Hyundai, Kia promote younger execs, with eye on succession planning

SEOUL (Reuters) -- Hyundai Motor and affiliate Kia Motors promoted younger executives Friday in moves analysts said would help smooth an eventual leadership succession at the family-owned conglomerate. Hyundai Motor said it elevated chief marketing ... 7:57 am U.S. ET | Dec. 26

Tesla to help Chinese buyers trade in their old cars for Model S

BEIJING (Bloomberg) -- Tesla Motors Inc. will help Chinese buyers trade in their old cars if they buy a Model S, part of the automaker’s latest efforts to spur sales of its all-electric sedan in the world’s biggest vehicle market. The ... 8:10 am U.S. ET | Dec. 26

Subaru scraps plan to shift Crosstrek production to U.S., report says

TOKYO (Reuters) -- Fuji Heavy Industries, the maker of Subaru brand cars and SUVs, has scrapped a plan to shift production of the new XV Crosstrek to its U.S. plant and will instead make the SUV in Japan, a source familiar with the company's ... 7:50 am U.S. ET | Dec. 25

Takata president steps down from role, CEO to reclaim title

TOKYO (Reuters) -- Takata Corp, the auto supplier embroiled in a global safety crisis, said today its president, Stefan Stocker, would step down and its CEO would once again assume the role to unify the company's response to the recall of millions ... 6:19 am U.S. ET | Dec. 24

Dodge flexes muscle, sheds family-car image

DETROIT (Bloomberg) -- Dodge’s Charger SRT Hellcat is a hot-rodder’s dream: with 707 horses under the hood, it goes 204 miles per hour and devours the quarter mile in about 11 seconds. Chrysler bills the Hellcat as the fastest ... 12:01 am U.S. ET | Dec. 24

Inventories rise at Chinese auto dealers

... 10:22 am U.S. ET | Dec. 24

FBI hunting for N.J. car dealer accused of fraud

... 10:18 am U.S. ET | Dec. 24

First Shift: Takata president steps down

Title: (always in sentence case): First Shift: Takata president steps down Summary Text: Chairman Shigehisa Takada replaces Stefan Stocker amid recall crisis; FJ Cruiser departs; 918 Spyder recall; Faurecia appeal. Email Subject Line: A.M. ... 12:01 am U.S. ET | Dec. 24

AutoNews Now: Opportunity, obstacles in Cuba

 Title: (always in sentence case):AutoNews Now: Opportunity, obstacles in Cuba Summary Text:Economics, politics could deter carmakers; FCA confirms Kokomo spending; GM plant's ripple effect; Honda's moving tribute. Email ... 12:01 am U.S. ET | Dec. 23

Growing list of safe cars belies fears in record recalls

DETROIT (Bloomberg) -- The insurance industry’s list of cars and trucks that do the best job of keeping owners alive in a crash jumped 82 percent this year against a backdrop of U.S. recalls of older models that were killing their passengers. ... 6:22 am U.S. ET | Dec. 23

Nissan sees record 2015 for Leaf EV in Europe

SUNDERLAND, England -- Nissan expects to increase European sales of the Leaf electric car by "double-digit" percentage points in 2015 following record sales this year. Nissan Europe's electric cars director, Jean-Pierre Diernaz, said Leaf sales ... Dec. 23, 2014 06:01 European CT

UK may get new auto show in 2016

LONDON -- The UK could once again have a major auto show after organizers announced dates for an event in 2016. BNC Special Events plan to stage a show for car enthusiasts in London. "We are the second largest car market in Europe and it ... Dec. 23, 2014 10:51 European CT

Porsche recalls 918 Spyder to replace faulty chassis parts

FRANKFURT (Bloomberg) -- Porsche is recalling 205 of the limited-edition 918 Spyder, the German carmaker’s most expensive model, to replace defective chassis parts. Porsche is taking the “precautionary measure” because it ... 5:08 pm U.S. ET | Dec. 23

Faurecia vows to appeal $2.4M fine for market breaches

PARIS (Reuters) -- French auto parts maker Faurecia said today it would appeal against a 2 million euro ($2.44 million) fine imposed by the country's AMF stock market regulator for alleged selective disclosure of financial information to stock ... 12:47 pm U.S. ET | Dec. 23

Hertz raises U.S. prices as fleet costs increase

DETROIT (Bloomberg) -- Hertz Global Holdings Inc. raised prices for rental cars to be picked up Jan. 1 or later. The stock had its biggest gain of the year, and Avis shares soared, too. Investors, cheered by the prospect of increasing revenue, sent ... 5:16 pm U.S. ET | Dec. 23 | UPDATED: 12/24/14 12:06 pm ET - adds Wednesday trading

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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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