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Volvo Announces New CEO

Volvo announced Hakan Samuelsson will take over as its new chief executive, replacing Stefan Jacoby.

 

Honda Recalls Nearly a Million Cars Worldwide

Honda Motor Co. said Monday it was set to voluntarily recall 936,000 cars globally to repair problems with power windows and computer equipment. Honda said no serious injuries or fatal accidents were reported due to the problems, and the repair bill would be limited to about $17 million in Japan.

 

Honda recalling 2.5 million cars, SUVs

Honda is recalling 2.5 million cars and SUVs worldwide  to repair the software that controls the automatic transmission, the automaker said.

 

Toyota recalling 1.53 million cars globally

Toyota is recalling 1.53 million Lexus, Avalon and other models, mostly in the U.S. and Japan, for brake fluid and fuel pump problems, the latest in a string of quality problems for the world's No. 1 automaker.

 

GM recalls 300,000 Impalas over seat belt problem

General Motors is recalling more than 300,000 Chevrolet Impala sedans because the seat belts may fail to restrain people in the front seats during a crash.

 

Hyundai Recall: 139,000 Sonata Sedans Recalled For Steering Defect

Hyundai Motor Co. said it is voluntarily recalling 139,500 Sonata sedans in the U.S. because of a manufacturing defect that could cause drivers to lose steering control.

 

Nissan recalls Infiniti G35 sedans, coupes

Nissan Motor Co recalled Infiniti G35 sedans and coupes affecting as many as 134,000 cars due to a connector that could cause airbags not to deploy during a crash.

 

Toyota Recalling 50K SUVs Over Unexpected Slowing

Toyota Recalling 50K SUVs Over Unexpected Slowing

Toyota Motor Corp. recalled about 50,000 Sequoia sport utility vehicles from the 2003 model year to fix an unexpected slowing of the vehicle in the latest recall issued by the Japanese automaker.

 

Chinese Company to Buy Volvo

Chinese Company to Buy Volvo

Ford Motor reached an agreement to sell its Volvo subsidiary to a Chinese conglomerate for $1.8 billion.

 

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