Automotive News Breaking News Feed http://www.autonews.com News and commentary from the leader in North American automotive news en-us Fri, 20 Jul 2018 06:00:00 EST http://www.autonews.com/assets/png/AN-LOGO-breaking-news.png autonews.com http://www.autonews.com/section/news 250 40 Automotive News is the leading source of news about the global automotive industry Ross says it's 'too early' to say if U.S. will impose auto tariffs http://www.autonews.com/article/20180719/RETAIL/180719759/trump-tariff-ross-europe-politics Thu, 19 Jul 2018 09:25:45 EST Commerce Secretary Wilbur Ross said it was "too early" to say if the United States would impose tariffs of up to 25 percent on imported cars and parts. Auto industry tells Commerce Dept. to ditch tariff proposal http://www.autonews.com/article/20180719/RETAIL/180719769/auto-industry-tells-commerce-dept-to-ditch-tariff-proposal Thu, 19 Jul 2018 00:20:38 EST A wide spectrum of auto interests, armed with the latest impact studies, warned at a Commerce Department hearing Thursday that raising auto tariffs would severely harm the industry and consumers. Why a Japan conglomerate is spending $1.1 billion to buy a Tier 2 interiors supplier http://www.autonews.com/article/20180719/OEM10/180719760/asahi-acquires-sage-automotive-interiors Thu, 19 Jul 2018 08:56:45 EST Asahi Kasei, as part of a long-term strategy to triple its automotive business, said it plans to acquire U.S. interiors supplier Sage Automotive Interiors in a deal valued at $1.1 billion. Iron Man edition unveiled for Hyundai Kona http://www.autonews.com/article/20180719/RETAIL03/180719757/hyundai-kona-iron-man-edition-unveiled Thu, 19 Jul 2018 15:00:00 EST Hyundai is extending its Marvel collaboration with a special Iron Man edition of the Kona subcompact crossover. The version is scheduled to be unveiled Thursday at Comic-Con in San Diego. Fiat Chrysler prepares for Magneti Marelli spinoff http://www.autonews.com/article/20180719/OEM10/180719748/fiat-chrysler-spinoff-magneti-marelli-marchionne Thu, 19 Jul 2018 14:55:01 EST Fiat Chrysler has kicked off its planned spinoff of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, Reuters reported. Tesla's battery maker suspends cobalt supplier amid sanctions concern http://www.autonews.com/article/20180719/OEM10/180719750/tesla-musk-supplier-cobalt-cuba-suspended Thu, 19 Jul 2018 14:41:59 EST Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions. Vietnam's Vinfast will unveil Italian-designed SUV and sedan http://www.autonews.com/article/20180719/COPY01/307199968/vinfast-paris-auto-show-future-product Thu, 19 Jul 2018 03:36:29 EST Vietnamese automaker Vinfast will use the Paris auto show to raise its global profile by unveiling two production-ready models, designed by Italy's Pininfarina. Actor Mark Wahlberg buys Chevy dealership in Ohio http://www.autonews.com/article/20180719/RETAIL07/180719752/mark-wahlberg-chevy-dealer-ohio Thu, 19 Jul 2018 14:00:00 EST Hollywood star Mark Wahlberg, known for both hit movies and his entrepreneurial efforts in the restaurant and nutrition supplements industries, is getting into the car business. Audi CEO Stadler appeals to court for release from German jail http://www.autonews.com/article/20180719/COPY01/307199960/audi-ceo-stadler-seeks-prison-release Thu, 19 Jul 2018 07:41:04 EST Audi's suspended CEO Rupert Stadler has appealed to a court to be released from custody after spending the past month in jail. Visit by EU officials will focus on car tariffs, Trump says http://www.autonews.com/article/20180719/COPY01/307199970/trump-tariffs-europe-negotiations-planned Thu, 19 Jul 2018 03:11:03 EST President Donald Trump cited car tariffs as "the big one" among U.S.-EU trade irritants. He said the U.S. has tremendous powers if the EU does not bring a "fair" offer to Washington next week. Volvo expects record full-year sales despite trade tensions http://www.autonews.com/article/20180719/COPY01/307199990/volvo-expects-record-full-year-sales-despite-trade-tensions Thu, 19 Jul 2018 01:13:19 EST Volvo said it was on track for a fifth consecutive year of record vehicle sales despite rising trade tensions after second-quarter operating profit rose 29 percent to 4.2 billion Swedish crowns ($474 million). 2018 Volvo XC60 output for U.S. shipped from China to Europe to avoid Trump's tariffs http://www.autonews.com/article/20180719/COPY01/307199969/volvo-xc60-production-europe-china Thu, 19 Jul 2018 03:50:01 EST Volvo is shifting XC60 production for the U.S. market to Europe from China to avoid Washington's new tariffs on Chinese imports. Marchionne, recovering from surgery, may miss FCA's Q2 earnings call http://www.autonews.com/article/20180718/OEM02/180719772/marchionne-surgery-may-miss-earnings-call Wed, 18 Jul 2018 16:51:21 EST Fiat Chrysler Automobiles CEO Sergio Marchionne likely will miss the automaker's planned July 25 announcement of its second-quarter earnings as he recovers from recent surgery, according to an Italian media report. GM claims mural is an 'architectural work' in copyright infringement case http://www.autonews.com/article/20180718/RETAIL03/180719773/gm-claims-mural-is-an-architectural-work-in-copyright-infringement Wed, 18 Jul 2018 16:38:38 EST GM, fighting a lawsuit claiming it unlawfully used an outdoor mural in its advertising, contends that since the mural is painted on an "architectural work," the automaker cannot be held liable for copyright infringement. U.S. tariffs may raise cost of insurance, parts; car thefts could rise http://www.autonews.com/article/20180718/RETAIL/180719771/u-s-tariffs-may-raise-cost-of-insurance-parts-car-thefts-could-rise Wed, 18 Jul 2018 17:25:39 EST A threat by the government to impose tariffs of up to 25 percent on imported auto parts could hit American consumers in unexpected ways: higher repair and insurance costs along with the theft of more cars for their parts, the industry said. Penske to install Reynolds' docuPAD in 130 U.S. stores http://www.autonews.com/article/20180718/FINANCE_AND_INSURANCE/180719781/penske-to-install-reynolds-docupad-in-130-u-s-stores Wed, 18 Jul 2018 11:06:33 EST Penske Automotive Group will install Reynolds and Reynolds Co.'s docuPAD systems in its new-vehicle stores in the U.S., deepening its relationship with Reynolds. Brose expects $5 million in costs this year from Trump's tariffs http://www.autonews.com/article/20180718/OEM10/180719770/trump-tariffs-brose-supplier Wed, 18 Jul 2018 17:29:14 EST Brose Group CEO Kurt Sauernheimer and Brose North America President Frank Lubischer talked tariffs, technology production and emissions with reporters Wednesday. Continental prepares IPO for powertrain unit in mid-2019 http://www.autonews.com/article/20180718/COPY01/307189962/continental-ipo-restructuring-wall-technology Wed, 18 Jul 2018 10:11:43 EST Continental AG, the world's fourth-largest auto supplier, is moving ahead with an initial public offering of its powertrain unit and new corporate structure in the company's biggest overhaul in decades. Trump may cut trade deal with Mexico before Canada http://www.autonews.com/article/20180718/OEM01/180719774/trump-trade-deal-mexico-before-canada Wed, 18 Jul 2018 15:26:21 EST President Donald Trump said he may prioritize a bilateral trade deal with Mexico over Canada and that he's building a good rapport with Mexican President-elect Andres Manuel Lopez Obrador. U.S. audit blasts NHTSA for its handling of recalls, Takata airbags http://www.autonews.com/article/20180718/OEM11/180719776/nhtsa-audit-safety-takata-faulted Wed, 18 Jul 2018 13:33:37 EST A government audit faulted NHTSA's oversight of auto recalls and said the agency's 'delayed action' may have hindered the callbacks of vehicles with defective Takata airbags. Tesla drivers in Germany told to return $4,650 subsidy http://www.autonews.com/article/20180718/COPY01/307189981/tesla-musk-drivers-germany-subsidy Wed, 18 Jul 2018 05:49:25 EST Hundreds of German Tesla Model S drivers have been ordered to pay back a 4,000-euro ($4,650) EV subsidy after a government agency deemed their luxury cars too expensive to qualify for the program. Hyundai launches digital showroom on Amazon http://www.autonews.com/article/20180718/RETAIL03/180719787/hyundai-launches-digital-showroom-on-amazon Wed, 18 Jul 2018 09:00:00 EST Hyundai has launched a digital showroom on the Amazon Vehicles research hub, the first automaker to create such a page on the massive shopping site. 2019 Ford Edge ST will start at $43,350, top out at $52,000 http://www.autonews.com/article/20180718/RETAIL/180719778/ford-edge-crossover-pricing-sport-trim Wed, 18 Jul 2018 12:12:30 EST Ford's upcoming 2019 Edge ST -- the automaker's first crossover to carry a performance badge -- will cost about $1,500 more than the outgoing Edge Sport trim it replaces. Aston Martin's 'sports car for the skies' http://www.autonews.com/article/20180718/COPY01/307189959/aston-martins-sports-car-for-the-skies Wed, 18 Jul 2018 09:18:43 EST Aston Martin designed and engineered a futuristic personal aircraft it has dubbed "a sports car for the skies." Thyssenkrupp moves toward possible breakup as CEO, chairman depart http://www.autonews.com/article/20180718/COPY01/307189958/thyssen-krupp-restructuring-management Wed, 18 Jul 2018 05:07:56 EST Thyssenkrupp -- a key supplier of automotive steel -- could be moving closer toward breaking up after its CEO and chairman both resigned in opposition to the proposed split of the conglomerate. Ford Fusions, Escapes recalled for rollaway risk http://www.autonews.com/article/20180718/OEM11/180719785/ford-fusion-rollaway-risk-recall Wed, 18 Jul 2018 09:46:28 EST Ford is recalling nearly 550,000 2013-16 Fusion sedans and 2013-14 Escape crossovers for a potential rollaway risk because of faulty shifter cable bushings. Chevy enters viral video list with 'New Couple' http://www.autonews.com/article/20180718/VIRALVIDEO/307199999/chevy-real-people-not-actors-viral-video Wed, 18 Jul 2018 00:01:00 EST Chevrolet edges its way onto our viral video chart this week at No. 9 with "New Couple," the latest in its series of "real people, not actors" commercials. Musk apologizes to British diver for words 'spoken in anger' http://www.autonews.com/article/20180718/OEM02/180719788/elon-musk-apology-diver-pedophile Wed, 18 Jul 2018 06:15:36 EST Elon Musk apologized to one of the rescuers of the Thai youth soccer team, British diver Vern Unsworth, after the Tesla CEO labeled him a pedophile in a now-deleted Twitter post. PSA Group eyes 15 possible states for sales http://www.autonews.com/article/20180717/RETAIL01/180719795/psa-group-eyes-15-possible-states-for-sales Tue, 17 Jul 2018 16:38:41 EST PSA Group has narrowed to 15 states its top picks as possible points of entry for U.S. sales as the French carmaker continues to develop its return to North America. Automakers unite to oppose tariffs but worry administration has mind made up http://www.autonews.com/article/20180717/RETAIL01/180719797/automakers-unite-to-oppose-tariffs-but-worry-administration-has-mind Tue, 17 Jul 2018 16:08:23 EST The auto industry plans a full-court press this week to inform Congress about how the Trump administration is unfairly exploring possible light-vehicle tariffs, and whether the White House is abusing its trade authority. Sonic warns of earnings hit on 'lower' BMW, Honda spiffs http://www.autonews.com/article/20180717/RETAIL07/180719793/sonic-warns-of-earnings-hit-on-lower-bmw-honda-spiffs Tue, 17 Jul 2018 20:41:56 EST The country's fifth-largest dealership group said lower manufacturer-to-dealer incentives will dampen second-quarter and full-year profits, with continued margin pressure expected on Honda and BMW sales in the third quarter. AutoGravity CEO Andy Hinrichs departs http://www.autonews.com/article/20180717/RETAIL/180719807/autogravity-ceo-andy-hinrichs-departs Tue, 17 Jul 2018 12:26:31 EST AutoGravity co-founder and CEO Andy Hinrichs has left the company to pursue other opportunities. He will be replaced by Alex Mallmann, former head of Mercedes-Benz Auto Finance China. EPA's new chief to meet California regulator over emissions, mpg goals http://www.autonews.com/article/20180717/OEM11/307179959/epas-new-chief-to-meet-california-regulator-over-emissions-mpg-goals Tue, 17 Jul 2018 14:49:20 EST California's top air-quality official will meet with the EPA's new acting chief on Tuesday, the first meeting between two regulators who disagree over the Trump administration's plan to weaken light-vehicle fuel efficiency regulations. Bridge promises new trade gateway for automakers in U.S., Canada http://www.autonews.com/article/20180717/OEM01/180719800/trump-tariff-canada-bridge-construction Tue, 17 Jul 2018 15:17:40 EST The groundbreaking for a major bridge between Canada and the U.S. signaled the beginning of a project that will ultimately open a new gateway for automotive trade between the countries. How to fix Tesla's woes: Reach out to Detroit http://www.autonews.com/article/20180717/BLOG06/180719809/how-to-fix-teslas-woes-reach-out-to-detroit Tue, 17 Jul 2018 12:15:00 EST One way Tesla can fix its myriad production woes is to hire retired automotive manufacturing engineers to overhaul its troubled California assembly plant. Europe seeks talks with Trump over auto tariffs, report says http://www.autonews.com/article/20180717/RETAIL/307179962/europe-seeks-talks-with-trump-over-auto-tariffs-report-says Tue, 17 Jul 2018 13:49:20 EST European Commission President Jean-Claude Juncker will meet President Trump in Washington next week to explore the possibility of starting negotiations on reducing car tariffs for several key trade partners, Bloomberg reported, citing people with... Subaru's redesigned '20 Legacy spotted http://www.autonews.com/article/20180717/OEM04/180719808/subaru-legacy-spy-photos-redesigned Tue, 17 Jul 2018 12:19:41 EST The redesigned 2020 Subaru Legacy is poised to be the next model designed and engineered off the brand's new global platform. Acura adds A-Spec package to MDX for 2019 http://www.autonews.com/article/20180717/OEM04/180719806/acura-adds-a-spec-package-to-mdx-for-2019 Tue, 17 Jul 2018 12:27:21 EST Acura is making several updates and offering a new A-Spec trim package on the MDX crossover for 2019. The changes are fairly minor -- new interior trim wood, standard four-way power lumbar adjustments for the front seats and five new exterior colors. Tesla Model 3 critic flips view, sees possible 30% profit margin http://www.autonews.com/article/20180717/RETAIL/180719816/tesla-earnings-musk-manufacturing Tue, 17 Jul 2018 07:26:31 EST The rollout of Tesla's Model 3 electric sedan over the last year was plagued by delays and doubts over whether it could ever be profitable. Now, one of the car's early critics has changed his view. VW Group names Porsche exec as strategy chief http://www.autonews.com/article/20180717/COPY01/307179982/vw-group-names-porsche-exec-as-strategy-chief Tue, 17 Jul 2018 00:01:00 EST Volkswagen AG named Porsche executive Juergen Rittersberger as its new head of strategy. He replaces Thomas Sedran, who will lead the group's commercial vehicles division. Self-driving bill critics oppose maneuver to clear Senate http://www.autonews.com/article/20180717/MOBILITY/180719817/autonomous-bill-congress-politics Tue, 17 Jul 2018 07:13:05 EST Safety and consumer advocates are urging senators to reject a parliamentary maneuver to secure passage for stalled legislation governing self-driving cars. Mobiliti acquires subscription service Condor Detroit http://www.autonews.com/article/20180717/RETAIL07/180719818/mobiliti-acquisition-subscription-dealers Tue, 17 Jul 2018 06:51:56 EST In a push to expand its subscription offerings as it makes its foray into Michigan, app-based Mobiliti has acquired subscription service Condor Detroit. U.S. online travel giant invests $500 million in China's Didi http://www.autonews.com/article/20180717/MOBILITY/180719820/didi-gets-500-million-investement-booking Tue, 17 Jul 2018 06:23:16 EST Chinese ride-hailing app Didi has received a $500 million investment from U.S. travel firm Booking Holdings, in a boost for its aggressive plan to enter new markets outside of China. BMW gets right for potential stake in Chinese battery giant http://www.autonews.com/article/20180717/COPY01/307179983/bmw-china-electric-battery-investment Tue, 17 Jul 2018 03:45:26 EST BMW is the first overseas automaker to get a potential toehold in Chinese electric-car battery maker Contemporary Amperex Technology, with rights to invest as much as $427 million. GM discontinues Chevrolet City Express van http://www.autonews.com/article/20180716/RETAIL/180719831/chevy-discontinues-city-express-van Mon, 16 Jul 2018 14:28:48 EST General Motors has dropped the Chevrolet City Express, a small work van, which the automaker has marketed under a partnership with Nissan since 2014. Denny Hecker: A changed man? http://www.autonews.com/article/20180716/RETAIL07/180719850/denny-hecker-video-prison-release-book Mon, 16 Jul 2018 00:01:00 EST The onetime Minneapolis car-dealing kingpin, whose over-the-top lifestyle and spectacular fall in the wake of the Great Recession shattered lives and left him with a mountain of debt, is free -- and he's talking. Elon Musk's twitter battle prompts drop in Tesla stock http://www.autonews.com/article/20180716/OEM02/180719832/musk-tesla-shares-decline-after-tweets Mon, 16 Jul 2018 14:06:23 EST Even after admonishing himself for engaging with detractors on Twitter, Elon Musk was at it again this weekend. Ford's Fusion nameplate will outlive sedan http://www.autonews.com/article/20180716/OEM03/180719851/fusion-nameplate-will-outlive-sedan Mon, 16 Jul 2018 00:01:00 EST Despite plans to kill the Fusion midsize sedan in the U.S. next year, the automaker will keep the Fusion name alive. Just not as a sedan. Chevrolet's New Roads Magazine looks at origins of the Blazer http://www.autonews.com/article/20180716/RETAIL/180719853/chevrolet-blazer-general-motors-crossover Mon, 16 Jul 2018 00:01:00 EST Chevrolet's owners magazine looks back at the origins of the Blazer with last month's unveiling of a 2019 version as a midsize crossover. Ex-Apple engineer pleads not guilty in trade secret theft case http://www.autonews.com/article/20180716/OEM06/180719827/ex-apple-engineer-pleads-not-guilty-in-trade-secret-theft-case Mon, 16 Jul 2018 18:10:05 EST A former Apple engineer charged with stealing driverless car secrets for a Chinese startup pleaded not guilty in federal court in San Jose, Calif.