Headlines for Friday, November 16, 2012

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PSA's Saint-Geours tackles big challenges

Nov. 16, 2012 06:01 CET
PSA/Peugeot-Citroen head of brands Frederic Saint-Geours says the company's alliance with General Motors is just one element in the French automaker's restructuring plan.

VIDEO: AutoNews Now: Hyundai helping Honda?

12:01 am U.S. ET | Nov. 16, 2012
MPG misstep could turn the tables for rivals; pickup-truck boom ahead?; a peek at Fiat 500E; Toyota teases next RAV4.

VIDEO: First Shift: Mercedes' SUV vision

12:01 am U.S. ET | Nov. 16, 2012
The shape of utility vehicles in 2025; Supplier: Chrysler recall not our fault; Snyder on Suzuki and Hupmobile

GM's Chinese partner predicts sales to outpace industry in 2013

Nov. 16, 2012 06:01 CET
SAIC Motor, the Chinese partner of GM and VW, said its vehicle sales growth will outpace the industry in 2013, driven by an improving economy and buyers shunning Japanese brands.

Aston Martin, other brands enjoy marketing windfall in 'Skyfall'

4:09 pm U.S. ET | Nov. 16, 2012
Skyfall, the latest James Bond action thriller, features cars from Land Rover, Audi, Jaguar, Kia and Volkswagen -- as well as a vintage Aston Martin. The movie starring Daniel Craig as Agent 007, which generated $87.


Son, you can’t escape the car biz

4:55 pm U.S. ET | Nov. 16, 2012
I was surprised when my son called last night to announce his company had become an automotive supplier -- and a Tier 1 at that. Yes, Wood Finisher’s Depot of Baytown, Texas, with 11 employees, is now in the car biz.

Japanese auto parts exec pleads guilty to price fixing as U.S. probe expands

3:44 pm U.S. ET | Nov. 16, 2012
A Japanese auto parts executive working in Ohio has pleaded guilty to price-fixing in U.S. District Court in Toledo as the U.S. Justice Department's bid-rigging probe spreads to anti-vibration rubber parts.

Hyundai fuel-economy flap seen as tables turning for Honda

6:34 am U.S. ET | Nov. 16, 2012
For Honda, it was a rude moment when Hyundai unfurled a banner at the 2010 Detroit auto show touting the Korean brand as America's most fuel-efficient. Honda's sales chief vowed that Hyundai's apparent victory would "motivate us even further." Now it's payback time.


Ford mixes reality TV, charity to make new Fusion a star

3:00 pm U.S. ET | Nov. 16, 2012
Allow me to make a confession: I have never watched “American Idol” before. And until Ford rolled out its “Random Acts of Fusion” social media campaign for the 2013 Fusion, I could not have picked Ryan Seacrest out in a police lineup.

NHTSA's No. 2 official Medford leaves for Google

2:44 pm U.S. ET | Nov. 16, 2012
Ron Medford, the top deputy at the National Highway Traffic Safety Administration, will leave his post at the end of November to become safety director for the self-driving cars project at Google.

Half of drivers under 30 use Web behind wheel, survey shows

1:56 pm U.S. ET | Nov. 16, 2012
Almost half of drivers from ages 18 to 29 use the internet behind the wheel, as more people buy smart phones, State Farm Mutual Automobile Insurance said in a survey released today.


GM teases 2014 Chevrolet Corvette with new video

10:50 am U.S. ET | Nov. 16, 2012
The next step in General Motors' marketing campaign that leads to the reveal of the redesigned 2014 Chevrolet Corvette took place Thursday with the release of a 47-second teaser video, titled "Conception."

U.S. gave A123 $1 million as it filed bankruptcy

1:11 pm U.S. ET | Nov. 16, 2012
The Obama administration provided struggling battery maker A123 Systems with nearly $1 million on the day it filed for bankruptcy, the company told lawmakers investigating its government grant.

VW Group global sales rise 14.6% in October

Nov. 16, 2012 11:16 CET
VW Group's global vehicle sales rose 14.6 percent to 788,700 units in October as strong demand in the United States and China helped to offset a weak European market.

Fiat doesn't need access to Chrysler's cash, Marchionne says

Nov. 16, 2012 06:34 CET
Fiat, which plans to merge with Chrysler, doesn't need access to its partner's cash, which currently has limits on its use, the chief executive of both companies said.

European car market shrinkage slows in October

Nov. 16, 2012 08:16 CET
Europe's new car market shrank at a slower pace in October than in recent months, but nearly all major groups still suffered double-digit declines, as consumers showed little inclination to make big-ticket purchases in a slow economy.

Mercedes ex-U.S. boss Lieb loses wrongful dismissal suit

Nov. 16, 2012 13:27 CET
A German court has rejected a wrongful dismissal lawsuit brought by former Mercedes-Benz USA boss Ernst Lieb against Daimler, which accused the manager of improperly using company money to equip his home.

China's luxury car demand to boost aluminum usage, Novelis says

Nov. 16, 2012 08:49 CET
Novelis, the largest supplier of flat-rolled aluminum products to the auto industry, expects aluminum usage by carmakers in China to beat estimated annual global growth rates as demand surges for luxury car brands.

Longtime Toyota exec named Kia Europe COO

Nov. 16, 2012 06:01 CET
Kia Europe has named its UK head, Michael Cole, as its new chief operating officer. Cole, a longtime Toyota executive before he joined Kia, succeeds Paul Philpott as the fast-growing Korean automaker's No. 2-ranking official in Europe.