Headlines for Monday, October 28, 2013

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Toyota -- boosted by weaker yen -- outsells GM, others in 3rd quarter

6:53 am U.S. ET | Oct. 28, 2013
Toyota outsold General Motors and all other carmakers for the second time in three quarters, in the latest example of how Japan's largest manufacturers are benefiting from Abenomics.

Lexus tops reliability rankings; Ford again near bottom

12:45 pm U.S. ET | Oct. 28, 2013
Japanese brands continue to dominate the Consumer Reports Annual Auto Reliability rankings, while some European brands gained and Ford continued to rank near the bottom of the industry.

Parry-Jones adds new ingredient to a busy life

12:01 am U.S. ET | Oct. 28, 2013
As head of global product development before retiring in 2007, Richard Parry-Jones became known as Ford's alchemist of vehicle dynamics. He was a rally-car driver in his spare time, and pushed hard to make all Fords a blast to drive.

VIDEO: AutoNews Now: EcoBoost stalls Ford

12:01 am U.S. ET | Oct. 28, 2013
Turbocharged V-6 keeps automaker near bottom of reliability survey; Camry not 'recommended'; Sorento sunroof probe; first Cherokee ad.

VIDEO: First Shift: Toyota outsells GM, VW

12:01 am U.S. ET | Oct. 28, 2013
Japanese giant keeps global sales lead through Sept.; fleet Impala to stay until '16; Tesla targets Germany; fashionable car seats.

Chrysler amends IPO filing that highlights conflicts with Fiat

10:08 pm U.S. ET | Oct. 28, 2013
Chrysler Group amended its initial public offering registration statement on Monday, adding details and altering some characterizations.

Tesla says Model S driver unhurt in Mexico crash and blaze

5:47 pm U.S. ET | Oct. 28, 2013
Tesla Motors said a customer was unhurt in a crash and fire this month in Mexico in which a Model S struck a concrete barrier.


Hype aside, Tesla fire was no 4-alarmer

12:01 am U.S. ET | Oct. 28, 2013
If you have read the news lately, you may have noticed a troubling trend in auto safety.

Tenneco net income falls after taking restructuring charge

10:57 am U.S. ET | Oct. 28, 2013
Tenneco said its third-quarter profit declined from the previous year, citing restructuring charges as a cause of the dip.

Used cars, F&I boost public groups' profit

12:01 am U.S. ET | Oct. 28, 2013
Public retailers said last week that profits on used cars and finance and insurance operations drove increases in their third-quarter earnings.

Jeep Liberty SUVs investigated by U.S. for door fire complaints

3:28 pm U.S. ET | Oct. 28, 2013
Federal regulators opened an investigation of the 79,252 Jeep Liberty SUVs from the 2012 model year on Oct. 21 following two reports of door fires.

Fiat buys remainder of diesel maker VM Motori from GM

3:02 pm U.S. ET | Oct. 28, 2013
Fiat Group, Chrysler Group's Italian parent company, has acquired the remaining half of VM Motori S.p.A. from General Motors for 34.1 million euros ($47.1 million).

Next at auctions: Multiple platform sales

12:01 am U.S. ET | Oct. 28, 2013
Listing used vehicles for sale simultaneously on multiple online remarketing platforms is the next big thing in used-vehicle wholesaling.

A photo flub puts M-B diesel on Corolla site

12:01 am U.S. ET | Oct. 28, 2013
On Toyota Motor Sales USA's Web site, the thumb and forefinger of a giant hand hold an engine behind the back bumper of a 2014 Corolla. The idea is to show how shoppers can configure their own cars.

Kia Sorentos investigated over shattered sunroofs

8:17 am U.S. ET | Oct. 28, 2013
Federal safety regulators have opened an investigation into an estimated 64,117 Kia Sorento SUVs after receiving 15 consumer complaints that the optional glass sunroof had shattered.


The road to a recall

12:01 am U.S. ET | Oct. 28, 2013
Recalls can start in one of two ways. In some cases, automakers act on their own. In others, they get nudged by regulators.

Cherokee ad: Feel like a kid again

9:00 am U.S. ET | Oct. 28, 2013
Chrysler Group launches a broad marketing push for the 2014 Jeep Cherokee today with a 60-second commercial about recapturing the lost fun of childhood.


Despite quality improvements, costly safety issues continue to dog automakers

12:01 am U.S. ET | Oct. 28, 2013
Industry experts agree that today vehicles are better engineered, safer and higher in quality than they have ever been. Even so, recalls remain a persistent and costly reality.

Ross grapples with nuance -- in autos and art

12:01 am U.S. ET | Oct. 28, 2013
Understanding the supplier business is child's play compared with trying to grasp the meaning of one of Belgian surrealist Rene Magritte's bizarre paintings. But Wilbur Ross, the billionaire who controls the giant International Automotive Components Group, enjoys the nuances of both.

Toyota keeps sales lead over VW, GM

Oct. 28, 2013 09:46 CET
Toyota kept its lead over General Motors and VW Group based on nine-month global sales. Toyota's total was about 7.41 million vehicles, up less than 1 percent. GM sold 7.25 million vehicles in the period and VW sold 7.03 million vehicles.

Car dealer Pendragon sees profit uplift on sales growth in UK

Oct. 28, 2013 12:40 CET
UK car dealer Pendragon expects full-year profit to beat market expectations after the company said new-car sales rose 16 percent in the first nine months.


For Mulally, a question that refuses to go away

12:01 am U.S. ET | Oct. 28, 2013
Three times during the third-quarter earnings conference call with journalists and analysts Ford CEO Alan Mulally was asked to comment on reports that he may leave the automaker to become CEO at Microsoft.

A year later, lessons from Sandy's fury

12:01 am U.S. ET | Oct. 28, 2013
One year ago, as soon as Hurricane Sandy had finished beating the Atlantic coast and rolled back out to sea, car dealers across the New York-New Jersey region rushed in to take stock of the damage.

Buyers are back after shutdown

12:01 am U.S. ET | Oct. 28, 2013
The federal government shutdown kept some would-be car shoppers away from dealerships in the first half of October, but forecasters still expect U.S. auto sales to rise at least 12 percent this month.

How data mining helped GM limit a recall to 4 cars

12:01 am U.S. ET | Oct. 28, 2013
Tiny recalls are growing across the industry, experts say, as automakers, like drug companies and food manufacturers, build sophisticated data-mining operations to guard against costly and reputation-crippling recalls.

Ford: Progress beyond N. America 'exciting'

12:01 am U.S. ET | Oct. 28, 2013
What has Ford executives crowing is that Ford's three global regions -- South America, Asia Pacific and Africa and Europe -- posted a combined profit for the quarter for the first time since the second quarter of 2011.

Nissan, Renault go modular: Big savings, tough problems

12:01 am U.S. ET | Oct. 28, 2013
TOKYO -- The redesigned Nissan Rogue crossover scheduled to arrive in showrooms next month is a watershed vehicle for Nissan Motor Co., the first product of a new modular development strategy that aims to slash costs.


It could be a slippery slope

12:01 am U.S. ET | Oct. 28, 2013
There have been several stories recently about General Motors' plan to use the Internet to sell cars with the help of franchised dealers. This could be the beginning of a slippery slope for GM.


Recalls: Safety wars are over; everyone wins

12:01 am U.S. ET | Oct. 28, 2013
From all the vehicle safety recalls that get reported on the nightly news, you might think that cars and trucks are becoming more dangerous.

10 biggest recalls of the century

12:01 am U.S. ET | Oct. 28, 2013
These are the 10 largest automaker-led recall campaigns since 2000, when Congress passed a law imposing new rules on the disclosure of recalls.

GM CFO Ammann is World Congress speaker

12:01 am U.S. ET | Oct. 28, 2013
General Motors CFO Dan Ammann, who as a young outside banker advised GM during its spiral into bankruptcy and subsequent restructuring in 2009 and then joined the company to help lead its 2010 initial public offering, will speak at the Automotive News World Congress in January.

Sonic's goal: End CarMax dominance

12:01 am U.S. ET | Oct. 28, 2013
CarMax Inc. stands alone -- in size, scope and focus -- as a national used-vehicle dealership retailer. Now Sonic Automotive Inc. wants to share that space.

Recalls create service opportunities for dealers

12:01 am U.S. ET | Oct. 28, 2013
Recalls provide opportunities for dealerships to bring customers into the service department, build customer loyalty and encourage maintenance business.

Glaser to head M-B van effort

12:01 am U.S. ET | Oct. 28, 2013
With an eye to increasing its commercial van business, Mercedes-Benz USA has appointed marketing chief Bernhard Glaser, 49, to the new job of vice president and managing director of Mercedes-Benz Vans USA.

Audi's next TT

12:01 am U.S. ET | Oct. 28, 2013
Photographers have caught their first glimpses of Audi's third-generation TT coupe, expected to go on sale in Europe in the second half of 2014 and in the United States the next year.

Redesigned C class sheds 200 pounds but keeps its power

12:01 am U.S. ET | Oct. 28, 2013
The redesigned Mercedes-Benz C class scheduled to debut at the Detroit auto show in January has a new lightweight body structure that Mercedes says will shave as much as 220 pounds, depending on the engine used.

Hyundai previews new Genesis

12:01 am U.S. ET | Oct. 28, 2013
The cab-rearward proportions, revamped grille and taut new sheet metal on Hyundai's re-engineered Genesis are part of a plan to pit the rear-wheel- drive sedan more directly against German luxury models.

Glimpse of Honda's future in Tokyo

12:01 am U.S. ET | Oct. 28, 2013
Honda will introduce concepts of a mini-roadster that previews a new design language and its NSX sports car, alongside production versions of the upcoming Fit-based small crossover at the Tokyo auto show next month.

Cadillac rethinks the bling thing

12:01 am U.S. ET | Oct. 28, 2013
It's no secret that former General Motors product chief Bob Lutz was a big fan of chrome. "Nothing adds perceived value to a car faster," he said at a Chevrolet event in 2009.

Ex-store owner must pay Toyota

12:01 am U.S. ET | Oct. 28, 2013
The former owner of Sunrise Toyota in Oakdale, N.Y., was ordered to pay Toyota $150,050 in attorney fees and $1,370.

And now, fresh from France, the Citroen Sneakermobile

12:01 am U.S. ET | Oct. 28, 2013
Over the years, car designers occasionally have tried to capture some of the charm and practical benefits of athletic shoes in cheeky auto show concept cars. Now one of those concepts is headed for production.

Strong car sales boost 3rd-quarter auto share prices

12:01 am U.S. ET | Oct. 28, 2013
Continuing sales growth fueled strong returns for global automotive stocks in the third quarter.

A gearhead takes on Ford global purchasing

12:01 am U.S. ET | Oct. 28, 2013
DETROIT -- A consummate gearhead who was once a race engineer for Mario Andretti and Nigel Mansell, Hau Thai-Tang made a name for himself as chief engineer of the 2005 Ford Mustang.

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