Automakers and Suppliers

Honda says 2 more deaths linked to Takata airbags

May 5, 2016 12:08 CET

Honda said two fatal crashes in Malaysia involved ruptured airbag inflators made by Takata, bringing the global number of deaths linked to the defective devices to 13 as the U.S. ordered the Japanese supplier to widen the scale of its recalls.... Read More »

Fiat Chrysler says self-driving car deal with Google not exclusive

10:18 am U.S. ET | May 5, 2016

A newly-struck deal between Google and Fiat Chrysler Automobiles for a fleet of 100 self-driving cars is not exclusive, Fiat's Chief Executive Sergio Marchionne said today.... Read More »

Billions are being invested in driverless cars that Americans don't want

6:48 am U.S. ET | May 5, 2016

The driverless revolution is racing forward, as inventors overcome technical challenges such as navigating at night and regulators craft new rules. Yet the rush to robot cars faces a big roadblock: People aren't ready to give up the wheel.... Read More »

VIDEO: First Shift: Tesla goal: 500,000 cars by 2018

12:01 am U.S. ET | May 5, 2016

Tesla revs goal to 500,000 units by '18, EV-maker buoyed by Model 3 orders; Honda: Two more deaths linked to Takata inflators; Nissan recalls Rogues; Ford banks on Russia comeback.... Read More »

Ford, looking to speed tech rollout, pours $182.2M into software company Pivotal

7:30 am U.S. ET | May 5, 2016

Ford is investing $182.2 million in the Silicon Valley software company behind its new FordPass smartphone app, as it works to develop and roll out technology to customers faster.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

PSA CEO defends new targets; demands pricing discipline over volume

May 5, 2016 06:01 CET

PSA Group CEO Carlos Tavares has turned the automaker around since taking the helm in 2014. Now Tavares' new Push to Pass plan aims to triple PSA's profit target to 6 percent by 2021, as he explained to Automotive News Europe.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

McLaren boss outlines supercar maker's ambitious growth strategy

May 5, 2016 06:01 CET

McLaren, which has remained consistently profitable since it started making supercars in 2009, now plans to invest 1 billion pounds to boost annual sales to as many as 5,000, the automaker's boss, Mike Flewitt, told Automotive News Europe.... Read More »

Magneti Marelli opens China headquarters in Shanghai

May 5, 2016 06:01 CET

Italian supplier Magneti Marelli has opened its new China headquarters in Shanghai to support the growth of its local businesses.... Read More »

Daimler plans Mercedes engine factory in Poland

May 4, 2016 10:30 CET

Daimler said it plans to invest about 500 million euros ($575 million) in a new engine factory in Poland to broaden its production footprint outside its German home market.... Read More »

PSA's marketing revamp will be headed by Renault veteran

May 4, 2016 06:01 CET

PSA Group's new head of sales and marketing, Stephen Norman, will lead an overhaul of the automaker's commercial operations to improve synergies between its Peugeot, Citroen and DS brands.... Read More »

CAR CUTAWAY

Suppliers to the new Audi A4

12:01 am U.S. ET | May 4, 2016

Assembly of the fifth-generation Audi A4 began in July 2015 at Audi's factory in Ingolstadt, Germany. Output is expected to peak at more than 217,000 units this year, according to IHS Automotive.... Read More »

Tesla posts $282 million 1st-quarter loss

5:15 pm U.S. ET | May 4, 2016

Customer deposits for the $35,000-and-up Model 3 sedan helped Tesla raise cash on hand during the first quarter of 2016 as it reported a wider net loss of $282 million. Revenue rose 22 percent to $1.1 billion.... Read More »

Cooper-Standard Automotive parent posts 46% increase in Q1 net income

6:14 pm U.S. ET | May 4, 2016

Cooper-Standard Holdings posted net income of $30.6 million in the first quarter, a 46 percent rise driven by an acquisition and record revenue.... Read More »

Takata's fight for survival gets even harder as airbag recall widens

7:01 am U.S. ET | May 4, 2016

The world's largest automotive safety recall is about to get even bigger, adding to the hurdles that Japanese airbag supplier Takata is battling to survive the crisis.... Read More »

2 top Tesla manufacturing execs to leave as biggest challenge looms

12:51 pm U.S. ET | May 4, 2016

Two top manufacturing executives are leaving Tesla Motors, including the global head of production, at a time when the electric-car company is preparing to launch its most important car: the mass-production Model 3.... Read More »

Average fuel economy dips, likely driven by rising pickups, SUVs, researchers say

4:01 pm U.S. ET | May 4, 2016

After a record-breaking April for light-vehicle sales, the average fuel economy of those vehicles dipped slightly from March, a University of Michigan Transportation Research Institute report said.... Read More »

Subprime auto lender Credit Acceptance subpoenaed by Maryland

9:30 am U.S. ET | May 4, 2016

Credit Acceptance Corp. received a subpoena from the Maryland attorney general regarding the subprime auto lender's repossession and sales policies. Maryland is at least the fifth government body to launch an investigation into Credit Acceptance’s practices since December 2014.... Read More »

BASF says tomorrow's vehicle colors could vary with your vantage point

3:52 pm U.S. ET | May 4, 2016

In a few years, the color of a new vehicle could vary depending on where you're standing. That's according to supplier BASF Corp.'s automotive division, which today highlighted 65 striking colors here that it said could be on vehicles by 2020.... Read More »

U.S. orders massive expansion of Takata recalls

1:25 pm U.S. ET | May 4, 2016

U.S. auto safety regulators ordered a dramatic expansion of the Takata airbag inflator recalls today, more than doubling the number of hazardous parts covered by the callbacks in a move that the auto industry will spend the next several years sorting out.... Read More »

Off-lease cars, repos buoy ADESA Q1 revenue, profits

2:55 pm U.S. ET | May 4, 2016

The parent company of ADESA reported double-digit increases in net income and revenue in its fiscal first quarter, which ended March 31, largely due to a strong performance by the auction giant. Auction revenue benefited from an increase in the number of off-lease and repossessed vehicles.... Read More »

CU Direct's credit union network reaps biggest gain in auto originations

11:45 am U.S. ET | May 4, 2016

Credit unions on CU Direct's lending network as a group reaped more growth in originations during the first quarter than any individual bank or captive among the top 10 auto lenders. After CU Direct, Chase Auto Finance reported the most significant rise in originations at 8.8 percent, slightly more than half the growth of CU Direct.... Read More »

Gauging lease customers' intent when the phone's left to ring

12:15 pm U.S. ET | May 4, 2016

As lease returns rise, lenders and dealers are turning to a web tool to get an inkling of customers' intent to re-lease, purchase or return. A quarter of one Michigan dealer's lease customers have provided leads via the tool created by ChannelNet.... Read More »

VIDEO: Experian exec on leasing, monthly payments and conquesting customers

10:58 am U.S. ET | May 4, 2016

Melinda Zabritski, senior director of automotive finance at Experian Automotive, weighed in on the benefits of leasing, which levers keep monthly payments low and how dealers and manufacturers can capture lease customers from rivals in a conversation with Automotive News F&I beat reporter Hannah Lutz last month at the NADA convention in Las Vegas.... Read More »

Delphi doubles Q1 net income following acquisition, global growth

9:29 am U.S. ET | May 4, 2016

Delphi Automotive's net income more than doubled in the first quarter of this year, over the same quarter last year, due to the acquisition of HellermanTyton Group and increased demand around the world.... Read More »

VIDEO: First Shift: April U.S. sales winners, losers

12:01 am U.S. ET | May 4, 2016

April U.S. sales winners, losers; Takata recall to widen?; Volvo swings to a profit; Ford's portable wind tunnel; Nissan shifting marketing focus toward safety.... Read More »

 
Why convertible SUVs could have a bright future

Douglas A. Bolduc
12:01 am U.S. ET | May 6 2016

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Convertible roof specialist Webasto says the Range Rover Evoque cabrio's five-layered folding fabric ...
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Why a PSA-FCA merger should happen - but won't


12:01 am U.S. ET | May 4 2016

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Fiat Chrysler has been actively seeking a merger partner since September 2014 and a possible combina ...
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Lightweighting push puts pressure on leather

Nick Gibbs
12:01 am U.S. ET | April 29 2016

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Automakers' growing desire to cut weight from cars wherever they can is significantly boosting sales of an upmarket leather alternative, says the boss of the company that... ...
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VW's other headache: workers' demand for a 5% pay hike

Christiaan Hetzner
4:06 am U.S. ET | April 20 2016

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Volkswagen has enough money to cover the costs of its emissions-rigging scandal. ...
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VW's tone-deaf management


8:56 am U.S. ET | April 13 2016

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In view of Volkswagen's emissions-rigging scandal, it's amazingly tone-deaf and irresponsible that t ...
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Google and Apple can be good for industry, Renault-Nissan connectivity chief says

Bruce Gain
12:01 am U.S. ET | April 13 2016

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Are Google and Apple enablers or disruptors? A little of both, says Ogi Redzic, Renault-Nissan's head of connected vehicles and mobility services. ...
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Will the Mercedes pickup truck be called X class?

Jay Ramey
12:01 am U.S. ET | April 8 2016

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Mercedes will preview its upcoming pickup truck at the Paris auto show this autumn, according to a m ...
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Bo Andersson shares lessons learned at Lada

Nick Gibbs
12:01 am U.S. ET | April 7 2016

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Bo Andersson, the departing CEO of Lada maker AvtoVAZ, used his farewell email to say he was “ ...
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Is CNG the future? Yes, but…

Luca Ciferri
12:01 am U.S. ET | April 6 2016

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Rinaldo Rinolfi, one of the fathers of the common-rail diesel, and a true powertrain guru, is someon ...
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PSA demonstrates realistic way of measuring fuel economy

Nick Gibbs
12:01 am U.S. ET | April 2 2016

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PSA says it aims to win back trust from consumers in the wake of VW's emissions-cheating scandal by ...
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Newsletters & Alerts
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UK car sales rise 2% in April but VW takes a big hit
UK new-car registrations rose 2 percent last month even as sales at scandal-hit Volkswagen plunged, ...
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German car sales rose 8% in April, adding to France, Italy, Spain gains
German new-car registrations rose 8 percent in April, joining robust growth in France, Italy and Spa ...
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French car sales rise nearly 7% in April
French new-car sales rose nearly 7 percent in April, boosted by strong gains at foreign automakers i ...
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European car sales rise 6% in March but VW brand dips
European new-car sales rose nearly 6 percent last month despite a fall in sales for Volkswagen's cor ...
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Russia's March car sales drop 10% as decline slows
New-car sales in Russia fell 10 percent in March, the smallest decline in 15 months, causing a leadi ...
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Western Europe car sales rise 5% in March
Western European car sales rose 5.2 percent in March on strong growth in the UK, France and Italy. F ...
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VW brand trails rivals as Europe sales rise 14% in February
European new-car sales rose 14 percent in February, but Volkswagen lost market share for the sixth m ...
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Nissan Qashqai, Audi Q3 lead continued sales surge for SUVs in Europe
Sales of SUVs and crossovers surged 22 percent in Europe last year, outpacing the overall market's 8 ...
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Western Europe car sales rose 14% in February
Western European car sales rose 14 percent in February as key regional markets reported double-digit ...
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European car sales rise 6% in January but VW share hit by diesel scandal
European car sales rose 6.3 percent last month, although Volkswagen, the region's No. ...
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PSA's marketing revamp will be headed by Renault veteran
PSA Group's new head of sales and marketing, Stephen Norman, will lead an overhaul of the automaker' ...
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Porsche development chief Hatz to leave company
Porsche said its development chief, Wolfgang Hatz, has left the company amid parent VW Group's emiss ...
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BMW promotes Petter Witt to N.A. vice president of operations
BMW has rewarded a regional manager who “fully embraced” the automaker's efforts to create its Future Retail dealership standards. ...
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IAC promotes two execs to head N.A., Europe operations
International Automotive Components named Maurice Sessel and Kelli Carney to run its North American and European operations, respectively. ...
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Mini appoints new head of Americas
David Duncan, head of Mini of the Americas, will take on a new role as head of BMW Group's corporate and special sales. ...
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Renault names new finance chief as Thormann retires due to poor health
Renault finance director Dominique Thormann is retiring for health reasons. He will be succeeded by Clotilde Delbos, currently a senior vice president at the automaker. ...
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Renault picks company veteran to head Dacia
Renault named veteran executive Yves Caracatzanis as head of its Dacia low-cost brand in Romania. ...
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PSA promotes Italy chief to run Changan JV in China
PSA/Peugeot-Citroen named veteran manager Olivier Mornet as president of its Chongqing Changan Auto ...
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GM appoints veteran Brazilian executive as Europe engineering chief
GM named Brazilian national William Bertagni as head of its European vehicle engineering unit. Berta ...
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Porsche turbocharges new Boxster
Porsche is repositioning its latest Boxster with a new name, a higher price tag, and a new four-cyli ...
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Toyota counts on big boost from greener, zippier Prius
Toyota expects to solidify its position as the region's leader in hybrid sales with the new Prius, w ...
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High-tech E class pushes Mercedes ahead of rivals
Mercedes-Benz makes a big leap toward self-driving cars with the new E class, which debuts a hands-f ...
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Kia renews Sportage but drops the price
Kia has reduced the price of its new Sportage in the key German market even though the SUV is roomie ...
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Audi focuses on battery to make Q7 e-tron stand out from plug-in rivals
Audi expects its Q7 e-tron plug-in hybrid to stand out from a fast-growing list of competitors that ...
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Subaru wants Levorg to help brand forget losing Legacy
Subaru expects its new Levorg station wagon to have success in Europe that eluded the vehicle it rep ...
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SsangYong adds diesel, awd to Tivoli SUV
SsangYong hopes the addition of a diesel engine will boost sales of its Tivoli in Europe's booming s ...
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Range Rover Evoque convertible is not a 'niche too far'
Land Rover says its Range Rover Evoque created a new niche for sporty premium compact SUVs when the ...
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Hyundai Tucson gets big boost from Europe's SUV boom
Hyundai expects the Tucson to change perceptions of the brand in Europe, thanks to its bolder design ...
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Product launches follow a faster cadence
New model launches are getting faster, more frequent and less certain. They also might be a lot fart ...
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Suppliers to the new Audi A4
Assembly of the fifth-generation Audi A4 began in July 2015 at Audi's factory in Ingolstadt, Germany ...
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Suppliers to the new Skoda Superb
Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Cze ...
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Suppliers to the new Ford S-Max
Assembly of the second-generation Ford S-Max began in May 2015 at Ford's factory in Valencia, Spain. ...
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Suppliers to the new Mercedes GLC
Production of the first-generation Mercedes-Benz GLC began in June 2015 at parent Daimler's factory ...
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Suppliers to the new Jaguar XF
Assembly of the second-generation Jaguar XF began in June 2015 at Jaguar Land Rover's factory in Cas ...
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Suppliers to the new Audi Q7
Assembly of the second-generation Audi Q7 began in February 2015 at the German automaker's factory i ...
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