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VW says fuel usage understated on some models; Porsche warns

November 4, 2015 by · Leave a Comment 

Volkswagen on Tuesday said it had understated the fuel consumption of 800,000 cars sold in Europe, while majority stakeholder Porsche Automobil Holding SE warned that VW's latest findings could further weigh on its results. The latest revelation about fuel economy and carbon dioxide emissions, which Germany's largest automaker said represented a roughly 2 billion euro ($2.19 billion) economic risk, deepened the crisis at VW. The scandal…

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VW says fuel usage understated on some models; Porsche warns

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Honda drops Takata air bag inflators after U.S. fine, ban on volatile chemical

November 4, 2015 by · Leave a Comment 

TOKYO/WASHINGTON (Reuters) – Honda Motor Co said it was ditching air bag inflators made by Japan's Takata Corp , after the top U.S. auto safety regulator on Tuesday fined the supplier $70 million and ordered it to stop using…

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Honda drops Takata air bag inflators after U.S. fine, ban on volatile chemical