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Maserati dealer sues factory, alleging padded sales

3:04 pm U.S. ET | Sept. 2, 2015
A Maserati dealer has sued Maserati North America, saying the auto company insisted the dealership misrepresent sales, reporting 2014 vehicle sales as much as quadruple what they actually were, and discriminated against dealers who refused to participate, according to a complaint filed Friday, Aug.

VIDEO: AutoNews Now: From Hellcats to Heavy Duty Rams

12:01 am U.S. ET | Sept. 2, 2015
Hellcats to Heavy Duty Rams: FCA's 2016 lineup; Ford open to health-care pool; L-R's U.S. diesel debut; Model X decision time; Official Prius teaser.

AutoNation August sales drop 5% on calendar quirk

11:38 am U.S. ET | Sept. 2, 2015
AutoNation’s U.S. new-vehicle retail sales fell by 5 percent from a year prior to 31,032 vehicles in August, a decline driven largely by a drop in import sales and the Labor Day weekend falling completely in September this year.

Navistar reports a surprise Q3 loss amid U.S. investigation

2:52 pm U.S. ET | Sept. 2, 2015
Navistar International, the truck- and engine-maker that counts Carl Icahn as its biggest investor, posted a slight third-quarter loss when analysts had projected a profit.

Bill Ford says health care co-op possible in UAW talks

12:42 pm U.S. ET | Sept. 2, 2015
Ford Motor Executive Chairman Bill Ford said the company is considering a health-care co-op, an issue the UAW has raised in negotiations on a new contract.

HANNAH LUTZ

Will Gen Y push leasing sea change?

11:45 am U.S. ET | Sept. 2, 2015
When millennials are itching to get into a brand new car, many look to leasing.

Average U.S. new-vehicle mpg falls in August

2:13 pm U.S. ET | Sept. 2, 2015
The average stated fuel economy of new light vehicles sold in the United States fell in August and is down nearly 2 percent from the record high set a year ago, a University of Michigan report released today said.

Lincoln's captive launches free services for consumers

11:45 am U.S. ET | Sept. 2, 2015
Lincoln's captive finance arm launched a free credit monitoring and identity-theft protection package for all U.S. consumers who finance or lease with the lender. Lincoln Automotive Financial Services introduced the package on July 31.

Lease penetration rate warrants scrutiny, observers say

12:45 pm U.S. ET | Sept. 2, 2015
Leasing has accounted for a quarter of new-vehicle sales for more than a year. That might imply stability, but industry watchers say leasing penetration deserves close monitoring. With new-vehicle prices going up, many consumers lean toward leasing because they cannot afford new vehicles.

Plunging oil prices could affect auto delinquencies, TransUnion warns

12:30 pm U.S. ET | Sept. 2, 2015
Lost wages from plunging oil prices are expected to raise auto loan delinquencies in Canada, TransUnion says, and the company is watching for changes in the U.S.

German carmakers win U.S. antitrust approval to buy Nokia maps

12:14 pm U.S. ET | Sept. 2, 2015
German carmakers BMW, Audi and Mercedes have won U.S. antitrust approval to buy Nokia's maps business for around 2.5 billion euros ($2.8 billion), the Federal Trade Commission said today.

VW plans to extend CEO Winterkorn's contract until 2018

Sept. 2, 2015 10:02 CET
Volkswagen plans to extend the contract of CEO Martin Winterkorn until the end of 2018, a victory for the executive after he clashed with former Chairman Ferdinand Piech.

Former Saab CEO charged with giving false testimony

Sept. 2, 2015 16:44 CET
Former Saab Automobile CEO Jan Ake Jonsson was charged with giving false testimony when the aftermath of the Swedish automaker's bankruptcy played out in court.

Nissan marketing exec Mohnke adds U.S. sales duties

11:50 am U.S. ET | Sept. 2, 2015
Nissan North America’s chief marketing officer Dan Mohnke will add U.S. sales to his responsibilities beginning today, the automaker said in a news release.

F&I TIP

Use the product menu to show levels of coverage

11:32 am U.S. ET | Sept. 2, 2015
“The menu should become a solution to a problem,” said Elgie Bright, automotive marketing and management program chair at Northwood University. “Have the customer select the coverage that offers the best combination of price, length of coverage and protection to meet their needs.

CHRISTIAAN HETZNER

VW should strengthen oversight of CEO Winterkorn

9:55 am U.S. ET | Sept. 2, 2015
VW Group should strengthen oversight of CEO Martin Winterkorn, who is set to receive a two-year contract extension, by appointing Qatar Airways CEO Akbar Al Baker to its steering committee.

GM expects to be profitable in India in 5 years

6:53 am U.S. ET | Sept. 2, 2015
General Motors expects to be profitable in India in five years as it cuts costs and works toward increasing local content in its cars, the automaker's India chief told Reuters.

Hyundai brings back Nissan's Hatami as U.S. sales chief

8:00 am U.S. ET | Sept. 2, 2015
Derrick Hatami, who left Hyundai last January to become U.S. sales chief at Nissan, will return to Hyundai to fill the company's new vacancy for a U.S. sales chief.

2015 FRANKFURT AUTO SHOW

PSA's DS upscale brand to launch DS 4 crossover

Sept. 2, 2015 15:18 CET
DS Automobiles will launch a crossover-styled version of its DS 4 compact car called the DS 4 Crossback that will debut at the Frankfurt auto show. The car has a higher ride height than the hatchback version and a more rugged styling that includes large wheels and roof bars.

VIDEO: First Shift: Aug. U.S. sales winners, losers

12:01 am U.S. ET | Sept. 2, 2015
Aug. U.S. sales winners, losers; Luxury win for Lexus; Barra's Volt frustration; New Hyundai, Nissan U.S. sales chiefs; More time to run VW; Oprah gets a car, too.

German car sales rose 6% in August

Sept. 2, 2015 10:46 CET
German new-car registrations rose 6 percent in August, slowing from a growth rate of 7 percent in July. Germany joins France, Italy and Spain in reporting increased sales during a normally quiet month.

Volvo sales rise 3% in August as U.S. demand offsets slowing China

Sept. 2, 2015 11:38 CET
Volvo's global car sales rose 3.2 percent in August as strong growth in the U.S. helped offset a continued slide in China, which has been hit by slowing growth and stock market turmoil.

2015 FRANKFURT AUTO SHOW

Mercedes completes S-class family with luxury convertible

Sept. 2, 2015 09:03 CET
Mercedes will complete its S-class family with the sixth and final derivative of its flagship sedan next year, when it launches its first top-of-the-line four-seat convertible since 1971. The S-class cabriolet will be “the world's most comfortable convertible,” Mercedes says.

Opel will launch online retail banking in Germany

Sept. 2, 2015 12:24 CET
Opel will push into online retail banking in Germany and use consumer deposits to broaden the base of its financing operation.

Chinese supplier CW Bearing to build new U.S. headquarters near Detroit

6:50 am U.S. ET | Sept. 2, 2015
CW Bearing USA will invest $25.9 million to build a new U.S. headquarters and technical center in suburban Detroit, Michigan Gov. Rick Snyder’s office said.

AUGUST U.S. SALES

Sales edge down but SAAR soars to 17.81 million

8:00 am U.S. ET | Sept. 1, 2015
U.S. light-vehicle sales slipped 0.7 percent, far better than projections of a 3.3 percent dip, to 1.505 million in August as consumers shrugged off volatile stock prices and continued to splurge. The annualized pace of sales soared to 17.

Land Rover to roll out two diesels in October

12:56 pm U.S. ET | Sept. 1, 2015
Land Rover expects its first U.S. diesel vehicles will account for up to 20 percent of sales for the two SUVs powered by the new-generation engines. The Range Rover Td6 and Range Rover Sport Td6 go on sale in October and will cost about $1,500 more than the gasoline V-6 models.

RICHARD TRUETT

Is there room under the Blue Oval for Ranger, Bronco and Troller in U.S.?

11:15 am U.S. ET | Sept. 1, 2015
Ever since Ford dropped the midsize Ranger pickup in late 2011, the company has been pestered regularly and repeatedly about replacing it.

GM slips as fleet pullback continues

3:30 pm U.S. ET | Sept. 1, 2015
GM's U.S. sales slipped less than 1 percent in August, as the second straight monthly drop in fleet sales offset rising demand from individual buyers. GM sold 270,480 vehicles last month, down 0.7 percent from a year earlier. GM said retail sales rose 6 percent.

Jeep Wrangler to stay in Toledo, Cherokee leaving, Wrangler-based pickup coming

11:00 am U.S. ET | Sept. 1, 2015
Fiat Chrysler has decided to keep making the Jeep Wrangler in Toledo, Ohio, move production of the Jeep Cherokee to a nearby state and build a Jeep pickup. The news comes after 11 months of uncertainty about the fate of Wrangler production in its historic home.

JAY RAMEY

Will the next Nissan Z be a crossover?

11:15 am U.S. ET | Sept. 1, 2015
After scrapping production plans for the Nissan IDx coupes, there is now a very real possibility that the next Z car will be a crossover.

2015 FRANKFURT AUTO SHOW

Mercedes S-class cabrio will bow in Frankfurt

6:15 pm U.S. ET | Sept. 1, 2015
Mercedes-Benz is adding a fourth convertible to its North American lineup: the S class. The German automaker will introduce the car this month at the Frankfurt auto show. Press days are Sept. 15 and 16.

U.S. drops estimates for vehicles equipped with defective Takata airbags by 36%

4:16 pm U.S. ET | Sept. 1, 2015
U.S. auto safety regulators now believe about 19.2 million U.S. vehicles are covered by the recalls for Takata airbag inflators that can explode in a crash, 36 percent fewer than were thought earlier this summer to carry the defective parts.

Hyundai, Kia notch records on Santa Fe, Soul

4:15 pm U.S. ET | Sept. 1, 2015
Facing stock market turmoil and an unfriendly calendar, Korean siblings Hyundai and Kia still set monthly U.S. sales records in August on strong demand for crossovers. Hyundai reported selling 72,012 vehicles for the month, a 2.9 percent increase, as Kia claimed 58,897 units sold, up 7.7 percent.

Canada sales rise 2.2% in August

12:13 pm U.S. ET | Sept. 1, 2015
Light vehicle sales in Canada grew 2.2 percent in August to 175,512 vehicles, according to the monthly Desrosiers market snapshot report. Car sales plunged 9 percent during the month to 64,622 vehicles while truck sales surged 10 percent to 110,890 vehicles, Desrosiers said.

Lexus grabs second straight monthly U.S. sales win, narrows gap with BMW

3:16 pm U.S. ET | Sept. 1, 2015
Lexus sold the most luxury vehicles in the U.S. in August, riding a wave of demand for its new crossover to a second straight monthly win and narrowing the gap with BMW. Sales rose 2.1 percent from a year earlier to 33,487, including 4,448 of the new $34,480 NX SUV.

Ford's U.S. retail volume best since '06

1:30 pm U.S. ET | Sept. 1, 2015
Ford Motor Co. had its best retail-sales month since March 2006 in August, selling 183,467 vehicles in the U.S. Ford posted its highest F-series number of the year and gains of at least 20 percent for five crossover and SUV nameplates.

Toyota, Honda suffer from weak car deliveries

4:15 pm U.S. ET | Sept. 1, 2015
The declines in small and midsize car sales finally caught up to both Toyota and Honda in August. Toyota Motor Sales U.S.A. reported its August sales fell 8.8 percent from a year earlier to 224,381 vehicles, while American Honda Motor Co.'s sales dropped 6.9 percent to 155,491.

Weak Nissan, strong Infiniti results leaves Nissan N.A. off slightly

11:00 am U.S. ET | Sept. 1, 2015
Nissan North America reported a slight drop in U.S. sales in August, as lower car sales offset strong performances by the Rogue crossover, the Altima sedan and the Infiniti luxury brand.

JESSE SNYDER

Why the momentum could last

5:00 pm U.S. ET | Sept. 1, 2015
Auto marketers are still standing back from the edge of 2009’s pit of despair, though maybe some leaned in a bit last month.

VIDEO: AutoNews Now: SAAR up, sales down

12:01 am U.S. ET | Sept. 1, 2015
SAAR up, sales down; Hyundai departure; Toledo to keep a Jeep, lose a Jeep; FCA future product; 51 years of Malibus; Inside Infiniti Q30; Z crossover?

VW's run ends with 8.1% drop; Audi's hot streak continues

2:45 pm U.S. ET | Sept. 1, 2015
Audi of America posted its best August ever, while Volkswagen of America was unable to sustain its brief growth spurt. After posting higher U.S. sales in May, June and July, VW backtracked with an 8.1 percent decline last month.

Hyundai's U.S. sales chief Pradzinski departs abruptly

1:09 pm U.S. ET | Sept. 1, 2015
Bob Pradzinski, the No. 2 sales executive at Hyundai Motor America behind CEO Dave Zuchowski, has left the company, Hyundai said today. There was no immediate word on a successor for that post. Pradzinski, 55, was a 26-year Hyundai veteran.

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