Headlines for Tuesday, November 13, 2012

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VIDEO: AutoNews Now: The scion behind Sergio

12:01 am U.S. ET | Nov. 13, 2012
Marchionne's youthful boss keeps focus on Fiat's home market: Italy; Ford's minivan that isn't; Honda refines Civic for 2013.

L.A. AUTO SHOW

Ford aims anti-minivan at the under-30 crowd

6:10 pm U.S. ET | Nov. 13, 2012
Ford is planning a seven-passenger vehicle aimed at young families that features sliding doors and enough interior space to hold some 465 soccer balls. But don't call it a minivan.

Is there enough business for three roof system suppliers?

11:00 am U.S. ET | Nov. 13, 2012
After a round of bankruptcies and buyouts, the world of roof system suppliers has narrowed to three major players: Webasto Roof Systems, Magna Steyr and Valmet Automotive.

VIDEO: First Shift: Battle over Chrysler stake

12:01 am U.S. ET | Nov. 13, 2012
UAW trust wants more before selling to Fiat, Mulally to meet with Obama on 'fiscal cliff,' Tesla win, dealer's personal journey.

Pricing power shifts to suppliers

11:00 am U.S. ET | Nov. 13, 2012
With North American vehicle production headed toward 15 million-plus units next year, automakers are encountering a new breed of supplier: the one that says “no.

Toyota agrees to $25.5 million U.S. investor lawsuit settlement

10:49 pm U.S. ET | Nov. 13, 2012
Toyota agreed on Tuesday to pay $25.5 million to settle a shareholder class action lawsuit in federal court accusing the company of not disclosing safety and quality issues related to recalls and reports of unintended vehicle acceleration in 2010.

Stadler says Audi to hit 2012 global sales goal despite Europe's slump

1:19 pm U.S. ET | Nov. 13, 2012
Audi, the world's second-largest maker of luxury cars, said it's on track to reach a goal of selling a record 1.4 million vehicles in 2012 and expects the momentum to continue into next year.

DAVID SEDGWICK

Suppliers dodge a bullet named Sandy, but still must track parts

12:01 am U.S. ET | Nov. 13, 2012
Hurricane Sandy destroyed thousands of cars and trucks at dealerships along the East Coast, but automotive suppliers survived with relatively little damage.

Obama win should fuel electric car production, says Tesla CEO

7:37 am U.S. ET | Nov. 13, 2012
The re-election of President Barack Obama will likely mean a continuation of the federal government's policy promoting electric and hybrid vehicles, Tesla CEO Elon Musk said Monday.

Mulally to join corporate chiefs in U.S. deficit talks with Obama

1:45 pm U.S. ET | Nov. 13, 2012
Ford CEO Alan Mulally will be one of a dozen American corporate leaders meeting with President Barack Obama Wednesday to discuss ways to control the federal deficit, the White House said Monday.

Share of older U.S. male drivers declines

1:35 pm U.S. ET | Nov. 13, 2012
The proportion of older male drivers on U.S. roads is declining, which will affect vehicle demand, energy consumption and road safety, University of Michigan researchers say.

Lamborghini CEO says ultra-luxury car demand won’t grow in 2013

12:49 pm U.S. ET | Nov. 13, 2012
Lamborghini CEO Stephan Winkelmann said global demand for ultra-luxury sports cars will probably not increase next year as the European debt crisis drags on and China’s economy slows.

Head-up displays get a new pitch: Safety gear

11:00 am U.S. ET | Nov. 13, 2012
Head-up displays are getting a fresh look as safety-alert devices. Suppliers such as Denso, Nippon Seiki, Continental and Delphi Automotive are developing head-up displays that project larger, brighter and more detailed images on the windshield.

JV pushes Valeo to No. 2 HVAC supplier in N.A.

11:00 am U.S. ET | Nov. 13, 2012
Valeo is poised to become North America's second-largest producer of climate-control systems now that the French supplier has formed a joint venture to acquire operations producing those systems from Ford's Automotive Components Holding unit.

GM, Peugeot halt talks on deeper tie-up, report says

11:19 am U.S. ET | Nov. 13, 2012
GM and alliance partner PSA Peugeot Citroen have halted talks on a deeper tie-up amid misgivings about the French carmaker's worsening finances and government-backed bailout, people familiar with the matter told Reuters.

Suppliers to the 2013 Honda Accord

12:01 am U.S. ET | Nov. 13, 2012
The redesigned Accord, 3.5 inches shorter than its predecessor, is powered by a 2.4-liter inline-four engine with gasoline direct injection. The available 3.5-liter V-6 engine has cylinder deactivation. These supplier data are compiled by

Delphi completes acquisition of connectors unit

12:01 am U.S. ET | Nov. 13, 2012
Delphi Automotive has completed the $982 million acquisition of FCI Group’s Motorized Vehicles Division, which supplies connectors.

Visteon opens design center in India

12:01 am U.S. ET | Nov. 13, 2012
Visteon has opened a design center in Pune, India. The facility, part of a Visteon engineering center, will house experts in human-machine interface, plus engineers, program managers and market researchers.

IAC dedicates interior parts plant in Romania

12:01 am U.S. ET | Nov. 13, 2012
International Automotive Components Group has opened a plant in Romania to produce interior components.

Goodyear to trim 200 jobs at N.C. tire plant

12:01 am U.S. ET | Nov. 13, 2012
Goodyear Tire & Rubber Co. plans to eliminate 200 jobs at its tire plant in Fayetteville, N.C.

TRW has contracts to produce electric parking brake

12:01 am U.S. ET | Nov. 13, 2012
TRW Automotive Holdings Corp. says it has contracts to produce its electric parking brake and its electronic stability control system.

Ford creates minority-owned JV with Valeo in Detroit area

12:01 am U.S. ET | Nov. 13, 2012
In another minority supplier initiative created by Ford, V. Johnson Enterprises, an affiliate of former NBA star Vinnie Johnson's Piston Group, today said it was forming a joint venture with French supplier Valeo SA.

Suppliers to the 2013 Lincoln MKZ

12:01 am U.S. ET | Nov. 13, 2012
The redesigned MKZ’s base version is powered by a 2.0-liter inline-four with turbocharger and gasoline direct injection. Available is a 3.7-liter V-6 engine and a hybrid version. These supplier data are compiled by

Opel labor leader says no Ford-style overhaul imminent at automaker

Nov. 13, 2012 14:55 CET
Wolfgang Schaefer-Klug, Opel's top labor leader, says he aims to reach a deal on German jobs with the company's management before Christmas and says Ford's decision to close three factories and cull 5,700 jobs in Europe will not serve as a blueprint for General Motors' European unit.

LUCA CIFERRI

Why this is Alfa Romeo's last chance

12:01 am U.S. ET | Nov. 13, 2012
Alfa Romeo has been a never-ending headache for Fiat CEO Sergio Marchionne. After seven years and two relaunches, Fiat's sports car subsidiary remains a Rubik's Cube that the workaholic CEO just can't seem to solve.

IAC opens interior parts plant in Romania

Nov. 13, 2012 06:01 CET
International Automotive Components Group has opened a plant in Romania to produce interior components.

VW brand sales rise 16.3% in October

Nov. 13, 2012 11:49 CET
Volkswagen said on Tuesday that global sales of its core brand jumped 16.3 percent in October to 501,300 vehicles, the second-largest gain of the past eight months.

TRW wins contracts to produce electric parking brake

Nov. 13, 2012 06:01 CET
TRW Automotive Holdings Corp. says it has contracts to produce its electric parking brake and its electronic stability control system.

Audi will pursue new design strategy

Nov. 13, 2012 10:38 CET
Audi says it intends to pursue a new design strategy that will differentiate more between model lines, allow a greater integration of technical features and give emphasis to creating individual styling that pairs the exterior and interior of a vehicle.

Infiniti exec Loire will head Nissan in Italy

Nov. 13, 2012 11:18 CET
Infiniti executive Bernard Loire is moving to Italy to head Nissan's operations in the country.

LUCA CIFERRI

Alfa Romeo's last chance

12:01 am U.S. ET | Nov. 13, 2012
Alfa Romeo has been a never-ending headache for Fiat CEO Sergio Marchionne. After seven years and two relaunches, Fiat's sports car subsidiary remains a Rubik's Cube that the workaholic CEO just can't seem to solve.

Supplier personnel

12:01 am U.S. ET | Nov. 13, 2012
Personnel changes for Visteon, Dura Automotive, Federal-Mogul, TI Automotive, Eaton, Sirius and Fallbrook Technologies.

Automotive News
Special Video Report
Nissan's Munoz: 'You Grow or You Go'

Nissan's Munoz: 'You Grow or You Go'

Nissan North America Chairman Jose Munoz has a tough goal to meet: Raise the combined U.S. market share of the Nissan and Infiniti brands from 8.4 percent last year to 10 percent by March of 2017.
» Watch the Video
     
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