BMW to recall 280,000 sedans to fix airbags

Article Abstract:

Bayerische Motoren Werke AG (BMW) announced that it is recalling all of its 3-series sedans that have been produced since the relaunching of the model in April 1998. The sedans are being recalled because of problems with the side airbags. BMW also stated that the recall will be used to check for possible brake problems in the sedans. However, BMW said that no brake problems have been discovered on the sedans to this point.

Comment:

Recalling all relaunched 3-series sedans for airbag problems

Product standards, safety, & recalls, All Other Motor Vehicle Parts Manufacturing, Sedans, Auto Restraining Systems, Automobile equipment and supplies industry, Automotive parts industry, Product defects and recalls, Automobile industry, BMW AG

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Daimler-Benz's trucks division rolls

Article Abstract:

Daimler-Benz AG announced that the rebound of its trucks division is continuing into the first seven months of 1998. The commercial-vehicle unit produced its first profit in 1997. Its sales increased 21% during the first seven months of 1998, compared to the same period in 1997. Daimler stated that it is hoping to sell 6.7% additional units over what it originally predicted for its trucking sector in 1998.

Comment:

Announced that the rebound of its trucks division is continuing into the first seven months of 1998

Trucks, Motor Vehicle Manufacturing, Daimler-Benz AG, Article

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Porsche posts record sales as it keeps a rosy outlook

Article Abstract:

Porsche AG, the German sports car manufacturer, announced record sales and profits for the 1998 fiscal year. PRetax profits amounted to $194.1 million for the year ending July 30.

Automobiles, Porsche AG

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