Ford Credit rolls out 75-month loans nationwide

12:01 am U.S. ET | Oct. 1, 2014
Ford Motor Credit has joined the trend toward longer loans, rolling out 75-month terms nationwide starting today. The company previously had conducted a pilot program.... Read More »

 

RICHARD JOHNSON

The Nissan Leaf's top-selling town?

10:31 pm U.S. ET | Oct. 1, 2014
It's true that sales of Nissan's Leaf have picked up momentum this year in the United States, but what is the geographic mix across the country? Where is the Leaf doing well?... Read More »

 

RICHARD JOHNSON

Ghosn's take on being on the front lines in battle for auto talent

5:53 pm U.S. ET | Oct. 1, 2014
How does Carlos Ghosn feel about the high-level executives who have left Renault-Nissan of late? He takes it all in Ghosn-like stride, which is to say: analytically, not emotionally.... Read More »

 

DIANA T. KURYLKO

Making a splashy entrance in Paris

6:16 pm U.S. ET | Oct. 1, 2014
Land Rover pulled the wraps off its new compact Discovery Sport at a pre-show event for journalists, hauling it up the Seine River on a massive barge.... Read More »

 

Trucks fly in a 'best we could have expected' September

12:01 am U.S. ET | Oct. 1, 2014
U.S. sales of SUVs, small crossovers and full-size pickups soared in September as cars became a tougher sell. Overall volume rose 9 percent, and a 16.4 million SAAR showed demand remains strong even after the industry put up big numbers all summer.... Read More »

 

Chrysler Group gains on Jeep, Ram volume

12:01 am U.S. ET | Oct. 1, 2014
Chrysler Group sold 169,890 vehicles in September, a 19 percent increase from September 2013, with every brand but Dodge contributing to the company's gains. It was the group's 54th consecutive month of year-over-year increases.... Read More »

 

Canadian sales drive toward record

2:51 pm U.S. ET | Oct. 1, 2014
Auto sales in Canada headed toward an all-time annual high after a number of automakers broke September sales records.... Read More »

 

LARRY P. VELLEQUETTE

Ford puts refreshed C-Max in the Phantom's spotlight

6:00 pm U.S. ET | Oct. 1, 2014
Ford on Wednesday lifted the mask on its next-generation C-Max at a special event at the Opera National de Paris, the setting for the fictional The Phantom of the Opera. The irony may have been lost on the Ford execs on hand, who also showed off the next-generation European S-Max and Grande C-Max before their scheduled press conference Thursday at the Paris auto show.... Read More »

 

Lithia completes purchase of DCH Auto Group

5:48 pm U.S. ET | Oct. 1, 2014
Lithia Motors said it completed the purchase of DCH Auto Group, one of the largest buy-sell deals between dealership groups in recent history.... Read More »

 

Toyota trucks carry load amid wait for '15 Camry

12:01 am U.S. ET | Oct. 1, 2014
Booming crossover and SUV sales helped Toyota Division eke out its seventh straight monthly sales gain last month, while Lexus continued to gain ground on its luxury rivals.... Read More »

 

Ford loses bid to recoup $450 million interest on overpaid taxes

5:33 pm U.S. ET | Oct. 1, 2014
A federal appeals court, in a case that can be traced back to 1983, rejected Ford's bid to recoup about $450 million of interest from the federal government on taxes overpaid by the automaker.... Read More »

 

Ford sales slip 3% on softer F-series demand, drop in fleet

12:01 am U.S. ET | Oct. 1, 2014
Soft F-series pickup sales and a 40 percent cutback in sales to rental fleets pushed Ford Motor Co.'s September sales down 3 percent from a year earlier, to 179,518 units. Overall fleet sales fell 14 percent to 42,878.... Read More »

 

VW’s XL Sport concept full of surprises

5:12 pm U.S. ET | Oct. 1, 2014
Volkswagen dropped a surprise on Wednesday by rolling out the XL Sport concept on the eve of press previews for the Paris auto show. The biggest surprise, though, is the XL Sport’s engine -- a V-twin adapted from the VW Group’s Ducati 1199 Superleggera, which VW touts as the world’s most powerful two-cylinder motorcycle.... Read More »

 

Dealer software provider CDK goes public as it spins off from ADP

11:24 am U.S. ET | Oct. 1, 2014
CDK Global, formerly ADP Dealer Services, went public Tuesday as part of being spun off by parent Automatic Data Processing Inc., CDK Global announced today.... Read More »

 

Mercedes to lower mpg ratings on some C-class sedans

12:45 pm U.S. ET | Oct. 1, 2014
Mercedes-Benz will lower the fuel economy ratings of some late-model C-class sedans after an audit by federal regulators found errors in mpg testing by the automaker.... Read More »

 

Jaguar XE to offer awd, diesel engine in U.S.

7:59 am U.S. ET | Oct. 1, 2014
The Jaguar XE compact sedan will launch with optional all-wheel drive and a four-cylinder diesel engine when it goes on sale in the U.S.... Read More »

 

Nissan Division volume jumps 22%

12:01 am U.S. ET | Oct. 1, 2014
Good fuel economy and fresh products helped drive Nissan Division to a 22 percent September sales gain, says sales chief Fred Diaz. Nissan is scaling back fleet sales and incentives as consumer demand rises.... Read More »

 

GM bets on technology and Cadillac to become 'most valued' automaker

10:38 am U.S. ET | Oct. 1, 2014
General Motors is counting on a parade of new technology-packed models to drive sales growth and profitability in North America and China over the next four years as part of an ambitious push to become the world's “most valued” automaker by early in the next decade.... Read More »

 

GM will position Cadillac CT6 as tech showcase

3:55 pm U.S. ET | Oct. 1, 2014
The CT6 sedan due late next year is intended to be more than just a high-end Cadillac. General Motors is counting on the car to be a rolling showcase of the company’s engineering and technology prowess, and its determination once again to rise to the top of the automotive world.... Read More »

 

NICK BUNKLEY

The Big (Detroit) 3 are back on top, with nudge from Fiat

12:01 am U.S. ET | Oct. 1, 2014
The Big 3 are back. Though maybe not for long. The top of September’s U.S. sales chart would look fairly routine to anyone who was asleep for the past decade and plans to spend this weekend browsing dealer ads in the Sunday newspaper for a good deal on a new PT Cruiser.... Read More »

 

AutoNews Now: GM seeks 'most valued' title

12:01 am U.S. ET | Oct. 1, 2014
Company counting on new Cadillacs, tech-heavy vehicles; GM, Nissan, Chrysler post 19% sales gains; Paris gets the boots.... Read More »

 

Accord, TLX push Honda ahead of 2013 pace

12:01 am U.S. ET | Oct. 1, 2014
Honda is finally back in the black -- barely. Helped by strong demand for the Honda Accord and Acura TLX sedans, American Honda Motor Co. posted a 12 percent sales increase in September to 118,223 units.... Read More »

 

Chevy Trax will start at $20,995 in U.S. debut

11:51 am U.S. ET | Oct. 1, 2014
The 2015 Trax, Chevrolet's seventh small vehicle launched in the past four years, will start at a retail price of $20,995 including shipping, General Motors said in a statement today.... Read More »

 

GM deliveries advance 19%; biggest jump in 3 years

12:01 am U.S. ET | Oct. 1, 2014
GM's sales rose 19 percent in September, its largest year-over-year gain in three years, to 223,437, with full-size pickups accounting for more than half of the increase. GM's fleet sales rose 30 percent, while its total retail sales increased 17 percent. By segment, retail sales declined 1 percent for GM's lineup of cars and crossovers but surged 48 percent for trucks and SUVs.... Read More »

 

Chrysler Capital lowers rate cap on dealer reserve

12:01 am U.S. ET | Oct. 1, 2014
Chrysler Capital is cutting its maximum permissible dealer reserve to 175 basis points, or 1.75 percentage points, effective today. The previous maximum was 200 basis points. Chrysler Capital, which provides full-service financing to Chrysler Group dealerships, notified retailers of the change in a fax last week.... Read More »

 

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