Takata hires financial adviser to mull restructuring optionsAuto News

Takata hired investment bank Lazard to lead efforts to seek new investment and help resolve financial issues stemming from its record-setting recall of tens of millions of airbag inflators that can rupture, sources told Reuters Wednesday.

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Takata hires financial adviser to mull restructuring options, report saysAuto News

Airbag manufacturer Takata hired investment bank Lazard to lead efforts to seek new investment and help resolve financial issues stemming from its record-setting recall of tens of millions of inflators that can rupture, sources told Reuters today.

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Bill Ford's connections with Flex-N-Gate owner help land Detroit plantAuto News

Two auto industry executives with ties to NFL football franchises -- Bill Ford of the Detroit Lions and Shahid Khan of the Jacksonville Jaguars -- played key roles in bringing a top-tier auto parts plant to Detroit.

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When Car-Making Meets Ride-Hailing (5/24/16)

Car-making meets ride-hailing: GM, Toyota, VW hop in; Back-seat dummies; Dodge’s new ad...
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Classic Olds, Jaguar share screen in X-Men movieAuto News

Vintage Jaguar and Oldsmobile models get screen time in the superhero flick X-Men: Apocalypse, which hits U.S. theaters Friday.

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Google plans randd center for self-driving cars in suburban DetroitAuto News

Google plans to open a 53,000-square-foot operation in suburban Detroit to conduct further randd for the company's self-driving automotive technology.

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Dodge hires new ad agencyAuto News

Fiat Chrysler Automobiles has selected GSDandM as lead agency for Dodge after a review, according to people familiar with the matter.

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BMW invests in California-based mobile carpooling appAuto News

BMW i Ventures, an arm of the German automaker, said it has invested an undisclosed amount in California-based Scoop Technologies, maker of a mobile carpooling app called Scoop.

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Ford recalls nearly 271,000 previous-generation F-150s after brake failuresAuto News

Ford said today that it is recalling nearly 271,000 previous-generation F-150s after a three-month investigation by federal safety regulators into dozens of complaints about front brake failures and nine crashes.

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Daimler's Detroit Diesel union workers ratify new labor contract Auto News

UAW members at Detroit Diesel ratified a contract Tuesday that includes a wage increase and commits Daimler Trucks North America to new engine production.

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FCA has no deal to sell stake to China's GAC, Elkann saysAuto News

Fiat Chrysler Automobiles has not made any agreement with China's Guangzhou Automobile Group to sell a stake, the Italian carmaker's chairman John Elkann said today.

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Crash test dummies get in back seat to make Uber riders saferAuto News

Crash test dummies, who have dutifully endured thousands of simulated accidents from the front seat, are about to get a ride in the back.

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Toyota, recovering from earthquakes, plans full production in Japan next week Auto News

Toyota said all production lines at its factories in Japan would operate between May 30 and June 4, after output was partially suspended following earthquakes in southern Japan last month.

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Toyota-Uber places automakers in rival ride-sharing alliancesAuto News

Toyota's investment in Uber Technologies has drawn the battle lines between the world's largest automakers, which have now solidified partnerships with competing ride-hailing apps in the burgeoning field of on-demand transportation.

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