Headlines for Friday, October 4, 2013

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AutoNews Now: Reuss on GM diversity

Minority executives, dealers propel cultural change; GM streamlines military discounts; VW's XL1 makes U.S. debut. Read More »

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Musk defends Tesla Model S safety after review of fire

Tesla CEO Elon Musk, in a letter posted on the company's Web site, defended the safety of the company's flagship Model S sedan after a fire involving one of the cars raised questions about its lithium ion battery pack. Read More »

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LARRY P. VELLEQUETTE:

Great Odin's raven! Ron Burgundy shills Dodge Durango

It looks like the polyester-clad cult icon who believed diversity "was an old, wooden ship used during the Civil War era" is the newest spokesman for the Dodge Durango. Great Odin's raven! Read More »

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Volkswagen will invest $236 million in Brazil auto plant

Volkswagen plans to invest $235 million to build the latest Golf in Brazil. Read More »

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First Shift: Tesla's Virginia deal

Tesla cleared to apply for dealership license; Corolla suffers in small overlap test; Escalade ready for NYC; harnessing pet safety. Read More »

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Mercedes sales rise 16% in September to set monthly record

Mercedes posted its best-ever sales month in September, driven by strong deliveries of its compact car line and a jump in demand in China. Read More »

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High demand to limit Corvette supplies

The 2014 Corvette will be in short supply, with few unsold units on dealer lots until spring at the earliest. GM officials said production of the two-seat sports car will be capped at about 160 units per day on one shift. Read More »

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MIKE COLIAS:

Buick's new game plan for reviving Regal sales

What's wrong with Buick Regal sales? That's the question asked often of Buick executives over the past 18 months. Why 18 months? Because that's around the time the smaller, less expensive Verano compact sedan entered Buick's lineup. Read More »

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U.S. Fleet Sales, Sept. & 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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Tesla in talks with Samsung SDI for battery supply deal

Tesla Motors may name South Korean battery producer Samsung SDI Co. as an additional supplier as the California electric vehicle maker tries to add more models and expand. Read More »

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North America car and truck production - 10/07/13

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

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Audi CVT settlement approved, covers 64,000 cars

Volkswagen Group of America’s settlement of a class-action lawsuit over alleged defects in the continuously variable transmissions in thousands of Audi vehicles has received final approval in federal court in Los Angeles. Read More »

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Seinfeld pledges to help make Acura master of its domain

What's the deal with auto commercials showing cars driving through the desert? Who does that? Not Acura, if Jerry Seinfeld has anything to say about it. Read More »

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EPA says automakers' test drivers can be too good

Car companies warn car buyers that their fuel economy will vary in the real world. The numbers vary in the laboratory, too, says the top auto regulator at the EPA -- and he's warning automakers to mind the gap. Read More »

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Severstal NA replaces most top execs to reflect steelmaker's shift in priorities

The North American unit of Russian steelmaker OAO Severstal, which owns the steel plant at Ford's famed Rouge manufacturing complex, has replaced nearly all of its senior management this year in an attempt to create "profitable, sustainable growth," the unit's new CEO says. Read More »

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Schaeffler replaces CEO Geissinger to overhaul strategy

German supplier Schaeffler says it has replaced Juergen Geissinger as CEO to pave the way for a change in strategy at the company. Read More »

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HANS GREIMEL:

Downside of Abenomics hits Japan's automakers

Abenomics, the pet name for Japan's economic revival, has worked magic on the yen, boosting the country's carmakers. But now the other shoe is about to fall: Tax hikes. Read More »

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Hyundai's Czech plant sees output at full capacity despite downturn

Hyundai plans to build 300,000 cars this year at its plant in the Czech Republic and keep production at full capacity in the coming years. Read More »

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Volvo names new U.S. chief in shakeup to boost sales, marketing

Volvo tapped the head of its finance arm as acting boss for the United States as part of a management shakeup to boost the automaker's lackluster sales and marketing in the U.S. Read More »

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ANE monthly e-magazine goes live Monday

The latest issue of the Automotive News Europe monthly e-magazine looks at how the upscale push by volume brands such as Ford and Renault brings risks and potential rewards. Read More »

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UK car sales surge to 5-year monthly high in September

UK car sales rose 12 percent in September to the highest monthly total in more than five years, reflecting growing economic confidence. Read More »

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Renault could launch hybrids by 2020, report says

Renault is working on hybrid technologies that it may offer in its cars by the end of the decade, a French newspaper said. Read More »

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Toyota is the most valuable auto brand, survey shows

Toyota remains the most valuable automotive brand worldwide, followed by Mercedes and BMW in a survey of the 100 most valuable brands. Read More »

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