Headlines for Thursday, February 28, 2013

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GUEST COMMENTRY - ANNE DOYLE

How NASCAR'S Danica Patrick and dads are empowering daughters

3:11 pm U.S. ET | Feb. 28, 2013
Did you catch the change blowing in the wind at this weekend's Daytona 500 NASCAR race, fueled by Danicamania?

DIANA T. KURYLKO

2014 Mercedes S class: Semiautonomous and more

7:10 pm U.S. ET | Feb. 28, 2013
The debut of a new S-class sedan usually puts the competition on edge. A redesigned 2014 S-class sedan goes on sale this fall. The timing couldn't be better as U.S. auto sales are expected to continue expanding this year.

HANS GREIMEL

Nikkei's take on bailout: Japan saved GM

5:50 pm U.S. ET | Feb. 28, 2013
Did the U.S. taxpayer save General Motors? Or was it really saved by the missteps and misfortunes of Japan's automakers?

GABE NELSON

Why the auto industry isn't scared of the 'sequestration' crisis

5:17 pm U.S. ET | Feb. 28, 2013
If you have watched even a few minutes of television news in the past few days, you are probably well aware the United States is less than a day away from another fiscal crisis. So why isn't the auto industry panicking?

VIDEO: AutoNews Now: GM raising bet on Volt

12:01 am U.S. ET | Feb. 28, 2013
After a 2012 sales lift, a plan to ramp up plug-in hybrid output; Chrysler's Hoosier state expansion; F-Series undercover?

Roy Brown, designer of Ford's Edsel, dies at 96

2:27 pm U.S. ET | Feb. 28, 2013
Roy Brown Jr., the automotive designer best known for his role in creating the Edsel, one of Ford Motor Co.'s biggest product flops, died Sunday, Feb. 24. He was 96.

VIDEO: First Shift: Laughing off D.C. drama?

12:01 am U.S. ET | Feb. 28, 2013
Snyder: Feb. sales performance versus political theater; UAW wooing Nissan workers; Chrysler investment; Ford MPG suit.

Marchionne sees clarity on Chrysler ownership in Q3

3:34 pm U.S. ET | Feb. 28, 2013
Chrysler and Fiat CEO Sergio Marchionne predicted that the U.S. automaker's future ownership structure won't be clear until the third quarter.

ThyssenKrupp offices raided in German auto steel suppliers probe

Feb. 28, 2013 20:04 CET
ThyssenKrupp AG, Germany's biggest steelmaker, said an antitrust watchdog in the country raided its offices in the western city of Duisburg today.

ThyssenKrupp offices raided in German auto steel suppliers probe

2:04 pm U.S. ET | Feb. 28, 2013
ThyssenKrupp AG, Germany's biggest steelmaker, said an antitrust watchdog in the country raided its offices in the western city of Duisburg today.

Auto execs to speak on U.S. manufacturing in House hearing

2:59 pm U.S. ET | Feb. 28, 2013
Top executives from Ford, Honda, and Toyota are scheduled to testify next week at a Capitol Hill hearing on the outlook for U.S. auto manufacturing.

Chrysler to spend $374 million on transmission plants in Ind.

11:11 am U.S. ET | Feb. 28, 2013
Chrysler Group is investing $374 million into several Indiana transmissions plants responsible for building eight- and nine-speed transmissions, the company said. After months of preliminary steps, Chrysler will invest $162 million in an empty Tipton, Ind.

GM guarantees Opel jobs after unions agree to factory closure, pay freeze

Feb. 28, 2013 13:01 CET
Opel labor leaders agreed with management to the closure of the Bochum car plant in Germany at the end of 2016 in exchange for job guarantees for 20,000 German workers.

Mazda bets on CX-5 to lead growth in Europe

Feb. 28, 2013 06:01 CET
Mazda plans to grow in Europe as it bets on the success of the CX-5 compact crossover and the new Mazda6 mid-sized sedan and wagon to help it defy a stagnant market where most other volume brands are being hit by declining sales.

Daimler nominates Avon's Jung for supervisory board

Feb. 28, 2013 06:01 CET
Daimler has nominated the former CEO of U.S. cosmetics giant Avon to the supervisory board in an effort to increase female representation. "Andrea Jung has excellent management and market knowledge," particularly of North and South America and Russia, Daimler said.

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