Daily Email Friday

Aston Martin picks Ally Financial as preferred U.S. lender

11:44 am U.S. ET | May 1, 2015

Aston Martin Lagonda named Ally Financial, the former GM financing arm, as its preferred US auto lender to help the maker of luxury sports cars expand sales.... Read More »

APRIL U.S. AUTO SALES

Light trucks drive industry to 4.6% gain

8:30 am U.S. ET | May 1, 2015

U.S. light-vehicle sales, fueled by demand for light trucks, rose 4.6 percent in April as every automaker but Honda recorded an increase. The industry stretched its streak of advances from the year-earlier month to 14, yet the total was weaker than analysts' forecasts.... Read More »

Ram debuts 2 new ads during Kentucky Derby

3:57 pm U.S. ET | May 1, 2015

Ram debuted two TV ads that highlight female leaders and breaking away from the pack during the Kentucky Derby Saturday.... Read More »

Benz overtakes BMW in U.S. luxury race

3:33 pm U.S. ET | May 1, 2015

Luxury auto sales are outpacing U.S. industry gains as BMW and Mercedes-Benz lure buyers from mainstream brands with lower-priced models. In April, Mercedes pulled ahead of BMW to take the luxury-brand lead.... Read More »

Tesla unveils batteries for homes, businesses

6:26 am U.S. ET | May 1, 2015

Tesla Motors CEO Elon Musk unveiled a suite of batteries to store electricity for homes, businesses and utilities, saying a greener power grid furthers the company's mission to provide pollution-free energy.... Read More »

Nissan Versa carpet probe expanded by NHTSA

11:25 am U.S. ET | May 1, 2015

NHTSA is expanding an investigation of 360,000 Nissan Versa sedans and Versa Note hatchbacks to include the 2015 models. Carpet trim paneling may interfere with drivers' ability to brake and may cause inadvertent acceleration, NHTSA said.... Read More »

GM tops rivals in Canada

3:24 pm U.S. ET | May 1, 2015

General Motors jumped to the top of the Canadian sales rankings for April as it sold 15 percent more cars and trucks than a year earlier, the company said today, winning a crown usually held by its rivals.... Read More »

Honda, Takata sued over fatality in Malaysia

6:43 am U.S. ET | May 1, 2015

The father of a pregnant woman killed by shrapnel from an airbag that deployed during an auto accident in Malaysia sued Takata and Honda in the US.... Read More »

American Axle profits rise; non-GM sales grow

8:53 am U.S. ET | May 1, 2015

American Axle & Manufacturing Holdings reported improved first-quarter earnings thanks to strong North American truck and SUV sales.... 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 »

AMY WILSON

BLOG: Family takes Dave Smith name forward

1:58 pm U.S. ET | May 1, 2015

Ken Smith wants his dad’s name to live on. And it’s about to, in a much bigger way.... Read More »

LARRY P. VELLEQUETTE

BLOG: Maybe NHTSA could use excessive force to fix old Jeeps -- or leg traps

2:25 pm U.S. ET | April 24, 2015

So the National Highway Traffic Safety Administration is considering its options on how to speed up the repair rate on a couple older recalls. May I suggest leg traps?... Read More »

Mazda quarterly profits fall on currency losses while sales rise

6:41 am U.S. ET | April 24, 2015

Profits fell at Mazda in the January-March quarter, undercut by higher outlays for marketing and factory startups and foreign exchange losses, despite rising sales.... Read More »

Ford recalls 390,000 cars to fix doors that may fly open while driving

3:51 pm U.S. ET | April 24, 2015

Ford is recalling about 390,000 cars for an issue that could prevent the doors from latching or allow them to open unexpectedly while driving. The recall covers the 2012-14 Ford Fiesta, 2013-14 Ford Fusion and 2013-14 Lincoln MKZ, all of which were built in Mexico.... Read More »

Mitsubishi posts first annual N.A. profit in seven years

7:47 am U.S. ET | April 24, 2015

Mitsubishi booked double-digit profit increases in the latest quarter to propel the carmaker to record annual earnings and its first North America profit in seven years.... Read More »

GM paid Barra $16.2 million in 2014

11:00 am U.S. ET | April 24, 2015

GM CEO Mary Barra received $16.2 million in total compensation during her first year leading the automaker, GM said in a regulatory filing today. Barra's payout included a base salary of $1.6 million, stock awards totaling $11.8 million, and $2.1 million from a short-term, nonequity incentive tied to several performance measures, such as GM's pretax profit and global market share.... Read More »

Supplier ThyssenKrupp plans to invest $869 million in N.A. by 2020

11:39 am U.S. ET | April 24, 2015

German industrial group ThyssenKrupp plans to invest more than 800 million euros ($869 million) in North America by 2020 to take advantage of increased auto production.... Read More »

Lear Q1 net income, revenue up after Eagle Ottawa acquisition

11:25 am U.S. ET | April 24, 2015

Seating and electronics supplier Lear acquired leather supplier Eagle Ottawa in the first quarter and said that net income during the period increased 20 percent and revenue jumped 3.7 percent from the year earlier.... Read More »

Toyota makes noise with Mirai hydrogen fuel cell vehicle

10:18 am U.S. ET | April 24, 2015

For all its silence, Toyota's Mirai hydrogen fuel cell vehicle actually can be pretty noisy. Ironically, that is because the car is propelled by a whispering electric motor that allows the driver to pick up sounds that might otherwise be droned out. And the distinct whirring and intermittent clicking are unique to its hydrogen drivetrain.... Read More »

MIKE COLIAS

BLOG: Buick chief says new China duties won't distract from 'a lot more to do' in U.S.

6:00 am U.S. ET | April 24, 2015

In the year since he took over the Buick and GMC brands in the U.S., Duncan Aldred has made a lot of fans among dealers.... Read More »

Former Hitachi exec sentenced to 15 months in prison after guilty plea for price fixing

5:45 am U.S. ET | April 23, 2015

A former executive with Hitachi Automotive Systems pleaded guilty and was sentenced to 15 months in prison for conspiring to fix prices on a number of automotive parts sold in the United States.... Read More »

Fiat 500X seeks to fill holes in Italian brand's lineup

12:01 am U.S. ET | April 17, 2015

With the 500X, a new crossover with optional all-wheel drive, Fiat hopes to make inroads in the snow belt. For $1,900, consumers can get awd in the 500X. The system disconnects the rear driveshaft and rear differential automatically when additional traction is unneeded, improving fuel economy.... Read More »

Ford to spend $2.5 billion on new Mexico engine, transmission operations

1:08 pm U.S. ET | April 17, 2015

Ford, confirming reports from earlier this week, will spend $2.5 billion to build a new generation of fuel-efficient engines and transmissions in Mexico, creating 3,800 jobs. The company will build a new engine line within its engine plant in the northern state of Chihuahua. The company will also build a transmission plant in the central state of Guanajuato.... Read More »

GM counting on high-speed Internet services in car to drive profits

2:32 pm U.S. ET | April 17, 2015

Buyers of GM vehicles will increasingly be able to use in-car mobile broadband systems to book hotel rooms, cut deals on driver insurance, pay for data usage and conduct a host of other transactions. And each time they do, GM will get a small cut from the seller.... Read More »

New Jeep Renegade ad campaign has an indie-rock youth vibe

8:00 am U.S. ET | April 17, 2015

In its new Renegade campaign, Jeep wanted up-and-coming artists to lay a soundtrack aimed at millennials instead of more established acts.... 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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