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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