by Mari Saito and Maki Shiraki
Honda’s CEO said he would prioritize quality improvements over the company’s target of selling 6 million cars in the year starting April 2016, as the automaker recalls millions of cars to fix potentially defective air bags.
Shares in Japanese auto parts firm Takata plunged nearly 17 percent in Tokyo on Monday following calls for a criminal investigation into an airbag defect that has been linked to at least four deaths.
Analysts at Lux Research are taking a decidedly measured view of Tesla CEO Elon Musk’s recent assertions of Tesla’s technical capability and leadership in the field of autonomous driving.
With the release of “Autopilot” , Tesla has caught up with competitors, but “certainly hasn’t” passed them, according to Lux.
By Jessica Dye
A program to compensate the victims of a faulty ignition switch in General Motors vehicles found last week that the part was linked to two additional deaths and four injuries, bringing the total number of eligible claims to 67, according to a report on Monday.
Mark Fields’ biggest management shuffle since taking over as Ford CEO involves a job swap for two key deputies — Jim Farley and Stephen Odell — who bring very different strengths to their new roles.
