U.S. expected to eke out sales win for ’18 | Ford recalls 874,000 pickups; tweaks dealer aid | Lyft...
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2018年12月21日 星期五
2018年12月20日 星期四
Unifor Goes on Media Blitz to Save GM Plant (12/20/18)
Canada’s Unifor goes on media blitz to save GM plant | Kasich to Musk: ‘Call me’ | Panamera recall |...
from TumblrCynthia Lin
from TumblrCynthia Lin
2018年12月19日 星期三
Wife of Jailed Nissan Exec Defends Husband, Slams CEO Saikawa For ‘Power Grab’ (12/19/18)
Wife of jailed Nissan exec defends husband, slams CEO Saikawa for ‘power grab’ | VW connects with...
from TumblrCynthia Lin
from TumblrCynthia Lin
2018年12月18日 星期二
Lexus Tops Dealer Attitude Survey — Again (12/18/18)
Lexus, Toyota, Subaru, Honda, Porsche take top five spots in NADA dealer attitude survey. Source...
from TumblrCynthia Lin
from TumblrCynthia Lin
2018年12月17日 星期一
Why Ford is Reviving the Ranger in U.S. (12/17/18)
Ford revives Ranger pickup in U.S. after F-150 gets too large, expensive. Source Automotive News
from TumblrCynthia Lin
from TumblrCynthia Lin
2018年12月14日 星期五
GM Has Jobs Open … For Those Willing to Move (12/14/18)
GM has jobs open … for those willing to move; layoff notifications begin; Kids appeal directly to...
from TumblrCynthia Lin
from TumblrCynthia Lin
2018年12月12日 星期三
Cars.com plans to restructure sales operations, cut staff amid investor pressureAuto News
Cars.com, one of the auto industry's largest online shopping sites, is restructuring its sales operations and eliminating more than 100 positions amid pressure from an activist investment group.
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FCA to idle Ontario minivan plant for 8 days, union saysAuto News
Fiat Chrysler Automobiles plans to idle its assembly plant in Windsor, Ont., for two weeks in the new year, according to the union representing workers there.
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Cadillac to Reveal XT6 Large CUV Next Month (12/12/18)
Cadillac to reveal XT6 large CUV in Jan.; Union: FCA idling Windsor plant; Schot named Audi CEO;...
from TumblrCynthia Lin
from TumblrCynthia Lin
Brazil court grants Ghosn access to Rio apartmentAuto News
A Brazilian court decided that ousted Nissan Chairman Carlos Ghosn or his daughter should have the right to access a contested Rio apartment to retrieve personal belongings, Reuters reported.
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BMW logistics get boost from U.S. grantAuto News
A $25 million U.S. transportation grant supporting the expansion of an inland port for containers will directly benefit logistics operations at BMW in South Carolina and other manufacturers in the region.
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Cadillac XT6 crossover slated to debut at Detroit auto showAuto News
The large three-row vehicle will slot between the XT5 midsize crossover and the Cadillac Escalade large SUV -- white space the brand has needed to fill for some time.
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China prepared to revise technology plan, report saysAuto News
China plans to give foreign companies greater access to its economy and is drafting a replacement of its plan to dominate advanced technologies by 2025, The Wall Street Journal reported.
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Financing concerns weigh on auto dealers in Q4, Cox survey findsAuto News
Alongside affordability challenges, high interest rates and difficulty obtaining credit for customers have clouded dealers' typically rosy outlooks, according to Cox Automotive's Dealer Sentiment Index survey.
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Audi's Schot appointed CEO on permanent basisAuto News
Audi said marketing expert Bram Schot will become its CEO on Jan. 1, making permanent a role he has held on an interim basis since June.
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Renault tells Nissan not to contact its board members, report saysAuto News
Renault has told alliance partner Nissan not to contact its directors ahead of a Renault board meeting on Thursday, a source told Reuters.
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VW expects new EV platform to give it an edge over rivalsAuto News
Volkswagen says the MEB platform that will underpin its I.D. electric-vehicle family will be even more scalable than the MQB architecture used for 80 percent of the group's combustion engine cars.
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Ghosn seen as liability as French president battles elitist imageAuto News
As Renault's largest shareholder, the French government might be expected to stand up for Carlos Ghosn as he fights charges in Japan that he underreported tens of millions of dollars.
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Nissan spells out allegations on Ghosn to RenaultAuto News
Nissan took the first comprehensive steps to share details with Renault about allegations against Carlos Ghosn in a move that may help ease a climate of suspicion that has clouded their partnership.
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Nissan expands Ghosn probe to European affiliatesAuto News
Nissan plans to widen its probe to investigate possible misconduct at its Alliance joint venture entity with Renault and a host of subsidiaries, people familiar with the matter said, in a move that could trigger more criminal charges after the...
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Hyundai promotes former BMW exec to randd chief in management shake-upAuto News
Hyundai Motor appointed Albert Biermann, a former BMW executive, as its first foreign head of research and development, raising expectations of a smooth transition of power at the family-run business empire.
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Hyundai promotes former BMW exec to randd chief in shake-upAuto News
Hyundai Motor appointed Albert Biermann, a former BMW executive, as its first foreign head of research and development, raising expectations of a smooth transition of power at the family-run business empire.
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VW Passat to remain on old platform, update styling, tech for 2020Auto News
The 2020 Volkswagen Passat will receive new exterior styling, more standard safety equipment and an updated instrument panel but it won't land on a new platform or feature a new powertrain as the automaker, citing the shrinking midsize car market,...
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2018年12月11日 星期二
GM pressed by 2 Senators to build all EVs for U.S. statesideAuto News
Two U.S. senators from Ohio on Tuesday asked General Motors CEO Mary Barra to commit to building all future electric vehicles for U.S. buyers at home and to provide more details of plans to cut back on car output in North America.
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Ex-Ford Argentina execs convicted in torture caseAuto News
An Argentine court convicted two former executives of a local Ford plant of involvement in the torture of workers during the country's dictatorship in the 1970s, victims' lawyers said, adding they may sue Ford in U.S. federal court.
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Vroom collects $146 million in latest funding, eyes expansion with new hiresAuto News
Vroom aims to take a bigger piece of the fragmented used-vehicle e-commerce pie courtesy of funding that will support new hires and investments in technology.
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China Plan Would Ease Way for U.S. Autos - Report (12/11/18)
Easing the way for U.S. automakers in China?; R&D shakeup looming at Hyundai - report;...
from TumblrCynthia Lin
from TumblrCynthia Lin
Musk slams '60 Minutes' for editing comments about chairmanAuto News
Tesla CEO Elon Musk criticized '60 Minutes' for editing out parts of his responses to questions about losing the role of chairman last month.
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Renting a car in 30 seconds? Hertz and Clear say they canAuto News
Hertz and Clear announced the debut of Hertz Fast Lane Powered by Clear, a service that uses biometrics to speed members through the rental car process.
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Santa slims down for AudiAuto News
Santa Claus takes on a modern look in a new Audi ad that shows him shedding pounds when he endures a bit of a mid-life crisis after realizing that he can't fit into an RS 5 at his current weight.
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Nissan is said to spell out allegations on Ghosn to RenaultAuto News
Nissan is taking the first comprehensive steps to share details with Renault about allegations against Carlos Ghosn, according to a person familiar with the matter.
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Jeep Wrangler awarded 1 star in Euro NCAP crash testsAuto News
The redesigned Jeep Wrangler failed one of several crash tests performed by Euro NCAP, the European version of crashworthiness studies performed by NHTSA and the Insurance Institute for Highway Safety.
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720S Spider joins McLaren lineupAuto News
McLaren Automotive has added another flavor to its 720S lineup by adding a convertible.
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Hyundai, suppliers plan $6.7 billion investment to boost fuel cell outputAuto News
Hyundai and its suppliers plan to spend $6.7 billion through 2030 to raise production of fuel cells by more than 200-fold as the automaker targets to become a key player in the new-energy vehicle technology.
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China car sales drop at steepest pace in nearly 7 yearsAuto News
China's automobile sales fell about 14 percent in November from a year earlier. It was the steepest decline since January 2012, when the timing of the Lunar New Year holiday hurt auto sales.
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Cars.com pressured to perform, shake up management or sellAuto News
Starboard Value is calling on Cars.com to improve its performance or consider selling itself or making management changes, about nine months after the activist hedge fund reached a settlement agreement with the online auto-dealing platform.
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China said to consider auto tariff cut mentioned in Trump tweetAuto News
China is moving toward cutting its trade-war tariffs on imported U.S.-made cars, a step already brandished by President Donald Trump as a concession won during trade talks in Argentina.
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BMW names new head of autonomous driving developmentAuto News
Alejandro Vukotich will replace Elmar Frickenstein, who has been in charge of the department since it was created in May 2016 and who will retire after a three-month handover phase in March.
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Daimler to buy $23 billion of battery cells in EV pushAuto News
"We set another important milestone for the electrification of our future electric vehicles," Wilko Stark, who oversees procurement and supplier quality on the board of Mercedes-Benz Cars, said.
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Ghosn's appeal to end detention rejected by Tokyo courtAuto News
A Tokyo court rejected ousted Nissan Chairman Carlos Ghosn's appeal to end his detention following his arrest last month on allegations of financial misconduct.
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Nissan to correct earnings to account for Ghosn's unreported incomeAuto News
Nissan will file corrected earnings for past years in which Ghosn Carlos, the company's ousted chairman, allegedly under-reported his compensation by tens of millions of dollars.
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Why Hyundai's top two randd execs are poised to resignAuto News
Hyundai Motor Group's two vice chairmen in charge of randd have offered to resign, three people familiar with the matter told Reuters.
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2018年12月10日 星期一
Ford Ranger pickup rated at 23 mpg combined, best among gasoline-powered rivalsAuto News
The Ford Ranger is returning next month as the most fuel-efficient gasoline-powered pickup on the U.S. market.
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Worthington named Ford's VP of global product development operationsAuto News
The Ford executive is now responsible for leading the automaker's global vehicle programs under product development, with Graham Pearson leading product development for Asia Pacific and China.
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Which Ford Plants Best-Suited to Build VWs? (12/10/18)
Which Ford plants best-suited to build VWs? What Ghosn wants from his Rio apartment; One...
from TumblrCynthia Lin
from TumblrCynthia Lin
Autos, labor groups urge strong currency rules in U.S.-Japan trade talksAuto News
Detroit automakers and labor groups insisted that any U.S. trade deal with Japan contain strong provisions to combat currency manipulation and pry open Japan's largely closed auto market.
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Ford goes back to the future in Detroit's Corktown Auto News
Ford has taken a giant leap into an enormous project to remake where employees think, design and create the vehicles of the future in a Detroit campus that is four years away from becoming reality.
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Ford in talks with German workers about Saarlouis job cutsAuto News
Ford said it started negotiations with German worker representatives about potential job cuts at its Saarlouis plant following a decision to discontinue production of its Ford C-Max model.
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Why Nissan wants to keep Carlos Ghosn out of Rio apartmentAuto News
Nissan said it was seeking to block former chairman Carlos Ghosn's access to an apartment in Rio de Janeiro, citing a risk that the executive, arrested and removed from his role for financial misconduct, may remove or destroy evidence.
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Bosch rejected stock listing to raise money for industry shift to EVs, report saysAuto News
Robert Bosch, the world's largest automotive supplier, discussed the merits of a potential stock market floatation with investment bankers as part of a broader funding review, but has chosen to remain unlisted, people close to the matter said.
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Nissan seeks to block Ghosn's access to apartment in RioAuto News
Nissan said it was seeking to block former chairman Carlos Ghosn's access to an apartment in Rio de Janeiro, citing a risk that the executive, arrested and removed from his role for financial misconduct, may remove or destroy evidence.
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Continental will turn to software takeovers after powertrain IPO, report saysAuto News
German supplier Continental is considering acquiring software makers after the flotation of its powertrain unit expected in the second half of 2019, CFO Wolfgang Schaefer told Boersen-Zeitung.
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Renault board heads into decisive week over top leadershipAuto News
Renault, the automaker in which the French state is the most powerful shareholder, is headed into a decisive week over its leadership.
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Tesla readies Model 3 for Europe launchAuto News
Tesla will start the European rollout of its Model 3 in February, putting pressure on German premium brands that have seen the Model S outsell flagship sedans such as the Mercedes-Benz S class.
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Uber said to file confidentially for IPO on Lyft's heelsAuto News
Like Lyft, Uber last week submitted its IPO filing to the Securities and Exchange Commission, a person familiar with the matter told Bloomberg.
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How Ghosn's legal process could play outAuto News
Carlos Ghosn and Nissan were indicted in Japan on Monday for understating Ghosn's income, as Tokyo prosecutors pushed ahead with the criminal investigation that has shaken the global auto industry.
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Ghosn, Kelly, Nissan indicted for under-reporting compensationAuto News
Nissan promised to improve corporate compliance after Tokyo prosecutors indicted former Chairman Carlos Ghosn, close aide Greg Kelly and the automaker itself for allegedly understating Ghosn's compensation.
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2018年12月9日 星期日
Ghosn, Kelly, Nissan all indicted for under-reporting compensation, reports sayAuto News
Tokyo prosecutors have indicted ousted Nissan boss Carlos Ghosn, close aide Greg Kelly and Nissan for allegedly misstating Ghosn's compensation by tens of millions of dollars in the company's financial filings over the span of five years, Japanese...
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The arrest of Carlos Ghosn is triggering trouble, from product to diplomatic relationsAuto News
Carlos Ghosn's arrest in Tokyo is already having consequences, from product marketing to international diplomatic relations. More complications could be ahead.
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GM's fast-rising CFO Dhivya Suryadevara leads a high-speed restructuringAuto News
Dhivya Suryadevara has quickly risen through the ranks of GM since starting as a senior financial analyst in 2005.
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SK Innovation plans new battery plantAuto News
SK Innovation will spend $1.67 billion to build an EV battery plant in Commerce, Ga. Some think that is just the beginning.
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Self-driving tests and crashes are on the rise in CaliforniaAuto News
With three weeks left in 2018, California already has had a record year for the number of manufacturers permitted to test autonomous vehicles, the number of those vehicles permitted on the road and the number of crashes involving those vehicles.
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Kia's redesigned 2020 Soul builds more variety from the same boxAuto News
While other boxy designs have come and gone #8212; Scion xB, Nissan Cube, Honda Element #8212; Kia's Soul has built longevity through loyalty.
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Dealerships make strikes toward more ethical cultureAuto News
Ethical practices in automotive finance have evolved significantly in recent decades, with a boom in automotive retail regulations. Automotive News explores this evolution in this special section.
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GM cutbacks complicate USMCA's path to passageAuto News
General Motors' decision to idle four U.S. assembly and parts plants could provide ammunition for critics of President Donald Trump's new North American trade agreement.
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Mazda-Toyota's Ala. greenfield charts new pathAuto News
Toyota and Mazda will spend $1.6 billion to build an assembly plant in Huntsville. Things have changed since their last greenfield ventures.
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VW chief Herbert Diess is talking about accessing Ford's U.S. plants, but space is limitedAuto News
As Ford has tried to downplay its ongoing talks with Volkswagen Group, VW CEO Herbert Diess, who last week said VW is eyeing access to Ford's U.S. manufacturing footprint, keeps upping the ante.
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Affordability worries put car dealers in a gloomy moodAuto News
Price pressure, rising interest rates and a shrinking supply of affordable vehicles have U.S. dealers worrying more about business as they look toward 2019, according to the Cox Automotive Dealer Sentiment Index survey for the fourth quarter.
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November numbers reflect surprisingly good sales yearAuto News
Heading into 2018, U.S. auto sales appeared headed for a second-straight annual decline. But it hasn't played out as expected: Sales have remained steady even as incentives were disciplined and prices rose further.
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'Crazy Ivan' strategy at M.K. Smith Chevrolet gets used-car shoppers' attentionAuto News
What does a 2014 Jeep Compass Sport have in common with a Soviet submarine?
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Florida dealership settles robocall suit for $4.8 millionAuto News
A Florida store's $4.8 million settlement of a robocalling lawsuit is the latest wake-up call for dealers to remain vigilant about unwanted advertising messages to current and prospective customers.
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Volvo dealers in California revolt against subscriptionsAuto News
As Volvo prepares a new and improved version of its Care by Volvo subscroption service, California hears the grumbling of dealer protests.
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VW Beetle gets special colors for latest farewellAuto News
The latest Final Edition of the iconic Volkswagen Beetle will have special colors, badging and wheels as the bug drives into the sunset next year, just as it did 15 years ago.
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Land Rover Defender may be produced in SlovakiaAuto News
It seems likely that the much-discussed new Land Rover Defender will be built outside of England.
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Small size keeps Brembo fast, focusedAuto News
Brembo navigates the curves of supplying high-end brakes while managing the transition to brake-by-wire.
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Musk recounts 'life or death' moment for Tesla in '60 Minutes' interviewAuto News
In an interview with CBS's Lesley Stahl, the Tesla CEO said he doesn't respect the SEC, declared his interest in buying a shuttered GM factory and credited a parking lot assembly line with saving the company.
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Why Monday is a crucial day in the Carlos Ghosn legal dramaAuto News
Ousted Nissan boss Carlos Ghosn faces a landmark day in his Japanese judicial ordeal on Monday when prosecutors must decide to either indict or free the jailed auto executive.
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Aerotropolis envisions auto hub by Detroit airportsAuto News
With industrial space in Detroit in short supply, a regional group is eyeing two Detroit airports as a site for future industrial development.
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VW denies allegations chairman knew early about emissions cheatingAuto News
VW denied allegations that Chairman Hans Dieter Poetsch knew about the automaker's emissions test cheating almost three months before U.S. authorities made it public.
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Ghosn planned to remove Saikawa as Nissan CEO before arrest in Japan, sources sayAuto News
Carlos Ghosn was planning to remove Nissan CEO Hiroto Saikawa before Ghosn was arrested in Japan last month for alleged financial misconduct, people familiar with the matter said.
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2018年12月8日 星期六
Sergio Marchionne's influence lingers for FCA CEO Mike ManleyAuto News
Fiat Chrysler Automobiles CEO Mike Manley clearly learned many lessons from his predecessor -- and even some the late Sergio Marchionne never intended to teach.
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Acura turns attention to cars, seeking repeat of RDX successAuto News
The redesigned RDX has gotten off to a torrid start, but brand chief Jon Ikeda says Acura isn't planning more crossovers.
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Aerotropolis envisions auto hub by Detroit airportsAuto News
With industrial space in Detroit in short supply, a regional group is eyeing two Detroit airports as a site for future industrial development.
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2018年12月7日 星期五
Mazda goes for emotional appeal for sedan loversAuto News
Mazda doesn't see the slowing sedan market as an excuse to become complacent about its cars. In fact, it sees this as the perfect time to raise the bar with an artistic approach to design that enhances some of their emotional allure.
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Ethics and compliance in FandI go hand in handAuto News
The relationship between compliance and ethics is especially acute in the FandI department.
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Genesis decline tied to licensing bumpAuto News
Genesis' steep sales dropoff is largely a byproduct of the brand's accelerated separation from Hyundai.
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TrueCar buys retail software company DealerScience for $27 millionAuto News
Vehicle-shopping site TrueCar has acquired DealerScience, a provider of digital-retailing software, for $27 million, the companies said Friday. DealerScience's founder will also join TrueCar's executive team effective immediately.
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The Detroit auto show's seven-year planAuto News
The Detroit auto show, seeking to reinvent itself following decades as a January venue, has committed to seven years with its new June date.
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Why Chevy is launching another employee pricing campaignAuto News
Chevrolet has launched a national employee pricing sales campaign on all 2018 and some 2019 models through the end of the year.
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Chevy’s Employee Pricing Sale Returns (12/7/18)
Chevy’s employee pricing sale returns; Why some ‘19 GM pickups get lower mpg than '18 models;...
from TumblrCynthia Lin
from TumblrCynthia Lin
Some 2019 GM pickups will have lower mpg than outgoing modelsAuto News
The fuel economy on some redesigned Chevrolet Silverado and GMC Sierra models will be worse than the outgoing pickups they're replacing.
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Some GM 2019 pickups will have lower mpg than outgoing modelsAuto News
The fuel economy on some redesigned Chevrolet Silverado and GMC Sierra models will be worse than the outgoing pickups they're replacing.
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Nissan takes orders for $1.1 million GT-R by ItaldesignAuto News
Nissan said it will build 50 versions of the GT-R50 by Italdesign, which was unveiled earlier this year at the Goodwood Festival of Speed in the U.K. The car starts at $1.1 million.
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Tower International to sell European unit in $291 million dealAuto News
Metal components supplier Tower said it agreed to sell off its European division to a privately owned French automotive supplier in a deal valued at about $291 million.
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How the Japanese legal system could treat Ghosn next weekAuto News
Monday marks the end of Carlos Ghosn's 22-day detention, having been held without charge since his arrest on suspicion of under-reporting compensation following a whistleblower tip.
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Ford begins European restructuring with management shakeupAuto News
Ford has taken the first step in restructuring its money-losing European business that is expected to involve axing models, cutting jobs, and possibly factory closures.
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Tesla's plan to make bond payment in March emergesAuto News
Tesla notified holders of bonds due in March that if they elect to convert the debt, they'll be paid with a 50-50 mix of cash and stock, according to a copy of a document seen by Bloomberg.
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Trump's pick to run CFPB wins approval from SenateAuto News
President Donald Trump will finally have his own permanent nominee running the Bureau of Consumer Financial Protection, a controversial agency that Republicans say has stifled economic growth.
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Tesla's top legal chief to leave, Washington lawyer named general counselAuto News
Tesla General Counsel Todd Maron is leaving the company, adding to a long list of senior management departures this year. Tesla said it hired Washington lawyer Dane Butswinkas as his successor.
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Renault said to be near first conclusions in Ghosn probeAuto News
Renault is aiming to reach in about a week the first conclusions of an internal probe into whether the pay packages of Carlos Ghosn and other top managers of the automaker were properly disclosed.
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Why Nissan could be charged with GhosnAuto News
Tokyo prosecutors are expected charge Nissan as a corporate entity, alongside ousted chairman Carlos Ghosn for allegedly violating financial laws, a report said.
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NIssan partially blames Ghosn for latest inspection crisis in JapanAuto News
Nissan discovered more final inspection problems and said it will recall 150,000 vehicles in Japan as an executive blamed ousted boss Carlos Ghosn for partially fanning the lapses.
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2018年12月6日 星期四
Nissan to be charged alongside Ghosn in unfolding scandal, report saysAuto News
Tokyo prosecutors are expected charge Nissan as a corporate entity, alongside ousted chairman Carlos Ghosn for allegedly violating financial laws, a report said.
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GM CEO Mary Barry gets earful from angry Michigan congressional delegation over planned plant, job cutsAuto News
General Motors CEO Mary Barra came under harsh criticism from members of Congress from Michigan for building a new vehicle in Mexico while planning to end production at five North American assembly plants and cut more than 14,000 jobs.
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Ford VPs Kenneth Kent, Joe Bakaj, Bill Russo to retireAuto News
Ford's treasurer, head of European product development and Asia Pacific manufacturing chief will leave at the end of December.
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Reports: FCA to Turn Idled Engine Site Into Assembly Plant (12/6/18)
Reports: FCA to turn idled engine site into vehicle assembly plant; FCA hires Amazon, Shell execs;...
from TumblrCynthia Lin
from TumblrCynthia Lin
New appointments show what Manley has learned about Fiat Chrysler managementAuto News
With his appointment of two outsiders to key executive roles at FCA, CEO Mike Manley has made it abundantly clear that he has learned another tough lesson from his late boss, Sergio Marchionne.
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Fiat Chrysler to convert idled Mack II engine plant in Detroit engine plant to build Jeeps, reports sayAuto News
Fiat Chrysler Automobiles plans to reopen its long-idled Mack II engine plant in Detroit as an assembly plant to build three-row Jeep SUVs, The Detroit News and CNBC reported today, citing multiple sources familiar with the plans.
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Why the FTC is sending $3.5 million to Sage Auto Group customersAuto News
The Federal Trade Commission said it will mail out 43,456 checks totaling more than $3.5 million for customers that fell prey to Sage Auto Group's deceptive practices from 2014 to 2016.
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FTC to send $3.5 million to customers affected by Sage Auto Group misconductAuto News
The Federal Trade Commission will mail out 43,456 checks totaling more than $3.5 million for customers that fell prey to Sage Auto Group's deceptive practices from 2014 to 2016.
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Lyft formally signals plans to go publicAuto News
Lyft filed confidentially for an initial public offering of stock, pulling out ahead of Uber Technologies in the race among ride-hailing companies to go public.
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Subprime auto lending hits 11-year lowAuto News
Despite an increase in subprime loan volume in the third quarter, subprime market share hit its lowest level in more than a decade, according to Experian.
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Superfast Lexus RC F Track Edition to debut at Detroit auto showAuto News
Lexus plans to unveil a new superfast coupe at the Detroit auto show in January, just months before it hits the market.
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Mark Stewart, 60, had been vice president of operations for Amazon, and will take over as chief operations officer for FCA in North America, a job held at the beginning of this year by Sergio Marchionne.Auto News
After nearly a decade of developing and renewing its leadership team internally, Fiat Chrysler has hired a pair of outsiders -- including a high-ranking Amazon executive -- for leading roles in its most profitable region.
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Barra explains GM restructuring plans to lawmakersAuto News
Ohio senators Sherrod Brown and Robert Portman urged GM's CEO to accelerate contract talks with union officials and decisions on where to build new products so the state's Lordstown plant can continue operating.
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Trump's combative side poses risk as Democrats hold key to USMCAAuto News
Donald Trump's push to get Congress to quickly pass his NAFTA replacement trade deal -- a crucial deal for the auto industry -- will require the president to take an uncharacteristic approach in negotiations: seek compromise while resisting...
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Autoliv sets aside $210 mln to cover European anti-trust investigationAuto News
Autoliv said it is setting aside $210 million this quarter to cover a fine it expects the European Commission to impose after a long-running anti-trust investigation.
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VW will accelerate margin hike for core brandAuto News
VW said its core brand aims to raise its profit margin faster than previously planned despite rising investments for electric vehicles.
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2018年12月5日 星期三
Barra pressed by Ohio senators to keep GM's Lordstown plant openAuto News
Ohio senators Sherrod Brown and Robert Portman urged GM's CEO to accelerate contract talks with union officials and decisions on where to build new products so the state's Lordstown plant can continue operating.
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Toyota's Lentz still bullish, but concerned about 'crazy' trade implicationsAuto News
While Toyota remains "very, very bullish" on the overall market, Jim Lentz said "some crazy" potential implications from trade and U.S.
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Why two giants in the collision repair business have agreed to mergeAuto News
Two of the four largest body shop consolidators in the U.S. are merging. What does this mean for dealership-owned shops?
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Has Ghosn Arrest Exposed Fundamental Flaw at Nissan? (12/5/18)
Has Ghosn arrest exposed fundamental flaw at Nissan?; M-B victory in sight; JLR woes spark ratings...
from TumblrCynthia Lin
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Toyota's Jim Lentz is concerned but still bullishAuto News
The current trade and tariff environment under U.S. President Donald Trump is the greatest potential danger to the automotive industry, according to Toyota North America CEO Jim Lentz.
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Lebanon gets Ghosn a mattressAuto News
Lebanon's ambassador to Japan has bought a mattress for disgraced auto executive Carlos Ghosn and is pushing to have him moved from solitary confinement, a Lebanese official said.
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What's next for the electric Leaf without Carlos Ghosn?Auto News
Carlos Ghosn was an early proponent of electric cars, telling the world in 2009 that Nissan Motor Co. would lead a revolution to eliminate gas guzzlers with its battery-powered Leaf.
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VW has 800 million reasons to consider an Audi plant in the U.S.Auto News
Making Audis in the U.S. could help Volkswagen protect almost $800 million in profit that its luxury-car unit reaps from the world's second-biggest automotive market.
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Mary Barra to oversee GM Financial after Ammann's departureAuto News
As General Motors President Dan Ammann departs his post to lead the automaker's Cruise autonomous vehicle unit next year, GM CEO Mary Barra will step in on the captive side of the business, overseeing GM Financial.
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Amid Ammann move, Barra to oversee GM FinancialAuto News
As General Motors President
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Black Friday spurs short-term interest rate declineAuto News
The resurgence of 0 percent financing for Black Friday deals pulled down the average interest rate on new-vehicle loans from the month earlier, but rates still grew year over year and will likely continue to rise.
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Waymo's first commercial robotaxi service launches in Phoenix todayAuto News
Waymo, the subsidiary spun from Google to handle autonomous driving, intends to offer commercial service with its self-driving Chrysler Pacifica hybrid minivans. The service is called Waymo One.
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Ford CEO discounts job-cut report, promises more news this weekAuto News
Ford's CEO downplayed a report that the automaker may cut 25,000 jobs and said he'll have more news to share later this week.
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Jaguar Land Rover weakness drives owner Tata Motors deeper into junk ratingAuto News
SandP Global Ratings lowered the credit rating of Tata Motors and its Jaguar Land Rover unit deeper into junk, citing weaker-than-expected profitability at JLR.
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GM CEO Mary Barra to face pressure as she meets with U.S. lawmakers on cutbacksAuto News
Even in a hyper-polarized Washington, there's been one area of consensus lately on Capitol Hill: anger at General Motors and its CEO, Mary Barra. She will face that ire during two days of meetings this week.
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How Carlos Ghosn may have hidden $70 million from NissanAuto News
Former Nissan CEO Carlos Ghosn had near-total say over how much he was paid, which may have led to his arrest for alleged financial misconduct.
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2018年12月4日 星期二
Interest rate hikes hurting car sales, Canadian economyAuto News
Plunging automobile sales add to evidence that higher borrowing costs are beginning to eat into Canadian economic growth, possibly faster than the central bank expected.
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Mustang Shelby GT500 to include two 3D-printed brake parts Auto News
Ford's upcoming Mustang Shelby GT500, which will be revealed next month at the Detroit auto show, will be made with two 3D-printed brake parts from a new manufacturing center near Detroit.
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Make Volkswagens in Ford Plants? (12/4/18)
Volkswagen may use Ford manufacturing capacity, Diess says; Calif. dealers want Volvo subscription...
from TumblrCynthia Lin
from TumblrCynthia Lin
Volkswagen says it might use Ford manufacturing capacity in U.S.Auto News
Volkswagen's CEO said after a meeting at the White House that the German automaker was building an alliance with Ford and that they might use the U.S. automaker's plants to build cars.
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VW's planned departure from combustion engines becomes clearAuto News
Volkswagen Group expects the era of the combustion car to fade away after it rolls out its next-generation gasoline and diesel cars beginning in 2026.
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GM Canada CEO says hiring to continue despite Oshawa plan, CBC reportsAuto News
General Motors Canada CEO Travis Hester says the company will be hiring in Canada, despite the automaker's plan to not allocate new product to its Oshawa Assembly Plant, according to the CBC.
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White House seeks more German auto production in U.S.Auto News
The Trump administration was expected to push senior executives of German automakers to expand their U.S. investments as the White House considers imposing new tariffs on European-made vehicles.
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Why California auto dealers are taking on VolvoAuto News
The California New Car Dealers Association asked Volvo to stop its Care by Volvo subscription service after a review found what the association believes to be violations of California franchise laws.
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California dealer group asks Volvo to halt subscription service in the stateAuto News
The California New Car Dealers Association has asked Volvo to immediately stop its Care by Volvo subscription service in the state after a review found what the association believes to be violations of California franchise and consumer protection...
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Trump may extend truce with China; adviser backtracks on auto tariff tweetAuto News
Donald Trump suggested Tuesday that he could extend a 90-day truce in his trade war with China, while his top White House economic adviser backtracked from the president's announcement that Beijing had agreed to reduce tariffs on U.S.-made cars.
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Nissan to choose new chairman to replace GhosnAuto News
Nissan's independent board members failed to nominate a successor to Carlos Ghosn as chairman in the wake of his arrest and dismissal for alleged financial misconduct, Reuters and Kyodo News reported.
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White House seeks more German auto production in U.S.Auto News
The White House is looking to whittle down a $30 billion automotive trade deficit with Germany with increased production in the U.S., Commerce Secretary Wilbur Ross said ahead of a meeting with automakers in Washington.
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2020 Chevy Silverado HD diverges from smaller siblingAuto News
General Motors is further differentiating the 2020 Chevrolet Silverado HD from its smaller sibling.
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Trump adviser backtracks on tweet announcing car deal with ChinaAuto News
Donald Trump's top economic adviser said the White House doesn't yet have a deal with China to reduce tariffs on U.S.-made cars, backtracking from a tweet by the president just two days earlier.
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Lithium, cobalt costs hinder battery-powered car sales, HSBC saysAuto News
"High lithium and cobalt prices #8212; but also limited supply and lower demand for pure EVs #8212; now favor more plug-in hybrids in the short to medium term vs. our previous expectation," analysts said.
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Big lithium riches await in Bolivia #8212; the challenge is extracting themAuto News
Meandering, bumpy dirt roads, thin air at high altitude, the ordeal of bringing labor into the blinding white plain of the world's largest salt flat #8212; all of this stands between anyone who dreams of retrieving Bolivia's lithium and turning it...
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White House seeks more German auto production in U.S.Auto News
The White House is looking to whittle down a $30 billion automotive trade deficit with Germany with increased production in the U.S., Commerce Secretary Wilbur Ross said ahead of a meeting with automakers in Washington.
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GM moves to challenge Ford in U.S. commercial fleet salesAuto News
General Motors is intensifying its attack on Ford's lead in sales to U.S. commercial fleets to prop up profit margins amid weakening consumer demand.
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Nissan to choose new chairman to replace GhosnAuto News
Nissan's independent board members failed on Tuesday to nominate a successor to Carlos Ghosn as chairman in the wake of his arrest and dismissal for alleged financial misconduct, Kyodo News reported.
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Trump's advisers attempt to explain deal on auto tariffs he says he cut with ChinaAuto News
President Donald Trump left his top advisers scrambling on Monday to explain a trade deal he claimed he'd struck with China to reduce tariffs on U.S.
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White House wants to end EV subsidies, Trump aide saysAuto News
President Donald Trump's top economic adviser said the White House wants to end subsidies for electric vehicle purchases, without saying how it would eliminate the incentives that were created by Congress.
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Bentley will wait for stronger batteries before launching an EVAuto News
Bentley will target currently unreachable super-wealthy customers with a future electric vehicle but only when battery technology improves, CEO Adrian Hallmark said.
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Audi will invest nearly $16 billion in e-mobility, self-driving carsAuto News
"This planning round bears a clear signature: We are taking a very systematic approach to electric mobility and will be much more focused in future," Audi's interim CEO, Bram Schot, said.
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U.S. lawmakers make final push to win approval of self-driving car billAuto News
Key U.S. senators are making a last-ditch effort to win approval of a bill to speed the use of self-driving cars without human controls, but face an uphill battle on Capitol Hill.
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Fiat Chrysler lays off Italian workers building Maserati SUVAuto News
Fiat Chrysler will partially lay off more than half the workforce at its underused Mirafiori plant in Turin as it retools the factory to build EVs.
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BMW faces trade, cost headwinds of at least $1.1 billion in 2019 Auto News
BMW expects headwinds from U.S. President Donald Trump's trade war with China as well as higher commodity prices and foreign exchange swings to weigh on earnings next year.
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Nissan to choose new chairman to replace GhosnAuto News
Nissan has rejected Renault's external candidates for a new chairman at the Japanese automaker to replace Carlos Ghosn, Bloomberg reported. Nissan's choice will indicate the direction the Renault-Nissan alliance will take.
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Ghosn may face longer detention as new allegations are madeAuto News
New details of Carlos Ghosn's alleged financial misconduct have come to light amid mounting speculation the ousted Nissan chairman could be re-arrested by Japanese prosecutors as investigators probe new allegations.
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2018年12月3日 星期一
Mercedes holds its lead over BMW in U.S. luxury raceAuto News
Despite an anemic 0.6 percent increase in November U.S. sales, Mercedes-Benz remained No. 1 among luxury brands last month.
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VW: Audi drops 11% while VW brand slides 8%Auto News
Volkswagen sales slid 8 percent in November to 26,789, despite record Tiguan sales. Audi sales fell 11%, their second consecutive month of decline.
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CANADA: Detroit 3 drag November sales down 8.2%Auto News
Each of the Detroit-based automakers suffered double-digit sales declines. FCA was down 35.2 percent. GM was down 18.3 percent while Ford fell 10.7 percent. Nissan and Toyota had record months.
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GM starts white-collar cuts with contract workersAuto News
General Motors is already cutting some white-collar contract workers, a month ahead of announced plans to slash its internal salaried work force.
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GM CEO Mary Barra to meet with Ohio's senatorsAuto News
General Motors CEO Mary Barra is scheduled to meet Ohio senators Sherrod Brown and Robert Portman on Capitol Hill Wednesday afternoon to discuss the automakers' decision to idle four U.S.
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Lincoln: No change to anti-dualing policy despite Calif. dealer backlashAuto News
Lincoln says building standalone luxury showrooms is vital to its growth; California dealer group says it's financially harmful.
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Why Hyundai-Kia got a slight boost in NovemberAuto News
Hyundai-Kia's combined U.S. sales edged up 1.1 percent in November as Hyundai's crossover momentum continued to build.
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Nissan, Honda, Ford Sales Drop as Cars Get Clobbered (12/3/18)
Nissan, Honda, Ford sales drop as cars get clobbered; fleet lifts FCA; VW, Mitsu dealer-outreach...
from TumblrCynthia Lin
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Why Nissan sales fell across-the-board in NovemberAuto News
Nissan North America had a chilly November, with U.S. sales tumbling across the board, even in the typically resilient light-truck segment.
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Tesla on Autopilot drove 7 miles with sleeping drunken driver, police sayAuto News
The California Highway Patrol had some trouble pulling over a Tesla Model S after the driver was determined to be asleep behind the wheel while the vehicle operated on Autopilot.
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TOYOTA: Car slump overshadows record-high November light-truck salesAuto News
Toyota posted a 0.6 percent decline in November from the year-earlier month to 190,423 vehicles, despite record-high November light-truck sales.
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Lincoln is the only bright spot in Ford's November sales reportAuto News
Except for gains at Lincoln, Ford's November sales dropped in nearly every measurable category.
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Ford: Fewer fleet orders contributes to down monthAuto News
Except for gains at Lincoln, Ford Motor Co.'s November sales dropped in nearly every measurable category.
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Why this analyst thinks Ford will cut 25,000 jobsAuto News
Ford's $11 billion restructuring could cost 25,000 employees their jobs, exceeding the cutbacks General Motors announced last week, according to Morgan Stanley.
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VW, Daimler, BMW CEOs poised for White House meetingAuto News
Top executives of Volkswagen Group, Daimler AG and BMW AG have a balancing act to pull off when they meet with Trump administration officials Tuesday about potential tariffs on U.S. imports from Germany.
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Congo nearly triples royalty rate on cobalt, key component of EV batteriesAuto News
Democratic Republic of Congo has declared cobalt a "strategic" substance, according to a government decree, raising the royalty rate miners will pay to 10 percent.
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Ram and Jeep lead the way for FCA in NovemberAuto News
U.S. sales for FCA US rose 17 percent in November to 181,310 vehicles, a gain largely driven by fleet transactions.
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FCA: Sales jump 17% on Ram, Jeep demand; fleet volume growsAuto News
U.S. sales for FCA US rose 17 percent in November to 181,310 vehicles, a gain largely driven by fleet transactions.
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HONDA NOVEMBER SALES: Accord, Acura RDX rises not enough to offset slumping salesAuto News
The Acura RDX continued to post record sales results for American Honda in November, but it was not enough to offset declines for higher-volume vehicles such as the Honda Civic and Pilot.
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November U.S. light vehicle sales down on weak car volumeAuto News
Ford, Toyota, Nissan and American Honda posted declines in U.S. auto sales last month as the industry continues to reel from plunging car demand. FCA posted a 17 percent gain behind higher retail and fleet volume. The tally for U.S.
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Toyota: Car declines overshadow record-high November light-truck salesAuto News
Toyota Motor Sales U.S.A. posted a 0.6 percent decline in November from the year-earlier month to 190,423 vehicles, despite record-high November light-truck sales. Toyota brand sales slid 0.
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Ford, Japan 3 sales drop on weak car volumeAuto News
Ford Motor, Toyota, Nissan and American Honda posted declines in U.S. sales last month on sharply lower car deliveries. FCA posted a 17 percent gain behind higher retail and fleet volume. The tally for U.S.
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Why Uber hired a top NHTSA safety regulatorAuto News
Uber confirmed it hired a senior U.S. auto safety official involved in the federal government's handling of self-driving cars for its autonomous vehicle efforts.
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Ford, Toyota, Honda sales drop on weak car volumeAuto News
Ford Motor, Toyota and American Honda posted a drop in U.S. sales last month on sharply lower car deliveries.The tally for U.S. light-vehicle sales in November is expected to be down about 2 percent after other automakers release results later today.
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Ford, Honda sales drop on weak car volumeAuto News
Ford and American Honda posted a drop in U.S. sales last month on lower car and truck demand. The tally for U.S. light-vehicle sales in November is expected to be down about 2 percent after other automakers release results later today.
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Honda sales drop on weak car volumeAuto News
American Honda reported a 9.5 percent drop in November U.S. sales, dragged down by a sharp decline in demand for the Civic and other cars. The tally for U.S.
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Hyundai gears up for another Super Bowl runAuto News
Hyundai will keep its Super Bowl ad run going in 2019, making it the eleventh time in the past 12 years that the brand has advertised during the game.
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(No heading)Auto News
Hyundai will keep its Super Bowl ad run going in 2019, making it the eleventh time in the past 12 years that the brand has advertised during the game.
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Trump tweets China will 'reduce and remove' auto tariffsAuto News
President Donald Trump tweeted that China agreed to "reduce and remove" tariffs on imported American-made cars, raising more questions about the outcome of his meeting with counterpart Xi Jinping.
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U.S. attorney for Nissan's Kelly asserts his innocenceAuto News
The attorney for the Nissan director, Greg Kelly, branded the 'mastermind' of former Chairman Carlos Ghosn's alleged financial misconduct says his client did nothing wrong.
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2018年12月2日 星期日
GM job cuts, plant closing part of its plan for futureAuto News
On the day CEO Mary Barra outlined the largest round of job cuts and plant shutdowns in nearly a decade, General Motors also was having an orientation for new hires.
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Why GM can continue to benefit from tax deals despite planned cutsAuto News
GM may be able to continue claiming its maximum amount of tax credits from the state of Michigan even after the automaker sheds 8,100 salaried jobs in North America and possibly closes its Detroit-Hamtramck assembly and Warren transmission plants.
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Building a dealership on customer serviceAuto News
Diehl Automotive Group owner Corina Diehl built her thriving business after the death of her husband, Mathew, with a strong customer service focus.
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Pickups old and new at L.A. auto showAuto News
Two midsize pickups -- an old school paean to nostalgia and a modern vision of the future -- rolled into the auto show.
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Keogh starts VW job with dealer face timeAuto News
Just a month into his new role as CEO of Volkswagen Group of America, Scott Keogh isn't yet ready to lay out a comprehensive plan to fix what ails the German automaker's operations in the U.S. Maybe by January, Keogh says.
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Mitsubishi's Diaz says product plans aren't being derailed by Ghosn turmoilAuto News
Before the Ghosn turmoil, Mitsubishi U.S. boss Fred Diaz had his eyes set on leveraging shared platforms to bolster his product lineup. And he still does.
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Fitzgerald Auto Malls uses ISO benchmark to improve processesAuto News
In the minds of customers and employees at Fitzgerald Auto Malls, the FitzWay is shorthand for the company's detailed quality policy, painstakingly developed more than 14 years ago.
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Toyota uses versatile TNGA platform to explore niches in car marketAuto News
In a market that's tilted 70-30 toward light trucks, why does Toyota bother to invest in cars? Because in that smaller market, Toyota is a giant. And it has even more elbow room now that the Detroit 3 have decided to vacate several car segments.
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Affordable cars disappearing from American landscapeAuto News
As new-vehicle prices and interest rates continue to rise, affordable cars continue to disappear from the American landscape.
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Byton bullish about 2019 electric SUV productionAuto News
In many ways, the story of Byton sounds like so many fledgling automotive companies backed by Chinese investors. The company has outlined grand plans to reinvent traditional business models. It has pinned its fortunes on an electric powertrain.
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Former Intel head looks to grow and transform CDK's workAuto News
Self-proclaimed car guy Brian Krzanich has big plans for CDK, including more interaction with the car buyer and a bigger push into the industry's transition to autonomous driving.
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Lincoln Aviator goes with GT instead of an 'e'Auto News
Starting with the 2020 Aviator, Lincoln will adopt the Grand Touring name for all of its electrified variants in an effort to emphasize their performance capabilities, prevent customer confusion and avoid any stigma associated with electric...
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Hyundai's light-truck onslaught changes the brand's identityAuto News
Hyundai is forging ahead with marketing campaigns that tout its "family of SUVs.,"
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Nissan says Saikawa reported crime; others say it's more complexAuto News
As Carlos Ghosn sits in a cramped Japanese jail with the fate of his global auto empire in limbo, two conflicting scenarios are emerging to explain the stunning upheaval.
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Trump, Xi agree to temporary truce in bid to contain trade warAuto News
President Trump and Chinese President Xi agreed to keep their trade war from escalating with a promise to halt the imposition of new tariffs for 90 days as the world's two largest economies negotiate a lasting agreement.
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2018年12月1日 星期六
Trade war flack hits BMW's Spartanburg plantAuto News
BMW is considering building more crossovers in China as exports from its Spartanburg, S.C., plant are hit by a 40 percent tariff.
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Los Angeles Auto Show hits and missesAuto News
From the floor of the Los Angeles Auto Show, we pass judgment on Rivian's electric trucks, a weakly stamped Passport and Kia's immortal Soul.
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Nissan says Saikawa reported crime; others say it's more complexAuto News
As Carlos Ghosn sits in a cramped Japanese jail with the fate of his global auto empire in limbo, two conflicting scenarios are emerging to explain the stunning upheaval.
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Kia will return to Super Bowl for 10th straight yearAuto News
Kia will extend its Super Bowl ad streak to 10 years. The ad will be handled by U.S. agency-of-record David and Goliath, but the automaker declined to confirm other details.
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President George H.W. Bush, free-trade proponent, ethanol supporter, dies at 94Auto News
George H. W. Bush, the nation's 41st president who championed NAFTA and faced pressure from U.S. automakers to ease Japanese imports in the late 1980s and early 1990s, died late Friday. He was 94.
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