Here's an explanation of the engine oil dilution issue potentially affecting as many as 1 million Honda CR-V and Civic models, transcribed from a video American Honda posted in October.
American Honda is working to stay ahead of potential consumer complaints related to a possible engine oil problem in hundreds of thousands of Honda CR-V and Civic models that have a 1.5-liter turbocharged engine.
Automakers were already testing the waters for child-detection safety features. If regulators move forward in the U.S. and Europe, the technologies would be required.
The lighting systems supplier thought it could M&A its way to bigger size, but that strategy has gotten too expensive.
Add the largest U.S. vehicle retailer to a growing list of groups with campaigns to hire technicians and make their jobs more appealing. "The industry understands it’s got a problem," says one expert.
British researchers found they could hack a vehicle through off-the-shelf car alarms. That's a problem.
When it comes to discrimination in auto lending, the debate is far from over.
Subaru is working to double its force of technicians to 13,000 in the next four years to address a shortage spurred by growing sales.
Visteon is working to perfect a tricky new product, and was waylaid by a bungled plant move.
New-vehicle sales remain strong, and delinquency rates are still low. So, it's tempting to conclude that financially, consumers can keep handling those bigger auto loans, rising interest rates and higher monthly payments. But sticker shock and budget constraints could push many customers to consider other options.