Headlines for Tuesday, July 15, 2014

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Owners of 8 N.J. dealerships settle claims of deceptive practices for $1.8 million

Eight dealerships in New Jersey owned by Carmelo and Ignazio Giuffre have reached a $1.8 million settlement with the state's Division of Consumer Affairs. Read More »

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Mulally joins Google board

Former Ford CEO Alan Mulally has joined the board of directors of Google as the technology giant ramps up development of autonomous light vehicles. Read More »

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Volkswagen plans $250 million investment in India

Volkswagen plans to invest 15 billion rupees ($250 million) in India over the next five to six years. VW's market share in India fell in the last fiscal year to 2.1 percent from 2.4 percent. Read More »

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Porsche will consolidate sports car output in Zuffenhausen with 400 million euro investment for Boxster and Cayman production

Porsche plans to consolidate production of its Boxster and Cayman sports cars at its main plant in Zuffenhausen, near Stuttgart. Read More »

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AUTOMOTIVE NEWS EUROPE E-MAGAZINE:

Audi makes London showroom a technology showcase

Audi's central London dealership has chosen a revolutionary new way for the automaker to sell not just cars but the brand itself by allowing customers to configure their vehicles on four huge powerwall screens. Read More »

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Audi to add shift at Hungary plant ahead of TT launch

Audi will add a third shift at its car plant in Hungary in mid-August ahead of the launch of the new TT sports car. Read More »

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THE GM RECALL:

GM revises way legal staff handles safety suits

GM has hired an outside legal firm to review the company's litigation practices and has revised the way it handles civil lawsuits so that cases involving serious injuries or deaths will be reviewed by the company's general counsel and engineering staffs, GM's top lawyer plans to tell a Senate panel... Read More »

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AutoNews Now: VW cost-cutting crusade

Company struggles with lagging margins, even as it expands in U.S.; why Maserati's watching Fiat; Mercedes S65 AMG coupe. Read More »

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How Warren Buffett landed a new Cadillac (and not a Subaru)

Warren Buffett, who has made himself and others enormously wealthy by investing in some of America's biggest brands, says he's not about to go with Japanese wheels, no matter how practical. Read More »

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First Shift: A boost for 'talking cars'

Obama to tout research; BMW willing to share; EPA: Prove MPG; NJ dealerships settle; Snyder: Inventories at sweet spot. Read More »

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VW aims to save 5 billion euros to lift profitability

VW Group plans to reduce costs at its namesake brand by 5 billion euros ($6.8 billion) by 2017 as it seeks to lift sagging profitability after efficiency gains have failed to keep pace with rising labor costs. Read More »

Driverless cars will require industry shift, Nissan scientist says

Automakers intending to bring driverless cars to market need to work as much on software design as mechanical engineering, the researcher leading Nissan’s automated-vehicle program says. Read More »

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Obama touts progress on 'talking' cars

President Barack Obama highlighted government-backed research on technology being developed by companies including Ford and Toyota to allow cars to communicate with each other. Read More »

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MARK VAUGHN:

Acura claims a sales honor with MDX

Automakers are always defining segments and claiming sales crowns for their own purposes. Here's the latest instance. Read More »

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Car-sharing rivals Uber, Lyft tussle over driver recruits

Uber and Lyft are racing to recruit drivers to spur the growth of their popular ride-sharing businesses. The rivalry for drivers is unfolding across the United States as both companies rush to expand services -- most recently in New York. Read More »

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VW targets $6.8 billion in annual cuts to close profit gap with rivals

Volkswagen AG plans to cut costs and boost productivity at the VW brand by $6.8 billion a year by 2017 to lift sagging profitability. Efficiency gains have failed to keep pace with rising labor costs, CEO Martin Winterkorn said in an internal presentation to company managers. Read More »

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2015 Tokyo Motor Show to return to October after schedule mishap

The Tokyo Motor Show, accidentally booked last year to overlap with shows in Los Angeles and Guangzhou, will return to its traditional late October slot in 2015 in a bid to boost overseas attendance. Read More »

Steel supplier Industrias missing out on Mexico's car boom

Industrias, Mexico's biggest maker of specialized steel used in car engines, is missing out on a surge in automobile production as competitors' increased output has lowered prices. Read More »

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Russia bans state purchase of foreign-made cars to aid local automakers

Prime Minister Dmitry Medvedev has ordered a ban on Russian state and municipal purchases of foreign-manufactured cars to support local producers. Read More »

South African metalworkers employers withdraw wage offer

South Africa's steel and engineering employers group withdrew a "final" wage offer made to the striking NUMSA union. The strike has affected production at Ford, Toyota and GM. Read More »

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BMW open to sharing battery technology with rivals

BMW is open to sharing with rival automakers the EV battery cell technology it co-developed with Samsung SDI. Sharing the technology would reduce the cost of the battery cells -- the most expensive part of an electric vehicle. Read More »

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