Ford CEO plans to share vision with UAW before Wall StreetAuto News

Before he lays out his plans for Ford to Wall Street analysts and investors, new CEO Jim Hackett is going to share his vision for the automaker with leaders of the UAW.

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VW engineer to appeal U.S. prison sentenceAuto News

Former VW engineer James Liang plans to appeal a 40-month prison sentence for his role in Volkswagen's multiyear scheme to sell diesel cars that generated more pollution than U.S. clean air rules allowed.

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Environmental groups sue U.S. over delayed fines for gas guzzlersAuto News

Three environmental groups filed suit against the federal government Thursday for delaying the rollout of higher 'gas-guzzler' penalties for automakers that produce new vehicles that fail to meet minimum fuel-economy standards.

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Lincoln to electrify all models by 2022, report saysAuto News

Lincoln will offer hybrid gasoline-electric versions of all its U.S. models by 2022, sources familiar with the plans told Reuters. Details could be announced as early as early October.

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Ford's Lincoln brand plans electrified versions of all models by 2022, report saysAuto News

Lincoln plans to offer hybrid gasoline-electric versions of all its U.S. models by 2022, three sources familiar with the plans told Reuters. Details could be announced as early as Oct. 3

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Irma’s Impact on Dealerships: ‘We’re Already Shut Down’ (9/7/17)

Irma’s impact: AutoNation, other retailers close some Fla. stores, Showrooms ‘stuffed to the gills’...
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Auto industry braces for massive influx of dataAuto News

Self-driving vehicles will generate unfathomable amounts of data, and companies will need to work together if they want to take advantage of new and larger sources of information, an Intel executive says.

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Car dealers see opportunity as Harvey roils used marketAuto News

With Hurricane Harvey potentially having damaged 1 million vehicles in Houston, the rush is on in states near and far to acquire and ship new ones into the city.

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Outstanding auto loans hit record $1.1 trillionAuto News

Outstanding U.S. auto-loan balances reached a record-high $1.1 trillion in the second quarter, a 7.1 percent rise paced by prime loans, an Experian report said.

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VW eyes sale of assets accounting for 20% of revenue, report saysAuto News

Volkswagen is actively working on deals to sell non-core assets accounting for as much as 20 percent of the German carmaker's annual revenues, The Wall Street Journal reported.

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AutoNation to shutter 35 Florida stores as hurricane approachesAuto News

AutoNation told employees this afternoon that it's closing all 35 of its stores in South Florida at 5 p.m. Eastern time. The notice says the stores also will be closed Friday, but it's possible that the closures will last through the weekend.

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Penske raises truck-leasing stakeAuto News

Penske Automotive Group has acquired an additional 5.5 percent interest in Penske Truck Leasing from subsidiaries of GE Capital Global Holdings.

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Canada grants permit to Ambassador Bridge owner to build new bridge in DetroitAuto News

Canada's transportation agency has given conditional approval to Detroit International Bridge to build a long-sought new Detroit River bridge that would replace the aging Ambassador Bridge.

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Delphi, Magna join funding round for Lidar company InnovizAuto News

Top suppliers Delphi Automotive and Magna International have joined a $65 million funding round for Innoviz Technologies, the maker of laser-based sensor technology for autonomous vehicles.

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China EV venture Future Mobility launches Byton brand, eyes U.S., EuropeAuto News

China EV maker Future Mobility, co-founded by former BMW and Nissan executives, launched its Byton brand that it plans to introduce in the United States and Europe after starting sales at home in 2019.

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White House, states set for showdown over mpg rulesAuto News

The Trump administration and major states appear to be headed for a showdown over landmark rules aimed at doubling the fuel efficiency of vehicles sold in the United States.

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Florida car dealers say insurers halt policies ahead of IrmaAuto News

Insurers including Progressive and Allstate have stopped issuing policies on new cars in certain Florida counties, hindering vehicle sales days before Hurricane Irma is forecast to hit the state.

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Nissan says new electric vehicle competitors 'positive' for marketAuto News

Nissan considers new electric vehicle competitors positive for the market because it is an opportunity to "democratize" the environment-friendly vehicles.

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