Headlines for Friday, July 12, 2013

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Volvo appoints new sales boss

Volvo has appointed Bernard Bradley as its new head of global sales. Bradley was Kia Europe's sales boss until this year. Read More »


Daimler has strong Q2 as Mercedes' margins improve

Daimler posted strong second-quarter financial results as margins increased at Mercedes and the company earned a higher-than-expected gain from selling its stake in EADS. Read More »


GM is focused on completing PSA programs, Girsky says

General Motors Vice Chairman Steve Girsky reiterated that the automaker doesn't plan to invest further in PSA/Peugeot-Citroen and called speculation about expanding ties between the automakers a distraction. Read More »


Hyundai hikes prices on refreshed Equus sedan 3% for 2014

Hyundai is raising prices on the refreshed 2014 Equus by 3 percent, or $1,750, to reflect additional standard equipment on the luxury sedan. Read More »


AutoNews Now: Vette's cool use of air

Vette vent aids aerodynamics; Toyota leads automakers in U.S. patents; GM outsells VW in China in first half; Volvo looks to ex-Kia exec Read More »


North America car and truck production - 07/15/13

This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »


Mercedes probably won't win U.S. luxury race, Zetsche says

Daimler AG’s Mercedes-Benz probably won't win the luxury car sales race in the United States this year, CEO Dieter Zetsche said. Read More »


GM is focused on completing Peugeot programs, Girsky says

General Motors Vice Chairman Steve Girsky reiterated that the automaker doesn’t plan to invest further in PSA Peugeot Citroen and called speculation about expanding ties between the automakers a distraction. Read More »


Toyota touts Prius Plug-in's fuel economy with contest

Toyota, seeking to raise awareness of the Prius Plug-in hybrid's fuel economy, this week launched the second phase of the Prius Plug-In MPG Challenge, a 30-day contest among seven eco-friendly groups and individuals to achieve the highest overall fuel economy. Read More »


GM Southeast Asia president to leave at end of month

General Motors announced that its president of GM Southeast Asia, GM Thailand and Chevrolet sales in Thailand will leave the automaker at the end of the month to pursue other interests. Read More »


In new Fiat ad, the car is alive

Remember Fiat's 2011 Super Bowl commercial, "Seduction," in which a beautiful woman turned out to be a Fiat 500 Abarth? Well, you won't be fooled this time. In a print ad for the 500 Abarth in ESPN The Magazine's upcoming Body Issue, the "car" is actually made up of beautiful women. Read More »


Krafcik says Hyundai on track to meet 2013 U.S. target

Hyundai is "on track" to see sales rise 4.4 percent to 734,000 vehicles in the U.S. this year, even as factory capacity constraints have limited the automaker's sales growth to just 1.2 percent in the first half, the carmaker's U.S. chief said today. Read More »


VW Group's June sales rise 4%

Volkswagen Group's global vehicle sales rose 4 percent in June, the smallest monthly gain since March, as strong demand in China and the U.S. offset weak European sales. Read More »


France seeks investment bank to monitor PSA

The French finance ministry confirmed it was seeking outside advice on struggling PSA/Peugeot-Citroen after a French newspaper said the government had moved to appoint an investment bank. Read More »


Renault first-half deliveries fall 1.9% on Europe

Renault's first-half vehicle sales fell 1.9% as a contraction in Europe's car market weighed down increases abroad. A 17% rise in Dacia volume was a bright spot for the automaker. Read More »


From supercars to bicycles, Lexus workshop shifts gears

Call it an ignoble evolution of Lexus' famed LFA Works. Master craftsmen at Toyota's secretive workshop used to build the luxury brand's $375,000 LFA halo sports car. Now, they make bicycles. Read More »


Demel steps down at Magna

Herbert Demel, a former CEO at Fiat and Audi, has stepped down as chief strategy officer at Magna. Read More »


Ford says auto industry needs more Europe output cuts

Ford of Europe CEO Stephen Odell said the region will be making at least 4 million vehicles a year more than market demand despite industry production cuts of 1.5 million to 2 million. Read More »


First Shift: 'Signs of stability' in Europe

Ford sees no more production cuts, says rivals may be different story; VW chief promises new SUV; July's solid start; fancied interior features. Read More »

GM outsells VW in China in first six months

General Motors outsold Volkswagen in China in the first half, helped by an increase in demand for the U.S. carmaker's Buick and Cadillac brands. Read More »

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