Correspondent, Detroit
Ben's Feed
Nov 3, 2014

U.S. October auto sales strong, but GM misses

DETROIT (Reuters) – U.S. automakers reported their strongest October sales in years on Monday, but top-seller General Motors Co (GM.N: Quote, Profile, Research) missed expectations.

Fiat Chrysler Automobiles (FCHA.MI: Quote, Profile, Research)(FCAU.N: Quote, Profile, Research) U.S. October sales rose 22 percent on strong pickup truck and Jeep SUV demand, and beat analysts’ expectations.

Nov 3, 2014

Chrysler U.S. sales up 22 percent on pickup truck demand

DETROIT, Nov 3 (Reuters) – Fiat Chrysler Automobiles
U.S. October sales rose 22 percent on strong
pickup truck demand, the company said on Monday.

The Ram pickup truck brand, anchored by the Ram 1500,
reported sales of 39,834 vehicles, a 36 percent increase from a
year ago. Chrysler Group and its Ram brand took advantage as
Ford Motor Co has lowered production of its top-selling
F-150 pickup truck in recent months. Ford is transitioning to a
new aluminum-bodied version that will begin sales late this
year.

Oct 30, 2014
Oct 30, 2014

U.S. regulator to Takata: Give us faulty air-bag documents

DETROIT, Oct 30 (Reuters) – U.S. auto safety regulators on
Thursday ordered Japanese supplier Takata Corp to
provide documents and answer questions under oath related to the
government’s ongoing probe of potentially defective Takata air
bags in millions of U.S. vehicles.

The National Highway Traffic Safety Administration sent a
special order to the supplier’s American unit, TK Holdings Inc,
ordering delivery of the documents by Dec. 1.

Oct 30, 2014

U.S. regulator orders Takata to provide documents related to faulty air bags

DETROIT (Reuters) – U.S. auto safety regulators on Thursday ordered Japanese supplier Takata Corp to provide documents and answer questions under oath related to the government’s ongoing probe of potentially defective Takata air bags in millions of U.S. vehicles.

The National Highway Traffic Safety Administration sent a special order to the supplier’s TK Holdings Inc, ordering delivery of the documents by December 1.

Oct 27, 2014
Oct 24, 2014
Oct 24, 2014
Oct 24, 2014

U.S. House panel to meet with safety regulators about Takata air bags next week

WASHINGTON/DETROIT (Reuters) – The U.S. House committee looking into the defective air bags made by Japanese supplier Takata Corp (7312.T: Quote, Profile, Research, Stock Buzz) will hold an initial briefing with U.S. safety regulators next week to learn the details of the regional recalls affecting 10 automakers, a committee aide said on Friday.

The date of the House Energy and Commerce Committee’s briefing was not disclosed. It is not a hearing and will not be open to the public, the aide said.

Oct 24, 2014

Ford’s lower profit beats estimates; sales down on F-150 launch

DETROIT (Reuters) – Ford Motor Co’s third-quarter earnings fell 34 percent but beat Wall Street expectations on a strong showing in North America even as revenue fell due to the cost of introducing the F-150 pickup truck.

Ford’s launch of its aluminum-bodied F-150 is on track, the company said on Friday. A 3 percent drop in third-quarter revenue to $34.9 billion is largely linked to the planned shutdown of the F-150 plant in Dearborn, Michigan.

    • About Ben

      "Ben Klayman is based in Detroit and in April was named leader of the global automotive team for Reuters. Previously, Ben covered the business of sports as well as consumer and retail for three years and led the manufacturing/housing team for four years. He also covered the telecommunications sector for three years. He joined Reuters in Detroit in 1998 to cover autos. Prior to joining Reuters, he worked at a series of daily newspapers in Ohio and Maryland. Ben graduated from Washington University in St. Louis in 1989 with a bachelor's degree in English literature."
      Joined Reuters:
      1998
    • More from Ben

    • Contact Ben

    • Follow Ben