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Volkswagen seeks savings of 10 billion euros: source
Volkswagen Group (VOWG_p.DE) is seeking cost savings of around 10 billion euros ($12.4 billion), a source told Reuters on Friday.
By Jan Schwartz; Writing by Edward Taylor; Editing by Alexander Ratz and Kirsti Knolle
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Takata refutes report of secret airbag tests: NYT
Auto parts maker Takata Corp (7312.T) offered a "substantive rebuttal" to accusations by two former employees that the company carried out tests on airbags in 2004 in Michigan and found signs of defects but did not report the results to federal regulators, the New York Times reported.
By Supriya Kurane in Bangalore; Editing by Gopakumar Warrier
Wall Street set to open flat after three-week run
U.S. stocks were poised for a flat open on Monday, after the Dow and S&P 500 advanced for a third straight week to fresh record highs.
Takata executives ordered technicians to erase air bag test results: report
Takata Corp, the Japanese auto parts maker at the center of a global vehicle recall, ordered its technicians to destroy results of tests on some of its air bags after finding cracks in air bag inflators, the New York Times said on Friday.
By Chang-Ran Kim and Mari Saito; Editing by Edwina Gibbs, Mark Bendeich and Ian Geoghegan
GM tells court it not liable for claims over pre-bankruptcy cars
General Motors (GM.N) said in a court filing on Wednesday that it should not have to face lawsuits based on safety issues in cars made before its 2009 bankruptcy, including a faulty ignition switch that led to the recall of 2.6 million cars earlier this year.
Toyota recalls 5,850 cars, mostly in U.S., for possible steering issue
Toyota Motor Corp (7203.T) said on Tuesday it is recalling about 5,850 cars, most of them in the United States, for possible loss of steering control.
GM ignition-switch death, injury claims up 12 percent
A program to compensate victims of accidents caused by a faulty ignition switch in General Motors (GM.N) vehicles has received 1,772 claims for injuries and deaths, a 12 percent increase from the previous week, according to a report Monday.
By JESSICA DYE
