By TOM KRISHER
The U.S. government’s auto safety agency, NHTSA, responding to criticism of its slow response to safety issues, told the manufacturer of millions of potentially faulty air bags to make replacement parts faster and do more testing to find the cause of the problem.
By Ben Levisohn
October has been painful for shares in General Motors and Ford, which have both dropped more than 5% so far this month, as concerns around pricing dominate the conversation around the big U.S. automakers.
By Christoph Rauwald and Craig Trudell
Volkswagen narrowed the gap in nine-month sales with market leader Toyota as the world’s two largest automakers enter the fourth quarter in a neck-and-neck race for the industry’s global top spot.
By Madeline O’Leary
Tesla shares rose the most in eight months after chief executive officer Elon Musk tweeted that sales of its electric Model S rose 65 percent in North America last month and reached a “record high” worldwide.
The Society of Motor Manufacturers & Traders (SMMT) is calling on the Government to regulate the sale of specialist security equipment after it emerged that organised criminal gangs are using the tools to steal keyless cars.
