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- Lawmakers seek tougher auto safety standards
U.S. auto regulators would be required to establish minimum standards to prevent unintended acceleration and carmakers would pay substantially higher fines for withholding safety information from the government, according to draft legislation.
Переслать - U.S. has 'reasonable chance' of recouping aid to GM, Chrysler, Geithner says
U.S. Treasury Secretary Timothy Geithner said taxpayers were still at risk of losses on investments in General Motors Co. and Chrysler Group, but there was a "reasonable chance" that aid to the companies may be recouped.Переслать - Visteon seeks to block competing reorganization plans
Bankrupt auto-parts maker Visteon Corp. asked a court to prevent competing plans of reorganization from being proposed during what it says may be final talks with creditors, according to a court filing.Переслать - GM prepares affidavit from former CEO Henderson for arbitration
General Motors has prepared for use in arbitration an affidavit from former CEO Fritz Henderson that says the dealer cuts initiated in 2009 could save the company $2.Переслать - Reuter named Nissan communications director
David Reuter has been named director of corporate communications for Nissan North America Inc., responsible for corporate, manufacturing, crisis and strategic communications. He takes over May 10.Переслать - Toyota quality panel won't be and#8216;window dressing,' Slater says
Toyota Motor Corp.'s head of outside advisers on quality said the panel will have autonomy to examine U.S. operations and won't be and#8220;window dressingand#8221; as the automaker copes with record recalls.Переслать - Denso returns to annual profit on cost cuts as sales slip
Denso Corp. swung into the black despite lower sales in the fiscal year that ended March 31, using cost cutting to rebound from losses the prior year in its home Japanese market.Переслать - NADA leader declines to testify for Chrysler in arbitration hearing
The vice chairman of the National Automobile Dealers Association said today that he refused an invitation from Chrysler Group to testify in arbitration against a rejected Utah dealer who was his neighbor and competitor.Переслать - Toyota resumes sales of Lexus SUV labeled 'safety risk'
Toyota Motor Corp. said it is resuming sales of its Lexus GX 460 SUV that were halted for two weeks because of stability concerns.Переслать - GM properly used escrow to repay U.S. loans, Treasury says
General Motors Co., which repaid $4.7 billion in U.S. loans last week, properly used escrowed cash for the payment, a Treasury Department official said in responding to complaints from a Republican senator.Переслать
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