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M-B faces need to grow service capacity

12:01 am U.S. ET | May 4, 2015

Mercedes-Benz USA is on track to sell 400,000 vehicles in the next few years and needs 25 percent more service capacity at its dealerships, said CEO Steve Cannon.... Read More »

Sleek Malibu may be just the start for GM

12:01 am U.S. ET | May 4, 2015

Much of General Motors' sedan lineup in coming years will go on the same diet that shaved a whopping 300 pounds from the redesigned 2016 Chevrolet Malibu.... Read More »

VW board to discuss recruitment of new chairman, reports say

May 4, 2015 13:35 CET

Volkswagen's supervisory board was meeting to discuss finding a new chairman to fill the void left by Ferdinand Piech's departure, reports said. The meeting precedes what is likely to be a tense annual gathering of VW shareholders on Tuesday.... Read More »

GM fund approves 7 more death claims

11:10 am U.S. ET | May 4, 2015

GM's ignition-switch compensation fund approved another seven death claims associated with ignition switch defects in its cars in the past week, bringing the total to 97 deaths, the office administrating GM’s compensation fund said.... Read More »

VW board to discuss chairman search

7:49 am U.S. ET | May 4, 2015

Volkswagen's supervisory board today will discuss finding a new chairman to fill the void left by Ferdinand Piech's sudden departure last month, sources told Reuters.... Read More »

Aston to court females, add crossover

12:01 am U.S. ET | May 4, 2015

Aston Martin's new target buyer is an affluent California woman in her late 30s who wants a people- and cargo-hauling crossover. Andy Palmer, the British sports car maker's new CEO, plans to deliver just that as part of a product spree aimed at boosting global sales and profit.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for May

May 4, 2015 06:01 CET

The latest issue of the Automotive News Europe e-magazine is ready for you to view. This month's edition looks at what European automakers plan to do to keep winning in China despite the normalization of the market's growth.... Read More »

Beat goes on for Subaru, Audi, FCA

12:01 am U.S. ET | May 4, 2015

Audi, Subaru and Fiat Chrysler Automobiles kept their U.S. sales streaks alive in April. Audi marked the brand's 52nd straight monthly sales record. Subaru reported its 41st consecutive month of growth. FCA US posted its 61st straight month of year-over-year gains.... Read More »

2 industry titans in turmoil

12:01 am U.S. ET | May 4, 2015

Two of Europe's automotive titans, long used to getting their way in boardroom intrigues, suffered rare defeats in late April that threaten to alter permanently the empires they built.... Read More »

Nissan tweaks dealer sales incentives

12:01 am U.S. ET | May 4, 2015

Nissan has revised the Sales Growth Plan it introduced in 2014 as an alternative to controversial stair-step programs. Regional Chairman Jose Munoz says the new Nissan10 Sales Growth Program addresses last year's complaints; some dealers are still not satisfied.... Read More »

Caddy wants unique team, unique powertrains

12:01 am U.S. ET | May 4, 2015

Dave Leone, Cadillac's chief engineer, says he wants to differentiate Cadillac powertrains in terms of power, refinement and sound.... Read More »

Audi to focus on plug-in hybrids even as it plans EV to take on Tesla

12:01 am U.S. ET | May 4, 2015

Although Audi plans an electric crossover to challenge Tesla's Model X, CEO Rupert Stadler says he remains cautious about the future of electric vehicles.... Read More »

Marchionne: Here's what I'm not talking about

12:01 am U.S. ET | May 4, 2015

Addressing analysts on a conference call last week, Fiat Chrysler Automobiles CEO Sergio Marchionne made a presentation he called "Confessions of a Capital Junkie: An Insider Perspective on the Cure for the Industry's Value-destroying Addiction to Capital."... Read More »

WHERE'S THE ACTION?

Florida, Texas trending hot in buy-sell market, but few sellers

12:01 am U.S. ET | May 4, 2015

Florida and Texas are experiencing explosive demand from buyers looking for dealerships, even while sellers remain few.... Read More »

Marchionne: Automakers must consolidate

12:01 am U.S. ET | May 4, 2015

The world's automakers spend billions of dollars each to develop their own four-cylinder engines. That's a sure sign that the industry's business model is broken, said Sergio Marchionne, CEO of Fiat Chrysler Automobiles.... Read More »

VW power struggle is over, Lower Saxony premier says

May 3, 2015 11:41 CET

The head of the German state of Lower Saxony, which owns 20 percent of Volkswagen, said a power struggle at the automaker that led to the resignation of VW patriarch Ferdinand Piech is over. Decisions regarding the replacement of Piech and his wife, Ursula, on VW's supervisory board had been taken, the prime minister told German newspaper Bild.... Read More »

PSA's new EVs will be cheaper with longer range; production plug-in hybrid nearing completion

May 3, 2015 06:01 CET

PSA's new electric cars will be cheaper and have a longer range than the automaker's current EVs, CEO Carlos Tavares said. The automaker also is close to completing development of its first plug-in hybrid, he said.... Read More »

VW's Seat brand bets on SUVs for profitability

May 3, 2015 06:01 CET

Seat is mulling a family of SUVs as it seeks to boost volume and become sustainably profitable. The brand's first SUV, a compact, will go on sale next year. At the Geneva auto show last month Seat previewed the 20V20 concept, a midsize SUV that could go on sale by 2020.... Read More »

FAMILY LITIGATION

DARCARS keeps focus amid lawsuit, CEO says

12:01 am U.S. ET | May 3, 2015

DARCARS Automotive Group faced a human- and public relations nightmare after the founder's daughter, Tamara, sued her father and the company while media coverage of the rift prompted calls for a boycott. As the dispute heads to court, DARCARS CEO John Darvish says he's keeping employees focused on their jobs and profits on track.... Read More »

NEWS ANALYSIS

Why the wrong side lost in VW's battle

May 1, 2015 06:01 CET

All good dictatorships come to an end and so it is with that of Ferdinand Piech, the patriarch who has ruled the Volkswagen Group since 1993, taking it from near-bankruptcy to challenging Toyota as the world's biggest automaker. Regrettably, the wrong side has lost in the battle to succeed Piech.... Read More »

VW workers back new board members after Piech exit

May 1, 2015 20:10 CET

Volkswagen's works council has backed the automaker's choice of two new supervisory board members, appointments reportedly opposed by newly departed Chairman Ferdinand Piech.... Read More »

Lotus sees profit after cost cuts, U.S. relaunch

May 1, 2015 06:15 CET

UK sports car maker Lotus will be profitable again by 2017 after years of losing money, CEO Jean-Marc Gales said. The company has moved to cut costs and improve its lineup and plans a relaunch in the U.S. market.... Read More »

Ghosn defeat exposes rival visions for Renault-Nissan

May 1, 2015 09:30 CET

The French government's move to tighten its hold on Renault, crowned by a rare defeat for CEO Carlos Ghosn, has exposed competing visions for the carmaker and its alliance with Nissan. At Renault's annual shareholder meeting a proposal to allow Renault to sidestep a French law that provides double-voting rights for long-term shareholders such as the French government was defeated.... Read More »

Ford calls back more Fiestas for latch fix

9:50 am U.S. ET | May 1, 2015

Ford said today it is expanding a recall for doors that can fly open, adding about 156,000 Fiestas in response to pressure from government regulators. Ford now has recalled more than 1.1 million vehicles this week for five different issues.... Read More »

ANE's May e-magazine goes live Monday

May 1, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, May 4. This month's edition looks at what European automakers plan to do to keep winning in China despite the normalization of the market's growth.... Read More »

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Special Video Report
Smart use of phones, sales teams lift Wash. stores

Smart use of phones, sales teams lift Wash. stores

Sales employees at Ford and Hyundai of Kirkland have tapped smartphones to show how customers are “buying a relationship” with the group. Mon., May 4
» Watch the Video
     
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