Bill Ford on the Future (7/8/14)

Transportation model ‘unsustainable,’ exec says; Ghosn on good ‘marriages’;...

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Retail demand, favorable credit keep wholesale used-vehicle prices highAuto News

Wholesale prices of used vehicles in June fell 1 percent from the previous month's level but were 4 percent higher than in June 2013, according to the Manheim Used Vehicle Value Index released today.



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Delphi CEO summoned to Capitol Hill on GM recallAuto News

Delphi Automotive, which supplied the faulty ignition switch at the center of General Motors' safety crisis, will join GM on Capitol Hill's hot seat.



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Superior Industries faces proxy fight over board membersAuto News

Aluminum wheel supplier Superior Industries International faces a shareholder proxy fight at its annual meeting next month.



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Delphi latest in fight over offshore U.S. tax sheltersAuto News

Delphi Automotive plc is in the crosshairs of a battle between the IRS and many large American companies over the use of offshore tax shelters. Delphi is the latest corporation in dispute with the federal government over its tax practices.



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Subaru recalls cars with Takata airbag inflators in U.S.Auto News

Subaru of America is recalling 8,557 older model cars in the United States equipped with potentially defective airbag inflators made by Japanese supplier Takata, the automaker and federal regulators said today.



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Bill Ford predicts 'radical transformation' of auto industryAuto News

Ford Executive Chairman Bill Ford sees a bright -- albeit remodeled -- future for the automotive industry, according to an op-ed story he authored in The Wall Street Journal.



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U.S. auto recalls smash single-year record with 6 months to goAuto News

Automakers this year have already recalled more vehicles in the United States than in any other year on record. NHTSA says U.S. recalls total 37.5 million cars to date, topping the 30.8 million record set in 2004.



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Mexico projected to surpass Brazil as top Latin American vehicle producerAuto News

Mexico is poised to overtake Brazil as the top Latin American automobile producer for the first time in more than a decade as surging exports to the U.S. spur factory openings and record output.



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Next-gen BRZ planned, says Subaru bossAuto News

Subaru plans another generation of the BRZ, the sporty coupe jointly developed with Toyota Motor Corp.



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VW orders sales halt for Golf, GTI over steering flawAuto News

Volkswagen has ordered dealers in the United States and Canada to not sell about 800 units of its new Golf and GTI hatchbacks because a mistake in assembly could cause steering problems.



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Ford announces 6 recalls covering 100,610 vehicles in North AmericaAuto News

Ford said it is recalling 100,610 vehicles in North America in six separate actions. About 92,000 of the vehicles have a potential problem with front axles that run to right wheels and may have not been properly installed during assembly.



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GM won't use insurance proceeds to pay ignition-switch claimsAuto News

General Motors will not be looking for liability insurance funds to help pay for claims stemming from its ignition-switch safety crisis.



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Agnelli family may tighten grip on Fiat after merger with ChryslerAuto News

Fiat's founding Agnelli family may see its voting rights rise to 46 percent as part of a plan to reward long-term investors after a merger with Chrysler and a listing in New York, a regulatory filing in the United States showed.



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Audi joins Mercedes in narrowing BMW's global luxury leadAuto News

Audi's A3 compact sedan and Mercedes-Benz's top-of-the-line S-class model helped the German companies narrow the sales gap with global luxury-car leader BMW in the first half of 2014.



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Audi joins Mercedes in narrowing BMW's global luxury sales leadAuto News

Audi's A3 compact sedan and Mercedes-Benz's top-of-the-line S-class model helped the German companies narrow the sales gap with global luxury-car leader BMW in the first half of 2014.



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