RICHARD TRUETT

BLOG: GM's new powertrain boss, with bases covered, aims for high batting average

12:00 pm U.S. ET | July 28, 2015

Dan Nicholson is charged with ensuring GM Powertrain does its part to improve the fuel economy of the company's North American vehicles about 5 percent a year to reach the 2025 fleet average of 54.5 mpg target set by the U.S.... Read More »

VIDEO: AutoNews Now: Chevy: Diesel Colorado has an edge

12:01 am U.S. ET | July 28, 2015

Chevy: Diesel Colorado has an edge; F-150's limited Q2 role; U.S. on Aston's radar; Spied Civic is sporty; powertrain projections.... Read More »

Chinese supplier YFS to build plant in Detroit

3:08 pm U.S. ET | July 28, 2015

Chinese auto supplier YFS Automotive Systems said it plans to construct a 150,000-square-foot plant on 30 acres of vacant industrial property in Detroit.... Read More »

Ally's Q2 auto lending flat despite GM pullback

1:12 pm U.S. ET | July 28, 2015

Ally Financial's second-quarter auto lending originations declined just 1 percent from a year earlier to $10.8 billion, despite a sharp drop in lease originations for General Motors vehicles, the company said today.... Read More »

Pininfarina, Mahindra will resume sale talks in September, report says

July 28, 2015 16:43 CET

Talks on the sale of indebted car designer Pininfarina to India's Mahindra will resume after the summer after the parties failed to strike a deal in July, sources told Reuters.... Read More »

Aston Martin looks at more than 10 sites for new factory

July 28, 2015 06:01 CET

Aston Martin is reviewing more than 10 sites in Europe, the U.S. and other global locations for a new factory to build its first crossover.... Read More »

VIDEO: First Shift: N.A. drives Ford Q2 profits

12:01 am U.S. ET | July 28, 2015

N.A. drives Ford Q2 earnings up 44%; GM's $5B emerging-market plan; VW outsells Toyota in first half; Accavitti leaves Acura; Scion sticks with cars.... Read More »

VW passes Toyota for global sales lead in first half

July 28, 2015 08:26 CET

Volkswagen surpassed Toyota to become the biggest automaker by deliveries in the first half. VW benefited as car demand in Europe accelerated, softening the blow from a slowdown in China, its biggest market.... Read More »

Daimler in talks on truck partnership, Iran Khodro says

July 28, 2015 12:01 CET

Daimler is exploring a partnership with Iran Khodro as it weighs a return to Iran's market for trucks, vans and buses, the Iranian automaker's CEO said. European carmakers are planning their return to Iran after the country agreed to curb its nuclear program in return for the lifting of international sanctions that have crippled its economy.... Read More »

VW's MAN truck unit expects profit drop on restructuring costs

July 28, 2015 11:27 CET

Volkswagen Group's MAN truck unit expects costs to reorganize its European truck and bus unit will significantly lower operating profit this year, as a recession in Brazil also hits sales.... Read More »

Audi aims to raise China sales with revamped A4

July 27, 2015 13:43 CET

Audi hopes that a redesigned A4 sedan will help shore up its fortunes in China where the premium brand is grappling with a second consecutive month of falling sales in its No. 1 market.... Read More »

J FERRON

Thinking outside the customers' box

12:01 am U.S. ET | July 27, 2015

Innovation drives the automotive industry. But what drives innovation? I get that question all the time in the Automotive News PACE Awards Program, now in its 22nd year, where independent judges study companies that commercialize innovative products and processes. How companies innovate is only the starting point. More important is understanding why they risk capital and resources.... Read More »

TrueCar works on relationships

12:01 am U.S. ET | July 27, 2015

TrueCar's dealer relations ranks are getting a tune-up this summer, with a longtime industry insider leaving and two new execs joining the company. Separately, the company said problems converting enough shoppers into buyers hurt its second-quarter results.... Read More »

As dealership sales climb, margins slide

12:01 am U.S. ET | July 27, 2015

On the surface, second-quarter results from five publicly traded dealership groups last week were solid. But behind the gains lurked a disturbing trend: At all five, profit margins on new-vehicle sales fell.... Read More »

Mercedes-Benz Financial leads in dealer satisfaction, J.D. Power finds

8:00 am U.S. ET | July 27, 2015

Mercedes-Benz Financial Services ranks No. 1 among auto lenders in terms of dealerships' satisfaction with lenders' services, according to a study released today by J.D. Power.... Read More »

Dodge cancels unfilled '15 Hellcat orders, doubles '16 output

12:01 am U.S. ET | July 27, 2015

Dodge will more than double Hellcat Charger and Challenger production for 2016. But about 900 unfilled 2015 orders will be canceled.... Read More »

Fiat Chrysler under tighter scrutiny after record NHTSA penalty

4:10 pm U.S. ET | July 27, 2015

Fiat Chrysler Automobiles agreed to pay a $70 million fine, accept three years of close oversight by an independent monitor and buy back thousands of pickup trucks as part of a far-reaching consent agreement to settle a U.S. government probe into 23 safety recalls since 2009.... Read More »

At last, Honda and Toyota prepare for turbo charge

12:01 am U.S. ET | July 27, 2015

After years of setting the pace in fuel economy without relying on technologies like turbocharging, direct injection or CVTs, Japan's big three will spend the next several years playing catch-up.... Read More »

Sonic President Scott Smith named CEO

12:10 pm U.S. ET | July 27, 2015

Sonic Automotive is shuffling some executive positions, naming its co-founder Scott Smith to the post of CEO, effective immediately, the company said in a statement today.... Read More »

1,100-hp supercar's problem? 'Too powerful'

12:01 am U.S. ET | July 27, 2015

The founder of Denmark's Zenvo might have to go to a four-wheel-drive system for the next model, just to make the replacement for the 1,104-hp ST1 more drivable. “It's too powerful,” founder Troels Vollertsen told Automotive News.... Read More »

Hack attack vs. FCA shows flaws with rush to connectivity

12:01 am U.S. ET | July 27, 2015

By the time it was publicized last week that hackers managed to take over a Jeep Cherokee, Fiat Chrysler had posted an urgent security patch on its website and was scrambling to further lock down the system. But the industry's response is only now ramping up, as automakers come to terms with the implications of building devices that increasingly function as networked computers on wheels.... Read More »

R&D HUB

Honda flexes research muscle with new Silicon Valley center

12:01 am U.S. ET | July 27, 2015

Honda last week opened to journalists its new 35,000-square-foot Silicon Valley r&d lab, where it has united once-disparate strands of its research work and connected them with a technology incubator for other potential research partners.... Read More »

Honda's Accavitti leaves top post at Acura

5:45 pm U.S. ET | July 27, 2015

Mike Accavitti, vice president and general manager of Acura, has abruptly left the company and has been replaced by Jon Ikeda, American Honda Motor said. Ikeda was formerly division director of auto design at Honda's R&D Americas division and has been with Honda since 1989.... Read More »

FCA pact gives broad powers to NHTSA monitor

12:40 pm U.S. ET | July 27, 2015

The National Highway Traffic Safety Administration's consent agreement with Fiat Chrysler Automobiles grants sweeping powers to an independent monitor tasked with overseeing the company's safety operations, deepening the federal government's role in direct oversight over individual automakers.... Read More »

Why Hall-of-Famer Penske did not succeed Iacocca

12:01 am U.S. ET | July 27, 2015

Roger Penske, who was inducted into the Automotive Hall of Fame last week, nearly replaced Lee Iacocca as chairman of Chrysler Corp. in 1991. But it became clear to Penske that Iacocca did not plan to retire anytime soon. Iacocca has his own version of the story.... Read More »

 
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