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FEBRUARY U.S. AUTO SALES

U.S. sales rise 5.3% as wintry weather takes toll

8:00 am U.S. ET | March 3, 2015 | UPDATED: 3/3/15 5:30 pm ET - adds details
Toyota and Subaru joined a handful of smaller automakers in posting double-digit U.S. sales increases for February as severe winter weather crimped demand more than analysts had forecast. Most companies posted modest gains as the overall industry rose 5.3 percent.... Read More »
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GMC doubles down with 10-year plan to boost U.S. share to 5%

12:30 pm U.S. ET | March 2, 2015
General Motors plans to roughly double its total spending on its GMC truck brand over the next decade with the goal of boosting its U.S. market share by two-thirds, the brand's top executive said today. Duncan Aldred, vice president of the GMC and Buick brands, said the doubling of investment in GMC will cut across vehicle development, marketing and other areas.... Read More »

Lexus wins 4th straight J.D. Power dependability title; Buick rises to No. 2

10:00 am U.S. ET | Feb. 25, 2015
Toyota's Lexus claimed its fourth consecutive title as most-dependable automotive brand after three years of ownership while corporate sibling Scion jumped to ninth place from 22nd a year earlier, J.D. Power and Associates said today. Buick came in at No. 2, rising three spots from last year.... Read More »

U.S. auto sales roar toward strongest February since 2002

2:00 pm U.S. ET | Feb. 25, 2015
U.S. auto sales are on pace for the best February since 2002, forecasters say, even as relentless snow slowed demand in the Northeast. February is expected to mark the 12th consecutive month of year-over-year gains for the industry.... Read More »

Blazing-fast McLaren 675LT to debut in Geneva

9:20 am U.S. ET | Feb. 25, 2015
British sports car manufacturer McLaren Automotive plans to introduce the 675LT at next week’s Geneva auto show. The sleek coupe can top 120 mph in a faster amount of time than many normal cars can get to 60 mph.... Read More »

Buick cracks top 10 on Consumer Reports report card; Acura, Mercedes, Infiniti drop

12:45 pm U.S. ET | Feb. 24, 2015
Buick climbed into the Top 10 while Acura, Infiniti and Mercedes-Benz fell hard in the latest report card on reliability and performance from Consumer Reports. Lexus finished No. 1 for the third straight year, ahead of a rising Mazda. Fiat Chrysler's Fiat brand came in last, just below corporate sibling Jeep.... Read More »

Honda CEO Ito to step down after quality lapses

1:40 am U.S. ET | Feb. 23, 2015
Honda President Takanobu Ito said he will step down and named Takahiro Hachigo, an r&d executive with wide international experience, as his replacement following a string of quality lapses that spurred a round of internal reforms.... Read More »

'Mr. K,' Datsun pioneer and father of the Z car, dies at 105

12:30 pm U.S. ET | Feb. 21, 2015
Yutaka Katayama, Nissan's first U.S. president, who grabbed American consumer awareness by introducing the affordable Datsun Z sports car in the early 1970s, has died at 105.... Read More »

NHTSA to fine Takata $14K a day for failing to 'fully cooperate' in airbag probe

10:31 am U.S. ET | Feb. 20, 2015
The National Highway Traffic Safety Administration today slapped Takata with a $14,000-per-day fine for failing to "fully cooperate" with the agency's investigation into exploding airbag inflators made by the supplier that have been linked to at least six deaths. NHTSA also warned Takata that it will refer the situation to the Department of Justice if it fails to remedy the situation.... Read More »

GM names new top lawyer as embattled Millikin retires

9:43 am U.S. ET | Feb. 19, 2015
General Motors has named Craig Glidden, the top attorney at a global plastics and chemicals refiner, to succeed departing chief counsel Michael Millikin. Glidden, 57, oversaw legal, communications, government-affairs and compliance functions at LyondellBasell Industries, a Dutch company with US headquarters in Houston. Before that, he was general counsel at Chevron Phillips Chemical Co.... Read More »

Infiniti's Bartsch is out as Americas chief

11:55 am U.S. ET | Feb. 17, 2015
Michael Bartsch, a former Porsche executive hired in 2013 to lead Infiniti in the Americas, has left the company in the latest executive shakeup at Nissan's luxury brand. Bartsch has been replaced by Randy Parker, who has been vice president of Nissan's Western Region, Infiniti said in a statement today.... Read More »

Apple hiring auto experts for secret research project, reports say

4:58 pm U.S. ET | Feb. 13, 2015
Apple is hiring automotive technology and design experts to staff up a top-secret research lab, with the possible intention of building a car, the Financial Times reported, citing people familiar with the matter. The Wall Street Journal reported the project, code-named “Titan,” has an initial design of a vehicle that resembles a minivan.... Read More »

Ford's new 1,550 workers for F-150 output pushes 300-500 to top-tier wages

12:01 am U.S. ET | Feb. 4, 2015
Ford is adding 1,550 hourly employees in the first quarter to increase output of its aluminum-bodied F-150 pickup. The hires will cause between 300 and 500 UAW members earning Tier 2 hourly wages of $19.28 today to rise to top-tier status with hourly wages of $28.50.... Read More »

GM Q4 pretax profit surges to $2.4 billion on strong pricing, truck sales

7:45 am U.S. ET | Feb. 4, 2015
General Motors said its fourth-quarter pretax profit rose 27 percent to $2.41 billion, its best fourth-quarter result since the 2009 bankruptcy, thanks to stronger pricing across its major markets and stout pickup and SUV sales in North America.... Read More »

Toyota's quarterly operating profit rises 27% on U.S. sales gains

3:30 am U.S. ET | Feb. 4, 2015
Booming North America powered Toyota to a 27 percent operating profit increase in the October-December quarter even as sales shrank in every other major market. The region was Toyota's only bright spot as the company cut its sales outlooks for Japan, Europe and Asia.... Read More »

Ford on verge of promoting newer UAW hires to top-tier pay for first time

6:15 am U.S. ET | Jan. 30, 2015
Ford has exceeded its cap on employees earning second-tier wages and will promote 55 workers hired in 2010 to its top wage scale, the UAW said late Friday. It would be the first time since the UAW agreed to two-tier wages in 2007 that any of the union's members have been moved up to the higher pay scale.... Read More »

Ford's 2014 profit fell 56 percent amid new-product blitz

7:00 am U.S. ET | Jan. 29, 2015
Ford posted a drop in fourth-quarter profit and said earnings fell 56 percent in 2014 as it introduced 24 vehicles worldwide while US market share declined. CFO Bob Shanks predicted "a lot of strong growth numbers from Ford in 2015."... Read More »

Soros is ready to move on auto dealerships

3:40 pm U.S. ET | Jan. 26, 2015
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. Soros is prepared to invest as much as $1 billion on dealerships, one of the sources said.... Read More »

Cadillac boss to introduce 'boutique' store concept to 700 dealers

9:37 am U.S. ET | Jan. 22, 2015
Cadillac plans to ask about 700 of its dealerships to invest in small "boutique" stores that would offer "high technology showrooms" and a higher level of service than they offer today.... Read More »

Toyota keeps top spot despite strong VW challenge

2:16 am U.S. ET | Jan. 21, 2015
Toyota defended its crown as the world's biggest automaker in 2014, keeping a slim lead over Volkswagen. But Toyota forecast sales to slump 1 percent in the current calendar year, on the back of slowing demand in Japan and emerging markets.... Read More »

Volvo appoints another U.S. chief amid sales decline

12:15 am U.S. ET | Jan. 21, 2015
Volvo is reshuffling its North American management, moving CEO Tony Nicolosi to head of its finance company for the Americas and bringing global corporate product strategy chief Lex Kerssemakers to replace him.... Read More »

2015 AUTOMOTIVE NEWS WORLD CONGRESS

Musk urges automakers to move faster on EVs

3:45 pm U.S. ET | Jan. 13, 2015
Established car companies must accelerate the development and sale of electric vehicles, despite a drastic decline in oil prices, Tesla Motors CEO Elon Musk said today during a speech to auto executives at the Automotive News World Congress.... Read More »

Nissan, seeking wider audience, retools Titan top to bottom

8:15 am U.S. ET | Jan. 12, 2015
With three engines -- including a Cummins diesel V-8 -- two frame sizes and three bed lengths, the redesigned Titan coming this fall is Nissan's ambitious new push to become a true contender in the tough full-size pickup market. The revamped pickup, unveiled today at the Detroit auto show, is intended to make the Titan appealing to a wider audience from construction workers to suburbanites.... Read More »

VW Golf and Ford F-150 win North American Car and Truck of the Year awards

7:15 am U.S. ET | Jan. 12, 2015
The Volkswagen Golf and Ford F-150 pickup were named 2015 North American Car and Truck of the Year today by a panel of automotive journalists.... Read More »

VW plans to add 100 U.S. dealerships by 2018

10:41 am U.S. ET | Jan. 12, 2015
Volkswagen of America plans to add about 100 new dealerships to its US retail network through 2018 as part of its plan to revive its growth in the market. Michael Horn, one year into his tenure as CEO of Volkswagen of America, told reporters at the Detroit auto show that VW wants to add the additional 100 rooftops in open points where the VW brand currently lacks a presence.... Read More »

Chevy extends all-new Volt's EV range a third to 50 miles

12:01 am U.S. ET | Jan. 12, 2015
The second-generation Chevrolet Volt will go about 50 miles on an electric charge, up from 38 on today's model, as General Motors looks to broaden the plug-in hybrid's appeal beyond environmentalists and tech geeks.... Read More »

VW readies crossover blitz to help revive U.S. fortunes

8:30 pm U.S. ET | Jan. 11, 2015
Volkswagen is mobilizing an SUV and crossover offensive over the next few years to strengthen its presence in those fast-growing segments and revive the VW brand's sagging U.S. sales. A long-wheelbase Tiguan crossover assembled in North America will arrive in the market in 2017, Volkswagen CEO Martin Winterkorn said in remarks prepared for delivery today.... Read More »

Honda agrees to pay $70 million in U.S. fines for under-reporting death, injury claims

12:33 pm U.S. ET | Jan. 8, 2015
Honda agreed to pay a record $70 million in fines and submit to stricter oversight for failing to tell the US government about warranty claims and more than 1,700 injuries and deaths linked to potential defects in its cars.... Read More »

Cadillac drops price on CTS sedan by up to $3,000

2:17 pm U.S. ET | Jan. 7, 2015
Cadillac is cutting prices on its CTS sedan in the US by as much as $3,000, a partial walk back of a big price increase 15 months ago that dealers say has driven away some loyal buyers. Cadillac told dealers in a memo that it will reduce sticker prices on most 2015 CTS models by $1,000 to $3,000, effective today.... Read More »

Ford names Mark LaNeve head of U.S. marketing, sales and service

10:18 am U.S. ET | Jan. 7, 2015
Ford today said Mark LaNeve, a former top sales executive at General Motors, will take over as its new head of US sales, marketing and service as of Feb. 1. LaNeve, 55, replaces John Felice, who was the company's US sales chief for only 15 months. Ford said Felice, 53, “has elected to retire” after a 30-year career at the automaker.... Read More »

Toyota's Scion to add first sedan to struggling lineup

9:46 am U.S. ET | Jan. 7, 2015
Toyota's struggling Scion brand will add a sedan to its lineup for the first time as it battles slumping sales in the United States. The sedan will be introduced in April at the New York auto show along with the all-new Scion iM five-door hatchback, the brand said in a statement today.... Read More »

Mercedes USA will move to Atlanta seeking sales growth, lower costs

7:29 am U.S. ET | Jan. 6, 2015
Mercedes-Benz USA will relocate its headquarters from New Jersey to Atlanta to lower operating costs and to chase sales growth it foresees in the South. Beginning in June, Mercedes will move from New Jersey to temporary offices in Atlanta, where it will build a greenfield headquarters complex by the end of 2017.... Read More »

U.S. sales forecast to rise 10% in Dec. on deals, falling gas prices

11:45 am U.S. ET | Dec. 31, 2014
Forecasters say U.S. new-vehicle sales likely jumped 10 percent in December, bringing the total for 2014 to 16.5 million, beating even the most optimistic projections from early in the year. The month was filled with good reasons for consumers to buy a new car or truck: big discounts, very little snow and gasoline prices falling like a rock.... Read More »

Ford will tout F-150 capability in College Football Playoff

12:01 am U.S. ET | Dec. 30, 2014
Ford will use the first-ever College Football Playoff to launch the advertising campaign for the redesigned F-150, but viewers won't hear a word about how the truck's lighter aluminum body helps improve fuel efficiency. The initial series of three commercials aims to show that the switch from steel to lighter-weight aluminum makes the F-150 more durable and stronger.... Read More »

Shifting eyes back to the road ahead

12:01 am U.S. ET | Dec. 29, 2014
Interior designers are working to concentrate more of a vehicle’s critical information directly in front of the driver and away from center-stack display screens.... Read More »

Takata president steps down from role, CEO to reclaim title

6:19 am U.S. ET | Dec. 24, 2014
Takata, the auto supplier embroiled in a global safety crisis, said today its president, Stefan Stocker, would step down and CEO Shigehisa Takada, 48, would once again assume the role to unify the company's response to the recall of millions of vehicles carrying defective airbags.... Read More »

Hot-selling trucks mean holiday overtime for some N.A. plants

2:30 pm U.S. ET | Dec. 22, 2014
Several automakers, led by Chrysler, will be working overtime during the Christmas and New Year's holiday period at North American plants that build SUVs, crossovers and pickups, signaling confidence that the U.S. light-truck market will remain hot heading into 2015.... Read More »

Hyundai Motor hires longtime BMW executive in performance-car push

9:26 pm U.S. ET | Dec. 21, 2014
Hyundai and affiliate Kia hired Albert Biermann, chief engineer for BMW's M performance cars and light trucks, to develop performance models and improve ride and handling. As executive vice president, Biermann will become the South Korean automakers' second-highest foreign executive after design chief Peter Schreyer, formerly of Audi.... Read More »

In Russia, all are losing, but none are leaving

12:01 am U.S. ET | Dec. 21, 2014
Despite suffering heavy losses in Russia's sinking economy, global automakers say they still expect a long-term payoff from their huge investments there.... Read More »

FCA US recalls 3.3 million more vehicles with Takata airbag inflators

4:49 pm U.S. ET | Dec. 19, 2014
FCA US, the former Chrysler Group, said Friday it will replace driver-side airbag inflators in as many as 3.3 million more older-model vehicles, in a capitulation to a demand by the National Highway Traffic Safety Administration.... Read More »

The road ahead for NHTSA's new chief

10:30 pm U.S. ET | Dec. 16, 2014
Mark Rosekind, confirmed to head the National Highway Traffic Safety Administration, faces immediate pressure to take a tougher stance with automakers and suppliers on safety matters, reset the agency's culture and manage the coming wave of autonomous-vehicle and other advanced technologies.... Read More »

Chrysler and Fiat names dropped from corporate titles

8:20 am U.S. ET | Dec. 16, 2014
Chrysler is Chrysler no more. Fiat Chrysler Automobiles, the Netherlands-based parent company of what was Chrysler Group LLC, said today that it has changed the name of its United States affiliate from Chrysler Group to FCA US LLC.... Read More »

GM offers fix on small-car ignitions to prevent stuck keys

6:15 pm U.S. ET | Dec. 11, 2014
General Motors is offering to repair customers' Chevrolet Cobalts and other older small cars to prevent keys from getting stuck in the ignition, but the company said it isn't issuing a recall because the problem doesn't pose a safety risk.... Read More »

Ford dumps MyFord Touch name in revamp of infotainment system

11:15 am U.S. ET | Dec. 11, 2014
Ford is dropping the name “MyFord Touch” in an overhaul of the touch-screen infotainment system that sent its quality ratings plummeting in recent years.... Read More »

Finalists named for North American Car and Truck of the Year

1:00 pm U.S. ET | Dec. 9, 2014
The Ford Mustang, Hyundai Genesis and the Volkswagen Golf were named finalists today for North American Car of the Year, while the Lincoln MKC, Ford F-150 and the Chevy Colorado were named truck/utility finalists.... Read More »

Honda planning worldwide recall for Takata airbags, Ito says

5:53 am U.S. ET | Dec. 9, 2014
Honda President Takanobu Ito said his company is planning to launch a worldwide investigative airbag recall, just days after extending a similar callback in the United States. Ito also expressed frustration with the response of Japanese airbag supplier Takata, but said Honda will offer support if Takata tips into financial difficulties.... Read More »

BMW names Krueger as new CEO; Reithofer to be chairman

4:33 am U.S. ET | Dec. 9, 2014
BMW said CEO Norbert Reithofer would step down in May, one year early, and hand the reins of the luxury carmaker to production chief Harald Krueger. Reithofer, who has run BMW since 2006, is slated to succeed Joachim Milberg as chairman of the company's supervisory board, BMW said in a statement today.... Read More »

Grady to retire as head of Chrysler dealer network, Maserati's N.A. unit

11:54 am U.S. ET | Dec. 5, 2014
Peter Grady will retire as head of Chrysler Group's dealer network on March 31, and will step down as head of Maserati North America at the first of the year. Grady, 54, will retain his current responsibilities until then, Chrysler said in a written statement today.... Read More »

Bob Thomas, former U.S. boss of Nissan, dies at 69

7:09 am U.S. ET | Dec. 3, 2014
Bob Thomas, who led Nissan's United States sales operations in the 1990s before joining AutoNation and Edmunds, has died in Hawaii. Thomas died November 23 after a brief illness, according to friends and former colleagues. He was 69.... Read More »

Robert Rewey, Ford marketing exec who moved the iron, dies at 76

1:15 pm U.S. ET | Dec. 1, 2014
Robert Rewey, a former Ford sales and marketing chief who helped the company become dominant in the SUV market, pioneered leasing as an alternative to traditional financing and pushed a controversial consolidation of Ford's dealership network in the late 1990s, died Saturday at his home in Palm Beach, Fla., after a brief illness.... Read More »

Discounts, falling gas prices driving Nov. sales higher

3:30 pm U.S. ET | Nov. 25, 2014
The U.S. auto industry may post its highest November sales volume since 2001, and one forecaster says light-vehicle transaction prices are on pace to reach the highest level ever for a second consecutive month. Year-end clearance sales and the lowest gasoline prices since 2010 are two big factors behind the forecasts.... Read More »

NHTSA closes probes into 600,000 Ford, GM vehicles

10:41 am U.S. ET | Nov. 25, 2014
Safety regulators have closed investigations into about 500,000 Ford Motor and about 100,000 General Motors vehicles without calling for recalls, the National Highway Traffic Safety Administration said today.... Read More »

REUTERS SPECIAL REPORT

Takata airbag plant in Mexico with troubled past at center of probe

9:07 am U.S. ET | Nov. 20, 2014
Takata's plant in Ciudad Frontera, Mexico, has been confirmed as the source of defective airbags made in 2001 and 2002 and again around 2012, Reuters reported today, citing information from recall records, automakers and regulators. In 2006, the factory blew up -- driving home for workers and residents the volatility and risk of the explosive compound at the core of Takata's airbags.... Read More »

BMW says its Takata inflator work moving from Mexico to Germany

7:21 pm U.S. ET | Nov. 19, 2014
Takata plans to shift production of BMW airbag inflators from Mexico to Germany, BMW said on Wednesday in a filing with federal safety regulators who have been probing questions about the quality of manufacturing at the plant.... Read More »

Obama nominates NTSB's Mark Rosekind to lead NHTSA

5:30 pm U.S. ET | Nov. 19, 2014
President Barack Obama nominated transportation expert Mark Rosekind to lead the National Highway Traffic Safety Administration, which has come under heavy criticism this year for a perceived slow response to major recalls and safety concerns.... Read More »

Hyundai's U.S. marketing boss Shannon steps down

10:20 am U.S. ET | Nov. 14, 2014
Hyundai Motor America marketing chief Steve Shannon, the General Motors veteran who joined Hyundai in 2011 to help the Korean brand continue its ascendance in the United States market, has parted ways with the company.... Read More »

THE GM RECALL

Delphi turns over GM recall evidence in deal with plaintiffs

3:42 pm U.S. ET | Nov. 13, 2014
Delphi Automotive agreed to give thousands of documents to lawyers suing General Motors over faulty ignition switches and to let the lawyers speak with the supplier's employees in exchange for being dropped as a defendant.... Read More »

Ford's Farley, Odell to swap jobs

4:15 am U.S. ET | Nov. 7, 2014
Ford global marketing chief Jim Farley will move to Germany to steer Ford of Europe starting January 1 in a job swap with European boss Stephen Odell, the company said. Odell, who has led European operations for Ford since 2010, will succeed Farley as executive vice president in charge of global marketing, sales and service, Ford said in a statement today.... Read More »

Chrysler Group Q3 profits rise 32% to $611 million on Jeep, Ram gains

10:38 am U.S. ET | Nov. 5, 2014
Chrysler Group today reported net income rose 32 percent in the third quarter from a year earlier to $611 million as strong sales of its Jeep and Ram lines bolstered profits. Chrysler gained just over one point of market share in the United States over the same period a year ago to 12.3 percent on sales of 1,556,059 vehicles.... Read More »

OCTOBER U.S. SALES

Chrysler, Nissan set pace as U.S. sales rise 6% on truck demand

6:00 am U.S. ET | Nov. 3, 2014
U.S. light-vehicle sales, led by double-digit increases at Chrysler Group and Nissan Motor, rose 6 percent last month to 1.28 million, matching forecasts, with crossovers and light trucks fueling much of the industry's gains. The seasonally adjusted annual sales rate, a broad measure of the industry's health, hit 16.5 million, slightly above projections and up 7 percent from 15.... Read More »

Betts leaves Chrysler after another poor quality showing

9:39 am U.S. ET | Oct. 28, 2014
Fiat Chrysler's quality chief has left the company, a day after the automaker ranked last in a closely watched scorecard on vehicle reliability in the United States. Doug Betts, 51, who joined Chrysler from Nissan in 2007, will “pursue other interests,” Chrysler said in a statement today.... Read More »

OCTOBER U.S. AUTO SALES

U.S. auto sales projected to rise 6% in Oct. to highest total in a decade

1:35 pm U.S. ET | Oct. 27, 2014
New light-vehicle sales are expected to rise about 6 percent in the United States this month from last October to about 1.27 million vehicles, according to three forecasts. It would be the highest October sales volume since 2004.... Read More »

Ford's Fields takes his lumps in Q3, looks to next year

7:06 am U.S. ET | Oct. 24, 2014
Ford CEO Mark Fields today delivered the first report card on his performance since taking over for Alan Mulally. He gave every sign that he'll have more to show off next year. While earnings and revenue fell, Fields said new vehicles on tap will deliver "strong, profitable growth."... Read More »

GM operating profits fall 14% in Q3 on flat revenue

7:45 am U.S. ET | Oct. 23, 2014
GM's record transaction prices in North America and booming sales in China weren't enough to offset weakness in just about every other region, as the company's third-quarter operating profit fell 14 percent.... Read More »

Mich. blocks Tesla's sales model by plugging loophole

2:19 pm U.S. ET | Oct. 21, 2014
Michigan Governor Rick Snyder signed a bill today that effectively bars Tesla Motors' direct-sales model in the state. While Tesla's model was already prohibited in Michigan, the wording of its franchise law left an opening that the automaker could potentially exploit as it has in Massachusetts, where dealers unsuccessfully tried to stop it from operating a store there.... Read More »

Top GM lawyer Michael Millikin, blasted during Congress' recall hearings, to retire

12:20 pm U.S. ET | Oct. 17, 2014
GM's top lawyer, Michael Millikin, 66, is retiring three months after he withstood withering criticism by lawmakers for his department's handling of GM's deadly ignition switch defect. The company said it will begin an immediate external search for his replacement.... Read More »

Technology propels fuel economy average to record 24.1 mpg, EPA says

1:15 pm U.S. ET | Oct. 8, 2014
The average fuel economy of cars and light trucks, driven by wider use of technology, rose to a record 24.1 mpg in the 2013 model year, though the pace of improvement slowed. Fuel economy will average 24.2 mpg across the industry for 2014 models, the EPA estimated, but cautioned the final figure will likely be revised higher.... Read More »

Cadillac preps plug-in hybrid CT6 rated at 70 mpg or more

12:01 am U.S. ET | Oct. 7, 2014
Cadillac will offer a plug-in hybrid version of the CT6 large sedan scheduled to debut late next year. GM global product chief Mark Reuss said the plug-in hybrid would get at least 70 mpg. The CT6 will also be powered by a six-cylinder, turbocharged engine that makes around 400 hp.... Read More »

GM halts 2015 Chevy Colorado, GMC Canyon deliveries to fix airbag flaw

10:19 am U.S. ET | Oct. 3, 2014
GM instructed dealers to halt deliveries of the new 2015 Chevrolet Colorado and GMC Canyon pickups because of a pending safety recall to fix an airbag defect, just two weeks after shipments began for the high-profile launch.... Read More »

Jeep ponders switch to aluminum for next Wrangler body, Marchionne says

11:21 am U.S. ET | Oct. 2, 2014
The next-generation Jeep Wrangler may be built off a unibody platform, feature smaller and turbocharged engines, and switch to an aluminum body, Fiat Chrysler Automobiles CEO Sergio Marchionne said today. Such significant changes to the hot-selling SUV would likely mean leaving its longtime, historic production site in Toledo, Ohio, Marchionne added.... Read More »

Chrysler to hike output of Ram diesels

12:01 am U.S. ET | Sept. 30, 2014
Chrysler Group, struggling to keep pace with demand for one of its newest products, plans to boost output of light-duty Ram pickups equipped with diesel engines. The Ram 1500 EcoDiesel will account for 20 percent of the light-duty Ram pickup's annual production volume, up from 10 percent now, Chrysler said today, without giving details.... Read More »

Ford sets goal of 9.4M global sales by 2020, cuts profit outlook for '14

3:28 pm U.S. ET | Sept. 29, 2014
Ford aims to raise global sales 52 percent annually by 2020 by tapping fast-growing Asian markets, investing heavily in Lincoln, and expanding its global offerings of small cars and utility vehicles. But company officials today warned 2014 profits will be sharply lower than previous estimates because of higher warranty outlays and wider losses in South America.... Read More »

Ford recalls 850,000 vehicles for glitch affecting airbags, seat belts

10:56 am U.S. ET | Sept. 26, 2014
Ford is recalling 850,050 2013 and 2014 vehicles for an electrical flaw that could cause airbags and seat belt pretensioners to malfunction in the event of a crash. The affected vehicles include the 2013-14 Ford C-Max, Fusion, Escape and Lincoln MKZ. Ford said the restraints-control module in the vehicles could short circuit, causing the airbag warning indicator to illuminate.... Read More »

SEPTEMBER U.S. AUTO SALES

Post-holiday sales volume remains strong, analysts say

3:30 pm U.S. ET | Sept. 25, 2014
September U.S. auto sales are expected to come in about 10 percent higher than a year ago, according to four analysts' estimates, with no sign of a typical post-Labor Day slowdown. With three months to go, analysts are increasingly confident that total industry sales for the year will reach at least 16.4 million.... Read More »

Cadillac names European exec Jim Bunnell as U.S. sales chief

2:31 pm U.S. ET | Sept. 22, 2014
Cadillac named Jim Bunnell as its new sales chief in the United States today as the brand looks to improve sluggish volume and implement a fresh approach under new global boss Johan de Nysschen.... Read More »

Cadillac to build unnamed 'top-end' car at Detroit-Hamtramck in late 2015

6:34 am U.S. ET | Sept. 19, 2014
General Motors said today that it will build a new "top-end, high-technology" Cadillac at its Detroit-Hamtramck assembly plant starting in the fourth quarter of next year. GM declined to name the car, saying only that it would be slotted above the CTS midsize sedan and XTS large sedan.... Read More »

Feinberg team approves 19 death claims in GM ignition switch case

11:15 am U.S. ET | Sept. 15, 2014
The independent lawyer overseeing GM's program to compensate victims of accidents that involved defective ignition switches has approved claims for 19 deaths, at least six more fatalities than GM has officially linked to the faulty part. The approved claims are now awaiting a decision on payment amounts.... Read More »

160,000 2007 Dodge Caravans investigated after 8 reports of engine stalls

10:14 am U.S. ET | Sept. 10, 2014
U.S. safety regulators are investigating about 160,000 Dodge Caravan minivans following reports of engine stalling.... Read More »

Racing-inspired $120,000 2016 Mercedes-AMG GT zooms into U.S. in April

2:30 pm U.S. ET | Sept. 9, 2014
The 2016 Mercedes-AMG GT two-door, the second vehicle developed by the brand's in-house performance arm, goes on sale in the United States next April.... Read More »

Nissan taps BMW's Krueger to head Infiniti

9:30 pm U.S. ET | Sept. 9, 2014
Nissan has poached BMW veteran Roland Krueger to head its leaderless Infiniti luxury unit, lending a touch of German flair to a brand struggling to break out of the second tier. Krueger, 48, steps into a brand twice stung by recent defections, first by brand President Johan de Nysschen's departure in July, then by the exit of its chairman, Andy Palmer, last week.... Read More »

Aluminum Jaguar XE marks return to compact luxury segment

3:15 pm U.S. ET | Sept. 8, 2014
Jaguar is re-entering the cutthroat compact luxury segment with the XE -- complete with new engines, new technology and a new modular aluminum-based architecture.... Read More »

Ford abandons practice of removing items to boost heavy-duty pickup payload ratings

9:35 am U.S. ET | Sept. 2, 2014
Ford said it will abandon its practice of stripping removable items from its heavy-duty pickups to boost their payload ratings and will join competitors in using base curb weights. The automaker also said today that it will state the maximum towing rating for the 2015 F-450 using the industry's SAE J2807 towing standard.... Read More »

AUGUST U.S. AUTO SALES

Sales rate to top 16 million for 6th month in a row, analysts predict

12:46 pm U.S. ET | Aug. 27, 2014
Auto sales volume in the United States is expected to keep rolling along in August, with two independent forecasters predicting a sixth straight month of 16 million-plus selling rates. TrueCar predicts a seasonally adjusted annual selling rate of 16.6 million for August and LMC Automotive/J.D. Power is just behind at 16.5 million.... Read More »

Kia says it will build 'range' of small cars at new plant in Mexico

2:59 pm U.S. ET | Aug. 27, 2014
Kia plans to produce “a range” of small cars for markets including the United States at its $1 billion plant in Monterrey, Mexico, after production begins in the first half of 2016, the company said in a statement.... Read More »

Volvo banks on new era with debut of redesigned 2016 XC90

7:45 am U.S. ET | Aug. 26, 2014
Volvo, embarking on an ambitious new era, formally unveiled the redesigned XC90, a flagship crossover whose sales performance will help recast the Swedish brand's fortunes in the U.S.... Read More »

GM, Ford, Toyota and VW among automakers hit by antitrust penalties in India

4:21 am U.S. ET | Aug. 26, 2014
India's antitrust regulator fined 14 carmakers a combined $420 million for stifling competition in the market for spare parts. Among the companies fined were the local units of GM, Ford, Toyota, VW, Fiat, Nissan, BMW and Mercedes.... Read More »

Honda to modify 12,000 redesigned Fits sold in U.S. to enhance crashworthiness

10:00 am U.S. ET | Aug. 21, 2014
Honda plans to modify 12,000 redesigned 2015 Fit models in customer hands in the United States following a mid-model-year engineering change that improved the subcompact's showing in a key industry crash test.... Read More »

Honda's Mendel says U.S. sales 'near top,' warns market may suffer from 'stupid things'

1:30 pm U.S. ET | Aug. 19, 2014
Auto sales in the United States are approaching the highest levels that the market can sustainably support and could suffer long-term damage as automakers increasingly turn to subprime financing and seven-year loans to boost market share, the top sales executive at American Honda warned today.... Read More »

Chrysler names Bigland to lead Alfa Romeo brand in N.A.

9:24 am U.S. ET | Aug. 18, 2014
Chrysler Group, rolling out sales of the Alfa Romeo 4C sports car in the United States, has picked Reid Bigland to lead the Italian sports car brand's return to North America. Bigland, 47, one of the rising stars at Fiat Chrysler Automobiles, had been head of the company's fast-growing Ram brand. Robert Hegbloom, 50, director of Ram, will take over for Bigland, Chrysler said today in a statement.... Read More »

Ford, Chevy dangle new deals as U.S. sales, share lag

5:15 pm U.S. ET | Aug. 14, 2014
Ford and Chevrolet are getting a jump-start on summer clearance deals to spur sluggish U.S. sales and stem market-share losses. The two top-selling brands in the United States have launched Labor Day and summer promotions offering 0 percent financing for 72 months across wide swaths of their lineups.... Read More »

Chrysler purchasing chief Kunselman to lead new safety office

9:33 am U.S. ET | Aug. 12, 2014
Chrysler tapped its head of purchasing, Scott Kunselman, to lead a new office that will oversee safety issues and regulatory compliance as scrutiny over the industry's safety record grows. Tom Finelli, 44, Chrysler's current director for global standardization, will assume responsibility for North American purchasing and supplier quality, effective immediately, Chrysler said today.... Read More »

GM idling Michigan plant 3 weeks to trim Cadillac ATS, CTS supplies

5:30 pm U.S. ET | Aug. 8, 2014
General Motors plans to idle the Michigan plant that produces the Cadillac ATS and CTS for three weeks amid a glut of inventory. The move comes as U.S. sales of the ATS and CTS sag, pushing inventories to unusually high levels.... Read More »

GM to stop omitting truck-part weights to maximize payload ratings

1:00 pm U.S. ET | Aug. 8, 2014
GM said today that it will no longer omit the weights of some parts when weighing pickups to boost their maximum payload ratings.... Read More »

Hyundai fined $17.35 million by U.S. for delayed reporting of brake defect

4:51 pm U.S. ET | Aug. 7, 2014
Hyundai will pay a $17.35 million fine for failing to report a brake defect on Genesis models, and carry out a recall, in a timely manner to U.S. regulators. The company also agreed to additional sweeping oversight by the government to better identify, report, and communicate safety-related defects, NHTSA said.... Read More »

KAR Auction buys half of a dealer-to-dealer online auction company

4:13 pm U.S. ET | Aug. 6, 2014
ADESA has acquired a 50 percent stake in a software company that has created a system to help franchise dealers buy and sell vehicles among themselves, ADESA's parent company said.... Read More »

Chrysler's Q2 profits rise 22% to $619 million on Jeep, pickup gains

10:30 am U.S. ET | Aug. 6, 2014
Chrysler reported net income of $619 million in the second quarter on record Jeep sales and strong pickup deliveries. The second-quarter profit was 22 percent higher than the $507 million in net income posted during the same quarter of 2013. Revenue increased 14 percent to $20.5 billion.... Read More »

GM prices '15 mid-sized pickups up to $10,000 below big trucks

4:00 pm U.S. ET | Aug. 5, 2014
The new Chevrolet Colorado and GMC Canyon mid-sized pickups will be priced about $8,000 to $10,000 less than comparably equipped models of their larger showroom siblings, the Silverado and Sierra. The base 2015 Colorado, to be launched this fall after a two-year hiatus, will carry a sticker of $20,995, including $895 for shipping, GM said today.... Read More »

Toyota profit surges on U.S. SUV demand

3:21 am U.S. ET | Aug. 5, 2014
Toyota said net income in the April-to-June period rose to a record 587.8 billion yen ($5.7 billion) as surging SUV sales in the United States eclipsed shrinking demand in Japan. The company raised its North America vehicle sales target for the year.... Read More »

JULY U.S. AUTO SALES

Sales climb 9 percent to 1.4M vehicles as SAAR hits 16.5M

5:45 am U.S. ET | Aug. 1, 2014
U.S. auto sales, led by Chrysler's 20 percent advance and solid gains of 10 percent or more at Toyota, Nissan, and Ford, rose 9 percent in July to 1.435 million. The results were just below forecasts for a 10 percent increase but signal consumers remain in a buying mood. The seasonally adjusted, annualized sales rate hit 16.5 million in July. Toyota outsold Ford by 4,335 units.... Read More »

VW profit falls in Q2 amid emerging-market troubles

5:38 am U.S. ET | July 31, 2014
Volkswagen said operating profit declined 3.1 percent in the second quarter as U.S. sales fell and emerging-market volatility weighed on earnings.... Read More »

Tesla, Panasonic agree to team on U.S. gigafactory

7:02 am U.S. ET | July 31, 2014
Tesla Motors and Panasonic have agreed to cooperate on the construction and operation of the American carmaker's so-called gigafactory, its envisioned large-scale battery manufacturing plant in the United States.... Read More »

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