U.S. dealers sold record average 921 vehicles in 2014Auto News

The average number of new-vehicles sales per dealership last year marked the third consecutive year of improvement, surging nearly 50 units to reach a record 921 units sold per store, according to a study by Urban Science.



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GM adds former Lockheed executive as 5th female directorAuto News

GM named Linda Gooden, a former executive vice president of Lockheed Martin, a director, giving the company's board of directors a fifth woman and second black member.



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GM will build Chevy Bolt in Michigan in late 2016, report saysAuto News

General Motors plans to begin building the Chevrolet Bolt, its all-new $30,000 electric car, in October 2016 at an underused small-car plant north of Detroit, two supplier sources told Reuters.



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U.S. dealers sold record average 921 vehicles in 2014, report saysAuto News

The average number of new-vehicles sales per dealership last year marked the third consecutive year of improvement, surging nearly 50 units to reach a record 921 units sold per store, according to a study by Urban Science.



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2 executives at Japan's Mitsuba indicted in U.S. for price-fixingAuto News

Two executives of Japanese auto parts company Mitsuba were indicted today on charges of conspiring to fix the prices of auto parts and obstruction of justice, the Justice Department said.



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Honda, Subaru Airlift Parts (2/5/15)

Port labor dispute also prompts Toyota to cancel some overtime; per-dealership sales rise; Takata...

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Takata whistleblower willing to testify on deadly airbag flawsAuto News

A former Takata engineer has told a US congressional committee he's willing to testify that he warned of deadly consequences before the company chose a design for airbags that were later recalled due to lethal flaws.



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Nissan Rogue shipments to U.S. to be boosted by 38% to 110,000Auto News

Renault-Nissan will export 38 percent more Nissan Rogue crossovers to the U.S. from South Korea in 2015 than planned earlier, to meet rising demand in North America.



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Delphi expects safety system sales to jump 50% for yearsAuto News

Delphi Automotive said sales of advanced vehicle-safety systems would jump 50 percent annually for the next several years.



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New Ally CEO outlines plans to increase nonprime loansAuto News

Jeff Brown, newly promoted to CEO of Ally Financial, got more specific today about Ally's plans to increase its mix of below-prime loans.



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Toyota to pay $200 million to help China dealers, group saysAuto News

Toyota has agreed to pay 1.24 billion yuan ($200 million) to distributors for one of its Chinese joint ventures, according to the state-backed auto dealers group.



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Takata widens loss forecast as airbag recall costs mountAuto News

Takata, the Japanese airbag maker at the center of a safety crisis, widened its loss forecast for this fiscal year as automakers led by Honda expanded recalls to investigate the cause of malfunctions.



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GM recalls said to trim executive bonuses while sparing UAWAuto News

The cost of General Motors' massive ignition-switch recall will cut into executives' bonuses for last year, even as UAW members' profit-sharing payments exclude those billions, said two people familiar with the matter.



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GM counts 104 death, injury lawsuits related to car defectsAuto News

General Motors, which has come under media, congressional and courtroom scrutiny over fatalities caused by flawed ignition switches, is defending 104 death and injury lawsuits brought by those who blame accidents on defects in the company's...



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Delphi Q4 earnings rise 13% to $344 millionAuto News

Delphi Automotive reported earnings that slightly beat Wall Street expectations on strong performance of its electronics and safety systems as well as powertrain businesses.



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Group 1's adjusted Q4 net hits record; GAAP operating profits, net fallAuto News

Group 1's fourth-quarter adjusted net income rose 41 percent to a record $41 million, on an 11 percent rise in revenue, the nation's third-largest auto retailer said today.



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Ontario sells last GM shares for $875 millionAuto News

Ontario's government sold its last remaining General Motors shares acquired during the automaker's 2009 bailout, saying it would invest the $875 million of proceeds in an infrastructure fund.



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Honda, Subaru airlifting parts amid West Coast port labor talksAuto News

Japanese carmakers including Honda and Subaru are shipping some auto parts to the US by air to bypass a labor dispute at West Coast ports that is delaying deliveries.



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Takata whistle blower willing to testify on deadly airbag flawsAuto News

A former Takata engineer has told a US congressional committee he's willing to testify that he warned of deadly consequences before the company chose a design for airbags that were later recalled due to lethal flaws.



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