Headlines for Thursday, April 11, 2013

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U.S. Steel chief: Versatility will keep steel automakers' material of choice

4:16 pm U.S. ET | April 11, 2013
Steel's versatility will ensure that it remains the go-to product for automakers despite the emergence of alternative materials such as aluminum, says United States Steel CEO John Surma.


The great car commercial -- Mercedes style

11:05 am U.S. ET | April 11, 2013
Mercedes-Benz -- intent on creating nonstop buzz for the new CLA sedan -- is turning to a source of marketing new to the company. It has hired young filmmaker and director Casey Neistat, 32, to make four short films for social media about the compact coupelike sedan that goes on sale in September.

Tesla wins N.Y. verdict; lobbying continues in Texas

6:12 pm U.S. ET | April 11, 2013
Tesla Motors has won a round in its legal fight against franchised dealership laws in New York over direct sales to consumers while it continues to lobby Texas legislators on the issue.

VIDEO: AutoNews Now: Get a check, buy a car

12:01 am U.S. ET | April 11, 2013
Third of consumers plan to use tax refunds for car-related buys; safety trends; Chrysler engine ends; Ford Russian Explorer.

Ford 1.5-liter EcoBoost engine to debut on 2014 Fusion

6:00 pm U.S. ET | April 11, 2013
When the 2014 Ford Fusion debuts this fall it will be offered with a new 1.5-liter, four-cylinder EcoBoost engine, the fifth member of Ford's EcoBoost family, Ford said Thursday.

VIDEO: First Shift: Recalls hit Japanese cars

12:01 am U.S. ET | April 11, 2013
Toyota, Honda, Nissan, Mazda calling back 3.4 million vehicles for air-bag fix; Teslas made in Texas?; Ford exec: Lower taxes.

PSA credit rating cut on Europe recovery doubts

April 11, 2013 10:04 CET
PSA/Peugeot-Citroen's credit rating was cut one step to four levels below investment grade by Moody's Investors Service, which said a contraction in Europe's car market will put at risk the automaker's plans to restore cash flow.


Citroen Wild Rubis previews SUV for upscale DS line

April 11, 2013 09:00 CET
Citroen's Wild Rubis concept showcases the first SUV/crossover to be sold under the brand's upscale DS line. The concept will mainly be targeted at high-earning Chinese customers.

Ford introduces fifth version of its EcoBoost engine

April 11, 2013 23:49 CET
Ford will introduce this month a 1.5-liter version of its turbo-charged EcoBoost engine. The UK-designed engine will be offered in the Mondeo in Europe and China and in the Fusion in the United States.

Ford begins full-scale Explorer output in Russia

April 11, 2013 22:10 CET
The first built-from scratch Ford Explorer rolled off the assembly line today in Russia -- the first time an Explorer produced outside the United States didn't come from a knock-down kit.

GM's Akerson meets Merkel as two sides bury past differences over Opel

April 11, 2013 18:04 CET
General Motors CEO Dan Akerson met with German Chancellor Angela Merkel to discuss the automaker's Opel unit as the two sides worked to move past a dispute over a failed effort to sell the division.

Ford begins full-scale Explorer output in Russia

4:10 pm U.S. ET | April 11, 2013
The first built-from scratch Ford Explorer rolled off the assembly line today in Russia -- the first time an Explorer produced outside the United States didn't come from a knock-down kit.

Most car shoppers prefer 'the deal' more than latest design, AutoTrader says

3:13 pm U.S. ET | April 11, 2013
As much as car enthusiasts gush over new automotive sheet metal and technology, nearly 80 percent of car shoppers would prefer to get a good deal on a car than wait for a newer design, a recent online survey shows. The survey by AutoTrader.

Lithium batteries fail to deliver, must be safer, regulators told

2:19 pm U.S. ET | April 11, 2013
Lithium ion battery sales and performance have fallen far short of forecasts, and better technology is needed to improve their safety, battery experts told federal regulators today.

BMW says production systems helping to counter Europe slump

April 11, 2013 18:19 CET
BMW CEO Norbert Reithofer said the automaker's success amid Europe's auto-market contraction shows the importance of setting up production and sales that can weather an economic crisis.

TRW launches camera systems production in U.S.

12:17 pm U.S. ET | April 11, 2013
TRW Automotive Holdings is launching production of automotive camera systems in the United States at a plant in Illinois. Its third generation S-Cam will be available on models from five automakers by the end of the year, the company said.

Much of tax refunds will go for auto-related spending

10:00 am U.S. ET | April 11, 2013
A third of the consumers who received or are expecting tax refunds this year plan to sink some of that cash into vehicle-related purchases such as a new- or used-vehicle or repairs, an eBay study found.

Skoda says March deliveries fell 12%

April 11, 2013 10:31 CET
Skoda said its worldwide car deliveries dropped by 12 percent in March due to a switch to a new model and weak European markets

Tata may add higher priced Nano models to counter slow sales

April 11, 2013 06:19 CET
Tata may launch higher priced models based on the Nano, the $2,000 compact it introduced with great fanfare in 2008. The reason: Few buyers wanted a vehicle that was primarily pitched as a cheap alternative to a motor scooter.

Toyota, other Japanese automakers recall 3.4 million vehicles over airbag

April 11, 2013 10:49 CET
Japanese automakers including Toyota, Nissan and Honda are recalling about 3.4 million vehicles worldwide due to defective airbags supplied by Takata.


New China leaders may boost auto industry

12:01 am U.S. ET | April 11, 2013
China's government has kept a tight grip on the domestic auto industry for years. But that may be about to change.

Opel could hybridize new diesel engine family

April 11, 2013 06:01 CET
Opel/Vauxhall's new family of diesel engines could be hybridized if needed to help meet tougher European CO2 rules expected in 2020 and 2025, the automaker's head of diesel engineering told Automotive News Europe.

Goodyear sued by French employees over plant closure plan

April 11, 2013 08:49 CET
Goodyear was sued in its U.S. home city by French workers claiming the company violated laws of both countries as it implemented a plan to close a plant in Amiens, France.

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