Group 1's Q3 net falls 22% on soft energy, UK markets
Group 1 Automotive's net income fell 22 percent in the third quarter to $35.4 million, hurt by sales weakness in energy-dependent markets and soft sales in the U.K. following the Brexit vote to leave the European Union.
Tesla plans to equip new vehicles with self-driving hardware
After receiving scrutiny from regulators worldwide, Tesla Motors has ratcheted up ...
Nissan takes control of Mitsubishi with Ghosn as chairman
Carlos Ghosn officially folded troubled Mitsubishi into the Renault-Nissan alliance and put himself at the helm, with expectations for hundreds of millions of dollars in savings as his group joins an
Group 1's Q3 net falls 22% on soft energy, UK markets
Group 1 Automotive's net income fell 22 percent in the third quarter to $35.4 million, hurt by sales weakness in energy-dependent markets and soft sales in the U.K. following the Brexit vote to leave
Fiat Chrysler tech boss defends defeat-device claims before EU inquiry
Fiat Chrysler Chief Technical Officer Harald Wester defended the automaker before an EU inquiry against German government claims that its Fiat 500X diesel car cheated emissions tests.
Gentex posts 18% gain in Q3 net income
Mirror and electronics supplier Gentex saw its third-quarter net income climb 18 percent to $92.1 million as sales at its automotive unit increased. Gentex typically serves as a bellwether for
Volvo sees Microsoft HoloLens speeding up car development
Volvo says it is the first automaker to test Microsoft's HoloLens augmented-reality goggles as a tool. The technology could dramatically affect car development, which would help the automaker meet
VW targets $4.1 billion in cost cuts, report says
Volkswagen is targeting about 3.7 billion euros ($4.1 billion) of cost cuts at its core VW brand by 2021 as it wrestles with labor leaders over a turnaround plan, sources told Reuters. The targeted
Lithia’s Q3 net rises 25 percent on broad revenue gains
Lithia’s third-quarter net income rose 25 percent from a year earlier to $54 million, as revenue rose 8.9 percent to a third-quarter record $2.27 billion, the company said today.
Toyota's Corolla hits 50
On this day 50 years ago, Toyota sent out this press release: “The Toyota Corolla is a five-passenger vehicle from Japan that is positioned as the 'most accessible car' in the market.
Hyundai recalls 62,811 Sonatas for loose sunroofs
Hyundai Motor America is recalling 62,811 Sonata sedans from the 2015-16 model years because the panoramic sunroof can come loose from the car and fall into traffic.
AutoNews Now: Big players, big opportunities
Big players, big opportunities: Why Ghosn's betting on Mitsu; Geely takes stab at 'tough' U.S. market; Tesla sends self-driving safety message; 'Netflix of China' seeks a new stage.
Toyota to sponsor USA Today's new virtual reality show
Toyota is testing a new type of advertising by running the first commercial designed to be viewed within USA Today's new virtual reality program. The ad for Toyota's 2017 Camry will debut
First Shift: Ghosn brings Mitsubishi into fold
Ghosn to chair Mitsubishi as Renault-Nissan Alliance grows; Tesla to equip lineup with autonomous tech; Show goes on at LeEco; Geely unit plans SUV for U.S.; Mirror on technology.
Dana Q3 net income drops to $57 million
Dana, the longtime supplier of various drivetrain components, today reported net income of $57 million in the third quarter, down 52 percent from the year-earlier period as sales from its commercial-
Subaru prices redesigned 2017 Impreza $100 above outgoing car
Subaru, in a sign of ongoing weakness in the U.S. car market, is pricing the redesigned 2017 Impreza sedan and five-door just $100 above the outgoing 2016 model, despite a larger footprint and
China's LeEco stumbles out of gate with U.S. debut of autonomous car
Chinese technology company LeEco on Wednesday made an inauspicious entry into the race to develop self-driving electric cars when its prototype car could not make it down the runway during an
FCA to recall Jeep, Ram, Dodge vehicles in U.S.
Fiat Chrysler is recalling 182,743 Jeep Wranglers in the U.S. to fix potentially faulty wiring that may disconnect from the SUVs' impact sensors in a crash. The automaker is also recalling about 86,
Mini sees electric power as big plus for brand
Mini's first plug-in hybrid will be offered next year as the Countryman SUV, with an electric car following in 2019. Mini sees the fast acceleration that electric motors give to vehicles as helping
Ghosn set to add Mitsubishi chairman role, reports say
Renault-Nissan CEO Carlos Ghosn is set to become chairman of Mitsubishi Motors when Nissan takes a controlling stake in the smaller automaker, reports said. Ghosn, 62, has asked Mitsubishi Chairman
Tesla plans to equip new vehicles with self-driving hardware
After receiving scrutiny from regulators worldwide, Tesla Motors has ratcheted up its self-driving efforts by equipping all models with hardware that could enable fully autonomous driving.
BMW Films is coming back -- but does it matter?
When BMW Films debuted in 2001, YouTube didn't exist, Mark Zuckerberg was 17 years old and tweeting is what birds did. So why should people care that the luxury automaker is bringing BMW Films back
Embrace tools that help dealers, lenders relate
Equifax has introduced a new tool to help lenders gain market intelligence and better relate to their dealership partners. Without a direct connection, it acknowledges one of dealers’ top
First Shift: Ghosn to chair Mitsubishi, too?
Ghosn to chair Mitsubishi, too?; It's Volkswagen versus Audi in China; Nearly two-year wait for Tesla Model 3; Toyota's autonomous-car vision: A teammate behind the wheel.
VW suppliers keen to avoid disputes despite price squeeze
Volkswagen suppliers seem keen to avoid more disputes with the company even as they face growing pressure from the automaker to accept price cuts in the wake of its diesel-emissions scandal.
VW works council denies it has agreed to cost-cutting deal
Volkswagen labor leaders said they had not yet struck a deal with management on cost cuts at the VW brand, denying an earlier report in a German business magazine.
Google, automakers object to California rules for self-driving cars
Google and automakers objected to California proposals to set new, mandatory rules for testing self-driving cars in the state, which industry officials said could hobble their efforts in the home to
Geely's Lynk brand sets U.S. launch for 2018 with compact SUV
Geely Automobile's new global brand, Lynk & Co., will start sales of its first model, an SUV developed with Volvo Cars, in 2018 in Europe and the U.S. The upstart brand aims to keep a lid on vehicle
Online auto shopping plummeted during hurricane, study says
Vehicle online-shopping traffic plummeted nearly 60 percent in coastal cities such as Savannah, Ga., and Charleston, S.C., the weekend Hurricane Matthew traveled up the East Coast, research from
AutoNews Now: Toyota takes prize in truck loyalty
Toyota tops in pickup owner loyalty - study; Lear CEO: Why suppliers see need for speed; Wagoneer peek, Wrangler recall; Hurricane help from Nissan; Restoring Honda's first U.S. car.
First Shift: Ford idling production of F-150
Ford idling output of F-150, other models amid sales drop; VW's day in court; Bolt sales prediction; Honda China expansion; Infiniti mulls EV; Snyder: Fleeting way to boost share?
VW labor boss demands commitment to battery production, report says
VW should commit to investing in the development and production of batteries for electric cars, the automaker's works council chief Bernd Osterloh said. VW is said to be mulling an $11 billion
Lear seeks edge in seating, electronics with new Detroit design, innovation center
Lear CEO Matt Simoncini believes a new design and innovation center in downtoww Detroit will give the company an advantage as a supplier and designer of advanced seating and electronics technologies.
A peek at Jeep's Grand Wagoneer, next Wrangler
An attendee at a recent dealer meeting appears to have revealed the first public look at Jeep's upcoming Grand Wagoneer as well as confirmed how closely the redesigned 2018 Jeep Wrangler will stick
Dutch regulator weighs Tesla's use of 'Autopilot' name
The Dutch agency that approved Tesla's "Autopilot" driver assistance system for use throughout Europe is considering what action to take on the name after several German organizations said it could
VW said to seek final approval of U.S. emissions deal without agreed fix
Volkswagen Group is asking for a final sign-off on its $14.7 billion U.S. settlement with drivers caught up in its emissions scandal even as the automaker continues to seek regulators' approval for a
Audi to delay tech projects as it cuts costs, company insiders say
Audi will delay technology projects to cut costs, sources at the company said, as it grapples with parent Volkswagen Group's emissions scandal and the need for big investments in electric cars and
Is the Apple car shelved?
Those hoping to line up around the block to buy an Apple car after lining up around the block to buy an iPhone may have to wait ... forever.
Renault-Nissan creates tech division to accelerate mobility push
Nissan, aiming to parry rivals from Silicon Valley and emerge a leader in next-generation mobility, is forming a 300-person in-house startup division with French partner Renault to focus on software
Judge 'inclined' to approve VW emissions settlement with owners
A federal judge, indicating he's “strongly inclined” to do so, will decide by Oct. 25 whether to approve Volkswagen's $10.03 billion settlement with nearly half a million owners of diesel
Barra made Clinton's long working list for VP pick
General Motors CEO Mary Barra was listed among 39 potential candidates to be Hillary Clinton's running mate in a hacked email released today by WikiLeaks.
Safe bets, bloat and hockey sticks: The 2017 BMW 5 series and what people think
BMW has revamped the 5 series for the 2017 model year with many technical and communications systems borrowed from the 7-series bin. The new, slightly larger 5 series is set to go on sale in February.
Challenger T/A family aims to keep old rubber on sales road
Whether it’s born of marketing cunning or sheer necessity, Dodge has developed a decided talent for taking old stuff and making it seem new.
LG Chem expects GM to sell over 30,000 Bolts next year
LG Chem, a battery supplier for General Motors' upcoming Bolt electric vehicle, said today it expected the automaker to sell more than 30,000 of the cars next year.
A grown-up with edge: Honda's retooled CR-V and what people are saying
Honda's fifth-generation CR-V features more space, horsepower, refinement and, perhaps most importantly, a volume knob. Here's what people are saying about the 2017 Honda CR-V.
Tesla: New Model 3 orders to be filled starting in mid-2018
Tesla said buyers who place new orders for the Model 3 can expect to begin receiving deliveries as soon as mid-2018, with production starting as scheduled late next year.
AutoNews Now: Barra on leaked Clinton VP list
Barra made Clinton VP long list, leaked email says; Renault-Nissan forms startup unit; A solid role for virtual reality at Jaguar Land Rover; VW's missing diesel fix.
Continental cuts profit guidance on warranty cases, supply disruptions
German car components supplier Continental AG trimmed its profit forecast for the year, citing warranty cases and possible expenses for antitrust proceedings as well as supply disruptions following
No. 1 dealership connects workforce to combat turnover
A culture of training, transparency and togetherness is contributing to low employee turnover at Yark Subaru in Toledo, Ohio. The dealership has lost just one salesperson in three years – and
Dealer's recall policy proves his integrity
I am glad to see that Stewart's policy is shown as a "best practice" and hope other dealers will follow suit.
As Unifor-Ford talks kick off, workers scoff at pattern deal
Unifor President Jerry Dias was able to persuade General Motors and Fiat Chrysler to invest in Canada. Now the biggest remaining hurdle for the head of Canada's auto workers union may be Ford workers
Cybersecurity opens door to a new kind of automotive supplier
Emerging hacking cybersecurity threats have created a cybersecurity market that is expected to “grow exponentially” in the next seven years and could hit $759 million in revenue by 2023,