Headlines for Tuesday, August 19, 2014

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A123 hires former JCI executive as chief technology officer

A123 Systems hired former Johnson Controls executive Patrick Hurley as its new chief technology officer. 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 »

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Dealer website provider Search Optics acquires DigiGo

Search Optics, a growing provider of dealer websites and digital marketing services, has purchased KPA's DigiGo division, formerly known as TK Carsites. Terms were not disclosed. Read More »

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Dealer software giant ADP Dealer Services to become CDK Global

ADP Dealer Services said today it will spin off from parent ADP with the name CDK Global. The dealer software giant expects to become an independent public company by October. It will be listed on the NASDAQ exchange under the symbol CDK. Read More »

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VINCE BOND JR.:

The Rolls-Royce that took 8 months to build

Turn 10 Studios needed extra time to digitally translate the Rolls-Royce Wraith's craftsmanship into “Forza Motorsport 5” on the Xbox One. Read More »

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THE GM RECALL:

GM expands website for owners of recalled vehicles

General Motors' website for owners of its vehicles recalled for faulty ignition switches has been expanded to include all 20 models involved, the automaker said. Read More »

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Aisin's North American growth drives more investment, new HQ

Aisin opened a new North American headquarters in suburban Detroit in July as part of the foreign subsidiary's ongoing growth stateside. 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 »

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Dutch car sales likely to fall to 45-year low, industry group says

Dutch car sales will likely fall to their lowest level since 1969 this year as sluggish economic recovery and weak consumer confidence hit demand, automotive industry consultancy group Aumacon says. Read More »

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Saab's owner seeks partner to secure brand's future

Saab's owner, National Electric Vehicle Sweden, says it is in discussions with potential partners as it seeks to restart car production and develop future models. Read More »

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Magna CEO in a shopping mood in post-Stronach era

Magna International, the largest auto supplier in North America, will consider purchases of as much as $4 billion as it distances itself from debt-averse founder Frank Stronach. Read More »

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AUTOMOTIVE NEWS EUROPE E-MAGAZINE:

Citroen's clever C4 Cactus

Citroen has found clever ways to make its new C4 Cactus an unconventional and affordable alternative to hatchbacks that dominate Europe's compact segment. Read More »

 
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Vauxhall flexes its muscles

Nick Gibbs
12:01 am U.S. ET | Sept. 14 2014

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Opel and Vauxhall's harmonious relationship was tested recently by the naming of their new minicar. ...
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Montezemolo's Ferrari departure no laughing matter

Gilles Castonguay
4:48 am U.S. ET | Sept. 12 2014

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After Ferrari Chairman Luca Cordero di Montezemolo said he will no longer lead the sports car brand, he and Sergio Marchionne made a great show of being good friends, but... ...
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Montezemolo's magic touch

Luca Ciferri
7:20 am U.S. ET | Sept. 10 2014

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When Ferrari Chairman Luca Cordero di Montezemolo officially steps down next month the supercar make ...
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Nissan, Renault, Dacia and Lada benefit from low-cost car vision

Luca Ciferri
12:01 am U.S. ET | Sept. 5 2014

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The global reach of Renault's budget-car program, which was dreamed up by former Renault CEO Louis S ...
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Mazda MX-5 restores love at first sight

Douglas A. Bolduc
6:28 am U.S. ET | Sept. 4 2014

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The new Mazda MX-5 instantly reignited a fire in this longtime Miata co-owner. ...
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Tough times for Carlos Ghosn

Douglas A. Bolduc
4:49 am U.S. ET | Sept. 2 2014

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Renault-Nissan CEO Carlos Ghosn has had three highly skilled leaders leave the alliance since last August. ...
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Hollywood glamour, Parisian chic and the Peugeot 308

Bruce Gain
12:01 am U.S. ET | Aug. 26 2014

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PSA is using the Hollywood film "Lucy" to give its Peugeot 308 a marketing boost in more than 50 mar ...
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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? ...
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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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Auto sector faltered in Q2
European automakers, suppliers and retailers experienced mixed fortunes in the second quarter of 2014, as measured by the Automotive News Europe/PricewaterhouseCoopers. ...
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Western European car sales extend mixed recovery
Western European car sales rose 1 percent in August, the 12th consecutive monthly gain, as faltering ...
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German, French and Italian car sales fall in August
New-car sales in Germany, France and Italy all fell slightly in August, a seasonally weak vacation m ...
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Spanish car sales rise 14% in August
Spain's new-car sales rose 14 percent to 45,355 in August, the twelfth straight month of increases, ...
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French car sales drop 3% on weak August demand
French car sales fell 3 percent last month, led by an 11 percent drop at Renault. ...
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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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VW-SAIC joint venture names industry veteran as president
Shanghai Volkswagen Automotive, a joint venture between VW and SAIC Motor, hired veteran executive Chen Zhangxian as its new president. ...
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Mazda names new sales chief for Europe
Mazda veteran Martijn ten Brink is the automaker's new head of sales in Europe. ...
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Lotus hires former Kia Europe exec Lievens
Lotus has hired Jean-Charles Lievens, Kia's former European markets expert, to develop the automaker ...
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Former BMW designer Rice is Mazda Europe's new design boss
Mazda has promoted Kevin Rice, who rejoined the automaker from BMW last year, to lead its European d ...
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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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Citroen touts 'cheerful' C1
Citroen is touting the C1's "cheerful" front-end design, open-top variant and a modern infotainment ...
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Mercedes has high hopes for S-class coupe
Mercedes expects a new name, fresh design and innovative technology will help double sales of the S- ...
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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 ...
 Read More ›
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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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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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