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China's auto market growth may halve to 7 percent this year: industry body head

SHANGHAI - Growth in China's auto market, the world's biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said on Saturday.

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GM posts higher-than-expected profit on strong North American demand

DETROIT - General Motors Co on Thursday reported a higher-than-expected profit in the third quarter on strong demand for its redesigned full-size pickup trucks in North America. | Video

23 Oct 2014

U.S. prosecutors probe Takata Corp over statements: WSJ

NEW YORK - U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp and Honda Motor Co Ltd , The Wall Street Journal reported on Wednesday.

Autoliv says taking business in wake of Takata woes

STOCKHOLM - Auto safety parts company Autoliv has seen positive effects on its business in the wake of recent issues with Japanese auto parts maker Takata's air bags, the Swedish firm's top executive said on Thursday.

Nissan recalling 260,000 vehicles globally with Takata air bags

TOKYO - Nissan Motor Co said on Thursday it is recalling 260,000 vehicles globally due to a defect in driver-side air bags made by Takata Corp.