2018年11月7日 星期三

Ford buying scooter company SpinAuto News

The automaker said the scooters will roll out in 100 cities over the next 18 months, including a Thursday launch in Detroit. It did not disclose a purchase price.

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Dealerships owned by ex-NFL stars lose Nissan, Kia franchisesAuto News

A dealership group facing lawsuits by two captive lenders over allegations of failing to repay millions of dollars in floorplan loans lost at least two of its franchises, while two other dealerships have now closed.

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Two former FCA executives, one ex-UAW official sentenced in scandalAuto News

Two former Fiat Chrysler Automobiles executives and a former UAW official were sentenced Wednesday to federal prison for their involvement in the $4.5 million UAW-Chrysler training center scandal.

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Democrat-Led House Expected to Focus on EVs (11/7/18)

Midterm elections: Democrats expected to focus on EVs; Hope for AV legislation?; Dealer winners;...
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How Hyundai Motor, once a rising star, lost its shine Auto News

Hyundai ran into problems in China and the U.S. for similar reasons: It missed shifts in consumer tastes, especially the surge in demand for SUVs, and it sought higher prices than it could command.

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BMW faces tough decision on crossover productionAuto News

BMW is considering building more crossovers in China as tariffs between the United States and China are expected to dent the German automaker's 2018 earnings by 300 million euros ($344 million).

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Delphi sees more headwinds in 2019Auto News

Delphi Technologies reported sharply lower net income for the third quarter, largely due to factors that hit other supplier results, especially an unexpected decline in sales in China.

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CDK Global names former Intel chief Brian Krzanich as CEOAuto News

Dealership software giant CDK Global said it hired former Intel boss Brian Krzanich to take over as CEO. Krzanich, 58, replaces Brian MacDonald, CDK's CEO since 2016. The move is effective immediately.

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What is China's Tencent doing with autonomous vehicles in California?Auto News

Chinese technology company Tencent is recruiting self-driving car engineers in Palo Alto, Calif., joining a crowded field of corporations vying for talent in the heart of Silicon Valley.

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Chrysler Capital originations rise amid buyout talksAuto News

Loan and lease originations at Santander Consumer USA's Chrysler Capital unit climbed in the third quarter as talks continue with Fiat Chrysler Automobiles about the automaker's plan to form its own finance arm.

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Hyundai puts $250 million in Grab in a bet on EV mobility eraAuto News

Hyundai agreed to invest an additional $250 million into Grab Holdings and sell a fleet of electric vehicles to the Singapore-based ride-hailing company as the automaker expands in mobility services.

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Chrysler Capital originations rise amid FCA buyout talksAuto News

Loan and lease originations by Santander Consumer USA's Chrysler Capital unit climbed in the third quarter as talks with Fiat Chrysler Automobiles about the automaker

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Election Shakeup: Auto Industry Winners, Losers (11/7/18)

Election shakeup: Auto industry winners, losers; BMW profit falls; Hyundai invests in Grab; VW...
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CDK Global names former Intel chief Brian Krzanich as CEOAuto News

Dealership software giant CDK Global said it hired former Intel boss Brian Krzanich to take over as CEO. Krzanich, 58, replaces Brian MacDonald, CDK's CEO since 2016. The move is effective immediately.

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CDK Global names former Intel chief Brian Krzanich as new CEO, replaces Brian MacDonaldAuto News

Dealership software giant CDK Global said it hired former Intel boss Brian Krzanich to take over as CEO. Krzanich, 58, replaces Brian MacDonald, CDK's CEO since 2016. The move is effective immediately.

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Rental-car satisfaction at record levels thanks to apps, J.D. Power findsAuto News

When it comes to the travel trio of airports, airlines and rental cars, the third member of the trio is the clear consumer favorite these days, according to a customer survey by J.D. Power.

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How midterm elections touched automotive politicsAuto News

For the first time since 2010, Democrats will control the U.S. House of Representatives after Tuesday's midterm elections. Republicans retained their majority in the Senate.

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midterms-election-democrats-republicans-trump-autosAuto News

For the first time since 2010, Democrats will control the U.S. House of Representatives after Tuesday's midterm elections. Republicans retained their majority in the Senate.

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Unsealed complaint: Wells Fargo execs knew auto insurance program was flawedAuto News

Wells Fargo executives were warned that an auto insurance plan could be overcharging customers four years before the bank scrapped the program, according to a complaint released by a judge.

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Lithium market 'problematic' on project delays, executive saysAuto News

The lithium industry's struggle to match booming demand for the rechargeable-battery ingredient is 'problematic' and will further tighten the market, according to a top lithium industry executive.

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VW takes another crack at compact pickup, in S. AmericaAuto News

The compact Tarok pickup "will soon" be offered in Brazil, VW said. The truck "has the potential to boost Volkswagen's model range in other global markets," the company said.

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Meet Wanfeng's Ailian ChenAuto News

She's little known in the U.S., but Ailian Chen, chairwoman of Wanfeng Auto Holding Group, is a high-profile communist achiever at home.

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BMW Q3 profit falls 27% amid U.S.-China trade tensionsAuto News

BMW reported a 27 percent drop in third-quarter operating profit to $2 billion amid currency headwinds, trade tensions and higher randd expenses.

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