Headlines for Tuesday, July 16, 2013

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VW names global marketing boss

Volkswagen named its UK chief, Simon Thomas, as head of global marketing for group and core VW brand. Thomas is a former head of sales and marketing at Nissan Europe. Read More »

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VW plans to relaunch Phaeton in U.S. to fill 'halo' void

Volkswagen plans to relaunch sales of the Phaeton in the U.S. as the carmaker looks to reignite flagging growth. The Phaeton, the brand's most expensive model, could be shown at the Detroit auto show in January. Read More »

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AutoNews Now: Honda's Accord pledge

Mendel rejects 'anything it takes' approach to sales crown; GM global sales outpace VW; limited-edition Nissan GT-R. Read More »

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Ford plans to improve hybrids' mpg with software changes

Ford says it will make software tweaks to improve the real-world fuel economy of its 2013-model hybrids. The changes are being offered to 77,000 owners of the 2013 Ford Fusion Hybrid and C-Max Hybrid and the Lincoln MKZ Hybrid. Read More »

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European car sales fall 6% in June

European car sales fell by just over 6% in June to a two-decade monthly low as the region's weak economy hurt demand at Volkswagen, Opel, Fiat and PSA/Peugeot-Citroen. Bright spots were Ford, Dacia and Seat. Read More »

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EU Commission backs France in Daimler refrigerant dispute

The European Commission has given provisional backing to France's decision to block the sale of new Mercedes cars because they contain a banned refrigerant. The move could open the way for similar restrictions on Mercedes models by other EU countries. Read More »

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VW plans to bring Phaeton back to U.S. to fill 'halo' void

Volkswagen plans to bring back the Phaeton luxury sedan to the United States as the carmaker looks to reignite flagging growth in one of the few markets it has been unable to crack. The Phaeton, the brand's most expensive model, could be shown at the Detroit auto show in January. Read More »

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Japan's Diamond Electric to pay $19 million U.S. fine in parts price-fixing probe

A Japanese manufacturer of ignition coils that were sold to Ford Motor, Toyota Motor and Subaru parent Fuji Heavy Industries has agreed to plead guilty and pay a $19 million fine for its role in a conspiracy to fix prices of automotive components, the U.S. Department of Justice said. Read More »

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GM's first-half global sales rise 4% on U.S., China demand

General Motors global sales rose almost 4 percent in the first six months of the year as strong demand in the United States and China outweighed sliding sales in Europe. Read More »

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First Shift: Big win for Chrysler

Ram 1500 tops full-sized pickups in Consumer Reports ranking; name change for Lexus IS coupe; Europe's June gloom; one-of-a-kind auction. Read More »

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Tesla shares plunge 14% after Goldman sets new price target

The shares of electric carmaker Tesla Motors fell 14 percent today after Goldman Sachs Group set a new price target far below the current trading price. Read More »

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Redesigned Chrysler 200 sedan to begin production in early 2014

Chrysler Group LLC's redesigned 2015 Chrysler 200 sedan will begin production in early 2014 at the automaker's Sterling Heights plant here, Chrysler said today. Read More »

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GM's first-half global sales rise 4% on U.S., China demand

General Motors global sales rose almost 4 percent in the first six months of the year as strong demand in the United States and China outweighed sliding sales in Europe, the company said today. Read More »

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Estimated Europe registrations by country, June & YTD

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

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Average wholesale used-vehicle prices, June

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

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Estimated Europe registrations by make, June & YTD

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

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Renault-Nissan will launch low-cost platform in 2015

Renault-Nissan plan to launch low-cost cars on a jointly developed platform in 2015 aimed at emerging markets such as India. Read More »

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2013 FRANKFURT AUTO SHOW:

Skoda aims Rapid Spaceback at young buyers

Skoda aims to win younger buyers to the brand with the Rapid Spaceback, a new compact car that will compete against vehicles such as the VW Golf and Ford Focus. Read More »

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Ram tops Consumer Reports' pickup ratings for first time

The re-engineered 2013 Ram 1500 has topped Consumer Reports' ranking of full-sized pickups, the first time that a Chrysler-made pickup has done so. Read More »

Avis Budget acquires Payless Car Rental for $50 million

Avis Budget Group acquired Payless Car Rental for about $50 million in cash, adding a company that focuses on value customers. Payless has about 120 locations in North America, Europe and South America and generates $80 million in annual revenue, according to a statement on Monday. Read More »

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BMW's Reithofer sees western Europe car market staying tough well into 2014

BMW CEO Norbert Reithofer says he does not see a pick up in the western European car market before the second half of 2014. Read More »

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IHS closes deal to acquire R.L. Polk

The IHS acquisition of global automotive information provider RL Polk closed Monday, a little more than a month after the deal was announced, IHS said in a statement today. Read More »

2013 FRANKFURT AUTO SHOW:

Changan will debut SUV at Frankfurt auto show

China's Changan Automobile will unveil a full-sized SUV, the CS75, at the Frankfurt auto show in September. The CS75's debut will be Changan's second appearance at the show. Read More »

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Bosch shortens hours of 1,800 workers in Germany on weak demand

Robert Bosch has cut the working hours of about 1,800 employees in Germany in response to weak demand for industrial and building technology. Read More »

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Ghosn sees growth in Russian car market

Renault-Nissan CEO Carlos Ghosn expects Russia's car market to overcome recent weakness because of low car ownership. He aims to capture 40 percent of the market with the help of AvtoVAZ. Read More »

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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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