AutoNation Inc.'s largest shareholder, Edward Lampert, continues to reduce his stake in the nation's biggest dealership group. While he remains AutoNation's top shareholder, it's no longer by a lot.
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2015年6月12日 星期五
U.S. slaps duties on Chinese tires for cars, light trucksAuto News
The United States on Friday imposed duties on certain car and light truck tires imported from China after finding they were being dumped at below-market value and unfairly subsidized by Beijing.
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GM to Cut Sonic, Verano Output (6/12/15)
GM to cut Sonic, Verano output amid weak sales; Toyota’s plan to speed innovation; Ford GT...
from TumblrCynthia Lin
from TumblrCynthia Lin
2015 Automotive Hall of Fame inductees namedAuto News
The Automotive Hall of Fame will induct four industry leaders at its 2015 ceremony in Detroit on Thursday, July 23.
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Honda confirms 7th death from Takata airbagsAuto News
American Honda confirmed today that a Takata airbag explosion was behind the April death of a Louisiana woman, bringing the number of deaths linked to defective airbags from Takata to seven.
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Ford returns to Le Mans race in 2016 with GT supercarAuto News
Ford will return to endurance racing next year as it celebrates the 50th anniversary of its historic top-three sweep in the 1966 24 Hour of Le Mans.
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GM to cut Chevy Sonic, Buick Verano production amid weak salesAuto News
General Motors plans to cut Chevrolet Sonic and Buick Verano production by more than 20 percent and lay off about 100 workers -- the latest result of slowing U.S. demand for small cars.
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Honda will take further charges of $363 million for Takata airbag recallsAuto News
Honda said it would restate its financial results for the last business year, to account for $363 million in additional costs to pay for an expanded recall of cars equipped with Takata airbag parts.
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Hyundai, Kia cut output in South Korea after sales declineAuto News
Hyundai and its affiliate Kia are reducing production after sales fell at the two Korean carmakers.
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Honda will take another $363 million charge for Takata airbag recallsAuto News
Honda said it would restate its financial results for the last business year, to account for $363 million in additional costs to pay for an expanded recall of cars equipped with Takata airbag parts.
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FCA says 2015 Alfa Romeo 4C Spider starts at $65,495Auto News
Pricing for the 2015 Alfa Romeo 4C Spider will start at $65,495, with U.S. sales of the hand-built convertible expected to begin in August, Fiat Chrysler Automobiles said today.
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Toyota launches $126 million randd expansion in MichiganAuto News
Toyota broke ground today on the $126 million expansion of its Technical Center in Michigan. The expansion includes a new prototype facility for vehicle development, additions to the powertrain development facility and a supply center.
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2015年6月11日 星期四
Serra Nissan faces civil suit in U.S. court in Ala. Auto News
Serra Nissan in Birmingham, Ala., is facing more legal problems, this time in civil court. An Alabama couple is suing the dealership alleging it was involved in a criminal enterprise when they bought a car there.
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Marchionne Back on the Hunt? (6/11/15)
After GM rebuff, Marchionne said to look elsewhere; Ford won’t build Continental in Chicago;...
from TumblrCynthia Lin
from TumblrCynthia Lin
CarMax criticized for selling cars with open recallsAuto News
CarMax is under attack from consumer activist groups in California after a study found vehicles with open safety recalls for sale at two of its stores in the state.
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Daimler steps up savings efforts to close gap with rivalsAuto News
German carmaker Daimler said today it will step up cost-cutting efforts as it wants to see its premium Mercedes-Benz brand catch up with more profitable rivals Audi and BMW.
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Ford to move Lincoln production to free up Explorer capacityAuto News
Ford won't build the 2017 Lincoln Continental at the same plant that currently makes the MKS sedan, freeing up some capacity to build more of the hot-selling Explorer, the company said today.
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NHTSA 5-star ratings would include crash-avoidance tech under billsAuto News
Crash-avoidance technologies would be included in the National Highway Traffic Safety Administration's five-star vehicle safety ratings if a bipartisan measure becomes law.
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Toyota execs launch $126 million randd expansion in MichiganAuto News
Toyota is breaking ground today on the $126 million expansion of its Technical Center in Michigan. The expansion includes a new prototype facility for vehicle development, additions to the powertrain development facility and a supply center.
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Marchionne mulls 'Plan B' partners after GM rejection, report saysAuto News
Fiat Chrysler Automobiles CEO Sergio Marchionne is looking at other automakers as merger candidates as the chances of striking a friendly deal with General Motors dwindle, people familiar with the matter told Bloomberg.
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