auto manufacturers News

Porsches, Lamborghinis Lost at Sea May Cost VW $155 Million

The cargo ship carrying about 4,000 Volkswagen AG vehicles that caught fire last week could cost the automaker at least $155 million, according to a risk-modeling company’s estimate. Of the roughly $438 million total value of goods aboard the Felicity …

Why Investigators Are Still Probing Takata Air Bag Inflators

Why are U.S. auto safety regulators opening a new investigation into Takata air bag inflators installed in millions of vehicles built over the past 20 years? Some of those vehicles have the original inflators that were installed when they were …

Self-Driving Car Bill Reintroduced in House Minus Biggest Backer

Legislation that would allow carmakers to sell as many as 100,000 self-driving vehicles per year in the U.S. is being reintroduced in the U.S. House of Representatives, but one of its biggest cheerleaders is staying on the sidelines until next …

Automakers, U.S. Agency Work on Industry Cyber Safety Measures

Executives from 15 auto companies met with U.S. Transportation Secretary Anthony Foxx Tuesday to discuss specific industrywide actions that can improve safety and prevent cars from being hacked. The meeting was convened after record numbers of cars have been recalled …

Senate Passes Bill Tripling Potential Automaker Fines to $105M

The U.S. Senate passed legislation that will triple the maximum fines automakers pay for violations of motor-vehicle safety laws yet bypassed other measures sought by consumer groups. The new $105 million cap was part of a six-year surface transportation policy …

Auto Makers Look at Ways to Improve Recall Numbers

Robo calls, social media ads, personal letters from the CEO and even a smartphone app are among ways auto companies are trying to convince more customers to get repairs done on cars recalled for serious safety defects. The unusual steps …