Headlines for Tuesday, June 3, 2014

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U.S. car sales, May & YTD

5:03 pm U.S. ET | June 3, 2014
 May 2014May 2013% change5 mos. 20145 mos.

U.S. light-truck sales, May & YTD

5:05 pm U.S. ET | June 3, 2014
 May 2014May 2013% change5 mos. 20145 mos.

U.S. total vehicle sales by make, May & YTD

5:54 pm U.S. ET | June 3, 2014

U.S. light-vehicle sales by nameplate, May & YTD

5:57 pm U.S. ET | June 3, 2014
MakeCar 2014Car 2013% changeTruck 2014Truck 2013% change
 May 2014May 2013% change5 mos. 20145 mos.

Tesla won't select final gigafactory site until late 2014, Musk says

4:50 pm U.S. ET | June 3, 2014
Tesla Motors won't decide until year end where to build a battery “gigafactory” even as it readies multiple plant sites, CEO Elon Musk told investors on Tuesday.

JESSE SNYDER

Ya gotta love those new models

5:38 pm U.S. ET | June 3, 2014
Jeep is hot, hot, hot. Volkswagen is cold as ice. Nothing helps like fresh product on the floor. And nothing aches quite the way that an aging lineup does.

SEGMENT SPOTLIGHT

Large cars, after brief comeback, lose traction

4:24 pm U.S. ET | June 3, 2014
The large car's comeback appears over. After a solid rise in 2013, U.S. sales of nonluxury big sedans dropped 5 percent through May, while car sales were flat and total light-vehicle sales jumped 5 percent.

VIDEO: AutoNews Now: 50 straight for Chrysler

12:01 am U.S. ET | June 3, 2014
Winning streak continues as industry hits best sales pace since July 2006; VW sport-utility boom?; bailout perspectives.

THE GM RECALL

GM apologizes for sending recall notices to victims' families

10:28 pm U.S. ET | June 3, 2014
General Motors apologized to families of accident victims who have been notified to bring in cars for replacement of defective ignition switches.

VIDEO: First Shift: Minivans still a battleground

12:01 am U.S. ET | June 3, 2014
With good margins, loyal buyers at stake, segment gets a makeover; UAW appeals for dues hike; Mustang said to gain weight.

VW may offer six SUVs to help pass Toyota, report says

June 3, 2014 12:33 CET
Volkswagen could triple the VW brand's SUV lineup as it seeks to overtake Toyota in global sales, sources said. VW is said to be developing a coupe version and a longer variant of the Tiguan and may also offer a subcompact crossover.

UAW delegates approve 25% dues hike in contentious vote

3:58 pm U.S. ET | June 3, 2014
UAW delegates -- following a contentious debate -- today approved a 25 percent dues rate increase for members that will raise about $50 million annually by taking an extra half-hour of pay a month from rank-and-file workers. The increase takes effect in August.

German car sales rebound 5% in May

June 3, 2014 11:30 CET
German new-car registrations rose 5 percent in May after a 4 percent dip in April in a sign that demand is still recovering in Europe's biggest auto market.

MAY U.S. AUTO SALES

Auto sales rise 11% as ‘everything came together’

8:15 am U.S. ET | June 3, 2014
U.S. light-vehicle sales -- led by big gains at Nissan, Toyota, Chrysler and GM -- rose 11 percent to 1.6 million in May as a raft of discounts and extended holiday deals drew consumers to showrooms. The annualized pace of sales shot up to 16.8 million.

Sales soar, gains galore as May stars

4:45 pm U.S. ET | June 3, 2014
Sometimes the stars align. The weather held, the calendar added both an extra selling day and a fifth weekend, lenders relaxed a bit, factories sweetened the pot. And May U.S. auto sales jumped 11 percent to 1.6 million units.

Ford advances 3% on Fusion, Escape records

3:17 pm U.S. ET | June 3, 2014
Ford Motor, paced by record sales of the Fusion mid-sized sedan and Escape compact crossover, posted a 3 percent U.S. sales increase in May.

Nissan Division rings up record with 18% surge

3:21 pm U.S. ET | June 3, 2014
Nissan Division reported sales of 125,558 cars and trucks for May, an 18 percent increase over May 2013. The new level represents a record for May volume at Nissan.

Chevy, cars, fleet help GM overcome recall crisis

1:33 pm U.S. ET | June 3, 2014
General Motors' U.S. sales rose 13 percent in May on a strong performance from its mainstay Chevrolet brand, a sign that consumers are looking past GM's unfolding recall crisis.

Automotive News SAAR - 2014

5:58 pm U.S. ET | June 3, 2014

Ford edges Chrysler as Canada posts all-time monthly sales record

3:00 pm U.S. ET | June 3, 2014
Ford edged out Chrysler for the top spot in May sales in Canada by 256 units as the country set an all-time monthly light-vehicle sales record. Ford of Canada said it sold 31,754 vehicles in May while Chrysler Group said it delivered 31,498 units during the month.

Honda rides hot products to 9% increase

3:52 pm U.S. ET | June 3, 2014
American Honda's May sales increased 9 percent, to 152,603 units, on a mix of hot and cooling products. Honda Division posted an increase of 10 percent, while the Acura brand gained 2 percent for its best May ever.

BMW tops Mercedes in May as cheaper luxury models woo buyers

5:07 pm U.S. ET | June 3, 2014
BMW topped Mercedes in May sales as cheaper models and fashionable crossover vehicles helped luxury brands gain traction in the United States with new buyers enjoying rising disposable income.

Lincoln's MKC trickles into showrooms

4:15 pm U.S. ET | June 3, 2014
The 2015 MKC, Lincoln's entry in the fast-growing compact luxury crossover segment, appeared on the sales charts for the first time in May with 677 units sold.

Hyundai World Cup ads spotlight sports nut, bevy of births

12:15 pm U.S. ET | June 3, 2014
What can make a guy avoid sports through an entire work day so he can cheer for his favorite teams at night? That would be the 2014 FIFA World Cup Brazil, according to one of two new World Cup ads by Hyundai, the competition's official automotive partner.

Crossovers fuel gains for smaller Asian brands

3:24 pm U.S. ET | June 3, 2014
Strong demand for crossovers drove sales gains at smaller Asian brands in May. Kia posted its best U.S. sales month in company history with May sales of 60,087, up 15 percent from the year-ago month.

Iron castings supplier Grede completes sale to private equity firm

1:58 pm U.S. ET | June 3, 2014
Grede Holdings, which supplies specialty iron castings to automakers, said it completed the sale of its operations to private equity firm American Securities LLC.

Record monthly Jeep sales push Chrysler Group up 17%

12:54 pm U.S. ET | June 3, 2014
Hot Jeep sales helped push Chrysler Group's U.S. sales up 17 percent in May. The company reported monthly sales of 194,421 units in May, its 50th consecutive month of year-over-year sales gains.

THE GM RECALL

GM sued by Ark. used-car dealer for damages from 'dangerous' car inventory

9:50 am U.S. ET | June 3, 2014
A used-car dealer in Arkansas is seeking compensation from GM for being saddled with an inventory of “highly dangerous vehicles” that includes cars not yet recalled over ignition-switch defects.

Volvo car sales rise 13% in May on record China demand

June 3, 2014 14:24 CET
Volvo's car sales rose 13 percent in May as record deliveries in China helped offset a 21 percent decline in the United States.

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Zetsche's risky bet on an expanded compact lineup pays off for Mercedes

June 3, 2014 06:01 CET
Daimler CEO Dieter Zetsche's decision to expand Mercedes's compact lineup into a five-model range is capturing new customers for the brand -- and at minimal risk of diluting its premium positioning.

Osram opens LED plant in China

June 3, 2014 09:47 CET
German supplier Osram has opened a plant in Wuxi, eastern China, to package LEDs in housings for automotive customers.

VW weighs tripling SUV lineup to overtake Toyota, report says

6:33 am U.S. ET | June 3, 2014
Volkswagen AG is considering tripling the namesake VW brand's SUV lineup in a bid to overtake Toyota in global sales, two people familiar with the matter told Bloomberg.

VW labor chief promises continued support for UAW union in U.S.

June 3, 2014 06:01 CET
The UAW union will “start anew” at VW Group's Chattanooga assembly plant in the U.S. to represent workers there, Frank Patta, the chief labor representative to VW's works councils worldwide said.

2014 RISING STARS

Automotive News Europe salutes Robert Schnell

June 3, 2014 06:01 CET
Automotive News Europe honors the winners of the 2014 Rising Stars awards. Every day through today a pair of the 14 winners will be featured. The Rising Star for Sales non-OEM is Robert Schnell of Faurecia.

2014 RISING STARS

Automotive News Europe salutes Lars Himmer

June 3, 2014 06:01 CET
Automotive News Europe salutes the winners of the 2014 Rising Stars awards. Every day through today two of the 14 winners will be featured. The Rising Star for Sales OEM is Lars Himmer of VW Group.

Automotive News
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Special Video Report
Smart use of phones, sales teams lift Wash. stores

Smart use of phones, sales teams lift Wash. stores

Sales employees at Ford and Hyundai of Kirkland have tapped smartphones to show how customers are “buying a relationship” with the group. Mon., May 4
» Watch the Video
     
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