automaker
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The United States auto safety regulators have confirmed it received an official request from General Motors (GM) asking for a one-year extension on the order to recall nearly 1 million full-size pickups and SUVs equipped with passenger-side airbag inflators. All affected vehicles with the banned inflators were declared “moving death traps” earlier in May. An Auto News report…
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CHINA (Auto News): BYD Co., the electric-car maker backed by Warren Buffett’s Berkshire Hathaway Inc., said a unit of Samsung Electronics Co. bought a $449 million (3 billion yuan) stake in the Chinese auto company. Image: File Photo Shanghai Samsung Semiconductor bought 52.3 million BYD shares at 57.4 yuan apiece in a private placement that raised…
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