Average U.S. fuel economy drops slightly in AugustAuto News

The average fuel economy for new cars and light trucks sold in August was 25.3 mpg, down 0.1 mpg from July, the University of Michigan Transportation Research Institute said in a report.

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Why Unifor picked a fight with GMAuto News

Unifor certainly isn't taking the easy way out. In selecting General Motors on Tuesday as its target company for pattern negotiations, the union is setting itself up for a fight as the Sept. 19 deadline approaches.

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Man killed in Tesla Model S crash in the NetherlandsAuto News

A 53-year-old man was killed in a Tesla Model S crash Wednesday morning in Baarn, Netherlands, according to reports from Dutch media.

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VW's Goel rises to top U.S. aftersales postAuto News

Volkswagen Group of America has named a new aftersales chief for the VW and Audi brands in the U.S. Effective Oct. 16, Anu Goel, 53, will take over as executive vice president of group aftersales and services at VW Group of America.

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Cars.com to spin off from TegnaAuto News

Tegna Inc., the broadcaster once part of Gannett, will spin off auto-sales website Cars.com and is evaluating a sale of its CareerBuilder job-hunting unit. Alex Vetter, a longtime Cars.com executive, will lead the independent company as CEO.

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Nissan's campaign again highlights vehicles and football's bestAuto News

Nissan's humorous 'Heisman House' returns for its 6th year.

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Bosch sought VW legal cover for defeat device in 2008, plaintiffs chargeAuto News

Robert Bosch GmbH demanded eight years ago that Volkswagen indemnify it for using the emissions-cheating defeat device that it helped the automaker create for its diesel engines, U.S.

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Cadillac retail plan draws another challenge; global sales surge in AugustAuto News

The nation's largest state dealer association has urged Cadillac to delay its Project Pinnacle incentive program, arguing that the plan will hurt dealers and violate at least eight California franchise laws.

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GM Presents ‘Largest Challenges,’ Unifor Says (9/6/16)

GM presents ‘largest challenges,’ Unifor says; Midsize-sedan sales misery; Genesis hits the studio;...
from TumblrCynthia Lin

GM Presents ‘Largest Challenges,’ Unifor Says (9/6/16)

GM presents ‘largest challenges,’ Unifor says; Midsize-sedan sales misery; Genesis hits the studio;...
from TumblrCynthia Lin

Icahn to buy remaining shares of Federal-Mogul in $281 million dealAuto News

Billionaire investor Carl Icahn is buying the remaining shares of auto supplier Federal-Mogul in a deal valued at about $281 million.

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Ecclestone could stay on if $8.5 billion F1 sale proceeds, reports sayAuto News

A takeover of Formula One by Liberty Media, rumored to be imminent, could be good news for the sport, but CEO Bernie Ecclestone is likely to remain at the helm of the series for some time yet, according to various reports.

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Market share for subprime auto lending declined in Q2Auto News

Subprime loan share is declining despite chatter around a subprime bubble, Experian said today in its second-quarter State of the Automotive Finance Market report. Subprime and deep subprime share of new and used loans and leases dropped to 22.

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GM selected as target of labor talks with Canada's UniforAuto News

Unifor selected General Motors as its target company as it continues negotiations with the automakers, less than two weeks before its four-year labor contracts expire.

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VW buys 17% Navistar stake; full merger is possibleAuto News

Volkswagen has agreed a wide-ranging technology and purchasing deal with U.S. truck maker Navistar in exchange for a 16.6 percent stake, an alliance forged in part by the need to meet stringent emissions regulations.

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VW buys Navistar stake to gain U.S. heavy-truck market footholdAuto News

Volkswagen said it will buy a 16.6 percent stake in Navistar International for $256 million as part of a strategic alliance with the struggling U.S. truckmaker to enter the North American market.

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GM settles final 2 bellwether cases over defective ignition switchesAuto News

GM said it settled the last two so-called bellwether cases stemming from a faulty ignition switch linked to 124 deaths and 275 injuries.

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General Motors settles 2 ignition-switch casesAuto News

General Motors said Monday it settled the remaining two ignition-switch cases for an undisclosed amount in a series of six test trials over the defect. The remaining trials were scheduled for this year in federal district court in New York.

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Volkswagen to take 19.9% stake in Navistar, report says Auto News

VW's trucks division is close to announcing a partnership with rival Navistar, three sources told Reuters, in the latest example of a deal driven by emissions regulations. Volkswagen has agreed to supply engines to Navistar in exchange for a 19.

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China carmakers urge foreign ownership cap to remain for 5 yearsAuto News

China should keep the 50 percent cap on foreign ownership in local passenger-vehicle joint ventures for at least another five to eight years to ensure Chinese carmakers are ready for full-fledged competition, according to the country's state-backed...

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