Ford joins driverless car stampedeAuto News

Add Ford to the growing list of automakers working to bring driverless cars to the market.



from Automotive News Breaking News Feed http://www.autonews.comhttp://europe.autonews.com/article/20131213/COPY/312139983/ford-joins-driverless-car-stampede

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In Japan, Honda pegs wage hikes to profit despite government appealsAuto News

Honda Executive Vice President Tetsuo Iwamura said the Japanese automaker will set pay based on reaching profitability targets, rather than government directives on how fast to increase compensation.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/GLOBAL/131219930/in-japan-honda-pegs-wage-hikes-to-profit-despite-government-appeals

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Hyundai preps Super Bowl pitches for Genesis, ElantraAuto News

Hyundai, which used Super Bowl commercials in 2009 and 2010 to tout a restyled U.S. lineup, will make a seventh straight appearance on the game broadcast that draws more than 100 million viewers.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/RETAIL03/131219933/hyundai-preps-super-bowl-pitches-for-genesis-elantra

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Mercedes warns dealers of tight CLA supplies Auto News

Mercedes-Benz told U.S. dealers they should expect fewer CLAs in the first half of 2014 after the new $29,900 coupe helped widen the automaker's luxury-sales lead this year over rival BMW.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/RETAIL/312129894/mercedes-warns-dealers-of-tight-cla-supplies

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Ford joins driverless car stampedeAuto News

Add Ford to the growing list of automakers working to bring driverless cars to the market.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/OEM06/131219935/ford-joins-driverless-car-stampede

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EPA says fuel economy of 2012 models sold in U.S. hit record 23.6 mpgAuto News

Higher sales of vehicles with smaller engines, gasoline-electric hybrids and diesel powertrains helped boost the average fuel economy of 2012 new vehicles sold in the United States 1.2 mpg to 23.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/OEM11/131219937/epa-says-fuel-economy-of-2012-models-sold-in-u-s-hit-record-23-6-mpg

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Federal-Mogul names new CFOAuto News

Diversified parts supplier Federal-Mogul said it hired longtime finance executive Rajesh Shah to senior vice president and CFO. Shah, 62, replaces Alan Haughie, who resigned from the position in August. Haughie later became CFO of ServiceMaster.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/OEM02/131219938/federal-mogul-names-new-cfo

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Ford plans to add thousands of jobs, 3 plants and 23 vehiclesAuto News

A confident Ford Motor said today that it plans to add 5,000 jobs in the United States in 2014, open two plants in Asia Pacific and one in South America, and launch 23 vehicles globally.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/OEM01/131219939/ford-plans-to-add-thousands-of-jobs-3-plants-and-23-vehicles

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Firm created by Microsoft co-founder invests $30M in TrueCar Auto News

TrueCar, reportedly considering an initial public offering next year, said Vulcan Capital -- a private equity firm created by Microsoft co-founder Paul Allen -- has invested $30 million in the vehicle-shopping site.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/RETAIL03/131219940/firm-created-by-microsoft-co-founder-invests-30m-in-truecar

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GM to unload 7% stake in French automaker PSA PeugeotAuto News

GM is selling its entire stake in PSA Peugeot Citroen while scaling back efforts to jointly develop vehicles with the French automaker. GM said it will sell its 7 percent stake, or 24.



from Automotive News Breaking News Feed http://www.autonews.comhttp://europe.autonews.com/article/20131212/COPY/312129918/gm-to-unload-7-stake-in-french-automaker-psa-peugeot

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Strickland stepping down as head of NHTSAAuto News

David Strickland, the administrator of the National Highway Traffic Safety Administration, is leaving the agency. Strickland, 45, has been the United States' top auto safety regulator since early 2010.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/OEM02/131219941/strickland-stepping-down-as-head-of-nhtsa

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GM to unload 7% stake in French automaker PSA PeugeotAuto News

GM is selling its entire stake in PSA Peugeot Citroen, which it acquired when it entered an alliance with the French automaker last year. GM said it will sell its 7 percent stake, or 24.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/OEM/131219942/gm-to-unload-7-stake-in-french-automaker-psa-peugeot

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General Motors sells Ally stake for $900 millionAuto News

GM completed the sale of its 8.5 percent stake in Ally Financial for about $900 million as the automaker moves to sever ties from its former financing arm.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/FINANCE_AND_INSURANCE/131219944/general-motors-sells-ally-stake-for-900-million

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Batey to remain head of Chevy as he becomes GM N.A. presidentAuto News

Alan Batey will remain head of the Chevrolet brand globally even after he assumes his new role as president of General Motors North America, according to two people familiar with the plan.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/OEM02/131219948/batey-to-remain-head-of-chevy-as-he-becomes-gm-n-a-president

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Daimler to name ex-BMW CEO Pischetsrieder to supervisory board, report saysAuto News

Daimler will name Bernd Pischetsrieder, a former CEO of rival premium carmaker BMW, to its supervisory board next year, a German business newspaper reported.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/COPY01/312129933/daimler-to-name-ex-bmw-ceo-pischetsrieder-to-supervisory-board

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New BMW M3 and M4 revealed Auto Trader

New BMW M3 and M4 revealed

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GM gives PSA backing for Dongfeng dealAuto News

PSA/Peugeot-Citroen has won General Motors' backing for a tie-up with China's Dongfeng Motor Group, the French automaker said today, adding that GM and PSA have lowered the savings goals for their scaled-down European alliance.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/COPY01/312129969/gm-gives-psa-backing-for-dongfeng-deal

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Browning out as head of VW of America; Michael Horn named president and CEOAuto News

Jonathan Browning has been replaced as CEO of Volkswagen Group of America, capping a year of struggle for the German brand in the United States. Michael Horn, 51, will take over for Browning, 54, as president and CEO of the company's U.S.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/OEM02/131219949/browning-out-as-head-of-vw-of-america-michael-horn-named-president

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GM's Opel will build new model at German plantAuto News

Opel says it will build a new model at its German plant in Ruesselsheim, Germany. The factory currently builds the mid-sized Insignia and will add the Opel Zafira Tourer minivan in 2015.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/COPY01/312129946/gms-opel-will-build-new-model-at-german-plant

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GM yet to reap full benefits of Peugeot alliance, European partnershipsAuto News

General Motors scaled back its alliance with Peugeot and put a brave face on yet another setback for its efforts to seek growth in Europe through collaboration and partnerships.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/OEM01/131219951/gm-yet-to-reap-full-benefits-of-peugeot-alliance-european

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Ford board to press Mulally on future plans, report says.Auto News

Ford's board of directors plans to press CEO Alan Mulally as soon as today for a decision on his future, as speculation intensifies that he may be offered the CEO post at Microsoft.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/OEM02/131219952/ford-board-to-press-mulally-on-future-plans-report-says

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PSA confirms talks on Dongfeng deal, capital hikeAuto News

PSA/Peugeot-Citroen says it is weighing new commercial and industrial projects with partners including China's Dongfeng Motor Group, backed by a capital increase.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131212/COPY01/312129969/psa-confirms-talks-on-dongfeng-deal-capital-hike

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