2018年4月30日 星期一

U.S. lawmakers seek details from EPA on mpg rule changesAuto News

Two Democratic lawmakers asked EPA chief Scott Pruitt for documents related to proposed changes to vehicle fuel emission standards and California's authority to set its own measures, and accused him of misleading Congress of the agency's plans.

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U.S. wants 4-year phase-in for higher NAFTA auto content thresholdsAuto News

The latest proposal for updating NAFTA's automotive rules from the United States would carry a four-year phase-in to meet a higher, 75 percent regional value threshold as well as new labor rules.

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Supplier Strike in Canada Limits FCA Output (4/30/18)

Strike at supplier snags FCA in Canada; GM sues over sale of stores; Report: VW to manage,...
from TumblrCynthia Lin

Pentagon challenges Uber, Waymo in race over self-driving vehiclesAuto News

Forget Uber and Waymo: the next big name in self-driving vehicles could be the Pentagon. The stakes are high -- 52 percent of combat casualties can been attributed to logistics.

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Edsel Ford II says Ford board may vote on train station plan May 10 Auto News

Edsel Ford II said the automaker's board of directors "has been briefed" on plans to purchase the long-vacant Michigan Central Station as part of a "big redevelopment" near downtown Detroit.

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FCA Brampton plant limits production as Unifor strikes Lear seating plantAuto News

Unionized workers who make seats at Lear Ajax near Toronto began strike actions over the weekend. The strike has affected production of the Chrysler 300 and Dodge Challenger and Charger in Ontario.

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Ex-Opel CEO Neumann will join California-based EV startupAuto News

Former Opel CEO Karl-Thomas Neumann will join California-based EV startup Evelozcity, which is run by ex-BMW executives.

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JM Family Enterprises names Burns as CEOAuto News

JM Family Enterprises has named Brent Burns as its new CEO, effective July 1, with current CEO Colin Brown to remain chairman of the diversified concern.

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Google takes aim at engineer left untouched by suit against UberAuto News

Uber's settlement of Waymo's trade-secrets lawsuit in February left a key piece unresolved: the role played in the alleged theft by engineer Anthony Levandowski.

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GM going dark on monthly sales won't stop reporting shenanigansAuto News

A few years ago, BMW and Nissan were in heated races with their rivals, looking for buyers anywhere they could find. They found them alright -- in dealers' corner offices.

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Volkswagen in talks to manage Didi fleet, co-develop self-driving carsAuto News

Volkswagen is in talks to form a joint venture with China's Didi Chuxing to manage part of the ride-hailing company's fleet of cars and help develop 'purpose-built' vehicles for Didi's services.

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2018年4月28日 星期六

Ford begins forging major new campus in Detroit's Corktown neighborhoodAuto News

Ford is in talks with multiple property owners in the Corktown neighborhood near downtown Detroit in an effort that would create a sweeping campus consisting of dozens of individual properties, including both buildings and parcels of land, in the...

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2018年4月27日 星期五

NAFTA officials put top-level talks on hold until May 7 to consult with industryAuto News

Negotiators trying to hammer out a NAFTA deal said they will take a break until May 7, allowing time for consultations with the auto industry in Mexico.

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U.S. likely to back freezing fuel economy standards from 2020 through 2026, report saysAuto News

The Trump administration is likely to propose freezing fuel economy standards from 2020 through 2026, according to three people briefed on the matter told Reuters.

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Farley: Ford to Still Sell Affordable Vehicles (4/27/18)

Farley: Ford to sell affordable vehicles, even as sedans fade; Barra ‘17 compensation near...
from TumblrCynthia Lin

Tenneco Q1 adjusted earnings rise despite acquisition costsAuto News

Tenneco posted stronger first-quarter adjusted net income after incurring millions in acquisition and restructuring costs associated with the impending acquisition of Federal-Mogul.

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Trump aide's departure clouds CAFE outlookAuto News

The departure this month of a little-known White House bureaucrat could affect the pace, if not the substance, of administration deliberations over a new set of emissions and fuel-efficiency rules for light vehicles.

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Aisin Seiki quarterly profit rises 2.6%Auto News

Diversified Japanese auto supplier Aisin Seiki's operating profit rose nearly 3 percent to $641 million in the fiscal fourth quarter that ended March 31.

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subaru-of-america-new-headquartersAuto News

Subaru of America employees have begun moving into a new U.S. headquarters, with the majority of them set to start there on May 7.

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GM CEO Mary Barra earned $22 million in 2017Auto News

General Motors said CEO Mary Barra's compensation decreased slightly percent to $22 million in 2017 due to higher performance targets.

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Toyota supplier Denso's net jumps 24% in latest fiscal yearAuto News

Denso's net income jumped 24 percent to $3.02 billion in the just-ended fiscal year, on rising vehicle production levels around the globe and cost-cutting efforts.

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Tesla shareholder presses board to appoint independent chairmanAuto News

Tesla shareholders will vote in June on whether to adopt a policy that the company only allow an independent director to be chairman, a role that Elon Musk has held since 2004.

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Continental Q1 operating earnings fall 9% on currency effectsAuto News

German supplier Continental said adjusted earnings before interest and tax (EBIT) declined 9 percent in the first quarter as currency headwinds dented profit.

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Autoliv Q1 profit rises 3% ahead of splitAuto News

Autoliv said its first-quarter operating profit rose more than 3 percent and said it would not deliver financial guidance for the group ahead of its impending creation of two separate units.

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At Ford, scrapping sedans is too easy, and a mistakeAuto News

The hard work is not killing cars. It's finding new and creative ways to make them appealing.

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Fears for Ford Mondeo's future rise after sedan phaseout in U.S. Auto News

Ford said the Mondeo remains part of its European lineup despite fears for the car's future after the company announced it wouldn't replace its current sedan lineup in the United States.

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At Ford, scrapping cars is too easy, and a mistakeAuto News

The hard work is not killing cars. It's finding new and creative ways to make them appealing.

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Honda sees lower annual profit as firm yen offsets higher salesAuto News

Honda forecast a 16 percent drop in operating profit for the current financial year, as it expects a firmer yen to offset cost reductions and a slight rise in global sales of cars and scooters.

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Volvo Q1 profit rises nearly 4% on China, U.S. demandAuto News

Volvo reported a rise in quarterly operating earnings as growing sales in China and a recovery in the United States offset increased development and marketing costs.

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Daimler Q1 operating earnings fall despite higher vehicle salesAuto News

Daimler's earnings dropped 12 percent to about $4 billion in the first quarter despite higher vehicle sales. The company blamed foreign exchange effects and sales incentives.

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2018年4月26日 星期四

NAFTA local origin rules could hurt U.S. auto sales, exports, study findsAuto News

American proposals on rules of origin that govern what percentage of a light vehicle needs to be built in the NAFTA region to avoid tariffs would hurt American consumers, lead to lower vehicle sales and hurt American car exports, according to a new...

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Musk's 'no new capital' promise faces scrutiny when Tesla reports resultsAuto News

Investors are accustomed to the promises of Elon Musk, but his assertion that Tesla will not need more funds this year has many scratching their heads. How can Musk deliver without fresh cash?

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GM to fight $1 billion stock demand for ignition-switch pactAuto News

GM could be forced to give up more than $1 billion in new stock if a judge approves a deal between a trust handling its old bankruptcy claims and customers who sued over faulty ignition switches.

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Sergio Talks Ram, Rollouts and Whacking 'Crap' Out of GM, Ford (4/26/18)

Sergio on: Ramp-up woes, sleeping at the factory … and whacking ‘the crap’ out...
from TumblrCynthia Lin

BorgWarner Q1 income surges 19 percent on currency gain, acquisitionAuto News

BorgWarner Inc. said its net income grew 19 percent to $225.1 million, as the auto supplier's profits were fueled by a $200 million foreign-currency gain.

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Ally says Q1 net income rises 17%Auto News

Ally's first-quarter net income rose, driven by an uptick in net financing revenue and declines in loan loss provisions and income tax expenses. Auto originations also increased as used-vehicle loan volume reached a record high.

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Toyota invests $170 million in Miss. plant for next CorollaAuto News

DALLAS -- Toyota Motor Corp. is investing $170 million at its Blue Springs, Miss., assembly plant to build the 12th-generation Corolla sedan, creating 400 jobs.

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Pruitt defends decision to ease fuel economy standardsAuto News

The EPA's proposal to reset fuel economy standards for model year 2022-25 vehicles will be heavily motivated by consumer demand, administrator Scott Pruitt told a House panel Thursday.

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Group 1 Q1 net rises on U.S. sales growthAuto News

Group 1 Automotive's first-quarter net income rose 5.5 percent on improving business conditions in the U.S. oil patch, along with the recent U.S. tax cut.

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CDK's net jumps 24 percent on strong DMS growth Auto News

CDK Global's net jumped 24 percent to $96.1 million for the quarter ended March 31, on strong earnings from North American and international subscription services.

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Visteon Q1 net income rises 3.2 percent on China gainsAuto News

Visteon said its first-quarter net income rose 3.2 percent to $65 million, as strong gains and product launches in China offset a dip in North American sales.

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For Bosch diesel claim, technical details to come Auto News

Has Bosch really cracked the code and figured out how to take harmful diesel emissions off the table by simply tweaking the turbocharger and by closely controlling the temperature of the air entering the engine?

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Sonic's loss widens despite record Q1 revenueAuto News

Sonic Automotive's revenue rose to a first-quarter record on gains in FandI and new- and used-vehicle sales, but the retailer's net loss widened from a year earlier.

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Sonic's loss widens despite record Q1 revenueAuto News

Sonic Automotive's revenue rose to a first-quarter record on gains in FandI and new- and used-vehicle sales, but the retailer's net loss widened from a year earlier.

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Why Ford is killing most of its cars -- and why that's the right moveAuto News

Where will new Ford customers turn for an entry-level offering when the automaker's North American dealerships no longer carry a single sedan? We're about to find out.

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Why Ford is killing most of its cars -- and why that's the right moveAuto News

Last month on the NADA Show floor in Las Vegas, dealers expressed their satisfaction with some of the product decisions CEO Jim Hackett was making at Ford.

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GM, South Korea to invest $4.35 billion in troubled unitAuto News

General Motors and South Korea agreed to inject $4.35 billion into the company's unprofitable local arm to keep it afloat after it came close to seeking bankruptcy protection.

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Magna wins lidar contract with BMW GroupAuto News

Magna says the contract with the BMW Group 'is one of the first in the auto industry to include solid-state lidar for serial production.' The Canadian supplier developed the lidar with Innoviz.

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Magna wins lidar contract with BMWAuto News

Magna, and its partner, Innoviz Technologies, will supply BMW with solid-state lidar for the automaker's upcoming autonomous vehicle platforms.

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Lear raises outlook on rising seating, electronics salesAuto News

Lear raised its outlook for sales and earnings for the year after reporting record first-quarter results. It was the first earnings report for the supplier under new CEO Ray Scott

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Fiat Chrysler Q1 adjusted earnings rise 5% to $1.96 billionAuto News

Fiat Chrysler said its first-quarter adjusted earnings rose 5 percent to 1.61 billion euros ($1.96 billion) as the automaker cut debt by $1.6 billion. Earnings before interest and tax in the NAFTA markets fell 2 percent.

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AutoNation's Jackson, Magna's Stronach named to Automotive Hall of FameAuto News

AutoNation's Mike Jackson, Toyota's Kiichiro Toyoda, Magna's Frank Stronach and Car Talk's Ray and Tom Magliozzi will be inducted into the Automotive Hall of Fame.

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GM's operating profit sinks 27% on lower pickup production; net falls 60%Auto News

General Motors' net income and operating profit significantly fell in the first quarter due to planned downtime in its full-size pickup production, a restructuring in Korea and other costs.

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China may cut light-vehicle import duty by nearly half, report saysAuto News

China is mulling proposals to cut import duties on passenger cars by about half, Bloomberg reported, citing people with direct knowledge of the matter, a move that's set to give a lift to luxury brands such as BMW and Lexus.

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Tesla's Autopilot chief steps down after two yearsAuto News

Tesla's Autopilot chief, Jim Keller, has left the company, the latest in a rash of executive departures at the electric-car maker, which is in a fierce war for the engineering talent.

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Hyundai's Q1profit halves on bleak U.S., China salesAuto News

Hyundai's first-quarter net profit halved as bleak U.S. and China sales, a strong South Korean currency and labor union strikes dragged on the automaker's earnings.

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China may cut light-duty vehicle import duty in nearly half, report saysAuto News

China is considering proposals to cut import duty on passenger cars by about half, Bloomberg reported, people with direct knowledge of the matter, a move that's set to give a lift particularly to luxury-car makers such as BMW and Lexus.

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2018年4月25日 星期三

Ford doubles cost-cutting plan, earnings riseAuto News

Ford said it plans to stop selling all Ford brand sedans in North America and that it has nearly doubled its cost-cutting target by 2022 from the plan it laid out only six months ago.

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AutoNation's Jackson, Magna's Stronach named to Automotive Hall of FameAuto News

AutoNation's Mike Jackson, Toyota's Kiichiro Toyoda, Magna's Frank Stronach and Car Talk's Ray and Tom Magliozzi will be inducted into the Automotive Hall of Fame.

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Ford doubles cost-cutting plan, earnings riseAuto News

Ford said it has nearly doubled its cost-cutting target by 2022 from the plan it laid out only six months ago and committed itself to either fixing or eliminating unprofitable portions of the business.

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AutoNation names 1st academic to boardAuto News

AutoNation added the first academic and second woman to its board composed entirely of outside directors under CEO Mike Jackson.

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GM Adding 3rd Shift at Tenn. Crossover Plant (4/25/18)

GM adding shift at crossover plant; Ram offers dealers spiff to buy loaners; Bosch diesel...
from TumblrCynthia Lin

VW reaches $33.5 million diesel emissions settlement with MarylandAuto News

Volkswagen has reached a $33.5 million settlement with Maryland over state claims related to the German automaker's excess emissions, court documents show.

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Penske Q1 net soars behind broad gainsAuto News

First-quarter net income at Penske Automotive Group soared 31 percent to $108 million, powered by profit gains across all areas of the auto retailer's business.

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Penske Q1 net soars 31 percent on broad gainsAuto News

First-quarter net income at Penske Automotive Group soared 31 percent to $108 million, powered by profit gains across all areas of the auto retailer's business.

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Penske Q1 net soars 31% on broad gainsAuto News

First-quarter net income at Penske Automotive Group soared 31 percent to $108 million, powered by profit gains across all areas of the auto retailer's business.

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GM to add third shift in Tennessee, plans Holden version of GMC AcadiaAuto News

General Motors plans to resume a third shift to an assembly plant in Tennessee to meet growing demand for crossovers, including increased production for a Holden version of the GMC Acadia.

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Ford shakes up China network, names new leadersAuto News

Ford said it's reorganizing its operations in China by simplifying its distribution network and appointing new leaders to replace the CEO who abruptly left in January.

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GM banks on Chinese vehicle family to boost Brazil salesAuto News

GM is planning for long-term profitability in South America built on the back of draconian cost cutting during Brazil's recession and the same low-cost vehicles it is developing for Chinese markets.

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Bosch seeks to restore diesel reputation with new staff rulesAuto News

Bosch said it would teach 70,000 staff a new code of conduct by the end of this year in an effort to change the "mindset" of the supplier.

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FCA spiffs dealers to spin Rams through their loaner fleetsAuto News

FCA US, battling a decline in demand for Ram pickups, is offering added incentives to dealers in the United States who add new trucks to their service loaner fleets and count them as sales.

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FCA spiffs dealers to spin Rams through their loaner fleetsAuto News

DETROIT -- FCA US, battling a decline in demand for Ram pickups, is offering added incentives to U.S. dealers who add new trucks to their service loaner fleets and count them as sales.

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Lithia Q1 net rises 2.6 percentAuto News

Lithia Motors' first-quarter net grew on strong service and parts and finance results, despite a drop in new-vehicle sales and narrowing gross profit margins.

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Congress to seek VW CEO's testimony in new cheating probeAuto News

A House committee has begun a new investigation into allegations of overseas emissions cheating by Volkswagen and was seeking testimony from VW CEO Herbert Diess.

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Lithia Q1 net rises 2.6 percentAuto News

Lithia Motors' first-quarter net grew on strong service and parts and finance results, despite a drop in new-vehicle sales and narrowing gross profit margins.

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Bosch claims diesel technology breakthroughAuto News

Bosch said its engineers have developed a new diesel-exhaust system that cuts emissions far below legal limits and can help automakers avoid potential driving bans in Europe.

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Congress to seek VW CEO's testimony in new cheating probeAuto News

A House committee has begun a new investigation into allegations of overseas emissions cheating by Volkswagen and was seeking testimony from VW CEO Herbert Diess.

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Bosch claims diesel technology breakthroughAuto News

Bosch said its engineers have developed a new diesel-exhaust system that cuts emissions far below legal limits and can help automakers avoid potential driving bans in Europe.

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Aston Martin says China spurring another horse-to-cars momentAuto News

China's policies to cut pollution is driving a rapid move toward EVs in the world's biggest market and causing an upheaval in the global auto industry, Aston Martin CEO Andy Palmer said.

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Tesla teardown uncovers tech prowess, production shortcomingsAuto News

Tesla CEO Elon Musk has said his company was building advantages in the ability to make electric cars cheaply and efficiently. Those claims keep looking more questionable.

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BMW will export iX3 electric SUV to Europe, U.S. from ChinaAuto News

BMW will export its first full-electric SUV, called the iX3, to global markets after it goes into production in 2020 at its joint-venture plant in China.

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2018年4月24日 星期二

Calif. pension plan urged to divest automakers that skirt emissions rulesAuto News

A group of congressional Democrats representing California urged the state's pension system to divest stock from any automaker that follows the Trump administration's plan to relax light-vehicle emissions standards.

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Melrose gets green light from UK for GKN takeoverAuto News

UK Business Minister Greg Clark said there were no national security grounds to intervene in turnaround specialist Melrose's takeover of British auto supplier GKN.

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Mercedes A Class Stretches Out in China (4/24/18)

From Beijing: Benz stretches out, VW, partners boost tech spending, Uber rival Didi seeks a fleet;...
from TumblrCynthia Lin

Audi recalling 1.16 million vehicles worldwide over coolant pump issueAuto News

Audi said it was recalling more than a million vehicles worldwide because of concerns that an electric coolant pump could overheat or short-circuit from moisture within the pump and pose a fire risk.

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Asbury's Q1 net jumps 18 percentAuto News

Asbury Automotive's first-quarter profits jumped 18 percent, driven by FandI and parts and service gains, on a revenue increase approaching 4 percent.

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A farewell toast to the Jeep 'JK' WranglerAuto News

The two-door Jeep Wrangler JK and four-door Wrangler Unlimited JKU represent the bookend of a game-changing, if initially flawed, vehicle that was far successful beyond anyone's wildest dreams and unmatched by rivals.

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GM, Volvo team with Amazon to deliver packages to customers' carsAuto News

General Motors and Volvo have partnered with Amazon to offer customers in-vehicle delivery of packages in the United States.

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GM, Volvo team with Amazon to deliver packages to customers' carsAuto News

General Motors and Volvo have partnered with Amazon to offer customers in-vehicle delivery of packages in the United States.

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Mercedes seeks to keep China luxury lead with stretched A classAuto News

Mercedes aims to widen the brand's appeal to Chinese buyers with a long-wheelbase version of its latest A class.

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Volvo, Amazon launch service that delivers packages to customers' carsAuto News

Volvo formed a partnership with Amazon to offer U.S. customers in-car delivery of packages in the U.S. Volvo hopes to cater to high-end customers with busy lives by offering a convenience that leverages Amazon's size and reach.

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Volvo, Amazon launch in-car delivery serviceAuto News

Volvo formed a partnership with Amazon to offer U.S. customers in-car delivery of packages in the U.S. Volvo hopes to cater to high-end customers with busy lives by offering a convenience that leverages Amazon's size and reach.

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Once an industry joke, electric buses start to dent oil demandAuto News

Suddenly, buses with battery-powered motors are a serious matter with the potential to revolutionize city transport -- and add to the forces reshaping the energy industry.

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Ferrari pushes possible EV launch beyond 2022Auto News

Ferrari Chairman Sergio Marchionne says the supercar brand will not launch a full-electric car until after its next business plan ends in 2022.

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PSA first-quarter revenue jumps 42% on Opel-Vauxhall acquisitionAuto News

PSA revenue rose 42 percent to 18 billion euros ($22 billion) in the first quarter, lifted by its acquisition of Opel-Vauxhall last year.

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Mercedes-Maybach is betting on a hybrid SUV-sedan lookAuto News

Mercedes is betting on a hybrid SUV-sedan look to attract wealthy Chinese buyers to its Maybach ultraluxury brand.

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Flying taxi start-up hires designer behind modern Mini, Fiat 500Auto News

Lilium, a startup with ambitions to put electric "flying taxis" in the air next decade, has hired Frank Stephenson, the designer behind several iconic cars such as the Mini, Fiat 500 and McLaren P1.

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2018年4月23日 星期一

Gentex Q1 net income up 14 percent as revenue softensAuto News

Gentex said its first-quarter net income surged 14 percent from a year earlier as the mirror and electronics supplier managed to boost mirror deliveries despite a production glitch.

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Will Lease Deal Give New Accord a Boost? (4/23/18)

Will lease deal give Accord a boost?; Court rules against delaying CAFE penalty hike; Ford’s...
from TumblrCynthia Lin

Gentex Q1 net income up 14 percent as revenue softensAuto News

Gentex said its first-quarter net income surged 14 percent to $111.2 million from a year earlier, as the mirror and electronics supplier managed to boost mirror deliveries despite a production shortfall that hampered revenue during the quarter.

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Court blocks Trump effort to delay boost in 'gas guzzler' finesAuto News

Automakers will face steeper penalties if they fall short of annual federal fuel economy targets after a federal court blocked a Trump administration move to delay a scheduled increase in the fines.

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Nissan's Infiniti readies platform for electrified carsAuto News

Nissan's Infiniti luxury brand will introduce an all-new platform for its entire range when it shifts to exclusively electrified powertrains in 2021.

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Trump may tie Mexican immigration control to NAFTAAuto News

President Trump threatened to make Mexican immigration control a condition of a new NAFTA agreement, saying the southern neighbor must stop illegal immigrants from getting into the United States.

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2019 Toyota Avalon gets price bump after redesignAuto News

The fifth-generation Toyota Avalon that goes on sale next month as a 2019 model shares almost nothing with the previous generation, including the pricing.

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VW's internal handling of emissions scandal 'unsatisfactory,' U.S. monitor findsAuto News

VW's independent monitor, former U.S. Deputy Attorney General Larry Thompson, has criticized the automaker's internal response to its emissions scandal, a German newspaper report said.

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Activist investor turns up heat on HyundaiAuto News

Hedge fund Elliott Management said a restructuring plan proposed by Hyundai Motor Group to simplify its shareholding structure was not enough, and recommended it create a holding company, among other measures.

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GM Korea, union reach tentative wage dealAuto News

General Motors' South Korean unit said that it has reached a tentative wage deal with its labor union, meeting a key condition laid down by the automaker to prevent it filing for bankruptcy for the money-losing operation.

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Investor pushes Hyundai to add 3 independent board membersAuto News

Activist investor Elliott Management proposed the addition of three independent members to the board of Hyundai Motor Group in a document laying out its agenda after taking a more than $1 billion stake in the carmaker.

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Investor pushes Hyundai group to add 3 independent board menbersAuto News

Activist investor Elliott Management proposed the addition of three independent members to the board of Hyundai Motor Group in a document laying out its agenda after taking a more than $1 billion stake in the carmaker.

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2018年4月22日 星期日

China's Alibaba snags AI deal with Daimler, Audi, VolvoAuto News

Chinese online retailing giant Alibaba is partnering with global auto brands for the first time to supply artificial intelligence technology for home-to-vehicle connectivity in China.

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2018年4月21日 星期六

Canada, Mexico laud progress at NAFTA talksAuto News

The United States, Canada and Mexico are looking at a retooled trade pact that would require North American-built light vehicles contain content that is roughly 75 percent sourced in the three countries, up from 62.5 percent now.

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2018年4月20日 星期五

Ford puts huge ad account up for review Auto News

Ford, citing the need for "greater marketing efficiency, effectiveness and customer insight," while leveraging the "latest tools and technology," placed its global creative advertising account led by WPP's Global Team Blue under review.

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54 years of Mustang Mania (4/20/18)

Exploring 54 years of Mustang mania; As buyers go big, auto loans go long; Wells Fargo fined $1B;...
from TumblrCynthia Lin

Ford puts huge ad account up for reveiw Auto News

Ford, citing the need for "greater marketing efficiency, effectiveness and customer insight," while leveraging the "latest tools and technology," placed its global creative advertising account led by WPP's Global Team Blue under review.

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PSA's Tavares faces toughest opponent yet in German unionAuto News

PSA boss Carlos Tavares, who is no stranger to thrashing out difficult labor deals, is now taking on Germany's powerful IG Metall union, which has been the undoing of many a cost cutter.

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PSA seeks 3,700 Opel job cuts in Germany, labor chief saysAuto News

PSA wants 3,700 job cuts at Opel in Germany by 2020 and a process of contract buyouts and early retirement has already resulted in a reduction of about 2,000 positions, Opel's labor chief said.

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Truck craze, tech stretch purse strings, auto loans Auto News

Americans' love of pricey pickups, crossovers and SUVs is stretching their wallets, leading lenders to bend over backward to keep monthly payments affordable.

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Truck boom, new tech stretch purse strings, auto loans Auto News

Americans' love of pricey pickups, crossovers and SUVs is stretching their wallets, leading lenders to bend over backward to keep monthly payments affordable.

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Tesla subcontractor's busted jaw triggered safety probeAuto News

Days before Tesla defended its safety record this week, California began inspecting an incident involving a subcontractor who was hospitalized after a piece of factory equipment broke his jaw.

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At Nissan-Renault, the hunt for an 'irreversible,' sustainable futureAuto News

The alliance between Renault and Nissan needs to come up with a sustainable plan -- something "irreversible" -- for a future when Carlos Ghosn is no longer around as chairman to guide the partnership, the top executive says.

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Wells Fargo fined $1 billion for auto loan, mortgage abuseAuto News

The settlement with the CFPB cites Wells Fargo's practice of forcing auto insurance on some customers who took out loans to buy new vehicles. Wells Fargo will also "remediate harmed consumers," the bureau said.

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Wells Fargo to pay $1 billion fine for auto loan, mortgage abuseAuto News

The settlement with federal regulators, led by the CFPB, cites Wells Fargo's practice of forcing auto insurance on some customers who took out loans to buy new vehicles.

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VW's $229M settlement with owners of 3.0-liter diesels cleared by Canada judgeAuto News

An Ontario judge approved a settlement worth up to $229 million with about 20,000 owners of 3.0-liter VW, Audi and Porsche diesel vehicles in Canada affected by VW's emissions violations.

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Nissan to launch 8 electrified vehicles in Japan by 2022Auto News

Nissan aims to stoke sales in Japan by launching eight electrified vehicles and overhauling its dealer network over the next five years.

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Source Auto News

At Nissan-Renault, the hunt for an 'irreversible,' sustainable futureAuto News

The alliance between Renault and Nissan needs to come up with a sustainable plan -- something "irreversible" -- for a future when Carlos Ghosn is no longer around as chairman to guide the partnership, the top executive says.

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Porsche's head of powertrain development arrestedAuto News

German police arrested the head of powertrain development at Porsche in connection with parent Volkswagen Group's sweeping diesel emissions violations.

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GM Korea, union fail to reach wage deal Auto News

GM's South Korean unit and its labor union failed to reach a wage deal after another round of talks that sought to stave off a threat of bankruptcy for the unprofitable operation.

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Porsche's head of powertrain development arrested, report saysAuto News

German police arrested the head of powertrain development at Volkswagen's Porsche business and he is being held on remand as he was seen as a flight risk, Reuters reported, citing a person familiar with the matter.

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2018年4月19日 星期四

Daimler may buy tiny stake in Volvo, report saysAuto News

Daimler is open to supplying Volvo with engines and could even take a small stake in the Swedish automaker, a German business magazine reported, raising the possibility of increased ties between Mercedes and Volvo's Chinese owner, Geely.

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GM adds eBay CEO to board of directorsAuto News

GM CEO Mary Barra said Devin Wenig will bring "significant expertise in technology, global operations and strategic planning" to the automaker's board.

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Tough Task for 'Back-to-Basics' Cadillac Boss (4/19/18)

Tough task for ‘back-to-basics’ Cadillac boss; Ally management shakeup; Infiniti China...
from TumblrCynthia Lin

PSA fight to slash Opel factory costs intensifiesAuto News

PSA's fight to cut production costs at Opel's German factories took on a national dimension with Chancellor Angela Merkel intervening to say she expected the French automaker to honor commitments it made when it bought Opel from GM last year.

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Daimler may buy small stake in Volvo Cars, report saysAuto News

Daimler is open to supplying Volvo with engines and could even take a small stake in the Swedish automaker, a report said, raising the possibility of increased cooperation between Mercedes and Volvo's China owner Geely.

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Tim Russi to leave Ally FinancialAuto News

Tim Russi, Ally Financial's president of auto finance, who led many of the business's digital initiatives and helped expand the lender's dealership reach, is leaving the post.

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GM Korea, union fall short of deal before deadlineAuto News

Wage talks between GM's South Korean unit and its labor union ended without an agreement on Thursday, a day before the deadline the company has set for filing for bankruptcy.

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As GM mulls options, how does bankruptcy work in S.Korea?Auto News

GM's Korean unit has warned that it would file for bankruptcy if there isn't a restructuring deal by Friday, as the operation is running out of cash to pay employees and suppliers amid slumping sales.

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GM Korea, union fail to reach deal before Friday deadlineAuto News

Wage talks between GM's South Korean unit and its labor union ended without an agreement on Thursday, a day before the deadline the company has set for filing for bankruptcy.

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Ousted Cadillac chief Johan de Nysschen: 'It's not personal, it's business'Auto News

Johan de Nysschen unapologetically challenged leadership and the Cadillac team, while drawing the ire of many U.S. dealers with his ambitious -- and contentious -- Project Pinnacle plan to overhaul the brand and its retailers.

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GM seeks faster Cadillac revival, parts with de Nysschen Auto News

GM, seeking an accelerated revival at its flagship luxury brand, appointed Steve Carlisle president of Cadillac, replacing Johan de Nysschen, who will leave the automaker.

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NAFTA talks resume amid push for quick dealAuto News

The trio of ministers leading talks to retool NAFTA meet again in Washington beginning Thursday as they continue to push for a deal in principle within weeks.

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Freudenberg mulls IPO for Vibracoustic unitAuto News

German technology group Freudenberg will decide in the fall on an initial public offering in 2019 of its automotive vibration control technology business Vibracoustic.

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Infiniti sets ambitious plan to hike China output Auto News

Nissan's Infiniti luxury brand, looking to duck steep tariffs, aims to triple sales in the world's biggest auto market in five years by ramping up production of five new nameplates in China.

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2018年4月18日 星期三

Cimarrons, class and 'how I roll': De Nysschen riffs, quipsAuto News

Johan de Nysschen, the ousted head of Cadillac who helped Volkswagen AG's Audi brand achieve U.S. prominence a decade ago and later steered Infiniti, has been one of the auto industry's

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De Nysschen Out at Cadillac; GM Canada Exec Takes Helm (4/18/18)

De Nysschen out at Cadillac, GM Canada exec takes helm; Senate votes to scrap CFPB guidance on auto...
from TumblrCynthia Lin

Tesla faces workplace safety probe at Calif. plantAuto News

California's Division of Occupational Safety and Health opened a new investigation into Tesla following a report about worker protections at the company's plant in Fremont, Calif.

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Ford revives Mustang Cobra Jet for 50th anniversaryAuto News

The automaker said the new Cobra Jet will be the fastest Mustang to ever come from the factory, with a quarter-mile time of about 8.5 seconds and a top speed of more than 150 mph.

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Tesla faces workplace safey probe at Calif. plantAuto News

California's Division of Occupational Safety and Health opened a new investigation into Tesla following a report about worker protections at the company's plant in Fremont, Calif.

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Ford to revive Mustang Cobra Jet for its 50th anniversaryAuto News

The automaker said the new Cobra Jet will be the fastest Mustang to ever come from the factory, with a quarter-mile time of about 8.5 seconds and a top speed of more than 150 mph.

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Tesla's key statistic in Autopilot defense comes under scrutinyAuto News

Tesla's ardent defense of its Autopilot system is getting heat from safety advocates who question a key data point the company has been citing to plead its case.

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U.S. Senate votes to repeal CFPB's auto-lending guidanceAuto News

A resolution rescinding the Consumer Financial Protection Bureau's auto lending guidance, which aims to limit dealerships' retail margin on loans, passed by a narrow margin in the U.S. Senate. It will head to the House floor next for a vote.

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Maryland sends recall reminders to 40,000 driversAuto News

Under a new initiative, the Maryland Motor Vehicle Administration has reminded 40,000 motorists that their vehicles have been recalled for safety defects and should be taken to a franchised dealership to be fixed at no charge.

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GM replaces Cadillac chief de Nysschen Auto News

General Motors appointed Steve Carlisle president of Cadillac, replacing Johan de Nysschen, who is leaving the automaker immediately.

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GM offers in-dash fuel payments in 3-city pilot programAuto News

The feature is being piloted in roughly 1 million Chevrolet vehicles at select Shell stations in the Detroit, Seattle and Houston metropolitan areas.

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CDK Global buys Progressus MediaAuto News

CDK Global has acquired Progressus Media, provider of mobile advertising services for dealerships and automotive marketing companies, for an undisclosed amount -- a move that bolsters the software giant's advertising business.

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Volkswagen unit Electrify America selects suppliers for U.S. high-speed EV chargersAuto News

Volkswagen unit Electrify America has selected several suppliers, including Switzerland's ABB and South Korea's Signet EV, to install more than 2,000 high-speed electric vehicle chargers in the United States by the end of 2019.

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Volkswagen's Electrify America to install EV chargers at Walmart stores in 34 statesAuto News

Volkswagen AG unit Electrify America will install electric vehicle charging stations at more than 100 Walmart store locations in 34 U.S.

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German prosecutors probe Porsche board member over emissionsAuto News

German prosecutors are investigating current and former employees of Porsche, including a management board member, as part of their inquiries into emissions manipulations.

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Honda shows off Clarity Plug-in rangeAuto News

In the latest new clip to join our viral video charts, Honda colorfully highlights the range of its Clarity Plug-in hybrid.

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Nissan, Ford, Fiat among losers as European sales fall Auto News

Nissan, Ford and Fiat saw their European sales decline steeply in March as industrywide registrations fell by 5 percent, hit by drops in three of the region's five biggest markets, Germany, the UK and Italy.

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Next-gen Lexus ES teaser pic shows new contours, tweaked spindle grilleAuto News

A teaser photo of the next-generation Lexus ES sedan, which debuts at the Beijing auto show next week, shows a more stylized body with a prominent version of its polarizing "spindle" grille.

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German prosecutors investigate Porsche board member over emissionsAuto News

German prosecutors are investigating current and former employees of Porsche, including a management board member, as part of their inquiries into emissions manipulations.

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Nissan, Ford, Fiat among losers as European sales fall 5% Auto News

Nissan, Ford and Fiat brand saw their European sales decline steeply in March as industrywide registrations fell by 5 percent, hit by drops in three of the region's five biggest markets, Germany, the UK, and Italy.

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2018年4月17日 星期二

Tesla shifts to 24/7 Model 3 output to hit weekly targetAuto News

Tesla will begin around-the-clock production at its Fremont, Calif., assembly plant as it tries to ramp up Model 3 output to 6,000 a week by the end of June, according to an internal company email.

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Congress could repeal CFPB's auto-lending guidanceAuto News

The U.S. Senate is expected to vote in coming days on a resolution that would rescind the CFPB's auto lending guidance, which aims to limit dealerships' retail margin on auto loans.

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U.S. Senate votes 50-47 to debate unwinding CFPB's auto-loan guidanceAuto News

The U.S. Senate voted 50-47 on Tuesday in favor of debating whether to undo a consumer watchdog's March 2013 guidance restricting how car dealers extend auto loans to consumers.

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Hypercar Makers Gun Toward 300 MPH (4/17/18)

Top guns in speed: Hypercar makers race toward; VW scores dual court win; Mahindra forms EV...
from TumblrCynthia Lin

Buick sedan for China first new EV under GM's 2023 planAuto News

The first vehicle announced under General Motors' ambitious effort to introduce at least 20 electric or fuel cell vehicles by 2023 will be the Buick Velite 6 for China.

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China to scrap foreign auto ownership limits by 2022Auto News

The move is a major policy shift that will open the market wider to automakers such as Nissan and Tesla.

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Volkswagen unit Electrify America selects suppliers for U.S. high-speed EV chargersAuto News

Volkswagen unit Electrify America has selected several suppliers, including Switzerland's ABB and South Korea's Signet EV, to install more than 2,000 high-speed electric vehicle chargers in the United States by the end of 2019.

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New 1.5-liter Ford engine can run on just 2 cylindersAuto News

DETROIT -- For the first time in more than a century, Ford will offer a vehicle in the U.S. with an engine that can run on two cylinders.

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Auto industry lobbies for 95 octane as new regularAuto News

The auto industry is finally getting traction on its quest to make 95 octane gasoline the new regular in the United States.

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VW diesel lawsuits in Florida, Utah dismissed by federal judgeAuto News

A U.S. judge late Monday dismissed environmental lawsuits filed against Volkswagen AG over excess diesel emissions by Salt Lake County and Hillsborough County, Fla.

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TomTom Q1 earnings up as sales to automakers rise 42%Auto News

TomTom, the Dutch navigation and mapping company, reported better-than-expected first-quarter core earnings, despite a decline in sales.

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TomTom Q1 earnings up as sales to automakers rise 42%Auto News

TomTom, the Dutch navigation and mapping company, reported better-than-expected first-quarter core earnings, despite a decline in sales.

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China to scrap foreign auto ownership limits by 2022Auto News

China will end foreign ownership caps on local auto companies by 2022 and will remove restrictions on new-energy vehicle ventures this year, a major shift that will open the market wider to carmakers such as Nissan and Tesla.

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Smaller Opel/Vauxhall dealer network will focus on performance, customer satisfactionAuto News

PSA Group will focus its slimmed-down Opel/Vauxhall dealership network across Europe on sales performance and customer satisfaction.

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Japan lost the smartphone battle. Now it lags on connected carsAuto News

In the race to build cars with digitally connected services -- such as ordering coffee on the dashboard display -- Toyota and Nissan risk being held back by their home market.

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Ghosn confirms review of Renault-Nissan capital structureAuto News

Carlos Ghosn said he is open to all options as Renault and Nissan explore deeper ties. The two automakers are in talks to merge, according to reports.

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2018年4月16日 星期一

Tesla temporarily halts Model 3 production againAuto News

Tesla is temporarily stopping production of the Model 3 sedan for the second time this year -- this time to "improve automation," the company said.

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Washington tax incentive for electric vehicles to expireAuto News

Washington's electric vehicle sales tax exemption will expire at the end of May, earlier than expected, adding to headwinds faced by automakers in getting EV sales off the ground.

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UAW Secretary-Treasurer Gary Casteel makes 'personal decision' to retireAuto News

UAW Secretary-Treasurer Gary Casteel, 60, will not seek re-election and plans to retire when his current term ends in June.

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VW to reboot logo for 'colorful,' EV eraAuto News

Volkswagen AG plans to tweak the namesake VW brand's logo for the first time since 2012, as it prepares for the electric-vehicle era and tries to burnish an image tarnished by the diesel-cheating scandal.

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VW launches global creative ad agency reviewAuto News

Volkswagen Group launched a global creative agency review for its namesake brand as executives at the German auto giant look to centralize marketing control and improve VW's image in the wake of the diesel emissions scandal.

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Toyota readies 'talking' vehicles for 2021Auto News

Toyota plans to start selling U.S. vehicles that can talk to each other using short-range wireless technology in 2021, potentially preventing thousands of accidents annually.

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Source Auto News

Toyota Plans U.S. 'Talking' Vehicles in 2021 (4/16/18)

Toyota plans U.S. ‘talking’ vehicles in 2021; Selling VW Jetta as value play;...
from TumblrCynthia Lin

VW launches global creative ad agency reviewAuto News

Volkswagen Group launched a global creative agency review for its namesake brand as executives at the German auto giant look to centralize marketing control and improve VW's image in the wake of diesel emissions violations.

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Source Auto News

VW to reboot logo for 'colorful,' EV eraAuto News

Volkswagen AG plans to tweak the namesake VW brand's logo for the first time since 2012, as it prepares for the electric-vehicle era and tries to burnish an image tarnished by the diesel-cheating scandal.

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Source Auto News

Opel, Vauxhall to scrap dealerships as PSA cuts costsAuto News

Opel and Vauxhall are cutting dealerships as new owner PSA continues to reduce costs at the automaker it acquired last year in the face of sliding sales, notably in Britain, a major market.

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Toyota to launch 'talking' vehicles in 2021Auto News

Toyota plans to start selling U.S. vehicles that can talk to each other using short-range wireless technology in 2021, potentially preventing thousands of accidents annually.

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Opel, Vauxhall to scrap dealerships as Peugeot cuts costsAuto News

Opel and Vauxhall are cutting dealerships as new owner Peugeot continues to reduce costs at the automaker it acquired last year in the face of sliding sales, notably in Britain, a major market.

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Jaguar Land Rover confirms 1,000 jobs to go as diesel sales slumpAuto News

Jaguar Land Rover said it will cut 1,000 jobs and reduce production at two UK factories as demand for diesel cars slumps because of higher taxes and a regulatory crackdown.

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Daimler investor Li Shufu says automakers must talk or face oblivionAuto News

Geely owner Li Shufu, who in February became Daimler's biggest shareholder, said traditional automakers need a business model based more on sharing technology to generate acceptable returns in future.

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Trump push for quick NAFTA deal slowed by division on top issuesAuto News

President Donald Trump's push for a quick resolution to NAFTA talks is being stymied by persistent differences among the United States, Canada and Mexico over a handful of the make-or-break issues.

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GM rolls out $10,000 discount on Escalade to fend off Lincoln NavigatorAuto News

General Motors is stepping up its defense of the Escalade SUV, a cash cow for Cadillac and the company, by offering $10,000 discounts to some current customers to keep them from straying to the hot-selling new Lincoln Navigator.

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South Korea minister says GM needs to survive on own in long-termAuto News

South Korea's finance minister said that public funds could be used to support GM Korea only if it was clear that the business could survive on its own long term .

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SUVs and EVs will rule Beijing showAuto News

When global automakers descend on Beijing next week for Auto China, they will be focused on two white-hot vehicle segments: crossovers and EVs.

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2018年4月14日 星期六

VW CEO Diess on tap to become Audi chairman Auto News

The Volkswagen Group's new CEO, Herbert Diess, will likely take the reins of luxury division Audi's supervisory board next month, sources at the company say.

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2018年4月13日 星期五

NHTSA seeks information on asphyxiation death in Honda Odyssey Auto News

NHTSA has reached out to local authorities and Honda to learn more about the death of a Ohio high school student who died of asphyxiation after getting trapped in a Honda Odyssey minivan.

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FTC warns against warranty-voiding policiesAuto News

Hyundai Motor America was one of six companies selling cars, cellphones and video gaming systems which received FTC warning letters about illegal warranty-voiding practices.

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FTC warns against warranty-voiding policiesAuto News

Hyundai Motor America was one of six companies selling cars, cellphones and video gaming systems which received FTC warning letters about illegal warranty-voiding practices.

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GM to cut shift at Ohio plant as Chevy Cruze sales slumpAuto News

General Motors is cutting one of two shifts at its Lordstown Assembly plant in Ohio amid stalling U.S. sales of the Chevrolet Cruze.

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Source Auto News

GM’s Reuss: SAE Can ‘Redefine Itself’ (4/13/18)

Why GM’s Mark Reuss believes SAE can ‘redefine itself’ as a talent tool; Trapped teen dies in Honda...
from TumblrCynthia Lin

Automakers needn't get caught up in China trade spatAuto News

It's probably unrealistic to expect imports to account for a sizable portion of vehicle sales in China.

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FCA aims to top GM, FordAuto News

Fiat Chrysler Automobiles is aiming to earn bigger North American profit margins than Ford and General Motors as soon as this year, paving the way for payouts to shareholders.

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EPA details rationale for rewriting CAFE standardsAuto News

The EPA formally published in the Federal Register its decision to overturn the Obama administration's vehicle fuel efficiency standards.

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Jared Rowe returns to roots, named CEO of AutoWebAuto News

Jared Rowe, former president of Cox Automotive Media, is the new CEO of AutoWeb, returning to where he began his digital career when it was known as Autobytel.

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Facebook's privacy problem in the era of self-driving carsAuto News

The real data challenge carmakers will face isn't faceless hackers, it's the situation Facebook is answering for: business partners and suppliers playing fast and loose with the data they are supposed to be guarding.

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Automobili Pininfarina plans EV rival to Bentley SUVAuto News

Bentley and Range Rover are about to get some competition from a new rival with a familiar name. Automobili Pininfarina will be a stand-alone, Europe-based brand specializing in full-electric SUVs.

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New VW CEO inherits Russian alliance clouded by Trump sanctionsAuto News

Volkswagen's ties to GAZ Group, the vehicle maker owned by billionaire Oleg Deripaska, could expose the world's biggest auto manufacturer to the United States crackdown on Russian oligarchs

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Reuss calls on SAE, industry to better promote engineeringAuto News

General Motors product boss Mark Reuss warned of an imminent shortage of engineers and called on industry officials to increase efforts to get younger generations involved in automotive engineering.

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Musk doubles down on claim Tesla is all-clear on cash in tweetAuto News

Tesla meant what it said when telling investors this month that another capital raise won't be necessary this year, and Elon Musk just elaborated on why.

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Key takeaways from VW's wild weekAuto News

Audi loses, Porsche wins and why VW parted ways with Matthias Mueller were among the key takeaways from the conclusion of a wild week in Wolfsburg.

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Tesla may be the most hated stock in America -- and the most lovedAuto News

Few CEOs divide the stock market quite like Elon Musk. On one side are the believers, steadfast bulls who think Musk's Tesla will make them rich even though, right now, it looks like a money pit.

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VW's new boss mulls asset sales, promises streamliningAuto News

New VW CEO Herbert Diess said he will consider asset sales and pledged to speed up the German carmaking giant's decision-making as it confronts a seismic industry change in technology.

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Source Auto News

Automated driving hype will be a legal matterAuto News

Deadly crashes involving Tesla and Uber vehicles operating entirely or in part under automated systems have made a once-abstract problem very real for auto industry lawyers.

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VW's top labor representative backs Diess as new CEOAuto News

VW's top labor representative, Bernd Osterloh, has backed the choice of Herbert Diess as the automaker's new CEO. In the past, Osterloh has accused Diess of betraying workers.

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2018年4月12日 星期四

VW Names Diess CEO, Overhauls Leadership, Restructures (4/12/18)

VW names Diess CEO, overhauls leadership, restructures; M-B subscription pilot; Tech tidbits: Uber...
from TumblrCynthia Lin

Trump weighs rejoining TPP as he tones down China trade threatAuto News

President Trump said he may rejoin the Trans-Pacific Partnership, the free-trade deal he withdrew from shortly after taking office, as he expressed confidence in trade conflicts being resolved.

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Source Auto News

VW Group appoints Diess CEO, creates new divisionsAuto News

Volkswagen tapped Herbert Diess to take over as CEO, replacing Matthias Mueller, and is creating six new business areas and a special portfolio for China, its largest market.

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Source Auto News

VW Group appoints Herbert Diess as CEO, creates new divisionsAuto News

Volkswagen Group said Herbert Diess will take over from Matthias Mueller as CEO, adding fresh impetus to its efforts to slim down and reorganize the way its 12 brands are managed.

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Source Auto News

Uber agrees to expanded FTC settlement over 2016 hackAuto News

After admitting to covering up a widespread hack that compromised the personal data of 57 million customers in 2016, Uber has agreed to an expanded settlement with the Federal Trade Commission.

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CARB's Nichols isn't going to stop for TrumpAuto News

Mary Nichols, California's top air regulator, is gearing up for a battle with the Trump administration over the future of auto pollution standards in the United States.

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Trump further softens demand on NAFTA car content, report saysAuto News

The United States has again softened demands for changes to the auto sector as part of NAFTA negotiations, a key development in a crucial area, as Donald Trump says talks are progressing well.

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Tesla kicked off fatal crash probe by NTSB, report saysAuto News

The NTSB told Tesla that the carmaker was being removed from the investigation of a fatal accident, prior to the company announcing it had withdrawn from it, a source told Bloomberg.

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GM Korea future hangs by a thread as 16-year foray risks foldingAuto News

After 16 years and billions of dollars in investments, GM faces a decision in South Korea: stay or leave. GM international chief Barry Engle plans to meet South Korean officials this week.

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Musk calls Model 3 delay a months-long 'time shift'Auto News

Don't call Tesla's slower-than-anticipated deliveries of Model 3 sedans a delay. It's merely been a 'time shift,' according to Elon Musk.

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Marchionne's exit next year puts Fiat Chrysler in play for big merger dealAuto News

Sergio Marchionne spent the last 14 years transforming FCA through a series of spinoffs and mergers from a near-bankrupt Italian conglomerate into a profitable automaker. His exit may open the door for the next big deal.

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Mazda turns to emotions with new ad campaignAuto News

The latest new ad to top our viral video chart features a string of emotionally charged moments.

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Source Auto News

Mercedes-Benz will launch vehicle subscription pilot in Nashville, Philadelphia in JuneAuto News

Mercedes-Benz USA will launch its vehicle subscription program in a pilot with dealers in Nashville and Philadelphia, setting up a battle with BMW as the luxury rivals try out a new type of relationship with customers.

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VW's warring stakeholders to hash out a new strategyAuto News

VW's directors will meet on Thursday to discuss a far-reaching shake-up of its structure and leadership, in a test of unity for the automaker's often divided stakeholders.

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Lidar startup says it has achieved cost-effective sensorsAuto News

One year after making its public debut, lidar startup Luminar is tackling the persistent problem of efficiently mass-producing automotive-grade sensors.

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Ford to ramp up Lincoln rollout in China in bid to catch rivalsAuto News

Lincoln plans to build as many as five new vehicles in China by 2022, two sources told Reuters, in a move to expand sales in the world's largest vehicle market and blunt the impact of trade disputes.

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Tesla racial bias suit tests the rights of contract workersAuto News

Whether the contractor litigation gets to trial or not, the legal process threatens to bring unwanted scrutiny and unwelcome disclosures about Tesla's culture.

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Tesla draws rebuke for blaming Autopilot death on Model X driverAuto News

Consumer-safety advocates and autonomous-vehicle experts criticized Tesla for issuing another statement about the death of a customer that pinned the blame on driver inattentiveness.

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Varroc Lighting could grow -- if it could hireAuto News

Lighting systems supplier Varroc is keeping up with the latest trends in automotive lighting, but it's also dealing with the challenges of not having enough engineers.

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Varroc Lighting could grow -- if it could hireAuto News

Lighting systems supplier Varroc is keeping up with the latest trends in automotive lighting, but it's also dealing with the challenges of not having enough engineers.

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VW, Hino agree strategic truck partnershipAuto News

Volkswagen AG's Truck and Bus unit said it has agreed to form a strategic partnership with Japanese truck maker Hino to better compete in the commercial vehicle industry.

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Mercedes plans electric S class to challenge TeslaAuto News

Mercedes is developing a battery-powered sedan about the size of its S class, dubbed the EQ S, which will challenge Tesla's Model S for high-end electric-car buyers.

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2018年4月11日 星期三

Key Safety Systems secures funding to close deal for Takata assetsAuto News

Key Safety Systems secured funding to acquire nearly all of airbag maker Takata's assets from a group led by its parent Ningbo Joyson Electronic Corp.

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Source Auto News

Tesla targets Nov. 2019 to start Model Y output, report saysAuto News

Tesla is targeting November 2019 as the start of production for its Model Y small crossover, with production in China to begin two years later, two sources told Reuters this week.

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Source Auto News

Bob Lutz: Roads Will Be Safer Without Human Drivers (4/11/18)

Why car-guru Bob Lutz says roads will be safer without human drivers; Getting to know VW’s Herbert...
from TumblrCynthia Lin

Family of Tesla crash driver hires law firm, questions autopilotAuto News

The family of a driver killed in a Tesla crash has hired law firm Minami Tamaki to explore legal options, the law firm said, adding the Autopilot feature in the vehicle probably caused his death.

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Source Auto News

Uber still believes autonomous vehicles have a futureAuto News

Uber CEO Dara Khosrowshahi said the ride-sharing company still believes in the prospects for autonomous transport after one of its self-driving vehicles was involved in a fatal crash last month.

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Why Bob Lutz still thinks dealerships are doomedAuto News

Automakers, dealers and suppliers have two -- maybe three -- decades left before life as they know it is over, longtime automotive executive Bob Lutz says.

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Carmakers struggle to keep driver engaged even when on AutopilotAuto News

After partially faulting Tesla's automation system for a fatal crash, federal investigators last year called on carmakers to do more to keep drivers engaged as next-generation cars steer themselves.

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Source Auto News

Icahn's $5.4 billion exit strategy for Federal-Mogul soothes aftermarket retailersAuto News

One reason Carl Icahn is selling Federal-Mogul is because customers such as AutoZone and O'Reilly bristled at the fact the billionaire investor was both their supplier and competitor.

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When marketing luxury vehicles, 'electric' is no longer a bad wordAuto News

These days, well-heeled buyers consider a hybrid or plug-in vehicle a crucial part of a well-rounded garage.

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Source Auto News

Mexico awaits details of plan to bring auto engines to U.S., officials sayAuto News

A U.S. proposal that automobiles should be built in high-wage areas within the NAFTA region is partly aimed at increasing engine production in the United States, and more details on the plan are expected this week, Mexican officials said.

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VW CEO Mueller's abrupt exit heralds sweeping change to comeAuto News

Volkswagen's board abruptly ended the tenure of CEO Matthias Mueller, a caretaker who revived the carmaker after its worst crisis on record, turning instead to a leader who can implement deeper changes, people familiar with the matter said.

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Volkswagen's Herbert Diess goes from lame duck to top dog in 2 yearsAuto News

As Volkswagen fought for its survival two years ago, Herbert Diess -- a fresh hire from BMW -- appeared headed for a rapid exit after a tense standoff with the company's powerful labor unions over cost-cutting measures.

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Source Auto News

2018年4月10日 星期二

California: Emissions deal with EPA could be doableAuto News

California's top air-quality regulator sees hope for a deal with the Trump administration over fuel economy and emissions standards -- so long as Washington doesn't try to steamroll the state.

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Source Auto News

FCA, U.S. talks advance over emissions settlementAuto News

Fiat Chrysler Automobiles is in advanced settlement talks with the Justice Department and California Air Resources Board over accusations that the company illegally used software that led to excess emissions in 104,000 diesel vehicles sold since...

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Source Auto News

Ally Financial, Fair link on financing, auctionsAuto News

Ally and Fair have joined to offer consumers online vehicle financing through Ally's Clearlane, while Fair will send its off-lease cars to Ally's SmartAuction.

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Source Auto News

Federal-Mogul's long history grew bumpy in recent yearsAuto News

After a long and sometimes checkered history of navigating asbestos litigation and bankruptcy, and struggling to regain profitability, longtime auto supplier Federal-Mogul is slated to be acquired by Tenneco in a deal valued at $5.4 billion.

from Automotive News Breaking News Feed https://ift.tt/2qnFb4S
Source Auto News

Ally Financial, Fair link on financing, auctionsAuto News

Ally and Fair have joined to offer consumers online vehicle financing through Ally's Clearlane, while Fair will send its off-lease cars to Ally's SmartAuction.

from Automotive News Breaking News Feed https://ift.tt/2HtP09C
Source Auto News

Democrats vow to defend existing emissions standardsAuto News

Senate Democrats said they will fight the EPA's effort to scale back fuel efficiency standards and criticized automakers for reneging on a commitment to build cleaner cars by pushing for the change.

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Federal-Mogul to build, then tear down prototypeAuto News

A building so secret that workers are forbidden to discuss it is nearing completion on the grounds of Federal-Mogul's headquarters.

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Source Auto News

Another VW Management Overhaul? (4/10/18)

Another VW management overhaul?; Tenneco’s split strategy; Musk’s ‘constructive’ talk with NTSB;...
from TumblrCynthia Lin

Herbert Diess' to-do list is longAuto News

Word of the surprise shakeup at VW arrived in a press release that bore the signs of haste. Now Herbert Diess is preparing to take the top role at the automaker -- and he has a long to-do list.

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U.S. senate panel to repeal CFPB's auto lending rules, chief saysAuto News

The U.S. Senate Banking Committee plans to repeal the Consumer Financial Protection Bureau's indirect auto lending and leveraged lending rules in coming weeks.

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Why Mueller is leaving VWAuto News

Volkswagen CEO Matthias Mueller has won wide praise for steering the carmaker through the near-death experience of cheating on diesel-emissions testing -- but that wasn't enough to keep him in the job.

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GM hot for EVs, but also hot for internal combustionAuto News

Despite its goal of a zero-emission future, a General Motors executive said the company is not abandoning gasoline-powered engines anytime soon.

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Why the I-Pace could radically alter Jaguar perceptionsAuto News

The battery powered I-Pace coming this fall could finally be the vehicle that changes everything in the U.S. market for Jaguar.

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Source Auto News

VW mulls replacing Mueller as CEO in management shakeupAuto News

Volkswagen could replace its CEO as part of an overhaul of its management structure, it said on Tuesday.

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Ford gives Focus sportier design, more high-tech featuresAuto News

Ford has redesigned its Focus compact to put more emphasis on semi-autonomous technology and a sporty exterior design as part of a strategy to make it globally relevant.

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Source Auto News

Tenneco to buy Federal-Mogul for $5.4 billionAuto News

Tenneco said it will buy Federal-Mogul, a maker of powertrain components, from Icahn Enterprises for $5.4 billion. Tenneco also said it would separate its combined businesses into two independent, publicly traded companies.

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Source Auto News

Tenneco to buy Federal-Mogul for $5.4 billionAuto News

Tenneco said it will buy Federal-Mogul, a maker of powertrain components, from Icahn Enterprises for $5.4 billion. Tenneco also said it would separate its combined businesses into two independent, publicly traded companies.

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Elon Musk discusses fatal Tesla crash with NTSB chairmanAuto News

The chairman of the National Transportation Safety Board and Tesla CEO Elon Musk had a "constructive conversation" on the agency's probe into a fatal crash involving a Tesla vehicle that was operating in Autopilot mode.

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BMW, Toyota get tariff pledge amid U.S.-China trade warAuto News

BMW and Toyota were among global automakers that received some good news from China after President Xi Jinping reiterated a pledge to reduce import tariffs on vehicles this year, heeding decades-long pleas from companies seeking better access to the...

from Automotive News Breaking News Feed https://ift.tt/2qkDV2s
Source Auto News

BMW, Toyota get tariff pledge amid U.S.-China trade disputeAuto News

BMW and Toyota were among global automakers that received some good news from China after President Xi Jinping reiterated a pledge to reduce import tariffs on vehicles this year, heeding decades-long pleas from companies seeking better access to the...

from Automotive News Breaking News Feed https://ift.tt/2v157ZF
Source Auto News

2018年4月9日 星期一

Subaru of America communications chief departs Auto News

Subaru of America's longtime director of corporate communications is no longer with the company, effective Monday.

from Automotive News Breaking News Feed https://ift.tt/2JuYvWy
Source Auto News

Jeep, Mazda, Volvo See U.S. Sales Soar in Q1 (4/9/18)

Jeep, Mazda, Volvo see U.S. sales surge in Q1; Trump targets ‘stupid trade’; GM’s after-hours online...
from TumblrCynthia Lin

Mexico's NAFTA chief signals initial deal Is unlikely this weekAuto News

Mexican economy minister lowered expectations that the three NAFTA nations will reach an initial deal this week, saying instead he sees an 80 percent chance of an agreement by the first week of May.

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Source Auto News

Startup company affiliated with Alibaba wants to be China's TeslaAuto News

Xiaopeng Motors, which counts Alibaba among its investors, plans to raise billions of dollars in funds this year as the Chinese startup jumps into the world's biggest market for electric vehicles.

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Source Auto News

2019 Chevy Camaro latest to get 1LE track packageAuto News

Chevrolet is expanding the availability of its popular 1LE track package and 10-speed transmission as part of a refresh of the Camaro for the 2019 model year.

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Source Auto News

Nissan steps up hunt for more partnershipsAuto News

As the "control tower" for Nissan's latest mid-term plan, Catherine Perez is open for ideas in the automaker's hunt for high-tech technology partnerships.

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Source Auto News

Mapmaker TomTom evolves for self-driving futureAuto News

Self-driving cars may not be on the road anytime soon, but that isn't stopping Dutch navigation device maker TomTom from investing in high-definition maps needed when autonomous driving becomes the norm.

from Automotive News Breaking News Feed https://ift.tt/2qg4Htn
Source Auto News

Trump calls U.S.-China auto tariffs 'stupid' and not balancedAuto News

President Donald Trump lashed out at tariffs placed on American cars sold in China, saying the trade structure disproportionately hurts the United States.

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Source Auto News

Lithium glut fears tempered by optimism over surging demand for EV batteriesAuto News

Warnings of a lithium glut may be premature.

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Source Auto News

GM Korea may drop Spark, replace it with crossoverAuto News

General Motors' South Korean unit said it may discontinue its Spark minicar and replace it with a crossover as demand in the United States falls.

from Automotive News Breaking News Feed https://ift.tt/2HjdBO9
Source Auto News

2018年4月6日 星期五

California proposes new rules for self-driving cars to pick up passengersAuto News

California's public utility regulator on Friday signaled it would allow self-driving vehicle makers to transport passengers without a backup driver in the vehicle, a step forward for autonomous car developers just as the industry faces heightened...

from Automotive News Breaking News Feed https://ift.tt/2qb9JGQ
Source Auto News

At NAFTA table, no breakthrough; U.S. timeline could be in doubtAuto News

The United States, Mexico and Canada still have to resolve major issues around NAFTA, Canadian Foreign Minister Chrystia Freeland said on Friday, casting doubt that the quick deal sought by Washington would materialize.

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Source Auto News

COO Sprague Leaving Kia Motors America (4/6/18)

U.S. COO Sprague leaving Kia; Ford F-150, Expedition rollaway risk; Report: Trump mulls tougher...
from TumblrCynthia Lin

Trump seeks stiffer emissions rules for U.S. light-vehicle imports, report saysAuto News

The Trump administration wants to require imported automobiles to meet stricter environmental standards in order to protect U.S. automakers, The Wall Street Journal reported.

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Source Auto News

Former Ford engineer could win $16.8 million from discrimination caseAuto News

A federal court jury last week proposed awarding nearly $17 million to a former Ford engineer after he sued the automaker for discrimination, although Ford is contesting the verdict.

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Source Auto News

Kia COO Michael Sprague leaving companyAuto News

Over his decade at Kia, the automaker made an unlikely transition from a value-oriented brand to a much broader lineup that includes luxury, sporty and youth-oriented models.

from Automotive News Breaking News Feed https://ift.tt/2GFSwAE
Source Auto News

Ford recalls nearly 350,000 F-series pickups, Expedition SUVs for potential rollaway problemAuto News

Ford issued a recall for about 347,000 2018 model year F-series pickups and Expedition SUVs with 10-speed automatic transmissions for a potentially unseated transmission gear shift cable clip.

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Source Auto News

Smaller subprime auto lenders are folding as losses pile upAuto News

Growing numbers of small subprime auto lenders are closing or shutting down after loan losses and slim margins spur banks and private equity owners to cut off funding.

from Automotive News Breaking News Feed https://ift.tt/2uMozsM
Source Auto News

Trump to tap Heidi King to run NHTSAAuto News

The White House said President Trump intends to nominate NHTSA's deputy chief Heidi King to run the agency as regulators debate reducing planned fuel efficiency increases through 2025.

from Automotive News Breaking News Feed https://ift.tt/2qdT6ds
Source Auto News

NAFTA trio meets to test new warm mood as Trump sees deal soonAuto News

Senior ministers from the three NAFTA countries are gathering in Washington amid growing signs of optimism that they could find common ground on the toughest issues.

from Automotive News Breaking News Feed https://ift.tt/2IAfmWP
Source Auto News

VW cancels rebel supplier contract in EuropeAuto News

VW has canceled its contracts with Prevent Group, the supplier that forced the automaker to idle six factories when it stopped delivering components.

from Automotive News Breaking News Feed https://ift.tt/2IycMR8
Source Auto News

GM workers storm Korea CEO's office after company holds back bonusAuto News

GM workers in South Korea forced their way into company executive offices in Incheon, destroying and removing furniture, shortly after the GM unit nixed bonuses due to a cash crisis.

from Automotive News Breaking News Feed https://ift.tt/2qd66jF
Source Auto News

GM workers storm Korea CEO's office after company holds back bonusAuto News

General Motors workers in South Korea forced their way into company executive offices in Incheon, destroying and removing furniture, shortly after the automaker's local unit told employees that there will be no bonuses due to a cash crisis.

from Automotive News Breaking News Feed https://ift.tt/2JltlAK
Source Auto News

2018年4月5日 星期四

Trump says NAFTA deal may come 'fairly soon' but U.S. in no rushAuto News

President Donald Trump said the United States may reach a deal soon on a revamped NAFTA while playing down expectations the announcement will come next week at a regional summit in Peru.

from Automotive News Breaking News Feed https://ift.tt/2q809Fz
Source Auto News

Trouble for Chinese-Made Cars in U.S.? (4/5/18)

China-made cars from Volvo, Buick, Cadillac, Ford at risk?; A chance to learn from Uber crash;...
from TumblrCynthia Lin

Another charge, plea deal in UAW-FCA scandalAuto News

A former UAW official pleaded guilty for his role in the widening, multimillion-dollar corruption scandal involving a joint training center between the union and Fiat Chrysler.

from Automotive News Breaking News Feed https://ift.tt/2GSB1ML
Source Auto News

Longtime GM economist Mustafa Mohatarem plans to retireAuto News

Longtime chief economist at General Motors, Mustafa Mohatarem, has announced his retirement and is succeeded by Elaine Buckberg, who assumed her new duties April 1.

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Source Auto News

Racism suit filed against Connecticut dealershipAuto News

A former employee sued Lee Partyka Chevrolet in Connecticut, alleging the general manager fired him for complaining about a hostile work environment based on race.

from Automotive News Breaking News Feed https://ift.tt/2IsmVyD
Source Auto News

Fiat Chrysler confirms plan to spin off Magneti MarelliAuto News

Fiat Chrysler will spin off its Magneti Marelli parts business by the end of this year or early next year. The long expected move will help strengthen its capital position, the automaker said.

from Automotive News Breaking News Feed https://ift.tt/2JmsqAe
Source Auto News

American Center for Mobility opening in Michigan touted as crucial for autonomous futureAuto News

The America Center for Mobility, a crucial test ground in Michigan for autonomous vehicle technology, held its formal grand opening amid questions about the future safety of self-driving vehicles.

from Automotive News Breaking News Feed https://ift.tt/2q5XqfA
Source Auto News

Tariffs may end Chinese car imports before they really startAuto News

A small-but-growing number of Chinese-assembled cars making their way to the United States could be under threat as the Trump administration looks to slap a 25 percent duty on imported goods.

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Source Auto News

Daimler will discuss China cooperation with Geely's Li ShufuAuto News

Daimler is willing to discuss possible cooperation in China with Geely Chairman Li Shufu, who took a nearly 10 percent share in the German automaker in February, CEO Zetsche said.

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U.S.-China trade war could hurt German automakers more than DetroitAuto News

China's threat to retaliate against United States tariffs by imposing an additional 25 percent fee on American car imports would have a bigger impact on Germany's Daimler and BMW than on Detroit, according to analysts.

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2018年4月4日 星期三

Taurus, Sonic, Impala, U.S. Fiesta on Way Out? (4/4/18)

Report: Ford Taurus, U.S. Fiesta, Chevy Sonic, Impala on way out; BMW tests subscriptions; Trade...
from TumblrCynthia Lin

GM, Ford to drop 4 car nameplates, report saysAuto News

GM and Ford plan to discontinue four slow-selling car models, including the venerable Ford Taurus sedan, The Wall Street Journal reported, citing people familiar with the matter.

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