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Chevy Cruze resculpted with sweptback styling

DETROIT -- The next-generation Chevrolet Cruze will get a more sculpted, sweptback appearance, based on recent spy shots that captured the compact sedan without camouflage. The redesigned Cruze features a more steeply angled windshield, narrower ... 12:50 pm U.S. ET | May 6

Pa. Chrysler store loses bid to toss suit over financing

A customer who sued a Pennsylvania Chrysler dealership claiming the store deceived her about the financing and condition of a used car may pursue truth-in-lending, fraud and consumer law claims, a federal judge has ruled. However, U.S. District ... 11:45 am U.S. ET | May 6

BMW postpones Russia assembly plant decision

FRANKFURT (Reuters) -- BMW said it had postponed a decision about whether to build an assembly plant in Russia because of the uncertainty caused by the economic crisis. "Russia is a challenge for our company and we have asked ourselves how will ... May 6, 2015 11:58 European CT

Tesla earnings report to be watched for progress toward 55,000 sales goal, SUV

SAN FRANCISCO (Bloomberg) -- Cars, not batteries, will take center stage as Tesla Motors Inc. reports earnings later today. Tesla investors will scour the results for clues on whether the company’s on track to meet this year’s ambitious ... 8:15 am U.S. ET | May 6

BMW Q1 profit rises 21% as U.S., Europe demand offsets slowing China

MUNICH -- BMW reported a 21 percent jump in first-quarter profit as stronger demand in the U.S. and Europe for models such as the X5 SUV offset slowing demand in China. Earnings before interest and taxes increased to 2.52 billion euros ($2.83 ... May 6, 2015 08:40 European CT | UPDATED: May 6 16:30 CET - adds China market comments

Ford Credit sees highest Q1 dealer share in 14 years

Ford Motor Credit Co. increased its share of U.S. retail loan and lease volume for Ford and Lincoln dealers to 45 percent in the first quarter. That was up from 44 percent a year earlier and the highest first quarter in 14 years. The first-quarter ... 11:15 am U.S. ET | May 6

Opel makes new Astra lighter, roomier to fight VW Golf, Ford Focus

FRANKFURT -- Opel has made its new Astra lighter, roomier and more agile to help the car compete better in Europe's heavily contested compact car segment against rivals including the Volkswagen Golf and Ford Focus. The brand today published the ... May 6, 2015 11:23 European CT

Dongfeng names new chairman amid merger reports

BEIJING (Reuters) -- Chinese state-owned automaker Dongfeng Motor, which has a 14 percent stake in PSA, has appointed a former president of FAW Group, Zhu Yanfeng, as its new chairman amid reports that the government is preparing to merge it with ... May 6, 2015 11:03 European CT

Daimler granted license from Nevada to test self-driving trucks

LAS VEGAS (Reuters) -- Daimler AG has been granted a license by Nevada to test self-driving trucks on public roads, as the U.S. and Europe race to establish a regulatory framework for autonomous vehicles. While companies such as Google have ... 6:39 am U.S. ET | May 6

BMW Q1 profit rises 21% on stronger U.S., Europe demand

MUNICH -- BMW reported a 21 percent jump in first-quarter profit on stronger demand in the U.S. and Europe for models such as the X5 SUV. Earnings before interest and taxes increased to 2.52 billion euros ($2.83 billion) from 2.09 billion euros a ... 2:40 am U.S. ET | May 6

ZF wins U.S. approval for TRW acquisition with divestitures

WASHINGTON (Bloomberg) -- ZF Friedrichshafen won approval from the U.S. Federal Trade Commission (FTC) to buy TRW Automotive Holdings on the condition it sells TRW's linkage and suspension business in North America and Europe. The FTC said without ... May 6, 2015 09:36 European CT

Automakers seek to delay tougher EU emissions testing

BRUSSELS (Reuters) -- European carmakers are lobbying for a three-year delay to new rules that would reduce the fuel-saving claims they can make for their vehicles, according to an industry paper seen by Reuters. The European Commission wants to ... May 6, 2015 14:59 European CT

TRW says Q1 revenue up 7%, profits rise

TRW Automotive Holdings Corp., which is being acquired by German supplier ZF Friedrichshafen, said that first quarter revenue grew 7 percent from last year, excluding the effects of currency and divested business. The automotive safety systems ... May 6, 2015 06:01 European CT

Nissan exec predicts more Europe profits despite Russia

Nissan Europe Chairman Paul Willcox celebrated his first full year back at the automaker after a short stint with Volkswagen by leading the Japanese brand to new highs in sales and market share. Nissan, along with value brand Datsun, increased 2014 ... May 6, 2015 06:15 European CT

VW's Renschler to replace Piech as MAN chairman

FRANKFURT (Reuters) -- Andreas Renschler, the board member in charge of commercial vehicles at Volkswagen Group, will replace Ferdinand Piech as chairman of truck maker MAN SE, MAN said today. Piech resigned from all his supervisory board posts ... May 6, 2015 11:26 European CT

Automotive News
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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