Headlines for Friday, February 15, 2013

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North America car and truck production - 02/11/2013

5:34 pm U.S. ET | Feb. 15, 2013
North America car and truck production    

Daimler should get more time to address EU refrigerant regulations, German agency says

Feb. 15, 2013 16:00 CET
A German government body has proposed that the EU grants Daimler more time to meet new European laws mandating the use of climate-friendly air conditioning refrigerants in cars.

Fisker weighs offers from possible suitors, including Dongfeng, report says

11:05 am U.S. ET | Feb. 15, 2013
Fisker Automotive, the plug-in hybrid carmaker seeking a buyer, is weighing several bids, including a $350 million offer from Dongfeng Motor that would give the Chinese carmaker majority control, people with knowledge of the matter told Bloomberg.

Auto parts price-fixing probe has expanded

Feb. 15, 2013 20:10 CET
A wide-ranging probe of price fixing in a variety of car parts has expanded to product segments not yet disclosed, a U.S. Department of Justice official said.

Dealers seek to roll back '80s-era emissions control paperwork

12:47 pm U.S. ET | Feb. 15, 2013
Under a bill introduced in the House of Representatives, dealers no longer would have to fill out paperwork assuring buyers that the emissions control systems of the cars they purchase have not been modified.

Warren Buffett beefs up GM stake to 25 million shares

10:21 am U.S. ET | Feb. 15, 2013
Warren Buffett's Berkshire Hathaway has acquired 10 million more shares of General Motors, lifting its holdings in the company to 25 million shares.

VIDEO: AutoNews Now: Volkswagen game-changer

12:01 am U.S. ET | Feb. 15, 2013
Why a super-flexible vehicle platform could be 'Holy Grail' of car makers; Fisker's Chinese suitor; more pain at the pump.

DAVE GUILFORD

Why Obama had to eschew being a green venture capitalist

3:00 pm U.S. ET | Feb. 15, 2013
It looks like President Obama is exiting a business he never should have entered -- playing venture capitalist in the green technology sector.

Auto parts price-fixing probe has expanded, U.S. says

2:10 pm U.S. ET | Feb. 15, 2013
A wide-ranging probe of price fixing in a variety of car parts has expanded to product segments not yet disclosed, a top Department of Justice official said today.

2013 GENEVA AUTO SHOW

Renault Scenic gets SUV look to help maintain minivan lead

Feb. 15, 2013 06:01 CET
Renault has updated its Scenic minivan with SUV styling in a bid to maintain the automaker's lead in Europe's medium minivan segment.

BMW recalls X5 SUV for brake flaw

12:13 pm U.S. ET | Feb. 15, 2013
BMW is recalling 30,265 of its X5 SUVs from model years 2007-2010 to correct a brake vacuum pump leak, according to U.S. safety regulators. Separately, Chrysler said it is recalling 4,278 Dodge Viper sports cars globally to fix a part that could cause the airbags to inadvertently deploy.

HANS GREIMEL

Finally hints of new product for Mitsubishi?

7:21 am U.S. ET | Feb. 15, 2013
Could Mitsubishi Motors, badly hurting for new product in the United States, be priming for a return to pickup trucks as well as its next generation of electric cars?

PSA workers at Aulnay plant transferred early to avoid violence

Feb. 15, 2013 11:51 CET
PSA unions agreed to allow the carmaker start to move workers from its troubled Aulnay plant in response to violence and threats against staff ignoring a strike call.

Daimler urged to get more time to address EU refrigerant regulations

10:00 am U.S. ET | Feb. 15, 2013
A key German government body said it has proposed Brussels grant Daimler AG until the end of 2015 to meet new European Union laws mandating the use of climate-friendly air conditioning refrigerants in cars.

COMMENTARY

Looking at Henry Ford the man

Feb. 15, 2013 06:01 CET
If you hang around Ford Motor Co. much, you'll know it is Henry Ford's 150th birthday this year.

PAUL MCVEIGH

Three words describe PSA's new brand strategy

12:01 am U.S. ET | Feb. 15, 2013
CEO Philippe Varin said PSA's latest product strategy can be summarized in three words for each brand and subbrand.

TRW quarterly profit slips; North America, China offset weak Europe

8:43 am U.S. ET | Feb. 15, 2013
TRW Automotive Holdings said fourth-quarter net profits slipped, with increasing demand in North America and China offsetting weakness in Europe.

Land Rover, Kia, Audi were Europe 2012 winners

Feb. 15, 2013 06:01 CET
European sales declined for the fifth consecutive year in 2012, falling 8 percent to 12.6 million. But not everyone suffered. Kia, Hyundai, Audi, Land Rover and Jeep bucked the downward trend because of fresh models in hot segments.

VW Group global sales rise 14.9% in January

Feb. 15, 2013 14:13 CET
Volkswagen Group said its global vehicle sales rose 14.9 percent in January to 749,900 as strong demand in China and the United States continued to help offset a weak European market.

VIDEO: First Shift: Hyundai-Kia's big chase

12:01 am U.S. ET | Feb. 15, 2013
South Korean siblings on quest to boost European appeal, Elena Ford a VP, charging in a NY minute, Buffett ups GM stake.

PSA's banking unit cut to junk by S&P on sluggish Europe car sales

Feb. 15, 2013 08:34 CET
PSA has been downgraded by ratings agency Standard & Poor's while its banking unit has been cut to junk by the firm on sluggish sales forecasts in Europe.

Hyundai builds test center at Germany's Nuerburgring

Feb. 15, 2013 06:01 CET
Hyundai has begun construction of a vehicle test center at Germany's famous Nuerburgring race track as the automaker seeks to lift its brand profile in Europe. The new facility, which will open in June, will be used to test all vehicles designed specifically for the European auto market.

Automotive News
Special Video Report
Smart use of phones, sales teams lift Wash. stores

Smart use of phones, sales teams lift Wash. stores

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