VW mulls possible sale of motorbike brand Ducati, report says

April 26, 2017 18:20 CET

VW Group is considering a possible sale of Italian motorcycle maker Ducati as the automaker seeks to streamline operations to fund a strategic overhaul after its emissions-cheating scandal, Reuters reported.... Read More »

Tesla seeks to quell unrest at key German supplier

April 26, 2017 18:35 CET

Tesla has offered pay rises to try to quell unrest at German supplier Grohmann Engineering, a maker of automated manufacturing systems that Tesla agreed to buy in November. Grohmann is key to Tesla's bid to succeed in the mass market by massively ramping up its output.... Read More »

Takata stock trading suspended after reported bankruptcy filing plan

10:08 pm U.S. ET | April 26, 2017

Takata stock trading was suspended in Japan after a newspaper report that the embattled auto supplier was considering filing for bankruptcy protection.... Read More »

Lear posts 23% boost in Q1 net income

11:43 am U.S. ET | April 26, 2017

Seating and electronics supplier Lear reported a 23 percent leap in 2017 first-quarter net income and stronger profit margins.... Read More »

White House unveils opening bid for 'biggest tax cut'

11:29 am U.S. ET | April 26, 2017

The White House made its opening bid for what officials called the “biggest tax cut” in U.S. history -- with cuts that would benefit businesses, the middle class and certain high-earning individuals.... Read More »

VIDEO: AutoNews Now: SUVs power FCA's Q1 profits

3:00 pm U.S. ET | April 26, 2017

SUVs power FCA's Q1 profits; Penske earnings rise, Sonic posts loss; U.S. missile-defense system shoots down Hyundai's China sales; Repair costs up; Land Rover ... or Landwind?... Read More »

U.S. auto sales forecast to slip in April as retail demand slumps

2:00 pm U.S. ET | April 26, 2017

It's becoming increasingly clear that U.S. new-vehicle sales have passed their peak, with April expected to mark the industry's fourth consecutive monthly decline.... Read More »

Superior Industries Q1 net income falls 79%

2:04 pm U.S. ET | April 26, 2017

Superior Industries posted a 79 percent plunge in first-quarter net income to $3.1 million, saying it experienced higher costs and lower unit sales in the quarter.... Read More »

VW's charging station plan for Calif. faces objections from competitors

1:48 pm U.S. ET | April 26, 2017

Major automakers and other groups are raising objections to the way VW wants to spend $2 billion on electric vehicle infrastructure and projects, as part of VW's atonement for emissions cheating.... Read More »

Tesla dinged by Consumer Reports for not implementing safety feature

6:00 am U.S. ET | April 26, 2017

Tesla vehicles have dropped in Consumer Reports' ratings because the automaker failed to implement a safety feature that was expected to come standard.... Read More »

Sonic swings to Q1 loss on refinancing costs, weak sales

11:52 am U.S. ET | April 26, 2017

Sonic swung to a first-quarter loss of $541,000 from a year-earlier net profit of $14.6 million as the dealership group took a hit from refinancing its debt. Weak retail sales didn't help.... Read More »

Canadian supplier Linamar at center of Trump-NAFTA clash

7:55 am U.S. ET | April 26, 2017

Going global has paid off handsomely for Linamar. Enter Donald Trump. The U.S. president's election is the latest in a string of populist, anti-globalization events. Linamar CEO Linda Hasenfratz is undaunted.... Read More »

How to respond to an F&I skeptic

11:30 am U.S. ET | April 26, 2017

F&I managers know there's at least one constant in their jobs: Car buyers remain wary of finance and insurance. So it's imperative F&I managers and dealership staff develop presentation styles that help F&I skeptics sort through their misgivings.... Read More »

What Protective gained when it bought U.S. Warranty

11:30 am U.S. ET | April 26, 2017

When Protective Asset Protection's parent acquired U.S. Warranty Corp. last year, the purchase came with a value proposition: expertise in helping dealers design their own F&I products. Now Protective plans to expand that business.... Read More »

JAMES B. TREECE

BLOG: Lenders are shifting. Keep up.

11:30 am U.S. ET | April 26, 2017

Early first-quarter data show that lenders aren't as full-throttle on auto loans as before. It behooves F&I managers to keep close tabs on who's pulling back.... Read More »

AutoNation Q1 F&I results soften

11:30 am U.S. ET | April 26, 2017

AutoNation's F&I results eased slightly in the first quarter, and the company expects a flat or slight downward trend to continue this year as its used-vehicle volume expands as a share of total unit sales.... Read More »

Hyundai's Q1 profit slides on China tension, U.S. recall

April 26, 2017 09:43 CET

Hyundai posted a 21 percent fall in quarterly net profit, dragged down by a U.S. recall and sales declines in China stemming from political tensions.... Read More »

Daimler says U.S. diesel probes could result in penalties

April 26, 2017 09:32 CET

Daimler reiterated that recent steps by U.S. authorities to investigate diesel-emissions pollution and so-called auxiliary emission control devices could lead to significant penalties and vehicle recalls.... Read More »

Daimler raises earnings forecast on Mercedes profit

April 26, 2017 08:20 CET

Daimler raised its outlook for 2017 on surging profit from its Mercedes cars unit and improving commercial-vehicle operations. The return on sales for Mercedes rose to 9.8 percent in the first quarter.... Read More »

BMW uses fear factor to rally staff in move to EVs

April 26, 2017 11:16 CET

BMW has started putting staff through day-long events in Germany intended to warn them of the perils of not taking the electric-car revolution seriously. The message is that BMW must adapt, but the subtext is a recognition that the company has gone from leader to laggard in the technology.... Read More »

Grammer sees way clear to getting new strategic partner in China's Ningbo

April 26, 2017 13:28 CET

German supplier Grammer said a court had lifted the enforcement of a temporary injunction on the exercise of a convertible bond, allowing it to issue shares to strategic partner China's Ningbo Jifeng. Grammer is making the move to counter activist shareholders the Hastor family.... Read More »

VIDEO: First Shift: Consumer Reports cuts Tesla ratings

8:15 am U.S. ET | April 26, 2017

Consumer Reports cuts Tesla ratings over missing safety feature; Uber steps up flying-car efforts; Hyundai earnings fall, Daimler raises outlook; Why Cadillac delayed Super Cruise.... Read More »

Oil powerhouse Total predicts a boom in EV sales

7:40 am U.S. ET | April 26, 2017

Electric cars are coming fast -- and that's not just the opinion of carmakers anymore. Total, one of the world's biggest oil producers, is now saying EVs may constitute almost a third of new-car sales by the end of the next decade.... Read More »

PSA first-quarter revenue rose 5% on new models, higher pricing

April 26, 2017 07:53 CET

PSA's first-quarter revenue rose nearly 5 percent, boosted by new models such as the Citroen C3 and Peugeot 3008. The company said its joint vehicle programs with Opel would help to lift its second-half revenue.... Read More »

Successful training takes preparation

12:01 am U.S. ET | April 26, 2017

Before investing in training, dealers should ask managers where the team can improve, suggests Todd Cooper of EFG Cos. Without buy-in from F&I directors and sales managers, he said, "all that money spent on training will fly right out the window." Dealers' next step is to tell trainers the outcome they're hoping for to ensure "the training content, methodology and delivery is in line with [their] needs."... Read More »

 
Volvo exec says risk factor for XC60 exceeds XC90

Douglas A. Bolduc
5:09 am U.S. ET | April 27 2017

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Volvo's r&d boss says the new XC60 is even more of a high-risk model than the second-generation XC90 ...
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Germany's auto industry welcomes prospect of Macron presidency in France

Christiaan Hetzner
8:34 am U.S. ET | April 24 2017

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Sunday's election outcome in France, in which a moderate Europhile investment banker won the first r ...
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China lands Chevy Volt in a Buick wrapper

Jay Ramey
8:14 am U.S. ET | April 20 2017 UPDATED: 4/20/17 2:27 pm ET - adds details

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Buick offers far more models in China than it does in the U.S. ...
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Tavares' tall task for PSA and Opel: brand management

Luca Ciferri
12:01 am U.S. ET | April 7 2017

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The buzz at last month's Geneva auto show was what would PSA CEO Carlos Tavares do to streamline his enlarged stable of brands, given that Citroen, Peugeot and new addition... ...
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After record high, UK's 'treasure island' status is set to end

Nick Gibbs
4:32 am U.S. ET | April 6 2017

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After March new-car registrations hit an all-time high in the UK, analysts predict an end to the market's long run as a "treasure island" for profits. ...
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Volvo CEO keeps his hiring promise

Douglas A. Bolduc
12:01 am U.S. ET | April 5 2017

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Volvo CEO Hakan Samuelsson promised to make the automaker “younger, more diverse and more international.” He achieved all three with his latest hiring. ...
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Will the quality ghosts of British Leyland haunt Tesla?

Richard Truett
11:28 am U.S. ET | April 4 2017

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Tesla's plan to skimp on testing the Model 3 in real-world driving is fraught with danger. British L ...
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Piech's problem: his 'small-minded' family


5:29 am U.S. ET | April 4 2017

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Ferdinand Piech's decision to sell his stake in his family's holding company that owns a majority st ...
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Tavares has the tools to make PSA-Opel a success

Peter Sigal
12:01 am U.S. ET | April 4 2017

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PSA's pending acquisition of Opel/Vauxhall has all the makings of a prime-time TV drama. ...
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Volvo dealers get crash course on conquests

Douglas A. Bolduc
12:01 am U.S. ET | March 31 2017

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Volvo's head of Europe says that his dealers have had to get used to something new: knowing how to cash in on conquest sales. ...
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Newsletters & Alerts
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FCA, Ford and Renault gain share as European sales rise 11%
European sales rose 11 percent in March as automakers took advantage of a solid economy and more sel ...
 Read More ›
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VW brand sales rose 2.5% in March but are down for first quarter
Volkswagen brand's global sales rose 2.5 percent in March but slid 1. ...
 Read More ›
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Lada, Kia and Renault see big gains as Russia sales rise nearly 10%
New-car sales in Russia rose 9.4 percent last month as the market's rebound begins to gain momentum. ...
 Read More ›
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UK sales rise 8% in record monthly high
UK new-car registrations rose 8.4 percent to a record monthly high in March as customers brought for ...
 Read More ›
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Spanish market returns to growth
Spanish new-car sales rose 13 percent in March, restarting a positive trend after a flat February. ...
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German sales rise 11% in March as diesel share declines
New-car sales in Germany increased by 11 percent in March, helped by two extra selling days. Diesel ...
 Read More ›
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Italian market continued to rebound in March
New-car registrations in Italy rose by 18 percent last month, partly due to one more working day tha ...
 Read More ›
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French car sales rise 7% in March on extra selling day
French car sales rose 7 percent in March, helped by an extra selling day. ...
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European sales rise 2% amid political uncertainty
New-car registrations rose 2 percent in Europe last month even though major brands such as VW, Opel ...
 Read More ›
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W. European sales edge up in February
Western European car sales rose nearly 1 percent in February as demand slowed in key markets. ...
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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 ...
 Read More ›
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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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Europe's large premium SUV segment heads for record year
Europe's large premium SUV segment is on track for a record year, helped by rising sales of models s ...
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Audi, Mercedes push key segment toward milestone
Audi, BMW and Mercedes-Benz are largely responsible for the growing success of the compact premium s ...
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Former GM chief Wagoner joins ChargePoint board
Former GM chief Rick Wagoner, who introduced the Chevrolet Volt plug-in hybrid during his last year ...
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Bentley Americas chief Winkler to step down
Bentley's Americas chief Michael Winkler will step down from his post on June 1. Mark Del Rosso, Aud ...
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Volvo recruits former BMW, GM exec to lead procurement
Volvo has lured former BMW and General Motors purchasing executive Martina Buchhauser to take a newl ...
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VW recruits Daimler exec as chief compliance officer
VW Group has named Daimler executive Kurt Michels as its chief compliance officer. Michels previously worked in the same position at Daimler's trucks, vans and buses division. ...
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Audi's new development boss will start earlier than expected
Former Volvo executive Peter Mertens will become Audi's development chief earlier than anticipated, ...
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Nissan appoints EV expert as new tech boss for Europe
Nissan has appointed company veteran Nobusuke Toukura as the head of its European technical center. ...
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Nissan Europe promotes French exec to sales and marketing chief
Nissan Europe named Philippe Saillard as its new head of sales and marketing, a promotion from his c ...
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Infiniti names former BMW exec Habib as design chief
Infiniti, Nissan's premium brand, named Karim Habib, former global design chief for BMW, as the bran ...
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Nissan's Nakamura retires as design team is shuffled
Shiro Nakamura, who penned some of Nissan's most daring and memorable cars, will retire after 17 yea ...
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GM, Honda name top management for fuel cell venture
GM and Honda named the top managers that will oversee their newly formed Fuel Cell System Manufactur ...
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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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Toyota gets quirky with C-HR to 'turn heads'
Toyota is a latecomer to Europe's crossover segment with the new C-HR. ...
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Better-connected 5 series gets tech from BMW flagship
BMW has made its 5 series lighter, more economical and fully connected with advanced technology firs ...
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Smart improves ForTwo, ForFour EV variants with Renault tech
Smart has improved its EV technology for the battery-powered versions of its ForTwo and ForFour with ...
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Audi makes Q5 a tougher rival for Mercedes GLC, Porsche Macan
Audi has developed the second-generation Q5 to have the driving dynamics of the Porsche Macan and a ...
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Audi makes Q5 a tougher rival for Mercedes GLC, Porsche Macan
Audi has developed the second-generation Q5 to have the driving dynamics of the Porsche Macan and a ...
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Suppliers to the new Renault Megane
Assembly of the fourth-generation Renault Megane began in November 2015 at the French automaker's fa ...
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Suppliers to the new Infiniti Q30
Assembly of the all-new Infiniti Q30 began on Daimler's MFA platform in December 2015 at the Nissan' ...
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Suppliers to the new Mercedes C-class Coupe
Assembly of the second-generation Mercedes-Benz C-class Coupe began in Bremen, Germany, in October 2 ...
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Suppliers to the new Opel/Vauxhall Astra
Assembly of the latest Opel/Vauxhall Astra began in Gliwice, Poland, in August 2015 and then in Elle ...
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Suppliers to the new Jaguar F-Pace
Assembly of Jaguar's all-new F-Pace began at parent Jaguar Land Rover's facility at Solihull, Englan ...
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