Headlines for Tuesday, September 17, 2013

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Chevy gains 18% as European sales fall to lowest level since 1990

European car sales fell 5 percent in August with PSA and Volkswagen Group hit hardest by the eurozone slump. Ford's European sales decreased 1 percent last month. Read More »

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GM's Silverado edges Ram as Consumer Reports' top pickup

GM's redesigned 2014 Chevrolet Silverado 1500 edged Chrysler Group's updated Ram 1500 in an evaluation of the two freshest full-sized pickup trucks by Consumer Reports magazine. But the Ram may be the better truck for consumers who use their vehicles for everyday commuting, the magazine said. Read More »

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European sales slide resumes in August

European car sales fell 5 percent in August with PSA and VW Group hit hardest by the euro-zone slump. Eight-month sales also fell 5 percent, bringing deliveries this year to the lowest level since records began. Read More »

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AutoNews Now: GM, Tesla EV battleground

Each automaker developing affordable, 200-mile range EV; Bowtie brand bucks sales trend; automaker builds 2-millionth engine. Read More »

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GM plans to more closely intertwine Buick and Opel brands

General Motors will more closely integrate global product development between Buick and Opel in a bid to cut development costs and increase their product offerings. Read More »

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First Shift: Silverado edges out Ram

Redesigned Chevy beats rival by three points in Consumer Reports tests; Eiji Toyoda dies at 100; Subaru memory mission. Read More »

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Eiji Toyoda, who turned Toyota into export giant, dies at 100

Eiji Toyoda, who spearheaded Toyota's expansion in the United States as the automaker's longest-serving president, died today at the age of 100. Read More »

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Opel seeks subcompact SUV lead with Mokka

Opel/Vauxhall says it hopes its Mokka subcompact SUV will rise to the top of Europe's fast-growing small SUV & crossover segment, but market watchers don't see it climbing that high. Read More »

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Peugeot said to consider selling stake to Dongfeng

PSA is considering selling a stake to Chinese automaker Dongfeng Motor to raise cash for an expansion outside its home continent, two people familiar with the matter said. Read More »

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PSA said to consider selling stake to China's Dongfeng

PSA/Peugeot-Citroen is considering selling a stake to Chinese automaker Dongfeng Motor to raise cash for an expansion outside its home continent, sources said. Read More »

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Audi resumes Brazil car output in expansion bid to beat BMW

Audi will build the A3 sedan and the Q3 SUV in Brazil starting next year to strengthen its position in Latin America. Read More »

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Fisker's green energy loan headed for auction block, U.S. says

Following the failure of Fisker Automotive to repay federal loans, the Department of Energy will try to unload its loan in the plug-in electric car maker through an auction, the agency said Tuesday. Read More »

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Growing Buick, Opel ties may yield more U.S. models

Buick customers in the United States and China could see more European design and engineering in an expanded range of new models by 2020, as GM more closely integrates global product development between Buick and its German brand Opel. Read More »

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VW says Tenn. plant could make small SUV as soon as 2016

Volkswagen AG plans to debut a subcompact SUV in the U.S. as soon as 2016 and may build it at its Tennessee factory. Read More »

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Subprime auto loans grow as credit standards ease, competition grows

Subprime auto lenders are enabling buyers to borrow more relative to the cost of a car in a sign that underwriting standards are deteriorating amid increased competition, according to Standard & Poor's. Read More »

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Ford plans to invest $700 million in Canada plant, report says

Ford Motor is preparing to announce plans Thursday that it will spend about $700 million to retool its assembly plant in Oakville, Ontario, according to a Toronto newspaper report. Read More »

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Lithium ion batteries on path to mass market, LG Chem Power chief says

The CEO of battery maker LG Chem Power said today that the lithium ion battery is "on the right slope" to becoming a feasible, mass-marketed option for automakers. Read More »

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Visteon may forgo NYSE for Hong Kong, CEO Leuliette says

Visteon is considering leaving the New York Stock Exchange and trading in Hong Kong, where investors recognize the company's value, the company's CEO said. Read More »

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Estimated Europe registrations by make, Aug. & 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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Estimated Europe registrations by country, Aug. & 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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Eiji Toyoda, who turned Toyota into export giant, dies at 100

Eiji Toyoda, who spearheaded Toyota's expansion in Europe and the United States as the automaker's longest serving president, died today. He was 100. Read More »

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France will raise tax on high-emission cars, report says

France will raise the maximum tax levy on high-emission cars to 8,000 euros from 6,000 euros, while scaling back subsidies for low-emission vehicles, a newspaper reported. Read More »

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Bentley says its SUV will create a new segment

Bentley's ultra-luxury SUV will create a new segment when it begins sales in 2016, its global head of sales and marketing said. Read More »

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Schaeffler sells 4% of Continental to cut debt

German supplier Schaeffler has sold a 3.9 percent stake in fellow supplier Continental for about 950 million euros to cut debt. Read More »

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AUTOMOTIVE NEWS EUROPE E-MAGAZINE:

Supplier IAC says size matters more than ever

Achieving scale is the only way to survive as a supplier in a fiercely competitive and globalized automotive market, a top executive at IAC Group said. “Size means you have global presence. 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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