Headlines for Wednesday, August 28, 2013

» Latest print issue
Quick search (past 7 days):
- or -
Choose a date:


Use the form on the right to select a specific day >>

VIDEO: AutoNews Now: Hey Fiesta, what's cooking?

12:01 am U.S. ET | Aug. 28, 2013
Ford finds a meaty marketing opportunity; stop/start standard on base Chevy Malibu; Toyota's Lentz takes the stand.

NICK BUNKLEY

Breakfast to go: Ford fries up the Bacon Fiesta

11:34 am U.S. ET | Aug. 28, 2013
Ford created the Bacon Fiesta, its tastiest-sounding product since the Ranchero was discontinued in 1979, to promote its line of custom vinyl graphics. It also serves as a shocking reminder that we have only two shopping days left before International Bacon Day on Saturday.

2013 FRANKFURT AUTO SHOW

S-Max Concept heralds latest Ford design, technology

Aug. 28, 2013 06:01 CET
Ford will showcase its latest global design language with the introduction of the S-Max Concept at the Frankfurt auto show.

U.S. sales pace in August projected to top 15.5 million, analysts predict

12:53 pm U.S. ET | Aug. 28, 2013
The annualized sales rate in the United States for August is tracking above 15.5 million units, fueled by strong replacement demand, cheap and available credit, and a calendar quirk, forecasters say.

VIDEO: First Shift: Van spotlights Ford design

12:01 am U.S. ET | Aug. 28, 2013
S-Max takes the stage next month in Frankfurt; Lincoln 'not true luxury,' exec says; Snyder: How the U.S. fails to measure up.

2013 FRANKURT AUTO SHOW

Volvo set to debut coupe concept

Aug. 28, 2013 10:06 CET
Volvo is set to unveil a coupe concept at the Frankfurt auto show that will preview its new styling direction.

Ford, aiming for more value shoppers, plans F-150 STX SuperCrew for '14

5:57 pm U.S. ET | Aug. 28, 2013
Ford is adding another niche trim level to its lineup of full-sized pickups: the F-150 STX SuperCrew. It is aimed at first-time buyers or value-conscious customers who are returning to the market.

Next Prius will cost less, get better fuel economy, Toyota engineer says

4:05 pm U.S. ET | Aug. 28, 2013
The next Toyota Prius will get "significantly better fuel economy in a more compact package that is lighter weight and lower cost," the Prius program's chief engineer said.

Maserati car orders almost triple on new models

Aug. 28, 2013 16:06 CET
Fiat Group's Maserati brand received about 17,000 orders worldwide in the year to end-July, nearly triple the amount sold last year as new models started to attract buyers.

Toyota emphasizes customer care, while aiming for 15% U.S. share

3:40 pm U.S. ET | Aug. 28, 2013
Toyota Motor Sales USA is setting aside rapid market share growth as a priority and will focus on "taking care of the customer" as a primary goal, the company's top sales executive in the United States said today.

JIM HENRY

Is it time for lenders to open the spigot?

12:01 am U.S. ET | Aug. 28, 2013
Since 2010, credit bureaus and auto lenders have tallied quarter after quarter of near-record lows for delinquencies, even though volume and subprime loans are up.

Lentz testifies on Toyota's brake override questions

12:34 am U.S. ET | Aug. 28, 2013
Toyota decided not to market its brake-override system as "safe stop" to avoid promising more than the mechanism could deliver for driver safety, the company's top U.S. executive told a California jury.

AutoTrader.com, Carfax renew agreement

3:21 pm U.S. ET | Aug. 28, 2013
AutoTrader and Carfax said today they have renewed their partnership, but with one major change: It's no longer an exclusive deal for Carfax.

Edmunds, reputation manager settle dispute over bogus reviews

2:19 pm U.S. ET | Aug. 28, 2013
A reputation-management company that Edmunds accused of submitting fraudulent auto dealership reviews has agreed to permanently stop registering accounts and posting on Edmunds as part of a legal settlement announced today.

EV fast charger installation to soar, study says

2:05 pm U.S. ET | Aug. 28, 2013
Rapid development of fast-charging technologies for electric vehicles will lead to the installation of 199,000 fast-charging stations worldwide by the end of the decade -- more than 100 times the number of the stations in 2012, a study by IHS Automotive says.

Toyota eyeing more Mexico manufacturing

1:53 pm U.S. ET | Aug. 28, 2013
Toyota wants to boost capacity in Mexico, but a key executive declined to give a timeline for a new plant. Toyota board member Mark Hogan, a former General Motors executive, said the automaker wants to add "more production capacity" in Mexico.

Ford plans to sell Edge in China, report says

1:10 pm U.S. ET | Aug. 28, 2013
Ford expects to sell its Edge midsize crossover in global markets -- including China -- when the car is redesigned in early 2015, two sources familiar with the automaker's plans told Reuters today.

South Africa auto dealers may be included in strikes

12:09 pm U.S. ET | Aug. 28, 2013
About 72,000 car dealership and gas station employees in South Africa plan to join striking auto workers next week after a breakdown in wage discussions between employers and the country’s labor unions.

GM boosts Malibu's mpg in bid to revive sales

9:24 am U.S. ET | Aug. 28, 2013
The re-engineered 2014 Chevrolet Malibu will get a bump in its fuel economy rating for city driving -- to 25 miles per gallon, from 22 -- in a bid to revive the mid-sized sedan's sluggish sales.

2013 FRANKFURT AUTO SHOW

S-Max Concept heralds latest Ford design, technology

12:01 am U.S. ET | Aug. 28, 2013
Ford will showcase its latest global design language with the introduction of the S-Max Concept at the Frankfurt auto show next month.

Gen Y prefers online auto loans, survey says

12:01 am U.S. ET | Aug. 28, 2013
Millennials would rather get their auto loans online than at dealerships, according to a survey by AutoTrader.com.

Q&A

Subprime lender AFS Acceptance plans 'slow and steady' expansion

12:01 am U.S. ET | Aug. 28, 2013
AFS Acceptance, traditionally a deep subprime lender, is branching out a bit. The lender this month purchased the auto loan portfolio of Preferred Automobile Credit, a subprime lender in Orwigsburg, Pa.

Lithia's biggest F&I challenge is financing

12:01 am U.S. ET | Aug. 28, 2013
Lithia Motors leaders say financing for “special credit” customers has improved but remains a challenge. Lithia secures financing for about half its subprime customers compared with financing more than three-quarters of its other customers.

Lenders’ group forms panel to address consumer complaints

12:01 am U.S. ET | Aug. 28, 2013
A national trade group of lenders has formed a compliance committee to help auto lenders and other finance companies deal with consumer complaints filed with the Consumer Financial Protection Bureau.

BMW owners vent anger at months-long wait for spare parts

Aug. 28, 2013 15:19 CET
BMW has angered some of its global customers because a new supply-management system is delaying the delivery of spare parts to fix their vehicles.

Ford's Odell expects Europe car market to take 5-6 years to recover, report says

Aug. 28, 2013 08:44 CET
Ford of Europe chief Stephen Odell says he expects the European car market could take five to six years to recover, a German newspaper reported.

PSA eyes GM tie-up in South America, report says

Aug. 28, 2013 11:11 CET
PSA/Peugeot-Citroen wants to take advantage of partner General Motors' strength in South America to reduce its dependence on Europe, a senior executive told a newspaper.

Ford will expand MyFord Touch infotainment system to European models

Aug. 28, 2013 06:34 CET
Ford plans to introduce its MyFord Touch infotainment system to its vehicle lineup in Europe starting next year.

Automotive News Cover
News by Brand