Automotive News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Wed, 29 Jun 2016 06:00:00 EST First Shift: Toyota recalls 3.37M cars for emissions units, airbags http://www.autonews.com/article/20160629/VIDEO/306299998/first-shift-toyota-recalls-3-37m-cars-for-emissions-units-airbags Wed, 29 Jun 2016 00:01:00 EST Toyota recalls 3.37M cars for emissions units, airbags; Brexit to blitz sales?; Bentley still likes sedans; U.S. lowballs green costs, group says; Another Suzuki leads Suzuki. Porsche CEO expects boost from new Panamera http://europe.autonews.com/article/20160629/ANE/160629837/porsche-ceo-expects-boost-from-new-panamera Wed, 29 Jun 2016 04:08:52 EST Porsche expects the new Panamera to give a boost to the weakest performing model line in its portfolio. CEO Oliver Blume told Automotive News Europe he hopes to sell about 20,000 or more Panameras a year globally, up from 17,200 last year. Brexit may cost carmakers 2.8 million global sales, IHS says http://europe.autonews.com/article/20160629/ANE/160629838/brexit-may-cost-carmakers-2-8-million-global-sales-ihs-says Wed, 29 Jun 2016 03:52:22 EST The UK's vote to leave the EU may cost automakers about 2.8 million light-vehicle sales worldwide through 2018, researcher IHS Automotive said. The UK is expected to be hit hardest. Instead of expanding 3. Suzuki Motor appoints scion as CEO to rebuild after testing scandal http://www.autonews.com/article/20160629/OEM02/160629833/suzuki-motor-appoints-scion-as-ceo-to-rebuild-after-testing-scandal Wed, 29 Jun 2016 06:36:07 EST Suzuki Motor Corp. tapped the son of the company patriarch to become CEO, keeping management of Japan's fourth-largest automaker with the founding family as it tries to recover from a testing scandal. Jaguar Land Rover says 'short-term' Brexit impact will not affect Slovak plant http://europe.autonews.com/article/20160629/ANE/160629835/jaguar-land-rover-says-short-term-brexit-impact-will-not-affect Wed, 29 Jun 2016 05:49:30 EST Jaguar Land Rover, the UK's biggest automaker, said the short-term effects of Britain's decision to leave the EU will not affect plans to build a new plant in Slovakia, where production is slated to begin in 2018. PSA, Dongfeng JV reshuffles China management amid sales slump http://europe.autonews.com/article/20160629/ANE/160629836/psa-dongfeng-jv-reshuffles-china-management-amid-sales-slump Wed, 29 Jun 2016 05:24:10 EST PSA's joint venture with Dongfeng in China has appointed a new executive vice president and a new general manager after suffering a sales slump in the first five months of the year. Dealers help promote financial literacy http://www.autonews.com/article/20160629/FINANCE_AND_INSURANCE/306299996/dealers-help-promote-financial-literacy Wed, 29 Jun 2016 00:01:00 EST With briefcases stuffed with lesson plans, interactive finance timelines and even cardboard banks, female dealers and auto industry leaders are spreading financial literacy to create an educated future-car buyer. EchoPark F&I process to echo across Sonic http://www.autonews.com/article/20160629/FINANCE_AND_INSURANCE/306299994/echopark-fi-process-to-echo-across-sonic Wed, 29 Jun 2016 00:01:00 EST Sonic Automotive's finance and insurance sales process at its EchoPark used-only dealerships has been so successful in lifting FandI revenue per vehicle, the company plans to expand the process to its 99 franchised stores. Public groups optimistic on F&I revenue growth http://www.autonews.com/article/20160629/FINANCE_AND_INSURANCE/306299995/public-groups-optimistic-on-fi-revenue-growth Wed, 29 Jun 2016 00:01:00 EST All six large public new-car retailers lifted FandI revenue per vehicle through March, and most expect growth to continue. Why VW owners get $10,000 in U.S., but a bit of pipe in the EU http://europe.autonews.com/article/20160628/ANE/160629842/why-vw-owners-get-10000-in-u-s-but-a-bit-of-pipe-in-the-eu Tue, 28 Jun 2016 16:24:01 EST If you own a Volkswagen with a diesel engine in the U.S., the company will buy back your car and give you as much as $10,000. If you drive one in Europe, you may only get a piece of pipe. Toyota recalls 3.4 million cars globally over airbags, fuel tanks http://www.autonews.com/article/20160628/OEM11/160629840/toyota-recalls-3-4-million-cars-globally-over-airbags-fuel-tanks Tue, 28 Jun 2016 22:04:37 EST Toyota said it's recalling about 3.4 million vehicles globally to repair separate flaws involving leaky fuel tanks and curtain airbags that may crack and injure occupants. Former NFL running back dies in accidental shooting at Michigan dealership http://www.autonews.com/article/20160628/RETAIL07/160629841/former-nfl-running-back-dies-in-accidental-shooting-at-michigan Tue, 28 Jun 2016 17:58:06 EST A former NFL running back died after accidentally shooting himself at a dealership service department in suburban Detroit on Tuesday. Auto sector to gain from Brexit, business minister says http://europe.autonews.com/article/20160628/ANE/160629854/auto-sector-to-gain-from-brexit-business-minister-says Tue, 28 Jun 2016 11:43:14 EST There will be midterm and long-term opportunities from the UK's vote to leave the EU for the auto industry, business minister Sajid Javid said, adding that Britain should start "embracing" the opportunities provided by Brexit. Tesla investor group wants more independent board, cites Musk ties http://www.autonews.com/article/20160628/OEM05/160629839/tesla-investor-group-wants-more-independent-board-cites-musk-ties Tue, 28 Jun 2016 22:12:11 EST An investor group called on Tesla to add two independent directors to its board and separate the roles of chairman and chief executive as it highlighted founder and CEO Elon Musk's dominance of the board in the wake of Tesla's proposed bid for... VW owners to get buyback price plus at least $5,100 in U.S. deal http://www.autonews.com/article/20160628/OEM11/160629857/vw-owners-to-get-buyback-price-plus-at-least-5100-in-u-s-deal Tue, 28 Jun 2016 10:25:03 EST VW's decision to violate U.S. emissions rules on 2.0-liter diesel vehicles, a cornerstone of its vehicle lineup, will cost the company more than $15 billion under far-reaching settlements with car owners, the federal government and dozens of states. Lincoln to provide free pickup, delivery for service vehicles http://www.autonews.com/article/20160628/RETAIL05/160629866/lincoln-to-provide-free-pickup-delivery-for-service-vehicles Tue, 28 Jun 2016 00:01:00 EST Lincoln, in a bid to stand out among larger luxury brands, will provide free pickup and delivery of service vehicles to new owners starting with 2017 models. FEV North America to build $27.4 million tech center in suburban Detroit http://www.autonews.com/article/20160628/OEM10/160629844/fev-north-america-to-build-27-4-million-tech-center-in-suburban Tue, 28 Jun 2016 15:53:49 EST FEV North America plans to construct a $27.4 million North American headquarters and tech center north of Detroit in Auburn Hills. Fiat Chrysler rollaway recall linked to 68 injuries, 266 crashes http://www.autonews.com/article/20160628/OEM11/160629856/fiat-chrysler-rollaway-recall-linked-to-68-injuries-266-crashes Tue, 28 Jun 2016 10:49:21 EST U.S. Ally shareholder Feinberg resigns from board after showdown with advisory firm http://www.autonews.com/article/20160628/OEM02/160629848/ally-shareholder-feinberg-resigns-from-board-after-showdown-with Tue, 28 Jun 2016 13:53:32 EST Stephen Feinberg, Ally Financial's third-largest shareholder, stepped down from the auto lender's board after an investor-advisory firm faulted his ability to use the stock as collateral for debt. VW settlement promotes technologies sold by competitors http://www.autonews.com/article/20160628/OEM05/160629845/vw-settlement-promotes-technologies-sold-by-competitors Tue, 28 Jun 2016 15:26:49 EST Volkswagen's $15 billion settlement with the U.S. and California over cheating on diesel emissions includes billions of dollars to support technologies sold by rivals such as General Motors and Toyota. AutoNews Now: $15B VW settlement aids owners, air, green tech http://www.autonews.com/article/20160628/VIDEO/306289999/autonews-now-15b-vw-settlement-aids-owners-air-green-tech Tue, 28 Jun 2016 00:01:00 EST $15B VW deal aids owners, air, green tech; NHTSA weighs in on actor's death; Camry most American vehicle; Jeep most American brand; Leno OK after rollover. Canadian auto industry's future at stake in labor talks, Unifor chief says http://www.autonews.com/article/20160628/OEM01/160629846/canadian-auto-industrys-future-at-stake-in-labor-talks-unifor-chief Tue, 28 Jun 2016 15:06:06 EST Ask Unifor President Jerry Dias what's at stake in upcoming labor negotiations with the Detroit 3 automakers, and he'll say it's nothing less than the future of the Canadian auto industry. Goodbye, 12-volts http://www.autonews.com/article/20160628/BLOG06/306289996/goodbye-12-volts Tue, 28 Jun 2016 11:45:00 EST With fuel economy regulations tightening and connectivity and autonomous-driving capability proliferating, the old-fashioned 12-volt automobile electrical system has reached the end of the road. U.S. underestimates cost of fuel and CO2 goals, automakers say http://www.autonews.com/article/20160628/OEM11/160629851/u-s-underestimates-cost-of-fuel-and-co2-goals-automakers-say Tue, 28 Jun 2016 13:15:28 EST U.S. regulators have underestimated the cost and difficulty of achieving their vehicle fuel-economy and greenhouse-gas targets for 2025 and are giving California too much power to shape the country's policies on those issues, an automaker group said. Smart to land in U.S. http://www.autonews.com/article/20160628/CCHISTORY/306289994/smart-to-land-in-u-s Tue, 28 Jun 2016 11:45:00 EST DaimlerChrysler AG announces on June 28, 2006, that U.S. sales of the microcar brand Smart will begin in 2008. The brand name Smart derives from its early cooperative studies with Swatch and Mercedes: Swatch Mercedes Art. Toyota Camry returns to No. 1 on 'most American' list http://www.autonews.com/article/20160628/OEM01/160629860/toyota-camry-returns-to-no-1-on-most-american-list Tue, 28 Jun 2016 08:15:00 EST The Toyota Camry took the top spot for the 10th annual Cars.com American-Made Index. The Camry has topped the Cars.com index six times. Automakers rank high on annual ad-spending list http://www.autonews.com/article/20160628/RETAIL03/160629852/automakers-rank-high-on-annual-ad-spending-list Tue, 28 Jun 2016 12:09:23 EST The Detroit 3 held their top-10 rankings unchanged on Advertising Age's list of the 200 Leading National Advertisers for 2015. Most other automakers slipped, as companies such as Amazon, Expedia and Merck climbed. UAW members unanimously ratify contract with supplier Sakthi http://www.autonews.com/article/20160628/OEM01/160629853/uaw-members-unanimously-ratify-contract-with-supplier-sakthi Tue, 28 Jun 2016 11:54:57 EST UAW workers at aluminum castings supplier Sakthi Automotive Group unanimously agreed to their first collectively bargained contract. 2018 Mercedes-AMG GT R is a 577-hp German missile http://www.autonews.com/article/20160628/BLOG06/306299997/2018-mercedes-amg-gt-r-is-a-577-hp-german-missile Tue, 28 Jun 2016 11:45:00 EST The latest weapon in the Mercedes-Benz arsenal takes what it's learned from the road-going GT and GT S coupes and race-ready GT3 and brings it all together. Q&A on Volkswagen scandal settlement http://www.autonews.com/article/20160628/OEM11/160629855/qa-on-volkswagen-scandal-settlement Tue, 28 Jun 2016 11:29:45 EST Volkswagen has agreed to offer nearly 500,000 owners of diesel vehicles it sold in the U.S. Nissan struggles to make sense of Sunderland shocker http://europe.autonews.com/article/20160628/BLOG15/160629861/nissan-struggles-to-make-sense-of-sunderland-shocker Tue, 28 Jun 2016 05:42:08 EST Nissan's team in the UK is 'shell-shocked' by the decision of the country's voters to leave the EU, a person close to the company told me. How Vehicle Connectivity will Drive New Mobility http://www.autonews.com/article/20160628/WEBINAR/306289939/how-vehicle-connectivity-will-drive-new-mobility Tue, 28 Jun 2016 00:01:00 EST Learn use cases and challenges for the connected vehicle and their place in new mobility. FREE 2016 Ram 1500 Rebel: Docile and mud-friendly with an attitude http://www.autonews.com/article/20160628/CRITICS_CORNER/160629858/2016-ram-1500-rebel-docile-and-mud-friendly-with-an-attitude Tue, 28 Jun 2016 10:01:30 EST While the high-riding Ram Rebel is designed to be driven off-road, it isn't a full out, purpose-built rally ready truck like the Ford Raptor. Rebel's appeal also has to do with its brawny, beefy looks. Uber, Lyft settle litigation involving top executives http://www.autonews.com/article/20160628/OEM02/160629859/uber-lyft-settle-litigation-involving-top-executives Tue, 28 Jun 2016 08:50:19 EST Rival ride services Uber and Lyft have settled high stakes litigation involving two of their top executives, court filings show, in advance of a trial that could have aired sensitive details about both companies. First Shift: Lincoln service perk offers free pickup, delivery http://www.autonews.com/article/20160628/VIDEO/306289998/first-shift-lincoln-service-perk-offers-free-pickup-delivery Tue, 28 Jun 2016 00:01:00 EST Lincoln service perk offers free pickup, delivery; Takata CEO to quit; VW to pay $15B in U.S.; Store stints for Benz brass; Mitsubishi hits the 'Ground' running. Ford touts F-150's superiority in new campaign http://www.autonews.com/article/20160628/VIRALVIDEO/306289997/ford-touts-f-150s-superiority-in-new-campaign Tue, 28 Jun 2016 00:01:00 EST In a new campaign, Ford is touting 10 reasons that the F-150 is superior to its competitors. Citroen seeks boost from new wave of quirky cars http://europe.autonews.com/article/20160628/ANE/160629863/citroen-seeks-boost-from-new-wave-of-quirky-cars Tue, 28 Jun 2016 03:24:27 EST Citroen went from oozing elegance and quirky charm to producing vehicles that lacked the panache of their ancestors. The arrival of the C4 Cactus rekindled Citroen's spark. Takata boss says he'll step down once 'new regime' is in place http://europe.autonews.com/article/20160628/ANE/160629862/takata-boss-says-hell-step-down-once-new-regime-is-in-place Tue, 28 Jun 2016 05:12:07 EST Takata CEO Shigehisa Takada said he will resign after a "new management regime" is found, finally heeding calls for change so that the auto parts supplier can move ahead in dealing with a multibillion dollar airbag recall. Mitsubishi hints at high-end SUV with Ground Tourer concept http://www.autonews.com/article/20160627/OEM04/160629865/mitsubishi-hints-at-high-end-suv-with-ground-tourer-concept Mon, 27 Jun 2016 21:14:28 EST Mitsubishi, fighting an emissions scandal at home and a sparse lineup overseas, is dangling a new 'high-end SUV coupé" concept to showcase a new direction in design and product. VW's U.S. settlement to grow to $15 billion in emissions scandal, report says http://www.autonews.com/article/20160627/OEM11/160629867/vws-u-s-settlement-to-grow-to-15-billion-in-emissions-scandal-report Mon, 27 Jun 2016 16:49:05 EST Volkswagen AG's settlement with nearly 500,000 U.S. diesel owners and government regulators over polluting vehicles is valued at more than $15 billion cash, two sources briefed on the matter told Reuters on Monday. Limited editions mark Viper's final year http://www.autonews.com/article/20160627/OEM04/306279968/limited-editions-mark-vipers-final-year Mon, 27 Jun 2016 00:01:00 EST The Dodge Viper will head into the paddock permanently in 2017 but not before the brand offers five limited editions of the hand-built sports coupe. Aston Martin puts next Vantage through the paces http://www.autonews.com/article/20160627/OEM04/160629882/aston-martin-puts-next-vantage-through-the-paces Mon, 27 Jun 2016 21:00:00 EST New spy shots of the second-generation Aston Martin Vantage coupe have surfaced, showing it testing at Germany's famed Nurburgring track. UK will not get 'special treatment,' Merkel ally says http://europe.autonews.com/article/20160627/ANE/160629889/uk-will-not-get-special-treatment-merkel-ally-says Mon, 27 Jun 2016 07:56:22 EST The UK should not receive special treatment in negotiations over its EU exit, said the leader of the German Chancellor's CDU party. Lyft hires investment banker Qatalyst to explore options, report says http://www.autonews.com/article/20160627/OEM06/160629864/lyft-hires-investment-banker-qatalyst-to-explore-options-report-says Mon, 27 Jun 2016 22:15:44 EST Lyft, the U.S. ride-hailing startup with ties to General Motors, is working with Qatalyst Partners to explore deal options, a person familiar with the matter told Bloomberg. What do Mustang and Camaro have in common? http://www.autonews.com/article/20160627/OEM/306279963/what-do-mustang-and-camaro-have-in-common Mon, 27 Jun 2016 00:01:00 EST Despite partisan loyalties on each side, starting next year the Chevrolet Camaro will share a transmission with the Ford Mustang. Jeep pickup is due in 2018, Compass replacement this year http://www.autonews.com/article/20160627/RETAIL/306279958/jeep-pickup-is-due-in-2018-compass-replacement-this-year Mon, 27 Jun 2016 00:01:00 EST A Wrangler-based pickup will appear in early 2018, while the replacement for the Jeep Compass and Patriot due late this year will keep one of those names, Jeep head Mike Manley said. Dsv IIHS signals impatience on passenger protection http://www.autonews.com/article/20160627/OEM11/306279973/iihs-signals-impatience-on-passenger-protection Mon, 27 Jun 2016 00:01:00 EST The Insurance Institute for Highway Safety is using its powerful megaphone to send a message to automakers: Don't slack off on passenger-side safety. Glimpses of the redesigned Volvo XC60 http://www.autonews.com/article/20160627/OEM04/306279961/glimpses-of-the-redesigned-volvo-xc60 Mon, 27 Jun 2016 00:01:00 EST Spy photos of next year's redesigned Volvo XC60 show the midsize crossover with heavy cladding, making it difficult to tell whether the vehicle will look radically different from today's version. Ford's Indonesian dealers demand compensation after abrupt withdrawal http://www.autonews.com/article/20160627/RETAIL07/160629868/fords-indonesian-dealers-demand-compensation-after-abrupt-withdrawal Mon, 27 Jun 2016 16:13:09 EST Ford's dealers in Indonesia are demanding around $75 million in compensation after the U.S. carmaker announced in January it would close all operations in Southeast Asia's biggest economy. ZEV mandates get harder to ignore http://www.autonews.com/article/20160627/OEM11/306279987/zev-mandates-get-harder-to-ignore Mon, 27 Jun 2016 00:01:00 EST California's air-quality regulations are slated to tighten in 2018 in a way that limits the impact of partial credits from sales of plug-in hybrids and low-emissions conventional vehicles, requiring more actual ZEV sales.