Daily Archives: November 8, 2014

Takata warns of bigger loss, says air bag customers not canceling

Takata warns of bigger loss, says air bag customers not canceling

By Mari Saito and Maki Shiraki

Takata Corp, whose potentially defective air bags have been linked to four deaths in the United States, warned of a bigger full-year loss and skipped its dividend – the first time it did not offer a payout since it listed in 2006.

Ford’s new Europe chief, Jim Farley, tasked with accelerating turnaround

Ford's new Europe chief, Jim Farley, tasked with accelerating turnaroun

Ford said new Europe chief Jim Farley is tasked with accelerating the automaker’s turnaround in the region, where it expects to lose $1.2 billion this year.

BMW develops street lights with EV charging sockets

Trees bloom in front of the headquarters of German luxury car maker BMW in Munich

by Edward Taylor

BMW has developed street lights equipped with sockets to charge electric cars, it said on Friday, and will run a pilot project in Munich next year that uses existing local authority lighting networks.

Audi Q3, more power, improved economy, higher price

Audi Q3, more power, improved economy, higher price

Audi has unveiled the facelifted Q3, with updated engines and styling. The SUV gets more power and up to 13 per cent more fuel economy, although it will also be more expensive, with prices starting £25,340 – some £1500 more than the outgoing model. Ordering starts in December, with deliveries starting in April 2015.

Ford Fiesta continues reign as UK best seller, says smmt

2014 FORD FIESTA - Ford Fiesta continues reign as UK best seller, says smmt

The Ford Fiesta continues to be the best selling car in the UK, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).