NHTSA back in cross hairs as airbag crisis escalates

12:01 am U.S. ET | Oct. 26, 2014
For the second time this year, a long-standing defect linked to deaths and injuries has triggered a mushrooming auto-safety crisis, lending more fuel to criticism that federal regulators haven't done enough to protect consumers from such dangers. Perhaps more unnerving to those consumers, the problem doesn't yet appear to be contained.... Read More »

 

Jaguar prices XE's volume version higher than rival BMW 3 series

Oct. 26, 2014 06:01 CET
The Jaguar XE's likely best-selling model, the XE 2.0-liter diesel sedan, will start at 29,775 pounds (37,713 euros) in the UK, topping the price of rival BMW's equivalent model, the 320d Efficient Dynamics sedan, by 1,000 pounds.... Read More »

 

Hyundai Europe mulls i20 subcompact wagon

Oct. 26, 2014 06:01 CET
Hyundai says it is considering adding new body styles for the i20 subcompact that could include a station wagon to compete against cars such as the Skoda Fabia wagon and Peugeot 208 SW.... Read More »

 

Cadillac full speed ahead in China

12:01 am U.S. ET | Oct. 25, 2014
Despite slowing sales growth in China, General Motors is doubling down on the country with a bold expansion plan that could make it Cadillac's biggest market within six years. The investment blitz channels $14 billion into China, the world's biggest car market, from 2014 through 2018 to open five new factories.... Read More »

 

Rivals see Buffett as just another competitor

12:01 am U.S. ET | Oct. 25, 2014
Warren Buffett's entry into automotive retailing may mean more overall competition for acquisitions, but public dealership groups expect no interruptions to their growth plans.... Read More »

 

Porsche cashes in on turnaround with consultancy business

Oct. 25, 2014 06:01 CET
Porsche's experience of recovering from the brink of insolvency two decades ago to become a profit engine for Volkswagen has helped it with the development of a consultancy business with a growing list of high-profile clients.... Read More »

 

Renault exec sees fuel-efficient Eolab concept selling for same price as a Clio

Oct. 25, 2014 06:01 CET
Renault could sell the Eolab ultra fuel-efficient concept for a similar price to a diesel-powered Clio if it decided to build the car, Thierry Bollore, the company's chief competitive officer, said. The Clio DCi 90 costs 18,500 euros in France.... Read More »

 

BRUCE GAIN

China has room for PSA's upscale DS brand

12:01 am U.S. ET | Oct. 25, 2014
PSA/Peugeot-Citroen's upscale DS brand is on track to be successful in China because of consumer demand for French luxury goods, but it is unlikely to be a serious rival to the popular German premium brands.... Read More »

 

Russia may extend car-buying subsidy scheme into 2015

Oct. 25, 2014 06:01 CET
Russia may extend an incentive scheme for new-vehicle purchases beyond this year to help the car industry weather an economic downturn which has caused sales to plummet 13 percent so far this year.... Read More »

 

Ford plans to overhaul Lincoln with $5 billion push, report says

5:13 pm U.S. ET | Oct. 24, 2014
New Ford CEO Mark Fields, with the renewed backing of Executive Chairman Bill Ford and the company's board, has committed the automaker to a multiyear, multibillion-dollar overhaul of Lincoln that includes a significant investment in a new premium vehicle platform that will underpin several future Lincoln vehicles, four sources told Reuters.... Read More »

 

Ford's Fields takes his lumps in Q3, looks to next year

7:06 am U.S. ET | Oct. 24, 2014
Ford CEO Mark Fields today delivered the first report card on his performance since taking over for Alan Mulally. He gave every sign that he'll have more to show off next year. While earnings and revenue fell, Fields said new vehicles on tap will deliver "strong, profitable growth."... Read More »

 

Ford snubs bid to divert Mexico investment to Canada, union says

1:38 pm U.S. ET | Oct. 24, 2014
Ford has rejected a proposal to invest in engine plants in Windsor, Ontario, and decided to put the money in Mexico as the automaker originally planned, the head of Canada's autoworkers' union said.... Read More »

 

ARLENA SAWYERS

Rick Case to sell first N.A. 2015 Alfa Romeo 4C for charity's sake

4:09 pm U.S. ET | Oct. 24, 2014
The first new Alfa Romeo to be sold in this country in 20 years will be auctioned next week for charity. That's thanks to Rick and Rita Case, owners of Rick Case Automotive Group in Fort Lauderdale, Fla.... Read More »

 

AutoNews Now: F-150 launch on track

12:01 am U.S. ET | Oct. 24, 2014
Ford CEO: 'We are exactly where we expected to be at this point'; Nissan taxi fight in NY; AutoNation's bowl game.... Read More »

 

GM wins appeal, dismissal of Spyker lawsuit upheld

2:48 pm U.S. ET | Oct. 24, 2014
GM persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company.... Read More »

 

NHTSA to brief House committee on Takata airbag recalls

1:37 pm U.S. ET | Oct. 24, 2014
The National Highway Traffic Safety Administration will brief members of the House Energy and Commerce Committee next week on the agency's investigation and recalls of Takata airbags.... Read More »

 

Takata's airbag crisis may spur automaker shift to Autoliv, Daicel

Oct. 24, 2014 11:49 CET
The defect in Takata Corp. airbags that has led to millions of recalls and has been linked to four deaths in Honda cars opens the supplier to risk of losing business to rivals including Autoliv and Daicel.... Read More »

 

Fiat Chrysler's targets seen at risk as N.A. still pressured

2:07 pm U.S. ET | Oct. 24, 2014
Fiat Chrysler Automobiles could find it tough to meet its 2014 profit guidance and may cut forecasts when it reports quarterly results next week as slowly recovering North America profit margins may fail to fully offset weakness in Europe and Latin America.... Read More »

 

NHTSA in line for cultural overhaul after airbag meltdown

2:04 pm U.S. ET | Oct. 24, 2014
The agency that botched a campaign to publicize a potentially lethal Takata airbag defect affecting 7.8 million U.S. cars is reviewing its safety culture, according to a senior Obama administration official.... Read More »

 

Asbury names former Group 1, RML exec David Hult COO

10:50 am U.S. ET | Oct. 24, 2014
Former Group 1 and RML Automotive executive David Hult will become the next COO of Asbury Automotive Group Inc. as the public retailer expands a used-car store initiative and looks to grow through acquisitions.... Read More »

 

First Shift: Ford nets $835 million

12:01 am U.S. ET | Oct. 24, 2014
Pre-tax profit falls to $1.2B; GM Financial probed; ex-Ford PR chief alleges bugging; Edmunds drops ads; Hellcats in action.... Read More »

 

Delphi Q3 profit rises on higher demand in Asia, North America

7:39 am U.S. ET | Oct. 24, 2014
Delphi Automotive today reported a 12.5 percent rise in quarterly profit as demand for its auto parts rose in Asia and North America.... Read More »

 

HANS GREIMEL

Japanese automakers drive UK car industry's rebound

12:01 am U.S. ET | Oct. 24, 2014
The UK's car industry is staging a big comeback. And it's mostly due to some not-so English names: Nissan, Toyota and Honda.... Read More »

 

Lear says Q3 profit rises 24% as global production grows

7:46 am U.S. ET | Oct. 24, 2014
Lear, which supplies auto seats and electrical power systems, today reported a 24 percent rise in quarterly profit, helped by a rise in global vehicle production.... Read More »

 

Opel on track to achieve turnaround, GM says

Oct. 24, 2014 12:14 CET
Opel/Vauxhall is on track to achieve a turnaround despite headwinds from Russia and a wider third-quarter loss, parent GM says. New models such as the Corsa will give the division a boost in the months ahead.... Read More »

 

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