Headlines for Tuesday, November 12, 2013

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


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

N.A. auto industry to see big supply chain bottleneck within 5 years, study warns

7:02 am U.S. ET | Nov. 12, 2013
Within five years, the industry will be almost $6 billion short of tooling capacity -- the ability to make the machines and molds automakers and their suppliers use to build auto parts -- according to a new study from Harbour Results.

Average fuel economy on U.S. vehicles rose in October, report says

4:10 pm U.S. ET | Nov. 12, 2013
The average fuel economy of new trucks, cars, SUVs and vans sold in the United States during October rose 0.2 mpg from September, to 24.8 mpg, according to a monthly report from the University of Michigan Transportation Research Institute.

VIDEO: AutoNews Now: Dealerships and paychecks

12:01 am U.S. ET | Nov. 12, 2013
F&I workers seeing the best income growth, NADA study finds; tooling strain could crimp N.A. production; Clooney's Tesla gripe.

CFPB chief concedes need for balance in auto-loan oversight

4:24 pm U.S. ET | Nov. 12, 2013
Richard Cordray, director of the Consumer Financial Protection Bureau, said he wants more “openness and transparency” for the agency's oversight of auto lending, but added that the agency still has strong concerns about how dealerships arrange loans.

JESSE SNYDER

Like dad, Mel Parekh is turning around a GM store

10:31 am U.S. ET | Nov. 12, 2013
At 38, dealer Mel Parekh is rescuing his second store. But in a way, Princeton Chevrolet in New Jersey is his fourth turnaround.

Tesla's Musk says there 'definitely' won't be recall of Model S

Nov. 12, 2013 22:38 CET
Tesla CEO Elon Musk said there ''definitely'' won't be a recall of the company's Model S sedan as the electric-car maker waits to see if U.S. regulators investigate crash-related fires involving the vehicle.

VIDEO: First Shift: Keeping Subaru's momentum

12:01 am U.S. ET | Nov. 12, 2013
Plan to upgrade service, keep conquest buyers; Nissan exec moves to VW; Mazda tech demo goes wrong; strong steel future?

Tesla's Musk says there 'definitely' won't be recall of Model S

4:38 pm U.S. ET | Nov. 12, 2013
Tesla CEO Elon Musk said "there definitely won’t be a recall" of the company’s Model S sedan as the electric-car maker waits to see if federal regulators investigate crash-related fires involving the vehicle.

Nissan's new Mexico plant ready to unleash small cars

9:19 am U.S. ET | Nov. 12, 2013
Train cars are standing by to begin shipping Sentras to dealers in the United States from Nissan's newest assembly plant, which opens today in Aguascalientes, Mexico.

Dealers pay more, keep employees longer, study says

2:10 pm U.S. ET | Nov. 12, 2013
Dealers experienced less employee turnover and hired more woman and young people in 2012.

Group 1 buys 3 Texas stores from Moritz

12:03 pm U.S. ET | Nov. 12, 2013
Group 1 Automotive Inc. said today that it has purchased three dealerships in Arlington, Texas.

Chrysler mimics human lung to broaden CNG use

11:36 am U.S. ET | Nov. 12, 2013
Chrysler says it has developed a tank to store compressed natural gas that mimics human lungs and will allow the cheaper fuel source to more easily be used in automobiles.

CAR CUTAWAY

Faurecia, Plastic Omnium cut weight, emissions in new Citroen C4 Picasso

12:01 am U.S. ET | Nov. 12, 2013
With help from Faurecia, the new C4 Picasso is the first Citroen model that meets Euro 6 emission standards for diesel cars.

TOKYO AUTO SHOW PREVIEW

Japanese brands to embrace the small, the sporty and the futuristic

Nov. 12, 2013 06:01 CET
Japan's automakers will go futuristic and local at the Tokyo auto show, combining the far-out concept cars the show has been famous for alongside the Japan-only 660cc minicars -- some of which are delightfully sporty -- that represent a third of the home market.

Q&A

Toyota is ready to go on the offensive again

Nov. 12, 2013 06:01 CET
President Akio Toyoda says Toyota is finally ready to go on the offensive again after being hobbled in recent years by the global financial meltdown, vehicle recalls and Japan's earthquake.

VW brand sales rise 2% in October on China demand

7:31 am U.S. ET | Nov. 12, 2013
Volkswagen said global sales of its core brand rose 2 percent in October as falling demand in Europe and the United States was offset by strong gains in China.

VW brand sales rise 2% in October on China demand

Nov. 12, 2013 13:31 CET
Volkswagen said global sales of its core brand rose 2 percent in October as falling demand in Europe and the United States was offset by strong gains in China.

Subaru boss: Upgrade dealer service to keep conquests

7:28 am U.S. ET | Nov. 12, 2013
Subaru boss Yasuyuki Yoshinaga, worried that customer service is being swamped by the brand's sales boom, is pushing U.S. dealers to upgrade to keep new conquest buyers loyal.

UK's Ricardo to help China's JAC develop downsized gasoline engine

Nov. 12, 2013 12:25 CET
UK engineering firm Ricardo says it will provide thermal system engineering to help China's JAC develop a downsized gasoline engine for a passenger vehicle the Chinese company plans to develop.

Italy's Brembo says third-quarter profit rose 50%

Nov. 12, 2013 12:00 CET
Italian supplier Brembo said its net profit rose 50 percent in the third quarter, boosted by growth in Germany, the United States, France and the United Kingdom.

Cayenne propels Porsche to 21% sales gain in China

Nov. 12, 2013 11:09 CET
Porsche deliveries in China rose nearly 21 percent last month, helped by robust demand for the brand's Cayenne SUV.

YANG JIAN

How Dongfeng can protect a risky investment in PSA

12:01 am U.S. ET | Nov. 12, 2013
Dongfeng is being very cautious about a proposal to buy a stake in its joint-venture partner, PSA -- and rightly so. PSA would like to have Dongfeng's money, but won't be so happy to share technology.

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Europe's dealers focus on used cars, aftersales to survive slump

Nov. 12, 2013 06:15 CET
Europe's leading independent dealer groups have turned their focus to selling more used cars and making more money from aftersales to survive the region's new-car sales slump.

Automotive News Cover
News by Brand