Not so fast on BMW winning the 2015 U.S. luxury crown over Lexus and Mercedes. According to manufacturer-reported sales released last month, BMW won. But Polk said today that Lexus was tops in U.S. vehicle registrations last year with 340,392 vs. BMW's 335,259.
GM posted pretax operating profit of $10.8 billion for 2015 -- including $2.8 billion in the fourth quarter -- as executives sought to reassure skeptical investors that there is plenty of profit potential remaining in the key U.S. and China markets.
U.S. auto sales declined 0.4 percent last month, as severe winter weather pushed some consumers to put off car shopping until February. With two fewer sales days, the sales rate still rose to 17.55 million. Automakers posted stronger results than many forecasts had predicted for a month that began with stocks taking a dive and ended with the storm.
Ford's net income quintupled in 2015 to $7.4 billion, including $1.9 billion in the fourth quarter, as sales of its high-margin pickups and SUVs surged in a record year for the U.S. auto industry. The company earned a fourth-quarter record of $2 billion in North America.
U.S. highway safety officials plan to take several steps this year to clear the way for autonomous vehicles -- including those designed to operate without a driver -- to hit the streets in large numbers.
Two Fiat Chrysler dealerships that are part of a suburban Chicago dealer group filed a civil racketeering suit against Fiat Chrysler, alleging the automaker offered dealers large amounts of money to report unsold vehicles as sold.
The Acura Precision Concept -- a swept-back, long-hooded sports sedan -- previews the brand's new design direction while aiming to reinvent the marque's image as aspirational. The concept is a dramatically creased vision for a brand in search of an identity.
The 2017 GMC Acadia will be dramatically smaller than the big crossover that has been in service for nearly a decade. When it goes on sale this spring, the redesigned Acadia will be more than 7 inches shorter, narrower and 700 pounds lighter than the outgoing model, aligning its dimensions closer to those of a Jeep Grand Cherokee or Honda Pilot.
Chrysler, vowing to shake up a segment it created and dominated for years, is dropping the venerable Town & Country badge and reviving the Pacifica nameplate as part of a sweeping overhaul of its minivan strategy. The 2017 Pacifica, riding on an all-new platform, looks more like a crossover than your mom's minivan.
Mercedes-Benz faces a crucial test when its redesigned 2017 E class goes on sale this summer. Sedan sales are stagnating in a U.S. market increasingly dominated by trucks. To counter the trend, Mercedes has packed a bigger but lighter, more coupelike car with advanced technologies.
Lexus is positioning the new LC 500 coupe as a niche nameplate with a bold message to the industry: After more than a quarter century of reaching, the brand has finally earned a place alongside the Germans in the upper echelons of the luxury market.
Looking to repeat the innovation of the original but not duplicate its offbeat styling, Honda showcased an all-new Ridgeline midsize pickup that comes online as smaller trucks gain favor with consumers again.
Cadillac appointed long-time BMW executive Dan Creed to sales chief for North America, reporting to Cadillac President Johan de Nysschen. Creed replaces Jim Bunnell, who has been reassigned to another executive position in GM North America, Cadillac said.
The Renault-Nissan Alliance said today it plans to offer 10 vehicles with autonomous drive technology in four years. The alliance made the announcement today as Carlos Ghosn, who is CEO of both companies, was meeting with reporters at Nissan's Silicon Valley research center.
The U.S. auto industry set a sales record in 2015 as solid December gains by the biggest automakers pushed the annual tally above 2000's 17,402,486 mark. Volume, driven by low gas prices, pent-up demand, widespread credit availability, an increase in leasing and job gains, rose 8.9 percent last month and 5.7 percent for the year.
GM's board of directors has elevated CEO Mary Barra to the role of chairman, replacing Tim Solso, who will continue to serve as lead independent director. She will remain CEO of the automaker. Solso has been chairman since January 2014, the same time that Barra took the CEO job.
Ford and Google are in talks to have the automaker build Google's next-generation autonomous cars under contract, Automotive News has learned. Although few details about the project are known, a source with knowledge of the project says both parties have been negotiating on a contract manufacturing deal “for a long time.”
Jim O'Sullivan, an auto industry veteran and current CEO of Mazda's North American Operations, will retire at the end of the year, the automaker said Monday. Mazda has named Masahiro Moro as O'Sullivan's successor.
Mercedes-Benz USA CEO Steve Cannon is leaving the automaker to head the company that owns the Atlanta Falcons. Dietmar Exler, 47, will become CEO of Mercedes Benz USA effective Jan. 1, Mercedes said in a statement today.
Volkswagen of America hired attorney and compensation expert Kenneth Feinberg to independently review and resolve claims by owners of diesel vehicles with illegal emissions software. Feinberg, who oversaw the compensation program for victims injured or killed by GM vehicles with defective ignition switches, will develop and administer a program to address claims brought by owners of VW's 2.
Volkswagen named five new leaders for its development, sales, design, production and product divisions as the automaker rebuilds its executive ranks following the upheaval spurred by an emissions cheating scandal.
Grace Lieblein, GM's vice president of global quality and a key player in GM’s bid to improve its supplier relations in recent years, will retire at the end of the month. Her retirement was announced internally earlier this month, a GM spokeswoman confirmed today. Her replacement will be announced “at a later date,” according to a Dec. 1 internal memo.
Nissan said Fred Diaz, senior vice president for U.S. sales and marketing and operations, will take on a new position dedicated to truck sales in the United States, Canada and Mexico. The automaker announced several other management moves for its North American operations.
Federal regulators today proposed overhauling the government’s five-star vehicle safety ratings to add scores for crash avoidance technology and pedestrian protection and to incorporate a new test that measures performance in a frontal offset crash.
The UAW, after decades of failed attempts, won its first organizing drive at a foreign-owned auto assembly plant in the South when skilled trades workers at VW's Chattanooga, Tenn., factory voted, 108-44, to join the union.
General Motors has greenlighted a summer 2016 U.S. launch for the Buick Envision compact crossover, which should provide a much-needed lift for the brand's lineup by taking aim at one of the industry's largest segments.
Hyundai-Kia set the pace in November as major automakers rode U.S. light-truck demand to sales increases and the overall industry, with a gain of 1.2 percent for the month, moved closer to an annual record. Gains among major players fell within a narrow range of 0.3 percent at Ford Motor Co. to 3.8 percent at Nissan Motor Co. Hyundai-Kia's 7.1 percent gain stood out in percentage terms.
GM is in talks to offload some of its commercial van production to contract manufacturer AM General, a move that would free up capacity at GM's plant near St. Louis to make more of its hot-selling midsize pickups.
The EPA said at least 85,000 vehicles from Audi, Volkswagen and Porsche with 3.0-liter diesel V-6 engines contain software allegedly designed to foil emissions tests, substantially widening the number of vehicles believed to be affected by the issue.
Ford is making substantial changes to the Escape crossover, giving the exterior a more rugged, upscale look, and adding safety technology from more expensive vehicles. The 2017 Escape gets a redesigned interior and two new four-cylinder EcoBoost engines, both of which come packaged with stop-start to improve fuel efficiency.
The UAW said today that it has re-entered talks with General Motors on the terms of a tentative four-year labor contract to resolve concerns of skilled-trades workers, who voted down the deal last week despite approval from an overall majority of GM’s union employees.
A top UAW official is recommending to the union's board that it ratify a tentative four-year agreement with GM, despite a “no” vote from skilled-trades workers, according to two people familiar with the matter.
Volkswagen of America will offer $500 to owners of 2.0-liter diesel vehicles with illegal emissions test-rigging software, part of a “goodwill” package aimed at calming customers affected by the company's deception.
Cadillac's new XT5 midsize crossover is lighter and roomier than the outgoing SRX, the first of four new crossovers planned in coming years to fortify Cadillac's patchy lineup. The replacement for the SRX, Cadillac's top-selling nameplate, the 2017 XT5 will be powered by the all-new V-6 engine introduced this year in the ATS and CTS.
U.S. light-vehicle sales, behind strong truck demand, bigger deals and double-digit gains at Hyundai-Kia, GM, FCA, Ford, Toyota, Nissan and Subaru, rose 14 percent last month to 1.455 million, putting the industry on track to set an annual record in 2015. The annualized sales rate, 18.23 million, came in just above September's 18.17 million pace.
Volkswagen's emissions scandal deepened on Monday when the U.S. EPA said several additional models from the automaker, including Audi and Porsche nameplates, contained illegal software that masked higher emissions than allowed by U.S. regulations.
Fiat Chrysler Automobiles reported a net loss of $331 million in the third quarter despite a strong performance in North America and recoveries in Europe and Latin America. The loss stemmed largely from a $667 million charge to reflect the “current regulatory and recall environment.”
Three years after pulling the plug on the rotary-powered RX-8 sports car, Mazda hints it hasn't given up on the peculiar engine design that gave the brand some of its grandest successes. The company's latest concept is a low-slung sports car called the RX-Vision powered by a next-generation rotary engine called the Skyactiv-R.
Ford had its best-ever quarter in North America and more than doubled its global earnings from a year earlier as redesigns of the F-150 and other high-profit nameplates began to pay off. Ford posted third-quarter net income of $1.9 billion, up from $833 million in the same period of 2014. It earned a pretax profit of $2.7 billion in North America.
The executive who served as the face of Fiat Chrysler in its latest travails with U.S. safety regulators and Congress will retire next month. Scott Kunselman, 52, FCA's senior vice president of vehicle safety and regulatory affairs, will retire Nov. 30 after 30 years with the automaker and its corporate predecessors, the company said today.
The UAW and GM reached a tentative agreement late Sunday on a four-year labor contract just before a union-imposed midnight deadline, wrapping up a short but intense bargaining session and defusing for now any chance of a strike.
The UAW said it will pivot to General Motors for its next round of bargaining following Fiat Chrysler Automobiles workers' ratification today of a new four-year contract. The UAW "will pursue a contract for UAW-GM members in the next round of Big Three bargaining as negotiations continue at Ford," the union said in a statement.
UAW-represented workers at Fiat Chrysler Automobiles approved a new four-year agreement with the carmaker after negotiators revised a rejected, earlier deal that failed to provide a pathway for entry-level Tier 2 workers to achieve full pay. The final count was 77 percent in favor, the union said in a statement today following two days of voting.
VW Group's designated North America chief, Winfried Vahland, will leave the automaker due to differences of opinion over VW's U.S. strategy, VW's Skoda unit said today. Vahland had led Skoda since 2010.
The Fiat Chrysler executive who, until last week, was overseeing the struggling Fiat brand in North America, has resigned. Jason Stoicevich, 36, resigned Oct. 7, Automotive News has learned. An FCA spokesman confirmed the resignation, which had not been announced, this morning.
The UAW and Fiat Chrysler reached another tentative agreement on a new labor contract early this morning, averting a threatened strike that could have sent some or all of FCA's 40,000 unionized workers off the job.
Volkswagen withdrew its application for EPA certification for 2016 models with 2.0-liter diesel engines until they comply with U.S. emissions standards. Without EPA certification, the cars can't be sold, which means there could be a longer wait for certain diesel models.
The UAW notified Fiat Chrysler that it will cancel contract extensions under which 40,000 unionized workers have been working since Sept. 14 and could go on strike. The union set a “strike deadline” of 11:59 p.m. ET Wednesday, though it's unclear if a walkout would be nationwide or target select plants.
Fiat Chrysler has shuffled its North American upper management, giving more responsibility and brands to Dodge boss Tim Kuniskis and Jeep head Mike Manley. North American sales chief Reid Bigland also gets a larger role, taking over fleet sales.
Saad Chehab -- Maserati's global chief marketing officer and the creative force behind several of Fiat Chrysler's celebrated Super Bowl ads -- has resigned. Chehab, 48, resigned Sunday afternoon for personal reasons, according to a source familiar with the move.
Ford canceled a planned overtime shift this weekend at its F-150 plant in Missouri, where workers threaten to strike as soon as Sunday, and is diverting frames for the pickups to its other F-150 plant in Michigan to minimize the consequences of a work stoppage. Ford has also added mandatory overtime shifts at the Michigan factory.
Volkswagen of America finished a scandal-ridden month with roughly flat U.S. sales, defying forecasts that a mid-month halt to diesel vehicle sales and a black eye to its brand image would hammer its September results.
Fiat Chrysler Automobiles has found “significant” under-reporting of deaths and injuries possibly linked to safety defects in its vehicles, the National Highway Traffic Safety Administration said today.
Volkswagen named Porsche boss Matthias Mueller CEO and tapped Skoda chief Winfried Vahland to oversee a newly created North American business unit in a sweeping overhaul triggered by the company's diesel emissions scandal. Michael Horn, strongly defended by U.S. dealers, will remain head of VW in the United States.
Volkswagen CEO Martin Winterkorn resigned today, taking responsibility for the company's rigging of U.S. diesel emissions tests, a scandal that has widened in recent days, slashed the automaker's market value and rocked the auto industry. VW's supervisory board will consider successors at a Friday meeting.
A proposed class-action lawsuit filed today alleges that Volkswagen and a Florida dealership deceived customers about the performance of the diesel-powered vehicles at the center of the German automaker's emissions scandal.
VW and Audi sold about 482,000 diesel models with illegal emissions control software to make the cars appear cleaner in testing than they are in the real world, the EPA charged in ordering a recall of the vehicles.
Daimler AG will invest $1.3 billion at its Alabama plant to boost production of Mercedes-Benz SUVs, creating an additional 300 jobs. The expansion of the factory, which has built Mercedes vehicles since 1997, is geared toward developing the company's next generation of SUVs.
A tentative labor agreement between Fiat Chrysler and the UAW would move U.S. car production to Mexico and concentrate pickup, SUV and crossover production in the U.S., Automotive News has learned. According to sources, production of the Ram 1500 pickup would move from Warren Truck to Sterling Heights Assembly during the proposed four-year pact.
Honda, borrowing from the playbooks of Europe's top luxury compacts, has overhauled the Civic from top to bottom in a bid to re-establish its small-car chops. The redesigned Civic will offer a Christmas list of high-end features and engineering specs that are rare for its class.
The UAW has chosen Fiat Chrysler as its target to set the pattern for a contract deal before turning to GM and Ford. FCA, the most financially challenged of the Detroit 3, could become a strike target if the two sides cannot arrive at an agreement.
A broad group of automakers have agreed in principle to equip all their new vehicles with automatic emergency braking technology as a standard feature in the near future. The group includes Audi, BMW, Ford, General Motors, Mazda, Mercedes-Benz, Tesla, Toyota, Volkswagen and Volvo.
Jaguar is lowering its prices and rolling out free scheduled maintenance in the United States to remove what customers cite as key reasons consumers reject the British brand: high purchase and maintenance costs.
Fiat Chrysler has decided to keep making the Jeep Wrangler in Toledo, Ohio, move production of the Jeep Cherokee to a nearby state and build a Jeep pickup. The news comes after 11 months of uncertainty about the fate of Wrangler production in its historic home.
Monthly U.S. auto sales are expected to fall for the first time in 19 months in August, but analysts say it's a blip caused by a later-than-usual Labor Day rather than a softening of consumer demand. Still, that could be enough to halt Fiat Chrysler Automobiles' streak of consecutive year-over-year gains after 64 months.
Fiat Chrysler dealers meeting in Las Vegas on Tuesday were wowed by a parade of new products coming to their dealerships, including a Dodge Barracuda convertible and a swoopy next-generation Dodge Charger said to resemble a popular 1999 concept designed by Tom Gale.
Ford is in discussions with the UAW about bringing the Ranger midsize pickup and Bronco SUV back to the U.S. market, according to media reports and a person with knowledge of the talks. The company is considering a plan to build the vehicles at Michigan Assembly Plant near Detroit after production of the Focus and C-Max ends in 2018, the source said.
Toyota's redesigned Prius is still weeks away from its global debut, but new spy photos captured this week give the clearest look yet at the fourth-generation hybrid. Caught during a photo shoot in Malibu, Calif., the latest shots reveal the dramatic front and rear design of the 2016 Prius, set to debut in Las Vegas on Sept. 8.
After reports this week of a ruptured Takata airbag in a Volkswagen vehicle, two U.S. senators today called on Japanese airbag manufacturer Takata to immediately recall all vehicles containing the company's airbags. U.S. Sens. Richard Blumenthal and Edward Markey said their move was prompted by an incident in June, in which a Takata airbag inflator in a 2015 VW Tiguan ruptured after a collision
Dealertrack Technologies has moved to clear a regulatory impediment to its merger with Cox Automotive by agreeing to sell its inventory-management software business to DealerSocket for $55 million in cash.
Audi issued a teaser picture and some details of an all-electric SUV that it will launch to rival the upcoming Tesla Model X. The SUV will have a range of more than 310 miles and will go into production in 2018 as the brand's first volume electric car, Audi said.
Toyota said today more than 50 of its employees were injured by Wednesday night's explosions in the Chinese port of Tianjin that killed 56 people. Several other automakers including Volkswagen and Hyundai scrambled to assess damage to their cars and facilities at China's largest auto import hub.
Dean Evans, who managed the feel-good advertising at Subaru from 2011 to 2014 and pushed the automaker to concentrate more strongly on digital marketing, has been hired by Hyundai as its U.S. marketing chief.
After a follow-up test, the Insurance Institute for Highway Safety said Ford "shortchanges" some buyers of its redesigned 2015 F-150 pickups by equipping certain models with protective steel bars while leaving them off others. In response, Ford said it will add "countermeasures" to improve crash-test performance.
TrueCar and Sonic Automotive reached a settlement in TrueCar's lawsuit against the dealership group over trademark infringement. As part of the deal, Sonic agreed to transfer to TrueCar all rights to and use of its True Price, True View and all other True-related marks. Sonic also will lift a ban on using TrueCar at its dealerships.