Headlines for Thursday, November 15, 2012

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Chrysler to boost output of 2013 Rams, V-6 engines

10:06 am U.S. ET | Nov. 15, 2012
Chrysler Group will add a third shift in March at its Warren Truck plant in suburban Detroit and revamp part of its Mack Engine complex in Detroit to make more Pentastar V-6 engines.

FROM THE CURRENT ANE PRINT ISSUE

How Europe's decline has changed Fiat CEO Marchionne's priorities

Nov. 15, 2012 06:01 CET
The European downturn has reversed Fiat-Chrysler CEO Sergio Marchionne's priorities.

VIDEO: AutoNews Now: 1,250 new Chrysler jobs

12:01 am U.S. ET | Nov. 15, 2012
3rd shift at Ram plant, more work at engine factories; BorgWarner names CEO Manganello's successor; how many in a Mini?

GM won't 'cut and run,' Akerson tells Opel staff

11:41 am U.S. ET | Nov. 15, 2012
General Motors will neither sell its loss-making European unit Opel nor "simply close up shop and leave," CEO Dan Akerson told more than 5,000 staff in the brand's headquarters in Ruesselsheim today.

2012 LOS ANGELES AUTO SHOW

Mercedes Ener-G-Force: The shape of SUVs to come?

1:47 pm U.S. ET | Nov. 15, 2012
The Mercedes Energ-G-Force, which will debut at the Los Angeles auto show, could be the shape of Mercedes SUVs to come.

Akerson tells Opel workers GM won't abandon Europe

Nov. 15, 2012 17:41 CET
GM will neither sell Opel nor "simply close up shop and leave," CEO Dan Akerson told more than 5,000 staff at the brand's headquarters.

VIDEO: First Shift: Male drivers on decline?

12:01 am U.S. ET | Nov. 15, 2012
Study: Gadgets replace cars; Chrysler said to be talking with lender Santander; GM narrows green focus; Ford margin drop.

VW Golf aims to conquer

Nov. 15, 2012 06:01 CET
Volkswagen seeks to retain traditional buyers with its seventh-generation Golf but also attract customers who are planning to downsize from larger cars. The carmaker expects 30 percent to 40 percent of Golf customers in Europe to be new to the car.

BorgWarner picks Verrier to succeed Manganello as CEO

Nov. 15, 2012 15:13 CET
BorgWarner named James Verrier as CEO, succeeding Tim Manganello after 10 years at the helm of the powertrain technology supplier. The move is effective Jan. 1. BorgWarner signaled its succession plan in March when it named Verrier, 49, to the newly created position of president and COO.

NICK BUNKLEY

How to buy a minivan without really trying

6:36 pm U.S. ET | Nov. 15, 2012
The scene is a Ford dealership in the fall of 2013. And a customer is looking for anything but a minivan. But also very soccer friendly.

Hertz' $2.6 billion purchase of Dollar Thrifty cleared by FTC

7:34 am U.S. ET | Nov. 15, 2012
Hertz’ $2.6 billion purchase of Dollar Thrifty Automotive Group was cleared by U.S. antitrust regulators after the company agreed to divestitures ensuring the deal doesn’t harm consumers.

MARK RECHTIN

Lamborghini unveils topless Aventador

12:01 am U.S. ET | Nov. 15, 2012
If Lamborghini makes a coupe, you can be sure a topless version is coming as well. Sure enough, the Italian supercar-maker revealed a roadster version of its Aventador LP700-4.

Fisker plans Midwest tech center to help develop second hybrid

3:56 pm U.S. ET | Nov. 15, 2012
Fisker Automotive says it plans to open a tech center in the Midwest, possibly in Southeast Michigan, to aid development of the Atlantic, the hybrid automaker's second vehicle.

BorgWarner picks Verrier to succeed Manganello as CEO

9:13 am U.S. ET | Nov. 15, 2012
BorgWarner named James Verrier as CEO, succeeding Tim Manganello after 10 years at the helm of the powertrain technology supplier. The move is effective Jan. 1. BorgWarner signaled its succession plan in March when it named Verrier, 49, to the newly created position of president and COO.

Toyota recalls 11,153 Scion iQs

11:01 am U.S. ET | Nov. 15, 2012
Toyota is recalling 11,153 Scion iQ hatchbacks because the front passenger air bags might not deploy in a crash.

GM may exit one of its venture unit's investments soon

12:51 pm U.S. ET | Nov. 15, 2012
General Motors may soon exit one of its venture capital unit's investments, either through an initial public offering or the acquisition of that company by another, the automaker's chief technology officer said.

LINDSAY CHAPPELL

Plentiful oil? A V-8, anyone?

11:28 am U.S. ET | Nov. 15, 2012
Four years after the auto industry started trembling at the real prospect of a global fuel shortage, painful pump prices and consumers clamoring for vehicles that can deliver 50 mpg, this news arrives from the International Energy Agency in France: There’s way more oil under America than we...

Ghosn puts Mexico in the mix for Nissan’s next North America plant

9:31 am U.S. ET | Nov. 15, 2012
Nissan Motor, Mexico’s largest automaker, will consider the country along with the U.S. for a new North American factory to meet demand in both nations, CEO Carlos Ghosn said on Wednesday.

UK company Eterniti launches luxury SUV

Nov. 15, 2012 09:52 CET
Eterniti Motors has opened its first showroom, in London, to coincide with the launch of its premier production model, the Artemis SUV.

Visteon recruits Dura Automotive CEO Stafeil as CFO

Nov. 15, 2012 06:01 CET
Visteon has appointed supplier industry veteran Jeffrey Stafeil as chief financial officer. Stafeil joins Visteon from Dura Automotive, where he was CEO.

Jaguar Land Rover global sales rise 7% in October

Nov. 15, 2012 10:41 CET
Global sales of Jaguar Land Rover vehicles rose 7 percent in October, as deliveries at parent company Tata Motors rose 6 percent in the same period, the Indian company said.

Automotive News
Special Video Report
Nissan's Munoz on dealers: 'You grow or you go'

Nissan's Munoz on dealers: 'You grow or you go'

Nissan N.A. boss Jose Munoz continues to push U.S. dealers for a big jump in market share while deflecting complaints that his stair-step sales targets are too hard to achieve.
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