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Recalled Cars Create A Costly Problem for U.S. Auto Dealers

Honda Motor Co’s order that its U.S. dealers stop selling some 2.2 million of the automakers’ most popular models is compounding financial and regulatory headaches for car dealers stuck with millions of vehicles that have potentially hazardous air bags or other safety defects, reports Reuters.  With the recalls affecting Honda vehicles dating back several years, used-car ... Read More »

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Transportation Bill Paves the Way Toward Digital Vehicle Transactions

WASHINGTON, D.C. — Billed as a down payment for building a 21st century transportation system, the recently passed Fixing America’s Surface Transportation Act, or Fast Act, contains a provision that clears a key hurdle in the industry’s drive toward a fully digital transaction. Inside the 1,300-page bill President Obama signed into law on Dec. 4 ... Read More »

Feds Fine Fiat Chrysler $70 Million

DETROIT, Mich. – The federal agency in charge of vehicle safety in the U.S. has leveled a $70 million civil penalty on Fiat Chrysler Automobiles for the company’s failure to report some legally required safety data, reports mlive.com.  The U.S. Department of Transportation’s National Highway Traffic Safety Administration announced the penalty Thursday. It follows FCA’s ... Read More »

Chrysler Posts a 3% Drop in Profit After $90 Million Fine

DETROIT —  Fiat Chrysler Automobiles said on Wednesday that profits at its American subsidiary fell 3 percent in the second quarter, primarily because of a record civil penalty against the company for violating federal safety laws, reports the New York Times. The subsidiary, which encompasses operations of the former Detroit automaker Chrysler, reported net income of ... Read More »

Over 40,000 Daimler Vans Will Need New Airbags

Daimler AG made 40,061 vans from 2005 to 2008 with airbags that must be replaced, the National Highway Traffic Safety Administration said, reported by Bloomberg Business. The affected vehicles, the 2007-2008 Freightliner Sprinter 2500 and 3500 and the 2007-2008 Dodge Sprinter 2500 and 3500, were manufactured from July 1, 2005, to July 31, 2008, and ... Read More »

NHTSA Admits Faults in GM Investigation

The National Highway Traffic Safety Administration admitted Friday it made a series of errors in its handling of General Motors Co.’s delayed recall of 2.6 million cars with faulty ignition switches linked to 109 deaths and more than 200 injuries, reports The Detroit News. The federal agency pledged to make significant reforms. NHTSA is bracing ... Read More »

Mazda Adds 540,000 Vehicles to Takata Air Bag Recall

Japanese automaker Mazda Motor Co. said Friday it is recalling nearly 540,000 cars and pickups in North America for air bag inflators that can explode, adding to the massive recall of vehicles with potentially defective Takata Corp. air bags, reports The Detroit News. Recalled cars include the 2003-08 Mazda 6, 2006-07 MazdaSpeed 6 and the ... Read More »

Exclusive: Takata, U.S. Regulator Can’t Say How Many Cars May Have Faulty Air Bags

DETROIT – At least 400,000 of the 4 million replacement inflators for defective Takata air bags will need to be replaced again in U.S. vehicles, sources at the Japanese safety equipment maker and the U.S. safety watchdog told Reuters. Another 500,000 of those parts appear to be safe, according to U.S. safety regulators, leaving the ... Read More »

Congress Sets Hearing on Takata, Automakers Expand Recalls

Five automakers on Thursday widened recalls of cars and trucks with Takata Corp air bags and the U.S. Congress set a hearing next week on the safety issue that has been linked to six deaths, reported Reuters. Takata last week complied with demands of U.S. safety regulators and doubled the vehicles to be involved in air ... Read More »

Fiat Chrysler Answers NHTSA Recall Questions

Fiat Chrysler Automobiles NV on Monday said it has responded to detailed demands from federal auto safety regulators who want information about 20 recalls covering more than 10 million vehicles since 2013, reports The Detroit News. The National Highway Traffic Safety Administration said last month it was ordering Fiat Chrysler to attend a July 2 ... Read More »