By Kyoko Hasegawa
Japanese auto parts maker Takata on Thursday rejected a high-profile report that claimed it had covered up the results of tests on faulty airbags linked to as many as five driver deaths.
Category Archives: Useful Information
US Gov’t tells drivers “get used to cheap gas”
By JONATHAN FAHEY
Those low gas prices on station signs aren’t going away soon, the government says. In a dramatic shift from previous forecasts, the Energy Department predicted Wednesday that the average price of gasoline in the U.S. will be $2.94 a gallon in 2015. That is a 44-cent drop from an outlook issued just a month ago.
Renault gets boost from investment ratings agency
Renault’s debt was raised to investment grade at Fitch Ratings, which said the carmaker’s profitability is improving as the company expands deliveries beyond its European base with low-cost vehicles from its Dacia entry brand.
BMW says customer tastes changing, popularity of sports cars declining
BMW Group said sports cars may never find as many buyers as they did in the market’s glory days before the global recession.
Volvo Truck to cut up to 3,000 staff
by Simon Johnson
Swedish truck maker Volvo will cut around 3,000 staff as part of a savings plan to boost profitability, business daily Dagens Industri said on Tuesday.
