Automotive News / Automotive

Fiat Chrysler selling 87 million shares of stock

DETROIT -- Fiat Chrysler Automobiles said Thursday it has launched a public offering of 87 million shares of common stock as the automaker works to raise capital to help it with an ambitious five-year strategic plan.

The public offering of shares...

Honda agrees to expand airbag recall

WASHINGTON -- Honda North America said Wednesday morning it would agree to a demand by federal regulators calling for a nationwide recall for a deadly defect in airbag inflators, even as the airbag manufacturer continued to resist the call by the ...

US House panel presses Takata on airbag defect

WASHINGTON -- U.S. House members began a hearing Wednesday morning on a deadly defect in airbag inflators asking questions as to why the manufacturer, Takata, has not agreed to a nationwide recall as requested by federal regulators, even as Honda ...