Headlines for Thursday, September 19, 2013

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Redesigned Mazda3 aims to be driver's choice in crowded segment

Mazda says the combination of class-above features, upper-tier fuel economy and fun-to-drive characteristics will enable the 2014 Mazda3 to continue its reign as the driver's car in the compact segment. Read More »

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AutoNews Now: Volkswagen's diesel crusade

German automakers call for level playing field; Ford Canadian investment; rebirth of Saab 9-3; premium platform for Nissan? Read More »

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Ford to invest $685 million in Canada plant to boost capacity

Ford said it will spend C$700 million ($685 million) to add production of additional models at an Ontario vehicle-assembly plant. Read More »

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Marchionne taps car czar Bloom for advice on UAW-Chrysler buyout, report says

Fiat CEO Sergio Marchionne hired Ron Bloom, who helped run President Obama's auto-industry team, to advise the automaker on buying the rest of Chrysler, a person familiar with the matter said. Read More »

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First Shift: Helping cops chase MPG

Ford offers EcoBoost in non-pursuit cars; Honda recall; Chase to underwrite Chrysler IPO, report says; Tesla's job tweet. Read More »

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LARRY P. VELLEQUETTE:

Chrysler's Hurricane engine coming in 2016

Chrysler Group has planned a hurricane for 2016, and like a parched Texas ranch, frankly, it could use the rain. The Hurricane coming three years from now is actually a rework of the company's base 2.0-liter I-4 engine, or, more specifically, the 2. Read More »

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VW denies it may miss profit goals on slow growth, higher MQB costs

VW denied that the company may miss its profit goals because of slower growth and higher-than-expected costs for the ramp up of its MQB architecture. Read More »

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Euro crisis highlights need for suppliers to rethink growth strategies

European parts suppliers must rethink their business strategies and look further afield for growth opportunities, according to the European suppliers association CLEPA. Read More »

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Kia confirms plans for rwd flagship sedan, dealers say

Kia told dealers that it will launch a new full-sized rear-wheel-drive flagship sedan in the United States early next year, accelerating its drive into higher tiers of the luxury car market. Read More »

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Obama auto czar Bloom to face former ally in Detroit bankruptcy case, report says

Ron Bloom, who helped lead President Barack Obama's auto team, will advise Detroit retirees fighting benefit cuts in the city's bankruptcy, according to people familiar with the decision. Read More »

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Dana's Austrian offices searched by police in Eurofighter probe, report says

Austrian police searched the offices of U.S. auto supplier Dana as part of an investigation into whether aerospace group EADS paid bribes to win a sale of Eurofighter jets, a magazine reported. Read More »

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2 Fujikura execs indicted by U.S. for fixing auto-parts prices

A federal grand jury in Detroit filed charges Thursday against two Japanese automotive executives for their alleged role in an international price-fixing conspiracy. Read More »

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Subaru aims for 500,000 U.S. sales by 2015

Subaru's U.S. sales will soar to 500,000 units by 2015, helped by new models, additional production capacity and rising industry volumes, the brand's top marketer says. Read More »

Jack Cooper to buy Allied Systems, become largest N.A. car hauler

Leading U.S. car hauler Allied Systems Holdings Inc. said it has agreed to be sold in U.S. Bankruptcy Court to Jack Cooper Holdings Corp. for $135 million. The transaction, announced Wednesday, makes Jack Cooper Transport Co. Inc. North America's largest automotive transportation company. Read More »

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Wall Street veteran leads UAW trust in fight with Marchionne

Chrysler and Fiat CEO Sergio Marchionne is well-known as a tough and shrewd negotiator. But he may have met his match in Alain Lebec. Read More »

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Honda to recall 405,000 vehicles over airbag system glitch

Honda said it is recalling about 405,400 vehicles including the Odyssey minivan in the United States and three other countries due to a glitch in the computer chip used in the airbag system. Read More »

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Chrysler IPO likely to be led by JPMorgan Chase

JPMorgan Chase is likely to lead the underwriting of Chrysler Group LLC's initial public offering, CNBC reported late on Wednesday, citing a person familiar with the offer. Read More »

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Ghosn says Renault, Nissan could use new premium-car platform

A new compact car platform under discussion between Daimler and Renault-Nissan could be used for non-premium cars sold by Renault and Nissan. Read More »

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Tesla's Musk uses Twitter to find engineers for 'autopilot' car

Tesla CEO Elon Musk has turned to Twitter to further his goal of developing self-driving cars by posting a “help wanted” ad on the social media site. Read More »

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Saab builds 9-3 test cars ahead of 2013 production launch

Saab's new owner, National Electric Vehicle Sweden, has built two 9-3 test cars at the brand's Swedish plant ahead of a full production launch later this year. Read More »

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BMW Group outsells Fiat in Europe as small luxury gains traction

BMW, Audi and Mercedes are gaining market share in Europe at the expense of mass-market rivals as they push into making smaller cars. Read More »

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Tesla plans self-driving car within 3 years

Tesla is working to produce a car capable of running on "auto-pilot" within the next three years, CEO Elon Musk said, joining Google and rival carmakers in the race to roll out a driverless car. Read More »

German supplier Dr. Schneider to open 2nd U.S. factory

German partsmaker Dr. Schneider Automotive Systems will invest $29 million (about 22 million euros) to open its second factory in the United States. The plastics specialist's new plant will serve customers such as Mercedes, BMW and Ford and be based in Russell Springs, Kentucky. Read More »



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