Faurecia expects tech to fuel growth; CEO sees benefits from megasupplier trendAuto News

Faurecia CEO Yann Delabriere, 64, is counting on the French supplier to provide high-tech products to meet customer demands anywhere in the world.



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Hertz raises U.S. prices as fleet costs increaseAuto News

Hertz Global Holdings raised prices for rental cars to be picked up January 1 or later. The stock had its biggest gain of the year, and Avis shares soared, too.



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Automakers' efforts to cut costs damages supplier relations, survey saysAuto News

Relations between automakers and suppliers are deteriorating largely because of intensifying cost-cutting demands, according to a survey.



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Zetsche may feel pressure to give up Mercedes roleAuto News

Daimler insiders in Germany want the promotion of global sales director Ola Kaellenius to the management board this month to be seen as a routine personnel decision -- and nothing more.



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Manheim aims to get auctions done fasterAuto News

In October, Manheim began requiring sellers to set the starting bid on their vehicles no lower than three bids below their floor price.



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Takata president steps down from role, CEO to reclaim titleAuto News

Takata, the auto supplier embroiled in a global safety crisis, said today its president, Stefan Stocker, would step down and CEO Shigehisa Takada would once again assume the role to unify the company's response to the recall of millions of vehicles...



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