Headlines for

» Latest print issue
Quick search (past 7 days):
- or -
Choose a date:


Use the form on the right to select a specific day >>

image

Ford to cut Fiesta output in Germany as Europe demand cools

Ford said it will cut production of its Fiesta subcompact at its plant in Cologne, Germany, in the fourth quarter because of slowing demand in some of the region's key markets. Read More »

image

BMW extends CFO Eichiner's contract until 2017

BMW will extend the contract of 59-year-old Chief Financial Officer Friedrich Eichiner by another two years, a change by the company which has until now forced its board members to retire at 60. Eichiner's contract was due to expire next year. Read More »

image

Fiat will source a midsize truck from Mitsubishi

Fiat Chrysler will source a pickup for Europe and Latin America from Mitsubishi. The automakers today signed an interim agreement to develop and manufacture a midsize pickup based on the next Mitsubishi L200. Read More »

image

2014 Eurostar winner Gregoire Olivier

The executives chosen as 2014 Automotive News Europe Eurostars rose above the rest by pushing their companies to new heights. PSA Operational Director for China Gregoire Olivier is this year's winner for Emerging Market Executive. Read More »

image

Lotus plans to cut up to 325 jobs to reduce losses

UK sports car maker Lotus said it plans to cut as many as 325 jobs, a quarter of its workforce, as it seeks to reduce losses. Read More »

ZF net debt seen at $11 billion after TRW deal, report says

ZF's net debt will rise to about 8.5 billion euros ($11 billion) -- about 2.4 times core earnings -- after it buys rival TRW, a banker familiar with the deal said. Earlier this week, ZF agreed to buy TRW for $13.5 billion including debt. Read More »

image

VW's German workers will seek above-inflation pay hike

VW's German workers will push for above-inflation pay increases next year, even as the carmaker seeks to cut costs and boost flagging profitability in its core division, the IG Metall labor union said. Read More »

image

Fiat Chrysler locates new HQ in London's West End

Fiat Chrysler will locate its new global headquarters in St James's Street in London's West End, near Buckingham Palace. London is neutral territory between the Italian carmaker's former HQ in Turin and Chrysler's historic association with Detroit. Read More »

House bill proposes tougher auto safety rules

House Democrats introduced another bill Thursday to toughen federal auto safety laws after the National Highway Traffic Safety Administration came under more criticism by U.S. lawmakers this week for its handling of the General Motors ignition switch recalls. Read More »

image

Extended Play: NHTSA's Friedman in hot seat

Read More »

image

CFPB's latest guide on discrimination falls short, auto lenders, dealers say

Auto lenders and dealers are largely disappointed with a long-awaited report by the Consumer Financial Protection Bureau that outlines the bureau's method for finding discrimination in auto loans. Read More »

image

7 Japanese supplier execs indicted in price-fixing scheme

A federal grand jury in Detroit has indicted seven executives from Japanese auto suppliers Mitsubishi Electric and Hitachi Automotive Systems for their alleged roles in a conspiracy to fix auto parts prices, the Justice Department said today. Read More »

image

China's Wanxiang to relaunch Fisker Karma with 2012 design, report says

Chinese auto parts producer Wanxiang Group, which bought electric car pioneer Fisker Automotive from bankruptcy, is accelerating the relaunch of Fisker's Karma hybrid luxury car by using a design from the company's last year of production, people close to the companies said. Read More »

Alabama steel plant's new owners pledge more supply

North American auto plants soon should see an improved and greater supply of the high-strength steels needed to reduce vehicle weight and improve fuel economy, thanks to a change in ownership earlier this year of an advanced steel-finishing plant near Mobile, Ala. Read More »

image

NADA calls on CFPB to accept dealer group's anti-discrimination approach

The National Automobile Dealers Association called on the Consumer Financial Protection Bureau to recognize NADA's Fair Credit Compliance Policy & Program as a valid way to avoid discrimination, at a CFPB hearing today in Indianapolis into auto-lending practices. Read More »

image

Warren Buffett is bullish on GM, Detroit

Billionaire investor Warren Buffett said today he is bullish on Detroit and General Motors -- and said he's impressed with CEO Mary Barra. Read More »

image

AutoNews Now: Keeping watch over captives

U.S. takes aim at 'silent pickpocket of discrimination'; Fiat Chrysler's London digs; when Leafs get lucky? Read More »

image

Calif. grants 29 permits to test self-driving Lexus, Mercedes, Audi cars

California issued its first 29 permits this week to three companies to test self-driving cars on public roads, state officials said today. Read More »

image
RICHARD TRUETT:

Why Toyota punted on a V-6 in the Tundra for '15

It's rare when Toyota admits defeat and folds -- especially when it comes to engines and fuel economy. But that's what happened last week when Toyota introduced the 2015 Tundra pickup and revealed that the big truck would be available only with V-8 engines. Read More »

image

Lotus may cut workforce 27% in restructuring

Group Lotus, the maker of exotic British sports cars, may reduce its workforce by 27 percent to cut costs. As many as 325 of the 1,215 people employed at the company could lose their jobs as the manufacturer restructures, Lotus said Thursday. Read More »

image

ZF's Sommer sees more acquisitions beyond TRW purchase

ZF, which agreed to buy TRW Automotive Holdings for $13.5 billion including debt, sees a need for more acquisitions as even the largest auto suppliers seek size and technology. Read More »

image

Hyundai Motor's record $10 billion bid for trophy property alarms investors

Hyundai Motor Group will pay a record $10 billion for the site of its new headquarters in Seoul's high-end Gangnam district, out-bidding Samsung Electronics and sparking investor concerns that it is wasting cash on a trophy property. Read More »

GM recalling natural gas-powered vans due to possible leak

General Motors will recall about 3,200 vans powered by natural gas because of the possibility of a gas leak that increases the risk of a fire, the automaker said today. Read More »

image

Fiat Chrysler's new HQ will be a short stroll from Buckingham Palace

Fiat SpA will locate its new global headquarters in London's West End, opting for the most expensive office district in the world. Read More »

image

First Shift: From Lear to Detroit 3?

Canada labor chief on ending 'two-tier' wages; Hyundai's 'trophy' buy; CFPB finds loan bias; more Tacomas; self-driving milestone. Read More »

image

Bentley adds models in Korea on rising ultraluxury demand

Bentley is adding new models in South Korea as the brand sees increased competition for ultraluxury cars in the market. The automaker says its dealership in Seoul has seen a 133 percent jump in deliveries so far this year. Read More »

image

Mercedes opts for cloud-computing setup to protect data from hackers

Mercedes is using a cloud-computing setup to protect data generated by vehicles as the industry moves toward driverless cars. Automakers are looking for ways to stop hackers from gaining information or even hijacking vehicles by remote control. Read More »

image
2014 PARIS AUTO SHOW:

SsangYong set to join expanding subcompact SUV segment

SsangYong will preview two subcompact SUV concepts in Paris next month, ahead of the launch of a production model, the X100, next year. SsangYong is the latest automaker to join the fast-growing small SUV segment. Read More »

image
2014 PARIS AUTO SHOW:

Toyota concept previews new crossover

Toyota will unveil the C-HR concept at the Paris auto show. The concept previews a potential new entry in Europe's booming crossover segment. Read More »

image

Lear contract first step in eliminating two-tier wages, Canadian union chief says

The head of Canada's largest auto worker union said a tentative UAW contract ending two-tier pay disparity at a Lear seat plant in Indiana was the first step in eliminating the practice at Detroit 3 plants in the United States. Read More »

image
CAR CUTAWAY:

Magna Powertrain helps Mercedes GLA stay on track

Magna Powertrain supplies the all-wheel-drive system for the new Mercedes-Benz GLA. The supplier eliminated seal rings and bearings in the system to reduce drag by about 14 percent and decrease weight by more than 2kg. Read More »

image

2014 Eurostar winner Didier Leroy

The executives chosen as 2014 Automotive News Europe Eurostars rose above the rest by pushing their companies to new heights. Toyota Europe CEO Didier Leroy is this year's winner for European Operations CEO. Read More »

image

AutoNews Now: Losing weight by keeping steel

In study, pickup sheds 383 lbs. without going aluminum; sales up again in Europe; Ford tech-sharing; a Toyota for gamers. Read More »

image

Audi claims first California autonomous driving permit

Volkswagen's Audi unit is the first automaker to receive an autonomous driving permit in California, as new laws in the state governing the process went into effect on Tuesday. Read More »

image

Ford seeks younger Mustang buyers with tech features

The 2015 Ford Mustang arrives in dealerships next month as Ford's most technology-laden pony car yet. The fastback model will arrive first, followed by the convertible later in the fall. Read More »

image

First Shift: 'Silos, firewalls' at GM

But NHTSA could have done more to stem crisis, boss says; CFPB to oversee captives?; how GM trucks outsold F-Series. Read More »

image

Toyota to boost Mexico truck plant capacity by 41%

As Toyota ponders its first full assembly plant in Mexico, it plans to boost capacity at its existing factory there almost 40 percent to feed demand for trucks. Read More »

image
LINDSAY CHAPPELL:

Scrap Nissan's Leaf battery plant? Hardly

News broke this week that Nissan and Renault are debating the future of their electric-vehicle battery technology sourcing. Frankly, it would be bigger news if the two automaker partners weren't debating it. Read More »

image

CFPB finds discrimination in auto lending at banks, looks to oversee captives

The nation's consumer finance regulator found discrimination against minority borrowers at several unnamed banks tied to dealer discretion in setting dealer reserve, the share of the customer's interest rate that dealerships earn for negotiating a finance contract. Read More »

image

CFPB to shed light on identifying protected classes

The Consumer Financial Protection Bureau is due to issue a white paper soon -- perhaps even this week -- that spells out in greater detail exactly how the bureau determines which consumers belong to legally protected classes of borrowers -- technical details that can ultimately have a big impact on... Read More »

image

Tesla argues New Jersey regulators can't stop direct sales

Tesla Motors, in a court filing submitted Tuesday, argued that New Jersey regulators have no authority to shut down direct sales at the electric-vehicle maker's stores in the state. Read More »

image

Exeter CEO sees steady growth of 15-20%

Exeter Finance, a subprime auto-financing specialist, should post “just steady growth” of 15 to 20 percent a year, CEO Mark Floyd says. Read More »

image

Guardian automotive glass units to be acquired by Japanese supplier

Japan's Central Glass Company has agreed to purchase the outstanding shares of two automotive units of Guardian Industries, a longtime Detroit area automotive glass supplier with roots dating to the 1930s. Read More »

Latest digital edition
Digital Edition Archive
Table of Contents
 Automotive News
Special Report
Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, Ray and Rik Fregia are seeing sales boom after million-dollar overhauls at their three stores. Mon., September 15
» Watch the Video
     
News by Brand


Rocket Fuel