Headlines for Friday, November 15, 2013

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VIDEO: Nov. 21, 2008 – D3 critique

2:00 pm U.S. ET | Nov. 15, 2013
Historic images and sound bits from when CEOs of General Motors, Ford and Chrysler testified before Congress to make a desperate appeal for government aid to avoid bankruptcy, captured by Automotive News TV.

VIDEO: Nov. 20, 2008 – Lawmakers demand action plans

2:00 pm U.S. ET | Nov. 15, 2013
Historic images and sound bits from when CEOs of General Motors, Ford and Chrysler testified before Congress to make a desperate appeal for government aid to avoid bankruptcy, captured by Automotive News TV.

VIDEO: Nov. 19, 2008 – House grills CEOs

2:00 pm U.S. ET | Nov. 15, 2013
Historic images and sound bits from when CEOs of General Motors, Ford and Chrysler testified before Congress to make a desperate appeal for government aid to avoid bankruptcy, captured by Automotive News TV.

VIDEO: Nov. 18, 2008 – Mulally's dire prediction

2:00 pm U.S. ET | Nov. 15, 2013
Historic images and sound bits from when CEOs of General Motors, Ford and Chrysler testified before Congress to make a desperate appeal for government aid to avoid bankruptcy, captured by Automotive News TV.

VIDEO: Nov. 17, 2008 – Previewing a historic week

2:00 pm U.S. ET | Nov. 15, 2013
Historic images and sound bits from when CEOs of General Motors, Ford and Chrysler testified before Congress to make a desperate appeal for government aid to avoid bankruptcy, captured by Automotive News TV.

2013 L.A. AUTO SHOW

VW to show bold CrossBlue Coupe concept

Nov. 15, 2013 19:45 CET
VW is in the midst of planning an SUV surge in the U.S. market. At the Los Angeles auto show this week it will give a glimpse of one potential offering: the CrossBlue Coupe, a stylishly raked SUV concept shown in Shanghai earlier this year.

PSA mulls Faurecia stake sale to complete Dongfeng tie-up, report says

Nov. 15, 2013 17:50 CET
PSA is preparing for a possible sale of its profitable Faurecia components division to accompany a tie-up with China's Dongfeng, sources said.

Akerson: Opel-Chevrolet overlap in Europe is reminiscent of 'retro GM'

Nov. 15, 2013 22:45 CET
General Motors CEO Dan Akerson says he's frustrated by the “confusing” overlap between GM's Opel and Chevrolet brands in Europe, signaling that a major strategic shift is ahead to change the company's brand strategy in the region.

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Alfa 4C delivers on promise to offer affordable supercar

Nov. 15, 2013 06:15 CET
Alfa Romeo's 4C coupe delivers on the brand's promise to offer a true supercar at a reasonable price. The 53,000 euro 4C combines a downsized engine with a very lightweight body to achieve supercar performance.

Italian car show finds new home in Milan for 2014

Nov. 15, 2013 17:09 CET
Italy's only annual car show will take place in Milan next year, moving from Bologna after this year's event was cancelled due to a lack of exhibitors in a moribund local market.

Akerson: Chevy-Opel overlap is reminiscent of 'retro GM'

4:45 pm U.S. ET | Nov. 15, 2013
General Motors CEO Dan Akerson says he's frustrated by the “confusing” overlap between GM's Chevy and Opel brands in Europe, signaling that a major strategic shift is ahead to change the company's brand strategy in the region.

Peugeot mulls Faurecia sale with Dongfeng tie-up, report says

Nov. 15, 2013 17:45 CET
French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany a tie-up with China's Dongfeng Motor Group, several sources with knowledge of the situation told Reuters.

MIKE COLIAS

GM expects market share to grow steadily

4:34 pm U.S. ET | Nov. 15, 2013
GM CEO Dan Akerson predicts that GM will gain U.S. market share in 2014 as a slew of new and redesigned vehicles hit the market.

Hyundai to launch new Sonata, Genesis models in U.S. in 2014

4:21 pm U.S. ET | Nov. 15, 2013
Hyundai will launch new versions of its Sonata and Genesis sedans and a hydrogen-fueled Tucson crossover in the United States in the first half of 2014, the automaker's top United States executive said today.

RYAN BEENE

Hyundai, Kia make the best of their sales slowdown

3:50 pm U.S. ET | Nov. 15, 2013
Hyundai’s and Kia’s sales momentum may have cooled this year, but their customers don’t seem to care. The Korean brands posted the biggest year-over-year increases in JD Power’s Sales Satisfaction Index among non-luxury brands in 2013, according to results released Thursday.

VIDEO: AutoNews Now: Mazda eyes record U.S. sales

12:01 am U.S. ET | Nov. 15, 2013
Automaker's CEO projects 400,000 sales in two years; Chevy Malibu fire threat; VW's CrossBlue coupe; Ford shields Blue Oval logo.

Ally Financial capital plan passes muster with Federal Reserve

2:47 pm U.S. ET | Nov. 15, 2013
The Federal Reserve today said it does not object to a revised capital plan for Ally Financial for 2013, after it rejected the firm's initial proposal earlier this year.

2013 L.A. AUTO SHOW

VW to bring bold CrossBlue Coupe concept to L.A. show

1:45 pm U.S. ET | Nov. 15, 2013
Volkswagen is in the midst of planning a SUV surge in the U.S. market, and at the Los Angeles Auto Show, it will give a glimpse of one potential offering: the CrossBlue Coupe, a stylishly raked SUV concept shown at the Shanghai auto show this year.

Hyundai works on gasoline engine that mimics diesel

1:52 pm U.S. ET | Nov. 15, 2013
Hyundai is working on a 1.8-liter engine that works like a diesel, but burns gasoline.

GM recalls 15,000 Malibu sedans for fire threat

1:29 pm U.S. ET | Nov. 15, 2013
General Motors is recalling nearly 15,000 Chevrolet Malibu sedans from model year 2013 to check for faulty wiring harnesses that could cause a fire. GM today also said it is recalling 44,406 Malibus from model year 2014 to check an issue that could cause the cars' defrosters to malfunction.

German luxury brands raising the ante in U.S. battlefield

12:01 am U.S. ET | Nov. 15, 2013
Germany's luxury automakers are introducing a wave of initiatives, big and small, to help the shopping and service experience in the United States match the luxurious and pricey vehicles they sell.

Mazda chief expects record U.S. sales in 2 years

11:40 am U.S. ET | Nov. 15, 2013
Masamichi Kogai, the new CEO of Mazda, expects the company to achieve record U.S. sales in the next two years, as the automaker bounds back from years of losses on the back of booming demand, new products and a lower cost structure.

Peugeot mulls Faurecia sale with Dongfeng tie-up, report says

11:45 am U.S. ET | Nov. 15, 2013
French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany a tie-up with China's Dongfeng Motor Group, several sources with knowledge of the situation told Reuters.

2013 L.A. AUTO SHOW

Ford Fusion Energi interior turns 'greener' with Coca-Cola tie-up

12:01 am U.S. ET | Nov. 15, 2013
Ford and Coca-Cola have partnered to outfit a Ford Fusion Energi plug-in hybrid sedan with fabric using the same plant-based and renewable material featured in the soft drink maker's bottles.

Skoda sells record number of cars in October

Nov. 15, 2013 08:33 CET
Helped by new models, Skoda set a record for sales for the month of October, shrinking the decline it has seen since the start of the year..

Volkswagen sees European markets stabilizing

Nov. 15, 2013 12:39 CET
Volkswagen said the markets in several European countries are stabilizing after reporting that 10-month group sales rose 5 percent to 7.85 million vehicles.

VIDEO: First Shift: Why it pays to tote a tablet

12:01 am U.S. ET | Nov. 15, 2013
Technology impresses buyers, study finds; U.S. tackles highway deaths; Ford's Coca-Cola car; Hyundai to show dealer reviews.

YANG JIAN

Wuhan is poised to be China's Motor City

12:01 am U.S. ET | Nov. 15, 2013
Several Chinese cities are jostling for the title of "The Chinese Detroit" as they vie for bragging rights as the country's biggest auto producer. But Wuhan, which is home to Nissan, PSA, Renault and Honda, looks likely to win the title.

German union's incoming boss warns VW about avoiding labor pledges in U.S.

Nov. 15, 2013 13:19 CET
The incoming leader of an influential German union warned Volkswagen Group about trying to avoid unions in Tennessee in the United States, where the German automaker has an assembly plant.

Akerson wants next GM CEO to be risk taker, 'change agent'

Nov. 15, 2013 06:01 CET
General Motors CEO Dan Akerson told Automotive News that his successor should be a "change agent" who can guard against any complacency that could allow the automaker to slip back into bad habits.

Infiniti targets young Chinese buyers who find BMW, Audi, Mercedes too commonplace

Nov. 15, 2013 06:01 CET
Infiniti is targeting younger customers in China who find Audi, Mercedes or BMW too commonplace as the automaker strives to increase sales in the world's largest market.

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