2015年4月16日 星期四

Fiat 500X seeks to fill holes in Italian brand's lineupAuto News

With the 500X, a new crossover with optional all-wheel drive, Fiat hopes to make inroads in the snow belt. For $1,900, consumers can get awd in the 500X.



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U.S. House OK's bill to kill 'death tax'Auto News

The House of Representatives passed a bill to repeal the 40 percent tax applied on estates worth more than $5 million, which dealers have long complained could saddle their family members with huge tax bills should they die unexpectedly.



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Frank Audette, longtime Detroit area Cadillac dealer, dead at 90Auto News

Frank Audette, the creator of the Troy Motor Mall and founder of the former Audette Cadillac dealership in suburban Detroit, died April 10. He was 90.



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Where F-150 Matches Silverado (4/16/15)

Aluminum-bodied truck gets top crash rating; Magna’s $525M deal; a first for JLR; Fiat 500E...

from TumblrCynthia Lin

Chinese automakers are taking over the hottest SUV marketAuto News

After years of losing out to foreign brands, China's automakers are winning in the world's hottest SUV market by employing a tried-and-tested strategy: offering them cheap.



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Chinese conglomerate completes acquisition of Prestolite ElectricAuto News

Chinese conglomerate Zhongshan Broad-Ocean Motor has completed its acquisition of Michigan-based supplier Prestolite Electric LLC.



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Volkswagen extends Routan ignition-switch recallsAuto News

Volkswagen is recalling 20,676 Routan minivans with potentially faulty ignition switches. It is an extension of recalls for ignition-switch defects that replaced only detent plungers, instead of the full ignition switch.



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Chevy runs digital video ads in print Auto News

Chevrolet has purchased a series of print ads to show off digital videos promoting the Colorado pickup.



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Aluminum F-150 improves crash-test rating from all-steel predecessorAuto News

The aluminum-bodied Ford F-150 has earned a better government crash-test rating than its all-steel predecessor, countering any concerns that the lighter material would result in a weaker truck and eliminating one of the Chevrolet Silverado's...



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Magna to sell interiors unit to Grupo Antolin for $525 millionAuto News

Canadian auto supplier Magna has agreed to sell its interiors operations to Grupo Antolin, a Spanish supplier with global operations, in a deal valued at about $525 million, Magna said today in a statement.



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Toyota engineer doubts electric cars will spread even with rapid chargersAuto News

Battery-powered electric vehicles don't have a practical future as a long-range alternative to conventional cars even if technological breakthroughs allow them to be charged quickly, a top Toyota engineer said today.



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Fiat goes Dutch with first annual investor meeting in AmsterdamAuto News

After a century of meeting in Italy, Fiat shareholders will convene today in Amsterdam, swapping the company's Lingotto factory with its rooftop racetrack for a luxury hotel in the Dutch city's red light district.



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2015年4月15日 星期三

GM is shielded from some ignition-switch suits, ruling findsAuto News

General Motors will not have to face dozens of lawsuits accusing it of concealing an ignition-switch defect that has been blamed for more than 200 deaths and serious injuries, a federal bankruptcy judge ruled Wednesday.



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Cadillac Gives ELR a Jump (4/15/15)

Brand slashes price, boosts power of struggling Volt derivative; Toyota’s Mexico plans;...

from TumblrCynthia Lin

Hyundai may add Mexico plant as local auto sales increaseAuto News

Hyundai may build a factory in Mexico once the company's domestic auto sales rise, joining affiliate Kia Motors in Latin America's top vehicle-producing market, a top Mexican executive said Tuesday.



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GM launches software that flags recalled vehicles on dealer lotsAuto News

General Motors is rolling out new software this month for dealerships to make it harder for them to mistakenly sell a new vehicle that's subject to a recall, without first performing the recall work as required.



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Dealership gross profits see bigger impact from FandI Auto News

The average dealership gained more from FandI last year, even though retailers' overall sales penetration for products such as extended service contracts and GAP dropped a fraction of a percentage point. On average, FandI accounted for 39.



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Tesla awaits OK from governor to sell directly in MarylandAuto News

Tesla will be granted up to four licenses in Maryland if the governor signs a bill supported by the Maryland Automobile Dealers Association.



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New Black Book exec looks to help dealers close loans, leases fasterAuto News

Barrett Teague, Black Book's new vice president of lender solutions, says dealership FandI managers are never far from his mind. In part that's because he's been an FandI manager himself. Teague, 43, joined Black Book on April 6.



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FCA sale of Ferrari stake unlikely to exceed 10% after all Auto News

Fiat Chrysler does not expect to sell more than 10 percent of Ferrari in a planned initial public offering, CEO Sergio Marchionne said today, in a change of heart from a month ago.



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