by Patrick Rucker
Two Democratic lawmakers on Friday called for the U.S. Justice Department to examine whether air bag-maker Takata broke the law, as authorities study the dangers of the safety device that is now part of a sweeping recall.
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 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
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 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.
