US Automotive News

Honda recalls 2.1 million Accords worldwide, citing risk of engine fire – PBS NewsHour

Japanese automaker Honda Motor Co is recalling an estimated 2.1 million Accord models worldwide because of defects in the vehicle’s battery system that cause engines to light on fire. Photo by REUTERS/Paul Vernon. Japanese automaker Honda Motor Co is recalling an estimated 2.1 million Accord models worldwide because of defects in the vehicle’s battery system that cause engines to light on fire. The recall affects 1.15 million cars in the…

Posted: Saturday, July 15, 2017

Business Briefs: Alternator, wiring causes Fiat recall – Chattanooga Times Free Press

First Tennessee boosts net income The parent company of First Tennessee Bank boosted its second quarter earnings by 61 percent from a year ago, increasing net income for common shareholders to $90.8 million, or 39 cents per share. First Horizon National Corp., the biggest banking firm in Chattanooga and across Tennessee, said earnings, adjusted for non-recurring gains, came to 27 cents per share. The results topped…

Posted: Saturday, July 15, 2017

GM teams up with Uber to expand Maven program to Australia – Reuters

SYDNEY (Reuters) – General Motors Co (GM.N) said on Saturday it was testing its car-sharing operation, Maven, in Australia through a pilot program with ride-hailing company Uber Technologies Inc [UBER.UL]. The leasing agreement will allow Uber drivers to rent cars produced by GM’s Australian manufacturer GM Holden, the company said. “We are testing the adoption of one Maven product – Maven Gig – in Australia through a pilot program in…

Posted: Saturday, July 15, 2017

2017 Mazda CX-5: Boring is beautiful – Los Angeles Times

Please don’t hate me for saying so, but the Mazda CX-5 is one of the dullest cars on the road. In terms of styling, performance and technology, it’s just … plain. No fireworks. No fanfare. No drama. No one is going to slide up to you at a red light and say, “Hey, man, is that the new CX-5?” No one is going to stop you in the parking lot…

Posted: Saturday, July 15, 2017

GM’s judgment day: How two Venezuelan car dealers seized an auto factory – Reuters

CARACAS (Reuters) – Venezuela’s government has seized assets from dozens of foreign corporations in nationalizations by the late President Hugo Chavez and the embattled current government of Nicolas Maduro. The man behind the confiscation of General Motors Co’s $100 million assembly plant in April is a much more obscure figure: Kaled Kansao, the owner of two long-defunct GM dealerships. Kansao convinced a court to seize the plant as the remedy…

Posted: Thursday, July 13, 2017

Mazda Goes Its Own Way To Gain Traction As Small Player in Changing US Market – Forbes

Mazda is attempting a unique straddling strategy to survive as a small brand in a U.S. market that has reached a number of inflection points. It’s an approach to product development, sales and marketing that combines hedging Mazda’s bets — and being downright contrarian in places. The No. 12-selling marque in America is highlighting the importance of the driving experience at a time when most of its rivals are scrambling to be…

Posted: Wednesday, July 12, 2017

This Is How Toyota Plans to Spend $100 Million on AI – Fortune

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Posted: Wednesday, July 12, 2017

The Chevrolet Bolt Is A Great Vehicle — Why Aren’t Chevy Dealers Pushing It? – Forbes

Sam Abuelsamid 2017 Chevrolet Bolt I can certainly understand the motivations that automakers have in trying to minimize the differences between traditional internal combustion engine vehicles and new electrified models. People are often averse to change, the canonical example being the introduction of new Coke. Yet over the course of the past two decades, we’ve seen dramatic shifts in society such as how we communicate in the 10 years since…

Posted: Wednesday, July 12, 2017

Porn And Pacifiers: Honda’s New Odyssey Minivan Offered Kids A Little Too Much Rear Seat Entertainment – Forbes

Honda image 2018 Honda Odyssey The redesigned Honda Odyssey, America’s best-selling minivan, was overhauled from top to bottom for 2018, including a new 4G LTE Wi-Fi hotspot to support streaming video, music and more – much, much more, it turns out, than Honda officials bargained for. While playing around with the rear seat entertainment system in the $46,670 Odyssey Elite before heading out on a family road trip over the…

Posted: Wednesday, July 12, 2017

Ford to sponsor, offer 4 new features at 2017 Woodward Dream Cruise – Detroit Free Press

x Embed x Share CLOSE The Woodward Dream Cruise said today Ford will be its main sponsor for this year’s annual cruise in August. Wochit Buy Photo Families look at Mustangs at the Ford Mustang Alley display during the 2015 Woodward Dream Cruise on Saturday, August 15, 2015. (Photo: Jessica J. Trevino, Detroit Free Press)Buy Photo Ford plans to dramatically expand its presence at this year’s Woodward Dream Cruise and will…

Posted: Wednesday, July 12, 2017

Honda confirms 11th US death tied to ruptured Takata air bag inflator – CNBC

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Posted: Monday, July 10, 2017

Nvidia’s Deal with Toyota Could Bring Meaningful Revenue in 2019, Says Needham – Barron’s

Shares of Nvidia (NVDA) are up $5.24, or 3.6%, at $152, following a couple of endorsements from the bulls this morning. There was a favorable mention by Jefferies & Co.’s Mark Lipacis, who cut his rating on shares of Intel (INTC), saying Nvidia is leading a “fourth wave” of computing that may erode Intel’s server-chip share. In addition, Needham & Co.’s Rajvindra Gill this morning reiterated his Buy rating on Nvidia, and raised his price…

Posted: Monday, July 10, 2017

Nvidia’s Deal with Toyota Could Bring Meaningful Revenue in 2019, Says Needham – Barron’s

Shares of Nvidia (NVDA) are up $5.24, or 3.6%, at $152, following a couple of endorsements from the bulls this morning. There was a favorable mention by Jefferies & Co.’s Mark Lipacis, who cut his rating on shares of Intel (INTC), saying Nvidia is leading a “fourth wave” of computing that may erode Intel’s server-chip share. In addition, Needham & Co.’s Rajvindra Gill this morning reiterated his Buy rating on Nvidia, and raised his price…

Posted: Monday, July 10, 2017

A Key Borrowing Spigot Opens for Ford – Wall Street Journal (subscription)

A handful of investors recently began extending short-term loans to an affiliate of Ford Motor Co. after more than a decadelong hiatus, opening a key borrowing spigot for the blue-chip auto maker, which was locked out of money markets in the last recession. In recent months, a money-market fund of Federated Investors has been buying a kind of short-term IOU called “commercial paper” from Ford Motor Credit Co. LLC. The…

Posted: Monday, July 10, 2017

US judge to name Feinberg as Fiat Chrysler diesel settlement master – Reuters

WASHINGTON A U.S. judge overseeing lawsuits against Fiat Chrysler Automobiles NV (FCHA.MI) over its alleged excess diesel emissions said he intends to name well-known compensation expert Ken Feinberg to try to reach a settlement. Feinberg has overseen compensation funds for the Sept. 11, 2001 attacks, General Motors (GM.N) ignition switch victims and the fallout from the 2010 BP Deepwater Horizon drilling rig explosion (BP.L). He also worked as an consultant…

Posted: Monday, July 10, 2017

Honda Confirms 11th US Death Tied to Ruptured Takata Air Bag Inflator – New York Times

Last year, the U.S. National Highway Traffic Safety Administration (NHTSA) urged owners to stop driving the “unsafe” cars until they were fixed. NHTSA said 2001-2003 model Honda and Acura vehicles have as high as a 50 percent chance of a dangerous air bag inflator rupture in a crash. Advertisement Continue reading the main story Of the deaths linked to Takata’s inflators, 16 took place in Honda vehicles since May 2009,…

Posted: Monday, July 10, 2017

With new Camry, Toyota eyes bigger share of ailing US sedan market – Reuters

TOKYO Toyota Motor Corp (7203.T) on Monday said it was committed to the ailing U.S. sedan market and that it expected a new model of its Camry, the top-selling passenger car in the United States for decades, to help boost the company’s sales in the segment. The automaker said it was “inconceivable” that mid-size sedans would disappear from the market, and that any move by its rivals to stop selling…

Posted: Monday, July 10, 2017

Honda bets on luxury over range with the electric Clarity – Engadget

Clarity is Honda’s new line of green cars. Previously, the Clarity was just a fuel-cell vehicle with limited availability. Now it’s three automobiles on a single platform: a fuel-cell version, plug-in hybrid and the pure electric car we drove. Honda says the entire line is about making a choice based on your driving habits. So before you throw down some cash, you have to decide, “How far will I really…

Posted: Monday, July 10, 2017

Source: David Griffin pulls name out of Knicks’ GM search – ESPN

7:38 PM ET Facebook Twitter Facebook Messenger Pinterest Email print comment Former Cleveland Cavaliers general manager David Griffin has pulled his name out of the New York Knicks‘ front-office search, a source told The Undefeated’s Marc J. Spears. Griffin turned down the opportunity because he and the Knicks couldn’t agree on a role, a source said. He and the Knicks “just couldn’t make it work,” a source with knowledge of…

Posted: Monday, July 10, 2017

2017 Mazda CX-3 Touring AWD: What we liked and didn’t like – MLive.com

The sporty 2017 Mazda CX-3 crossover screams fun on the inside and outside, while keeping the automaker’s handling and “zoom-zoom” signature intact.  Not only does it impress with its 29 mpg (27 mpg city and 32 mpg highway) fuel economy, but it delivers a fun 146-horsepower, 146-pounds of torque that combines its sporty feel with its equally sporty handling.  While Mazda claims it can seat up to five people, I find…

Posted: Monday, July 10, 2017