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The U.S. government and private auto-safety raters made evident this week how tougher standards are moving beyond crash tests that just measure passenger protection. Now, they're evaluating systems that can avoid accidents altogether.The Insurance Institute for Highway Safety said Thursday that 48 vehicles earned its highest rating of "Top Safety Cars." Toyota, Honda and Subaru are the winners, with 23 combined. Volkswagen and its luxury brand, Audi, had seven winners. Volvo, Hyundai and Mazda each had multiple winners. The Chrysler 200 was the only domestic car to earn the ...
Takata Corp. handled their air bag crisis is the very reason why they lost one of their biggest investors, Sawakami Asset Management. He was one of the automotive supplier, 12th largest shareholder, but the firm lost faith in Takata after the management refused to explain what was happening during the crisis. “We could not help feeling the management is not trustworthy,” fund manager Takahiro Kusakari said in an interview from his office in Tokyo. “We felt Takata had a ‘we are needed and our products are needed, so the business will come back and the situation won&...
On Monday afternoon, at least a half dozen U.S. stations were selling regular unleaded gasoline for less than $2 a gallon. In Colorado, the state average is $1.95 per gallon. A year ago, the Colorado average was $2.84.In the Denver metro, the average price right now is $1.87 a gallon, which is almost a dollar less compared to a year ago. One driver said he’s probably spending $25 less a month on gas. "Merry Christmas!" was the reaction to the news of a woman who stood at the pump.Some experts are saying gas prices could fall further on an oil-inventory glut and a cont...
The California Air Resources Board (CARB) ordered Audi, Porsche and Volkswagen to recall and repair “illegal” emissions software in more than 15,000 vehicles with 3.0-liter diesel from model years 2009 – 2015 that were sold in California.The automakers have 45 business days from November 25 to put together a recall plan and deliver it to CARB. The order affects about 15,000 California vehicles out of approximately 85,000 sold in the U.S. with diesel engines supplied by Audi.Audi appeared already to be moving toward a recall for the 3.0-liter models. The luxury brand said in a...
According to calculations based on actual monthly sales reported by the manufacturers, the first reports of November auto sales are in.Statistics show that Hyundai, Nissan and Toyota set the pace in November. Gains among major players fell within a narrow range of 0.3 percent at Ford Motor Co. to 3.8 percent at Nissan Motor Co. Hyundai’s 12 percent increase stood out in percentage terms. Hyundai generated sales of 60,007 vehicles, up 12 percent, for its best-ever November. Only American Honda and Volkswagen Group posted a decline in volume. Overall U.S. sales, wi...
