Cars.com will buy DealerRater to create review giant
Third-party shopping site Cars.com will buy DealerRater -- a platform where consumers can write reviews about salespeople, dealerships and service shops -- creating what Cars.com says will be the largest dealer-review forum in the industry.
Renault cuts Ghosn's bonus by 20 percent
Renault has cut the bonus of CEO Carlos Ghosn by 20 percent following pressure from ...
PSA unveils record first-half earnings, downplays Brexit impact
PSA unveiled record first-half profits on productivity gains and a European market rebound. The automaker said its operational margin resisted sterling's fall against the euro after the UK voted to
FCA boosts 2016 profit target as Jeep fuels Q2 rise
Fiat Chrysler Automobiles raised its 2016 profit forecast after earnings in the second quarter rose 16 percent on robust demand for Jeep SUVs.
Look beyond payment when structuring leases
Monthly payments have become a significant factor in customers’ financing decisions. But dealers should look beyond the monthly payment to offer customers the best lease deal.
Ferrari, Altair Product Design team up for next-gen vehicle platform
Ferrari is teaming up with longtime design, engineering and software partner Altair Product Design to create the company’s next-generation vehicle platform.
Mercedes challenged over 'Drive Pilot' TV ad
Consumer and auto safety advocates have called on the FTC to investigate Mercedes-Benz over a TV commercial for the 2017 E-class, saying the ad could mislead consumers by overstating the capability
Nissan profit declines 9% as stronger yen hits earnings
Nissan reported a 9.2 percent slide in global operating profit in the latest quarter as foreign exchange losses bit hard into earnings.
NextGear Capital will finance vehicle purchases at CarMax auctions
NextGear Capital will finance dealers' purchases of used vehicles at CarMax's 68 auction locations starting Aug. 8.
Mercedes plans electric heavy truck in about 5 years
Mercedes outlined plans to start selling an electric heavy-duty truck, a week after Tesla's initial sketch on battery-powered commercial vehicles failed to impress investors.
Could Trump expose another UAW disconnect?
UAW President Dennis Williams faces another potential headache less than a year after a contentious contract ratification process with the Detroit 3: Donald Trump.
Toyota, Mitsubishi, Volvo improve the most in J.D. Power APEAL Study
Toyota, Mitsubishi and Volvo had the largest improvements among brands with more than one nameplate in J.D. Power's latest study of new-vehicle appeal, while Porsche paced the industry for the 12th
Elon Musk says it's 'pencils down' for Tesla's Model 3
Tesla CEO Elon Musk said the final designs for Tesla's $35,000 electric Model 3 were locked up two weeks ago, and the company is moving forward on schedule to start producing them next summer. That
First Shift: Grand jury probes FCA sales
FCA dealers subpoenaed in sales probe; Nissan and Mitsu profits slide, FCA rises; UAW: Clinton open to NAFTA changes; Tesla-Mobileye split; Snyder: Service nirvana.
Valeo first-half profit rises 23% on intuitive driving, low-emissions tech
Valeo reported a 23 percent rise in first-half profit as its intuitive driving and fuel-saving technology outpaced broader automotive industry growth in key markets
Federal-Mogul posts higher Q2 profit despite aftermarket, currency setbacks
Diversified supplier Federal-Mogul posted a $31 million profit in the second quarter, up 41 percent from the year-earlier period, driven by a gain in its powertrain unit.
UAW blasts Renault-Nissan for denying French lawmaker a meeting
The UAW criticized the Renault-Nissan Alliance after it turned down a meeting with a member of the French parliament at its Canton, Miss., plant, which the UAW hopes to unionize.
Superior Industries more than doubles Q2 net income
Aluminum wheel supplier Superior Industries International more than doubled its net income in the second quarter from a year earlier, a gain the company attributed to higher shipments and increased
GM, aiming for strong 2016 finish, to hike truck output
General Motors will boost production of pickups and SUVs in time for the traditionally brisk fall truck market, a top GM executive said Wednesday.
Mitsubishi Motors' Q1 operating profit tumbles 75% after mileage-cheating scandal
Mitsubishi Motors reported a 75 percent plunge in fiscal first-quarter operating profit as domestic sales slumped after it admitted to overstating the fuel economy of some of its vehicles.
Asbury Q2 net income falls 11%
Asbury Automotive Group's net income in the second quarter dropped 11 percent to $36.7 million, the company said today as both new- and used-vehicle sales dropped. Revenue dipped 4 percent to $1.627
A case for the spare tire’s return
Our safety may depend, legislatively, on correcting the weight-slashing, overzealousness that has eliminated spare tires from many new cars.
Porsche to skip 2017 Detroit auto show
Porsche will skip the Detroit auto show next year as part of plans to focus on trade shows in New York and its most important U.S. market for sports cars, Los Angeles.
AutoNews Now: FCA: Sales win streak ended in '13
FCA revises sales reporting, streak ended in '13; End near for Dart, 200?; VW buyback plan gets early OK; Report: Tesla driver speeding; Cadillac XT5 strategy; Toyota's '18 entries.
Faurecia lifts 2016 profit guidance after strong first half
Faurecia raised its full-year guidance after reporting a stronger first-half performance in Europe. Operating income rose to $539 million, the French supplier said.
FCA earmarks $1.5 billion to build Ram 1500 pickups at Chrysler 200 plant
Fiat Chrysler will invest $1.48 billion to convert its Sterling Heights Assembly plant in suburban Detroit from unibody to body-on-frame construction to build the next-generation Ram 1500 pickup. The
Hyundai Q2 profit slips 2.6%; tougher U.S. market, Brexit hit forecast
Hyundai's quarterly profit slipped 2.6 percent percent to $1.46 billion, the 10th consecutive decline. Shrinking demand for its sedans in the U.S. hit earnings. Hyundai also said the U.K.'s Brexit
Clinton, if elected, plans to renegotiate NAFTA, UAW chief says
UAW President Dennis Williams said Democratic presidential candidate Hillary Clinton has assured him she would renegotiate the North American Free Trade Agreement if she is elected president. The UAW
Sonic Automotive's Q2 net income surges 54%
Sonic Automotive's adjusted net income surged 54 percent in the second quarter to $22.8 million, largely on cost controls, as revenue and new-vehicle unit sales fell.
Mobileye says Tesla contract won't be extended; tech supplier posts 76% gain in Q2 profits
Mobileye NV, an Israeli maker of driving-assistance chips and software, posted a surge in second-quarter earnings and revenue, but said its contract with Tesla would not be renewed after it expires.
Audi prices A4 allroad from $44,950
When the 2017 Audi A4 allroad reaches dealership lots this fall, it will start at $44,950, including a $950 shipping charge. The A4 allroad, the second wagon in Audi's U.S. lineup, is powered by a 2.
Daimler's mytaxi will merge with Hailo to take on Uber in Europe
Daimler's mytaxi said it will merge with British rival Hailo, creating Europe's largest smartphone-based taxi-hailing business.
FCA restates U.S. sales, says winning streak ended 3 years ago
Fiat Chrysler is changing the way it reports monthly U.S. sales to make the process more transparent, and as a result of the change, said its 75-month sales streak actually ended at 41 months, in
Fairlane Ford dealership porter killed in parking lot incident
A porter at Fairlane Ford in suburban Detroit died after he was pinned in between two trucks Tuesday morning. The Dearborn Police Department said other dealership employees found the man around 7 a.m.
Cars.com will buy DealerRater to create review giant
Third-party shopping site Cars.com will buy DealerRater -- a platform where consumers can write reviews about salespeople, dealerships and service shops -- creating what Cars.com says will be the
Hyundai preps hot-hatch version of Elantra for U.S.
Spy photos signal Hyundai's performance division is close to fielding its first production model for the U.S. The 2018 Elantra GT N features a lower profile and sportier styling than the standard
Porsche will create 1,400 jobs for Tesla-fighting sports car
Porsche has raised the number of jobs it will create to produce its first all-electric car to more than 1,400 from 1,000.
Tesla Model 3 could generate $20 billion in annual revenue, Musk says
Tesla CEO Elon Musk said the company's Model 3 could generate $20 billion in revenue per year and an annual gross profit of about $5 billion.
U.S. report says Tesla driver speeding in fatal Autopilot crash
A driver killed in the May 7 crash of a Tesla Motors car while using Autopilot driving-assist software was speeding, U.S. highway safety investigators said on Tuesday in a preliminary report that did
Federal grand jury probes FCA's U.S. sales
Some of Fiat Chrysler's U.S. dealers have begun receiving subpoenas to provide documents and or testimony to a federal grand jury in Detroit as part of a probe into the company's sales reporting
So sorry about your analysis
FCA US’ move to revise the methodology it has used to report U.S. sales for 30 years and restating monthly results since January 2011 is unsettling.
First Shift: Cars.com buying DealerRater
Cars.com buying DealerRater; Hyundai profit falls on sedan slump; 'Creating the future' is GM exec's focus; Daimler taxi deal; Porsche raises job projection.
'17 Ford Raptor pricing to start at $49,520
Pricing for the 2017 Ford F-150 Raptor SuperCab will start at $49,520, including shipping, giving Ford another opportunity to drive average transaction prices higher for the F series, the top-selling
Higher GM, Volvo shipments to U.S. boost Chinese vehicle exports
China's light-vehicle exports rose 13 percent in June as GM and Volvo boosted exports to North America.
VW diesel emissions settlement approved by U.S. judge
A federal judge granted preliminary approval for a $10 billion settlement in which Volkswagen AG will offer to buy back up to 475,000 polluting 2.0 liter diesel-powered vehicles.
JLR is working on connected-car technologies that work regardless of terrain with the goal of reducing driver stress, accidents and injuries. No word yet on when these will debut.
First Shift: '17 Fords to get Apple, Android
'17 Fords to get Apple, Android; Sources: FCA sales-reporting practices uncovered in 2015 review; GM rethinks India spending; VW tries new way to name crossover; Rosekind's plea.
No auctions for this used-car manager
A pre-owned sales manager at a Buick-GMC dealership in Ohio pays staffers $200 when they find the vehicles he wants.
Toyota plans to deliver a more dynamic future
Years of planning are now bearing fruit as Toyota puts more of its vehicles on the new global modular architecture that debuted on the fourth-generation Prius for 2016.
How Honda's purchase got found out by Porsche
When Honda's Acura NSX development team bought a rival supercar, the other company took notice.
Wolfsburg allows 'American-style name' for new crossover
Hinrich Woebcken, head of the Volkswagen brand's new North American Region, says he sees early signs that headquarters in Wolfsburg is willing to give the region more autonomy.