Industry Voices

U.S. data points to strong spending ahead of holiday shopping frenzy
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U.S. data points to strong spending ahead of holiday shopping frenzy

U.S. retailers reported strong sales in October, a sign American consumers were spending with more gusto and could help keep the economy growing at a brisk pace.

By JASON LANGE

VW paves way for UAW representation at U.S. plant
Industry Voices

VW paves way for UAW representation at U.S. plant

By Andreas Cremer; Additional reporting by Mica Rosenberg in New York in Ben Klayman in Detroit; Editing by Michael Urquhart and Jeffrey Benkoe

Honda CEO says to prioritize quality over sales target
Industry Voices

Honda CEO says to prioritize quality over sales target

By Mari Saito and Maki Shiraki; Writing by Chang-Ran Kim; Editing by Ryan Woo

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Continental AG CEO says Audi recall no threat to guidance

Continental AG CEO says Audi recall no threat to guidance

Continental (CONG.DE) said a fault with airbags installed at premium sportscar maker Audi could cost a double-digit million euro amount to fix, a sum which the German automotive supplier could absorb without revising its earnings guidance.

By Irene Preisinger; Writing by Edward Taylor; Editing by Maria Sheahan

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

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

Ford Motor Co on Friday reported a 34 percent drop in third-quarter profit, and revenue fell due to the cost of introducing the F-150 pickup truck.

By BERNIE WOODALL AND BEN KLAYMAN

Special Report: Why Madrid's poor fear Goldman Sachs and Blackstone

Special Report: Why Madrid's poor fear Goldman Sachs and Blackstone

Last year Madrid’s city and regional governments sold almost 5,000 rent-controlled flats to private equity investors including Goldman Sachs and Blackstone. At the time, the tenants were told their rental conditions would remain the same.

By SONYA DOWSETT

More lawsuits filed against Honda, Takata over air bags

More lawsuits filed against Honda, Takata over air bags

The recall crisis involving Takata-made air bags exploding with too much force and spraying vehicle occupants with metal shrapnel is growing, with two more lawsuits filed over accidents in older Honda cars.

By BEN KLAYMAN

Wall St. rallies 1 percent; S&P up for fourth straight day

Wall St. rallies 1 percent; S&P up for fourth straight day

U.S. stocks rallied on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments jumped following their results.

By RYAN VLASTELICA

Fourth U.S. traffic death linked to Takata air bags

Fourth U.S. traffic death linked to Takata air bags

A fourth traffic death in a Honda Motor Co car has been linked to a defective air bag made by Japanese supplier Takata Corp, according to a county medical examiner in Florida.

By BEN KLAYMAN AND BARBARA LISTON

Wind blows away fossil power in the Nordics, the Baltics next

Wind blows away fossil power in the Nordics, the Baltics next

Wind power is blowing gas and coal-fired turbines out of business in the Nordic countries, and the effects will be felt across the Baltic region as the renewable glut erodes utility margins for thermal power stations.

By NERIJUS ADOMAITIS