Marchionne expresses 'disgust' over FCA-UAW executive conspiracy

3:21 pm U.S. ET | July 27, 2017

FCA CEO Sergio Marchionne expressed "disgust" over an alleged multimillion-dollar conspiracy involving the company's former labor-relations chief, Alphons Iacobelli.... Read More »

VIDEO: AutoNews Now: Sergio on succession, spinoffs and smoking

3:30 pm U.S. ET | July 27, 2017

FCA's Marchionne on succession, spinoffs and smoking; Ford seat belt callback; Aston Martin decries Britain ban, Nissan supports it; Robocar bill advances; Oilman prepares to plug in.... Read More »

U.S. approves fix for more than 300,000 VW diesels

12:01 pm U.S. ET | July 27, 2017

The fix will include hardware and software upgrades, including replacing an emissions catalyst but will reduce vehicle fuel economy ratings by as much as 2 miles per gallon, VW said.... Read More »

Penske Automotive says Q2 net income rises 14 percent

12:22 pm U.S. ET | July 27, 2017

Penske Automotive reported a 14 percent gain in second-quarter net income, crediting increased business in used-vehicle sales, service and parts and finance and insurance.... Read More »

Ford recalls 117,000 vehicles for risk of seat belt failure

11:52 am U.S. ET | July 27, 2017

Ford is recalling nearly 117,000 vehicles because bolts in the seat, seat belt or seat belt buckle may fracture.... Read More »

VW plans software update for 4 million cars to cut emissions

July 27, 2017 11:39 CET

VW Group will offer software updates for 4 million diesel cars in Germany to reduce emissions. Automakers are under pressure from German regulators and politicians to clean up their diesel engines.... Read More »

VIDEO: First Shift: FCA, UAW respond to conspiracy probe

8:15 am U.S. ET | July 27, 2017

FCA to cooperate with feds on conspiracy probe; UAW chief 'appalled'; Profits rise at FCA, VW, drop at Nissan; Toyota Mirai's East Coast hang-up; Ford marks truck centennial.... Read More »

Ford CEO Hackett bullish on Europe despite profit fall

July 27, 2017 12:36 CET

Ford CEO Jim Hackett expressed his strong commitment to the automaker's European operations even though the fallout from Brexit hit the company's second-half earnings in the region.... Read More »

Aston Martin warns UK ban on fossil fuel cars ban could be 'hazardous' for industry

July 27, 2017 08:11 CET

A future with only electric vehicles poses a challenge for niche automakers such as Aston Martin, McLaren and Morgan.... Read More »

KKR to acquire auto assets from S. Korea's LS Group for $943 million

6:40 am U.S. ET | July 27, 2017

Corporate buyout firm KKR said it agreed to buy auto parts and materials businesses from South Korea's LS Group for 1.05 trillion won ($943 million).... Read More »

VW profit jumps as core brand pushes cost cuts, models

July 27, 2017 09:00 CET

VW Group's profit jumped to 4.55 billion euros ($5.34 billion) in the second quarter, helped by cost cuts and higher-margin new models at its core VW brand. The group's Porsche, Bentley, Skoda, Seat and Skoda brands showed healthy profits in the first half while Audi's earnings were flat.... Read More »

Nissan posts 13% drop in Q1 profit on higher expenses, incentives

6:26 am U.S. ET | July 27, 2017

Nissan posted a 13 percent drop in quarterly operating profit, as a rise in marketing and selling expenses, including incentives, offset a rise in global vehicle sales.... Read More »

UK car industry needs clarity on Brexit as production slumps

July 27, 2017 10:20 CET

Britain's automakers are starting to feel the strains of Brexit as output this year is likely fall short of the industry's expectations, the SMMT industry association said. UK car production fell 14 percent in June.... Read More »

German court blocks prosecutors from using VW law firm seizures

July 27, 2017 07:58 CET

Germany's highest court blocked prosecutors from using materials seized during a raid on the U.S. law firm hired by VW Group to investigate its emissions scandal.... Read More »

UK will ban sales of gasoline, diesel cars starting 2040

July 26, 2017 07:59 CET

Britain will ban the sale of new gasoline and diesel cars starting in 2040. The UK is the latest European country after France to focus on electric vehicles for future transportation.... Read More »

BMW halts project talks after Daimler disclosed alleged collusion to authorities, report says

July 26, 2017 09:39 CET

BMW has suspended talks with Daimler on future cooperation projects after its rival disclosed alleged collusion among German automakers to cartel authorities, Sueddeutsche Zeitung reported... Read More »

Ex-FCA labor chief Iacobelli, widow of UAW VP charged in lucrative conspiracy

2:21 pm U.S. ET | July 26, 2017

A U.S. grand jury in Detroit charged former FCA labor chief Alphons Iacobelli and the widow of a deceased UAW vice president in a broad conspiracy to pocket illegal money and gifts.... Read More »

U.S. House votes to kill CFPB rule barring mandatory arbitration in lending disputes

11:18 am U.S. ET | July 26, 2017

The House voted 231 to 190 along strict party lines to kill a CFPB rule barring financial institutions from forcing customers to agree to take future disputes to arbitration.... Read More »

For GM and Ford, home is where the profits are

6:49 pm U.S. ET | July 26, 2017

North America is increasingly where the earnings are for Detroit's biggest automakers. But that's a source of heartburn as U.S. sales stall after seven straight years of growth. Other signs of trouble have emerged: Ford's latest North American operating margin declined to 9 percent from 11.3 percent a year earlier.... Read More »

Ford profit edges up on lower tax rate

7:00 am U.S. ET | July 26, 2017

Foreign tax credits helped Ford's second-quarter net income rise 3.7 percent to $2.04 billion, but the automaker reduced its pretax profit outlook for the rest of the year amid declining U.S. sales.... Read More »

Indictment says former UAW president confronted Holiefield, Iacobelli

6:59 pm U.S. ET | July 26, 2017

Former UAW President Bob King attempted to investigate the spending and actions of the Vice President General Holiefield and FCA executive Alphons Iacobelli during his tenure leading the union.... Read More »

UAW hires outside counsel to lead internal investigation

6:31 pm U.S. ET | July 26, 2017

UAW President Dennis Williams said independent, outside counsel would lead an internal investigation into allegations that union officials were illegally funneled $1.2 million by FCA's former labor chief.... Read More »

Holiefield, future wife received $1.2 million from worker training funds, indictment says

5:57 pm U.S. ET | July 26, 2017

While the UAW's General Holiefield negotiated with FCA at the bargaining table, he and his future wife were living luxuriously with money that was supposed to help train workers, prosecutors charged.... Read More »

Lear Q2 net rises 10% to $312 million

1:26 pm U.S. ET | July 26, 2017

Lear posted a 10 percent increase in profit for the second quarter from growth in seating revenue and higher margins. The supplier reported net income of $311.9 million.... Read More »

VIDEO: AutoNews Now: Ex-FCA exec, widow of UAW VP indicted

3:45 pm U.S. ET | July 26, 2017

Ex-FCA exec, widow of UAW official accused of payoff scheme; Hackett: 'A lot of work to do' at Ford; Porsche keeps appeal crown; Jitters for Tesla buyers.... Read More »

 
German industry fears image blow over cartel probe


4:16 am U.S. ET | July 25 2017

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Germany's auto industry fears its image will suffer another severe blow after EU antitrust authoriti ...
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Audi copies Silicon Valley risk-taking culture with self-driving A8

Nick Gibbs
12:01 am U.S. ET | July 24 2017

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Audi CEO Rupert Stadler has been studying Silicon Valley's risk-taking culture and with the brand's ...
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How the iPhone has changed our industry

Krishnan M. Anantharaman
12:01 am U.S. ET | July 14 2017

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We won't gush over the 10th anniversary of the iPhone, but on this occasion at least, we ought to ac ...
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Bentley Bentayga plug-in taps VW Group parts bin

Jay Ramey
12:01 am U.S. ET | July 13 2017

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A prototype of Bentley's Bentayga plug-in hybrid has been testing with the Porsche Cayenne S E-Hybri ...
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Dissecting Europe's automotive numbers

Luca Ciferri
12:01 am U.S. ET | July 12 2017

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The latest Automobile Industry Pocket Guide from the European association ACEA, reveals some interesting, and often unexpected, trends from the region's auto industry. ...
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Renault design boss knows which line matters most

Peter Sigal
12:01 am U.S. ET | July 11 2017

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When discussing automotive design, the word “line” gets used often. Renault design chief ...
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Volvo sends message to suppliers

Douglas A. Bolduc
8:40 am U.S. ET | July 5 2017

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Volvo CEO Hakan Samuelsson says that the automaker's decision to electrify all its future powertrains provides a clear message to suppliers. ...
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Ghosn knows what it means to be No. 1

Lindsay Chappell
12:01 am U.S. ET | July 5 2017

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The biggest volumes earn the attention of suppliers, technology innovators, deal-makers and governments. ...
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Continental's speaker-less solution slashes weight, satisfies the ear

Douglas A. Bolduc
12:01 am U.S. ET | June 30 2017

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Continental's speaker-less car audio solution reduces weight by up to 90 percent compared with today ...
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Britain's unofficial auto show is a classy affair

Nick Gibbs
12:01 am U.S. ET | June 28 2017

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Forget auto shows held in huge trade fair grounds in cities such as Frankfurt, Paris and Beijing, th ...
 Read More ›

Newsletters & Alerts
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Russia sales increase 15% in 4th straight monthly rise
New-car registrations in Russia increased 15 percent in June, the fourth consecutive month of higher ...
 Read More ›
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UK car sales fall for third consecutive month
UK new-car registrations fell by 4.8 percent in June to 243,454, the first time in six years sales h ...
 Read More ›
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German car sales drop on fewer selling days
German new-car sales declined 3.5 percent last month to 327,693 vehicles, according to data from the ...
 Read More ›
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Italy June sales surge 13%
Italy's new-car registrations increased 13 percent in June to 187,642 units, according to figures fr ...
 Read More ›
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French sales rise nearly 2% in June
Registrations of new cars in France rose 1.6 percent to 230,940 vehicles in June, with Daimler, Toyo ...
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Spain sales rise 7%; troubling trends seen
New-car sales in Spain were up 6.5 percent last month to 131,797 units, according to industry associ ...
 Read More ›
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European sales rise 8% in May, nearing pre-crisis levels
European new-car registrations rose nearly 8 percent in May, with nearly all automakers recording sa ...
 Read More ›
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VW, Kia and Lada make big gains as Russia sales rise 15%
New-car registrations in Russia increased 15 percent in May, the third consecutive month of higher s ...
 Read More ›
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German sales jump 13% on fleet demand
German new-car sales rose 13 percent in May on two extra selling days and strong sales to business f ...
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Peugeot, Ford, Renault lead in high-margin sales to private customers
The Peugeot, Ford and Renault brands were Europe's first-quarter leaders in a key part of the retail business: sales to private customers. ...
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European minicar sales forecast to dip this year, remain steady until 2020
Automakers are increasing technology levels in Europe's minicar segment to maintain consumer interes ...
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Europe's compact minivan sales forecast to see steady decline
Europe's compact minivan segment is forecast to continually decline until 2020 because of rising dem ...
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Europe's small SUV sales forecast to top 2 million next year
Europe's small SUV/crossover segment is forecast to continue its rapid growth as models from latecom ...
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New mild hybrid tech will shake up green car sales
Mild hybrid cars with cheaper and less complex technology than plug-in and full hybrids will reduce ...
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SUV sales rise to 25% of European market
SUVs and crossovers accounted for a quarter of all European passenger vehicle sales last year as mod ...
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VW Golf, other volume compacts lose share to premium rivals, SUVs
The VW Golf and Ford Focus compacts are being squeezed as premium competitors such as the Mercedes A ...
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BMW's Willisch to retire Aug. 1 as Americas chief
After 21 years with BMW, including six in the U.S., Ludwig Willisch will retire as the company's Americas chief as of Aug. 1. ...
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Former GM exec Bo Andersson to lead Yazaki Europe
Former GM purchasing chief and CEO of AvtoVAZ Bo Andersson has returned to the industry to lead Euro ...
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Ford of Europe names Leenarts design chief
Ford named Amko Leenarts as its new design director for Europe. Leenarts will succeed Joel Piaskowsk ...
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BMW sales chief Robertson to retire; Dutch executive Nota is successor
BMW said Ian Robertson will retire as the automaker's sales chief. He will be succeeded by Pieter No ...
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Tesla adds two to board, including James Murdoch
Tesla appointed two new directors to its board, including Twenty-First Century Fox CEO James Murdoch ...
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KC Crain named president of Automotive News' parent company
KC Crain, group publisher of Automotive News, has been named president of parent Crain Commun ...
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Ford names Shirinov CEO of Russia JV
Ford has named Adil Shirinov CEO of its Russian joint venture, Ford Sollers. ...
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VW names veteran Europe exec to steer N. America sales, marketing
VW Group named Werner Eichhorn, a longtime executive from its European operations, as the new head o ...
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PSA hires Renault-Nissan exec to lead push in Africa
PSA Group has picked veteran Renault-Nissan executive Samir Cherfan to lead its sales and marketing ...
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Tesla's autopilot software head quits in less than six months
Tesla's head of its autopilot software, Chris Lattner, has left the company within six months of joi ...
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Volvo seeks to match XC60's magic
Volvo hopes that by making its new XC60 bigger, safer and more technologically advanced it will be a ...
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Alfa's big bet on the Stelvio
Alfa Romeo is betting on the Stelvio and its fun-to-drive characteristics to boost the appeal of wha ...
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Opel moves Insignia upscale
Opel hopes a wide selection of advanced safety equipment in its new Insignia will move the model upm ...
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Softer Land Rover Discovery keeps its go-anywhere skills
Land Rover is determined to demonstrate that even though the fifth generation of the Discovery has b ...
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Honda counts on new Civic for boost in Europe
Honda's latest Civic benefited from the largest development program for a single model in the compan ...
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Mercedes makes E-class coupe more practical
Mercedes is repositioning its E-class coupe to offer more room and more functionality, promoting the ...
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Kia gives Rio better tech to challenge European rivals
Kia has added driver assistance systems not typical in small cars as well as upgraded connectivity i ...
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Mini maxes out with Countryman
The Mini Countryman has grown to become the BMW subsidiary's biggest model to date and now competes ...
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Nissan plots Micra's return to Europe's top 10
Nissan wants to re-establish the Micra subcompact as one of the 10 top-sellers in Europe's biggest a ...
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Hyundai gives i30 a tech boost
The Hyundai i30's success has been important in boosting the brand's European growth in the past 10 ...
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Suppliers to the new Peugeot 3008
Assembly of the second-generation Peugeot 3008 began in June 2016 at PSA's factory in Sochaux, Franc ...
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Suppliers to the new Alfa Stelvio
Assembly of the first-generation Alfa Romeo Stelvio began in January at the automaker's factory in C ...
 Read More ›
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Suppliers to the new Opel Ampera-e
Assembly of the all-new Opel Ampera-e full-electric car began in October 2016 at parent General Moto ...
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Suppliers to the new BMW 5 series
Assembly of the seventh-generation BMW 5 series began in November 2016 at the automaker's factory in ...
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