Automotive News Breaking News Feed http://www.autonews.com News and commentary from the leader in North American automotive news en-us Tue, 22 May 2018 06:00:00 EST Tesla's Musk admits Model 3 braking issue, promises fix http://www.autonews.com/article/20180522/OEM05/180529929/musk-admits-tesla-model-3-braking-issue Tue, 22 May 2018 07:49:58 EST Tesla CEO Elon Musk admitted there was a braking issue with the Model 3 sedan, pointed out by Consumer Reports, and said it can be fixed with a firmware update. Bracken retiring from Lexus, to be succeeded by deputy David Christ http://www.autonews.com/article/20180522/OEM02/180529912/bracken-christ-lexus-toyota Tue, 22 May 2018 14:45:36 EST David Christ, who switched from the Toyota Division to Lexus at the start of this year, will succeed his boss, Jeff Bracken, who is retiring as head of Lexus' United States operations after 40 years with Toyota. Germany's Grammer buying Toledo Molding and Die in $271 million deal http://www.autonews.com/article/20180522/OEM10/180529909/supplier-acquisition-mold-plastic-ohio Tue, 22 May 2018 15:40:23 EST German auto supplier Grammer AG is more than doubling its presence in North America with the $271 million acquisition of Toledo Molding and Die Inc. Germany's Grammer buying Toledo Molding and Die in $271 million deal http://europe.autonews.com/article/20180522/COPY/305229922/supplier-acquisition-mold-plastic-ohio Tue, 22 May 2018 15:40:23 EST German auto supplier Grammer AG is more than doubling its presence in North America with the $271 million acquisition of Toledo Molding and Die Inc. Three steps to evolve auto retail marketing http://www.autonews.com/article/20180522/BLOG06/180529910/google-auto-ads-marketing-online-crm Tue, 22 May 2018 15:00:00 EST Auto brands need to get organized and aligned internally to allow for a complete view of the customer. This is especially important today. Aston Martin DBS Superleggera: A lighter, more powerful Vanquish successor http://www.autonews.com/article/20180522/BLOG06/305239999/aston-martin-dbs-superleggera-a-lighter-more-powerful-vanquish Tue, 22 May 2018 00:01:00 EST The Aston Martin Vanquish, the marque's muscular super-GT, is riding off into the sunset, but fear not: Its replacement will be here shortly. Uber pulls up in Japan with taxi-hailing service http://www.autonews.com/article/20180522/MOBILITY/180529914/uber-japan-taxi-service Tue, 22 May 2018 12:45:19 EST Uber plans to launch its first taxi-hailing pilot service in Japan that will connect passengers to other taxi providers, as it seeks to expand in the country where the firm has been blocked from setting up its own fleet of drivers. Martinrea opens tech center in Michigan, moves jobs from Toronto http://www.autonews.com/article/20180522/COPY01/305229942/martinrea-opens-tech-center-in-michigan-moves-jobs-from-toronto Tue, 22 May 2018 09:31:25 EST Canadian auto supplier Martinrea launched its $26 million technical center in suburban Detroit last week. CEO Pat D'Eramo says one challenge is finding enough engineering talent for the facility. Taiwan's Yageo to buy U.S. electronic components firm for $740 million http://www.autonews.com/article/20180522/MOBILITY/180529915/taiwan-pulse-electronics-acquisition Tue, 22 May 2018 10:56:01 EST Taiwan's Yageo said it would buy Pulse Electronics for $740 million, marking its biggest deal ever as it looks to expand in the United States and Europe. Performance, not size, will determine 2.7-liter I-4's success in Chevy Silverado, GMC Sierra http://www.autonews.com/article/20180522/BLOG06/180529925/performance-not-size-will-determine-2-7-liter-i-4s-success-in-chevy Tue, 22 May 2018 11:45:00 EST If consumers embrace General Motors' four-cylinder engine in the next-generation Chevrolet Silverado and GMC Sierra pickups, GM will have Ford to thank. Russia, Japan, Turkey warn of tariff retaliation against U.S. http://www.autonews.com/article/20180522/OEM01/180529924/russia-japan-turkey-warn-of-tariff-retaliation-against-u-s Tue, 22 May 2018 08:25:06 EST Japan, Russia and Turkey have warned the United States about potential retaliation for its tariffs on steel and aluminum, the World Trade Organization said on Tuesday, bringing the total U.S. tariff bill to around $3.5 billion annually. China cuts import duty to 15% in boost for BMW, Tesla, Mercedes, Porsche http://www.autonews.com/article/20180522/COPY01/305229962/china-cuts-import-duty-to-15-in-boost-for-bmw-tesla-mercedes-porsche Tue, 22 May 2018 06:30:00 EST China will cut the import duty on passenger cars to 15 percent from the current 25 percent, in a boost to foreign automakers, just as the immediate threat of a trade war with the United States recedes. BP invests in tech to charge cars as quickly as filling fuel tank http://www.autonews.com/article/20180522/OEM05/180529930/bp-ultrafast-charger-investment Tue, 22 May 2018 07:26:20 EST BP agreed to invest $20 million in a developer of ultrafast charging for batteries, a technology the oil company believes is key for accelerating the adoption of EVs. BMW, Toyota, Ford at odds with S. Africa over production boost plan http://www.autonews.com/article/20180522/COPY01/305229960/bmw-toyota-ford-at-odds-with-s-africa-over-production-boost-plan Tue, 22 May 2018 06:30:00 EST BMW, Toyota and Ford are at odds with South Africa over its plans for them to more than double output and double their work forces in return for tax breaks. EU hunts for ways to avoid U.S. steel, aluminum tariffs http://www.autonews.com/article/20180522/OEM01/180529926/european-union-steel-aluminum-tariffs Tue, 22 May 2018 08:20:34 EST The European Union scrambled to come up with a strategy to avoid American tariffs on foreign steel and aluminum, signaling a readiness to accept American import quotas and to slash some EU duties in return for a permanent waiver. Fear of autonomous cars rises after high-profile fatalities, AAA survey finds http://www.autonews.com/article/20180522/MOBILITY/180529931/autonomous-car-fear-aaa-survey Tue, 22 May 2018 07:01:05 EST Consumer trust in self-driving cars has plummeted following high-profile roadway fatalities, with almost three-quarters of Americans now saying they are too afraid to ride in an autonomous vehicle. In Illinois, Tesla-like dreams for an EV startup, former Mitsubishi factory http://www.autonews.com/article/20180521/OEM05/180529954/in-illinois-tesla-like-dreams-for-an-ev-startup-former-mitsubishi Mon, 21 May 2018 14:00:00 EST Startup Rivian Automotive, steered by a 35-year-old MIT grad, paid $16 million for a mothballed car factory and its equipment in Illinois with bold plans to produce EVs. Automakers to White House: Climate change is real http://www.autonews.com/article/20180521/OEM/305219935/automakers-to-white-house-climate-change-is-real Mon, 21 May 2018 18:04:20 EST Automakers urged the White House to cooperate with California officials in a coming rewrite of light-vehicle fuel efficiency standards, saying "climate change is real." Nissan Armada with maximum accessories becomes Patrol http://www.autonews.com/article/20180521/RETAIL01/180529975/nissan-armada-patrol-accessories Mon, 21 May 2018 00:01:00 EST Nissan decked out its Armada for fun -- and then called it a Patrol. Turbo is important ingredient for new Subaru Ascent crossover http://www.autonews.com/article/20180521/RETAIL01/180529977/subaru-ascent-engine-transmission Mon, 21 May 2018 00:01:00 EST The 2019 Subaru Ascent, the newest nameplate in the automaker's lineup, relies on a newly developed engine and transmission. GM will test pickup loyalty with downsized engines http://www.autonews.com/article/20180521/RETAIL01/180529961/gm-pickup-cylinder-silverado-sierra Mon, 21 May 2018 00:01:00 EST Ford's success with its V-6 EcoBoost engines has proved that V-8 engines aren't necessarily the default choice for pickup buyers. The question now is: How low can you go? GM motorsports czar Jim Campbell says weekends spent at the nation's speedways are flat-out fun http://www.autonews.com/article/20180521/OEM/180529962/gm-motorsports-racing Mon, 21 May 2018 00:01:00 EST On race days, Jim Campbell is an ambassador for GM to its teams, drivers, sponsors and racing league officials. He's there to make sure things are operating as smoothly as possible and if there is a problem, how to fix it. Henry Ford II answered questions about his racing philosophy on the eve of Ford's historic Le Mans http://www.autonews.com/article/20180521/RETAIL03/180529986/ford-gt-le-mans Mon, 21 May 2018 00:01:00 EST Fifty years ago, Ford was amid a glorious run of victories at Le Mans with its GT40. Before the first victory, Henry Ford II sat for an interview with Sports Illustrated . Trump signs congressional resolution overturning auto lending rule http://www.autonews.com/article/20180521/FINANCE_AND_INSURANCE/180529945/trump-signs-congressional-resolution-overturning-auto-lending-rule Mon, 21 May 2018 15:15:36 EST President Donald Trump signed into law a congressional resolution overhauling a rule issued by the Consumer Financial Protection Bureau that aimed to bar discrimination in auto lending. U.S. Senate panel delays vote to approve NHTSA chief http://www.autonews.com/article/20180521/OEM11/180529936/u-s-senate-panel-delays-vote-to-approve-nhtsa-chief Mon, 21 May 2018 18:57:56 EST The U.S. Senate Commerce Committee delayed a vote on President Trump's nominee to be the top auto safety regulator in the face of opposition among Democrats over planned changes to vehicle emissions rules. Tesla Model 3 braking, controls draw rebuke in Consumer Reports tests http://www.autonews.com/article/20180521/OEM05/305219954/tesla-model-3-draws-strong-rebuke-in-consumer-reports-test Mon, 21 May 2018 13:04:20 EST Consumer Reports won't recommend Tesla's compact Model 3 because of the electric car's long stopping distances and difficult-to-use controls. Intel Mobileye car ignores red light in self-driving test http://www.autonews.com/article/20180521/MOBILITY/305219943/intel-mobileye-car-ignores-red-light-in-self-driving-test Mon, 21 May 2018 15:49:20 EST Mobileye, the Intel-owned maker of driver-assistance systems, has joined the race to create a fully driverless car with a fleet of prototype vehicles that navigate Jerusalem without the use of lasers or radars, which rivals have relied on heavily. At least 18 Jeep vehicles damaged in fire in Toledo http://www.autonews.com/article/20180521/OEM01/180529948/jeep-fire-toledo-assembly-complex Mon, 21 May 2018 14:21:31 EST A fire broke out in a parking lot near the Fiat Chrysler Automobiles' Toledo Assembly Complex this morning, damaging a number of Jeep vehicles. Tesla shareholders urged to remove Musk from chairman's role http://www.autonews.com/article/20180521/OEM02/180529955/tesla-elon-musk-chairman Mon, 21 May 2018 07:26:05 EST The largest proxy advisory firm is recommending that investors reject two of Tesla's board members, while also supporting a proposal to split the role of chairman and CEO. Toyota plans to roll into China's EV market in GAC vehicle http://www.autonews.com/article/20180521/GLOBAL03/180529949/toyota-plans-to-roll-into-chinas-ev-market-in-gac-vehicle Mon, 21 May 2018 12:39:58 EST Toyota is taking an unprecedented route to meet China's stringent green car quotas: Its showrooms will sell an EV without the Japanese company's triple-oval logo and instead will feature the label of GAC Motor, Toyota's China partner. At $78,000, Tesla moves mass-market Model 3 beyond masses http://www.autonews.com/article/20180521/COPY01/305219971/at-78000-tesla-moves-mass-market-model-3-beyond-masses Mon, 21 May 2018 07:00:00 EST Tesla CEO Elon Musk unveiled specifications for a faster and more powerful version of the Model 3 in tweets over the weekend. It will cost $78,000, more than double the $35,000 base-model starting price. PSA Psa North America CEO Larry Dominique taking a clean-slate approach for barnd's return to North America http://www.autonews.com/article/20180521/OEM08/180529979/psa-larry-dominique-talk-from-the-top Mon, 21 May 2018 00:01:00 EST In its return to North America, PSA is rethinking how it will retail vehicles, which brands it will sell and how it will tackle mobility, says the company's CEO for the region, Larry Dominique. Subaru of America CEO Tom Doll sees another record year ahead for Subaru http://www.autonews.com/article/20180521/OEM08/180529980/subaru-tom-doll-talk-from-the-top Mon, 21 May 2018 00:01:00 EST Subaru continues on its record-setting sales roll of the past several years, as Tom Doll steps up to the role of CEO. The Brexit bottleneck: How freight could get stuck at the border http://www.autonews.com/article/20180521/COPY01/305219970/the-brexit-bottleneck-how-freight-could-get-stuck-at-the-border Mon, 21 May 2018 07:00:00 EST Zeebrugge port calls itself the world's biggest hub for shipments of new cars. The threat of delays at Zeebrugge for freight shipped to and from Britain highlights the economic risks of Brexit. Hyundai group succumbs to pressure, scraps $8.8 billion revamp http://www.autonews.com/article/20180521/OEM01/180529956/hyundai-scraps-restructuring-plan-elliott-management Mon, 21 May 2018 06:45:31 EST Hyundai Motor Group has shelved a restructuring plan that would have given the son of its aging chairman more control of the conglomerate. Threat of cobalt supply crunch could hinder EV growth http://www.autonews.com/article/20180521/OEM10/180529953/threat-of-cobalt-supply-crunch-could-hinder-ev-growth Mon, 21 May 2018 09:09:45 EST A burgeoning risk of a supply crunch in cobalt -- a key battery metal that has more than tripled in price in two years -- poses one of the biggest threats to forecasts for rising electric vehicle adoption. Mahle focuses attention on U.S. aftermarket http://www.autonews.com/article/20180521/OEM10/180529982/mahle-us-aftermarket-sales Mon, 21 May 2018 00:01:00 EST The German powertrain supplier Mahle is putting more emphasis on selling its parts in the United States aftermarket with a rebranding strategy and a new name: Mahle Performance. Wolfgang Porsche: The power behind the throne at Volkswagen http://www.autonews.com/article/20180521/OEM02/180529969/wolfgang-porsche-vw-power Mon, 21 May 2018 00:01:00 EST Wolfgang Porsche, chairman of the supervisory board of Porsche and head of the family that controls Volkswagen Group, touches on topics such as electrification, bureaucratic overregulation and his relationship -- or lack thereof -- with his famous... Magna spending $300 million for research, development over three years http://www.autonews.com/article/20180521/OEM10/180529983/magna-international-research-development Mon, 21 May 2018 00:01:00 EST Magna will roll an extra $300 million into randd over the next three years as it deepens its interest in electrification and autonomous technology. Automotive News wins Azbee awards http://www.autonews.com/article/20180521/RETAIL03/180529963/automotive-news-wins-azbee-awards Mon, 21 May 2018 00:01:00 EST Automotive News won several national Azbee journalism awards from the American Society of Business Publication Editors for work published in 2017. Auto suppliers' $1 billion cost to make amends http://www.autonews.com/article/20180521/OEM10/180529966/auto-suppliers-price-fixing-settlements Mon, 21 May 2018 00:01:00 EST As the largest price-fixing case in U.S. history winds down, one thing is clear: Auto suppliers that conspired with competitors to rig their bids are paying a hefty price. Nissan promises U.S. pain is short term http://www.autonews.com/article/20180521/OEM/180529970/nissan-earnings-us-sales-plunge Mon, 21 May 2018 00:01:00 EST Following its 28 percent U.S. sales plunge in April, Nissan promises that the short-term pain will be worth the long-term gain. Toyota's Jim Lentz nervous about profits as incentives climb http://www.autonews.com/article/20180521/OEM08/180529978/toyota-lentz-north-america-profitability Mon, 21 May 2018 00:01:00 EST Toyota's Jim Lentz sees interest-rate increases, plateuing sales and a flood of off-lease vehicles as potential drags on profitability. Dealership group finds success in its approach to finance and insurance http://www.autonews.com/article/20180521/RETAIL07/180529994/best-practices-brandon-steven-motors Mon, 21 May 2018 00:01:00 EST Brandon Steven Motors has transformed its finance and insurance operations and lifted FandI profit per vehicle by putting finance managers in the hot seat. Henrik Fisker's comeback powered by new battery http://www.autonews.com/article/20180520/MOBILITY/180529964/fiskers-comeback-powered-by-new-battery Sun, 20 May 2018 00:01:00 EST Automotive design maven Henrik Fisker's new venture might be less about the automobile than the technology that will power it. Ford welcomes workers back with re-entry program http://www.autonews.com/article/20180520/OEM/180529981/ford-employees-returning Sun, 20 May 2018 00:01:00 EST Ford last fall launched the Career Re-Entry Program, which offers six-month assignments in product development, information technology and manufacturing jobs. Will NASCAR go electric? http://www.autonews.com/article/20180520/RETAIL03/180529993/nascar-electric-racing Sun, 20 May 2018 00:01:00 EST NASCAR, a powerful marketing platform, could help automakers sell mainstream America on the electric vehicle. But getting the NASCAR fan base to accept whirring electric motors in place of roaring engines will take time. MacLean-Fogg's quest for a better lug nut http://www.autonews.com/article/20180519/OEM10/180529985/maclean-fogg-supplier-development Sat, 19 May 2018 00:01:00 EST Fastener and metal component supplier MacLean-Fogg overhauled its entire concept of invention, implementing new design-thinking processes to spur everyday innovation. How a year with IndyCar shaped Ford's Hau Thai-Tang http://www.autonews.com/article/20180519/OEM02/180529991/ford-indycar-hau-thai-tang Sat, 19 May 2018 00:01:00 EST Early in his engineering career at Ford, product development and purchasing boss Hau Thai-Tang was embedded with Newman/Haas Racing for the 1993 IndyCar season. Here's what he learned. Crosstrek drives sales for Subaru http://www.autonews.com/article/20180519/RETAIL01/180529996/crosstrek-big-us-sales-success Sat, 19 May 2018 00:01:00 EST The Crosstrek, which began life as a lifted Impreza hatchback in 2012, has turned into a sales workhorse for Subaru of America.