CarMax, consumer groups spar over recall repair responsibilityAuto News

When a consumer wants to buy a used vehicle with an unfixed safety recall from a CarMax store, who should be responsible for making sure the problem gets fixed?

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GM to invest $356.4 million in 3 Mich. plantsAuto News

General Motors plans to spend $1 billion at Michigan plants over the next 15 years.Details on roughly a third of the $1 billion investment, announced today by GM, will go toward plants in Flint, Saginaw and Grand Rapids

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At Exeter Finance, Anderson out as CEO, Floyd back in Auto News

Exeter Finance CEO Thomas Anderson has resigned to 'pursue other interests,' the company said. Mark Floyd, the subprime specialist lender's former CEO, will serve as interim CEO.

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GM to invest $1 billion in Michigan by 2030Auto News

General Motors plans to spend $1 billion at Michigan plants over the next 15 years.Details on roughly a third of the $1 billion investment, announced today by GM, will go toward plants in Flint, Saginaw and Grand Rapids

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NHTSA said to seek voluntary recall, cybersecurity reforms from automakersAuto News

U.S.

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Bosch role in VW diesel scandal reviewed by German prosecutorsAuto News

Prosecutors in Stuttgart said they are investigating whether Robert Bosch employees helped Volkswagen AG rig software to cheat on emissions tests.

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Subaru, Lexus top brands for projected resale value, says KBBAuto News

Subaru today was named Kelley Blue Book's best brand for projected resale value for the 2016 model year, while Lexus won the same award for luxury brands.

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Hyundai chairman says outlook for 2016 global auto market 'not bright'Auto News

The outlook for the global auto market is "not bright" next year, Hyundai Motor Group Chairman Chung Mong-koo said today, indicating 2016 will be another challenging year for the world's fifth-largest automaker.

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Porsche 911 faces off against 911Auto News

In Porsche's "Compete," the luxury automaker pits pros against... themselves.

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Plastic Omnium agrees to buy Faurecia's auto exteriors parts unit for $732 millionAuto News

Plastic Omnium, in a consolidation among French auto suppliers, said today it agreed to acquire Faurecia's automotive exteriors business in a transaction valued at 665 million euros ($732.4 million).

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Detroit 3 Leaning Less on Rental (12/14/15)

Rental sales rise among Asian carmakers, Detroit pulls back; GM losing quality chief; Hyundai, Kia...
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Nexteer's new tentative pact bumps up wages, reduces health care costsAuto News

A new tentative labor deal between Nexteer Automotive and the UAW secured higher wage gains for most workers and scrapped a controversial health care provision that was a major factor in the previous deal's overwhelming rejection and subsequent...

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GM quality chief Grace Lieblein to retire at end of monthAuto News

Grace Lieblein, GM's vice president of global quality and a key player in GM's bid to improve its supplier relations in recent years, will retire at the end of the month.

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Porsche 911 ad pits the best against the best Auto News

What happens when the greatest faces off against himself in the ring? That's what Porsche tries to find out in a new commercial for the 2017 911 sports car featuring the likeness of a young Muhammad Ali lacing up against himself.

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CDK says Anenen stepping down as CEO; Brian MacDonald named successorAuto News

CDK Global CEO Steven Anenen will step down from his role at the dealer software provider by June 30, the company said.

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Lear, other suppliers target Detroit industrial park for new operationsAuto News

Lear plans to double down on its investment in Detroit by establishing a new manufacturing plant in the next two years, joining a city-led effort to create a hub with at least four other automotive suppliers.

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Who is having a worse year -- VW or Chipotle?Auto News

As 2015 fades to black, Volkswagen and Chipotle probably wish they could get a do-over. Both brands suffered through PR crises this year that have taken a serious toll on consumer perception. But which company fared worse?

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Dow CEO's ouster sought following DuPont merger agreement, report saysAuto News

Dan Loeb, the founder of hedge fund Third Point, is calling for the removal of Dow Chemical CEO Andrew Liveris, days after the company agreed to combine with DuPont in the largest-ever chemicals merger, a person familiar with the matter told...

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Hyundai, Kia will pay Paice to end case over hybrid enginesAuto News

Hyundai and Kia have agreed to pay royalties to a Baltimore company to end a patent-infringement fight over hybrid engines.

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VW to add flat batteries in bid to expand range of EVsAuto News

Volkswagen AG is preparing to integrate flat batteries into future cars as the German manufacturer plans to boost its electric-vehicle lineup following its emissions manipulation scandal.

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