Headlines for Friday, May 24, 2013

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VIDEO: AutoNews Now: Chrysler versus Tesla

12:01 am U.S. ET | May 24, 2013
Automakers engage in war of words over repaying Uncle Sam; Can 'Fast and Furious' tie-in aid Dart?; Lapham: Beater danger.

BMW hints at new superluxury coupe with Pininfarina's touch

1:13 pm U.S. ET | May 24, 2013
BMW unveiled today a concept for a superluxury coupe to rival Daimler's Mercedes-Benz CL model. The BMW Pininfarina Gran Lusso Coupe -- gran lusso is Italian for superluxury -- marks the first time the famed Italian design house Pininfarina has cooperated with the German automaker.

Volvo marketing boss Speck is leaving; sales VP Visser named successor

May 24, 2013 16:03 CET
Doug Speck, Volvo's senior vice president for marketing, sales and customer service, is leaving his post effective July 1, the company said. Speck, 54, will be replaced by Alain Visser, 49, vice president of sales and marketing, the company added.

Ford will retain 1,000 jobs at French plant

May 24, 2013 20:57 CET
Ford will retain 1,000 jobs at a transmissions plant in France after striking a deal with local authorities to share the burden of new investments needed to keep the factory operating.

Nissan readies Datsun brand for India

May 24, 2013 06:01 CET
Nissan will introduce its first Datsun model in India by March 2014 as the carmaker offers cheaper vehicles in a push for a fivefold increase in its share of Asia's third-biggest auto market.

N.H. legislators pass amendments to Dealer Bill of Rights

4:15 pm U.S. ET | May 24, 2013
A bill that would further regulate the relationship between New Hampshire auto dealers and their factories is a step closer to becoming law despite opposition from automakers.

Ford to retain 1,000 jobs at French plant after deal

3:50 pm U.S. ET | May 24, 2013
Ford plans to retain 1,000 jobs at a plant in southwest France after striking a deal today with local authorities to share the burden of new investments needed to keep the factory operating.

Volvo marketing boss Speck is leaving; sales VP Visser named successor

10:03 am U.S. ET | May 24, 2013
Doug Speck, Volvo's senior vice president for marketing, sales and customer service, is leaving his post effective July 1, the company said today. Speck, 54, will be replaced by Alain Visser, 49, vice president of sales and marketing, the company said.

BMW hints at superluxury coupe with Pininfarina's touch

May 24, 2013 19:13 CET
BMW unveiled a concept for a superluxury coupe to rival the Mercedes- CL. The BMW Pininfarina Gran Lusso Coupe marks the first time Pininfarina has cooperated with the automaker.

Daimler, Ford exchange information on gasoline engines

May 24, 2013 06:01 CET
Already collaborating with Ford on the development of fuel cell vehicles, Daimler and the U.S. automaker recently exchanged information about their gasoline engines.

Sonic, back in acquisition market, buys 2 stores in Denver

2:36 pm U.S. ET | May 24, 2013
Sonic Automotive is back in the dealership acquisition market with the purchase of large BMW and Mercedes stores in Denver.

LARRY P. VELLEQUETTE

Clues to the next Wrangler: See the want ads

2:02 pm U.S. ET | May 24, 2013
Jeep has begun searching for the extra bodies to mount its next big project: the redesign of the Jeep Wrangler. And the job opening descriptions provide some clues as to the changes planned for the off-roader's next generation.

Stuart Frey, former Ford VP, dies at age 88

1:51 pm U.S. ET | May 24, 2013
Stuart Frey, a former vice president of Ford Motor, has died at the age of 88. He died March 6 in Ann Arbor, Mich., according to his family.

Henrik Fisker joins Hong Kong tycoon on Fisker bid, report says

May 24, 2013 16:59 CET
Henrik Fisker is working with an investor group to salvage Fisker Automotive, the plug-in hybrid automaker he co-founded nearly six years ago that is now struggling to stave off bankruptcy, people familiar with the matter told Reuters this week.

Henrik Fisker joins Hong Kong tycoon on Fisker bid, report says

10:59 am U.S. ET | May 24, 2013
Henrik Fisker is working with an investor group to salvage Fisker Automotive, the plug-in hybrid automaker he co-founded nearly six years ago that is now struggling to stave off bankruptcy, people familiar with the matter told Reuters this week.

VIDEO: First Shift: Executive shakeup at Volvo

12:01 am U.S. ET | May 24, 2013
Marketing head Doug Speck, purchasing chief leaving; Nissan taxi obstacle; Marchionne honored; Chrysler keeps theme going.

EU trade deal would lift U.S. exports to Europe

May 24, 2013 06:01 CET
U.S. auto exports to Europe could quadruple within 15 years if regulators get rid of tariffs and adopt standard vehicle-safety rules, automaker associations say.

Q&A

Audi plans 90% local sourcing in Mexico, says purchasing boss Martens

May 24, 2013 06:01 CET
Audi purchasing chief Bernd Martens says the automaker aims to buy 90 percent of its components for its new Mexico factory from local sources. So far no other Audi location has done that

Mitsubishi Motors plans to reduce capital to offset losses

May 24, 2013 09:04 CET
Mitsubishi plans to reorganize its capital to help unload the worst accumulated losses in the automotive industry.

2013 RISING STARS

Automotive News Europe salutes Marcus Cox

May 24, 2013 06:01 CET
Automotive News Europe salutes the winners of the 2013 Rising Stars awards. Every day until June 12 one of the 18 winners will be featured. Today's Rising Star is Marcus Cox, Opel/Vauxhall's finance director for sales, marketing & aftersales.

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