Headlines for Friday, March 8, 2013
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Regulators checking if Subaru remote starter defect affects other automakers
Federal safety investigators are looking into a Subaru recall to determine if a defect in the remote engine starter could affect other automakers. Read More »
AutoNews Now: Volvo gives bikers a brake
Safety technology helps drivers avoid collisions; GM invests in Canada; Daimler, VW reject refrigerant; Lapham: To be Tesla. Read More »
Volkswagen rules out refrigerant made by Honeywell, DuPont
Volkswagen has joined Daimler in deciding not to use a new air-conditioning refrigerant developed by Honeywell and DuPont in its cars. Read More »
Carmakers seek new ways to cut CO2 emissions as EV optimism wanes
Automakers are rethinking fuel-saving technologies for passenger cars as hopes dampen that electric vehicles will play a big role in cutting CO2 emissions. Read More »
North America car and truck production - 03/11/2013
This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »
Tesla's Musk thanks Minn. legislators for stalling franchise law rewrite
Tesla Motors CEO Elon Musk is thanking Minnesota lawmakers who blocked legislation that would prevent the electric vehicle maker from opening stores in that state. But the legislative tussle is far from over. Read More »
GM investing $250 million in CAMI plant's body shop
General Motors is investing $250 million in an Ontario assembly plant to support future vehicle production. Read More »
Toyota defends title as world's most valuable car brand, report says
Toyota regained considerable value to once again be the world's most valuable automotive brand at $26 billion, up 6 percent from last year, according to marketing consultancy Brand Finance. Read More »
Ally says Federal Reserve's stress test was 'fundamentally flawed'
Ally Financial, the auto lender majority-owned by the federal government, disputed results of the Federal Reserve's stress tests, calling the analysis "fundamentally flawed." Read More »
VW marries massages, movies & maintenance
For most people in the Western world, going to the dealership is like going to the dentist. The visit is considered a success as long as it is quick and painless. At Volkswagen dealerships in China the expectations are higher -- and the perks are much better. Read More »
Plastic Omnium to close bumper plant in Belgium
French supplier Plastic Omnium said it plans to close its Belgian bumper manufacturing plant this summer in response to shrinking car sales in Europe. Read More »
Volkswagen rules out refrigerant made by Honeywell, DuPont
Volkswagen has joined German compatriot Daimler in deciding not to use a new air-conditioning refrigerant developed by U.S. firms Honeywell and DuPont in its cars. Read More »
Customer Incentives
This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »
McLaren vs. Ferrari Formula One rivalry spills onto the road
The all-consuming rivalry McLaren and Ferrari display on the F1 racetrack was transferred to the Geneva auto show as the two carmakers unveiled competing million-euro hybrid hypercars. Read More »
PSA signs Kazakhstan vehicle-assembly deal
PSA says a deal with the Russian company Agromash Holding to assemble cars in Kazakhstan could generate more than 300 jobs in France. Read More »
Western Europe car sales decline 10.6% in February
New-car registrations in western Europe fell 10.6 percent to 771,695 in February, market forecaster LMC Automotive said. Read More »
PSA wants GM to share development of compressed-gas hybrids
PSA/Peugeot-Citroen plans to talk to other carmakers including alliance partner General Motors about sharing development of low-cost compressed-gas hybrids. Read More »
Honda needs more time to turn around Europe business
Honda will need more time to turn around its European business. “We want to be profitable within three years, by 2016,” Honda Europe President Manabu Nishimae said. Last year, Nishimae said Honda would be profitable in Europe starting in its 2013-2014 business year. Read More »
BMW brand regained luxury sales lead from Audi in February
BMW regained the luxury lead from Audi after its vehicle sales rose 7 percent to 114,908 last month as increased demand in China, the UK and Russia offset weakness in Germany and other parts of Europe. Read More »
First Shift: Turning up the CNG
GM CEO: Natural gas 'huge opportunity,' Chrysler delivers CNG Rams to Oklahoma; Infiniti plans hybrid JX; Equus refresh. Read More »
Infiniti will offer JX hybrid in 2014
Infiniti will offer a hybrid version of its seven-passenger JX crossover in 2014, moving the luxury brand deeper into an alternative-powerplant strategy. The addition will be called the QX60 Hybrid, in accordance with this year's planned portfolio-wide change in product names. Read More »
Continental forecasts first-quarter sales drop on falling auto demand
Continental forecasts first-quarter sales will decline as much as 3 percent as demand for autos in its home market plunges. Revenue in the quarter will drop 1 percent to 3 percent, the company says. Read More »
PSA will offer retail banking to raise funds for dealers, auto ops
PSA/Peugeot-Citroen will offer savings accounts through its financing arm to raise funding for dealerships and other automotive operations. PSA is following Renault in setting up a retail banking arm. Read More »
BMW r&d boss bets on technology push to stay No. 1
BMW faces challenges to hold off rivals Audi and Mercedes to remain the world's largest premium automaker. Read More »
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 Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Mon., June 17» Watch the Video |
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