Between the lines, GM rebuts Marchionne

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

GM's annual pitch to about 180 analysts and investors could be viewed as one long commercial for why GM doesn't need Fiat Chrysler Automobiles: The automaker is too busy “redefining the future of mobility.”... Read More »

VW's new chairman: Emissions crisis a threat to our 'existence'

10:19 am U.S. ET | Oct. 3, 2015

Hans Dieter Poetsch, the incoming chairman of Volkswagen AG, sees the global scandal around the rigging of emissions tests as a threat to the company's viability, albeit a surmountable one, a newspaper reported.... Read More »


An FCA strike: $1 billion a week in lost revenues

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

A UAW strike of Fiat Chrysler could cost the Detroit automaker close to $1 billion a week in lost revenue and would quickly lead to a shortage of several hot-selling vehicles.... Read More »

UAW faces tough road to salvage failed Fiat Chrysler deal

7:36 pm U.S. ET | Oct. 2, 2015

Mounting discontent among the UAW's rank and file will complicate efforts of the union's top leaders as they bid to recover from the defeat of a proposed labor agreement with Fiat Chrysler.... Read More »

VW turns to insiders to probe, recover from emissions violations

12:19 pm U.S. ET | Oct. 2, 2015

Volkswagen AG will rely on a small group of company insiders to lead its recovery from a diesel-emissions scandal that's left regulators, investors and 11 million customers still awaiting answers two weeks after it disclosed violations of U.S. environmental laws.... Read More »

Musk: Tesla Model X crossover debut stokes 'strong' demand for sedan

4:04 pm U.S. ET | Oct. 2, 2015

Tesla Motors saw strong orders of the Model S sedan tied to the launch of its new crossover this week, relieving some concerns that the new model might siphon away sales of the sedan, Chief Executive Officer Elon Musk said Friday.... Read More »


BLOG: Old Auto scandals create opening for New Auto

3:23 pm U.S. ET | Oct. 2, 2015

Facing a rising tide of disruptors, Old Auto desperately needs to stop being its own worst enemy.... Read More »

AutoNation, buoyed by holiday deals, sees Sept. sales rise 21%

1:29 pm U.S. ET | Oct. 2, 2015

AutoNation’s U.S. new-vehicle sales increased 21 percent last month from a year earlier to 29,046 vehicles thanks in part to Labor Day holiday promotions.... Read More »

Subaru is still the hottest car company in the U.S.

10:19 am U.S. ET | Oct. 2, 2015

The U.S. auto business in 2015 is a Hollywood movie -- one big car chase and a happy ending. If there's a hero, it's scrappy little Subaru, the Japanese company best known as Fuji Heavy Industries.... Read More »

Aston Martin names JLR's Laura Schwab head of Americas

6:29 am U.S. ET | Oct. 2, 2015

Aston Martin has hired Laura Schwab from Jaguar Land Rover to be president of its Americas region. The British sports car maker said Thursday that Schwab's hiring will take effect Oct. 26.... Read More »

Daimler Chairman Bischoff has backing for another term

Oct. 2, 2015 16:25 CET

Daimler's supervisory board will seek to have Chairman Manfred Bischoff re-elected for another term at its annual shareholders' meeting in April.... Read More »

Autoliv ready to cut more staff in China as car sales stall

Oct. 2, 2015 14:47 CET

Autoliv is ready to cut more jobs in China as the supplier reacts to a decline in light vehicle production in the market in the past few quarters.... Read More »

ANE's October e-magazine goes live Monday

Oct. 2, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Oct. 5. This month's edition looks at the why Fiat Chrysler Automobiles CEO Sergio Marchionne's call for more large-scale consolidation in the global auto industry is being ignored.... Read More »

UAW-FCA agreement fails with 65% rank-and-file rejection

12:15 pm U.S. ET | Oct. 1, 2015

The UAW will return to the bargaining table with Fiat Chrysler after its membership rejected a proposed agreement by 65 percent, according to a statement released today by the union.... Read More »

VW's Horn to face U.S. House panel over emissions violations

6:38 pm U.S. ET | Oct. 1, 2015

Volkswagen of America CEO Michael Horn will go before a U.S. House panel next week to answer questions from lawmakers about the company's violations of U.S. diesel emissions rules.... Read More »

GM counting on big profits from parts and accessories, GM Financial

2:24 pm U.S. ET | Oct. 1, 2015

General Motors expects to pad its bottom line in coming years from substantial growth in its captive finance arm and its parts and accessories business, GM executives said today.... Read More »

Cox, Dealertrack chiefs hit road to explain $4 billion acquisition

1:34 pm U.S. ET | Oct. 1, 2015

Cox President Sandy Schwartz and Dealertrack CEO Mark O’Neil will be going on the road together over the next two weeks to meet with auto retailers to explain their $4 billion combination. The acquisition closed today.... Read More »

Winterkorn remains in four key VW posts

12:50 pm U.S. ET | Oct. 1, 2015

Martin Winterkorn, the former boss of Volkswagen who quit last week saying he wanted to give the German carmaker a "fresh start" to tackle a scandal over rigged vehicle emissions tests, remains in four key positions involved with the group.... Read More »

Volkswagen expects emissions investigation to take months

11:36 am U.S. ET | Oct. 1, 2015

Volkswagen expects it will need at least several months to get to the bottom of the rigging of emissions tests on its diesel vehicles, which has turned into the biggest business crisis in its 78-year history.... Read More »


BMW says emissions manipulation software is a 'no-go'

Oct. 1, 2015 16:18 CET

BMW's development chief has echoed rival automakers Daimler and Volvo in saying that the so-called "defeat device" that VW Group used to cheat U.S. diesel-emissions tests was a “no-go” at his company, adding that BMW has control systems to ensure such manipulation never occurs.... Read More »

GM targets double-digit earnings growth in 2016

10:51 am U.S. ET | Oct. 1, 2015

General Motors moved to convince Wall Street that its recovery is gathering momentum with improving margins, strong brands, new markets for high-tech vehicles, and prospects for stronger profits in coming years.... Read More »


VW's workforce feels effects of emissions scandal

Oct. 1, 2015 15:17 CET

VW Group's global workforce of 600,000 employees is starting to feel the effects of the diesel-emissions scandal as the carmaker cuts spending, drops shifts and freezes hiring in anticipation of fines, recalls and a drop in U.S. sales.... Read More »

Google co-founder Sergey Brin got Tesla's fourth Model X, report says

6:33 am U.S. ET | Oct. 1, 2015

Google co-founder Sergey Brin, an early investor in Tesla Motors, was one of the first customers to take delivery of Tesla's all-electric SUV, people familiar with the matter told Bloomberg.... Read More »

GM ramps up autonomous driving, mobility plans

9:00 am U.S. ET | Oct. 1, 2015

GM today disclosed plans for several new autonomous-driving and mobility initiatives -- from a New York City ride-sharing project to an electric bike -- in an effort to convince investors that it's ready for a coming disruption in the way people worldwide get around.... Read More »

GM veteran Harvey to head Vauxhall

Oct. 1, 2015 06:01 CET

GM veteran Rory Harvey has been appointed head of the Vauxhall brand in the UK. Harvey, 47, succeeds Tim Tozer, who is leaving the company, GM said.... Read More »

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