Auto Sector

New Federal Law Prohibits Car Rental Companies from Renting Recalled Cars until they are Repaired

New Federal Law Prohibits Car Rental Companies from Renting Recalled Cars until they are Repaired

Last year a legislation approved by the Congress was endorsed as a law which comes into effect today, which makes it necessary for rental car companies which have fleets exceeding thirty five vehicles, to pull out all recalled vehicles until they are repaired.

Lawmakers of Missouri Fail to Help Uber, Lyft Grow in the State

Lawmakers of Missouri Fail to Help Uber, Lyft Grow in the State

Ride hailing services like Uber and Lyft face another stumbling block in Missouri this year, as lawmakers failed to make things easier for the ride sharing services in this legislative session.

Takata Appoints Financial Advisory Firm Lazard to Lead Restructuring Plan

Takata Corp, the air bag maker from Japan has been losing money continuously due to the recall of hundred thousands of its faulty airbags.

Suzuki shares fall after concerns over possible economy testingfault

The shares of Japanese auto major, Suzuki fell significantly after some reports in the country indicated that the company might have found a problem with its fuel economy testing.

Safety concerns continue to impact ride sharing services

Safety concerns for passengers and even drivers continue to be a major cause of concern for the ride sharing industry around the world.

Honda to recall additional 21m cars to replace airbags

Honda to recall additional 21m cars to replace airbagsJapanese automaker, Honda has said that it will recall an additional 21 million vehicles form the market in order to replace the faulty air bags mad

Pages