Automotive
Takata downplayed air bag crisis and lost major investor because of it
How Takata Corp. handled their air bag crisis is the very reason why they lost one of their biggest investors, Sawakami Asset Management. In a statement published from Bloomberg News, Sawakami's fund manager, Takahiro Kusakari, said they could not help but feel Takata's management is not trustworthy.
The BMW i8 Spyder will be in production very soon, says CEO Harald Krueger
The BMW i8 Spyder was first seen as a concept in the Beijing Auto Show back in 2012, but now, CEO Harald Krueger said a production version of the car will be introduced very soon.
Armored Mercedes-Maybach S600 is the new bulletproof luxury sedan
Armored vehicle maker INKAS unveiled an armored version of Mercedes-Maybach S600 luxury sedan. The armored S600 offers a bulletproof body that meets European CEN 1063 BR7 standards. The armored Maybach S600 will be on sale next year and priced at $500,000.
Ford recalls almost 452,000 medium size cars over possible fuel leak
Ford recalls 450,000 Fusion, Mercury Milan midsize cars that the gasoline tanks possible can leak fuel.