers are largely disappointed with a long-awaited report by the Consumer Financial Protection Bureau that outlines the bureau's method for finding discrimination in auto loans.



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Keeping Watch Over Captives (9/18/14)

Regulatory agency takes aim at ‘silent pickpocket of discrimination’; Fiat...

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Lotus may cut workforce 27% in restructuringAuto News

Group Lotus, the maker of exotic British sports cars, may reduce its workforce by 27 percent to cut costs. As many as 325 of the 1,215 people employed at the company could lose their jobs as the manufacturer restructures, Lotus said Thursday.



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NADA calls on CFPB to accept dealer group's anti-discrimination approachAuto News

The National Automobile Dealers Association called on the Consumer Financial Protection Bureau to recognize NADA's Fair Credit Compliance Policy and Program as a valid way to avoid discrimination, at a CFPB hearing today in Indianapolis into...



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Calif. grants 29 permits to test self-driving Lexus, Mercedes, Audi carsAuto News

California issued its first 29 permits this week to three companies to test self-driving cars on public roads, state officials said today.



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Hyundai Motor's record $10 billion bid for trophy property alarms investorsAuto News

Hyundai Motor Group will pay a record $10 billion for the site of its new headquarters in Seoul's high-end Gangnam district, out-bidding Samsung Electronics and sparking investor concerns that it is wasting cash on a trophy property.



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NADA calls on CFPB to accept dealer group's anti-discrimination approachAuto News

The National Automobile Dealers Association called on the Consumer Financial Protection Bureau to recognize NADA's Fair Credit Compliance Policy and Program as a valid way to avoid discrimination, at a CFPB hearing today in Indianapolis into...



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GM recalling natural gas-powered vans due to possible leakAuto News

General Motors will recall about 3,200 vans powered by natural gas because of the possibility of a gas leak that increases the risk of a fire, the automaker said today.



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Fiat Chrysler's new HQ will be a short stroll from Buckingham PalaceAuto News

Fiat SpA will locate its new global headquarters in London's West End, opting for the most expensive office district in the world.



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Mercedes opts for cloud-computing setup to protect data from hackersAuto News

Mercedes is using a cloud-computing setup to protect data generated by vehicles as the industry moves toward driverless cars. Automakers are looking for ways to stop hackers from gaining information or even hijacking vehicles by remote control.



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ZF's Sommer sees more acquisitions beyond TRW purchase Auto News

ZF, which agreed to buy TRW Automotive Holdings in a deal valued at $13.5 billion, sees a need for more acquisitions as even the largest auto suppliers seek size and technology.



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Lear contract first step in eliminating two-tier wages, Canadian union chief saysAuto News

The head of Canada's largest auto worker union said a tentative UAW contract ending two-tier pay disparity at a Lear seat plant in Indiana was the first step in eliminating the practice at Detroit 3 plants in the United States.



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Toyota to boost Mexico truck plant capacity by 41%Auto News

As Toyota ponders its first full assembly plant in Mexico, it plans to boost capacity at its existing factory there almost 40 percent to feed demand for trucks.



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