September 10, 2024
Stellantis NV said it’s cooperating with U.S. authorities investigating reports of Jeep engines catching fire, in a potential setback for the company that’s trying to reverse a drop in market share in North America. The National Highway Traffic Safety Administration …
September 6, 2024
The U.S. Transportation Department said on Thursday it is awarding $1 billion for a series of projects aimed at reducing traffic crashes, as road deaths remain sharply higher than pre-pandemic levels. The department separately on Thursday estimated that 18,720 people …
September 4, 2024
The National Highway Traffic Safety Administration said on Tuesday it had confirmed the 28th death in the United States stemming from a defective Takata air bag inflator since 2009. The issue has prompted the largest-ever recall in U.S. history. Over …
September 3, 2024
Product recalls in the U.S. decreased across the automotive, consumer product, food and drink, medical device and pharmaceutical industries in the second quarter, a new report shows. A report from Sedgwick shows the 788 recalls across those industries represent a …
August 30, 2024
General Motors was ordered by a federal appeals court to face a class action claiming it violated laws of 26 U.S. states by knowingly selling several hundred thousand cars, trucks and SUVs with faulty transmissions. The 6th U.S. Circuit Court …
August 28, 2024
Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s squeezed household budgets, a new industry report shows. For car insurance, so-called policy shopping rates — essentially the share of …
August 20, 2024
Auto insurance shopping volume set a new record for the second consecutive quarter, according to a new report that shows the number of U.S. consumers shopping for auto insurance was up 7% compared to the same period a year ago. …
August 15, 2024
More favorable mid-year 2024 results of U.S. personal auto insurers are likely to continue through the end of 2024 and into 2025 due to material price increases and a moderation of claims severity trends “vastly” improving the segment’s profit footing, …
August 14, 2024
South Korea will urge automakers operating in the country to identify batteries used in their electric vehicles, the government said on Tuesday, as authorities seek to calm public safety concerns after a series of fires involving EVs. The government said …
August 12, 2024
Car insurance premiums have gone up by 15% since the beginning of the year, and they are projected to be up 22% by the end of the year, a new report shows. The annual average full-coverage car premium price is …