Fleetwide fuel economy resumes its climbAuto News

After a brief stall, the auto industry saw fleetwide fuel economy improve last year despite continued growth in light-truck sales, according to new data released today by the EPA.

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Ford Falls, but U.S. Picks Up Sales Pace (11/2/16)

Ford falls, but U.S. picks up sales pace; Ex-Ford, Maserati exec Leach dies at 59; Advantage VW?;...
from TumblrCynthia Lin

Tower Q3 profits rise on higher N.A. contractsAuto News

Tower International posted third-quarter net income of $18.2 million, a 12 percent year-over-year gain driven by new business in North America. Revenue rose 3.4 percent in the quarter to $457 million.

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Ford Falls, but U.S. Picks Up Sales Pace (11/2/16)

Ford falls, but U.S. picks up sales pace; Ex-Ford, Maserati exec Leach dies at 59; Advantage VW?;...
from TumblrCynthia Lin

Automakers are responsible for Takata airbag recalls, NHTSA chief saysAuto News

Automakers have "ultimate responsibility" for the costs of replacing potentially deadly Takata airbags, no matter what happens to the Japanese supplier, the nation's top vehicle safety regulator said.

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VW board to discuss brand overhaul on Friday, report says Auto News

Volkswagen's supervisory board will hold an extraordinary meeting on Friday to consult on a wide-ranging restructuring of the carmaker, two supervisory board sources told Reuters on Wednesday.

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Delphi Q3 profits hit by restructuring costs, debt retirementAuto News

Delphi Automotive reported a 27 percent decline in third-quarter net income as restructuring costs and debt refinancing offset revenue gains.

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FORD: Declines across the Ford lineup; gains at LincolnAuto News

Ford Motor Co.'s U.S. sales fell 12 percent in October, as every car and SUV in the Ford brand's lineup declined. It was the fourth consecutive year-over-year decline in Ford's monthly sales and its largest since August 2010.

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Martin Leach, former head of Maserati, Ford of Europe, dies at 59 Auto News

Martin Leach, a former Ford executive who led its European unit and also ran Maserati before taking a top position at electric carmaker NextEV, has died. He was 59.

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Fleet-wide fuel economy resumes its climbAuto News

After a brief stall, the auto industry saw fleet-wide fuel economy improve last year despite continued growth in light-truck sales, according to new data released today by the EPA.

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Sales in October slip 5.9%, but 17.98 million SAAR strongest of the yearAuto News

U.S. auto sales, dragged down by declines at Ford, General Motors, Fiat Chrysler, Honda, Nissan and Toyota, fell in October for the third consecutive month. However, the month's selling rate was the strongest of 2016 so far.

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Jaguar, Land Rover gain in '16 as Mercedes, Lexus, BMW lose groundAuto News

As auto-sales growth has slowed this year in the U.S., the biggest gainers have been smaller luxury brands with new SUV offerings. Exhibit A: Jaguar, the elegant British line known traditionally for its sports cars and sedans.

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Tesla's Musk blasts 'naysayers,' expects SolarCity boost in 3 yearsAuto News

Tesla CEO Elon Musk took his skeptics to task, giving more detail on potential benefits of the automaker's pending SolarCity acquisition and saying the deal's doubters have a history of making bad predictions.

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Mazda says Toyota tie-up could yield electric, connected carsAuto News

Toyota and Mazda have discussed electric vehicles and connected cars as part of at least 10 potential areas for cooperation, the latest indication Japan's automakers will join forces to cope with technological trends shaking up their industry.

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KKR said to drop from bidding for TakataAuto News

KKR and Co. has dropped out of the bidding for Takata Corp. as the troubled airbag maker seeks to finalize a shortlist of suitors by mid-November, according to people familiar with the matter.

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