Automotive News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Tue, 28 Mar 2017 06:00:00 EST GM urged by investor to create two share classes http://www.autonews.com/article/20170328/OEM01/170329848/gm-urged-by-investor-to-create-two-share-classes Tue, 28 Mar 2017 10:54:12 EST A Wall Street hedge fund proposed a plan that would split GM's common stock into two classes to help the automaker improve its financial flexibility and boost the stock's value. GM rejected the idea. Ford plans to invest an additional $350 million in Michigan plants http://www.autonews.com/article/20170328/OEM01/170329849/ford-plans-to-invest-an-additional-350-million-in-michigan-plants Tue, 28 Mar 2017 11:00:00 EST Ford will add $350 million in new investments at two Michigan assembly plants of top of previously pledged spending. Opel sees Insignia turning heads of premium buyers http://europe.autonews.com/article/20170328/ANE/170329872/opel-sees-insignia-turning-heads-of-premium-buyers Tue, 28 Mar 2017 00:01:00 EST Opel/Vauxhall believes the improved quality and upgraded technology in the new Insignia will help it lure customers from premium equivalents such as the BMW 3 series. 2018 Chevrolet Equinox: A fine makeover with a few blemishes http://www.autonews.com/article/20170328/CRITICS_CORNER/170329850/2018-chevrolet-equinox-a-fine-makeover-with-a-few-blemishes Tue, 28 Mar 2017 10:22:58 EST The 2018 Chevrolet Equinox, the first redesign for the nameplate in eight years, began reaching dealerships this month as the compact crossover segment stays hot. Uber to withdraw from Denmark, citing regulatory changes http://www.autonews.com/article/20170328/MOBILITY/170329846/uber-to-withdraw-from-denmark-citing-regulatory-changes Tue, 28 Mar 2017 10:59:43 EST Uber is closing its ride-hailing service in Denmark ahead of regulation changes it said would make its app unworkable for consumers. Italian police foil plot to steal Enzo Ferrari's body http://www.autonews.com/article/20170328/OEM02/170329851/italian-police-foil-plot-to-steal-enzo-ferraris-body Tue, 28 Mar 2017 10:15:09 EST Italian investigators said on Tuesday they had foiled a plot to steal the body of legendary Formula One racing pioneer Enzo Ferrari and demand a ransom. Chinese tech giant Tencent takes 5% stake in Tesla http://www.autonews.com/article/20170328/OEM05/170329856/chinese-tech-giant-tencent-takes-5-stake-in-tesla Tue, 28 Mar 2017 08:15:41 EST Chinese tech giant Tencent Holdings has acquired a 5 percent stake in Tesla for $1.78 billion. Supreme Court case could change the game for automotive patent lawsuits http://www.autonews.com/article/20170328/MOBILITY/170329852/supreme-court-case-could-change-the-game-for-automotive-patent Tue, 28 Mar 2017 09:23:05 EST The result of a Supreme Court case heard on Monday between two food companies may benefit the automotive industry and its technology suppliers. Dealer Marketing Technology http://www.autonews.com/article/20170328/WEBINAR/303289936/the-new-technology-that-s-changing-the-way-dealers-market-online Tue, 28 Mar 2017 00:01:00 EST Learn why targeted online marketing is necessary for the digital age. FREE First Shift: Trump teases Ford plant announcement http://www.autonews.com/article/20170328/VIDEO/303289974/first-shift-trump-teases-ford-plant-announcement Tue, 28 Mar 2017 08:30:00 EST Trump teases Ford plant announcement; Tesla CEO's brainy new venture; Uber seeks arbitration with Waymo, resumes self-driving pilot; Volvo stays with Uber; Another AMG sales surge? Volvo battery lab catches fire; production unaffected http://europe.autonews.com/article/20170328/ANE/170329854/volvo-battery-lab-catches-fire-production-unaffected Tue, 28 Mar 2017 08:33:42 EST A fire broke out on Tuesday in a building housing an auto battery laboratory at Volvo Car Group's plant in Gothenburg, western Sweden, the company said. Hertz shares bear brunt of 'freak out' over used-car price drop http://www.autonews.com/article/20170328/RETAIL04/170329857/hertz-shares-bear-brunt-of-freak-out-over-used-car-price-drop Tue, 28 Mar 2017 07:43:35 EST As investor concern spreads about the plunging prices of used cars in the U.S., one company and its top investor are enduring the biggest beating: Hertz and Carl Icahn. Volvo says lab fire won't affect production http://www.autonews.com/article/20170328/OEM01/170329858/volvo-says-lab-fire-won-t-affect-production Tue, 28 Mar 2017 07:35:14 EST A fire broke out on Tuesday in a building housing an auto battery laboratory at Volvo's plant in Sweden. Hyundai's Czech workers get big pay increase http://europe.autonews.com/article/20170328/ANE/170329861/hyundais-czech-workers-get-big-pay-increase Tue, 28 Mar 2017 05:38:42 EST Workers at Hyundai's Czech plant will get on average a 12 percent pay raise this year, the latest big increase at a major manufacturer in Europe's tightest labor market. Audi speeds up SUV surge http://europe.autonews.com/article/20170328/ANE/170329862/audi-speeds-up-suv-surge Tue, 28 Mar 2017 03:55:10 EST SUV sales could account for half of Audi's total global volume in the future, the automaker's head of sales and marketing said. Uber wants fight with Waymo out of public view http://www.autonews.com/article/20170328/MOBILITY/170329860/uber-wants-fight-with-waymo-out-of-public-view Tue, 28 Mar 2017 06:48:52 EST Uber says Alphabet's own ground rules require accusations that the ride-hailing giant stole trade secrets for autonomous cars be resolved in private arbitration and not a public court. London black cab company will build electric vans in UK http://europe.autonews.com/article/20170328/ANE/170329863/london-black-cab-company-will-build-electric-vans-in-uk Tue, 28 Mar 2017 03:49:57 EST The London Taxi company will invest an additional 25 million pounds (29 million euros) in its new assembly plant near Coventry, England, to produce electric-powered vans alongside traditional black cabs. Lithium next German power play? http://europe.autonews.com/article/20170328/BLOG15/170329876/lithium-next-german-power-play Tue, 28 Mar 2017 00:01:00 EST BMW, Daimler and VW came together to acquire Nokia's HERE high-definition mapping unit in 2015 so will the German companies join forces to secure a sufficient supply of lithium? BMW, for one, seems willing. Subaru's Tribeca successor spied http://www.autonews.com/article/20170327/OEM03/303279975/subarus-tribeca-successor-spied Mon, 27 Mar 2017 00:01:00 EST New spy photos give the clearest look yet at Subaru's new three-row crossover, the replacement for the discontinued and unloved Tribeca. Customer reaction encouraged Chevy to redesign Equinox http://www.autonews.com/article/20170327/OEM03/303279965/early-veto-reshaped-chevys-new-equinox Mon, 27 Mar 2017 00:01:00 EST Stung by critical feedback in focus groups three years ago, GM decided to go in a different direction with the Chevy Equinox. Audi halts A4, A5 output at German plant http://europe.autonews.com/article/20170327/ANE/170329875/audi-halts-a4-a5-output-at-german-plant Mon, 27 Mar 2017 08:20:34 EST Audi will halt production of the A4 and A5 at its Ingolstadt factory this week until Thursday due to a parts shortage after a fire at a supplier. The break in production is expected to result in 5,600 fewer vehicles being built at the German plant. France digs in as Peugeot shareholder with stake shift http://europe.autonews.com/article/20170327/ANE/170329867/france-digs-in-as-peugeot-shareholder-with-stake-shift Mon, 27 Mar 2017 16:02:45 EST France's state holdings agency sold its stake in PSA to the Bpifrance sovereign wealth fund in a move signaling the government's intention to remain a shareholder in the automaker for years to come. Knorr-Bremse could make further acquisitions after Haldex http://europe.autonews.com/article/20170327/ANE/170329879/knorr-bremse-could-make-further-acquisitions-after-haldex Mon, 27 Mar 2017 06:00:31 EST German supplier Knorr-Bremse could make further acquisitions worth about 500 million euros ($543 million) each, after making a bid for Sweden's brake systems maker Haldex. Adient to work with Boeing on airplane seating http://www.autonews.com/article/20170327/OEM10/170329864/adient-to-work-with-boeing-on-airplane-seating Mon, 27 Mar 2017 17:07:20 EST Automotive seating supplier Adient said it will work with Boeing to explore how to improve commercial airplane seating and interiors. Classics of tomorrow for the right price today http://www.autonews.com/article/20170327/RETAIL04/303279962/classics-of-tomorrow-for-the-right-price-today Mon, 27 Mar 2017 00:01:00 EST Want to buy a reasonably priced car that stands a chance of becoming a classic? You start by acquiring something that is hot and sporty and not produced in the hundreds of thousands. Toyota adds a bit of spice to special edition 860 coupe http://www.autonews.com/article/20170327/OEM03/303279967/toyota-adds-a-bit-of-spice-to-special-edition-860-coupe Mon, 27 Mar 2017 00:01:00 EST Toyota is throwing a little extra habanero into the 86 coupe it inherited from Scion (the former FR-S) with the 860 special edition, named for the limited run of 860 in Supernova Orange and the same number in Halo White. Musk aims to upload, download thoughts with new venture http://www.autonews.com/article/20170327/OEM02/170329866/musk-aims-to-upload-download-thoughts-with-new-venture Mon, 27 Mar 2017 16:20:01 EST Tesla founder Elon Musk has launched a company called Neuralink through which computers could merge with human brains, The Wall Street Journal reported, citing people familiar with the matter. AutoNews Now: Chevy Equinox's design do-over http://www.autonews.com/article/20170327/VIDEO/303279927/autonews-now-chevy-equinoxs-design-do-over Mon, 27 Mar 2017 00:01:00 EST Chevy started over on Equinox to win over underwhelmed public; Supplier fire idles Audi plant; Nissan GT-R Track Edition peek; Time for speedy Honda?; Autonomous Ubers back in S.F. First Shift: Musk teases Model 3 in tweetstorm http://www.autonews.com/article/20170327/VIDEO/303279926/first-shift-musk-teases-model-3-in-tweetstorm Mon, 27 Mar 2017 08:15:00 EST Musk teases Model 3, but downplays expectations; Uber suspends autonomous-car tests after crash; Calif. defies automakers, approves emissions rules; Lexus chases envy factor. Uber resumes self-driving car program in San Francisco after crash http://www.autonews.com/article/20170327/MOBILITY/170329871/uber-resumes-self-driving-car-program-in-san-francisco-after-crash Mon, 27 Mar 2017 11:55:02 EST Driverless vehicles operated by Uber Technologies were back on the road in San Francisco on Monday after one of its self-driving cars crashed in Arizona, the ride-hailing company said. Volvo sticks with Uber partnership http://www.autonews.com/article/20170327/MOBILITY/170329869/volvo-sticks-with-uber-partnership Mon, 27 Mar 2017 14:51:54 EST Volvo is standing by its partnership with Uber, despite the ride-hailing company's string of public relations disasters, including a high-profile accident this weekend that led to Uber temporarily shutting down its self-driving testing program. Car-shopping sites could start selling http://www.autonews.com/article/20170327/RETAIL07/303279979/car-shopping-sites-could-move-into-sales Mon, 27 Mar 2017 00:01:00 EST Executives who run third-party shopping sites are considering whether to move from consumer-research havens to platforms where people purchase vehicles. Auto sales peak heightens risk for lenders, Moody's warns http://www.autonews.com/article/20170327/FINANCE_AND_INSURANCE/170329874/auto-sales-peak-heightens-risk-for-lenders-moodys-warns Mon, 27 Mar 2017 09:27:34 EST As auto sales have peaked in the United States, competition to finance car loans is set to intensify and drive increased credit risk for lenders. 2016 Top 150 Dealership Groups http://www.autonews.com/article/20170327/DATACENTER/170329873/2016-top-150-dealership-groups Mon, 27 Mar 2017 11:25:32 EST Getting payment figures down to the penny http://www.autonews.com/article/20170327/FINANCE_AND_INSURANCE/303279976/third-party-shopping-sites-ponder-penny-perfect-payment-predictions Mon, 27 Mar 2017 00:01:00 EST With advancements in online tools for trade-in valuation and financing, could there be a day when consumers get exact payment offers via third-party sites before stepping foot in dealerships? Zellmer wins transformation role at Porsche http://www.autonews.com/article/20170327/OEM02/303279969/zellmer-wins-another-pivotal-role-at-porsche Mon, 27 Mar 2017 00:01:00 EST Porsche's U.S. chief Klaus Zellmer has been given the chance to shepherd the iconic sports car brand in the market he calls the most competitive in the world. Gap between sales and registrations narrowed in 2016 http://www.autonews.com/article/20170327/RETAIL01/303279972/gap-between-sales-and-registrations-shrinks Mon, 27 Mar 2017 00:01:00 EST There's no clear explanation for the shift, but 2016 was marked by headlines focusing on some automakers' questionable sales practices. Don't expect Piech to just vanish http://www.autonews.com/article/20170327/OEM02/303279992/don-t-expect-piech-to-disappear Mon, 27 Mar 2017 00:01:00 EST Even as Ferdinand Piech approaches 80, Keith Crain cannot imagine that he will slow down. California's clean-air problem is a lot bigger than just Trump http://www.autonews.com/article/20170327/OEM11/170329877/californias-clean-air-problem-is-a-lot-bigger-than-just-trump Mon, 27 Mar 2017 07:33:34 EST As President Donald Trump moves to roll back decades of regulation, the Golden State has positioned itself as America's bulwark of environmental protection. The reality behind that is complex. Tesla Model 3 ramp-up aims to beat BMW, Mercedes in just 1 year http://www.autonews.com/article/20170327/OEM05/170329878/tesla-model-3-ramp-up-aims-to-beat-bmw-mercedes-in-just-1-year Mon, 27 Mar 2017 07:05:27 EST Even the most bullish don't think Tesla can sell half a million electric cars next year. But it's still important to understand the lofty targets Elon Musk is setting, and some of the crafty ways he's trying to make it happen. UK manufacturers urge PM to drop threat of no Brexit deal http://europe.autonews.com/article/20170327/ANE/170329880/uk-manufacturers-urge-pm-to-drop-threat-of-no-brexit-deal Mon, 27 Mar 2017 04:46:57 EST Britain's manufacturers told Prime Minister Theresa May to drop her threat that she might take the country out of the EU without a new trade deal, a move that could leave automakers facing tariffs averaging 5.3 percent. Ford focuses on slimming down inventory http://www.autonews.com/article/20170327/OEM/303279973/fords-health-plan-slim-down-inventory Mon, 27 Mar 2017 00:01:00 EST Ford is determined to avoid a glut of unsold cars and trucks piling up on dealer lots by trimming production - even if its vehicle volumes are relatively healthy compared to the rest of the industry. Don't look to China for discount cars http://www.autonews.com/article/20170327/GLOBAL03/303279988/the-cheap-chinese-cars-arent-coming Mon, 27 Mar 2017 00:01:00 EST For years, American consumers have been wondering just when they would witness the arrival of ultra-low-priced Chinese cars. Turns out, maybe never. Ferdinand Piech losing latest battle with his family http://www.autonews.com/article/20170327/OEM02/303279959/a-bitter-end-for-ferdinand-piech Mon, 27 Mar 2017 00:01:00 EST Ferdinand Piech, a figure of transcendent importance in the history of the auto industry, is selling his 14.7 percent voting stake in the family firm that controls Volkswagen Group. It is the endgame of a bitter family dispute. After 41 years, Honda's Mendel drives off http://www.autonews.com/article/20170327/OEM02/303279970/after-41-years-hondas-mendel-drives-off Mon, 27 Mar 2017 00:01:00 EST Forty-one years can teach you a lot about the auto industry -- including when it's the right time to go out on top. On April 1, American Honda's John Mendel will do just that. How one man triggered a GM airbag sensor recall http://www.autonews.com/article/20170327/OEM11/303279981/how-one-man-triggered-a-gm-recall Mon, 27 Mar 2017 00:01:00 EST Saturn Sky owner Troy Lyman's 67-page report on airbag sensor failures caused a recall of two General Motors cars. Before Lyman, the automaker and the National Highway Transportation Safety Administration had not acted. Custom Nissan Titans leave big impression http://www.autonews.com/article/20170327/RETAIL07/303279997/custom-nissan-titans-leave-big-impression Mon, 27 Mar 2017 00:01:00 EST Tyler Slade, managing partner at Tim Dahle Nissan Southtowne in South Jordan, Utah, has made his store the place to buy highly customized and unique Nissan Titan pickups. Self-driving legislation framework could come from vaccine court http://www.autonews.com/article/20170327/MOBILITY/303279982/a-model-for-resolving-self-driving-litigation Mon, 27 Mar 2017 00:01:00 EST There already has been some debate about how companies that make self-driving cars will deal with litigation. A small court in Washington dedicated to vaccine injury claims could provide a guide. Enterprise offers automakers renter insights http://www.autonews.com/article/20170327/RETAIL04/170329886/enterprise-shares-renter-feedback-with-automakers Mon, 27 Mar 2017 00:01:00 EST An Enterprise Rent-a-Car mobile app now lets customers rate their rental vehicles, providing feedback to automakers on what are essentially extended test drives. Velocity gains speed as driver of remarketing http://www.autonews.com/article/20170327/RETAIL04/303279998/big-auction-houses-strive-for-velocity Mon, 27 Mar 2017 00:01:00 EST The glut of off-lease vehicles returning to market is causing the nation's two largest auction groups to double down on the concept of velocity -- albeit in slightly different ways. %]