• Auto Tech
    Takata’s Cash Burns as Air-Bag Maker Searches for a Savior now

    That compares with the company’s market capitalization of about $312 million, which has shrunk by almost 80 percent since the crisis began in April 2013. The auto-parts maker has estimated cash and equivalents may drop another 24 percent to 49.7 billion yen ($456 million) by the end of March 2017 if recalls continue at the current pace, […]

  • Auto Tech
    Actually Takata Puts Worst-Case Airbag Recall Costs at $24 Billion

    The worst-case recall scenario would involve 287.5 million airbag inflators, said the person, who asked not to be identified because the company’s deliberations are private. Takata and the automakers still have to determine how the costs are shared, the person said. Takata Corp., the supplier behind the auto industry’s biggest recall ever, estimated a comprehensive callback […]

  • Auto Tech
    Actually What Will Faulty Ignition Switches Cost GM?

    The car didn’t stop, and its power steering failed, she said. Spain rear-ended the vehicle in front of her, scraping the bridge’s inside rail. The accident left her with back and neck injuries. A passenger, Lawrence Barthelemy, was also hurt. Dionne Spain was driving her 2007 Saturn Sky over the Crescent City Connection bridge in […]

  • Auto Tech
    The Detroit’s Comeback Has an Arabic Accent

    “I got married, and I wanted to make more money,” Sadak says, but the city was in the throes of recession. Renan Sadak, who has a degree in computer science from his native Iraq, could land only an $11-an-hour job managing a liquor store when he arrived in Detroit seven years ago as a refugee. […]

  • American Car
    The Age of Automaker Consolidation Lastly Reaches Japan

    The 500 trillion yen ($4.4 trillion) economy is home to eight automakers, including the world’s sales leader Toyota Motor Corp., and other global players such as Honda Motor Co. and Nissan Motor Co. That’s more than car-loving Germany, which has three domestic automakers, or the far bigger U.S. market, where Ford Motor Co., General Motors […]

  • Auto Tech
    The Easy Steps to Better Gas Mileage

    Putting some of that savings toward basic auto care can lead to more miles per gallon and, in turn, more savings, says the non-profit Car Care Council. With the average price of gas dipping below two dollars per gallon for the first time since 2009, many motorists have been seeing a real savings at the […]

  • Auto Tech
    Car Maintenance Checklist – Infographic

    Not only does routine auto care and preventative maintenance help keep your car safe and dependable, but it helps save money and aggravation. This infographic helps you understand what items should be inspected, either by you or your mechanic, to determine if there is a maintenance need before it becomes a bigger problem. Start the […]

  • Auto Tech
    Lights Out? Check Your Vehicle Lighting

    Before hitting the road, it is a wise idea to make sure your vehicle’s lights are in proper working order, says the non-profit Car Care Council. Fall is here and its arrival means fewer hours of daylight and upcoming holiday travel. “Lights play a critical role in safe driving, as the chance of an accident […]

  • Auto Tech
    Tell You How to Protect Your Car’s Interior

    Commutes, errand runs and road trips can have you sitting in those bucket seats for hours on end, and during that time, you and your passengers are actually living in the interior. That means smudges on the windows, scratches on the dash and food in the seat crevices accumulate and leave you wondering what happened […]