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  • Honda's quarterly profit jumps 20 pct on Asian vehicle sales growth, raises annual forecast

    TOKYO - Honda's quarterly profit surged nearly 20 per cent on demand for remodeled cars in Japan and elsewhere in Asia. The Japanese automaker also raised its full-year profit and sales forecasts.Honda Motor Co. reported a profit Tuesday of 146.5 billion yen ($1.4 billion) for the April-June fiscal first quarter, …

    July 29, 2014

  • NEW YORK, N.Y. - Nissan is recalling more than 226,000 additional vehicles over a defective air bag that has affected much of the global auto industry.The National Highway Traffic Safety Administration said Saturday that Nissan North America Inc. is recalling certain lines of its Infiniti, Maxima, Pathfinder and Sentra cars …

    July 28, 2014

  • Healthy sales, cheap yen help push Nissan quarterly profit up with North America, China growth

    TOKYO - Nissan's quarterly profit rose nearly 37 per cent, helped by a favourable exchange rate and healthy sales in North America and China.Nissan Motor Co. reported Monday a better-than-expected net profit of 112 billion yen ($1.1 billion) for the April-June first fiscal quarter, up from 82 billion yen a …

    July 28, 2014

  • Ontario's 75 utilities hinder rise of electric cars: experts

    Ontario's overabundance of utility firms may pose a major roadblock to the province's plan to boost electric car ownership, some experts say.The experts say Ontario's 75 independently operated utilities often overlap their efforts and breed inefficiency, holding back upgrades needed so the grid can support what the province expects will …

    July 27, 2014

  • DETROIT - The U.S. government's road safety agency is investigating complaints about engine stalling and alternator failures in Dodge Charger sedans.The probe covers about 123,000 Chargers from the 2011 and 2012 model years.The National Highway Traffic Safety Administration says it has 14 complaints of alternator failure and stalling. All the …

    July 25, 2014

  • US safety agency probes Hyundai Sonatas; electrical problem can cause air bag failure

    DETROIT - U.S. safety regulators are investigating whether an electrical problem can knock out the air bags on some older Hyundai Sonatas.The probe announced Friday covers about 394,000 midsize cars from the 2006 through 2008 model years.The National Highway Traffic Safety Administration says it has received 83 complaints about the …

    July 25, 2014

  • Ignition switches have presented General Motors with significant safety issues this year. Here are details of the switch problems by the numbers, including new information filed Thursday in GM's second-quarter report to securities regulators:— 60: Number of recalls issued by GM this year.— 29 million: Total number of vehicles recalled …

    July 25, 2014

  • Nissan to make CVTs that shift like conventional automatics

    Nissan will be adding a software tweak to its continuously variable transmissions to make them feel more like an automatic transmission.Known officially as D-Step Shift Logic, this tweak is expected to appear in Nissan's 2015 models equipped with a CVT, including the Versa, Sentra, Altima V6, Pathfinder and Quest. A …

    July 25, 2014

  • BEIJING, China - General Motors Co. and its main Chinese partner are recalling nearly 20,000 imported Cadillac SRX sport utility vehicles and Chevrolet Camaros to replace defective seat bolts.GM said Friday the defect might allow seats to descend to their lowest position, possibly causing a safety hazard. The company did …

    July 25, 2014

  • Ford's second quarter net profit up 6 per cent to $1.3 billion as Europe makes money again

    DEARBORN, Mich. - Ford Motor Co. beat Wall Street's expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years.But things will get leaner in the second half as Ford closes one of its …

    July 24, 2014

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