Lincoln banks on booming small premium crossover market with 2015 MKCAuto News

Lincoln is taking aim at one of the fastest growing segments in the industry -- compact premium crossovers -- with the 2015 MKC inveiled today. As Ford's luxury brand has fallen far behind German, U.S. and Japanese rivals -- Lincoln's U.S.



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Tesla's Musk says there 'definitely' won't be recall of Model SAuto News

Tesla CEO Elon Musk said "there definitely won't be a recall" of the company's Model S sedan as the electric-car maker waits to see if federal regulators investigate crash-related fires involving the vehicle.



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CFPB chief concedes need for balance in auto-loan oversightAuto News

Richard Cordray, director of the Consumer Financial Protection Bureau, said he wants more "openness and transparency" for the agency's oversight of auto lending, but added that the agency still has strong concerns about how dealerships arrange loans.



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Average fuel economy on U.S. vehicles rose in October, report saysAuto News

The average fuel economy of new trucks, cars, SUVs and vans sold in the United States during October rose 0.2 mpg from September, to 24.8 mpg, according to a monthly report from the University of Michigan Transportation Research Institute.



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Hyundai-Kia loosens lid on incentivesAuto News

The Korean auto juggernaut that once kept executives from Detroit and Japan up at night now finds itself slogging through a much more competitive marketplace.



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Audi chief prefers steady growth to profit-cutting spiffsAuto News

Audi has slowly but steadily improved its U.S. market share since 2006, and Chairman Rupert Stadler sees an opportunity to continue to grow -- but not by piling on lease deals. "We are taking the necessary time to grow organically," he said.



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Dealers pay more, keep employees longer, study saysAuto News

Dealers experienced less employee turnover and hired more woman and young people in 2012.



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Group 1 buys 3 Texas stores from MoritzAuto News

Group 1 Automotive Inc. said today that it has purchased three dealerships in Arlington, Texas.



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Chrysler mimics human lung to broaden CNG useAuto News

Chrysler says it has developed a tank to store compressed natural gas that mimics human lungs and will allow the cheaper fuel source to more easily be used in automobiles.



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Nissan's new Mexico plant ready to unleash small carsAuto News

Train cars are standing by to begin shipping Sentras to U.S. retailers from Nissan's newest assembly plant, which opens here today. Nissan has spent $2 billion on the plant in hopes of capitalizing on growing U.S.



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Toyota's new offensive's goal: Improvement, not sheer volumeAuto News

President Akio Toyoda says Toyota Motor Corp.



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Japanese brands to embrace the small, the sporty and the futuristicAuto News

Japan's automakers will go futuristic and local at this year's Tokyo Motor Show, combining the far-out concept cars the show has been famous for alongside the Japan-only 660cc minicars -- some of which are delightfully sporty -- that represent a...



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VW brand sales rise 2% in October on China demandAuto News

Volkswagen said global sales of its core brand rose 2 percent in October as falling demand in Europe and the United States was offset by strong gains in China.



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Subaru boss: Upgrade dealer service to keep conquests Auto News

Subaru boss Yasuyuki Yoshinaga, worried that customer service is being swamped by the brand's sales boom, is pushing U.S. dealers to upgrade to keep new conquest buyers loyal.



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N.A. auto industry to see big supply chain bottleneck within 5 years, study warnsAuto News

Within five years, the North American auto industry will be almost $6 billion short of tooling capacity -- the ability to make the machines and molds automakers and their suppliers use to build auto parts -- according to a new study from Harbour...



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Volkswagen roller coaster is in a down cycleAuto News

For three straight years, Volkswagen turned skeptics into believers. Now some of those believers are skeptics again.



from Automotive News Breaking News Feed http://europe.autonews.com/article/20131111/ANE/311119885/volkswagen-roller-coaster-is-in-a-down-cycle

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