Headlines for Friday, July 25, 2014

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Aston Martin revives Lagonda badge for new sedan

Aston Martin will revive its Lagonda nameplate with a limited-edition sedan designed for customers in the Middle East. Read More »

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Fisker's Chinese owner plans 2nd model after Karma output resumes

The Chinese owner of Fisker Automotive hopes to launch a second model that would join the $100,000 Karma luxury plug-in hybrid in three years, according to the company’s chairman. Read More »

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Porsche Cayenne to offer new twin-turbo engine, plug-in hybrid for '15

The freshened '15 Porsche Cayenne will offer a new twin-turbo engine, a plug-in hybrid model, and prices that range from 3 to 11 percent higher, when it goes on sale Nov. 1 in the United States. Read More »

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Volkswagen marketing chief quits

Volkswagen's global marketing head, Simon Thomas, will leave the post after about a year in the job. Thomas, a former top Nissan Europe executive, said he is leaving VW at his own request. Read More »

Jaguar Land Rover cuts prices on 3 models in China in response to government probe

Jaguar Land Rover will cut prices on 3 models by an average of $32,300 starting August 1, after the National Development and Reform Commission, China's state planner, launched an investigation into monopolistic prices in the auto industry, the company said in a statement on Friday. Read More »

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JAMES B. TREECE:

GM, Manheim kiss and make up

About four years after a spat strained their business relations, GM and auction company Manheim are starting to kiss and make up. Read More »

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Strong retail demand to push U.S. sales higher in July, forecasts show

The pace of auto sales has slowed slightly after hitting an eight-year high in June, but July's results are still shaping up to be at least 9 percent better than a year ago, according to four forecasts. The seasonally adjusted, annualized selling rate is expected to hit 16.6 million to 16. Read More »

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Ford, FBI investigating former engineer for possible espionage

An engineer recently fired by Ford is being investigated for possible espionage after the FBI found 8 listening devices installed in the company's world headquarters in Dearborn, Mich. Read More »

ZF's pursuit of TRW may spark wave of mergers in supply chain

The biggest auto-parts deal since 2007 may be just the start of consolidation, with Autoliv and Visteon among the next potential targets, analysts say. More auto parts companies may combine as overcapacity constrains their ability to add scale on their own. Read More »

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North America car and truck production - 07/28/14

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

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VW may open planning center in Brazil to revive sales

VW Group is mulling a planning center in Brazil. It would be part of the automaker's 3.6 billion euro ($4.85 billion) investment in new models, plants and technology for the country through 2018, sources said. Read More »

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AutoNews Now: Peek at product pipeline

Our look at what's ahead for Nissan, Honda and Toyota; what has Mercedes saying 'ah;' Crain joins Hall of Fame. Read More »

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Porsche importer buys former F1 circuit in South Africa

Porsche South Africa has bought the 72-hectare Kyalami racetrack, which hosted F1 races between 1967 and 1993, for 205 million rand (14.5 million euro) at an auction. Read More »

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Lear profits rise on higher vehicle output, record seating volume, electrical gains

Lear's second-quarter profits rose to $148.5 million on higher light-vehicle output, record seating sales, and solid gains and expanded profit margins in its electrical distribution business. Read More »

Hella planning IPO later this year, report says

German automotive supplier Hella is working with Citigroup and banks on an initial public offering later this year, according to people with knowledge of the matter. Read More »

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U.S. medium & heavy truck sales, June & YTD

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

NHTSA to investigate older GM models for software, airbag glitch

NHTSA will investigate whether 320,000 older Chevrolet Impalas have a software defect that might cause airbags to fail to deploy in a crash. Read More »

South African union said to reject wage deal to end strike, resume car output

South Africa's biggest union will probably reject the latest pay offer from employers to end a three-week strike that has idled light-vehicle output and other manufacturing because of a clause related to workplace bargaining, a union official said. Read More »

Mazda expands U.S. recall of cars with faulty Takata airbags

Mazda will broaden a recall of cars sold in the United States because an airbag inflator, supplied by Japanese supplier Takata, could rupture and seriously injure occupants. Read More »

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First Shift: FBI search of Ford HQ

Paper: Bureau seizes listening devices in probe of ex-worker; VW chief denounces anti-Semitism; shoppers ring up dealers. Read More »

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Citroen DS upscale line off to a slow start as a stand-alone brand

Vehicle sales at Citroen's upscale DS line, which became a stand-alone brand on June 1, fell during the first half, hit by an aging product lineup and tougher competition from refreshed rivals such as Mini. Read More »

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Valeo raises 2014 profit forecast

French car parts supplier Valeo has raised its full-year earnings forecast following a 21 percent rise in first-half profit, due mainly to overseas expansion and increased demand for fuel-saving technologies. Read More »

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Audi, BMW and Mercedes pressure Ford, GM as UK market booms

Germany's premium automakers are benefiting most from the UK car market boom. Audi, BMW and Mercedes are winning customers from mass-market brands such as Ford and Vauxhall. Read More »

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Audi, BMW and Mercedes pressure Ford, GM as UK market booms

Germany's premium automakers are benefiting most from the UK car market boom. Audi, BMW and Mercedes are winning customers from mass-market brands such as Ford and Vauxhall. Read More »

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GM remains bullish on Chevrolet-Manchester United sponsorship deal

One bad season for Manchester United has not shaken GM's belief in its sponsorship deal with the English soccer club. Chevrolet's logo appeared on players' jerseys for the first time when United beat the Los Angeles Galaxy team in a friendly match in Pasadena, California. Read More »

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