Business / Corporate Apr 6, 2022
GM and Honda announce tie-up to develop affordable electric vehicles
The move will dramatically deepen an existing partnership that already spans gas-powered models, batteries and self-driving technology.
World Feb 10, 2022
Canada protest starts to bite as Ford is forced to close engine plant
The blockade of the Ambassador Bridge between the U.S. and Canada by protesters angry over COVID-19 restrictions is in its third day, with no end in sight.
Business / Corporate Jan 5, 2022
Toyota surpasses GM to take U.S. sales crown for first time
To retake its leadership position, GM will have to return to something closer to the 2.5 million vehicles the company delivered in 2020.
World Apr 20, 2021
COVID-19 once spared the young. Now more are being hospitalized.
The new variants of the virus are more contagious and appear to hit young people harder than the original strain that emerged more than a year ago.
Business / Corporate Sep 4, 2020
Honda and GM seek North America alliance to share car platforms
Honda Motor Co. and General Motors Co. are laying the groundwork for a deeper partnership in North America to jointly develop gasoline engines and crossover SUVs, seeking to cut costs as the auto industry moves toward electric vehicles. The two automakers signed a nonbinding memorandum ...
Business / Corporate | ANALYSIS Sep 28, 2018
SEC probe raises once unthinkable prospect of a Tesla without Elon Musk
It is nearly impossible to imagine Tesla Inc. without Elon Musk — its chairman, CEO, largest shareholder and public face. But the Securities and Exchange Commission's lawsuit Thursday has raised questions about the executive's future at the electric car company, sending shares spiraling. The agency ...
Business / Corporate Jun 22, 2017
Lexus slides in quality rankings as Kia and Hyundai grab top spots
Toyota Motor Corp.'s Lexus line has slipped below the industry average in a closely watched study of new-car quality, while South Korean automakers that only recently supplanted Japanese and German brands gained more momentum. Lexus — long considered a stalwart of quality — ranked 15th ...
Business / Corporate Sep 27, 2016
Takata lifelines scrutinized by carmakers stuck in cost bind
Takata Corp. and some of the world's biggest carmakers face an extensive, expensive to-do list as they try to resolve the worst safety crisis in the auto industry's history. Executives for the Tokyo-based maker of air bags are scheduled to meet in Japan with Honda ...
Business / Corporate Jun 3, 2016
Bain, PAG Asia get in line for potential Takata purchase
Bain Capital and PAG Asia Capital are evaluating bids for Takata Corp., joining KKR & Co. among private equity firms with an interest in the Japanese air bag supplier behind a record safety recall, according to people familiar with the matter. Takata's shares surged. The ...
Business Apr 2, 2015
New York motor show stealing Detroit's thunder
Detroit may be where cars are made, but New York is becoming the town to show them off. Just look around at the New York International Auto Show. Honda Motor Co. chose the Big Apple to surprise the motoring press and car buffs with a ...