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2015 Chevy Silverado goes more high-end with new Rally 2 package

Chevrolet will offer a bold new trim package on light-duty Silverado pickups for the 2015 model year, an effort to keep pace with the proliferation of pricey, high-end models from rivals Ford and Ram. Read More »

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New 2015 Lincoln MKC ads star Matthew McConaughey

Lincoln has signed a multiyear endorsement contract with Oscar-winning actor Matthew McConaughey that will begin in September with a series of spots promoting the 2015 MKC compact luxury crossover. Read More »

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First Shift: Lincoln turns to Hollywood

Brand hires actor Matthew McConaughey as pitchman; Ford said planning a dedicated Prius fighter; recalls hurting Hertz. Read More »

Penske Media acquires Fairchild trade magazines from Conde Nast

Penske Media, the Los Angeles-based publishing company founded by automotive heir Jay Penske, is acquiring Fairchild Fashion Media’s trade magazines from Conde Nast Publications. Read More »

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Toyota to cut prices of Lexus parts in China amid antitrust concerns

Toyota said today it would cut prices of parts for its luxury Lexus models in China, following similar moves by its German rivals, in response to heightened regulatory scrutiny over antitrust issues. Read More »

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Denso fined $2.2 million in Canada for violation of competition law

Japanese supplier Denso said today it has been fined more than $2 million by a court in Canada for violation of that country's competition law in connection with sales of certain body electronic control units for motor vehicles. Read More »

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Sixt says BMW car-sharing venture is profitable in most cities

Germany's Sixt said its DriveNow car-sharing venture with BMW is profitable in cities where it has been operating for more than a year as sign-ups exceed forecasts. Read More »

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New and premium models boost UK car exports to July record

The UK has reported record car exports for July as production rose by nearly 3 percent year-on-year last month because of new models and strong sales of top-end vehicles. Read More »

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AUTOMOTIVE NEWS EUROPE E-MAGAZINE:

Conti exec says automated driving requires tight ties with many partners

Continental executive Helmut Matschi says automated driving will emerge gradually in the next decade. He also believes that to be successful, suppliers will need to collaborate more than ever with non-automotive companies. Read More »

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First Shift: Car that will 'define' Cadillac

Big car must be symbol of excellence, Reuss says; ADP Dealer Services changing name; Lear in leather?; L.A. show plans. Read More »

Police arrest 3 plant officials tied to deadly blast at China parts factory

Chinese police have arrested three people in connection with an explosion at an auto parts plant that killed 75 people in China's worst industrial accident in a year, state media reported. Read More »

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LG Chem says it has battery order from Audi for plug-in hybrid cars

LG Chem says it will supply batteries for Audi's growing lineup of plug-in hybrids. Audi began European sales of its first plug-in hybrid, the A3 Sportback e-tron, in June and plans to add at least three more plug-in hybrids. Read More »

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EU regulators seek to close car emissions testing loopholes

EU regulators are pushing for legislation that will require vehicles to be tested on roads rather than in laboratories in a bid to close loopholes that allow carmakers to exaggerate fuel-saving and emissions credentials. Read More »

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Ford plans new hybrid series to compete with Toyota Prius, report says

Ford plans to introduce a new hybrid gasoline-electric car in late 2018 to compete against the best-selling Toyota Prius, Reuters reported, citing two sources with knowledge of the company's plans. Read More »

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Hertz investor presses board to replace CEO Frissora

Hertz investor Fir Tree Partners, which holds more than 3 percent of the stock, is urging the company's board to replace CEO Mark Frissora because the firm disapproves of how he's running the car-rental provider. Read More »

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AutoNews Now: Gearing up to save fuel

8-speed transmission helps Corvette hit 29 mpg; CFPB fines subprime lender $2.75 million; LG Chem lands Audi battery deal. Read More »

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JIM HENRY:

Did dealers hurt themselves with the carve out?

There’s no mistaking that federal regulators are serious about policing auto lenders. By extension, auto dealers feel they’ve got a big target on their backs, too. Read More »

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2015 Corvette will get 29 mpg highway, GM says

An 8-speed automatic transmission debuting in the 2015 Chevrolet Corvette boosts fuel economy by 3.5 percent over the six-speed it replaces and gives the General Motors long-running sports car an EPA highway rating of 29 mpg, its highest rating ever. Read More »

CFPB fines subprime lender First Investors for sending credit bureaus inaccurate info

The Consumer Financial Protection Bureau fined subprime auto lender First Investors Financial Services Group nearly $3 million for knowingly providing inaccurate information to credit reporting agencies for at least three years. Read More »

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Uber hires former Obama adviser Plouffe to counter opponents

Uber Technologies, the popular mobile car-booking app, hired David Plouffe, a former top political adviser to President Obama, to help it cope with regulatory hurdles and mounting opposition from cabbies around the globe. Read More »

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Auto loans could get boost from revamped FICO scores

A planned update in the way FICO scores are calculated should help some borrowers qualify more easily for auto loans by putting less weight on overdue medical debt when calculating credit scores, according to Fair Isaac Corp. Read More »

Canadians stretch out auto loans as debt warnings go ignored

The average term of a light-vehicle loan in Canada is 69 months, close to a peak of 72 months set in the third quarter of 2013, according to J.D. Power. Longer-term car loans are leaving Canadians in debt for a longer time, analysts say. Read More »

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JAMIE LaREAU:

Skipping wheel-and-tire was big mistake

Wheel-and-tire insurance is a valuable product. There, I admit it. It's not the “snake oil” that a cynical friend once espoused it and other F&I products to be. Read More »

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Supplier Dayco names John Bohenick CEO

Automotive belt and pulley supplier Dayco Products today named John Bohenick as its new CEO. Bohenick will replace James Orchard in the position. Read More »

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Asbury targets underperformers, training as F&I gains stall

Asbury Automotive Group's improvement in average F&I revenues per vehicle retailed has stalled this year. Like other publicly traded auto retailers, Asbury plans to concentrate on squeezing improvements out of its bottom performers in F&I revenue per vehicle retailed. Read More »

Greens, industry square off over putting cars in EU carbon market

Environmental campaigners are bracing to take on big business over whether Europe should include road transport in the EU carbon market, a move that could bring down the costs faced by the auto industry to reduce emissions from new cars. Read More »

Subprime auto loan growth is 'less pronounced' in context, Fed analysts say

While auto lending is rising in all credit categories, subprime auto loans are growing the fastest because that segment dropped the most during the downturn, according to a study by four analysts from the Federal Reserve Bank of New York. Read More »

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Volvo swings to first-half profit on China, Europe gains

Volvo said it swung to a profit for the first half on the back of sharply rising sales in China and growth in Europe, which more than offset lingering weakness in the U.S. Read More »

F&I TIP:

Understanding female customers’ F&I acumen is key

Finance managers shouldn’t try to guess how much an unaccompanied woman knows or doesn’t know about buying and financing a car, says Anne Fleming, president of women-drivers.com. Read More »

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JAMES B. TREECE:

Searching far and wide for service techs

How far is your dealership willing to go to get well-qualified service technicians? GM dealers in the Mideast went all the way to the Philippines. Read More »

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Russia will consider support for car market, reports say

Russia will consider taking measures aimed at supporting the auto market, news agencies quoted Prime Minister Dmitry Medvedev as saying. Car sales in Russia fell 23 percent in July as consumers worry about the impact of the Ukraine crisis. Read More »

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China levies record $200 million fine on Japan suppliers

China has fined 12 Japanese suppliers a record 1.24 billion yuan ($200 million) for alleged price fixing amid one of the broadest investigations since the nation's antitrust law came into effect six years ago. Read More »

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HANS GREIMEL:

Why Korea could be next to crack down on foreign brand pricing

Could China's crackdown on perceived price gouging by foreign automakers trigger a domino effect next door in South Korea, where sale of overseas brands are heating up? Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE:

Bosch, Faurecia, ZF grow in 2013; combined Europe sales for top 30 rise 7%

Europe's biggest suppliers rebounded last year as the region showed signs of recovery in the final months of 2013. Overall 2013 European sales by suppliers in the top 30 increased by 7 percent to $183.5 billion compared with the year before. Read More »

NHTSA launches VIN tool to search for recalls

Car buyers and owners can use a vehicle's identification number to identify open or unrepaired safety recalls with a new search tool released by NHTSA starting today. Consumers enter a VIN to find out whether the vehicle has any open, unrepaired recalls and whether the automaker has a fix available. Read More »

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Cadillac's new flagship sedan to define innovation, excellence, Reuss vows

GM global product chief Mark Reuss said that a large luxury sedan being developed for Cadillac will "define its brand" and is a prerequisite to competing against rivals BMW, Mercedes-Benz, Audi and Lexus. Read More »

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AutoNews Now: Honda on avoiding 'stupid things'

Company not counting on fleet, long loans or spiffs to build share, exec says; Saab seeking a partner; valet-proofing the Vette. Read More »

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First Shift: Porsche growing too much?

Sales push has some wondering if exclusivity is at risk; U.S. 'talking car' push; woman sues GM, claims burn from heated seat. Read More »

2 Japanese suppliers fined in China's antitrust crackdown

China's antitrust regulator fined Japanese bearing makers NSK Ltd. and NTN Corp. a combined 4.8 billion yen ($47 million) for violating rules in a probe into industry pricing practices. Read More »

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Lear to buy leather supplier Eagle Ottawa for $800 million, reports say

Lear is finalizing a deal to acquire automotive seat leather supplier Eagle Ottawa, media reports said, citing sources close to the deal. Lear, based in Michigan, is expected to pay more than $800 million for Eagle Ottawa, the world's largest supplier of leather to the automotive market. Read More »

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Japan's NGK pleads guilty, to pay $52.1 million U.S. fine for price fixing

Japanese supplier NGK Spark Plug agreed to plead guilty and pay a $52 million criminal fine over its role in a conspiracy to fix prices and rig bids for spark plugs and other automotive parts, the Department of Justice said. Read More »

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Honda's Mendel says U.S. sales 'near top,' warns market may suffer from 'stupid things'

Auto sales in the United States are approaching the highest levels that the market can sustainably support and could suffer long-term damage as automakers increasingly turn to subprime financing and seven-year loans to boost market share, the top sales executive at American Honda warned today. Read More »

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NICK BUNKLEY:

Why Honda's John Mendel wants customers to buy a Treasury bond on wheels

Jittery stock market? Honda's John Mendel wants you to take your money out of Google, Apple and Tesla -- and put it in Hondas. Not Honda stock. Actual Hondas. They're like Treasury bonds on wheels, with cupholders. Read More »

 
Most Read
Why Korea could be next to crack down on foreign brand pricing

Hans Greimel
12:01 am U.S. ET | Aug. 20 2014

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Could China's crackdown on perceived price gouging by foreign automakers trigger a domino effect next door in South Korea, where sale of overseas brands are heating up? ...
 Read More ›

Why Beijing's antitrust crackdown has little to do with protectionism

Yang Jian
12:01 am U.S. ET | Aug. 17 2014

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Beijing's slew of antitrust investigations into the pricing practices of foreign automakers is more likely to harm Chinese brands than to protect them. ...
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Ford Fiesta, VW Polo make big moves in Web world

Douglas A. Bolduc
12:01 am U.S. ET | Aug. 15 2014

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The Ford Fiesta and VW Polo were big Web winners during the second quarter. Other stars were the Lan ...
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Automakers to face intensified scrutiny over voice recognition

Lindsay Chappell
12:01 am U.S. ET | Aug. 14 2014

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The world's automakers are going to be doing a lot of cringing now that J.D. ...
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Lamborghini's special power to punctuate popularity

Douglas A. Bolduc
12:01 am U.S. ET | Aug. 13 2014 UPDATED: Aug. 13 17:40 CET -- corrects height of front lift

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Nothing can prepare you for the sudden popularity that comes with driving a Lamborghini. ...
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Why China's NDRC has become country's antitrust watchdog

Yang Jian
12:01 am U.S. ET | Aug. 12 2014

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China's NDRC used to be very friendly toward foreign automakers, approving numerous factory projects. ...
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Audi's war chest could buy Fiat Chrysler


12:01 am U.S. ET | Aug. 7 2014

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If there is one thing that Audi's first-half results prove, it's that VW Group's premium brand earns so much cash it could easily swallow Fiat-Chrysler whole ...
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For some investors, Fiat's meeting to approve Chrysler merger felt like a funeral

Gilles Castonguay
12:42 pm U.S. ET | Aug. 1 2014

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Fiat shareholders were in a resigned mood when they met to vote on the carmaker's merger with Chrysler. ...
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Fiat would find a safe haven in VW

Guido Reinking
4:59 am U.S. ET | July 29 2014

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Reports that VW may buy Fiat-Chrysler sound improbable, but the idea has appeal. ...
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VW, Ford, Nissan eye China's entry-level market

Yang Jian
4:35 am U.S. ET | July 28 2014

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Global automakers have long been reluctant to sell cheaper vehicles in China as they seek to protect ...
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Recovery on track as western Europe car sales rise 5%
Car sales in western Europe grew by 5 percent in July to a little more than 1 million vehicles, brin ...
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Strong UK car sales in July part of improving European trend
New-car sales in the UK rose by 7 percent in July, as the country's credit-backed growth continued. The increase follows volume growth last month in Germany, Italy and Spain. ...
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German car sales bounce back in July
New-car sales in Germany bounced back in July, suggesting further improvement in second-half demand ...
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European car sales rise 4%, boosted by incentives
European car sales rose 4 percent in June as an economic recovery in southern Europe, new product la ...
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Ford, Toyota models will help boost Turkish car output to record
New models from Ford, Toyota and Hyundai are expected to help boost Turkish automotive production to ...
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Russian car sales sink most in 4 years on ruble weakness
Sales of new cars in Russia plunged by the most in more than four years in June as a weaker ruble cu ...
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German car market slows as France, Spain, Italy continue recovery
French, Spanish and Italian car sales rose in June while the German market slowed down, held back by fewer working days as the European market rebound remained intact. ...
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Europe car sales rise for ninth month
Europe's car sales rose 4 percent in May as growing consumer confidence encouraged purchases of new ...
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UK car sales rise to 10-year monthly record in May
UK car sales rose nearly 8 percent in May to hit a 10-year record for the month, but future demand i ...
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European car sales lackluster in May
New-car registrations across Europe were generally lackluster in May after a rebound in the first fe ...
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Europe's slump creates new opportunities at the top
Europe's car sales slump took its toll on the executive ranks at automakers active in the region. ...
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Bentley names VW China exec as CFO
Bentley has appointed Joerg Mull, executive vice president of finance at Volkswagen Group in China, as its new finance chief. ...
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Bentley names VW veteran as human resources chief
Bentley named VW Group executive Marlies Rogait as its new head of human resources. ...
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Rolls-Royce names new China boss
Rolls-Royce has named BMW veteran Leon Li as regional director for its China operations. ...
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CLEPA names new CEO
Veteran supplier executive Paul Schockmel is the new CEO of Europe's partmakers association, CLEPA. He succeeds Jean-Marc Gales who is now CEO of sports car maker Lotus. ...
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Infiniti lures BMW exec to head global operations
Infiniti has named longtime BMW executive Gaby-Luise Wuest as its head of global operations. ...
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Germany's Kiekert names new Asia chief
Kiekert, a German supplier of automotive door locks and latches, has named Karl Lambertz director of its Asian operations. ...
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VW taps veteran German exec for top U.S. quality post
Volkswagen Group of America named German national Stefan Schueller quality chief for VW and Audi in the United States. ...
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Renault names new engineering chief
Renault named company veteran Gaspar Gascon Abellan as its new engineering chief. Abellan succeeds J ...
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SGL Carbon names Majerus as CFO
Carbon fiber manufacturer SGL Carbon has named Michael Majerus as its new chief financial officer. He starts a three-year term on July 1. ...
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Citroen's clever C4 Cactus
Citroen has found clever ways to make its new C4 Cactus an unconventional and affordable alternative ...
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Toyota Aygo gets 'fun' makeover
Toyota is aiming its new Aygo minicar at younger buyers who don't take themselves too seriously, par ...
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Nissan X-Trail gets sporty
Nissan's new X-Trail, which is now available with front-wheel-drive and seven-seat models, has a dis ...
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The 'better Golf'
Volkswagen says the Golf Sportsvan combines the agility of the classic Golf hatchback with the roomi ...
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Honda rolls out the Civic wagon
Honda hopes that sleek styling and a smart interior will help its new Civic Tourer station wagon boo ...
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Ferrari California T is brand's fuel-sipper
Ferrari expects its California T, the brand's only model with a turbocharged engine, to attract cust ...
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BMW X4 fills tall order
BMW has taken steps to ensure that tall people will still feel comfortable inside the new X4 by lowe ...
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Nissan wants e-NV200 to win sales from diesels
Nissan wants fleet managers in Europe to turn away from diesel-powered delivery vans in favor of its ...
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Peugeot's crossover fighter
Peugeot has high hopes for the new 308 SW despite many customers deserting compact station wagons fo ...
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Porsche adds second SUV
Porsche hopes its Macan compact SUV will be able to repeat the success of its Cayenne, which account ...
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Osram provides BMW i8's laser lights
Osram provides the headlamps for the optional laser high beams on the BMW i8 plug-in hybrid supercar ...
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Delphi helps reduce CO2, noise in new Peugeot 308
Delphi supplies the injectors to the new Peugeot 308's gasoline direct-injection engine, which produ ...
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Roechling, Plastic Omnium help cut CO2 in new Nissan Qashqai
Roechling Automotive and Plastic Omnium help reduce the drag coefficient in the new Nissan Qashqai t ...
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Brose, Behr, Conti keep Skoda Octavia's cabin cozy
Several suppliers contributed to the Octavia's HVAC system. ...
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TrelleborgVibracoustic helps cut CO2 in Porsche Macan
TrelleborgVibracoustic supplies the Porsche Macan's optional air springs that allow the crossover to ...
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