Headlines for Thursday, August 21, 2014

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Honda to modify 12,000 redesigned Fits sold in U.S. to enhance crashworthiness

Honda plans to modify 12,000 redesigned 2015 Fit models in customer hands in the United States following a mid-model-year engineering change that improved the subcompact's showing in a key industry crash test. Read More »

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Customer Incentives

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

GM cuts production in Russia as market slump continues

General Motors said it will reduce production at its plant near St. Petersburg, Russia, citing a continued slowdown of the country's auto market. Read More »

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New 2015 Lincoln MKC ads star Matthew McConaughey

Lincoln has signed a multiyear endorsement contract with Oscar-winning actor Matthew McConaughey that will begin in September with a series of spots promoting the 2015 MKC compact luxury crossover. Read More »

Recalls have little to no impact on residual values, study says

Recalls have almost no effect on vehicle depreciation rates, a new study found. Even widespread recalls that generate sweeping publicity had little to no effect on residual values, which represent the value of a used vehicle. The study comes as the U.S. Read More »

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First Shift: Lincoln turns to Hollywood

Brand hires actor Matthew McConaughey as pitchman; Ford said planning a dedicated Prius fighter; recalls hurting Hertz. Read More »

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2015 Chevy Silverado to offer more pizzazz on high-volume models

Chevrolet will offer a bold new trim package on light-duty Silverado pickups for the 2015 model year, adding some pizzazz to its highest-volume models. Read More »

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Leaked stickers suggest a thirstier 2015 Ford Mustang as weight creeps up

Adding independent rear suspension, numerous electronic safety features and other items raised the weight and lowered the fuel economy of several models of the rebuilt 2015 Ford Mustang, according to window stickers leaked on the Internet today. Read More »

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Chrysler's Ram pickup may stick with steel through 2020, report says

Chrysler Group is planning an extensive facelift of its full-size Ram 1500 pickup in spring 2017, but has no firm plans to follow rivals GM and Ford in replacing steel body panels with aluminum until a complete redesign after 2020, industry sources told Reuters. Read More »

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2014 PARIS AUTO SHOW:

Skoda releases images of the new Fabia

Skoda has released images of its new Fabia subcompact, which will launch in Europe early next year after debuting at the Paris auto show in October. Read More »

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Former BMW designer Rice is Mazda Europe's new design boss

Mazda has promoted Kevin Rice, who rejoined the automaker from BMW last year, to lead its European design operations. Read More »

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Study sees dealership throughput breaking records in 2014

For the third consecutive year, U.S. dealership throughput -- the average number of vehicles sold per store -- is expected to break records in 2014, a study released today found. But the experts behind the study warn that a downturn is inevitable. Read More »

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Acura TLX's new assembly line is on Twitter

Acura is advancing the social marketing spectrum with an interactive TLX launch campaign that allows Twitter users to build their own versions of the premium sedan within a tweet. Read More »

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AutoNews Now: Mustang mileage dropping?

Leaked stickers show lower mpg; Cadillac's NY state of mind; Honda to upgrade Fit bumpers; Kia hamsters' electrifying feat. Read More »

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Ford tells U.S. dealers to stop selling some C-Max, Focus models

Ford told its dealers in the United States to stop test-driving and selling C-Max and Focus models produced during a week this month because of potential problems with the steering gear assembly, a notice sent to dealers on Wednesday shows. Read More »

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RICHARD TRUETT:

Is Ford rolling the dice with changes to 2015 Mustang?

The new Mustang is bigger, heavier, thirstier and more expensive than the outgoing '14 model. It's a recipe for killing a sports car. Read More »

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Cadillac considers moving some staff functions to Manhattan

Cadillac is considering adding or shifting some staff functions from Detroit to Manhattan, GM said today, as part of an effort to remake the brand's image and broaden its appeal outside North America under new boss Johan de Nysschen. Read More »

Novelis: Aluminum sales to automakers will nearly triple on new emissions, mpg rules

Novelis, the world's biggest supplier of aluminum sheeting to carmakers, expects sales to customers including Audi and Ford to rise almost three-fold as new emissions rules restrict the use of steel. Read More »

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Kia brings back hamsters for Soul EV ad campaign

Kia rolled out the new “fully charged” ad campaign for the Soul EV today, featuring Adam Levine's falsetto on the new Maroon 5 track “Animals” and, of course, the Kia hamsters. Read More »

Penske Media acquires Fairchild trade magazines from Conde Nast

Penske Media, the Los Angeles-based publishing company founded by automotive heir Jay Penske, is acquiring Fairchild Fashion Media's trade magazines from Conde Nast Publications. Read More »

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Toyota to cut prices of Lexus parts in China amid antitrust concerns

Toyota said today it would cut prices of parts for its luxury Lexus models in China, following similar moves by its German rivals, in response to heightened regulatory scrutiny over antitrust issues. Read More »

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Denso fined $2.2 million in Canada for violation of competition law

Japanese supplier Denso said today it has been fined more than $2 million by a court in Canada for violation of that country's competition law in connection with sales of certain body electronic control units for motor vehicles. Read More »

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Sixt says BMW car-sharing venture is profitable in most cities

Germany's Sixt said its DriveNow car-sharing venture with BMW is profitable in cities where it has been operating for more than a year as sign-ups exceed forecasts. Read More »

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New and premium models boost UK car exports to July record

The UK has reported record car exports for July as production rose by nearly 3 percent year-on-year last month because of new models and strong sales of top-end vehicles. Read More »

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AUTOMOTIVE NEWS EUROPE E-MAGAZINE:

Conti exec says automated driving requires tight ties with many partners

Continental executive Helmut Matschi says automated driving will emerge gradually in the next decade. He also believes that to be successful, suppliers will need to collaborate more than ever with non-automotive companies. Read More »

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