Nissan UK shows off some of the technology found in the Juke crossover.
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2018年7月31日 星期二
Flat batteries are making EV engineering easierAuto News
Flat battery packs are improving the flexibility and range of emerging all-electric vehicle platforms, according to Matt Renna, Volkswagen Group of America vice president of e-Mobility.
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TRAVERSE CITY CONFERENCE: Why Nissan views itself as the 'wallflower leader' of EVsAuto News
Company that launched the ground-breaking Leaf EV admits the public pays more attention to flashier companies like Tesla or General Motors.
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Tower lifts 2018 revenue outlook on new business, foreign exchange, higher steel pricesAuto News
Tower International raised its full-year revenue outlook to $2.17 billion to reflect new business, favorable foreign exchange rate gains and higher steel prices. The metal components and assemblies supplier's
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Toyota: Fuel cells #39;best clean energy'Auto News
oyota Motor Corp. plans to electrify every vehicle in its lineup by 2025 with some type of hybrid option, but believes battery electric vehicles alone are not the answer.
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Honeywell hot on turbos in EV ageAuto News
The industry may be entering the age of electrification and automated driving, but larger numbers of vehicles using electric motors and driving themselves won't slow the growth of turbochargers, says Craig Balis, chief technology officer of...
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TRAVERSE CITY CONFERENCE: GM stands by combustion engines -- for nowAuto News
General Motors will continue to invest in new internal combustion engine technologies and hybrid systems as it strives to one day exclusively offer zero-emissions vehicles.
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GM brings back iconic 1960s Tripower name Auto News
For the first time since the mid-1960s, GM will have a Tripower engine in its lineup
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Why nobody wants to talk about Trump's tariffsAuto News
At one of the largest automotive business conferences in North America -- the CAR Management Briefing Seminars -- there's one glaring omission in the discussions. Tariffs.
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Is Ford Planning a Focus-Based Pickup? (7/31/18)
Is Ford planning a Focus-based pickup for the U.S.?; July sales dip expected; ‘All boats will not...
from TumblrCynthia Lin
from TumblrCynthia Lin
TRAVERSE CITY CONFERENCE: Big tariff costs would drag down sales, analyst saysAuto News
Proposed tariffs on imported vehicles could increase vehicle prices by up to $6,000, says IHS's Michael Robinet.
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Predicted cost of tariffs: Big Tariff costs would drag down sales: Robinet Auto News
Proposed tariffs on imported vehicles could increase vehicle prices by up to $6,000, says ISH's Michael Robinet.
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Aptiv to partner with Hertz on autonomous fleets; Q2 operating earnings riseAuto News
Automotive tech supplier Aptiv has entered a partnership with Hertz to cooperate on implementing fleets of autonomous vehicles, starting with a pilot program of an initial 75 vehicles in Las Vegas, to launch this fall.
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Combustion engines will help GM reach its 'three zeros' Auto News
General Motors will continue to invest in new internal combustion engine technologies and hybrid systems as it strives to one day exclusively offer zero-emissions vehicles.
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Cities retool the mobility worldAuto News
The auto industry faces a new wave of regulations as cities trying to combat rising congestion and pollution become more assertive in shaping the ways their residents move about.
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Cities retool the mobility worldAuto News
he auto industry faces a new wave of regulations as cities trying to combat rising congestion and pollution become more assertive in shaping the ways their residents move about.
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How JLR lost $276 million last quarterAuto News
Jaguar Land Rover posted a quarterly loss as higher incentives in China. Europe's diesel slump also hit earnings.
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Traverse City Conference: Local company backed by Faurecia develops energy-efficient seats activated by sitting downAuto News
A Traverse City company, with backing by French supplier Faurecia, is working on an advanced energy-saving seat heating and cooling system that could be ready for production in 2021.
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Traverse City conference: Local company backed by Faurecia develops energy-efficient seats activated by sitting downAuto News
A local company, with backing by French interior modules supplier Faurecia, is working on an advanced energy-saving seat heating and cooling system that could be ready for production in 2021.Promethient Inc.
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Self-driving cars need the public's buy-inAuto News
What good are autonomous driving rules if John Q. Public is too scared to get inside a robocar in the first place?
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Panasonic expects Tesla battery production to boost profits this fallAuto News
Panasonic said it expects its battery business with Tesla to contribute to profit from the second half of its business year, as production of mass-market Model 3 cars picks up pace.
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Trump tariffs expected to take up to a $719 million bite out of DensoAuto News
Toyota-affiliated supplier Denso said it expects to take a hit of up to $719 million this year if the United States raises auto tariffs, Japanese media reported.
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The great fade-out: CD players in the dashAuto News
New cars and light trucks don't feature single-disc or multidisc CD players in the numbers available even five years ago.
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Ford readying a compact pickup by 2022, report saysAuto News
Ford will introduce a compact pickup in the U.S. by 2022, according Automobile, which said the small pickup would be a unibody vehicle based off the next-generation Focus platform.
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BMW drops subscription pricesAuto News
BMW said it is offering a new lower-price tier in its vehicle subscription program, which allows members to switch out vehicles for a monthly fee.
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BMW cuts monthly subscription prices Auto News
BMW said it is offering a new lower-price tier in its vehicle subscription program, which allows members to switch out vehicles for a monthly fee.
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Why BMW is investing $1.2 billion in HungaryAuto News
BMW plans to invest $1.17 billion in a new assembly plant in Hungary, its first factory in Europe in nearly two decades as the automaker strengthens its European footprint amid growing protectionism.
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Honda profit climbs 11% on North American sales, cost cuttingAuto News
Honda reported an 11 percent increase in operating profit in the most recent quarter as rising sales in North America offset foreign exchange rate losses.
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2018年7月30日 星期一
Tesla fills chief accounting post with Seagate's CFOAuto News
Tesla is filling a significant void in its finance team with a former chief financial officer of computer-drive maker Seagate Technology.
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Uber to stop developing self-driving trucksAuto News
Uber will stop developing self-driving trucks that have been hauling cargo on U.S. highways, the ride-hailing company said on Monday, seeking to focus its autonomous-vehicle technology solely on cars.
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Inside Kuka, the future is cellsAuto News
Tooling supplier Kuka has reimagined traditional manufacturing from an assembly line to an automated matrix of cells.
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U.S. new-car sales on pace to dip, remain flat in July, forecasts showAuto News
U.S. car and light-truck deliveries are projected to be flat or down in July, forecasts from J.D. Power/LMC, Edmunds and Cox Automotive show, with one less day and weekend of sales. It would be only the third monthly year-over-year drop in 2018.
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GM's smart manufacturing means more robotsAuto News
General Motors is growing its use of connected robots that can help the automaker identify maintenance problems before they occur.
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Toyota moves to new level on second-generation fuel-cell semi-truckAuto News
Toyota unveiled a second-generation of its proposed hydrogen fuel cell semi-truck, which it hopes can bring zero-emission to commercial vehicles.
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Millennials are design, technology change agentsAuto News
The auto industry is adjusting to a new customer who is expected to change how vehicles are designed, marketed and sold.
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Dana agrees to $600 million acquisitionAuto News
Dana has reached an agreement to acquire Oerlikon's drive systems business in a transaction valued at $600 million.
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Conti sees trend to faster product development Auto News
The breakneck speed at which self-driving and connected-car technology is evolving is forcing the industry to change how products will be developed, a Continental executive said.
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Voltage rising on EV technologyAuto News
One challenge facing the auto industry is that recharging and operating systems for EVs are trending strongly toward higher voltage, said Eaton executive Scott Adams.
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Could More Tariffs Put Buick on the Brink? (7/30/18)
Could more tariffs put Buick on the brink?; Toyota ‘can make enough’ pickups; Audi, BMW teasers;...
from TumblrCynthia Lin
from TumblrCynthia Lin
How Sergio Marchionne won the hearts of journalists by breaking PR rulesAuto News
FCA CEO Sergio Marchionne was not one to be controlled. He couldn't be scripted. He said what was on his mind. And in the process, he frequently forced his talented but understaffed public relations team to scramble.
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New heart of the car: The GPUAuto News
Computing technology is transforming the $10 trillion transportation industry. And at the heart of that transformation is the graphics processing unit, a top Nvidia executive said.
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New heart of the car: The GPUAuto News
Computing technology is transforming the $10 trillion transportation industry.
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Attorney sees industry input as key to safety standardsAuto News
The framework for auto safety regulations should be coming from auto industry insiders, an industry lawyer contends.
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New Ferrari CEO to make leap from being a tobacco guyAuto News
Ferrari's new boss, Louis Camilleri, has big shoes to fill, but the tobacco industry veteran may have just what is needed to steer the luxury sportscar maker through its next lap, analysts and industry insiders said.
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(No heading)Auto News
When it comes to shaping regulation and safety standards for autonomous vehicles, Jennifer Dukarski wants the fox to watch the hen house.
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Grupo Antolin envisions different interiors -- and new factory methodsAuto News
Autonomous technology will mean changes for the materials, design and functionality of the interior components built by suppliers such as Grupo Antolin.
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Antolin envisions different interiors -- and new factory methodsAuto News
Autonomous technology will mean changes for the materials, design and functionality of the interior components built by suppliers such as Grupo Antolin.
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Automakers urged to take more steps against hackersAuto News
If automakers don't take control of vehicle software, self-driving cars could be riddled with bugs that leave them vulnerable to hackers, said Ami Dotan, CEO of Karamba Security.
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Automakers urged to take more steps against hackersAuto News
If automakers don't take control of vehicle software, self-driving cars could be riddled with bugs that leave them vulnerable to hackers, said Ami Dotan, CEO of Karamba Security, an Israeli company specializing in connected-car security.
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Adient exec calls scrapped Detroit headquarters plan a 'mistake' Auto News
Adient's more than $36 million investment to move its headquarters to Detroit was a mistake, a top company official acknowledged on Monday.
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Electrified, yes -- but they still rumbleAuto News
One possible future for vehicle exhaust systems is in the Tenneco trailer outside the Grand Traverse Resort.
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Electrified, yes -- but they still rumbleAuto News
One possible future for vehicle exhaust systems is in the Tenneco trailer outside the Grand Traverse Resort.And of course, it is electrified.
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Was Winterkorn trying to hide his assets?Auto News
Prosecutors are investigating whether former VW CEO Martin Winterkorn moved some of his assets out of Germany following an inquiry into his role in the manipulation of anti-pollution tests.
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Extending tariff aid to auto sector would cost $7.6 billion, study saysAuto News
Automobile, motorcycle and parts manufacturers would be eligible for $7.
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Cities start taxing Ubers -- and that's just the beginningAuto News
Fast-forward to the era of driverless taxis, which promise prices far below current $2-per-mile rate for New York's yellow cabs, and it's a recipe for nonstop gridlock.
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Novelis sticks to light-cars bet as Trump slams mileage ruleAuto News
Novelis is sticking to a bet that automakers will want lightweight aluminum to make cars more efficient, even as the Trump administration pushes to roll back mileage rules.
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Global auto powers plotting response to Trump auto tariff threats, report saysAuto News
Canada, the EU, Japan, Mexico and South Korea will meet in the coming week to discuss how to respond to threats by President Trump to impose tariffs on imports of autos and car parts, Reuters reported.
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ZF first-half profit falls on raw material, currency impactAuto News
ZF said its first-half operating profit margin narrowed due to currency headwinds and higher steel and aluminum prices, as a global trade dispute weighed on earnings.
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2018年7月29日 星期日
Mike Manley's path to the top took smarts, ambition and disciplineAuto News
Mike Manley's history working in dealerships in the U.K. and later with FCA's dealers gives him an advantage as he succeeds Sergio Marchionne as CEO of FCA.
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Buick most at risk for GM if Trump implements vehicle tariffsAuto News
Nine years after surviving General Motors' bankruptcy restructuring to the surprise of many, Buick once again finds itself in a precarious situation.
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The quotable Sergio MarcihonneAuto News
Sergio Marchionne launched juicy quotes with a damn-the-torpedoes gusto rare in the corporate world. Here are some of his most famous broadsides and observations.
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Auto industry races to fund high-tech startupsAuto News
The auto industry is in a race to fund high-tech startups in search of the Next Big Thing.
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Used vehicle sales are making the difference for public dealership groupsAuto News
While new-vehicle sales are flattening and margins are tighter, used-vehicle sales are making up the difference.
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Financial outlook sours for GM, Ford and FCAAuto News
Not since the Great Recession have the Detroit 3 automakers given so bleak a financial outlook as they did last week, though unlike a decade ago, all three remain solidly profitable.
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Suppliers are looking for young workers to grow and replace retireesAuto News
As work increases and unemployment falls, auto suppliers are struggling to find the workers they need.
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U.S.-EU tariff talks avoid 'third rail'Auto News
Trade experts say vested interests on both sides benefit sufficiently from the status quo and aren't ready to give up their protection from foreign competition.
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Sales of certified pre-owned vehicles on the rise in first half of 2018Auto News
Industry sales of certified pre-owned vehicles bounced back in the first half, rising 3.3 percent, after a flat performance in 2017.
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Waymo, Walmart partnership aims to boost acceptance of self-driving carsAuto News
Waymo is expanding its early rider program in Arizona to include self-driving rides for everyday tasks such as grocery shopping and hotel stays, taking the next step in acclimating a wary public to autonomous technology.
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Trump auto plan would increase fuel use by 500,000 barrels a dayAuto News
A proposal to roll back U.S. auto efficiency requirements contends a preferred plan would cut societal costs by $500 billion through 2029, while increasing fuel consumption by 500,000 barrels daily.
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BMW to raise prices of two U.S.-made crossovers in ChinaAuto News
German carmaker BMW said it will raise the prices of two U.S.-made crossovers in China to cope with the additional cost of tariffs on U.S. car imports into the world's biggest auto market.
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2018年7月28日 星期六
Global auto powers plotting response to Trump auto tariff threats, report saysAuto News
Canada, the EU, Japan, Mexico and South Korea will meet in the coming week to discuss how to respond to threats by President Trump to impose tariffs on imports of autos and car parts, Reuters reported.
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Toledo Molding and Die plant closes amid competitive pressure on supply chainAuto News
Sourcing a lower cost Jeep part caused one supplier to close and another to open.
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Can FCA's new leadership live up to Sergio Marchionne's vision?Auto News
Marchionne's unexpected death last week eliminated the chance to choreograph a smooth transition, and CEO Mike Manley's tenure got off to a rocky start as the company lowered its guidance for the year and shares dropped
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Nissan's Juke subcompact dropped from U.S. lineupAuto News
The Nissan Juke was intended to be a "polarizing" product, but it was too much so, and has been dropped from the U.S. lineup.
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Was stock market told in time about Marchionne's healthAuto News
Investors are questioning the disclosures around the sickness and death of longtime FCA CEO Sergio Marchionne in Zurich on July 25, only days after he was replaced following a sudden health decline.
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Was stock market told in time about Marchionne's healthAuto News
Italy's market regulator Consob is carrying out checks on Fiat Chrysler's share price performance and the way the company informed the market about the health crisis of its former CEO Sergio Marchionne, sources told Reuters.
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2018年7月27日 星期五
China, product lineup at top of new FCA CEO Mike Manley's to-do listAuto News
New FCA CEO Mike Manley worked at Sergio Marchionne's side for nine years, so he is no stranger to the daunting set of challenges facing the world's seventh-largest automaker.
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Fiat Chrysler gets R and D help from Uncle SamAuto News
Suppliers can take years to research and develop a new alloy. FCA solved a need by partnering with a U.S. national lab.
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Canadian retailer HGreg.com expands used-vehicle stores in FloridaAuto News
A Canadian auto retailer is growing its network of used-vehicle stores in Florida, and expansion into other states could be on the horizon eventually.
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Penske, Group 1 also feel profit pinch from BMW, HondaAuto News
Following a profit warning by Sonic Automotive Inc., fellow public retailers Penske and Group 1 said this week that they also felt a profit pinch in the second quarter because of incentive changes at BMW and Honda.
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Robot maker Fanuc plans $51 million facility in Mich.Auto News
Fanuc, a major supplier of automotive assembly robots, is planning to invest in a new high-tech robotics operation near its North American headquarters in suburban Detroit.
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Hyundai-Kia gas mileage settlement gets another hearingAuto News
A U.S. appeals court will reconsider its decision to throw out a $210 million nationwide class-action settlement for owners of Hyundai and Kia vehicles whose fuel economy was inflated.
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Seven Vehicles to Remember Marchionne By (7/27/18)
From a Hellcat to a Ram Rebel: Seven vehicles to remember Marchionne by; Ford seeks profit in Europe...
from TumblrCynthia Lin
from TumblrCynthia Lin
Sergio Marchionne's heart belonged to Canada, especially WindsorAuto News
The investment in FCA's minivan plant sparked an economic revival in Windsor, Ont. Sergio Marchionne being Canadian isn't a coincidence.
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Visteon's profits drop while new business soarsAuto News
Visteon took a hit from falling North American production, but it logged two big new contracts in the second quarter.
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Sonic Automotive's record Q2 revenue, gross profit come with caveatAuto News
Margin pressures at BMW and Honda stores contributed to lower-than-expected second-quarter results at Sonic Automotive, though the retailer set quarterly revenue and gross-profit records.
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Ford stokes up 2019 F-150 Limited with Raptor firepowerAuto News
The most expensive version of the F-150 pickup is adding a Raptor roar.
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Visteon takes a hit in Q2 but logs new businessAuto News
Visteon took a hit from falling North American production, but it logged two big new contracts in the second quarter.
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VW recalls 57,000 vehicles in U.S. and Canada for rollaway riskAuto News
More than 57,000 Volkswagens in the U.S. and Canada are being recalled due to issues with the switch used to prevent a key from being removed while the vehicle is not in park.
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VW recalls 50,000 vehicles in U.S. for rollaway riskAuto News
More than 50,000 Volkswagens in the U.S. and Canada are being recalled due to issues with the switch used to prevent a key from being removed while the vehicle is not in park.
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General Motors' acccounting chief leaves for GEAuto News
Thomas Timko, GM's chief accounting officer since 2013, plans to leave the company to take the same role with General Electric.
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Autoliv Q2 profit rises 4% despite raw material, pricing headwindsAuto News
Autoliv's second-quarter profit rose 4 percent to $229 million, although headwinds from raw material pricing and currency movements eroded strong sales growth.
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Why Ford is moving toward crossovers in EuropeAuto News
Ford is redirecting spending in Europe away from cars to focus on more profitable crossovers and commercial vans to return the region to profit.
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U.S. touts EU trade truce, NAFTA progress; focus turns to ChinaAuto News
The U.S. signaled it is set to push ahead on trade talks with Canada and Mexico after agreeing to suspend hostilities over tariffs with Europe. The focus now turns to China.
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How did Sergio keep his illness a secret for a year?Auto News
The revelation that the late Sergio Marchionne was seriously ill for more than a year raised the obvious question: How could a chainsmoking workaholic disguise it from senior colleagues?
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Why Hyundai's union is starting to softenAuto News
After just two days on strike, Hyundai's powerful union agreed to a deal before the summer holidays, the first time in eight years that has happened. Is the union softening its stance?
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2018年7月26日 星期四
Lear piles up $331 million profit in Q2Auto News
Lear posted a 6 percent increase in profit for the second quarter due to the addition of new business in both of its product segments and the addition of Grupo Antolin's seating business last year.
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Lear piles up $331 million profit in Q2Auto News
The auto seating and electronics supplier, of Southfield, Mich., reported revenue of $5.58 billion, up from $5.12 billion in the same quarter last year.
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BorgWarner Q2 net income surges 28%Auto News
BorgWarner's increase in net income came despite customer downtime related to a supplier fire that interrupted production of the Ford F-150 and Ford Super Duty pickups in May, said outgoing CEO James Verrier
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Marchionne Sick for a Year, Hospital Reveals (7/26/18)
Marchionne sick for a year, hospital reveals; UAW says allegations against ex-leader...
from TumblrCynthia Lin
from TumblrCynthia Lin
Ally's used originations, non-GM and Chrysler business grow in Q2Auto News
Ally Financial's auto originations rose 12 percent in the second quarter, largely driven by gains in the used-vehicle market. At the same time, the lender's share of non-General Motors and Chrysler originations reached a record high.
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Why Fritz Henderson is unhappy with Adient's resultsAuto News
Seat supplier Adient is climbing back from some well-publicized production glitches and quality problems earlier this year, but the recovery is not going fast enough, said interim CEO Fritz Henderson.
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NAFTA talks could conclude in August, U.S. saysAuto News
U.S. Trade Representative Robert Lighthizer said it's possible NAFTA partners will reach a tentative agreement next month to revamp the 24-year-old pact.
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How Penske Automotive piled up record results in Q2Auto News
Penske Automotive Group's second-quarter earnings jumped to a record, driven by same-store profit gains in new vehicles, used vehicles and finance and insurance, plus a bump from foreign exchange.
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Penske Q2 net income rises 27 percentAuto News
Penske Automotive Group Inc.'s second-quarter earnings jumped to a record, driven by same-store profit gains in new vehicles, used vehicles and finance and insurance, plus a bump from foreign exchange.
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Veteran auto journalist, reviewer Warren Brown diesAuto News
Warren Brown, who wrote an influential automotive column for The Washington Post, died Thursday at a hospital in Haymarket, Va., from kidney failure, according to friends. He was 70.
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Veteran auto journalist, reviewer Warren Brown diesAuto News
WASHINGTON -- Warren Brown, who wrote an influential automotive column for The Washington Post for many years, died Thursday at a hospital in Haymarket, Va., from kidney failure, according to friends.
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Group 1 lifts profits, revenue on used vehicles, U.K. businessAuto News
Group 1 Automotive's gross profit and revenue climbed in the second quarter, driven primarily by improvements in the used-vehicle business. Operations in the U.K. also helped.
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Group 1 lifts profits, revenue on used vehicles, U.K. businessAuto News
Group 1 Automotive's gross profit and revenue climbed in the second quarter, driven primarily by improvements in the used-vehicle business. Operations in the U.K. also helped.
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Marchionne knew of 'serious illness' for a year, according to hospital and father of late partnerAuto News
In an interview with Italian newspaper Corriere della Sera, the father of Marchionne's partner says the CEO knew his health was declining a year ago.
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Hyundai warns of more pain from tariffs after profit drops Auto News
Hyundai joined a growing list of carmakers warning of more troubles ahead from a prolonged trade dispute after reporting quarterly earnings that missed analysts' estimates.
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Former UAW top aide alleges ex-UAW president Dennis Williams directed officials to misappropriate funds, report saysAuto News
Federal investigators have reportedly connected recently retired UAW President Dennis Williams to a corruption probe in the widening union-FCA scandal.
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Daimler to split business into cars, trucks, mobility unitsAuto News
Daimler unveiled a new corporate structure on Thursday designed to give its trucks, mobility services and Mercedes-Benz car division greater scope to chase growth in an era when carmakers prepare to launch fleets of autonomous cars.
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Carpocalypse descends on Detroit after nightmare day of earningsAuto News
GM and FCA reported weak earnings, with both reining in profit forecasts for the year. That sparked sharp sell-offs of their stocks. Then it really got ugly when Ford posted its results.
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Daimler braces for European emissions-test impact as Q2 profit falls 30%Auto News
Daimler blamed U.S.-China tariffs for a 30 percent drop in second-quarter profit and predicted a further decline as new emissions test standards in Europe hit vehicle sales.
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Auto tariffs are not completely off table yet, German industry warnsAuto News
A German industry group said skepticism remains after President Trump agreed to refrain from imposing car tariffs while the U.S. and EU negotiate to cut trade barriers.
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Why Nissan's profits are slippingAuto News
Nissan reported a 29 percent decline in operating profit in the most recent quarter as foreign exchange rate losses and rising commodity costs combine with falling sales in the United States and Europe.
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2018年7月25日 星期三
Trump eases car tariff threat as U.S., EU launch talks to quell trade tensionsAuto News
President Trump agreed to refrain from imposing car tariffs while the U.S. and European Union launch negotiations to cut other trade barriers, easing the threat of a transatlantic trade war.
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Mercedes-Benz adds new entry point to U.S. lineup with A-class sedanAuto News
The compact A-class sedan, targeted at millennial buyers, will nudge out the CLA as Mercedes' entry-level product in the U.S. The A class is expected to be priced in the low $30,000s.
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Tesla whistleblower says SEC reached out to himAuto News
The SEC has reached out to a former Tesla employee who filed a whistleblower claim with the regulator and accused the carmaker of making misstatements and omissions to investors.
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Trump, EU official agree to 'resolve' metal tariffs; new car tariffs put on hold for nowAuto News
President Donald Trump said the U.S. and the European Union would "resolve" both the hefty tariffs the U.S. had placed on imports of steel and aluminum from the EU and the tariffs Europe had slapped on U.S. goods in response.
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Ford lowers 2018 profit forecast as Q2 net falls 48%Auto News
Ford lowered its full-year earnings forecast due to challenges overseas and said CEO Jim Hackett's global restructuring efforts could result in charges totaling $11 billion over the next three to five years.
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Sergio Stories: Tributes, Tweets and One Special Memory (7/25/18)
Sergio stories: ‘Heartbreaking’ day for FCA; Analyst: 'A light has gone out’; Wit,...
from TumblrCynthia Lin
from TumblrCynthia Lin
Cadillac vehicle subscription head leaving companyAuto News
Lee, an Automotive News Rising Star in 2014, announced her mid-August departure on LinkedIn, saying she doesn't "know what's next" but she's "excited for it."
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Why Dana's profits surged in Q2Auto News
Dana profits are swelling as new contracts kick in.
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Lithia posts Q2 gains; shares still slideAuto News
Lithia's profits and revenue are up as the company continues to grow through acquisitions.
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Lithia Q2 profits, revenue swell as acquisitions buildAuto News
Lithia's profits and revenue are up as the company continues to grow through acquisitions.
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Why there's more optimism from Canada and Mexico for a NAFTA deal this yearAuto News
Mexican and Canadian officials are optimistic they can reach a NAFTA trade deal with the U.S. in the next several months, even amid sticking points on car production.
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Trump, EU's Juncker voice desire to reduce tariffs, trade tensionsAuto News
President Donald Trump said on Wednesday he hopes to work out a fair and reciprocal trade deal between the United States and Europe as he welcomed the head of the European Commission to the White House for talks.
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Trump says he hopes to strike trade deal with EuropeAuto News
President Donald Trump said on Wednesday he hopes to work out a fair and reciprocal trade deal between the United States and Europe as he welcomed the head of the European Commission to the White House for talks.
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Audi adds connectivity features to bigger, 2nd-gen Q3Auto News
Audi has made the second-generation Q3 crossover bigger and added more tech and connectivity equipment.The latest Q3 switches to parent Volkswagen Group's flexible MQB architecture from an older platform.
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Daimler and China's Baidu deepen automated driving allianceAuto News
Daimler said it will deepen a partnership with China's Baidu on automated driving and vehicle connectivity services.
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Porsche gives updated Macan improved handlingAuto News
Porsche has updated its Macan crossover with a fresher design, improved handling, as well as more comfort and connectivity features.
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Audi adds connectivity features to bigger Q3Auto News
Audi has made its Q3 bigger and added more tech and connectivity equipment for the compact SUV's second-generation.
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Fiat Chrysler's 'Iceman' CEO faces many minefieldsAuto News
Fiat Chrysler's new CEO, Mike Manley, gained his first auto industry experience in UK dealerships. Now he runs the world's seventh-biggest car company.
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FCA cuts financial targets; Manley to follow 5-year planAuto News
Fiat Chrysler cut its financial targets after disappointing sales in China took a toll on second-quarter results, marking a rocky beginning to the tenure of new CEO Mike Manley.
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FCA CEO Manley holds moment of silence for Sergio MarchionneAuto News
Mike Manley, in his first public statement as Fiat Chrysler's CEO, opened the automaker's second-quarter conference call with a tribute to predecessor Sergio Marchionne:
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Manley, in first words as CEO, pays tributeAuto News
Mike Manley, in his first public statement as Fiat Chrysler's CEO, opened the automaker's second-quarter conference call with a tribute to predecessor Sergio Marchionne: "I'm going to begin today by talking about...
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Fiat Chrysler expected to move ahead with captive plan under new CEOAuto News
The sudden change in management atop Fiat Chrysler Automobiles, prompted by the recent illness and
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Walmart shoppers will soon test Waymo self-driving shuttles in ArizonaAuto News
Waymo said it will begin trials with Walmart and DDR to shuttle passengers in self-driving minivans to their retail stores.
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FCA cuts financial targets; Manley says he will follow 5-year planAuto News
Fiat Chrysler cut its financial targets after disappointing sales in China took a toll on second-quarter results, marking a rocky beginning to the tenure of new CEO Mike Manley.
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The auto industry remembers Sergio MarchionneAuto News
Leaders from the auto industry mourned the loss of former Fiat Chrysler CEO Sergio Marchionne.
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Sergio Marchionne's health crisis forced sudden succession scramble last weekAuto News
The health crisis that left Sergio Marchionne incapacitated in a Swiss hospital set off a transition at Fiat Chrysler last week that was sudden and rushed, banking and industry sources told Reuters. Marchionne died on Wednesday.
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EU prepares retaliatory tariffs on $20 billion in U.S. goodsAuto News
"We hope that it doesn't come to that and that we can find a solution. If not, the EU Commission is preparing a rather long list of many American goods," said EU Trade Commissioner Cecilia Malmstrom.
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Fiat Chrysler cuts financial targets as Q2 China sales flopAuto News
Fiat Chrysler cut its financial targets after disappointing sales in China took a toll on second-quarter results, marking a rocky beginning to the tenure of new CEO Mike Manley.
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Genesis beats out Porsche in 2018 J.D. Power APEAL StudyAuto News
Genesis, for the first time, topped J.D. Power's annual study of new-vehicle appeal, nudging past Porsche, while Mitsubishi, Dodge, Jeep, GMC and Toyota posted the biggest improvements. Chevrolet was the top-ranked nonluxury brand.
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GM outlook darkens as profits fall on steel costsAuto News
General Motors lowered its earnings forecast for the year following a second-quarter profit decline due indirectly to the Trump administration's tariffs on steel and aluminum.
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GM outlook darkens as profits fall on steel costsAuto News
DETROIT -- General Motors lowered its earnings forecast for the year following a second-quarter profit decline due indirectly to the Trump administration's tariffs on steel and aluminum.
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EU prepares retaliatory tariffs on $20 billion in U.S. goodsAuto News
"We hope that it doesn't come to that and that we can find a solution. If not, the EU Commission is preparing a rather long list of many American goods," said EU Trade Commissioner Cecilia Malmstrom.
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What is the most 'American' car?Auto News
In the annual Kogod Made in America Auto Index, General Motors led the pack with the Chevrolet Corvette, which acquired a top score of 83.5 points, followed by the Chevrolet Volt, with 83 points.
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Chevrolet Corvette, Volt nab top slots for American contentAuto News
In the annual Kogod Made in America Auto Index, General Motors led the pack with the Chevrolet Corvette, which acquired a top score of 83.5 points, followed by the Chevrolet Volt, with 83 points.
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Japan aluminum industry worried about U.S. auto import tariffsAuto News
Japan's aluminum industry is more concerned over possible U.S. import tariffs on automobiles that could impact a wider range of the country's industries than the U.S. duties already imposed on the light metal, the head of a trade association said
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Sergio Marchionne, turnaround virtuoso who built Fiat Chrysler Automobiles, dies at 66Auto News
Sergio Marchionne, the man in black and self-proclaimed fixer who plucked Chrysler from the ashes of bankruptcy in 2009 and hitched it to Fiat to create a money-making global automaker, has died, according to a statement from Fiat Chrysler Chairman...
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2018年7月24日 星期二
U.S. auto tariffs could create hurdle for subprime shoppersAuto News
If President Trump decides to impose a 25 percent tariff on imported vehicles, cost-sensitive subprime borrowers are the most likely to get squeezed out of the new-car market, spelling trouble for the likes of the Nissan Sentra, Kia Forte and...
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Mazda's summer commercial joins our viral listAuto News
Mazda's ode to summer adventure enters our viral video list at No. 3 this week.
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EPA seeks '50-state' fix for fuel economy goalsAuto News
EPA acting administrator Andrew Wheeler said the agency wants a "50-state solution" to the nation's light-vehicle emissions standards and would also pursue reforms to the country's biofuel policy.
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Autoliv to modernize North American headquarters with $32 million investmentAuto News
Swedish automotive safety systems supplier Autoliv is proposing a $32 million expansion of its North American headquarters north of Detroit.
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Marchionne Suffered Embolism in Cancer Surgery – Report (7/24/18)
Marchionne suffered embolism in cancer surgery - report; Ford forms self-driving unit; GM launches...
from TumblrCynthia Lin
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Did Lyft lift a professor's technology?Auto News
A retired Georgia Institute of Technology engineering professor sued Lyft, claiming it infringed his patent for technology underlying the core of its business model.
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Sergio Marchionne suffered embolism during cancer surgery, Italian report saysAuto News
Former FCA CEO Sergio Marchionne suffered an embolism while undergoing an operation for an invasive shoulder sarcoma and has irreversible damage to his brain function, an Italian business website reported Tuesday.
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Marchionne suffered embolism during cancer surgery, Italian report saysAuto News
Former Fiat Chrysler Automobiles CEO Sergio Marchionne suffered an embolism while undergoing an operation for an invasive shoulder sarcoma and has irreversible damage to his brain function, and he had failed to tell Exor Chairman John...
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Volvo Cars IPO draws lower valuations in initial feedback, report saysAuto News
Initial investor feedback has valued Volvo Cars far below owner Zhejiang Geely Holding Group's top-end estimates for a potential listing, people familiar with the matter told Bloomberg.
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Is Ferrari working on a hybrid, 4-cylinder engine? Auto News
A new hybrid Ferrari engine could be in the works if a new patent uncovered by Autoguide makes it to production.
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A glimpse of the next-gen Audi Q3 Auto News
Compact crossovers and SUVs are all the rage, especially among luxury brands, and the second-generation Audi Q3 is on the doorstep.
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Ford forms commits $4 billion to autonomous vehicles, forms new subsidiaryAuto News
Ford said its investments in autonomous-vehicle development are expected to total $4 billion through 2023 and that it has formed a subsidiary devoted to those efforts called Ford Autonomous Vehicles LLC.
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Facing Trump's threat of auto tariffs, Canada's response isn't so clearAuto News
Canada fired back at Donald Trump's metals tariffs with dollar-for-dollar retaliation. For autos, it may not be so simple.
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Ford GT output lags; Multimatic vows to fill all ordersAuto News
Canadian supplier Multimatic produced just 138 Ford GT supercars for the 2017 model year, well short of a goal of 250. Ford cited inexperience and minor supplier problems.
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Fiat Chrysler, under Manley, should recharge electronics engineering chopsAuto News
Electronics are driving the evolution of light vehicles today, and new CEO Mike Manley should make FCA's North American electrical engineering operations the envy of the industry.
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Why Asbury Automotive posted strong Q2 gainsAuto News
Asbury increased revenue and net income in the second quarter despite continued margin pressure. Gains in its used-vehicle, finance and insurance, and parts and service businesses drove the boost.
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General Motors launches Maven peer-to-peer car sharing programAuto News
The "Peer Cars" beta program allows owners and eligible lessees to rent their 2015 and newer Chevrolet, Buick, GMC or Cadillac cars and trucks to Maven users for cash.
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Asbury boosts net, revenue in Q2Auto News
Asbury increased revenue and net income in the second quarter despite continued margin pressure. Gains in its used-vehicle, finance and insurance, and parts and service businesses drove the boost.
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Tariffs promise to take big bite out of automakers' U.S. tax savingsAuto News
Steel and aluminum tariffs could eat up anywhere from about a third to well more than half of tax-cut benefits in 2018, a Bloomberg analysis shows.
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PSA posts profit gain as Opel turnaround takes root Auto News
PSA turned its recently acquired Opel/Vauxhall business sharply back into the black while achieving record first-half profitability at its French car brands.
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Mitsubishi operating profit soars 36% on sales surge, cost cutsAuto News
Mitsubishi reported a 36 percent jump in operating profit in the latest quarter as the automaker's rebound gathers speed on rising sales in every key market.
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VW prepares to make BMW's Markus Duesmann new Audi CEO, sources sayAuto News
Duesmann will become Audi CEO on Jan. 1, according to sources at Automobilwoche, a sibling publication of Automotive News.
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VW Group lines up BMW's Markus Duesmann to head AudiAuto News
Duesmann, an engine development expert, is the second high-profile defection from BMW to VW Group following the departure of Herbert Diess in 2015 to become head of the VW brand.
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VW Group lines up BMW manager Markus Duesmann to head AudiAuto News
Volkswagen Group is lining up BMW purchasing director Markus Duesmann to head its Audi premium brand.
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2018年7月23日 星期一
Lexus reclaims No. 1 spot in NADA Dealer Attitude SurveyAuto News
After ceding the No. 1 spot to sibling brand Toyota for a year, Lexus is back on top of the NADA Dealer Attitude Survey.
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Third arrest made in ID fraud scheme affecting 6 N.Y. dealershipsAuto News
A third arrest was made last week in Mount Kisco, N.Y., in connection to a rash of thefts of high-end vehicles from New York dealerships from October 2017 to February 2018.
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Magna-BAIC deal raises prospects of contract auto assembly in China, report saysAuto News
Magna aims to spearhead a shift to contract vehicle manufacturing through its new partnership with state-owned Chinese carmaker BAIC Group, several sources told Reuters.
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The Dealer Guy at Top of FCA: A Look at Mike Manley (7/23/18)
FCA’s Mike Manley up close: A big to-do list, belief in Jeep, touch of humor; U.S. targeting...
from TumblrCynthia Lin
from TumblrCynthia Lin
Ford design director Christopher Svensson dies Auto News
Christopher Svensson, a recently retired Ford design director who oversaw the development of the GT supercar, died Saturday following a battle with cancer, the automaker confirmed. He was 53.
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Former UAW aide strikes plea deal in UAW-Fiat Chrysler investigationAuto News
Nancy Adams Johnson, a former top aide to ex-UAW Vice President Norwood Jewell, entered a plea deal in federal court in Detroit for her involvement in a scheme to misappropriate funds to top UAW officials.
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Questions surround future of FCA marketing chief without MarchionneAuto News
Fiat Chrysler marketing chief Olivier Francois, following years of success under Sergio Marchionne, faces a pivotal time in his future at the automaker with Mike
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Questions surround future of FCA marketing chief without MarchionneAuto News
Olivier Francois sits shotgun in a Jeep Compass parked in a sun-splashed lot fronting a music studio near West Hollywood, Calif.
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Questions surround future of Fiat Chrysler's marketing chief without MarchionneAuto News
Olivier Francois sits shotgun in a Jeep Compass parked in a sun-splashed lot fronting a music studio near West Hollywood, Calif.
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Restyled 2019 Honda Insight's looks touted in new ad campaignAuto News
"Fight Mehdiocrity" touts the Insight as a good-looking alternative to other hybrids.
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Trump to seek repeal of California's smog-fighting powerAuto News
The Trump administration will seek to revoke California's authority to regulate automobile emissions -- including its mandate for electric car sales -- in a proposed revision of Obama-era standards, according to three people familiar with the plan...
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Two of Toyota's funkiest concepts to become reality at 2020 OlympicsAuto News
Toyota said the Concept-i will be part of an Olympics demonstration. The e-Palette will be on call to shuttle athletes and officials.
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FCA's head of European business said to step downAuto News
Alfredo Altavilla, along with Jeep head Mike Manley and Fiat Chrysler CFO Richard Palmer, was among the top candidates to succeed CEO Sergio Marchionne.
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FCA's head of European business said to step downAuto News
Alfredo Altavilla was among the top candidates to succeed CEO Sergio Marchionne.
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Tesla asks suppliers for refunds to help profit, Wall Street Journal report saysAuto News
Tesla, whose eroding cash position has alarmed investors, requested a "meaningful" amount of payments made since 2016 to be returned, according to a memo obtained by the Wall Street Journal.
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Marchionne's successor has just days to get ready for investor scrutinyAuto News
Mike Manley has just days to prepare for Fiat Chrysler's quarterly results presentation, an event investors will use to size up the company's new CEO and assess his plan to fill the shoes of Sergio Marchionne.
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2018年7月22日 星期日
Detroit auto show move to June brings outdoor activitiesAuto News
The Detroit auto show is undergoing a drastic reorganization in 2020, when it will move from the dead of winter to early June to better appeal to car shoppers #8212; and the growing list of automakers that have dropped out in recent years #8212;...
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Midengine Chevy Corvette aimed at halting skidding salesAuto News
After decades of playing with the idea of a midengine supercar, the automaker is expected to introduce the eighth-generation Corvette within the next year.
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Sales of the Avenir crossover are high. Buick wants to build moreAuto News
One of every four Enclaves sold is an Avenir, and after a March investment that boosted Avenir production, GM is studying additional ways to get even more inventory to help meet demand for the $54,495-and-up crossover.
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AutoNation CEO, Click and Clack, former Toyota president and Magna International founder inducted into Automotive Hall of FameAuto News
AutoNation CEO Mike Jackson, NPR Car Talk co-hosts the Magliozzi brothers, Magna founder Frank Stronach and former Toyota Motor Corp. President Kiichiro Toyoda were inducted into the 2018 Automotive Hall of Fame.
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Sonic Automotive warns on second-quarter earningsAuto News
Shrinking margins at BMW and Honda stores will hurt Sonic -- and could be felt by its dealership rivals.
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Subscription service providerAuto News
Subscription service provider Flexdrive uses telematics devices installed on vehicles to trim the cost of depreciation and insurance for its dealership partners.
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U.S.-built Ariel Atom will shine at Britain's Goodwood Festival of SpeedAuto News
British makers of esoteric, scare-you-silly road cars rarely prosper but Ariel is bucking the trend. For one, it has hit upon an excellent way to service the U.S. -- have the cars built locally under license.
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Auto industry warns government that tariffs will stifle innovationAuto News
If the point of the Trump import tariffs is to make America the global hot spot for auto innovation, industry leaders say the administration is going about it in a strange way.
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Actor Mark Wahlberg adds Ohio auto dealership to business portfolioAuto News
Actor Mark Wahlberg just bought into a Chevy dealership in Ohio #8212; and he wants to add more stores to his portfolio.
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Toyota offers its first car-share program in HawaiiAuto News
Toyota's first homegrown car-share program, launched this month in Hawaii, could be a model for dealerships around the globe to tap into demand for part-time vehicle use.
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U.S. could refuse EU trade offerAuto News
Anxious to avoid an all-out automotive trade war with the U.S., European Union officials and German automakers are ready to deal. And they have a straightforward proposal, too: Drop vehicle tariffs on both sides of the Atlantic.
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Automakers are turning to third parties to set up EV charging networksAuto News
The rest of the auto industry is steering clear of Tesla's capital- and time-intensive strategy of creating a charging infastructure.
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KittyHawk CEO Sebastian Thrun foresees auto industry future with autonomous vehiclesAuto News
Kitty Hawk CEO Sebastian Thrun says auto industry must prepare for big changes with development of autonomous vehicles.
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Fla. Audi dealership builds trust with tablet-based salesAuto News
Though it just opened in November, Audi Wesley Chapel in suburban Tampa, Fla., is already overperforming using a tablet-based, nonconfrontational sales process.
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ZF Friedrich-shafen CEO Rolf-Henning Scheider ready to make some changesAuto News
Six months into the job, ZF CEO Wolf-Henning Scheider is talking about bringing transformation and innovation to the German parts giant.
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Autoliv CEO Jan Carlson takes charge of spinoff VeoneerAuto News
Autoliv CEO Jan Carlson this year spun off the company's software and sensor business as Veoneer. Now he is CEO of the new company.
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Marchionne's condition may be 'irreversible,' report saysAuto News
The health crisis suffered by former Fiat Chrysler CEO Sergio Marchionne may be "irreversible" after he was admitted to the intensive care unit of a Swiss hospital, according to a report by the Italian newspaper La Stampa.
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Sergio Marchionne's flair for theatrics made him an exciting CEO to coverAuto News
Sergio Marchionne was the most remarkable fellow to ever run a global car company and, as far as I'm concerned, the one who did the most with the least.
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Fiat Chrysler's new CEO shows company's future is all about JeepAuto News
Fiat Chrysler's choice of Jeep boss Mile Manley as Sergio Marchionne's successor shows that the automaker's future success depends on its iconic offroad brand.
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Illness ends career of Sergio Marchionne, the CEO who liked to fix thingsAuto News
Sergio Marchionne bowed out on Saturday as one of the auto industry's most demanding and tenacious chief executives, his health in crisis after a career in which he rescued Fiat and Chrysler.
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2018年7月21日 星期六
An Historic Day at FCA: Manley Replaces Ailing Marchionne (7/21/18)
An historic day at FCA: Manley replaces ailing Marchionne; ‘Profoundly saddened’ by...
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What dealers, union leaders are saying about new FCA CEO Mike ManleyAuto News
Dealers and union leaders viewed FCA's choice of Mike Manley to succeed Sergio Marchionne -- even under the circumstances -- in positive terms.
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Five top priorities for new Fiat Chrysler CEO Mike ManleyAuto News
New Fiat Chrysler Automobiles CEO Mike Manley inherits a much cleaner company than did his predecessor, Sergio Marchionne, but it's far from spotless.
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Fiat Chrysler paints grim picture of Sergio Marchionne's healthAuto News
Comments by the company and its chairman suggest that the 66-year-old has become gravely ill weeks after undergoing shoulder surgery.
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Ferrari names Louis Carey Camilleri as new CEOAuto News
Ferrari's new CEO will be Louis Carey Camilleri, a former chairman of tobacco company Philip Morris International, the automaker said. He succeeds seriously ill Sergio Marchionne.
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Fiat Chrysler Chairman John Elkann releases statement on the health of longtime CEO Sergio MarchionneAuto News
Fiat Chairman John Elkann released this statement on Saturday regarding the health of Fiat Chrysler's longtime chief, Sergio Marchionne.
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New FCA CEO Mike Manley is a 'solid dealer guy'Auto News
Mike Manley, the second CEO of Fiat Chrysler Automobiles, has received intensive on-the-job training at Sergio Marchionne's side for nine years and has years of practice running operations around the globe.
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FCA's new CEO a 'solid dealer guy'Auto News
Mike Manley, the second CEO of Fiat Chrysler Automobiles, has received intensive on-the-job training at Sergio Marchionne's side for nine years and has years of practice running operations around the globe.
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FCA's new CEO a 'solid dealer guy'Auto News
Mike Manley, the second CEO of Fiat Chrysler Automobiles, has received intensive on-the-job training at Sergio Marchionne's side for nine years and has years of practice running operations around the globe.
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Mike Manley, head of Jeep and Ram, replaces ailing Marchionne as FCA CEOAuto News
Fiat Chrysler Automobiles on Saturday appointed Mike Manley to replace the seriously ill Sergio Marchionne as its CEO, a person with direct knowledge of the situation told Automotive News Europe.
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Mike Manley, head of Jeep and Ram, replaces ailing Marchionne as FCA CEOAuto News
Fiat Chrysler Automobiles on Saturday appointed Mike Manley to replace the seriously ill Sergio Marchionne as its CEO, a person with direct knowledge of the situation told Automotive News Europe.
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TIMELINE: Sergio Marchionne's transformative Fiat Chrysler tenureAuto News
Over 14 years at the helm of what's now FCA, CEO Sergio Marchionne transformed a middling European carmaker into a global giant. Here is a timeline of some key moments during his tenure.
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Ferrari, Fiat Chrysler prepare for future without MarchionneAuto News
Fiat Chrysler CEO Sergio Marchionne, out on medical leave for the past several weeks, won't return to his CEO roles at the Italian-American automaker or at race car manufacturer Ferrari NV, people familiar with the matter said.
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Autonomous vehicles face challenges from wireless device interferenceAuto News
Companies developing autonomous and connected-vehicle technology face an old problem for electronics: interference from other wireless devices.
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Looking back on Honda's brush with the UAWAuto News
The union's quest to organize Marysville would come up short against the patience of Honda executive Shige Yoshida, who effectively gauged the will of his workers and brushed off pressure from Japan brass to recognize the union.
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Collectors expert McKeel Hagerty says it's a 'golden age of muscle'Auto News
You don't have to go into too many old barns to find the collector cars of tomorrow, says one of the collectible trade's leading authorities, Hagerty CEO McKeel Hagerty. Here are some new vehicles he thinks could become collectibles.
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2018年7月20日 星期五
Ferrari board to name Marchionne succssors SaturdayAuto News
The board of Ferrari NV is set to meet Saturday to appoint successors to Sergio Marchionne, who serves as chairman and CEO of the Italian sports car maker, a person familiar with the situation told Automotive News Europe.
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Massive data breach hits several automakers, report saysAuto News
Nearly 47,000 files of factory records from at least six automakers were found in a data leak this month that exposed several of the companies' trade secrets, The New York Times reported.
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Tariffs, Retaliation ... and Canadian Cupholders (7/20/18)
Talking tariffs, retaliation … and Canadian cupholders; Ford’s China quandary; FCA lays...
from TumblrCynthia Lin
from TumblrCynthia Lin
VW Canada building national EV charging network for all to useAuto News
Volkswagen Group Canada has formed Electrify Canada, a company that will build an ultra-fast EV charging network across Canada. Stations are to be operational in the second quarter of 2019.
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Toyota may halt U.S. imports of some models on Trump's tariffsAuto News
Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks will get more expensive.
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Trump tariffs likely to ding Detroit 3 earnings statementsAuto News
When Detroit's automakers report earnings on Wednesday, they are likely to highlight escalating tariffs and use the opportunity to warn investors of far greater pain ahead should President Trump impose broader tariffs on vehicles and parts.
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Trump tariffs prompt Gentex to consider optionsAuto News
Supplier Gentex is exploring how to avoid proposed U.S. tariffs on imported auto parts if they are enacted, plus likely retaliation on U.S. exports by other countries, especially China.
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Trump tariffs prompt Gentex to consider optionsAuto News
Supplier Gentex is exploring how to avoid proposed U.S. tariffs on imported auto parts if they are enacted, plus likely retaliation on U.S. exports by other countries, especially China.
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Gentex boosts Q2 net income 23%Auto News
Mirror supplier Gentex reported a healthy gain in net income for the second quarter, but trimmed its full-year 2018 revenue guidance slightly.
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Mileage Rollback Plan Near Release (7/20/18)
EPA, NHTSA to release mileage rollback plan soon; Financial bureau nominee grilled; Actor Wahlberg...
from TumblrCynthia Lin
from TumblrCynthia Lin
Kia, SiriusXM to continue partnership for another five years, companies sayAuto News
Drivers of Kia Motors America vehicles will continue to get a three-month SiriusXM All Access subscription upon purchase for another five years.
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Kia, SiriusXM to continue partnership for another five years, companies sayAuto News
Drivers of Kia Motors America vehicles will continue to get a three-month SiriusXM All Access subscription upon purchase for another five years.
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Auto mileage rollback plan nearly ready, report saysAuto News
The Trump administration is readying proposals to weaken Obama administration automotive fuel economy standards for release as early as next week, a person familiar with the matter told Bloomberg.
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Trump's CFPB pick grilled at confirmation hearing Auto News
Meet Kathy Kraninger, President Donald Trump's pick to run a financial regulator that has drawn frequent attacks from members of his administration and Republican lawmakers.
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Faurecia raises outlook after first-half profit rises 10%Auto News
Faurecia raised its 2018 outlook after reporting that first half profit rose 10.2 percent to to 342 million euros, while sales climbed 5.2 percent.
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VW boss Diess wants fatter profit margins -- and fasterAuto News
VW Group CEO Herbert Diess is pushing for faster margin improvements at the company's Porsche, Audi and VW brands, a German media report said.
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BMW, VW win Beijing's OK to gain control of China JVsAuto News
Chinese Premier Li Keqiang's government allowed BMW and VW to gain control over local ventures ahead of their foreign rivals, giving the German automakers a boost in the world's largest vehicle market.
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EU, Canada, automakers blast Trump auto tariff planAuto News
The Trump administration came under criticism from the EU, Canada and automakers as officials consider imposing tariffs of up to 25 percent on imported cars and parts.
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2018年7月19日 星期四
Auto industry tells Commerce Dept. to ditch tariff proposalAuto News
A wide spectrum of auto interests, armed with the latest impact studies, warned at a Commerce Department hearing Thursday that raising auto tariffs would severely harm the industry and consumers.
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Making a Case Against Higher Tariffs (7/19/18)
Groups make case against higher tariffs, A hint from Wilbur Ross, Workers and lawmakers rally; Japan...
from TumblrCynthia Lin
from TumblrCynthia Lin
Why a Japan conglomerate is spending $1.1 billion to buy a Tier 2 interiors supplierAuto News
Asahi Kasei, as part of a long-term strategy to triple its automotive business, said it plans to acquire U.S. interiors supplier Sage Automotive Interiors in a deal valued at $1.1 billion.
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Iron Man edition unveiled for Hyundai KonaAuto News
Hyundai is extending its Marvel collaboration with a special Iron Man edition of the Kona subcompact crossover. The version is scheduled to be unveiled Thursday at Comic-Con in San Diego.
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Fiat Chrysler prepares for Magneti Marelli spinoffAuto News
Fiat Chrysler has kicked off its planned spinoff of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, Reuters reported.
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Tesla's battery maker suspends cobalt supplier amid sanctions concernAuto News
Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions.
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U.S. tariffs may raise cost of insurance, parts; car thefts could riseAuto News
A threat by the government to impose tariffs of up to 25 percent on imported auto parts could hit American consumers in unexpected ways: higher repair and insurance costs along with the theft of more cars for their parts, the industry said.
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Actor Mark Wahlberg buys Chevy dealership in OhioAuto News
Hollywood star Mark Wahlberg, known for both hit movies and his entrepreneurial efforts in the restaurant and nutrition supplements industries, is getting into the car business.
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Ross says it's 'too early' to say if U.S. will impose auto tariffsAuto News
Commerce Secretary Wilbur Ross said it was "too early" to say if the United States would impose tariffs of up to 25 percent on imported cars and parts.
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Asahi Kasei to buy interiors supplier Sage for $1.1 billionAuto News
Japan's Asahi Kasei said it would buy U.S. automotive interior supplier Sage Automotive for $1.06 billion, including debt.
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Audi CEO Stadler appeals for release from German custodyAuto News
Audi's suspended CEO Rupert Stadler has appealed to a court to be released from custody after spending the past month in jail.
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Vietnam's Vinfast will unveil Italian-designed SUV and sedanAuto News
Vietnamese automaker Vinfast will use the Paris auto show to raise its global profile by unveiling two production-ready models, designed by Italy's Pininfarina.
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2018 Volvo XC60 output for U.S. shipped from China to Europe to avoid Trump's tariffsAuto News
Volvo is shifting XC60 production for the U.S. market to Europe from China to avoid Washington's new tariffs on Chinese imports.
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Trump says visit by EU officials will focus on car tariffsAuto News
President Donald Trump cited car tariffs as "the big one" among U.S.-EU trade irritants. He said the U.S. has tremendous powers if the EU does not bring a "fair" offer to Washington next week.
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Volvo expects record full-year sales despite trade tensionsAuto News
Volvo said it was on track for a fifth consecutive year of record vehicle sales despite rising trade tensions after second-quarter operating profit rose 29 percent to 4.2 billion Swedish crowns ($474 million).
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Volvo expects record sales despite trade tensionsAuto News
Volvo said it was on track for a fifth consecutive year of record vehicle sales despite rising trade tensions after second-quarter operating profit rose 29 percent to 4.2 billion Swedish crowns ($474 million).
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2018年7月18日 星期三
Auto industry to tell Commerce Dept. to ditch tariff proposalAuto News
A wide spectrum of auto interests, armed with the latest impact studies, will warn at a Commerce Department hearing Thursday that raising auto tariffs would severely harm the industry and consumers.
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U.S. tariffs may raise cost of insurance, parts, drive up auto theftsAuto News
A threat by the government to impose tariffs of up to 25 percent on imported auto parts could hit American consumers in unexpected ways: higher repair costs, insurance premiums and even the theft of more cars for their parts, the industry said.
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Brose expects $5 million in costs this year from Trump's tariffsAuto News
Brose Group CEO Kurt Sauernheimer and Brose North America President Frank Lubischer talked tariffs, technology production and emissions with reporters Wednesday.
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Marchionne, recovering from surgery, may miss FCA's Q2 earnings callAuto News
Fiat Chrysler Automobiles CEO Sergio Marchionne likely will miss the automaker's planned July 25 announcement of its second-quarter earnings as he recovers from recent surgery, according to an Italian media report.
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GM claims mural is an 'architectural work' in copyright infringement caseAuto News
GM, fighting a lawsuit claiming it unlawfully used an outdoor mural in its advertising, contends that since the mural is painted on an "architectural work," the automaker cannot be held liable for copyright infringement.
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Hyundai Launches Digital Showroom on Amazon (7/18/18)
Hyundai launches digital showroom on Amazon; Ford Fusion rollaway risk; Audit raps NHTSA; Automakers...
from TumblrCynthia Lin
from TumblrCynthia Lin
Trump may cut trade deal with Mexico before CanadaAuto News
President Donald Trump said he may prioritize a bilateral trade deal with Mexico over Canada and that he's building a good rapport with Mexican President-elect Andres Manuel Lopez Obrador.
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U.S. audit blasts NHTSA for its handling of recalls, Takata airbagsAuto News
A government audit faulted NHTSA's oversight of auto recalls and said its "delayed action" may have delayed the expansion of a record-setting callback of millions of vehicles for Takata airbags.
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Audit report faults U.S. oversight of auto safety recalls, Takata inflatorsAuto News
A government audit faulted NHTSA's oversight of auto recalls and said its "delayed action" may have delayed the expansion of a record-setting callback of millions of vehicles for Takata airbags.
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Penske to install Reynolds' docuPAD in 130 U.S. storesAuto News
Penske Automotive Group will install Reynolds and Reynolds Co.'s docuPAD systems in its new-vehicle stores in the U.S., deepening its relationship with Reynolds.
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2019 Ford Edge ST will start at $43,350, top out at $52,000Auto News
Ford's upcoming 2019 Edge ST -- the automaker's first crossover to carry a performance badge -- will cost about $1,500 more than the outgoing Edge Sport trim it replaces.
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Aston Martin's 'sports car for the skies' Auto News
Aston Martin designed and engineered a futuristic personal aircraft it has dubbed "a sports car for the skies."
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Thyssenkrupp moves toward possible breakup as CEO, chairman departAuto News
Thyssenkrupp -- a key supplier of automotive steel -- could be moving closer toward breaking up after its CEO and chairman both resigned in opposition to the proposed split of the conglomerate.
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Aston Martin unveils 'sports car for the skies' Auto News
Aston Martin has presented a futuristic personal aircraft it has dubbed "a sports car for the skies." The automaker believes the three-seater hybrid-electric concept could help one day to revolutionize travel.
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Continental prepares IPO for powertrain unit in mid-2019Auto News
Continental AG, the world's fourth-largest auto supplier, is moving ahead with an initial public offering of its powertrain unit and new corporate structure in the company's biggest overhaul in decades.
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Chevy enters viral video list with 'New Couple'Auto News
Chevrolet edges its way onto our viral video chart this week at No. 9 with "New Couple," the latest in its series of "real people, not actors" commercials.
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Ford Fusions, Escapes recalled for rollaway riskAuto News
Ford is recalling nearly 550,000 2013-16 Fusion sedans and 2013-14 Escape crossovers for a potential rollaway risk because of faulty shifter cable bushings.
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Hyundai launches digital showroom on AmazonAuto News
Hyundai has launched a digital showroom on the Amazon Vehicles research hub, the first automaker to create such a page on the massive shopping site.
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Tesla drivers in Germany told to return $4,650 subsidyAuto News
Hundreds of German Tesla Model S drivers have been ordered to pay back a 4,000-euro ($4,650) EV subsidy after a government agency deemed their luxury cars too expensive to qualify for the program.
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Musk apologizes to British diver for words 'spoken in anger'Auto News
Elon Musk apologized to British diver Vern Unsworth after the Tesla CEO labeled him a pedophile earlier this week in a now-deleted Twitter post.
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2018年7月17日 星期二
Sonic warns of earnings hit on 'lower' BMW, Honda spiffsAuto News
The country's fifth-largest dealership group said lower incentives from automakers will hurt overall profits.
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How to fix Tesla's woes: Reach out to DetroitAuto News
One way Tesla can fix its myriad production woes is to hire retired automotive manufacturing engineers to overhaul its troubled California assembly plant.
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PSA Group eyes 15 possible states for salesAuto News
PSA Group has narrowed to 15 states its top picks as possible points of entry for U.S. sales as the French carmaker continues to develop its return to North America.
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PSA Group eyes 15 possible states for salesAuto News
PSA Group has narrowed to 15 states its top picks as possible points of entry for U.S. sales as the French carmaker continues to develop its return to North America.
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PSA Group eyes 15 possible states for salesAuto News
PSA Group has narrowed to 15 states its top picks as possible points of entry for U.S. sales as the French carmaker continues to develop its return to North America.
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PSA Group eyes 15 possible states for salesAuto News
PSA Group has narrowed to 15 states its top picks as possible points of entry for U.S. sales as the French carmaker continues to develop its return to North America.
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Automakers unite to oppose tariffs but worry administration has mind made upAuto News
The auto industry plans a full-court press this week to inform Congress about how the Trump administration is unfairly exploring possible light-vehicle tariffs, and whether the White House is abusing its trade authority.
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Automakers unite to oppose tariffs but worry administration has mind made upAuto News
The auto industry plans a full-court press this week to inform Congress about how the Trump administration is unfairly exploring possible light-vehicle tariffs, and whether the White House is abusing its trade authority.
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As Trade Tensions Swirl, Japan, EU Join Forces (7/17/18)
As trade tensions swirl, Japan, EU join forces; Tesla Model 3 wins over a former critic; ‘20...
from TumblrCynthia Lin
from TumblrCynthia Lin
Bridge promises new gateway for automakers in U.S., Canada despite tariff battlesAuto News
The groundbreaking for a major bridge between Canada and the U.S. signaled the beginning of a project that will ultimately open a new gateway for automotive trade between the countries.
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EPA's new chief to meet California regulator over emissions, mpg goalsAuto News
California's top air-quality official will meet with the EPA's new acting chief on Tuesday, the first meeting between two regulators who disagree over the Trump administration's plan to weaken light-vehicle fuel efficiency regulations.
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Europe seeks talks with Trump over auto tariffs, report saysAuto News
European Commission President Jean-Claude Juncker will meet President Trump in Washington next week to explore the possibility of starting negotiations on reducing car tariffs for several key trade partners, Bloomberg reported, citing people with...
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Acura adds A-Spec package to MDX for 2019Auto News
Acura is making several updates and offering a new A-Spec trim package on the MDX crossover for 2019. The changes are fairly minor -- new interior trim wood, standard four-way power lumbar adjustments for the front seats and five new exterior colors.
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AutoGravity CEO Andy Hinrichs departsAuto News
AutoGravity co-founder Andy Hinrichs has left the company to pursue other opportunities. He will be replaced by Alex Mallmann, former head of Mercedes-Benz Auto Finance China.
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AutoGravity CEO Andy Hinrichs departs, former Mercedes-Benz China exec takes the helmAuto News
AutoGravity co-founder Andy Hinrichs has left the company to pursue other opportunities. He will be replaced by Alex Mallmann, former head of Mercedes-Benz Auto Finance China.
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Subaru's redesigned '20 Legacy spottedAuto News
The redesigned 2020 Subaru Legacy is poised to be the next model designed and engineered off the brand's new global platform.
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How to fix Tesla's woes: Rely on DetroitAuto News
One way Tesla can fix its myriad production woes is to hire retired automotive manufacturing engineers to overhaul its troubled California assembly plant.
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Tesla Model 3 critic flips view, sees possible 30% profit marginAuto News
The rollout of Tesla's Model 3 electric sedan over the last year was plagued by delays and doubts over whether it could ever be profitable. Now, one of car's early critics has changed his view.
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Self-driving bill critics oppose maneuver to clear SenateAuto News
Safety and consumer advocates are urging senators to reject a parliamentary maneuver to secure passage for stalled legislation governing self-driving cars.
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Self-driving bill critics oppose maneuver to clear SenateAuto News
Safety and consumer advocates are urging senators to reject a parliamentary maneuver to secure passage for stalled legislation governing self-driving cars.
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Mobiliti acquires subscription service Condor DetroitAuto News
In a push to expand its subscription offerings as it makes its foray into Michigan, app-based Mobiliti has acquired subscription service Condor Detroit.
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Mobiliti acquires subscription service Condor DetroitAuto News
In a push to expand its subscription offerings as it makes its foray into Michigan, app-based Mobiliti has acquired subscription service Condor Detroit.
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U.S. online travel giant invests $500 million in China's DidiAuto News
Chinese ride-hailing app Didi has received a $500 million investment from U.S. travel firm Booking Holdings, in a boost for its aggressive plan to enter new markets outside of China.
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VW Group names Porsche exec as strategy chiefAuto News
Volkswagen AG named Porsche executive Juergen Rittersberger as its new head of strategy. He replaces Thomas Sedran, who will lead the group's commercial vehicles division.
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BMW gets right for potential stake in Chinese battery giant Auto News
BMW is the first overseas automaker to get a potential toehold in Chinese electric-car battery maker Contemporary Amperex Technology, with rights to invest as much as $427 million.
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2018年7月16日 星期一
Ex-Apple engineer pleads not guilty in trade secret theft caseAuto News
A former Apple engineer charged with stealing driverless car secrets for a Chinese startup pleaded not guilty in federal court in San Jose, Calif.
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