Headlines for Friday, February 21, 2014

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Honda's Celaya plant boosts Mexico factory presence

In opening its $800 million assembly plant here to build the 2015 Fit subcompact hatchback and crossover variant, Honda is joining a rapidly growing slate of automakers and suppliers in the central Mexican state of Guanajuato. Read More »

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Ford store's on-site medical clinic aids staff

Phil Long Dealerships' new medical clinic inside Phil Long Ford Motor City in Colorado Springs, Colo., is designed to help the self-insured dealer group and its employees better manage their health care costs. Read More »

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Renschler hired by VW to push truck alliance

VW Group appointed former Daimler executive Andreas Renschler to its management board to deepen cooperation at its commercial vehicles operations. Read More »

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Daimler names former VW, BMW CEO Pischetsrieder to supervisory board

Daimler nominated former Volkswagen CEO Bernd Pischetsrieder to the company's supervisory board. Pischetsrieder, 66, also a former BMW CEO, will run for election at the annual shareholders meeting in April. Read More »

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Audi names VW executive as production chief

Audi named Volkswagen executive Hubert Waltl as its production chief. Waltl succeeds Frank Dreves who is retiring. Read More »

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VW offers 6.7 billion euros to purchase rest of truckmaker Scania

VW Group is bidding 6.7 billion euros for the rest of truckmaker Scania to deepen cooperation with its other commercial-vehicles units after being blocked previously in those efforts by the Swedish company's minority shareholders. Read More »

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VW's Q4 profit rises 18%, lifted by record sales at Porsche

VW Group reported an 18 percent gain in fourth-quarter profit as record sales at its Audi and Porsche brands offset spending on developing new models and expanding production. Read More »

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UAW appeals VW plant election to U.S. labor board

The UAW filed an appeal today with the federal government, asking it to set aside the results of an election last week where workers at a Tennessee Volkswagen plant voted not to join the union. Read More »

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VW offers $9.2 billion to purchase rest of truckmaker Scania

Volkswagen AG is bidding more than $9.2 billion for the rest of truckmaker Scania AB to deepen cooperation with its other commercial-vehicles units after being blocked previously in those efforts by the Swedish company's minority shareholders. Read More »

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2014 GENEVA MOTOR SHOW:

Mazda drops hints on redesigned subcompact

Mazda will preview the look of its next-generation Mazda2 subcompact when it reveals the Hazumi concept car next month at the Geneva auto show. Read More »

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VW hires Daimler veteran Renschler to push truck alliance plans

Volkswagen appointed former Daimler executive Andreas Renschler to its management board to deepen cooperation at its commercial vehicles operations. Read More »

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North America car and truck production - 02/24/14

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

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JESSE SNYDER:

At VW, labor is full partner -- please tell southern U.S. politicians

Especially in an election year, I expect political rhetoric over UAW organizing in the South. Read More »

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Ford raises incentives on Fusion to cut inventories

Ford has been raising incentives on the Fusion sedan to help clear out growing inventories, just months after it started building the car in a second North American plant to keep up with demand. Read More »

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AutoNews Now: Land of 8,000 classic cars

Idaho collector got 'carried away,' 80-acre site for sale; Mexico a production magnet; Honda's new Fit plant; a rock star for Ram. Read More »

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Ford uses hefty men to test durability of 2015 F-150 seats

Ford went to unusual lengths to ensure that the seats in its 2015 F-150 pickups, which go on sale this fall, were durable enough to handle the daily demands of heavyset drivers. Read More »

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Sonic extends hours to make up for time lost to weather

Sonic Automotive is extending store hours in parts of the country hit by severe winter weather in an effort to make up vehicle sales and service revenue lost during the storms. Read More »

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VW's Q4 profit rises 18%, lifted by record sales at Porsche

Volkswagen AG reported an 18 percent gain in fourth-quarter profit as record sales at its luxury Audi and Porsche brands offset spending on developing new models and expanding production. Read More »

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Federal-Mogul trims Q4 net loss to $19 million

Diversified auto parts supplier Federal-Mogul reported a fourth-quarter net loss of $19 million, a $61 million improvement over the same quarter in 2012, the company said Thursday, showing signs of recovery since emerging from bankruptcy in 2008. Read More »

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LARRY P. VELLEQUETTE:

Jeep's software fix and the law of unintended consequences

One of last year's Jeep recalls led to an unintended consequence for some owners of 2005-10 Grand Cherokee and 2006-10 Commanders -- a consequence Chrysler now says it intends to fix, at least for most people. Read More »

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Dana Q4 earnings decline 52%, revenue rises slightly

Dana, supplier of axles, driveshafts, sealing and thermal components for light, commercial and off-highway vehicles, saw its net income drop 52 percent to $42 million in the fourth quarter. Read More »

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Nissan expects better profitability in 2014, Ghosn says

Nissan CEO Carlos Ghosn forecast profitability at Japan's second-largest carmaker will improve in 2014 after the company missed out on the yen-led earnings boon at the nation's exporters. Read More »

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Nissan's Ghosn goes to edge of world for EV showcase

Carlos Ghosn, CEO of zero emissions pioneer Nissan, is going to the ends of the world -- quite literally -- to gain traction for his Leaf electric vehicle. Read More »

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First Shift: Order online, ship to car?

Volvo shows new way to get the goods; Report: GM knew of glitch a decade ago; Ford sued over hybrid tech; plug-in VW Golf. Read More »

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Zetsche gets pay raise after record Mercedes deliveries

Daimler increased CEO Dieter Zetsche's pay to 8.25 million euros ($11.3 million) after the third-biggest maker of luxury cars reduced its sales gap with BMW and Audi last year on record deliveries. Read More »

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2014 GENEVA AUTO SHOW:

VW gives its new Golf plug-in hybrid a GTE badge

Volkswagen is giving its new Golf plug-in hybrid car the GT label it uses for its sporty models in a bid to boost the car's appeal. The 201-hp car will be the first Golf to carry the GTE badge. Read More »

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Honda's Accord beat Camry as top U.S. car in individual sales

Honda said its Accord was the best-selling car to individual customers in the United States during 2013, surpassing Toyota's Camry, the leader in total volume to retail and fleet buyers for a 12th consecutive year. Read More »

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Bosch Mahle to produce turbos in China

Bosch Mahle Turbo Systems is building a plant and headquarters in Shanghai to produce turbochargers for automakers in China. The plant will make more than 1 million turbochargers annually, with production scheduled to begin late this year. Read More »

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Valeo second-half earnings rise 16% on strong China, U.S. demand

Valeo said second-half earnings rose 16 percent as demand for cars increased in China and North America and the European vehicle market improved. Read More »

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China may ease caps on foreign stakes in JVs

China's Ministry of Industry and Information Technology wants to loosen ownership restrictions on foreign automakers' joint ventures despite strong opposition from state-owned automakers. Read More »

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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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