Canada labor deals may only slow the bleedingAuto News

The roughly $900 million Canadian in investment commitments that Unifor has secured from the Detroit 3 thus far might not be enough to fully reverse the long-term trend of auto manufacturing jobs leaving Canada, labor experts say.

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Toyota aims to assist, not replace, driversAuto News

Toyota is in no hurry to join the auto industry's stampede to launch fleet tests of Google-style self-driving taxis.

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Japan Inc. gets serious about cybersecurityAuto News

Japan's carmakers are still seen as slow to adapt to the vulnerabilities of connected cars. But with the advent of autonomous driving just over the horizon, Japan Inc. is finally getting serious about cybersecurity.

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CarMax's certification check list fails Calif. law, court rulesAuto News

A federal appeals court in California ruled that CarMax's component inspection checklist violates a California statue that requires dealers to provide consumers a 'completed inspection report' prior to the sale of any certified used...

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Sports Cars Slump as Boomers Age (10/21/16)

Sports-car sales slumping as boomers age; Audi diesel buyback plan?; Ford, Jaguar Land Rover test...
from TumblrCynthia Lin

Faraday falls behind on plant construction billsAuto News

A construction firm working on Faraday Future's $1 billion Nevada factory has warned the electric-car startup that it could face a work stoppage over millions of dollars in unpaid bills, raising questions about Faraday's financial condition.

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Audi to buy back 25,000 Q7 diesel SUVs in U.S., report saysAuto News

Audi plans to buy back 25,000 Q7 diesel engine SUVs in the U.S. to compensate owners whose cars do not meet exhaust emission standards, German weekly Der Spiegel reported today.

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The only thing on Autopilot at Tesla is hypeAuto News

We should celebrate that Tesla has taken another step toward eventual autonomy. But the company's statements should be dialed back to reflect only what the technology is capable of.

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Audi to buy back 25,000 diesel models in U.S., report saysAuto News

Audi plans to buy back 25,000 diesel engine cars in the U.S. to compensate owners whose cars do not meet exhaust emission standards, German weekly Der Spiegel reported today.

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Baby boomers swap Corvettes for comfort as U.S. sports-car sales fallAuto News

Baby boomers are starting to outgrow their midlife crisis years, and that's bad news for automakers who want to sell sports cars.

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11th U.S. death related to Takata airbags reported by HondaAuto News

U.S. regulators and American Honda have confirmed the 11th U.S. fatality linked to a ruptured Takata airbag inflator.

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11th death related to Takata airbags reported by HondaAuto News

U.S. regulators and American Honda have confirmed the 11th U.S. fatality linked to a ruptured Takata airbag inflator.

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Tesla says it will roll out Uber-style ride services programAuto News

Tesla Motors is planning to roll out a ride services program and will announce details next year, the luxury electric vehicle maker said on its website, a service first outlined by CEO Elon Musk in his master plan in July.

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Toyota's Corolla hits 50Auto News

On this day 50 years ago, Toyota sent out this press release: "The Toyota Corolla is a five-passenger vehicle from Japan that is positioned as the andlsquo;most accessible carandrsquo; in the market.

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Subaru prices redesigned 2017 Impreza $100 above outgoing carAuto News

Subaru, in a sign of ongoing weakness in the U.S. car market, is pricing the redesigned 2017 Impreza sedan and five-door just $100 above the outgoing 2016 model, despite a larger footprint and additional safety and communications equipment.

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Big Players, Big Opportunities (10/20/16)

Big players, big opportunities: Why Ghosn’s betting on Mitsu; Geely takes stab at...
from TumblrCynthia Lin

Hyundai recalls 62,811 Sonatas for loose sunroofs Auto News

Hyundai Motor America is recalling 62,811 Sonata sedans from the 2015-16 model years because the panoramic sunroof can come loose from the car and fall into traffic.

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Gentex posts 18% gain in Q3 net incomeAuto News

Mirror and electronics supplier Gentex saw its third-quarter net income climb 18 percent to $92.1 million as sales at its automotive unit increased.

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Lithia&'s Q3 net rises 25 percent on broad revenue gainsAuto News

Lithia's third-quarter net income rose 25 percent from a year earlier to $54 million, as revenue rose 8.9 percent to a third-quarter record $2.27 billion, the company said today.

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Dana Q3 net income drops to $57 millionAuto News

Dana, the longtime supplier of various drivetrain components, today reported net income of $57 million in the third quarter, down 52 percent from the year-earlier period as sales from its commercial-vehicle units fell again.

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