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Toyota confirms new crossover for Europe; U.S. sales also planned

Feb. 11, 2016 17:18 CET
Toyota confirmed it will launch a new compact SUV/crossover in Europe based on its C-HR concept. The car will be built in the automaker's factory in Turkey for European markets starting toward the end of the year.

Hyundai freshens Santa Fe family amid U.S. production boost

12:00 pm U.S. ET | Feb. 11, 2016
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.

Lower-priced Sprinter van targets plumbers, electricians

8:30 am U.S. ET | Feb. 11, 2016
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.

Penske Automotive posts mixed results for Q4

11:35 am U.S. ET | Feb. 11, 2016
Penske Automotive today posted mixed results for the fourth quarter as earnings from continuing operations improved but net income fell. The company said continuing operations income rose 4.5 percent to $73 million, but net income dropped 2.6 percent to $71.3 million.

VIDEO: A Q&A with Richfield Bloomington Honda’s Tim Carter

12:01 am U.S. ET | Feb. 11, 2016

Nissan's half-ton Titan will have different, shorter chassis than Titan XD

11:30 am U.S. ET | Feb. 11, 2016
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.

Q&A with Richfield Bloomington Honda's Tim Carter

Heated floors and more: Designing a store around service

11:00 am U.S. ET | Feb. 11, 2016
Richfield Bloomington Honda General Manager Tim Carter and his employees helped design a new, three-story dealership next door to their current store in suburban Minneapolis. Carter discussed the new dealership and its focus on service business with Automotive News TV Editor Tom Worobec.

VIDEO: High on service: Inside the towering Richfield Bloomington Honda

12:01 am U.S. ET | Feb. 11, 2016
General Manager Tim Carter needed more room to repair cars. So he and his crew mapped out what they needed in a new dealership.

DOUGLAS A. BOLDUC

GM's rising faith in Opel

12:01 am U.S. ET | Feb. 11, 2016
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

Feb. 11, 2016 12:05 CET
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.

Kia adds plug-in hybrid to Optima lineup

10:15 am U.S. ET | Feb. 11, 2016
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.

Kia hybrid crossover aims for Prius-like mpg

10:15 am U.S. ET | Feb. 11, 2016
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.

Daimler will invest $2.94 billion on cleaner diesels

Feb. 11, 2016 15:21 CET
Daimler will spend $2.94 billion by 2019 on developing next-generation diesel engines to help the automaker to meet new pollution-measuring standards.

Jaguar Land Rover will build XE sports sedan in India

Feb. 11, 2016 14:40 CET
Jaguar Land Rover will begin assembly of a fourth model, the Jaguar XE sedan, at its plant in Pune, India.

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Range Rover Evoque convertible is not a 'niche too far'

Feb. 11, 2016 14:54 CET
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.

Group 1 adjusted earnings fall in Q4; Brazil hurts bottom line

7:30 am U.S. ET | Feb. 11, 2016
Group 1 Automotive reported solid growth in fourth-quarter revenue, thanks to higher vehicle sales, but its profit picture was mixed as a result of tighter margins on new cars, especially luxury vehicles, and a one-time charge related to its chain of dealerships in Brazil.

VIDEO: First Shift: Nissan Armada takes luxury turn

12:01 am U.S. ET | Feb. 11, 2016
In Chicago: Nissan Armada takes luxury turn, Ram freshens Power Wagon, Ford talks SUVs; Honda teases Civic hatchback; Opel's Bolt; Tesla Model 3 update; Hyundai brand cheapest to own.

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Porsche's new sales boss predicts continued growth after record 2015

Feb. 11, 2016 06:01 CET
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

Feb. 11, 2016 11:24 CET
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.

Opel will launch long-range, affordable electric car in 2017

Feb. 11, 2016 10:19 CET
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.

NICK GIBBS

Ford can boost Europe profits by adding upscale Vignale SUVs

12:01 am U.S. ET | Feb. 11, 2016
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

12:01 am U.S. ET | Feb. 11, 2016
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.

Seat Ateca takes aim at booming SUV market

Feb. 10, 2016 23:12 CET
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?

10:21 am U.S. ET | Feb. 10, 2016
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.

2016 GENEVA AUTO SHOW

Honda hints at sporty Civic hatchback

Feb. 10, 2016 12:29 CET
Honda will preview its next Civic hatchback with a sporty prototype at the upcoming Geneva auto show. The five-door model will be rolled out globally next year including in the U.S.

Renault will launch Koleos successor in Europe

Feb. 10, 2016 06:01 CET
Renault will begin selling a replacement for its Koleos SUV in Europe next year. Unlike its platform sibling, the Nissan X-Trail, the Renault model will not offer a seven-seat version.

Chevy freshens Trax as crossover competition multiplies

12:01 am U.S. ET | Feb. 10, 2016
The Chevrolet Trax will get a new face and freshened interior for the 2017 model year, an effort to stay ahead of a slew of newcomers in the burgeoning market for subcompact crossovers.

Nissan's Patrol platform yields a new Armada

7:00 pm U.S. ET | Feb. 10, 2016
The 2017 Armada will no longer share its underpinnings and Mississippi factory with the brawny Titan pickup. Instead, Nissan will produce the 2017 Armada in Kyushu, Japan, on the same Nissan Patrol platform that now yields the luxury Infiniti QX80 SUV.

Tesla revenue spikes on Model S demand, but Q4 losses grow to $320M

4:55 pm U.S. ET | Feb. 10, 2016
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.

Camaro 1LE performance version will offer V-6

12:01 am U.S. ET | Feb. 10, 2016
The Chevrolet Camaro 1LE track-ready performance model that debuts this week at the Chicago Auto Show will for the first time be offered with a V-6 engine under the hood.

About 1 in 5 U.S. vehicles has open safety recall, Carfax says

4:21 pm U.S. ET | Feb. 10, 2016
Nearly one in five vehicles on U.S. roads is in need of repair of a safety issue serious enough to be involved in a federal government recall, according to used-car history provider Carfax.

Subaru recalls 77,000 Tribecas for hood latch defect

3:58 pm U.S. ET | Feb. 10, 2016
Subaru is recalling 77,000 Tribeca SUVs from the 2006-14 model years in the U.S. for a defect that could cause the hood to unexpectedly open while driving.

VIDEO: AutoNews Now: Hyundai targets counterfeit parts

12:01 am U.S. ET | Feb. 10, 2016
Hyundai targets counterfeit auto parts; VW Group of America recalls 850K; Cadillac XT5 pricing plan; GM employee stabbed; Mercedes tops Audi, BMW in January; Autonomous snow woes.

LARRY P. VELLEQUETTE

I agree with NHTSA: E-shifters stink, but they're not defective

2:07 pm U.S. ET | Feb. 10, 2016
I have something in common with the fine folks at the National Highway Traffic Safety Administration: I don't like e-shifters, either. But let's be clear. This isn't an alleged defect.

Cadillac prices XT5 below rivals, but aims high

12:09 pm U.S. ET | Feb. 10, 2016
The new 2017 Cadillac XT5 will have a base sticker price of $39,990, including shipping, when it hits showrooms in April -- about $1,400 more than its predecessor, the SRX, but considerably less than key competitors in the luxury midsize crossover market.

GM Tech Center employee stabbed on campus

12:33 pm U.S. ET | Feb. 10, 2016
A General Motors employee was in critical condition today after she was stabbed multiple times on the campus of the automaker's Technical Center in Warren, Mich.

VW, Audi, BMW recall 1.7 million U.S. cars with Takata airbags

8:27 am U.S. ET | Feb. 10, 2016
The Volkswagen Group of America is recalling about 850,000 vehicles due to potentially faulty airbags made by Japanese supplier Takata -- the company at the center of a long-running global safety crisis. BMW added another 840,000 vehicles to the recall.

GM ignition-switch deal will not be reviewed, U.S. judge rules

11:29 am U.S. ET | Feb. 10, 2016
A U.S. judge today rejected a request to reconsider his approval of a settlement fund to resolve more than a thousand lawsuits over deaths and injuries blamed on an ignition-switch defect that prompted GM to recall 2.6 million vehicles.

HANNAH LUTZ

When a client dies, lender can make or break trust

11:00 am U.S. ET | Feb. 10, 2016
A consumer's death during his or her lease term isn't a common occurrence, but how the lender responds to the needs of the consumer's family members makes a lasting impression.

CU Direct's network ranks third, again, in auto-loan originations

11:00 am U.S. ET | Feb. 10, 2016
Credit unions on CU Direct's lending network originated a record 1.06 million auto loans in 2015, up 13 percent. For the second straight year, the CUDL network was the nation's third-biggest lender based on auto loan originations, trailing only Ally and Wells Fargo.

Death and leases: The challenge of helping a grieving family

11:00 am U.S. ET | Feb. 10, 2016
When a lease customer dies during his or her term, what happens to the contract? Mercedes-Benz Financial has simplified the required steps for grieving family members.

F&I TIP

Start the conversation online

10:37 am U.S. ET | Feb. 10, 2016
Start the F&I conversation online to make the purchase and financing process “more streamlined,” advises Becky Chernek, president of Chernek Consulting.

Self-driving cars succumb to snow blindness as driving lanes disappear

6:41 am U.S. ET | Feb. 10, 2016
As automakers race to get robot cars on the road, they're encountering an obstacle very familiar to humans: Old Man Winter. Simple snow can render the most advanced computing power useless and leave vehicles dead on the highway.

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