Automotive News Automaker News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Sun, 14 Feb 2016 06:00:00 EST Why French and Germans still believe in the compact minivan sector http://europe.autonews.com/article/20160214/ANE/160209835/why-french-and-germans-still-believe-in-the-compact-minivan-sector Sun, 14 Feb 2016 00:01:00 EST Compact minivan sales remain valuable to French and German automakers even though more brands are quitting the segment because of the growing popularity of SUVs and crossovers Interiors giant Yanfeng foresees continued consolidation of supply base http://europe.autonews.com/article/20160214/ANE/160219963/interiors-giant-yanfeng-foresees-continued-consolidation-of-supply Sun, 14 Feb 2016 00:01:00 EST Yanfeng Automotive Interiors, the U.S.-Chinese joint venture that is now the world's largest supplier of automotive interiors, is part of a growing trend for megasuppliers directed by automaker's changing production needs. Why Musk's new directive at Tesla has become 'cash is king' http://www.autonews.com/article/20160214/RETAIL/302159926/why-musks-new-directive-at-tesla-has-become-cash-is-king Sun, 14 Feb 2016 00:01:00 EST Facing a flood of red ink from the slower-than-planned rollout of the Model X crossover, Tesla signaled that a new era of cash-flow consciousness is underway. The power of Roger Penske http://www.autonews.com/article/20160214/RETAIL/302159923/the-power-of-roger-penske Sun, 14 Feb 2016 00:01:00 EST Fifty years ago, Roger Penske launched one of his many careers - that of a race team owner. Ford tech chief says sedan sales hit by SUV/crossover boom http://europe.autonews.com/article/20160213/ANE/160219993/ford-tech-chief-says-sedan-sales-hit-by-suv-crossover-boom Sat, 13 Feb 2016 00:01:00 EST Ford CTO Raj Nair says sedan sales are suffering most from rising demand for crossovers and SUVs. Mercedes-Benz gives early look at C-class convertible http://www.autonews.com/article/20160213/OEM04/160219926/mercedes-benz-gives-early-look-at-c-class-convertible Sat, 13 Feb 2016 13:00:00 EST Mercedes-Benz is giving a sneak peek of the C-class convertible it will unveil at the Geneva auto show in March. It is the first time Mercedes has offered a convertible variant in the C class family. Takata engineer refused to testify in airbag failure lawsuit http://www.autonews.com/article/20160213/OEM11/160219927/takata-engineer-refused-to-testify-in-airbag-failure-lawsuit Sat, 13 Feb 2016 08:18:35 EST A Takata engineer involved in testing the company's airbags invoked his constitutional right against self-incrimination in declining to testify in a lawsuit brought by a woman left paralyzed in a 2014 accident. Nissan exec defines automaker's vision of the fully connected car http://europe.autonews.com/article/20160213/ANE/160219964/nissan-exec-defines-automakers-vision-of-the-fully-connected-car Sat, 13 Feb 2016 00:01:00 EST Nissan Europe's head of advanced product planning, Richard Candler, has a vision of the connected car being electric and autonomous and he expects this vision to be on the road by 2020, as he explained to Automotive News Europe. New airbag devices cushion crash impacts by deploying outside vehicles http://www.autonews.com/article/20160213/OEM10/302159938/new-airbag-devices-cushion-crash-impacts-by-deploying-outside Sat, 13 Feb 2016 00:01:00 EST Auto parts suppliers makers are developing a new generation airbags that cushion the impact of a crash by deploying on the outside of a vehicle. Such devices have already appeared in Europe and are mainly aimed at protecting pedestrians in a crash. Can Kia pick Prius' lock on hybrid market? http://www.autonews.com/article/20160213/RETAIL01/302159909/can-kia-pick-prius-lock-on-hybrid-market Sat, 13 Feb 2016 00:01:00 EST Many automakers have tried and failed to lure customers away from the Toyota Prius hybrid. Kia thinks it can succeed with the Niro, its first built-from-scratch hybrid. Aston Martin's DB11 will launch brand's renewal http://europe.autonews.com/article/20160212/ANE/160219949/aston-martins-db11-will-launch-brands-renewal Fri, 12 Feb 2016 04:45:16 EST Aston Martin will unveil its new DB11 at the Geneva auto show as the company renews its aging lineup in a push to return to sustainable profitability after five years of losses. The coupe will replace the DB9, which was introduced 13 years ago. Lexus tops BMW in U.S. registrations; 2015 luxury title in dispute http://www.autonews.com/article/20160212/RETAIL01/160219935/lexus-tops-bmw-in-u-s-registrations-2015-luxury-title-in-dispute Fri, 12 Feb 2016 14:32:45 EST Not so fast on BMW winning the 2015 U.S. luxury crown over Lexus and Mercedes. According to manufacturer-reported sales released last month, BMW won. But Polk said today that Lexus was tops in U.S. vehicle registrations last year with 340,392 vs. Elon Musk's vision is not for the faint of heart http://www.autonews.com/article/20160212/OEM06/160219942/elon-musks-vision-is-not-for-the-faint-of-heart Fri, 12 Feb 2016 09:39:52 EST Leave it to Elon Musk to make a company's stock jump nearly 5 percent a day after reporting widening losses -- all in the middle of a market selloff. Woman charged in GM Tech Center stabbing http://www.autonews.com/article/20160212/OEM/160219931/woman-charged-in-gm-tech-center-stabbing Fri, 12 Feb 2016 16:08:39 EST The woman accused of stabbing her mother at GM's Tech Center in Warren, Mich., was charged today with assault with intent to murder, according to a court official. American Axle Q4 net income rises, shares surge http://www.autonews.com/article/20160212/OEM10/160219944/american-axle-q4-net-income-rises-shares-surge Fri, 12 Feb 2016 08:40:16 EST American Axle and Manufacturing today reported record sales in 2015 after a strong fourth quarter thanks to record North American light vehicle sales. How Derek Zoolander raided FCA's Twitter feed http://www.autonews.com/article/20160212/BLOG06/160219934/how-derek-zoolander-raided-fcas-twitter-feed Fri, 12 Feb 2016 15:19:29 EST Derek Zoolander is making history today in his own flamboyant way. Mazda launches CX-9 production in Japan http://www.autonews.com/article/20160212/OEM01/160219946/mazda-launches-cx-9-production-in-japan Fri, 12 Feb 2016 06:22:09 EST Mazda has started production of it the redesigned CX-9 three-row crossover, a vehicle that plays a pivotal roll in the brand's strategy to expand sales. Renault promotes Europe chief Mueller to No. 2 role http://europe.autonews.com/article/20160212/ANE/160219941/renault-promotes-europe-chief-mueller-to-no-2-role Fri, 12 Feb 2016 11:30:41 EST Renault has promoted its Europe head, Stefan Mueller, to the role of chief performance officer, making the German-Swiss executive one of CEO Carlos Ghosn's top two lieutenants. Panasonic starts China battery venture, develops new welding tech http://www.autonews.com/article/20160212/OEM10/160219938/panasonic-starts-china-battery-venture-develops-new-welding-tech Fri, 12 Feb 2016 11:54:53 EST Panasonic, the Japanese electronics giant revamping itself as an automotive supplier, has taken two more steps in that direction by establishing a new battery venture in China and developing a new technology for laser welding. Tower posts lower adjusted Q4 earnings as it gears up for major new business http://www.autonews.com/article/20160212/OEM10/160219940/tower-posts-lower-adjusted-q4-earnings-as-it-gears-up-for-major-new Fri, 12 Feb 2016 11:40:41 EST Tower, which makes heavy metal components and assemblies for cars and trucks, reported lower fourth-quarter adjusted earnings due to ramp-up costs stemming from a major new business that is supposed to spur earnings growth later this year. VW Group sales return to growth in January despite diesel scandal http://europe.autonews.com/article/20160212/ANE/160219945/vw-group-sales-return-to-growth-in-january-despite-diesel-scandal Fri, 12 Feb 2016 08:34:48 EST VW Group sales returned to growth in January despite the company's diesel emissions scandal, thanks to demand in China where VW brand posted its best month ever. Renault vows to sustain AvtoVAZ after record loss http://europe.autonews.com/article/20160212/ANE/160219947/renault-vows-to-sustain-avtovaz-after-record-loss Fri, 12 Feb 2016 05:46:25 EST Renault pledged to support AvtoVAZ, which warned it may not survive without help from shareholders after the collapse of the domestic car market pushed it into a record $930 million loss. Renault beats profit goal but Russia crisis hurts results http://europe.autonews.com/article/20160212/ANE/160219950/renault-beats-profit-goal-but-russia-crisis-hurts-results Fri, 12 Feb 2016 02:40:12 EST Renault today said it beat its full-year profit target in 2015, although its earnings were overshadowed by a deepening crisis at Russia's AvtoVAZ, which said it may not survive without further help from Renault and other investors. Alfa Romeo could return to F1 racing with own team http://europe.autonews.com/article/20160212/ANE/160219943/alfa-romeo-could-return-to-f1-racing-with-own-team Fri, 12 Feb 2016 09:02:26 EST Alfa Romeo could return to Formula One racing with its own team, Fiat Chrysler CEO Sergio Marchionne said. GM's rising faith in Opel http://www.autonews.com/article/20160212/BLOG06/302129979/gms-rising-faith-in-opel Fri, 12 Feb 2016 00:01:00 EST GM CFO Chuck Stevens expects the U.S. automaker's long-struggling European arm will break even in 2016. Opel CEO Karl-Thomas Neumann is more cautious. Google's self-driving car project expands hiring, posts manufacturing jobs http://europe.autonews.com/article/20160212/ANE/160219948/googles-self-driving-car-project-expands-hiring-posts-manufacturing Fri, 12 Feb 2016 05:14:40 EST Google's self-driving car project is advertising jobs on its website with a special focus on manufacturing expertise. The company is looking for engineers, as well as managers to lead operations, materials and marketing. Lower-priced Sprinter van targets plumbers, electricians http://www.autonews.com/article/20160211/OEM04/160209823/lower-priced-sprinter-van-targets-plumbers-electricians Thu, 11 Feb 2016 08:30:00 EST Mercedes-Benz Vans USA is introducing a new, lower-priced Sprinter commercial van model in a bid to win over more plumbers, electricians and other tradespeople. Daimler will invest $2.94 billion on cleaner diesels http://europe.autonews.com/article/20160211/ANE/160219967/daimler-will-invest-2-94-billion-on-cleaner-diesels Thu, 11 Feb 2016 09:21:39 EST Daimler will spend $2.94 billion by 2019 on developing next-generation diesel engines to help the automaker to meet new pollution-measuring standards. GM Tech Center valet who pulled gun to stop stabbing suspended pending investigation http://www.autonews.com/article/20160211/OEM01/160219953/gm-tech-center-valet-who-pulled-gun-to-stop-stabbing-suspended Thu, 11 Feb 2016 14:15:04 EST The parking valet who stopped a stabbing at General Motors' Technical Center in Warren, Mich., on Wednesday by pulling out his concealed weapon remains employed. Toyota's TRD Pro version of Tacoma built to take on roughest terrain http://www.autonews.com/article/20160211/OEM04/160219955/toyotas-trd-pro-version-of-tacoma-built-to-take-on-roughest-terrain Thu, 11 Feb 2016 14:45:00 EST Toyota, fresh off launching the redesigned Tacoma late last year, is expanding the midsize truck's lineup with a high-performance off-road version. Toyota unveiled the Tacoma TRD Pro today at the Chicago Auto Show. Daimler to name Kaellenius randd head, German paper reports http://www.autonews.com/article/20160211/OEM02/160219956/daimler-to-name-kaellenius-rd-head-german-paper-reports Thu, 11 Feb 2016 12:55:18 EST Daimler AG is about to appoint its marketing and sales head Ola Kaellenius as head of research and development, Handelsblatt reported today. Ford's LaNeve stops short of confirming Bronco's expected return http://www.autonews.com/article/20160211/OEM02/160219957/fords-laneve-stops-short-of-confirming-broncos-expected-return Thu, 11 Feb 2016 12:32:42 EST The Bronco, one of Ford's storied nameplates, seems likely to be one of the four new utility vehicles coming to the Ford lineup in the next four years. But Ford's Mark LaNeve stopped just short of confirming it today. Kia adds plug-in hybrid to Optima lineup http://www.autonews.com/article/20160211/OEM04/160209827/kia-adds-plug-in-hybrid-to-optima-lineup Thu, 11 Feb 2016 10:15:00 EST Kia today unveiled the 2017 Optima Hybrid and Optima PHEV alongside the Niro, the company's first dedicated hybrid nameplate. The new models look similar to the Optima, yet they signal the scope of Kia's ambitions. Toyota confirms new crossover for Europe http://europe.autonews.com/article/20160211/ANE/160219961/toyota-confirms-new-crossover-for-europe Thu, 11 Feb 2016 11:18:15 EST Toyota confirmed it will launch a new compact SUV/crossover in Europe based on its C-HR concept. The car will be built at the automaker's factory in Turkey for European markets starting toward the end of the year. Opel will launch long-range, affordable electric car http://europe.autonews.com/article/20160211/ANE/160219977/opel-will-launch-long-range-affordable-electric-car Thu, 11 Feb 2016 04:19:48 EST GM CEO Mary Barra said Opel/Vauxhall will launch a long-range, affordable electric car called the Ampera-e in 2017. It will share the Chevrolet Bolt's underpinnings. Kia hybrid crossover aims for Prius-like mpg http://www.autonews.com/article/20160211/OEM04/302119999/kia-hybrid-crossover-aims-for-prius-like-mpg Thu, 11 Feb 2016 10:15:00 EST With gas prices under $2 a gallon, fewer people are hunting for hybrids. But they are clamoring for crossovers, which may give Kia Motors a leg up in launching its first dedicated hybrid. Range Rover Evoque convertible is not a 'niche too far' http://europe.autonews.com/article/20160211/ANE/160219969/range-rover-evoque-convertible-is-not-a-niche-too-far Thu, 11 Feb 2016 08:54:37 EST Land Rover says its Range Rover Evoque created a new niche for sporty premium compact SUVs when the car was launched five years ago. Now wants the convertible variant to do the same in the open-top segment. One-time costs drag down BorgWarner Q4 net income http://www.autonews.com/article/20160211/OEM10/160219959/one-time-costs-drag-down-borgwarner-q4-net-income Thu, 11 Feb 2016 11:59:16 EST BorgWarner, which supplies fuel-saving turbochargers and emissions systems, reported higher adjusted earnings in the fourth quarter, but net income declined after several one-time charges. Hyundai freshens Santa Fe family amid U.S. production boost http://www.autonews.com/article/20160211/OEM04/160219978/hyundai-freshens-santa-fe-family-amid-u-s-production-boost Thu, 11 Feb 2016 12:00:00 EST As it retools its U.S. factory to build more crossovers for truck-loving Americans, Hyundai is updating the midsize Santa Fe and Santa Fe Sport. Nissan's half-ton Titan will have different, shorter chassis than Titan XD http://www.autonews.com/article/20160211/OEM04/160219962/nissans-half-ton-titan-will-have-different-shorter-chassis-than Thu, 11 Feb 2016 11:30:00 EST Nissan's half-ton Titan will ride on a completely different chassis than the new Titan XD, the automaker told a Chicago auto show audience today. GM's rising faith in Opel http://europe.autonews.com/article/20160211/BLOG15/160209836/gms-rising-faith-in-opel Thu, 11 Feb 2016 00:01:00 EST GM CFO Chuck Stevens expects the U.S. automaker's long-struggling European arm will break even in 2016. Opel CEO Karl-Thomas Neumann is more cautious. Jaguar Land Rover sales decline in China hits parent Tata Motors' profit http://europe.autonews.com/article/20160211/ANE/160219973/jaguar-land-rover-sales-decline-in-china-hits-parent-tata-motors Thu, 11 Feb 2016 06:05:46 EST Tata Motors said net profit for its latest quarter fell by 2 percent, hit by lower Jaguar Land Rover sales in China, once the luxury unit's fastest-growing market. Jaguar Land Rover will build XE sports sedan in India http://europe.autonews.com/article/20160211/ANE/160219970/jaguar-land-rover-will-build-xe-sports-sedan-in-india Thu, 11 Feb 2016 08:40:08 EST Jaguar Land Rover will begin assembly of a fourth model, the Jaguar XE sedan, at its plant in Pune, India. Porsche's new sales boss predicts continued growth after record 2015 http://europe.autonews.com/article/20160211/ANE/160209859/porsches-new-sales-boss-predicts-continued-growth-after-record-2015 Thu, 11 Feb 2016 00:01:00 EST Porsche easily surpassed its goal of 200,000 annual global sales last year and can now look forward to another year of worldwide growth, Detlev von Platen, the brand's new sales boss, told Automotive News Europe. Faurecia raises dividend after sales, margins climb http://europe.autonews.com/article/20160211/ANE/160219974/faurecia-raises-dividend-after-sales-margins-climb Thu, 11 Feb 2016 05:24:11 EST French supplier Faurecia today reported an increase in its operating margin for the second half of 2015 to 4.8 percent and raised its dividend for the year by 86 percent. Ford can boost Europe profits by adding upscale Vignale SUVs http://europe.autonews.com/article/20160211/BLOG15/160209837/ford-can-boost-europe-profits-by-adding-upscale-vignale-suvs Thu, 11 Feb 2016 00:01:00 EST Ford of Europe isn't saying which models will next get its upscale Vignale trimline but the brand's two largest SUVs are the top candidates as the automaker plans to expand its Vignale variants to at least five by 2017 from just two now. Ram updates off-road offerings with freshened Power Wagon http://www.autonews.com/article/20160211/OEM04/160209825/ram-updates-off-road-offerings-with-freshened-power-wagon Thu, 11 Feb 2016 00:01:00 EST Ram is updating back-country, heavy-duty offerings for 2017 with a freshened Power Wagon trim and expanded off-road packages across its three-quarter-ton pickup lineup. Tesla revenue spikes on Model S demand, but Q4 losses grow to $320M http://www.autonews.com/article/20160210/OEM05/160219980/tesla-revenue-spikes-on-model-s-demand-but-q4-losses-grow-to-320m Wed, 10 Feb 2016 16:55:54 EST Tesla set a record for deliveries in the fourth quarter as customers ignored sagging oil prices and bought the Model S sedan, the maker of all-electric luxury cars said as it reported a net loss of $320 million, up from $108 million a year earlier. Seat Ateca takes aim at booming SUV market http://europe.autonews.com/article/20160210/ANE/160219979/seat-ateca-takes-aim-at-booming-suv-market Wed, 10 Feb 2016 17:12:29 EST VW Group's Seat unit unveiled its first SUV, the Ateca, as the brand seeks to benefit from booming demand for high-riding vehicles. Will Japan's auto industry consolidate? http://www.autonews.com/article/20160210/OEM/160219991/will-japans-auto-industry-consolidate Wed, 10 Feb 2016 10:21:33 EST Japan's crowded auto industry is poised to look more like other major markets, with three or fewer carmakers left by the end of the decade. That's more than car-loving Germany or the far bigger U.S. market. %]