Carmakers sign on to principles to protect motorists' privacy in an era of computerized cars
Nineteen automakers accounting for most of the passenger cars and trucks sold in the U.S. have signed onto a set of principles they say will protect motorists' privacy in an era when computerized cars pass along more information about their drivers than many motorists realize.
Hyundai and Kia to pay US $100M to end probe of overstated mileage on 13 vehicles
Korean automakers Hyundai and Kia will pay the U.S. government a $100 million penalty to end a two-year investigation into overstated gas mileage claims on about one-third of their models.
US safety agency tells Takata to speed up production of air bag replacement parts
U.S. auto safety regulators are telling a company that made faulty air bags to manufacture replacement parts faster and do more testing to find out what's causing the problem.
Avis Budget Group pays $210 million to acquire major licensee
The Avis Budget Group is acquiring a Budget Car Rental licensee for southern California and Las Vegas for approximately $210 million, plus the cost of its vehicle fleet.
Senators ask auto safety agency why it lets car companies limit recalls to certain states
Two U.S. senators are questioning why auto safety regulators are letting car companies recall vehicles only in limited regions when a safety problem could happen anywhere.
Mayor: Toledo should try to work with Fiat Chrysler instead of fighting over Jeep production
Toledo's mayor isn't about to pick a fight with Fiat Chrysler Automobiles, even if it pulls Jeep Wrangler production out of the city where the vehicle's roots date to World War II.
Ohio autoworkers: Possible departure of Jeep with roots back to WWII 'a blow to our pride'
Autoworkers in Ohio are on edge with word Chrysler is considering moving production of its beloved Jeep Wrangler out of Toledo.
US safety regulators probe power steering problems in 938,000 Ford midsize cars
U.S. safety regulators are investigating complaints of power-assisted steering failure in three Ford Motor Co. midsize car models.
US stocks meander to close out month with a loss; eBay jumps on plans to spin off PayPal
A suddenly stormy month on the stock market came to a quiet end on Tuesday.
Oil, rail industries want 7 years to retrofit cars that transport highly volatile crude oil
A top oil industry official says the oil and railroad industries are urging federal regulators to allow them as long as seven years to retrofit existing tank cars that transport highly volatile crude oil.
Global stocks mostly higher after after Wall Street declines, Hong Kong protests
Global stocks were mostly higher Tuesday after Wall Street declined and pro-democracy protests in Hong Kong, a major financial center, added to political risk worries.
GM: China Sales to Top 3.1M in 2014
General Motors expects its sales in China this year to top 3.1 million vehicles and sees no impact on business from an anti-monopoly probe of the industry.
Recall limbo: how to handle an automotive recall if parts aren't available
In July, two scary notices arrived in Amaris McGee's mailbox.
Federal loan guarantee gives northern Nevada waste-to-fuel plant boost toward construction
The developer of a northern Nevada biofuel production plant declared his project ready for construction, after receiving a federal loan guarantee for about half the cost.
China fines Japanese ball bearing maker NSK $28.2 million in anti-monopoly case
A Japanese auto parts supplier, NSK, says it has been fined by Chinese anti-monopoly regulators in a growing investigation of the industry.
New York Fed: US auto loans rise to highest level since 2006, fueled by subprime lending
New U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers.
GM says China joint venture responded to information requests by anti-monopoly regulators
General Motors Co.'s main China joint venture has joined automakers that say they have been contacted by Chinese anti-monopoly regulators as part of an investigation of the industry.
US road safety agency moves slowly when drivers spot problems and petition for investigations
People are waiting longer than they should for an answer when they petition the government to open an investigation into what could be serious safety problems.
New York judge tells lawyers he'll urge settlements in GM cases stemming from ignition claims
A New York judge has told lawyers he'll encourage settlements in lawsuits brought on behalf of nearly 1,000 plaintiffs against General Motors for defective ignition switches.
Business Highlights
___ US airfares on the rise, outpacing inflation NEW YORK (AP) — The average roundtrip ticket within the U.S., including taxes, reached $509.15 in the first six months of this year, up nearly $14 from the same period last year.