Spanish supplier Gestamp to invest $158.7 million in U.S.
Gestamp plans to invest $158.7 million into its Michigan operations. Gestamp supplies parts for automotive doors and bumpers to Ford, GM and Fiat Chrysler.
Bob Lutz blasts Tesla, Musk, compares followers to a 'religious cult'
Former General Motors Vice Chairman Bob Lutz, appearing on CNBC earlier today, ...
Bob Lutz blasts Tesla, Musk, compares followers to a 'religious cult'
Former General Motors Vice Chairman Bob Lutz, appearing on CNBC earlier today, blasted Tesla CEO Elon Musk -- and his followers. "Tesla supporters are like members of a religious cult," he told the
Spanish supplier Gestamp to invest $158.7 million into Mich. operations
Gestamp North America Inc. plans to invest $158.7 million into its Michigan operations. The subsidiary of Madrid, Spain-based Gestamp Automoción SL plans to expand its plants in Chelsea, Mich., and
Audi pilots corporate car-sharing fleet in latest mobility push
Audi of America is expanding its mobility services with a national corporate car-sharing fleet service it plans to roll out next year, the company said today. Called Audi Shared Fleet, the service is
Auto industry cyber security group hires Boeing veteran
The organization that automakers in the U.S. created to cope with cyber security threats said today it has hired a former Boeing executive as its leader.
Federal-Mogul posts Q3 gains as Icahn offer remains pending
Federal-Mogul the diversified auto supplier that billionaire investor Carl Icahn is aiming to take private, today said it posted $15 million in third-quarter net income, up from a $63 million loss a
Audi quits Le Mans to focus on electric car racing
Audi will end its involvement in Le Mans next year after almost two decades to focus on racing electric cars. The move marks a shift in strategy as parent company Volkswagen Group battles to recover
Penske Automotive Q3 net rises 1.1% to $88.5 million
Penske Automotive's third-quarter net income rose 1.1 percent as gains in gross profit margins in the U.S. for new and used vehicles were offset by foreign exchange-related losses and lower global
AutoNews Now: OnStar's Big Blue move
OnStar's Big Blue move; Audi pulls out of Le Mans; Subaru, Ford recalls; LG to challenge Tesla in energy storage; Mercedes powers up E class; This driverless truck's for you.
Amid industry turmoil, 'Thank God for F&I'
Front-end margins are tightening, dealership-automaker relationships are on edge, and regulators are more stringent. Amidst all that, dealers love F&I.
Hyundai net income falls 11th straight quarter as strikes cut production
Hyundai posted a drop in quarterly profit after labor strikes hurt domestic production and a stronger currency eroded repatriated earnings. Operating profit declined 29 percent to 1.07 trillion won
First Shift: Scion says 'sayonara'
Scion says 'sayonara'; Hyundai profit drops; Toyota recalls 5.8 million vehicles; Takata names ethics chief; OnStar meets IBM's Watson; Asbury's Arkansas exit; Party cars?
GM to use IBM's Watson AI software for new OnStar Go service
General Motors and International Business Machines Corp. plan to combine IBM's artificial intelligence software Watson with the automaker's OnStar system in order to market services to drivers in
Subaru to recall 100,000 U.S. turbocharged vehicles for faulty pump
Subaru of America will recall about 100,000 vehicles equipped with turbocharged engines over increased risk of a fire. A faulty relay controlling the secondary air injection pump in the turbocharged
Apple said to develop car operating system in BlackBerry country
Apple has dozens of software engineers in Canada building a car operating system, a rare move for a company that often houses research and development projects close to its Cupertino, Calif.,
Alfa will add a Giulia wagon to boost European sales
Alfa Romeo will launch a station wagon version of its Giulia sedan in Europe late next year to help boost sales of the key model, people briefed on the matter said.
Lear Q3 net income rises 18% to $214 million
Seating and electronics supplier Lear reported an 18 percent rise in third-quarter net income to $214 million as its sales reached new heights.
Toyota recalls nearly 1.5 million cars in Europe over Takata airbags
Toyota is recalling about 5.8 million cars worldwide, including 1.47 million in Europe, over potentially faulty airbag inflators made by Takata. The recall includes the Yaris and Corolla.
Nissan to stop making Mexican veteran Tsuru amid safety criticism
Nissan said today it will stop production in May of the Mexican-built Tsuru, an economical and hardy sedan beloved by taxi drivers but often sold without airbags and widely criticized for its poor
2017 Mini Cooper Countryman becomes biggest in brand history
While the next-gen 2017 Mini Cooper Countryman may have “Mini” on the hood, it’s actually the biggest vehicle in the brand’s history. Mini increased the 2017 model’s
Map provider Here forms partnership with Alibaba
Here, a major automotive provider of maps for onboard navigation systems owned by BMW, Mercedes and Audi, says it has formed a partnership with China's Alibaba to offer maps, traffic updates and
Germany's VW probe hasn't implicated leading execs, prosecutors say
German prosecutors investigating Volkswagen Group say they have a "fairly good" picture of how the diesel-cheating scandal evolved and that doesn't include any clear-cut link between the automaker's
AutoNews Now: Marchionne's profit margin mission
Marchionne's profit margin mission; Barra on autonomous cars: Safety first; VW diesel settlement gets final OK; Poor ratings for pickup-truck headlights; Benz pickup concept.
Refreshed 2017 Chevy Trax crossover gets a familiar face
The Chevy Trax has spent just a few years on sale in the U.S., but it's been largely unchanged since its global launch in 2013. That, well, changes for 2017.
The Mazda Miata and Fiat 124 Spider might point the way to a different type of platform sharing
The Fiat 124 Spider is a rare car. Not just because its U.S. sales (so far) are miniscule, but because it's better than the car that spawned it, the Mazda MX-5 Miata.
What people are saying about Lynk & CO 01
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. Here's a look at what people are saying about the
FCA buys 'peace on the farm' with Unifor deal, Marchionne says
The collective bargaining agreement Fiat Chrysler Automobiles signed with Unifor in early October is "relatively satisfactory" and keeps the automaker competitive in Canada, CEO Sergio Marchionne
Asbury plans to sell 4 stores in Arkansas
Asbury is getting out of Arkansas, a market which has underperformed for the company. The retailer is working on a deal to buy dealerships elsewhere that would be more profitable.
Asbury Q3 net drops 37 percent on lower sales
Asbury Automotive Group's third-quarter net income fell 37 percent to $32.4 million in part because of lower new- and used-vehicle sales, the company said today.
Audi A3's fwd version to get more powerful engine, new transmission
The entry-level Audi A3 compact sedan and convertible will get a new engine and transmission combo for the 2017 model year that offers more power and fuel efficiency than its predecessors.
Hyundai group execs to take 10 percent pay cut
Hyundai Motor Group said about 1,000 of its executives will take a 10 percent pay cut, the first such move in seven years at South Korea's second-largest conglomerate that shows the harsh impact of
GM's Q3 net more than doubles to $2.77 billion
General Motors today said its net income more than doubled to a third-quarter, post-bankruptcy high of $2.77 billion, as its focus on retail sales in the U.S. bolstered transaction prices. Despite
Fiat Chrysler Q3 adjusted earnings rise 29 percent, recall costs weigh
Fiat Chrysler Automobiles today reported adjusted earnings before interest and taxes of 1.5 billion euros ($1.63 billion) for the third quarter, up 29 percent, on flat revenues and despite some
Uber begins self-driving truck deliveries with 50,000 cans of Budweiser
Otto, the autonomous-truck company bought by Uber in August, completed its first self-driving shipment last week, transporting more than 50,000 cans of Budweiser to Colorado Springs, Colo., from Fort
Johnson Controls spinoff Adient to move headquarters from Milwaukee to metro Detroit
Johnson Controls spinoff and soon-to-be new public company Adient is doubling down in the Detroit area. The world's largest automotive seating supplier said it will transition its operational
VW's $14.7 billion court settlement over diesel vehicles approved by U.S. judge
A federal judge today approved VW'w record-setting $14.7 billion settlement with regulators and owners of 475,000 polluting diesel vehicles, and the German automaker said it would begin buying back
Mercedes plans two powerful E-class variants
Mercedes-Benz's latest E-class sedans went on sale in June and now the automaker has shed light on two high-performance variants. Both models, Mercedes said, are the most powerful E-class variants of
Bill Ford says future of cars is in Detroit, not Silicon Valley
Bill Ford is tired of hearing the future of cars belongs to Silicon Valley. Yet for years, the Apple and Google crowd have been telling him that only Big Tech can make driverless vehicles.
First Shift: GM, FCA post Q3 profits
GM earns $2.77 billion; Jeep helps FCA reverse Q3 loss; Make cybersecurity part of product planning, NHTSA says; Hyundai executives take pay cut; Continental's hands-free car keys.
Mercedes X class will target families, outdoor enthusiasts
Mercedes unveiled two concepts for its first pickup that will go on sale next year called the X class. The midsize vehicle will target families, outdoor enthusiasts and commercial customers in Europe,
Reynolds invests in online used-car trade network
Dealership software giant Reynolds and Reynolds has taken a minority, yet “significant” stake in the Appraisal Lane, a startup online used-car trade network.
Honda Clarity Fuel Cell sedan gets EPA-rated 366-mile range
The Honda Clarity Fuel Cell sedan received a U.S.-best EPA-rated driving range of 366 miles, the automaker said today. The Clarity Fuel Cell, set for a limited U.S. release this year, also received
NHTSA issues nonbinding guidance on auto cybersecurity
The National Highway Traffic Safety Administration released new guidance for how automakers should approach cybersecurity amid growing scrutiny prompted by high-profile vehicle hacks and the spread
Honda CEO on partnerships, plug-ins
Talk From the Top With Honda CEO Takahiro Hachigo
BMW reviving 8 series to fight Mercedes S-class coupe, sources say
BMW is reviving the 8 series, the big coupe built from 1989 to 1999, sources tell Automobilwoche, a German sibling publication of Automotive News.
Fields on auto-mobility transformation, EVs, and aluminum
Talk From the Top With Ford CEO Mark Fields
Proponents of driverless cars will need to answer these questions
There are millions of ways that flawed, messy, sometimes inconsiderate humans can mess up a perfectly good utopian scenario.
Buick becomes first U.S. brand to crack top 3 reliability rankings by Consumer Reports
Buick cracked into Consumer Reports' ranking of the top three most reliable brands -- a feat no American brand has accomplished since the organization began tracking brand performance in the
Jeep owner gets surprise from the junkyard
The redesigned 2018 Jeep Wrangler hasn't gone into production yet, but one man can already call himself an owner. Or at least could - partially.
Geely's Lynk plan calls for company-owned stores
Geely Automobile's new global brand, Lynk & CO, will mount a Tesla-like challenge to the U.S. franchised dealer system as it pushes for 500,000 annual global sales within five years.
China's LeEco gets logistics lesson at concept's event
LeEco unveiled an autonomous electric-vehicle concept called the LeSee Pro at a lavish event in San Francisco last week