N.Y. Department of Financial Services subpoenas captives, 2 banks over subprime auto lendingAuto News

New York state's financial services regulator has subpoenaed financing divisions of automakers including Ford, Honda, Nissan and Volkswagen, along with banks Santander and TD Bank, as part of a probe of possible consumer abuses in subprime auto...



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Automakers say selection of firm to test Takata inflators will come soonAuto News

Automakers investigating the scope and cause of sudden ruptures in Takata airbags concluded their first meeting Thursday in metro Detroit without selecting an outside engineering firm to conduct the group's testing.



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GM offers fix on small-car ignitions to prevent stuck keysAuto News

General Motors is offering to repair customers' Chevrolet Cobalts and other older small cars to prevent keys from getting stuck in the ignition, but the company said it isn't issuing a recall because the problem doesn't pose a safety risk.



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Janet Barnard named president of Manheim North AmericaAuto News

Manheim North America COO Janet Barnard has been named president of the auction company, effective immediately, the company's parent, Cox Automotive, said Thursday.



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Fields predicts 'breakthrough year' for Ford in 2015Auto News

Ford CEO Mark Fields said 2015 will be 'a breakthrough year' for Ford after a large number of vehicle launches trimmed profit margins in 2014.



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Convert traditional vehicles to EVs? Ford, GM and others are brainstormingAuto News

Tony Earley, CEO of utility Pacific Gas and Electric in California and a member of Ford Motor Co.'



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Kentucky dealer Sam Swope dies at 88Auto News

Sam Swope, who acquired his first auto dealership -- a Dodge and Plymouth store -- in 1952 and went on to build a wide-ranging brand portfolio in Kentucky, died Tuesday, Dec. 9.



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DriveTime names Manheim, low-end vehicle auction as exclusive remarketersAuto News

DriveTime has named Manheim and Go Auto Exchange, an auction that specializes in dealer-to-dealer sales of low-end used vehicles, as its exclusive sales outlet for remarketing vehicles.



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GM to double Mexico production capacity, invest $3.6 billion in plantsAuto News

General Motors plans to invest $3.6 billion in Mexico to double its production capacity at its plants around the country, officials said today.



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Automakers meet to coordinate Takata airbag testingAuto News

Several automakers were meeting in metro Detroit today to begin an industrywide investigation into the cause and scope of faulty Takata airbag inflators, according to two sources with knowledge of the plans.



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AutoNews Now: End of Ford's tech nightmare?

MyFord Touch giving way to Sync 3; Subaru closing in on Dodge?; India’s Mahindra reportedly...

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GM to double Mexican production capacity, invest $3.6 billion in plantsAuto News

General Motors plans to invest $3.6 billion in Mexico to double its production capacity at its plants around the country, officials said today.



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Ford dumps MyFord Touch name in revamp of infotainment systemAuto News

Ford is dropping the name 'MyFord Touch' in an overhaul of the touch-screen infotainment system that sent its quality ratings plummeting in recent years.



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Ford, Magna, Verizon commit $2 million to bring 10 transportation-related startups to DetroitAuto News

Ford, Magna, and Verizon are sponsoring what is being billed as Techstars Mobility, Driven by Detroit, an accelerator program to foster innovative transportation-related startups.



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Honda hiring supplier auditor as Takata airbag crisis growsAuto News

Honda, the automaker at the center of a global auto-safety crisis, is seeking to hire a senior quality engineer who would lead audits of suppliers' quality assurance.



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Automakers gather today to coordinate Takata airbag testingAuto News

Several automakers will meet in metro Detroit today to begin an industrywide investigation into the cause and scope of faulty Takata airbag inflators, according to two sources with knowledge of the plans.



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