GM Investing $5.4B in U.S. (4/30/15)

General Motors investing $5.4 billion in U.S. plants, cutting jobs in Canada; boardroom drama...
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Delphi looking for acquisition of $1 billion-$3 billion, CEO saysAuto News

DETROIT (Reuters) -- Delphi Automotive CEO Kevin Clark said the company could spend $1 billion to $3 billion this year on a large acquisition related to its traditional "hardware" business and will make smaller investments in software.

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Delphi looking for acquisition of $1-3 billion, CEO saysAuto News

DETROIT (Reuters) -- Delphi Automotive CEO Kevin Clark said the company could spend $1 billion to $3 billion this year on a large acquisition related to its traditional "hardware" business and will make smaller investments in software.

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GM Canada to cut about 1,000 jobs at Oshawa plantAuto News

GM will eliminate one shift at its Oshawa, Ontario, assembly plant in November, the company said today, cutting about 1,000 jobs as it makes production changes that were announced in 2012.

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Delphi looking for software supplier acquisition of $1-3 billion, CEO saysAuto News

DETROIT (Reuters) -- Delphi Automotive CEO Kevin Clark said that the company will likely spend $1 billion to $3 billion this year on a large acquisition related to software to enhance vehicle connectivity.

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Aluminum castings supplier Sakthi plans $31.9 million expansion in DetroitAuto News

Aluminum castings supplier Sakthi Automotive Group USA is planning a $31.9 million expansion of its plant in Detroit.

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Delphi looking for acquisition of up to $2 billion, CEO saysAuto News

Delphi Automotive would consider an acquisition of as much as $2 billion in value and is actively looking at such deals, CEO Kevin Clark told Bloomberg today in an interview.

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Aston Martin secures funds to build DBX crossoverAuto News

Aston Martin Lagonda is set to receive more than $300 million for the development of its groundbreaking DBX crossover and other vehicles that fall outside its traditional sports car bent.

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BorgWarner Q1 net income rises 12.5% but revenue falls 4.8% on currency exchangesAuto News

BorgWarner Inc., the supplier known for its turbochargers and emission systems, said its first-quarter net income increased 12.5 percent from 2014 to $178.9 million, while its quarterly revenue sank 4.8 percent to $1.98 billion.

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BorgWarner 1st-quarter net income rises 12.5% but revenue falls 4.8% on currency exchangesAuto News

BorgWarner Inc., the supplier known for its turbochargers and emission systems, said its first-quarter net income increased 12.5 percent from 2014 to $178.9 million, while its quarterly revenue sank 4.8 percent to $1.98 billion.

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GM to spend $5.4 billion on U.S. plant upgrades over 3 yearsAuto News

General Motors said today it will invest $5.4 billion in upgrades to its US manufacturing plants over the next three years, creating 650 new jobs.

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Delphi posts small gain in Q1 operating incomeAuto News

Delphi Automotive said its first-quarter operating income rose slightly from last year, but one-time charges and adjustments caused net income to fall. Revenue fell 2.6 percent to $3.80 billion.

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Almost half of U.S. vehicles aren't covered under existing safety regulationsAuto News

Hundreds of crashes involving defective cars are going unreported each year because under federal safety rules automakers aren't required to report suspicious accidents for models more than 10 years old.

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Honda hopes HR-V is better late than neverAuto News

Honda's all-new HR-V is showing up to the party later than expected, but that hasn't dimmed the automaker's high hopes for the subcompact crossover.

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GM to invest billions of dollars in U.S. plants, report saysAuto News

General Motors on Thursday will unveil multibillion-dollar, multiyear investments in several US manufacturing plants in a move to boost production and vehicle quality, a person familiar with the matter told Reuters.

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Francois Michelin dies at age 88Auto News

Francois Michelin, who headed the French tire giant that bears his family name for 47 years, died today at age 88.

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Sergio's Impassioned Plea (4/29/15)

FCA chief: Not pooling capital spending ‘just bizarre’; a high-octane debate; Ford...
from TumblrCynthia Lin

Cadillac prices CTS-V about $10K below rivalsAuto News

Cadillac said today that its track-ready 2016 CTS-V sedan will start at $83,995 when it goes on sale in late summer.

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Marchionne argues if automakers won't consolidate, the market should make themAuto News

Sergio Marchionne argued today that major automakers need to stop wasting billions developing the same products and start working together.

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He's sold boxing champ Floyd Mayweather 39 cars #8230; and countingAuto News

Obi Okeke has sold 39 cars to welterweight champ Mayweather, including a $3.2 million Ferarri Enzo and three Bugatti Veyrons that are worth $6.2 million combined.

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Supplier price-fixing civil settlements top $260MAuto News

Civil settlements recently have exceeded $260 million in federal litigation stemming from the ongoing US criminal antitrust investigation into supplier price fixing.

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Rosekind to talk safety with auto execs in DetroitAuto News

The top federal auto safety official is traveling to Detroit Wednesday for a series of meetings with automotive CEOs and executives to discuss his agency's safety expectations.

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Ford's latest recalls include first on new F-150, Edge Auto News

Ford launched four recalls totaling 591,000 vehicles today in North America, including the first on the redesigned F-150 and Edge and the ninth on the 2014 Escape.

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Francois Michelin dies at age 89Auto News

Francois Michelin, head of the company that bears his family name for 47 years, died today at age 89.

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Fiat Chrysler swings to Q1 profit on N.A. strength Auto News

Fiat Chrysler Automobiles reported net income of 92 million euros ($101 million) in the first quarter as strong performance in North America offset a steep decline in Latin America.

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Musk bulks up Tesla batteries in leap beyond carsAuto News

Billionaire Elon Musk thinks he can pave the way to a better energy future by turning the mattress-shaped batteries in Tesla's electric car into upright pillars so they can be used to power homes, businesses and even utilities.

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Toyota plans $4.2B share sale to fund fuel cell randdAuto News

Toyota plans to replace as much as 500 billion yen ($4.2 billion) of common equity with unlisted shares that have transfer restrictions, locking in longer-term funding as the carmaker develops new technology.

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GM cuts Venezuela workforce by 13%; Ford halts outputAuto News

The Venezuelan division of GM has laid off 13 percent of its workforce and Ford's local plant has halted operations as a shortage of hard currency has left the companies unable to acquire parts, a union leader said on Tuesday.

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Yamada to pay $2.5 million U.S. fine for fixing prices of steering columnsAuto News

Japan's Yamada Manufacturing agreed to pay a $2.5 million fine and plead guilty to a single felony count of fixing the prices of steering columns.

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Rosekind to discuss safety issues with auto executives in DetroitAuto News

The top federal auto safety official is traveling to Detroit Wednesday for a series of meetings with automotive CEOs and executives to discuss his agency's safety expectations.

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Another Squeeze on Dealers? (4/28/15)

NADA economist: Prepare now for interest-rate hikes; Ford still bullish on Russia; battling low...
from TumblrCynthia Lin

Ally pushes to make up for lost GM lease businessAuto News

Ally Financial is responding to GM pulling its subsidized lease business by getting more aggressive in near-prime and subprime loans, and by courting dealers harder than ever, especially non-GM and non-Chrysler dealers.

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Denso forecasts profit growth on higher Asia salesAuto News

Denso, the world's second-biggest auto supplier based on revenue, forecast a 7 percent rise in operating profit for the year ahead, citing an anticipated rise in Asian sales.

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Civil settlements surpass $260 million in supplier price-fixing litigationAuto News

Civil settlements recently have exceeded $260 million in federal litigation stemming from the ongoing US criminal antitrust investigation into supplier price fixing.

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Mercedes G-Wagen latest victim in China's clone warsAuto News

Land Rover has come to terms with selling its Range Rover Evoque alongside its half-priced Chinese clone, the Land Wind X7. Now BAIC has an SUV that closely resembles the Mercedes-Benz G class.

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Penske Q1 net up 12% as sales riseAuto News

Penske Automotive Group Inc. reported first-quarter net income rose 12 percent driven largely by strong vehicle sales.

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Penske Q1 net up 12% on strong retail sales Auto News

Penske Automotive Group Inc. reported first-quarter net income rose 12 percent driven largely by strong vehicle sales.

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Ally net doubles after sale of Chinese joint-venture stakeAuto News

Ally Financial reported a quarterly profit that more than doubled, helped by a onetime after-tax gain of about $400 million related to a stake sale in its joint venture with a Chinese auto lender.

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Group 1's net income rises 14% in Q1Auto News

Group 1 Automotive reported a net income rose 14 percent to $36 million in the first quarter, driven by solid gains in sales of both new and used vehicles in its core operations in the robust US market.

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Ford posts 7% drop in Q1 profit, still sees 'breakthrough year'Auto News

Ford, which has forecast a "breakthrough year" for itself after remaking a large swath of its global lineup, today said its first-quarter net income fell 6.6 percent to $924 million as the launch of its aluminum-bodied pickup cut production.

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Toyota plans $4.2 billion share sale to fund fuel cell randdAuto News

Toyota plans to replace as much as 500 billion yen ($4.2 billion) of common equity with unlisted shares that have transfer restrictions, locking in longer-term funding as the carmaker develops new technology.

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Honda fiscal Q4 operating profit falls 32% on recall costs, flat car salesAuto News

Tepid sales and a barrage of recall costs hammered profits at Honda in the latest quarter, forcing the carmaker to miss its main targets for full-year earnings and unit sales. Operating profit tumbled 32 percent to $935.

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Honda profit falls 32% on recall costs, flat car salesAuto News

Tepid sales and a barrage of recall costs hammered profits at Honda in the latest quarter, forcing the carmaker to miss its main targets for full-year earnings and unit sales. Operating profit tumbled 32 percent to $935.

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Jaguar's high-wire performanceAuto News

Jaguar's efforts to make the XF seem like something special have risen to a new level.

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Senate bill would reward workers for reporting safety concerns to regulatorsAuto News

The U.S. Senate is nearing approval of a bipartisan bill that would give financial incentives to employees at automakers and suppliers who report safety defect concerns to regulators.

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GM ignition-switch death toll rises to 90Auto News

The death count from General Motors' defective ignition switch has risen to 90, three more than a week earlier. Eligible injury claims have reached 163, six more than last week.

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Piech Down, Likely Not Out (4/27/15)

Family owns 51 percent of VW; AutoNation Ford dealership gutted; April U.S. sales forecasts; Mitsu...
from TumblrCynthia Lin

Tenneco Q1 net income up 6.5%; revenue hit by exchange rates Auto News

Ride control and emission control supplier Tenneco reported net income improvement and adjusted revenue growth for the first quarter.

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Best April sales in decade expected, driven by light trucksAuto News

New-vehicle sales in the United States are projected to reach the highest April level in a decade, capping the best four-month start to a year since 2001. Four forecasts -- calling for a year-over-year increase of 5.2 percent to 6.

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Ally to take over Mitsubishi's U.S. lending armAuto News

Mitsubishi, one of the smallest car companies with a captive finance arm in the United States, said today that it is selling its book of business to Ally Financial, the former lending division of General Motors.

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Tesla hit by hackers on Twitter, media-relations email accountsAuto News

Tesla's Twitter feed and its media-relations email account were hacked Saturday, with the electric-car maker becoming the latest victim of online vandals.

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AutoNation Ford store in Bellevue, Wash., burns downAuto News

AutoNation Ford Bellevue in Washington state is still burning today after a fire tore through the dealership Saturday morning. The local fire department is calling it a total loss.

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Tesla hit by hackers on Twitter, media-relations email rccountsAuto News

Tesla's Twitter feed and its media-relations email account were hacked Saturday, with the electric-car maker becoming the latest victim of online vandals.

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Hyundai to create shareholder-rights group after land deal irks investorsAuto News

Hyundai Motor will establish a committee to represent shareholder interests when the board makes key decisions such as acquisitions, heeding calls from investors angered over a $10 billion land purchase last year.

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VW investors hope Piech exit may usher in changeAuto News

Investors hope that Volkswagen will be able to revive profitability at its core division, cure underperformance overseas and bury lingering plans for acquisitions after the resignation of Chairman Ferdinand Piech.

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GM to give Kettering University $4 million for proving ground, powertrain labAuto News

Kettering University, which taught General Motors leaders such as CEO Mary Barra, is getting a $4 million gift from the carmaker to build a proving ground and powertrain test lab.

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Are automakers addicted to in-car features overload?Auto News

Automakers are confusing customers by overloading vehicles with an array of infotainment features, many of which are never used.

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China's cheap car strategy for the U.S.Auto News

Wu Song, boss of China's Guangzhou Automobile, says his cars need to be 30 percent cheaper than rivals to make it in America. If everything goes his way, GAC will test his pricing strategy with the U.S. launch of its GS4 crossover in 2017.

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Ford's Sync 3 debut, vehicle launches are out of syncAuto News

The 2015 Ford Edge has been on sale for only a month, but it's already about to be out-of-date. Ford Motor Co. plans to start rolling out Sync 3, its replacement for the MyFord Touch infotainment system, starting this summer.

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Small VW store delivers top customer ratingsAuto News

Attention to detail and personal contact by the owners of a small, 50-year-old Volkswagen dealership in rural Pennsylvania helped it earn the brand's top scores for customer satisfaction in 2014.

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Industry revels in good times but manages to avoid overdoing itAuto News

There are many signs suggesting the U.S. auto industry is on a positive, sustainable track, but perhaps the most reassuring sign is the kind of caution that dealers and manufacturers are showing amid the boom.

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Public dealerships plan for growthAuto News

AutoNation, Sonic, Asbury and Lithia gave updates on their new projects as they reported generally robust first-quarter earnings. Here's what they said.

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Audi tests 2 car-sharing concepts in U.S.Auto News

Audi On Demand is a car sharing pilot in San Francisco where consumers book an Audi rental from a smart phone app, and a concierge delivers and picks up the car.

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To EV or not to EV: The China questionAuto News

As automakers race to comply with China's increasingly stringent emissions rules, they are conflicted about the best electric-vehicle strategy and about whether the Beijing government is sufficiently supporting its avowed desire to see more EV sales.

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Recalled program cars vex GM, hurt profitsAuto News

Late last year, General Motors decided to hold off on auctioning many of its retired rental vehicles because of depressed prices.

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How Hummer maker, Mercedes came togetherAuto News

Production of the Mercedes-Benz R class will begin on the line that once made Hummer H2s for General Motors, just a stone's throw from where AM General builds light tactical military vehicles for the U.S. and other governments.

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VW board demanded Piech go after learning of secret plotAuto News

Ferdinand Piech, who resigned as chairman of Volkswagen over the weekend, sowed the seeds of his own demise by reneging on a deal to support CEO Martin Winterkorn and secretly plotting to oust him instead, according to sources close to the VW board.

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Driverless cars and the big conundrumAuto News

If autonomous driving is Megatrend No. 1 in the global industry, the matter of how to handle the human interface may be Conundrum No. 1.

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Piech's reign ends after 500-mile trek to German city that once honored himAuto News

Ferdinand Piech's two decades of unyielding authority over Volkswagen ended after a 500-mile journey to Braunschweig, a small city in central Germany where just last year he was feted as a savior of jobs.

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Jaguar adds horsepower to the dashboardAuto News

Jaguar Land Rover is not known for cutting-edge dashboard computers, but a lightning-quick navigation system in the redesigned XF sedan may change that.

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How to interface with a humanAuto News

If autonomous driving is Megatrend No. 1 in the global industry, the matter of how to handle the human interface may be Conundrum No. 1.

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Where the heck is Apple CarPlay?Auto News

Validation testing has delayed the rollout of Apple's CarPlay and Google's Android Auto, showing the challenge of updating cars at smartphone speed.

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With ATS-V, Cadillac aims to join the best in class from GermanyAuto News

With the high-performance ATS-V, Cadillac has elevated its game, bringing GM's luxury marque, perhaps legitimately for the first time, into direct competition with the best from Germany.

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Ruthless VW patriarch Piech overplays last hand, ending eraAuto News

Ferdinand Piech's iron-fisted rule over Volkswagen helped him build an empire spanning fuel-efficient city cars to 40-ton trucks, but in the end he overplayed his hand and was forced out before reaching his goal of making VW the world's biggest...

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Piech resigns as VW chairman after failing to oust CEOAuto News

Volkswagen supervisory board Chairman Ferdinand Piech unexpectedly resigned on Saturday after losing a showdown he provoked with CEO Martin Winterkorn.

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Bitter rivals at home, GM and Ford taking different roads abroadAuto News

General Motors and Ford, Detroit's two venerable rivals, usually compete toe-to-toe in everything they do. But in Russia, they are headed in radically different directions.

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Booming Ford banks on China product blitzAuto News

Ford, on a rampage in China, aims improve on its 4.

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RFJ buys Dave Smith AutoAuto News

Fast-growing dealership group RFJ Auto Partners is expanding in the Northwest by buying Dave Smith Auto Group, which operates two of the highest-volume stores in the U.S.

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Higher octane fuel could add mpg, SAE panel saysAuto News

In a world of higher octane gasoline -- in which 95 would replace 87 and become the new regular -- automakers could more easily and affordably meet stringent fuel economy standards as well as reduce carbon dioxide emissions.

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JLR sees Mexico as 'strong' option for N.A. assembly plantAuto News

Jaguar Land Rover is considering building a plant in Mexico, following other luxury car makers lured by cheap labor and free trade agreements.

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Ford recalls 390,000 cars to fix doors that may fly open while drivingAuto News

Ford is recalling about 390,000 cars for an issue that could prevent the doors from latching or allow them to open unexpectedly while driving.

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Hot Time for Engineers (4/24/15)

Stein on what has automakers scouring the planet; buy-sell cool-down?; $16.2M for Barra in...
from TumblrCynthia Lin

Supplier ThyssenKrupp plans to invest $869 million in N.A. by 2020Auto News

German industrial group ThyssenKrupp plans to invest more than 800 million euros ($869 million) in North America by 2020 to take advantage of increased auto production.

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Supplier ThyssenKrupp plans to invest $866 million in N.A. by 2020Auto News

German industrial group ThyssenKrupp plans to invest more than 800 million euros ($869 million) in North America by 2020 to take advantage of increased auto production.

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Lear Q1 net income, revenue up after Eagle Ottawa acquisitionAuto News

Seating and electronics supplier Lear acquired leather supplier Eagle Ottawa in the first quarter and said that net income during the period increased 20 percent and revenue jumped 3.7 percent from the year earlier.

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GM paid Barra $16.2 million in 2014Auto News

GM CEO Mary Barra received $16.2 million in total compensation during her first year leading the automaker, GM said in a regulatory filing today. Barra's payout included a base salary of $1.6 million, stock awards totaling $11.8 million, and $2.

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Toyota makes noise with Mirai hydrogen fuel cell vehicleAuto News

For all its silence, Toyota's Mirai hydrogen fuel cell vehicle actually can be pretty noisy. Ironically, that is because the car is propelled by a whispering electric motor that allows the driver to pick up sounds that might otherwise be droned out.

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Mitsubishi posts first annual N.A. profit in seven yearsAuto News

Mitsubishi booked double-digit profit increases in the latest quarter to propel the carmaker to record annual earnings and its fist North America profit in seven years.

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Mazda quarterly profits fall on currency losses while sales riseAuto News

Profits fell at Mazda in the January-March quarter, undercut by higher outlays for marketing and factory startups and foreign exchange losses, despite rising sales.

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Former Hitachi exec sentenced to 15 months in prison after guilty plea for price fixingAuto News

A former executive with Hitachi Automotive Systems pleaded guilty and was sentenced to 15 months in prison for conspiring to fix prices on a number of automotive parts sold in the United States.

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Former Hitachi executive sentenced to 15 months in prison after guilty plea for price fixingAuto News

A former executive with Hitachi Automotive Systems pleaded guilty and was sentenced to 15 months in prison for conspiring to fix prices on a number of automotive parts sold in the United States.

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Pricing pressure in U.S., China raises fears about future auto profitsAuto News

The strength of the U.S. and China economies has helped companies like General Motors offset weakness in others parts of the world, but growing pricing pressure in those lucrative markets could be a warning sign for future profits.

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Ford to cut 700 jobs at Mich. plant, hitting Tier 2 workersAuto News

Ford plans to cut 700 jobs and eliminate the third shift at its small-car assembly plant in suburban Detroit, in the company's first large-scale layoff of Tier 2 workers.

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Taking 'Bullish' to New Level (4/23/15)

Toyota’s cheeky answer to fuel-cell skeptics; GM’s speedy buybacks; Piech-Winterkorn...
from TumblrCynthia Lin

Pricing pressure in U.S., China raises fears about future profitsAuto News

The strength of the U.S. and China economies has helped companies like General Motors offset weakness in others parts of the world, but growing pricing pressure in those lucrative markets could be a warning sign for future profits.

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Fiat Chrysler recalls 46,000 vehicles for ignition switch, airbag issuesAuto News

Fiat Chrysler is recalling 43,874 Jeep Liberty, Jeep Wrangler and Dodge Viper models for possible ignition-switch issues and 2,408 Ram ProMaster City models for airbag problems.

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GM Financial Q1 net rises as lease volume skyrocketsAuto News

Captive finance company GM Financial had a giant increase in lease volume in the first quarter, as parent company GM switched to GM Financial as its exclusive preferred lender for Buick, Cadillac, Chevrolet and GMC subsidized leases.

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Dealerships can gain an edge with Spanish-language marketingAuto News

Dealerships willing to advertise and post videos in Spanish face little competition reaching a growing number of Latino car buyers, said Ricky Lopez, Internet director at David Maus Toyota in Sanford, Fla.

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Most-Desired Car Tech (4/22/15)

J.D. Power: Crash-prevention features top list; Lincoln losing taste for alphabet soup?; 200’s...
from TumblrCynthia Lin

Goodyear to spend $550 million on tire plant in Mexico, report saysAuto News

Goodyear Tire and Rubber is planning to spend $550 million on a new tire plant in Mexico, a person familiar with the matter told Reuters, the latest in a string of investment pledges in the country's booming auto sector.

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GM gets boost from smaller pickups, but doubters question for how longAuto News

General Motors' return to selling smaller pickups in the United States has resuscitated a moribund market segment, but new data highlights the risk that the automaker's new trucks are cannibalizing sales of higher-priced models.

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Hyundai may boost SUV capacity in U.S., China after Q1 profit dipsAuto News

South Korea's Hyundai Motor may boost production of SUVs in the United States and China after reporting profits fell again, squeezed by the cost of promotions to bolster car sales and unfavorable foreign exchange trends.

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GM profit rises, aided by North America Auto News

General Motors posted first-quarter operating income of $2.08 billion, driven by strong truck sales in North America that offset weakness from the economic downturns in Brazil and Russia.

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GM, Clemson roll out Deep Orange concept for urban, young buyersAuto News

GM and Clemson University students unveiled a vehicle -- Deep Orange 5 -- aimed at young, price-conscious consumers in big cities that takes the connected, digital car to a new level.

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Ford F-150 regular cab, SuperCab join SuperCrew with 5-star safety ratingsAuto News

The redesigned Ford F-150 pickup has earned the government's highest possible crash safety rating, answering worries that the truck's all-new aluminum body would compromise crashworthiness.

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EVs need more fed support, study findsAuto News

A study commissioned by Congress says the federal government must to do more to support the market for electric and plug-in hybrid vehicles.

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Google's 'Mobilegeddon' forces dealerships to get mobile-friendlyAuto News

If consumer preferences haven't already prompted auto dealerships to operate mobile-friendly websites and digital marketing tools, Google is giving them an extra nudge.

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Most-Desired Car Tech (4/22/15)

J.D. Power: Crash-prevention features top list; Lincoln losing taste for alphabet soup?; 200’s...
from TumblrCynthia Lin

Auto safety technology trumps entertainment for consumers, J.D. Power study findsAuto News

Automakers should invest in safety technology, over entertainment and convenience, to satisfy customers, according to a J.D. Power study released today.

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Study urges more federal support for EVsAuto News

A study commissioned by Congress says the federal government must to do more to support the market for electric and plug-in hybrid vehicles.

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Dealers missing out on digital FandI sales, study findsAuto News

Consumers want FandI product information online rather than all-at-once at the end of their vehicle purchases, a new study finds.

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Asbury, Sonic see below-average FandI revenue at new-initiative storesAuto News

Two of the nation's biggest publicly traded dealership groups said early, small-scale results from their nontraditional dealerships -- either stand-alone used-vehicle stores or ones that use techniques such as no-haggle pricing -- showed below...

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Lithia's Q1 net income soars 64% on broad gains, DCH integrationAuto News

Lithia Motors' net income surged 64 percent to $41 million in the first quarter from a year earlier, on strong sales across all divisions and the continued integration of its purchase last year of DCH Auto Group, the dealership group said today.

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Some auto lenders let others pursue volumeAuto News

Some auto lenders are choosing not to chase volume. Consumer Portfolio Services and PNC Bank are consciously passing up volume to protect profits and their credit standards. Wells Fargo made a similar statement this month.

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BMW is building vehicle distribution center in Texas to serve the SouthAuto News

BMW AG said it is building a vehicle distribution center in Texas to serve the Southern US. The facility at the Port of Galveston will serve the 45 BMW and Mini dealers in Texas, Oklahoma, Louisiana and Arkansas.

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Peugeot, IBM agree to develop new connected-car servicesAuto News

PSA Peugeot Citroën and IBM have agreed to a partnership deal for connected-car services that go beyond current navigation and infotainment offerings.

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Suzuki recalls record 2 million cars for smoking ignition switchAuto News

Suzuki said it would recall 2 million cars, a record for the automaker, including Chevrolet Cruzes it builds for GM, to replace the ignition switch after reports of fumes being emitted from the faulty component.

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AutoNation's Q1 net income rises 17%Auto News

AutoNation is picking up its acquisition pace as its profits continue to rise. Net income for the nation's largest new-car retailer jumped 17 percent in the first quarter to $111.5 million, the company said today.

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Tesla to unveil home and utility batteries April 30Auto News

Tesla Motors Inc. will announce a home battery and a 'very large' utility-scale battery on April 30, according to an e-mail sent to investors and analysts.

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TRW to sell suspension unit to THK for $400 millionAuto News

TRW Automotive Holdings said it agreed to sell its linkage and suspension business to Tokyo conglomerate THK for $400 million.

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Google exec sees self-driving cars as inevitableAuto News

Ray Kurzweil, inventor, futurist and Google's director of engineering, opened the SAE World Congress here by pointing out that predicting the future is easy -- and saying self-driving cars are inevitable.

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GM's Q1 global volume climbs 1.9%; company trails VW in global sales raceAuto News

General Motors said today that it sold 2,421,123 million vehicles globally in the first quarter, a 1.9 percent increase from a year ago.

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Google visionary talks about the future, sees self-driving cars as inevitableAuto News

Ray Kurzweil, inventor, futurist and Google's director of engineering, opened the SAE World Congress here by pointing out that predicting the future is easy. If you do it right.

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Ford Exec: We're Big Enough (4/21/15)

Hinrichs on FCA’s partner hunt; futurist Kurzweil on self-driving, and cell-size phones; VW...
from TumblrCynthia Lin

NHTSA prepares steps to speed up Takata, Jeep recallsAuto News

Federal auto safety regulators want to see more progress on the Takata and Jeep fuel tank recalls, and could take action in the next two weeks to achieve that goal.

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Mercedes' Cannon recruits fellow execs for a personal missionAuto News

A few months ago, Steve Cannon called on the heads of Group 1 and AutoNation for big favors -- and it had nothing to do with selling more cars. Instead, the CEO of Mercedes-Benz USA had a different mission in mind.

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Sheila Vaden-Williams, former head of minority auto dealers association, dies at age 55Auto News

Sheila Vaden-Williams, former president of the National Association of Minority Automobile Dealers, died Sunday. She was 55.

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Volkswagen C Coupe GTE concept lands in ShanghaiAuto News

Volkswagen, continuing a march upmarket, unveiled the C Coupe GTE concept this week at the Shanghai auto show.

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Fiat 500 cabrio gets Nuova treatmentAuto News

Fiat is going back in time for a new edition of the 500 cabrio -- 1957, to be exact. Fiat Chrysler Automobiles is giving the 500c a retro '1957 Edition' treatment. The car takes inspiration from the 1957 Fiat Nuova Cinquecento.

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How Hyundai's synchronized 'Message to Space' came togetherAuto News

Before Hyundai could send 'A Message to Space,' it had to deal with a slew of hurdles on Earth.

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TRW plans to open 3 more plants in ChinaAuto News

TRW Automotive, the safety components supplier being acquired by Germany's ZF Friedrichshafen, said it plans to open three plants in China this year and next.

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Asbury's first quarter net income rises 14%Auto News

Asbury Automotive Group's net income jumped 14 percent in the first quarter of 2015 from the year-earlier period, to $35.9 million, as all parts of its business saw profit gains.

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Sonic Q1 revenue up, net income down on costs for new initiativesAuto News

Sonic Automotive reported a 4.6 percent revenue increase in the first quarter, but a drop in net income mostly because of costs associated with its One Sonic-One Experience no-haggle program and EchoPark, its new used-car business.

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Sonic Q1 revenue up, net income down on EchoPark costsAuto News

Sonic Automotive reported a 4.6 percent revenue increase in the first quarter, but a drop in net income mostly because of costs associated with EchoPark, its new used-car business.

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Lexus retools ES with bolder looks for U.S., ChinaAuto News

Lexus surveyed customers in China and the U.S. to come up with the more aggressive looks of the refreshed ES sedan that goes into production in the United States later this year.

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Toyota in talks to boost China output to meet 2 million sales goalAuto News

Toyota, already planning to build one new assembly plant in China in 2017, is in talks to further ramp up production in the world's largest auto market.

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Phil Martens out as CEO of aluminum supplier NovelisAuto News

Top aluminum rolled products maker Novelis announced Monday the surprise departure of CEO Philip Martens -- a former rising star executive at Ford -- who helped the India-owned supplier shift toward the automotive sector.

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Hyundai's space stunt rockets up rankingsAuto News

In the latest heart-warming stunt by an automaker, Hyundai helps a daughter contact her astronaut dad.

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PACE Award winners take on the fuel economy challengeAuto News

Auto suppliers are responding to automakers' needs for better fuel economy, claiming half of this year's Automotive News PACE Awards with innovations that cut weight or make powertrains more efficient.

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Chevrolet explores autonomous driving with FNR concept Auto News

Having just declared its goal of hitting 1 million vehicle sales in China by 2020, Chevrolet revealed a futuristic concept car at the Shanghai auto show meant to showcase its technical prowess to young Chinese buyers.

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Big on Luxury in Shanghai (4/20/15)

Spacious rides from VW, Volvo, debuts from GM, Ford, Lexus; win for Mitsu; dealer payrolls rising;...
from TumblrCynthia Lin

ZF sells bonds to help finance TRW acquisition Auto News

ZF raised $2.4 billion with the company's first bond sale in its 100-year history to help pay for its acquisition of automotive safety components supplier TRW Automotive Holdings Corp.

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Test Drive TV mobile app delivers official car videos to enthusiastsAuto News

A new mobile video app that curates official Web videos posted by automakers on sites such as YouTube and organizes them into individual channels on the app is now live.

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Phil Martens ousted as CEO of aluminum supplier NovelisAuto News

Top aluminum rolled products maker Novelis announced today the surprise ouster of CEO Philip Martens -- a former rising star executive at Ford -- who helped the India-owned supplier shift toward the automotive sector.

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Lexus revamps ES with bolder looks for U.S., ChinaAuto News

Lexus surveyed customers in China and the US to come up with the more aggressive looks of the refreshed ES sedan that goes into production in the US later this year.

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PACE Award winners to be announced tonightAuto News

It's showtime for the 2015 PACE Awards. The winners will be announced tonight at a black-tie event at the Max M. Fisher Music Center in Detroit. The 21st annual awards honor innovation in the supplier community.

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GM ignition-switch death claims rise by 3 to 87Auto News

The death count from General Motors' faulty ignition switches has reached 87, up three from a week earlier.

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Musk nearly sold Tesla to Google in 2013, new book saysAuto News

A book titled Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future says Musk had a deal with Google's Larry Page to sell Tesla to the technology giant before the electric-car maker saw a turnaround in its fortunes.

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Ghosn says China needs to boost incentives to move EVsAuto News

Nissan CEO and EV champion Carlos Ghosn says he is disappointed with electric vehicle sales in China and that the government needs to step up incentives to help the green cars.

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Geely takes aim at BMW, Mercedes with plans for sport sedanAuto News

Geely will display a concept sport sedan at the Shanghai auto show starting this week, developed by a team led by former Volvo Cars design chief Peter Horbury. The segment is dominated by models like the BMW 3 series and Mercedes-Benz CLS.

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Alfa's pitch will be luxury, Italian styleAuto News

As he prepares the campaign to reintroduce Alfa Romeo to the United States, Fiat Chrysler marketing chief Olivier Francois says he may exploit the notion that shoppers have become tired of lookalike German luxury cars.



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Small-car production migrates to MexicoAuto News

Toyota's plan to build the Corolla at a new plant in Guanajuato is the latest sign that Mexico is becoming a giant in small cars.



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Dealership employees, payrolls top prerecession levelsAuto News

U.S. dealerships added to their employee count for the fifth year in a row last year, causing the average store's payroll to rise sharply above its pre-recession levels.



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In short order, Dan Ammann has soared to GM's top operations jobsAuto News

After a surprise career change and startling ascension, Dan Ammann now oversees General Motors' operations around the world.



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FCA puts the squeeze on dealer profitsAuto News

Fiat Chrysler is squeezing U.S. dealerships' profits by boosting vehicle invoice prices but not the corresponding sticker prices.



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Judge backs Mitsubishi in franchise lawsuitAuto News

Mitsubishi has prevailed in a long-running legal dispute with one of its largest dealers. But, an attorney for the dealer says the fight will continue as a new lawsuit is in the works.



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GM avoids some ignition switch liabilityAuto News

The bankruptcy judge who approved GM's reorganization in 2009 refused to override the liability shield he had granted it but said plaintiffs can keep suing New GM for any mishandling of an ignition-switch defect



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U.S. at the center of VW's crisis in GermanyAuto News

The turmoil that nearly cost Volkswagen Group CEO Martin Winterkorn his job last week is rooted in the company's travails in the U.S., where the VW brand has made precious little progress since Winterkorn took charge eight years ago.



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Google's top visionary to address engineersAuto News

Consider it a speech from the future. Ray Kurzweil, Google's director of engineering and renowned inventor, author and futurist, will be the keynote speaker at SAE International's World Congress in Detroit.



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Rural dealer becomes used-car powerhouseAuto News

Small-town Schafer Chevrolet has turned the devastating loss of three new-car franchises into a used-car powerhouse.



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Ex-rival revamps Mitsubishi designAuto News

In his 40 years at Nissan, designer Tsunehiro Kunimoto had a knack for reinventing the brand's image through design.



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Shanghai GM to spend $16 billion to boost China product portfolio, market shareAuto News

Shanghai GM, a joint venture between General Motors and China's SAIC, plans to spend $16 billion over the next five years developing new vehicles and to lift its Chinese market share.



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Cadillac CT6 to offer plug-in hybrid electric technologyAuto News

Cadillac will add an available plug-in hybrid electric propulsion system to its upcoming range-topping CT6 sedan. The new PHEV system is expected to more than double the fuel economy of the conventional powertrain offerings.



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BMW Group, inspired by Google Glass, tests experimental driving gogglesAuto News

BMW Group, which thinks computerized headsets such as Google Glass could be the next big thing, has unveiled a prototype of goggles that turn the world into a digital display, making it easier to follow navigation directions and park in a BMW or...



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Japan, U.S. seek deals on auto parts, rice to secure trade pactAuto News

Japanese and U.S. negotiators will seek to resolve the most contentious issues on auto parts and rice to help the two countries reach a trade pact, Japanese Economy Minister Akira Amari said.



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China's Guangzhou Auto seeks U.S. dealers ahead of 2017 SUV launch Auto News

Guangzhou Auto is searching for dealership partners in the United States and is researching how to comply with regulations to prepare for its planned 2017 launch there, the company's top executive said.



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Mercedes shrinks SUV with GLC coupe conceptAuto News

Mercedes-Benz is looking at bringing out an all-new compact SUV coupe as early as 2016 as buyers continue to favor sporty models.



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Canadians show one way out of Tier 2Auto News

As UAW contract negotiations with the Detroit 3 begin, the Canadian model for dealing with entry-level workers could provide a guide to solving the Tier 2 probelm in the United States.



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At Lexus, the chief still defends that spindle grille Auto News

While some rivals and design experts deride Lexus' jagged-edged, trapezoidal grille, Toyota's design chief stands by the drastic makeover, saying it gives Lexus a unique edge over BMW, Audi and Mercedes-Benz, particularly in competitive markets such...



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New markets, production for GM KoreaAuto News

General Motors' massive operation in South Korea lost a big reason for being when bosses in Detroit decided in late 2013 to pull the plug on the Chevrolet brand in Europe.



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Scion shifts ad model for iA, iM launchAuto News

In September, Toyota's Scion will launch the new iM hatchback and iA sedan with the most-expensive marketing campaign since the brand was launched in 2003.



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Ford's Taurus redesign debuts in China while big sedans slump in U.S.Auto News

Ford unveiled a redesigned Taurus here Saturday, saying the sedan will be aimed specifically at the Chinese market.



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Taurus redesign debuts in China as Ford counters U.S. sedan slumpAuto News

The redesigned Taurus introduced in China by Ford underscores a shift in its U.S. home market from the big sedan to roomier, utilitarian crossover SUVs.



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BMW to recall 91,800 Mini Coopers over airbag flawAuto News

BMW of North America will recall about 91,800 Mini Coopers in the U.S. to fix a flaw with the floor mat that may prevent the passenger airbag from deploying.



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Toyota plots Prius comeback Auto News

As Toyota prepares to introduce a redesigned Prius later this year, both car and company are at turning points. First introduced in 1997, the hybrid is no longer the green-car darling of the Hollywood set.



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Subaru aims to expand STI performance lineAuto News

Subaru aims to further boost profits on booming U.S. sales by expanding its STI performance line.



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GM loses bid to dismiss racial bias suitAuto News

GM lost its bid to dismiss a suit accusing it of racial discrimination for refusing to let qualified white applicants acquire an available Chevrolet franchise in Georgia that instead went to a black dealer. U.S. District Judge William Moore Jr.



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How an oddball Chevy transformed a Houston dealershipAuto News

More than a decade after General Motors launched the Chevrolet SSR, most people still aren't sure what to make of the retro-styled, high-performance roadster pickup. Paul Peebles has managed to make a thriving business out of it.



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Ford's Other Weight-Loss Plan (4/17/15)

Maker of aluminum truck explores wider use of carbon fiber; Volvo considering S.C.?; Stein: Week...

from TumblrCynthia Lin

Ford to spend $2.5 billion on new Mexico engine, transmission operationsAuto News

Ford, confirming reports from earlier this week, said it will spend $2.5 billion to build a new generation of fuel-efficient engines and transmissions in Mexico, creating 3,800 jobs.



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GM counting on high-speed Internet services in car to drive profitsAuto News

Buyers of GM vehicles will increasingly be able to use in-car mobile broadband systems to book hotel rooms, cut deals on driver insurance, pay for data usage and conduct a host of other transactions.



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Volvo narrows choices for U.S. plant to S. Carolina, 2nd state, report saysAuto News

Volvo Cars is weighing a site in South Carolina against another southern state as it prepares to invest $500 million in its first US plant, people with knowledge of the matter told Reuters today.



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Lotus forms joint venture to build cars, engines in ChinaAuto News

Lotus plans to build cars and engines in China in a joint venture, DRB-Hicom, the U.K. sports car maker's Malaysian parent company, said.



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South Korea steps up price-fixing crackdown on auto suppliersAuto News

South Korea, supporting a global police action against auto-parts price fixing, has hit Japanese and German suppliers with a string of fines in recent weeks.



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U.S. bill would streamline passage of 2 key trade dealsAuto News

US lawmakers introduced a bipartisan bill to move trade deals quickly through Congress, opening the door to sealing a major Pacific trade pact with major implications for the auto industry.



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Ford eyes 'high volume' use of carbon fiber Auto News

Ford today said it has signed a deal with a carbon-fiber manufacturer to jointly explore 'high-volume' automotive uses for the lightweight material.



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New Jeep Renegade ad campaign has an indie-rock youth vibeAuto News

In its new Renegade campaign, Jeep wanted up-and-coming artists to lay a soundtrack aimed at millennials instead of more established acts.



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Nissan to expand U.S. recalls tied to Takata airbag flawAuto News

Nissan plans to expand a regional recall of cars in the United States with potentially defective Takata airbags after a woman said she was injured last month by shrapnel from the device in her 2006 Sentra sedan.



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VW's top board group backs Winterkorn as 'best possible' CEOAuto News

Volkswagen AG's supervisory board leadership panel backed CEO Martin Winterkorn amid a power struggle with Chairman Ferdinand Piech, saying Winterkorn is the "best possible" CEO for the German automaker.



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VW supervisory board backs Winterkorn as 'best possible' CEOAuto News

Volkswagen AG's supervisory board leadership panel backed CEO Martin Winterkorn amid a power struggle with Chairman Ferdinand Piech, saying Winterkorn is the "best possible" CEO for the German automaker.



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Fiat 500X seeks to fill holes in Italian brand's lineupAuto News

With the 500X, a new crossover with optional all-wheel drive, Fiat hopes to make inroads in the snow belt. For $1,900, consumers can get awd in the 500X.



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U.S. House OK's bill to kill 'death tax'Auto News

The House of Representatives passed a bill to repeal the 40 percent tax applied on estates worth more than $5 million, which dealers have long complained could saddle their family members with huge tax bills should they die unexpectedly.



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Frank Audette, longtime Detroit area Cadillac dealer, dead at 90Auto News

Frank Audette, the creator of the Troy Motor Mall and founder of the former Audette Cadillac dealership in suburban Detroit, died April 10. He was 90.



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Where F-150 Matches Silverado (4/16/15)

Aluminum-bodied truck gets top crash rating; Magna’s $525M deal; a first for JLR; Fiat 500E...

from TumblrCynthia Lin

Chinese automakers are taking over the hottest SUV marketAuto News

After years of losing out to foreign brands, China's automakers are winning in the world's hottest SUV market by employing a tried-and-tested strategy: offering them cheap.



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Chinese conglomerate completes acquisition of Prestolite ElectricAuto News

Chinese conglomerate Zhongshan Broad-Ocean Motor has completed its acquisition of Michigan-based supplier Prestolite Electric LLC.



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Volkswagen extends Routan ignition-switch recallsAuto News

Volkswagen is recalling 20,676 Routan minivans with potentially faulty ignition switches. It is an extension of recalls for ignition-switch defects that replaced only detent plungers, instead of the full ignition switch.



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Chevy runs digital video ads in print Auto News

Chevrolet has purchased a series of print ads to show off digital videos promoting the Colorado pickup.



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Aluminum F-150 improves crash-test rating from all-steel predecessorAuto News

The aluminum-bodied Ford F-150 has earned a better government crash-test rating than its all-steel predecessor, countering any concerns that the lighter material would result in a weaker truck and eliminating one of the Chevrolet Silverado's...



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Magna to sell interiors unit to Grupo Antolin for $525 millionAuto News

Canadian auto supplier Magna has agreed to sell its interiors operations to Grupo Antolin, a Spanish supplier with global operations, in a deal valued at about $525 million, Magna said today in a statement.



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Toyota engineer doubts electric cars will spread even with rapid chargersAuto News

Battery-powered electric vehicles don't have a practical future as a long-range alternative to conventional cars even if technological breakthroughs allow them to be charged quickly, a top Toyota engineer said today.



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Fiat goes Dutch with first annual investor meeting in AmsterdamAuto News

After a century of meeting in Italy, Fiat shareholders will convene today in Amsterdam, swapping the company's Lingotto factory with its rooftop racetrack for a luxury hotel in the Dutch city's red light district.



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GM is shielded from some ignition-switch suits, ruling findsAuto News

General Motors will not have to face dozens of lawsuits accusing it of concealing an ignition-switch defect that has been blamed for more than 200 deaths and serious injuries, a federal bankruptcy judge ruled Wednesday.



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Cadillac Gives ELR a Jump (4/15/15)

Brand slashes price, boosts power of struggling Volt derivative; Toyota’s Mexico plans;...

from TumblrCynthia Lin

Hyundai may add Mexico plant as local auto sales increaseAuto News

Hyundai may build a factory in Mexico once the company's domestic auto sales rise, joining affiliate Kia Motors in Latin America's top vehicle-producing market, a top Mexican executive said Tuesday.



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GM launches software that flags recalled vehicles on dealer lotsAuto News

General Motors is rolling out new software this month for dealerships to make it harder for them to mistakenly sell a new vehicle that's subject to a recall, without first performing the recall work as required.



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Dealership gross profits see bigger impact from FandI Auto News

The average dealership gained more from FandI last year, even though retailers' overall sales penetration for products such as extended service contracts and GAP dropped a fraction of a percentage point. On average, FandI accounted for 39.



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Tesla awaits OK from governor to sell directly in MarylandAuto News

Tesla will be granted up to four licenses in Maryland if the governor signs a bill supported by the Maryland Automobile Dealers Association.



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New Black Book exec looks to help dealers close loans, leases fasterAuto News

Barrett Teague, Black Book's new vice president of lender solutions, says dealership FandI managers are never far from his mind. In part that's because he's been an FandI manager himself. Teague, 43, joined Black Book on April 6.



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FCA sale of Ferrari stake unlikely to exceed 10% after all Auto News

Fiat Chrysler does not expect to sell more than 10 percent of Ferrari in a planned initial public offering, CEO Sergio Marchionne said today, in a change of heart from a month ago.



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Marchionne will show data supporting industry need for consolidationAuto News

Fiat Chrysler Automobiles CEO Sergio Marchionne says he will produce data to back up his ongoing calls for consolidation in the auto industry.



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Wells Fargo, Chase adopt different lending approachesAuto News

Wells Fargo and JPMorgan Chase, two of the biggest banks in auto finance, adopted opposite lending strategies in the first quarter.



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Dealerships' gross profit from FandI climbsAuto News

The average dealership made more money from FandI last year, even though retailers' overall sales penetration for products such as extended service contracts and GAP dropped a fraction of a percentage point. On average, FandI accounted for 39.



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2016 Cadillac ELR to get $10,000 price cut, more powerAuto News

Cadillac said it will slash $10,000 from the price of the light-selling ELR plug-in hybrid for the 2016 model year. The sticker price will drop to $65,995, including shipping, from $75,995, after 18 months of miniscule sales of the sleek coupe.



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Toyota investments in Mexico, China to usher in new cost-efficiency strategyAuto News

Opening its purse after a three-year expansion freeze, Toyota announced plans today to spend nearly $1.



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Marchionne says sale of Ferrari stake unlikely to exceed 10% after allAuto News

Fiat Chrysler does not expect to sell more than 10 percent of Ferrari in a planned initial public offering, CEO Sergio Marchionne said today, in a change of heart from a month ago.



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Toyota to announce details on Mexico factory; Corolla production will move from Canada to new plant, report saysAuto News

Toyota will move production of its Corolla compact cars to a new factory in Mexico from Canada to benefit from lower costs, a report said.



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Toyota to announce details on new Mexico factory; Corolla production will move from Canada to new plant, report saysAuto News

Toyota will move production of its Corolla compact cars to a new factory in Mexico from Canada to benefit from lower costs, a report said.



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Smart transportation coalition forms to promote tech to lawmakersAuto News

Trade groups representing automakers and tech giants like Google, Microsoft, Apple and Intel have formed a coalition to advocate for industry-friendly connected car and autonomous vehicle policies on Capitol Hill.



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Lexus, Subaru score highest consumer reviews on DealerRaterAuto News

Lexus and Subaru dealerships posted the highest average consumer ratings among luxury and mass-market brands on review site DealerRater over the past 12 months.



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FCA's not-so-secret desire (4/14/15)

Execs drop strong hints about finding corporate partner; Chevy Spark price cut; BMW still in lead;...

from TumblrCynthia Lin

JPMorgan Chase loses bid to reclaim security for $1.5 billion GM loanAuto News

JPMorgan Chase lost another court bid to reclaim security for a $1.5 billion loan to General Motors' bankrupt predecessor.



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Hyundai seeks to add Mexico plant as local auto sales increaseAuto News

Hyundai Motor will seek to build a factory in Mexico once the company's domestic auto sales rise, joining affiliate Kia Motors in Latin America's top vehicle-producing market.



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VW shows off GTI Supersport concept for video gameAuto News

Volkswagen has unveiled a second high-performance concept for 'Gran Turismo 6' on the Playstation 3 game system. The Volkswagen GTI Supersport Vision Gran Turismo was released today.



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Hyundai's 'Message to Space' from a girl to her astronaut dadAuto News

To help an astronaut's 13-year-old daughter communicate with her astronaut father who hovers over Earth for months at a time in the International Space Station, Hyundai deployed 11 Genesis sedans to Delamar Dry Lake in Nevada to craft a...



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Hyundai seeks to add Mexico plant as local auto sales increase, exec saysAuto News

Hyundai Motor will seek to build a factory in Mexico once the company's domestic auto sales rise, joining affiliate Kia Motors in Latin America's top vehicle-producing market.



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Ford to unveil $2.5 billion Mexico investment on Friday, report saysAuto News

Ford plans to announce on Friday an investment of about $2.5 billion in Mexico, industry sources told Reuters. Ford will invest $1.3 billion to expand its plant in northern Chihuahua state, where it will build two new diesel engines. Another $1.



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Chevy cuts price, adds incentives for Spark EVAuto News

Chevrolet is cutting the sticker price on the Spark EV by $1,650 and adding cash incentives that will allow buyers to get the battery electric minicar for as low as $14,995 after federal and state tax breaks.



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Honda teams up with NBC, SNL for digital video seriesAuto News

The 2015 Honda CR-V and 2016 HR-V crossovers serve as the backdrops for off-the-cuff comedy with Saturday Night Live cast members in the 'Saturday Night Line' original digital video series.



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CEO Willisch says don't bet on a Bimmer pickupAuto News

Don't expect BMW to follow Mercedes-Benz into the pickup segment.



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Turmoil pushes Porsche chief to forefront of potential CEO race at VWAuto News

A rift between Volkswagen AG's two most senior executives threatens to create a power vacuum that's set to hasten the search for a new leader.



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Cadillac CT6 underpinnings could support a big BuickAuto News

Now that General Motors has christened its large, rear-wheel-drive platform, code-named Omega, with the debut of the Cadillac CT6 sedan, what other cars might go onto that same foundation?



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ThyssenKrupp plans to sell axle systems unit, report saysAuto News

German steelmaker ThyssenKrupp is selling its automotive contract assembly unit, which makes axle systems for car makers, as it seeks to streamline its activities and beef up profitability, two sources familiar with the deal told Reuters.



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Is Germany making too many luxury cars?Auto News

Massive sales gains present some tricky terrain for a luxury brand. The appeal of a German-born luxury car, at least in part, is the air of exclusivity. So how do Germany's car bosses deal with that potential stigma?



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2012 Subaru Impreza under investigation for potential airbag flawAuto News

U.S. safety regulators have opened an investigation into 2012 Subaru Imprezas because the front passenger seat airbags may fail to operate.



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Hanergy's solar-car plan draws skepticism Auto News

Plans by Hanergy Thin Film Power Group to build a car powered only by solar panels remain a mystery two months after being publicized, and analysts are skeptical the company can meet a goal to roll out prototypes this year.



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Honda confirms Takata airbag rupture injured driver in March accidentAuto News

Honda confirmed that a faulty airbag inflator made by Takata ruptured in a March 20 crash of a car in Florida, injuring the driver.



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Toyota to announce details on new Mexico car factory Wednesday, reports sayAuto News

Toyota will spend $1 billion to build a car factory in Mexico and plans to announce the investment on Wednesday, two sources with direct knowledge of the matter told Reuters.



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Piech, Winterkorn to discuss VW leadership crisis, report saysAuto News

Volkswagen Chairman Ferdinand Piech and the automaker's CEO, Martin Winterkorn, will discuss the company's leadership crisis when they meet in the next few days, a German newspaper reported.



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Toyota to announce details on $1 billion Mexico car factory Wednesday, reports sayAuto News

Toyota will spend $1 billion to build a car factory in Mexico and plans to announce the investment on Wednesday, two sources with direct knowledge of the matter told Reuters.



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Audi uses 'Avengers' to show off TTSAuto News

With spring come summer movie blockbusters, and Audi has tied up with one of the biggest.



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Automotive News adds 3 editorial staffersAuto News

Automotive News has expanded its editorial staff with the addition of two reporters and a senior data researcher.



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Step to Higher Ford Sales? (4/13/15)

Using stair-steps to counter market-share drops; Nissan Rogue hybrid U.S,-bound?; Jaguar tries...

from TumblrCynthia Lin

Honda searches YouTube to find Latino influencers for CR-VAuto News

American Honda treated YouTube like a massive buffet to find influencers for its latest Latino outreach campaign for the CR-V crossover.



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Nissan expects Leaf sales to hit 50,000Auto News

Nissan CEO Ghosn thinks selling 50,000 Leafs should not be a problem -- even with first-quarter sales down 21 percent. The key to EV growth will be more public charging, he says.



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Videos, mobile-friendly ads get Latino car shoppers' attentionAuto News

Dealers are reaching Hispanics at preferred destinations: videos and mobile devices.



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Nissan may add Rogue hybrid in U.S.Auto News

Nissan unveiled the X-Trail Hybrid for the Japan market. It is considering a hybrid version of the crossover's sister vehicle, the Rogue, for the U.S.



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GM ignition-switch death toll rises to 84Auto News

The death toll from General Motors' defective ignition switch has risen by four from a week earlier to 84, the office administrating GM's compensation fund said.



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Fiat Chrysler's Elkann sees more consolidation in auto industryAuto News

Fiat Chrysler Automobiles Chairman John Elkann sees the need for more combinations in the auto industry and expects consolidation to continue.



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Kia Sorento campaign targets the adventurousAuto News

Kia is positioning the 2016 Sorento at drivers with adventurous mindsets in a new online series that launched last week on the Yahoo Screen streaming service.



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Marchionne wants to complete mega deal before stepping down, report saysAuto News

Fiat Chrysler CEO Sergio Marchionne is hoping for a big deal, possibly in the United States, to plug the carmaker's weaknesses and cement his legacy before stepping down in early 2019, sources familiar with the situation told Reuters.



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Hyundai beats VW, Buick as China's top-ranked mass-market auto brandAuto News

Hyundai Motor beat Volkswagen and Buick to be the top-ranked mass-market auto brand in China in a state-backed survey, even as the South Korean automaker's deliveries there fell in the first quarter.



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Ram owners' suit spins on missing $50 optionAuto News

A South Carolina Ram owner's lawsuit filed against Fiat Chrysler last week can be summed up in an everyday question: What's the diff?



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Ford's stair-step workout for dealersAuto News

As its U.S. market share slides, Ford Motor Co. has dug up one of the old-school, sales-boosting tricks it had seemingly buried: stair-step incentives.



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Japan electronic giants embrace autos after consumer-goods strugglesAuto News

Japan's storied electronics companies are struggling in the cutthroat consumer goods market amid cheaper, and often more innovative, rivals from South Korea and China.



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Kia's new bosses have a tough act to followAuto News

The departure of Kia's top U.S. executive, Byung Mo Ahn, marks a pivotal moment for a brand that has enjoyed unprecedented growth and stability.



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Online startups offer dealers faster, cheaper ways to wholesale vehiclesAuto News

Years ago, dealers who wanted to get rid of aged used cars and unwanted trade-ins had to take them to a local auction. But now auctions are being challenged by start-ups that offer alternative ways to wholesale used vehicles.



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Blue sky surges for German luxury brandsAuto News

The values for German luxury brand dealerships in the United States are in the stratosphere, while some other brands are such poor prospects that the buy-sell market cannot even assign them a multiple.



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Nuclear deal may unleash big, pent-up Iran marketAuto News

The prospective nuclear agreement among Iran, the U.S. and four other nations could have major ramifications for the auto industry by opening up a new and significant emerging market.



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Toyota's Costa Rica retailer expands in U.S.Auto News

Costa Rica's distributor of Toyota Group vehicles wants to own five to seven Toyota dealerships and "a couple" of Lexus stores in the U.S. within three years, its CEO said. Purdy Motor Group is not quite halfway to that goal.



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Nissan is looking for more fleet businessAuto News

Honda's complaint that bigger fleet sales are driving Nissan's sales growth is erroneous, says Nissan Chairman Munoz. But while Nissan has cut back on rental-fleet sales, Munoz wants to sell more Nissans into lucrative commercial fleets.



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Cramped quarters teach valuable lessonsAuto News

But when Hodges Subaru moves to a much larger building, it will take with it many lessons learned during the years confined in a small space.



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Wolfgang Porsche backs VW chief Winterkorn after Piech's criticismAuto News

VW board member Wolfgang Porsche threw his support behind Volkswagen CEO Martin Winterkorn two days after his cousin and VW Chairman Ferdinand Piech publicly criticized the chief executive.



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Shanghai will serve up fresh selection of SUVs, crossoversAuto News

Automakers will feed China's seemingly insatiable appetite for SUVs and crossovers with a fresh batch of concepts and production models for the Shanghai auto show.



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Maxima strategy: 5 trims, no optionsAuto News

When the redesigned 2016 Nissan Maxima sport sedan goes on sale this summer, it will come in five trim packages #8212; 'and zero options,' says Fred Diaz, vice president for U.S. sales and marketing and operations.



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Automakers roll out SUVs in battle for fast-growing segmentAuto News

The Shanghai auto show -- which opens April 20 -- will be the perfect place to gauge the intensity of the SUV war between the global giants and Chinese automakers.



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VW in full-blown crisis as Winterkorn pledges to fight for jobAuto News

Volkswagen has plunged into a full-blown leadership crisis after CEO Martin Winterkorn let it be known on Saturday he will fight for his job even though the company's powerful chairman has reportedly withdrawn confidence in the chief executive.



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Takata airbag on Honda Civic linked to another injuryAuto News

Faulty airbags supplied by Takata have been linked to another injury involving a Honda Civic.



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Jaguar preps 4 fresh entries for the U.S.Auto News

A new compact sedan and crossover, plus a redesigned XF midsize and a freshened XJ full-size sedan, will give Jaguar a good chance to boost its sales next year, the brand's U.S. CEO says.



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4 of 5 Rolls purchasers customizeAuto News

Rolls-Royce buyers want their cars to stand out. They are adding between 20 and 30 percent over the list price in options, ranging from family crests to wood from a private estate.



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Crossovers key to Acura's climb, Accavitti saysAuto News

Acura trails the top luxury brands in total U.S. sales but is hoping it can build on a strong position in small and midsize crossovers with the RDX and MDX.



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Toyota's new engine lineup grows with 1.2-liter turbo Auto News

Toyota is stepping up a global engine upgrade of 14 high-efficiency powerplants through 2015 with the deployment of a new downsized turbo unit.



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NHTSA plans summit to promote culture of auto safetyAuto News

NHTSA head Mark Rosekind wants to hold a summit with automakers to explore how vehicle safety and defect issues are handled, and how those approaches can be improved.



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GM may spend $1 billion to retool landmark Michigan tech center, report saysAuto News

GM is considering spending as much as $1 billion to renovate its sprawling 60-year-old tech center outside Detroit, Bloomberg reported, citing a person familiar with the plan.



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Georgia dealership group sues Shelby American over sales leadsAuto News

Shelby American is being sued by a Georgia dealership group for violating a retail agreement designed to steer sales prospects to the brand's authorized dealers.



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A World of Possible Pickups (4/10/15)

Stein: Why stop at Mercedes?; rift at VW; Ford ramps up in Russia; NADA: Dealership profit margins...

from TumblrCynthia Lin

EPA strikes deal with trade groups over biofuel targetsAuto News

The EPA reached a deal with two oil trade groups on setting targets for blending renewable fuels into the nation's fuel supply.



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GM appoints new treasurer, CFO for international operationsAuto News

GM named Dhivya Suryadevara vice president of finance and treasurer, effective July 1. She will take over for Niharika Taskar Ramdev, who will become CFO of GM International.



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Nissan, BMW recall more than 165,000 vehicles for fuel pump glitchAuto News

Nissan and BMW are recalling more than 165,000 vehicles globally due to potential fuel pump failures that could cause an engine to stall or not start.



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Dealership net margins hold steady despite higher costsAuto News

Total dealership expenses, including sharply bigger payrolls, rose 4.7 percent at the average dealership in 2014.



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Ford bullish on Russia as it takes control of local joint ventureAuto News

Ford says it has confidence in the Russian market despite collapsing vehicle sales. Ford is taking control of its Russian joint venture with Sollers and providing it with additional financial support.



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Ford bullish on Russia as Mondeo output beginsAuto News

Ford remains confident in Russia despite the country's battered economy and collapsing vehicle sales. The automaker launched output of the latest Mondeo at its St.



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BMW's new tech chief ready to tackle shifting consumer demandsAuto News

Klaus Froehlich's recent promotion to BMW Group randd chief comes as the automaker shakes up its powertrain and platform lineups.



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Ford bullish on Russia as it launches production of new MondeoAuto News

Ford says it still has confidence in the Russian market despite collapsing vehicle sales. The automaker today started production of its latest Mondeo at its St.



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BMW's tech chief ready to meet changing consumer demandsAuto News

Klaus Froehlich's recent promotion to BMW Group randd boss comes as the automaker shakes up its powertrain and platform lineups.



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Lexus to reveal refreshed ES sedan in ShanghaiAuto News

Toyota will introduce a new Lexus model in China for the second year in a row, showing a refreshed ES sedan in Shanghai this month. The ES is the top-selling Lexus sedan in the United States.



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Honda Pilot gains 30 hp with 2016 redesign, new V-6Auto News

Honda's redesigned 2016 Pilot comes with a new 3.5-liter V-6 engine that makes 280 hp and 260 pound-feet of torque, an increase of 30 hp and 7 pound-feet of torque over the previous Pilot's V-6.



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Fiat Chrysler plans $3 billion bond offering to refinance debtAuto News

Fiat Chrysler plans to issue $3 billion in bonds that may be used to refinance debt at the former Chrysler Group, Bloomberg reported. The offering would be the company's second debt deal since Fiat's merger with Chrysler.



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300 Ad Salutes U.S. 'Royalty'' (4/9/15)

‘Game of Thrones’ star narrates spot; why Uncle Sam says wash your car; France ups...

from TumblrCynthia Lin

Fiat Chrysler plans $3 billion bond offering to refinance debt, report saysAuto News

Fiat Chrysler plans to issue $3 billion in bonds that may be used to refinance debt at the former Chrysler Group, Bloomberg reported. The offering would be the company's second debt deal since Fiat's merger with Chrysler.



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Former FAW-VW exec sentenced to life for accepting $5.3 million in bribesAuto News

A former top executive at Volkswagen's China joint venture with FAW Group, Shi Tao, was sentenced to life in prison for accepting $5.3 million in bribes. The sentence is the latest development in corruption investigations involving FAW.



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Opel CEO affirms goal of posting a profit in Europe in 2016Auto News

Opel CEO Karl-Thomas Neumann affirmed that the European arm of General Motors will return to profit in 2016, as continued growth in southern or central Europe would help offset a slump in Russia sales.



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NHTSA weighs reopening probe into Jeep fuel tanksAuto News

U.S. auto-safety regulators may consider reopening a probe into fuel-tank ruptures in some of Fiat Chrysler's older Jeep models. Repairs on fuel tanks from a 2013 recall of 1.



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Chrysler 300 spot touts the American road to triumphAuto News

The Chrysler brand is introducing a new commercial for the refreshed 300 sedan that focuses on the American path to success and is narrated by actor Peter Dinklage, who plays Tyrion Lannister on 'Game of Thrones.'



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