Opel CEO targets No. 2 sales position in Europe in comeback driveAuto News

GM's Opel brand is targeting second place in deliveries in Europe in the coming years as new models attract buyers. Opel currently is the third-largest brand in the region, behind VW and Ford, according to data from the ACEA trade group.



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CPO sales rise 11% in 1st quarterAuto News

Industrywide sales of certified used vehicles rose 11 percent in the first quarter from the year-earlier level, with many companies registering double-digit increases.



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Jaguar, Land Rover, Ford gain in blue-sky store valuesAuto News

Jaguar, Land Rover and Ford saw their blue-sky multiples increase in the second half, according to a dealership buy/sell advisory firm says. But BMW, Mini, Hyundai, VW and Mazda saw theirs decrease.



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AutoNation swipes at third-party car sites as it builds digital footprintAuto News

AutoNation wants to reduce its dependency on online lead generators and third-party shopping sites.



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GM: Parts On the Way (4/23/14)

90 min. to install new ignition parts; Opel aims for ‘biggest comeback’; Rechtin on...

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Asbury 1st-quarter sales, continuing-operations profit riseAuto News

Asbury Automotive Group reported a 3 percent profit slide for the first quarter of 2014, but improvements in all parts of the business drove profits from continuing operations up sharply.



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CPO sales up 11% in 1st quarterAuto News

Industrywide sales of certified used vehicles rose 11 percent in the first quarter from the year-earlier level, with many companies registering double-digit increases.



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GM owners claim bankruptcy fraud to keep recall suits aliveAuto News

GM's request for court protection from 50 car-owner lawsuits seeking compensation for millions of recalled autos with defective ignition switches was attacked as legally 'unsupportable.'



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2015 Ford Mustang order guide hints at key optionsAuto News

The 2015 Ford Mustang order guide is now available to U.S. dealers and the options include a lot of familiar stuff such as racing stripes and tech packages.



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GM's 1st-quarter profit to take hit from recallsAuto News

This was supposed to be the year when GM made a record $10 billion in profit. But the company, rocked by a recall crisis, will be hard pressed to avoid posting a loss when first-quarter earnings are released on Thursday. The cost of recalling 2.



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Showa latest supplier to plead guilty to price-fixing, will pay $19.9 millionAuto News

Showa has agreed to plead guilty to fixing the prices of electric power steering assemblies and to pay a million fine, the Justice Department said today.



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Asbury to open 2 used-vehicle stores; COO to retireAuto News

Asbury Automotive Group Inc. said today it will open two stand-alone used-vehicle stores later this year.



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J.D. Power to buy Korrelate to measure digital ad spending effectivenessAuto News

J.D. Power is acquiring analytics company Korrelate in a move to measure consumer online shopping behaviors and trends, the company said today.



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JCI Q1 profit rises 59% on increase in automotive businessAuto News

Johnson Controls reported a 59 percent jump in quarterly profit, helped by higher sales in its automotive unit.



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Tesla seeks workers for ex-Chrysler property in Calif.Auto News

Tesla Motors Inc. has leased an idled parts-distribution center in rural California where it plans to hire engineers and technicians as the maker of luxury electric cars expands operations.



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Toyota's global sales top VW, GM for 3rd straight quarterAuto News

Toyota outsold VW Group and GM for a third straight quarter. Toyota sold 2.58 million units in the January-to-March period, it said today. Second place is too close to call as GM and VW said they each sold about 2.4 million vehicles.



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Toyota outsells VW, GM for 3rd straight quarterAuto News

Toyota outsold VW Group and GM for a third straight quarter. Toyota sold 2.58 million units in the January-to-March period, it said today. Second place is too close to call as GM and VW said they each sold about 2.4 million vehicles.



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Fields to take Ford wheel at prime stage Auto News

When Mark Fields took charge of Ford's Americas operations nine years ago, it was a major repair job with record losses and a brush with bankruptcy. Today, Ford's North American operations are the envy of the industry.



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Corvette museum may keep some damaged 'Vettes, sinkhole on permanent displayAuto News

GM and National Corvette Museum officials will meet next month to determine which of eight Corvettes damaged after plunging into a major sinkhole on Feb 12 are fit to be restored.



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Toyota shifts gears to lift Prius' prospects in ChinaAuto News

Toyota's Prius hybrid is the best-selling gasoline-electric vehicle in the world. In China, it's about as rare as the endangered giant panda.



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Mulally said to line up board post after Ford Auto News

Ford CEO Alan Mulally is lining up a substantial corporate position for his next act, probably as a board director or chairman, according to people with knowledge of his plans.



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