Headlines for Tuesday, January 15, 2013

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2013 AUTOMOTIVE NEWS WORLD CONGRESS

De Nysschen: Infiniti will add four new vehicles

6:09 pm U.S. ET | Jan. 15, 2013
Over the next four years, Infiniti will add at least four additional vehicles with new engines and transmissions, on top of renewing every existing nameplate in its United States lineup, says the company's top executive.

2013 AUTOMOTIVE NEWS WORLD CONGRESS

A Detroit legend roils Russian vehicle making

10:03 pm U.S. ET | Jan. 15, 2013
Bo Andersson was one of the most powerful and feared men in the Detroit a few years ago. Now he is a hero of the Russian auto industry. He might still be a little feared, he admits.

2013 AUTOMOTIVE NEWS WORLD CONGRESS

M&A opportunities abound as industry strengthens, Penske says

9:11 pm U.S. ET | Jan. 15, 2013
Publicly-owned automotive retailers with the financial muscle to buy new stores now have the perfect opportunity to do so, both in the United States and abroad. That's what Roger Penske, 75, told industry leaders in his keynote address at the Automotive News World Congress Tuesday evening.

VIDEO: AutoNews Now: Atlas signals next F series

12:01 am U.S. ET | Jan. 15, 2013
Ford pickup concept descends on Detroit; luxury from Lexus, Acura, Caddy; new Kia flagship; name change for Nissan Versa.

2013 AUTOMOTIVE NEWS WORLD CONGRESS

Panel sees autonomous driving, in select situations, by 2025

6:32 pm U.S. ET | Jan. 15, 2013
Autonomous driving in some situations will be a reality by 2025 but a fleet of fully autonomous cars on American roads is unlikely, a panel of auto industry executives said at the Automotive News World Congress.

2013 AUTOMOTIVE NEWS WORLD CONGRESS

Analyst sees housing, credit improvements releasing pent-up demand

8:32 pm U.S. ET | Jan. 15, 2013
Light-vehicle sales will rise to 17 million units in the United States by 2015, from 2012's 14.9 million, Morgan Stanley Managing Director Adam Jonas told the Automotive News World Congress. Pent-up demand will fuel that rise, he said.

GM sees global profits rising 'modestly' with 2013 models

5:04 pm U.S. ET | Jan. 15, 2013
GM, on the verge of reporting a 12th straight quarterly profit, forecast 2013 profit rising "modestly" as new models meet expanding global demand.

2013 DETROIT AUTO SHOW

Cadillac may double lineup, report says

4:38 pm U.S. ET | Jan. 15, 2013
Cadillac may double its product lineup over the next four years as part of General Motors' strategy to turn the U.S. luxury brand into a global power, starting late this year with the ELR plug-in hybrid, the upscale sibling of the Chevrolet Volt.

Ford says U.S. may change hybrid fuel-economy test procedures

9:27 pm U.S. ET | Jan. 15, 2013
Ford, facing criticism for the fuel-economy performance of some of its models, said the Environmental Protection Agency may change its procedures for testing the mileage of hybrids.

2013 AUTOMOTIVE NEWS WORLD CONGRESS

Mulally vows to 'follow the processes' to avoid more launch recalls

4:10 pm U.S. ET | Jan. 15, 2013
Ford needs to stick to its processes and learn from its mistakes as its volumes increase if it wants to avoid further recalls similar to the four that plagued the launch of the 2013 Ford Escape, CEO Alan Mulally told reporters after a speech at the Automotive News World Congress.

2013 DETROIT AUTO SHOW

Ford Atlas concept signals next F series, fuel-economy advances

9:25 am U.S. ET | Jan. 15, 2013
Ford, trying to protect its turf in the large pickup market, unveiled a concept truck that previews the company's next-generation F series and advances in fuel economy. Ford kept a tight lid on the top-secret Ford Atlas Concept, unveiled today at the Detroit auto show.

2013 DETROIT AUTO SHOW

Farley: Lincoln to explore Mini-style customization

8:30 am U.S. ET | Jan. 15, 2013
Lincoln wants to give customers the chance to custom-order their Lincolns with an infinite variety of such special touches.

Renault aims to cut 7,500 posts in France by 2016

Jan. 15, 2013 15:34 CET
Renault aims to cut 7,500 posts in France by 2016. The cuts are needed to reach the break-even level at its automotive operations, the company said.

VIDEO: First Shift: Sergio's final mission?

7:30 am U.S. ET | Jan. 15, 2013
Chrysler CEO says he's led enough turnarounds; plus, from the Detroit auto show, concepts from Honda, Toyota and Hyundai.

Subaru to expand Indiana capacity, introduce new model

11:40 am U.S. ET | Jan. 15, 2013
Subaru will expand production capacity at its existing assembly plant in Indiana, rather than build a new factory, and will start making a new model there in 2016, the company said.

2013 DETROIT AUTO SHOW

ELR gives Cadillac green halo

12:01 am U.S. ET | Jan. 15, 2013
Cadillac today unveiled the ELR sports coupe, a plug-in hybrid wrapped in a bold, flashy package that belies its green-car bona fides. The ELR is the second application of General Motors' Voltec technology, the powertrain that debuted in the Chevrolet Volt in late 2010.

Backup camera rule for cars in U.S. still alive, Strickland says

8:51 pm U.S. ET | Jan. 15, 2013
The delayed rule that would require backup cameras in new cars remains "very much" on the table, National Highway Traffic Safety Administrator David Strickland said.

Tesla readies first China store

5:50 pm U.S. ET | Jan. 15, 2013
Tesla Motors plans to open a dealership in Beijing -- its first store in China -- this spring to establish a niche for its Tesla Model S electric sedan.

2013 DETROIT AUTO SHOW

Cadenza is Kia's new U.S. flagship

11:15 am U.S. ET | Jan. 15, 2013
Kia today showed off the Cadenza sedan, a new range-topping U.S flagship that underscores the brand's upscale ambitions. The Cadenza, sold in Korea as the K7, will go on sale in the second quarter.

Lutz, GM end consulting pact

2:50 pm U.S. ET | Jan. 15, 2013
Bob Lutz's 15-month stint as a paid consultant for GM has come to an end, the former GM product czar said today.

NICK BUNKLEY

Suzuki, hybrids and crazy concepts go missing

2:35 pm U.S. ET | Jan. 15, 2013
As always, there's a lot to see at the Detroit auto show. But here's a look at some of the things NOT here this year.

2013 DETROIT AUTO SHOW

Acura's next MDX adds front-drive model

10:45 am U.S. ET | Jan. 15, 2013
The redesigned 2014 Acura MDX will be sold in both front-drive as well as its traditional all-wheel drive setup, Acura said Tuesday. The front-drive version is a response to Sunbelt dealers' requests.

Chrysler, Fiat reach accord to build Jeeps in China

1:34 pm U.S. ET | Jan. 15, 2013
Chrysler Group and its majority owner Fiat reached a preliminary agreement with partner Guangzhou Automobile Group to make Jeep SUVs in China for sale in that market.

NICK BUNKLEY

Mining Facebook for the next big thing on wheels

12:04 pm U.S. ET | Jan. 15, 2013
Automakers like young people. That's because old people tend to, inconveniently, to put it delicately, stop buying cars.

JESSE SNYDER

Shel Woodard and the real Chrysler Turbine

12:39 pm U.S. ET | Jan. 15, 2013
In a quiet spot on the Chrysler stand at the Detroit auto show is the Chrysler 300 Turbine concept car. As concepts go, it's mild: matte finish “Turbine Copper,” 22-inch wheels and a billet grille, all to honor the 1963 Chrysler Turbine show car.

GABE NELSON

VW's CrossBlue signals family hauling

11:58 am U.S. ET | Jan. 15, 2013
Volkswagen AG is making it quite clear that the CrossBlue, the three-row crossover concept that the VW brand unveiled Monday in Detroit, is meant as a family-hauler, not an off-road monster.

GM expands use of voice recognition technology

11:20 am U.S. ET | Jan. 15, 2013
Now that General Motors is creating a dashboard button to let motorists activate Apple's Siri voice technology, the automaker plans to do the same for Android.

Russia sales forecast to be flat in 2013

Jan. 15, 2013 16:00 CET
Russian car sales have slowed and are expected to be flat in 2013 after record volumes last year, industry figures showed, as drivers curb spending with an eye to economic troubles in Europe and the United States.

Porsche: We can match last year's sales growth

10:57 am U.S. ET | Jan. 15, 2013
With a second straight year of product launches, Porsche Cars North America should match the sales growth it achieved in 2012, CEO Detlev von Platen said. Porsche sold a record 35,043 vehicles in the United States last year, up 21 percent from 2011.

Ghosn: Nissan's market share loss was a 'hiccup'

10:43 am U.S. ET | Jan. 15, 2013
Nissan North America’s dip in market share last year was bad news for CEO Carlos Ghosn -- but no cause to rethink his ambitious growth goal. Ghosn assured reporters Monday at the Detroit auto show that Nissan still is determined to obtain 10 percent of the U.S.

Denso will invest $750 million in U.S. expansion

10:26 am U.S. ET | Jan. 15, 2013
Denso International America plans to invest $750 million in the United States in the next four years, creating more than 1,200 jobs.

2013 DETROIT AUTO SHOW

Lexus pitches IS's sports sedan engineering

9:30 am U.S. ET | Jan. 15, 2013
The redesigned 2014 Lexus IS sedan has had its driving dynamics significantly retuned for a sportier feel, even though much of the car, including its exterior styling, is carried over from its previous generation, the automaker said.

RICK JOHNSON

Volvo's new CEO Samuelsson learning the ropes

12:01 am U.S. ET | Jan. 15, 2013
Hakan Samuelsson, the new Volvo CEO, was not at all what I expected when he turned up for his first Detroit auto show.

Fiat plans layoffs to ready Melfi plant for new models

Jan. 15, 2013 14:01 CET
Fiat has asked the government to approve a special layoff scheme at its Melfi plant in central Italy for two years to restructure the factory before production of new models begins, the carmaker said on Tuesday.

JAMIE LaREAU

Ford display has more than just product

9:03 am U.S. ET | Jan. 15, 2013
The Ford Motor Company display at the Detroit auto show is a theatrical production. Literally. It's part of the automaker's celebration of the 150th anniversary of Henry Ford's birth.

Jeep ponders output in China and Russia, Marchionne says

Jan. 15, 2013 06:01 CET
Chrysler's Jeep brand is working to find the right solution to produce vehicles in China and Russia, but has nothing specific to announce at the moment,Fiat-Chrysler CEO Sergio Marchionne said.

2012 DETROIT AUTO SHOW

Nissan spices up Versa hatch in small-car bid

8:15 am U.S. ET | Jan. 15, 2013
Nissan is positioning its redesigned Versa hatchback to go after what it expects to be continued growth in the compact and subcompact segments. The company unveiled the hatchback at the Detroit auto show today.

Supplier Sogefi to fund expansion with 215 million euros in loans

Jan. 15, 2013 12:31 CET
Italian partsmaker Sogefi said on Tuesday it had signed two loan agreements for a total of 215 million euros ($287 million) to help fund international expansion.

LUCA CIFERRI

Maserati flagship leaves Chrysler roots behind

12:01 am U.S. ET | Jan. 15, 2013
Maserati CEO Harald Wester gets mad when he hears that the new Quattroporte is based on Chrysler underpinnings.

Zetsche says Daimler must fix China operations to catch BMW, Audi

Jan. 15, 2013 07:49 CET
Daimler CEO Dieter Zetsche said the Mercedes brand must turn around its struggling Chinese operations to catch up with BMW and Audi.

GM, VW global sales for 2012 trail Toyota's forecast for year

Jan. 15, 2013 06:01 CET
GM failed to outsell Toyota's forecasted 9.7 million deliveries for 2012 while narrowly beating Volkswagen.

Europe woes won't derail Ford's momentum, executives say

Jan. 15, 2013 09:44 CET
A more profitable lineup and lower costs protect Ford from persistent weakness in Europe and increased competition in the U.S. auto market, Ford executives said.

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