Automotive News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Thu, 29 Jan 2015 06:00:00 EST GM denies request by U.S. senators to extend ignition-switch claims deadline http://www.autonews.com/article/20150128/OEM11/150129797/gm-denies-request-by-u-s-senators-to-extend-ignition-switch-claims Wed, 28 Jan 2015 16:05:32 EST General Motors today denied a request from two US senators to extend the Saturday deadline for victims of the company's defective ignition switch to apply for compensation. Bentley names industry veteran Winkler to head Americas unit http://www.autonews.com/article/20150128/OEM02/150129798/bentley-names-industry-veteran-winkler-to-head-americas-unit Wed, 28 Jan 2015 16:01:45 EST Bentley said it appointed Michael Winkler as president and CEO of Bentley Motors in the Americas, replacing Christophe Georges, who will become director of product and marketing for Bentley's global organization. Gentex Q4 sales gains lag forecasts; stock drops http://www.autonews.com/article/20150128/OEM10/150129801/gentex-q4-sales-gains-lag-forecasts-stock-drops Wed, 28 Jan 2015 11:53:40 EST Gentex, a mirror, camera and electronic component supplier, said its fourth quarter net income rose a disappointing 2 percent while overall revenue jumped 7 percent from a year earlier. Gentex shares fell 6 percent. Over-the-air auto software updates opens market to acquisitions http://www.autonews.com/article/20150128/OEM06/150129799/over-the-air-auto-software-updates-opens-market-to-acquisitions Wed, 28 Jan 2015 14:47:40 EST Over-the-air software updates -- a no-fuss, no-muss infotainment feature popularized by Tesla Motors -- is rapidly spreading to the entire auto industry, fueling high-price acquisitions in the segment. AutoNews Now: Sizzling U.S. sales forecast http://www.autonews.com/article/20150128/VIDEO/301289996/autonews-now-sizzling-u-s-sales-forecast Wed, 28 Jan 2015 00:01:00 EST D3 projected to post double-digit gains in Jan.; GM, Ally vie for FandI; Kia's 'Unexpected' ad; N.A. fuels FCA; Ford, Nissan recalls. Nissan teases Super Bowl ad; full reveal will wait until big game http://www.autonews.com/article/20150128/RETAIL03/150129802/nissan-teases-super-bowl-ad-full-reveal-will-wait-until-big-game Wed, 28 Jan 2015 11:23:36 EST Nissan is using a dreary Harry Chapin song as the backdrop for its Super Bowl ad, but the overall message won't be seen until the game on Sunday. The automaker unveiled a 10-second teaser today featuring Chapin's song 'Cat's in the Cradle. Auto bosses say billions in savings at stake if EU-U.S. trade deal fails http://europe.autonews.com/article/20150128/ANE/150129800/auto-bosses-say-billions-in-savings-at-stake-if-eu-u-s-trade-deal Wed, 28 Jan 2015 13:41:36 EST The CEOs of Germany's top auto companies said Wednesday that they could save roughly 5 billion euros in annual costs if the European and U.S. governments can agree on a landmark free trade deal. Don't get mad, get a lawyer, panelists say http://www.autonews.com/article/20150128/FINANCE_AND_INSURANCE/301289991/dont-get-mad-get-a-lawyer-panelists-say Wed, 28 Jan 2015 11:00:00 EST Dealers who get warning letters from lenders accusing them of loan discrimination should resist the temptation to stick the letters in a drawer or, worse, fire off angry replies on their own, said panelists last week at a legal compliance workshop... Marchionne has FCA on fast track to profit in Europe http://europe.autonews.com/article/20150128/ANE/150129804/marchionne-has-fca-on-fast-track-to-profit-in-europe Wed, 28 Jan 2015 10:28:33 EST Fiat Chrysler Automobiles will be profitable in Europe a year earlier than expected, CEO Sergio Marchionne said today. Ally Premier Protection enables 'one product, one system and one brand' http://www.autonews.com/article/20150128/FINANCE_AND_INSURANCE/301289992/ally-premier-protection-enables-one-product-one-system-and-one-brand Wed, 28 Jan 2015 11:00:00 EST Ally Financial is phasing in Ally Premier Protection brand for service contracts and other FandI products, plus an updated technology platform to help market and administer them. Lending by credit unions, others grew in 2014 http://www.autonews.com/article/20150128/FINANCE_AND_INSURANCE/301289993/lending-by-credit-unions-others-grew-in-2014 Wed, 28 Jan 2015 11:00:00 EST Credit unions and other lenders are beginning to release data that confirm what the industry knows: Last year, when U.S. new light-vehicle sales rose 6 percent, was a very good year for vehicle lending. Auto lenders cite discipline with U.S. sales booming http://www.autonews.com/article/20150128/BLOG13/301299999/auto-lenders-cite-discipline-with-u-s-sales-booming Wed, 28 Jan 2015 11:00:00 EST 'Discipline' was the watchword for auto lenders in panel discussions and interviews in and around the National Automobile Dealers Association convention. Leasing keeps growing; lenders debate possible peak http://www.autonews.com/article/20150128/FINANCE_AND_INSURANCE/150129816/leasing-keeps-growing-lenders-debate-possible-peak Wed, 28 Jan 2015 11:00:00 EST Leasing, aided by low interest rates and factory incentives, is expected to keep increasing in 2015, but experts are divided on how high lease penetration will go. Fiat Chrysler's $4.1 billion operating profit in 2014 fueled by N.A. http://www.autonews.com/article/20150128/OEM01/150129809/fiat-chryslers-4-1-billion-operating-profit-in-2014-fueled-by-n-a Wed, 28 Jan 2015 08:51:14 EST Fiat Chrysler Automobiles met its full-year guidance as strong results from North America and improving operations in Europe managed to offset persistent weakness in Latin America. Renault expects to make 3,000 Alpine cars a year http://europe.autonews.com/article/20150128/ANE/150129812/renault-expects-to-make-3000-alpine-cars-a-year Wed, 28 Jan 2015 06:36:35 EST A Renault executive today revealed the output expectations for the automaker's Alpine-badged sports car. Japanese supplier Sanden agrees to $3.2 million fine in U.S. price-fixing case http://www.autonews.com/article/20150128/OEM10/150129813/japanese-supplier-sanden-agrees-to-3-2-million-fine-in-u-s-price Wed, 28 Jan 2015 06:33:22 EST Japanese supplier Sanden has agreed to pay a US fine of more than $3 million and becomes the latest company tied to a wide-ranging auto supplier price-fixing prosecution for its brief role in setting the prices of air conditioning compressors for... Ford recalls 221,000 vehicles for door handle, seat belt problems http://www.autonews.com/article/20150128/OEM11/150129807/ford-recalls-221000-vehicles-for-door-handle-seat-belt-problems Wed, 28 Jan 2015 09:57:55 EST Ford said it is recalling about 221,000 cars and vans for door handle and seat belt problems. Ford said it is not aware of any crashes or injuries related to the two recalls. Keep videos short -- no feature presentations http://www.autonews.com/article/20150128/FINANCE_AND_INSURANCE/150129806/keep-videos-short-no-feature-presentations Wed, 28 Jan 2015 10:03:18 EST Dealerships that use videos to pitch FandI products or explain product features on an iPad need to keep them short, no more than a couple minutes. 'People start out with these 12-minute videos. Nissan recalls 768,000 crossovers and SUVs for separate problems http://www.autonews.com/article/20150128/OEM11/150129808/nissan-recalls-768000-crossovers-and-suvs-for-separate-problems Wed, 28 Jan 2015 09:40:43 EST Nissan is recalling about 768,000 vehicles, including its popular Rogue crossover and Pathfinder SUV, for separate problems, the company and federal regulators said today. First Shift: German auto CEOs rally http://www.autonews.com/article/20150128/VIDEO/301289995/first-shift-german-auto-ceos-rally Wed, 28 Jan 2015 00:01:00 EST Heads of VW, Daimler, other carmakers lobby for free-trade deal; Toyota test-drive flak; dealer's billboard prompts 911 calls. Oil-price drop may threaten to undercut Obama's clean-energy legacy http://www.autonews.com/article/20150128/OEM01/150129810/oil-price-drop-may-threaten-to-undercut-obamas-clean-energy-legacy Wed, 28 Jan 2015 07:27:32 EST Last year's 33 percent drop in gasoline prices already has automakers laying the groundwork to challenge more stringent fuel economy targets for new cars. Cost-cutting VW baffles experts with Phaeton plans http://europe.autonews.com/article/20150128/ANE/150129815/cost-cutting-vw-baffles-experts-with-phaeton-plans Wed, 28 Jan 2015 04:05:20 EST With VW having embarked on a big cost-cutting drive, industry experts are baffled why the "people's car" maker plans to spend millions of euros upgrading the money-losing Phaeton premium sedan. Analysts say the costly car should be axed. Auto industry drives comeback in aluminum prices http://www.autonews.com/article/20150128/OEM10/150129811/auto-industry-drives-comeback-in-aluminum-prices Wed, 28 Jan 2015 06:44:22 EST At a time when other commodities are slumping, aluminum is making a comeback as automakers under pressure to build more fuel-efficient cars increase their use of the lightweight metal. Automakers' push for fuel-efficiency boosts aluminum http://europe.autonews.com/article/20150128/ANE/150129814/automakers-push-for-fuel-efficiency-boosts-aluminum Wed, 28 Jan 2015 05:02:03 EST Automakers, under pressure to build more fuel-efficient cars, are driving demand for aluminum, even at a time when other commodities are slumping. Zetsche done taking beating for Daimler double duty http://europe.autonews.com/article/20150128/BLOG15/150129824/zetsche-done-taking-beating-for-daimler-double-duty Wed, 28 Jan 2015 00:01:00 EST Dieter Zetsche has been the whipping boy of the German premium auto industry for years, but that should soon change. CU Direct Connect Breaks $1 Billion in Indirect Funding in 2014 http://www.autonews.com/article/20150128/ADREP01/150129819/cu-direct-connect-breaks-1-billion-in-indirect-funding-in-2014 Wed, 28 Jan 2015 00:01:00 EST CENTENNIAL, Colo. -- (BUSINESS WIRE) -- CU Direct Connect (CUDC) announced today their 2014 year-end results. It was a strong year for the business as auto loan application volume was up +25. Can Dodge rebuild Pontiac excitement? http://www.autonews.com/article/20150127/BLOG06/301289994/can-dodge-rebuild-pontiac-excitement Tue, 27 Jan 2015 11:00:00 EST General Motors has no plans to revive Pontiac, Hummer and Saturn, CEO Mary Barra says. So where do longtime Pontiac and Hummer buyers go if they are in the market? Zetsche, other top auto chiefs to lobby for EU-U.S. trade deal http://europe.autonews.com/article/20150127/ANE/150129818/zetsche-other-top-auto-chiefs-to-lobby-for-eu-u-s-trade-deal Tue, 27 Jan 2015 15:06:31 EST Daimler CEO Dieter Zetsche, Volkswagen boss Martin Winterkorn and other captains of Germany's automotive industry have gathered in Berlin today to try to rally support for a transatlantic free trade deal that faces potential collapse. First Shift: Toyota plans pay overhaul http://www.autonews.com/article/20150127/VIDEO/301279976/first-shift-toyota-plans-pay-overhaul Tue, 27 Jan 2015 00:01:00 EST Performance over seniority in Japan plants; Soros preps $1B for dealerships; Benz's hare-y bowl ad; showrooms for moms. Auto sales forecast calls for a hot January http://www.autonews.com/article/20150127/RETAIL01/150129817/auto-sales-forecast-calls-for-a-hot-january Tue, 27 Jan 2015 16:00:00 EST Forecasters say U.S. auto sales have begun 2015 much stronger than 2014, when a deep freeze kept shoppers away from many dealerships in much of the country. Toyota takes early Super Bowl lead http://www.autonews.com/article/20150127/VIRALVIDEO/301279999/toyota-takes-early-super-bowl-lead Tue, 27 Jan 2015 00:01:00 EST Toyota delivers an emotional punch to the gut with its spot for the 2015 Super Bowl. Mercedes plans to move R-class production to AM General in Indiana http://www.autonews.com/article/20150127/OEM01/150129822/mercedes-plans-to-move-r-class-production-to-am-general-in-indiana Tue, 27 Jan 2015 10:18:49 EST Mercedes-Benz plans to shift production of the R-class crossover from its Alabama plant to contract manufacturer AM General in Indiana this summer. The German automaker said it needed to free up space in its assembly operations near Tuscaloosa, Ala. AutoNews Now: 'Taxes, stairsteps and death' http://www.autonews.com/article/20150127/VIDEO/301279977/autonews-now-taxes-stairsteps-and-death Tue, 27 Jan 2015 00:01:00 EST AutoNation, Toyota, Nissan execs weigh in on dealer incentives; AM General to build Benz R Class; self-driving 'mini city.' Kia returns to Super Bowl for 6th consecutive year http://www.autonews.com/article/20150127/RETAIL03/150129828/kia-returns-to-super-bowl-for-6th-consecutive-year Tue, 27 Jan 2015 06:26:34 EST Kia's 2015 Super Bowl commercial will star Pierce Brosnan parodying his role as James Bond. TI Automotive to be acquired by Bain for $2.4 billion, report says http://www.autonews.com/article/20150127/OEM10/150129826/ti-automotive-to-be-acquired-by-bain-for-2-4-billion-report-says Tue, 27 Jan 2015 08:36:07 EST Global fuel systems supplier TI Automotive, after months of wrangling and speculation, said today it has agreed to be acquired by private equity firm Bain Capital LLC. The deal is valued at $2.4 billion, sources told Bloomberg. Chevy SS: Big sparks inside the engine, colors ignite inside the cabin http://www.autonews.com/article/20150127/CRITICS_CORNER/150129823/chevy-ss-big-sparks-inside-the-engine-colors-ignite-inside-the-cabin Tue, 27 Jan 2015 10:00:08 EST The highest performing Chevrolet that isn't a Camaro or Corvette is the little-known, low-volume SS, a rear-wheel-drive sedan imported from Australia. This is a new version of the platform that underpinned the Pontiac G8. Aston Martin gets cash backing to overhaul lineup http://europe.autonews.com/article/20150127/ANE/150129827/aston-martin-gets-cash-backing-to-overhaul-lineup Tue, 27 Jan 2015 07:06:39 EST Aston Martin's main financial backer has pledged to provide cash for a refreshed model lineup that the supercar maker plans to reveal at the Geneva auto show in March. Germany plans driverless-car pilot project on autobahn http://europe.autonews.com/article/20150127/ANE/150129829/germany-plans-driverless-car-pilot-project-on-autobahn Tue, 27 Jan 2015 04:36:58 EST Germany plans a driverless-car pilot project on a portion of the A9 autobahn between Munich and Berlin. The project would be one of the first to equip a stretch of public highway specifically for testing autonomous vehicles. Renault poised for big boost from new SUV http://europe.autonews.com/article/20150127/ANE/150129839/renault-poised-for-big-boost-from-new-suv Tue, 27 Jan 2015 00:01:00 EST Renault's new Kadjar will become a top-seller in Europe's key compact SUV segment, according to a forecast. The French automaker needs a boost after its Koleos flopped in a fast-growing niche dominated by alliance partner Nissan's Qashqai. 2015 Rising Star nominations sought http://europe.autonews.com/article/20150127/ANE/301279998/2015-rising-star-nominations-sought Tue, 27 Jan 2015 00:01:00 EST Automotive News Europe needs your help to identify the Rising Stars in the European automotive industry. The award honors executives with a pan-European profile who have driven change, fostered innovation and made courageous decisions. TrueCar: App can 'hypertarget' consumers http://www.autonews.com/article/20150126/OEM06/301269971/truecar-app-can-hypertarget-consumers Mon, 26 Jan 2015 00:01:00 EST Online car-buying service TrueCar said the mobile app it will release this year will enable dealers and automakers to collect an unprecedented amount of information on customers. Nissan steps back from cutting-edge offerings http://www.autonews.com/article/20150126/OEM03/301269982/nissan-steps-back-from-cutting-edge-offerings Mon, 26 Jan 2015 00:01:00 EST Nissan and its luxury Infiniti sibling have mellowed in their message of cutting-edge future products as 2015 begins. Missing from talking points this month at the Detroit auto show was any discussion of recent racy concepts. Hyundai's new infotainment strategy: Leveraging smartphone apps http://www.autonews.com/article/20150126/OEM06/301269981/hyundais-new-infotainment-strategy-leveraging-smartphone-apps Mon, 26 Jan 2015 00:01:00 EST Over the next few years, Hyundai plans to remove CD players from mainstream cars such as the Elantra and Sonata as it rolls out an infotainment system called Display Audio that's built around Apple's CarPlay and Google's Android Auto interfaces. Connected-car ecosystem will take a big test http://www.autonews.com/article/20150126/OEM06/301269979/connected-car-ecosystem-will-take-a-big-test Mon, 26 Jan 2015 00:01:00 EST Automakers and suppliers are working on cars that not only maneuver independently but also communicate with one another and with the surrounding infrastructure, creating a buzzing community among themselves. Jaguar expects record rewards from huge investments in products and plants http://www.autonews.com/article/20150126/OEM03/301269977/jaguar-expects-record-rewards-from-huge-investments-in-products-and Mon, 26 Jan 2015 00:01:00 EST Jaguar appears poised to have a record 2015 and to keep increasing global sales to well more than 200,000 this decade as a massive investment in products, plants and underpinnings starts to pay dividends, executives and analysts say. Renegade comes through, on-road and off http://www.autonews.com/article/20150126/OEM03/301269958/renegade-comes-through-on-road-and-off Mon, 26 Jan 2015 00:01:00 EST When Jeep introduced the Compass -- and later, its platform mate, the Patriot -- with front-wheel drive and continuously variable transmissions, it was derided by the faithful as an affront to the brand's off-road heritage. First Shift: Import dealers' D.C. agenda http://www.autonews.com/article/20150126/VIDEO/301269943/first-shift-import-dealers-d-c-agenda Mon, 26 Jan 2015 07:45:00 EST CFPB, trade issues on new leader's priority list; the Gen-Y workplace; Toyota sales projection; big hopes for Buick, GMC. Toyota to move to merit-based pay for Japan factory workers, report says http://www.autonews.com/article/20150126/OEM01/150129830/toyota-to-move-to-merit-based-pay-for-japan-factory-workers-report Mon, 26 Jan 2015 20:40:20 EST Toyota will change the way it pays factory workers, focusing on their performance rather than their seniority, the Nikkei reported on Monday. Soros is ready to move on auto dealerships http://www.autonews.com/article/20150126/RETAIL07/150129834/soros-is-ready-to-move-on-auto-dealerships Mon, 26 Jan 2015 15:40:53 EST Wall Street powerhouse Soros Fund Management is ready to move on a deal to acquire auto dealerships, a representative of the fund said at a private dinner Saturday in San Francisco, according to two sources who attended the event. Average wholesale used-vehicle prices, December http://www.autonews.com/article/20150126/DATACENTER/150129831/average-wholesale-used-vehicle-prices-december Mon, 26 Jan 2015 17:02:50 EST %]