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Vehicles recalled amid airbags fear

JAPANESE car giants Honda, Mazda and Nissan are recalling millions of vehicles worldwide amid fears that a defect in airbags manufactured by supplier Takata Corp could cause them to explode. No accidents have been reported. Honda recalled 2.03 million vehicles over the airbag problem, including 1.02 million vehicles in North America and nearly 669,000 in Japan.

Pininfarina takeover would boost Magna expertise in key areas

Magna International Inc. would become a stronger competitor for design and development jobs if it takes over struggling car styling and engineering firm Pininfarina S.p.A., executives say. “Magna badly needs design competence, and Pininfarina has top staff,” said Paolo Tumminelli, CEO of Goodbrands GmbH, a brand and marketing consultancy based in Cologne, Germany.

2014 Jeep Cherokee price to start at $23,990

For better or worse, we know what the 2014 Jeep Cherokee looks like. Now, we know how much it will cost as well: $23,990. That's the base price of $22,995 plus a $995 destination charge.