Banco Santander acquires Canada's Carfinco for $269 millionAuto News

Banco Santander SA agreed to buy Canadian car-financing company Carfinco Financial Group for about $269 million.



from Automotive News Breaking News Feed http://ift.tt/1ta4zHa

Source Auto News

NHTSA boss says GM made 'incredibly poor decisions' on recallsAuto News

The top U.S. auto safety regulator harshly criticized GM for not promptly reporting and recalling cars now linked to at least 19 deaths and said he has been meeting with top global automakers to develop a "new normal" for safety recalls.



from Automotive News Breaking News Feed http://ift.tt/Xy4rov

Source Auto News

NHTSA chief, before blistering Senate panel, admits 'we need to improve'Auto News

The head of the National Highway Traffic Safety Administration today insisted that his agency lacked enough information to force a recall of faulty General Motors ignition switches before this year, but under heavy criticism from members of a Senate...



from Automotive News Breaking News Feed http://ift.tt/1t988gW

Source Auto News

Captives likely to get CFPB oversightAuto News

The Consumer Financial Protection Bureau is expected to issue an important new rule on Thursday defining which nonbank lenders -- including captive finance companies -- will be considered 'larger participants' and thus subject to CFPB...



from Automotive News Breaking News Feed http://ift.tt/XxHqC5

Source Auto News

Penske expands engines, power business in Australia, PacificAuto News

Penske Automotive Group today said it is buying a company that distributes diesel and gasoline engines and power systems in Australia, New Zealand and the Pacific markets.



from Automotive News Breaking News Feed http://ift.tt/1u3vHWj

Source Auto News

Toyota FT-1 gets the souped-up 'Gran Turismo' treatment for video gameAuto News

Toyota has joined the 'Gran Turismo' parade of video game racers with a beefier version of its FT-1 concept.



from Automotive News Breaking News Feed http://ift.tt/1t8hols

Source Auto News

A Strike Against 'Two-Tier' (9/16/14)

Lear-UAW deal may foreshadow fate of pay plan; Report cites NHTSA’s ‘tragic’...

from TumblrCynthia Lin

GM adding 3rd shift to Chevy Colorado, GMC Canyon plant in MissouriAuto News

GM will add a third production shift at a Missouri assembly plant where its new midsize pickups and commercial vans are made.



from Automotive News Breaking News Feed http://ift.tt/1qbWI60

Source Auto News

House report, citing 'critical mistakes,' blasts NHTSAAuto News

Federal auto safety regulators failed to detect GM's defective ignition switches despite having 'ample information' about the problem as early as 2007, according to a House committee investigation into the GM recalls and NHTSA released...



from Automotive News Breaking News Feed http://ift.tt/1yckhGf

Source Auto News

Marchionne says Fiat Chrysler will bypass Wall Street road showAuto News

Fiat Chrysler CEO Sergio Marchionne said he doesn't plan to hold a road show for investors before listing shares of the combined car company in New York next month.



from Automotive News Breaking News Feed http://ift.tt/1mbcxPq

Source Auto News

Toyota pauses on Mexico expansion to review growth strategy, report saysAuto News

Toyota is reconsidering a move to open a new compact car assembly plant in Mexico after company President Akio Toyoda told planners searching for a site to pause and review its rationale, executives familiar with the matter said.



from Automotive News Breaking News Feed http://ift.tt/1oVpLLS

Source Auto News

Hyundai takes educational cross-country tourAuto News

Billed as the 3,000-mile test drive, the five-part video series starts on the factory floor in Montgomery, AL, and goes west to Orange County, CA.



from Automotive News Breaking News Feed http://ift.tt/1qJiB2M

Source Auto News

NHTSA chief says GM made 'incredibly poor decisions' on recallsAuto News

The top U.S. auto safety regulator harshly criticized GM for not promptly reporting and recalling cars now linked to at least 19 deaths and said he has been meeting with top global automakers to develop a "new normal" for safety recalls.



from Automotive News Breaking News Feed http://ift.tt/1u1jbXs

Source Auto News

NHTSA chief says GM 'made some incredibly poor decisions' on recallsAuto News

The top U.S. auto safety regulator harshly criticized GM for not promptly reporting and recalling cars now linked to at least 19 deaths and said he has been meeting with top global automakers to develop a "new normal" for safety recalls.



from Automotive News Breaking News Feed http://ift.tt/XuQ6sY

Source Auto News

Hyundai plans to build 2 more factories in China, not 1, reports sayAuto News

Hyundai Motor Co. plans to build two factories in China instead of one, two people familiar with the matter told Reuters today.



from Automotive News Breaking News Feed http://ift.tt/1u16lZ3

Source Auto News

Bosch benefits as new ZF-TRW combo enters driverless car frayAuto News

Robert Bosch GmbH gained full control over key automotive technology, positioning the world's biggest parts supplier as an unexpected beneficiary of ZF Friedrichshafen AG's leap into the No. 2 position.



from Automotive News Breaking News Feed http://ift.tt/1wzfblq

Source Auto News

Opel shakes up Russia operations Auto News

Opel will reorganize its Russian operations in response to difficult market conditions amid the crisis over Ukraine, the General Motors subsidiary said Tuesday.



from Automotive News Breaking News Feed http://ift.tt/1DebUd8

Source Auto News