Geely takes aim at BMW, Mercedes with plans for sport sedan

7:56 am U.S. ET | April 20, 2015

Geely will display a concept sport sedan at the Shanghai auto show starting this week, developed by a team led by former Volvo Cars design chief Peter Horbury. The segment is dominated by models like the BMW 3 series and Mercedes-Benz CLS.... Read More »

PSA plans joint small-car platform with Dongfeng

April 20, 2015 06:01 CET

PSA will focus on two core platforms for its volume models including a small-car architecture that it will jointly develop with China's Dongfeng. PSA aims to reduce the number of its passenger-car platforms to two by 2022 from five now.... Read More »

LUCA CIFERRI

BLOG: Super-sized Shanghai more survivable than Frankfurt

5:22 am U.S. ET | April 20, 2015

The Shanghai auto show's new home is bigger than the fairgrounds used for the Frankfurt show, but it is less brutal on the body.... Read More »

RICHARD JOHNSON

BLOG: Piech's career battles will be his legacy

12:01 am U.S. ET | April 20, 2015

Ferdinand Piech started out his career with a pretty serious rivalry -- tangling with cousin Ferdinand "Butzi" Porsche, designer of the 911. Now it appears he'll bow out in more or less the same fashion. At war. It's just his style. In fact, it will be his legacy.... Read More »

DAVE GUILFORD

A GM-FCA hookup? 'Put' it in perspective

12:01 am U.S. ET | April 20, 2015

Perhaps Sergio Marchionne is banking on a loss of institutional memory at General Motors. That's the only way I can see that he might expect GM to consider buying Fiat Chrysler Automobiles.... Read More »

Dealership employees, payrolls top prerecession levels

12:01 am U.S. ET | April 20, 2015

U.S. dealerships added to their employee count for the fifth year in a row last year, causing the average store's payroll to rise sharply above its pre-recession levels. The average wage of $55,000 per employee ranks as one of the highest of any retail trade.... Read More »

FCA puts the squeeze on dealer profits

12:01 am U.S. ET | April 20, 2015

Fiat Chrysler is squeezing U.S. dealerships’ profits by boosting vehicle invoice prices but not the corresponding sticker prices. The move is part of a larger effort by FCA US to increase profit margins, which trail those of Ford and General Motors.... Read More »

Ally change saves dealers big money

12:01 am U.S. ET | April 20, 2015

The 4,200 dealerships that finance their vehicle inventory through Ally Financial are seeing savings from Ally's recent shift to peg interest rates to LIBOR rather than a prime-rate benchmark.... Read More »

Lackluster profits drive FCA's higher invoice prices

12:01 am U.S. ET | April 20, 2015

The reason behind Fiat Chrysler's wholesale pricing action is simple: profits -- or the lack thereof.... Read More »

JAMES VERRIER, CEO, BORGWARNER

Electrification 'friend,' not threat, to BorgWarner

12:01 am U.S. ET | April 20, 2015

BorgWarner CEO James Verrier, 52, sees electrification of the powertrain as a positive for his company despite the supplier's heavy reliance on parts that electric vehicles don't need.... Read More »

Obituaries

12:01 am U.S. ET | April 20, 2015

Frank Audette, a suburban Detroit dealer, died April 10.... Read More »

S.C. called a contender for Volvo plant site

12:01 am U.S. ET | April 20, 2015

Volvo Cars is weighing a site in South Carolina against one in another Southern state as it prepares to invest $500 million in its first U.S. plant, people with knowledge of the matter told Reuters.... Read More »

KEITH CRAIN

Most mergers come from weakness

12:01 am U.S. ET | April 20, 2015

Once again, there is talk about consolidation of the global auto industry. The fundamental problem with mergers is that, historically, they almost always have been of two turkeys rather than two eagles.... Read More »

EDITORIAL

There's no need to come to blows over 2-tier wages

12:01 am U.S. ET | April 20, 2015

The Detroit 3 and the UAW are headed for conflict this fall over the controversial two-tier wage system that was put in place in 2007 and helped those companies return to profitability.... Read More »

EDITORIAL

Toyota's Mexico move

12:01 am U.S. ET | April 20, 2015

Production capacity is shifting rapidly to Mexico. Last week, Toyota was the latest automaker to announce plans to build or expand a plant there.... Read More »

U.S. at the center of VW's crisis in Germany

12:01 am U.S. ET | April 20, 2015

The turmoil that nearly cost Volkswagen Group CEO Martin Winterkorn his job last week is rooted in the company's travails in the U.S., where the VW brand has made precious little progress since Winterkorn took charge eight years ago.... Read More »

Cadillac's conundrum: Dare to change Escalade?

12:01 am U.S. ET | April 20, 2015

To say the redesigned Cadillac Escalade is a hit would be an understatement. Cadillac's product planners already are mulling the next iteration of the hulking SUV, says Cadillac boss Johan de Nysschen. That's where it gets tricky.... Read More »

Chevy's Man U sponsorship scores from miles away

12:01 am U.S. ET | April 20, 2015

The crowd mobbing the Chevrolet stand at this month's Seoul Motor Show highlights the oft-overlooked upside of the brand's controversial Manchester United sponsorship.... Read More »

Dealers

12:01 am U.S. ET | April 20, 2015

Max Jamiesson, left, and Nathen Hughes, center, of Salinas Toyota in Salinas, Calif., receive a 50-year award from Pete Carey, general manager of Toyota Motor Sales U.S.A.'s San Francisco region.... Read More »

De Niro starts the engines on Ferrari film

12:01 am U.S. ET | April 20, 2015

Fans of Enzo Ferrari have waited a long time for a biopic of the great man. Now it appears they'll get their wish -- with Robert De Niro in the lead role.... Read More »

VIDEO: Brembo CEO on N.A. growth

12:01 am U.S. ET | April 20, 2015

Global sales at Italian brake maker Brembo grew 15 percent last year. And the biggest market for those brakes is North America, led by Daniel Sandberg, 55. He outlined the supplier's plans to hire more engineers and build a U.S. foundry as well as efforts to enhance budget cars and electronic brake systems.... Read More »

Nissan to get lift from M-B pickup

12:01 am U.S. ET | April 20, 2015

Mercedes-Benz's plan to sell pickups in world markets will help Nissan improve its Latin American market share, Nissan's regional chief says.... Read More »

Google's top visionary to address engineers

12:01 am U.S. ET | April 20, 2015

Consider it a speech from the future. Ray Kurzweil, Google's director of engineering and renowned inventor, author and futurist, will be the keynote speaker at SAE International's World Congress in Detroit.... Read More »

Fiat exec touts 500X crossover as 'the game changer for us'

12:01 am U.S. ET | April 20, 2015

The 2016 Fiat 500X is a subcompact crossover that will give the brand an all-wheel drive offering for regions that have inclement weather. The subcompact crossover is expected to arrive in U.S. dealerships next month.... Read More »

BEST PRACTICES

Rural dealer becomes used-car powerhouse

12:01 am U.S. ET | April 20, 2015

Small-town Schafer Chevrolet has turned the devastating loss of three new-car franchises into a used-car powerhouse.... Read More »

 
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