Automakers and Suppliers

Automakers in race to double range of affordable EVs

1:52 pm U.S. ET | March 25, 2015

Automakers are readying a new generation of mass-market electric cars with more than double the driving range of today's Nissan Leaf, betting that technical breakthroughs by big battery suppliers will jump-start demand and pull them abreast of Tesla.... Read More »

Kia to build Forte compact and a small car at Mexico plant

9:53 pm U.S. ET | March 25, 2015

Kia Motors plans to make its Forte compact and an unidentified small car targeted at the local market at its planned factory in Mexico.... Read More »

Mercedes adds plug-in hybrid to retooled GLE crossover line

7:00 pm U.S. ET | March 25, 2015

Mercedes-Benz is rolling out a new plug-in hybrid with the debut of the revamped GLE midsize crossover. The 2016 crossover family will be the first product line to feature Mercedes' new nomenclature. The GLE replaces the M class, Mercedes' top-selling light truck in the U.S.... Read More »

'We've got too many damn tiers,' UAW head tells cheering delegates

10:50 am U.S. ET | March 25, 2015

In a fiery address to hundreds of UAW delegates, union President Dennis Williams said auto workers sacrificed during the recession and now must get that compensation back.... Read More »

Detroit Diesel to invest $208 million in Mich. plant upgrades, create 245 jobs

10:04 am U.S. ET | March 25, 2015

Detroit Diesel Corp. plans to upgrade its nearly 75-year-old manufacturing plant in suburban Detroit. The manufacturer of diesel engines is expected to invest $208 million to add new machinery and equipment for a new medium-duty diesel engine line, creating an anticipated 245 jobs.... Read More »

Average U.S. gasoline usage lowest in 3 decades, study says

2:09 pm U.S. ET | March 25, 2015

With improvements in vehicle fuel economy, U.S. drivers’ average gasoline consumption is the lowest it’s been in at least 30 years, according to research by the University of Michigan released today.... Read More »

'Top Gear' host Jeremy Clarkson fired by BBC

1:19 pm U.S. ET | March 25, 2015

The BBC today dropped British "Top Gear" motoring show host Jeremy Clarkson, who built a global fan base while repeatedly causing offence with strongly worded views, after finding he had physically attacked a producer.... Read More »

Dealer groups charge CFPB is unresponsive

12:00 pm U.S. ET | March 25, 2015

Dealer trade groups are asking members to seek help from their elected representatives to prod the Consumer Financial Protection Bureau into responding to a lender study released last fall that was highly critical of its method of determining discrimination in auto finance.... Read More »

Lenders raise red flags over CFPB plan to publish consumer complaints

12:00 pm U.S. ET | March 25, 2015

Auto lenders are lining up to oppose the Consumer Financial Protection Bureau’s plan to publish consumer complaints with financial services providers on its website.... Read More »

Credit union pilot targeting subprime borrowers shows promise

12:30 pm U.S. ET | March 25, 2015

A small pilot program to encourage credit unions to do more subprime auto lending has helped participants gain some business but is still several steps away from providing a model for a larger effort.... Read More »

Tata plans to raise $1.2 billion to help fund Jaguar Land Rover expansion

March 25, 2015 17:52 CET

Tata Motors plans to raise as much as $1.2 billion in a rights offer to help fund investments at its Tata and Jaguar Land Rover brands. Jaguar Land Rover plans to add more than 40 new products and to increase manufacturing capacity in the UK, in China, Brazil and other markets.... Read More »

Automakers race to double the driving range of affordable electric cars

March 25, 2015 12:06 CET

Automakers are readying a new generation of mass-market electric cars with more than double the driving range of today's Nissan Leaf, betting that breakthroughs by battery suppliers will increase demand and help them compete better with Tesla.... Read More »

TRW in talks with India’s Amtek to sell suspension business, reports say

10:29 am U.S. ET | March 25, 2015

Amtek Auto, an Indian car parts maker, is among companies in talks to acquire TRW's suspension business, people familiar with the matter said.... Read More »

Ford recalls 220,000 vehicles in N.A. for 3 issues

9:25 am U.S. ET | March 25, 2015

Ford Motor Co. is recalling more than 220,000 vehicles in North America for potential issues with door handles, vacuum pump relays and sensors.... Read More »

Former GM Europe chief Forster will lead UK taxi builder

March 25, 2015 06:01 CET

Auto industry veteran Carl-Peter Forster, who once headed GM Europe and Tata Motors, is new board chairman at London Taxi Company, which builds the UK's iconic black cabs.... Read More »

India's Mahindra said to be in talks to buy car designer Pininfarina

7:49 am U.S. ET | March 25, 2015

Mahindra & Mahindra, India's largest maker of SUVs, is in talks to buy Italian auto design and engineering company Pininfarina SpA, people familiar with the matter told Bloomberg.... Read More »

Renault seeks fresh start with single model to replace Laguna and Latitude midsize cars

March 25, 2015 11:33 CET

Renault will replace its slow-selling Laguna and Latitude midsize cars in Europe later this year with a single model in a bid to get a fresh start against rivals such as the Volkswagen Passat and Peugeot 508.... Read More »

Volvo's young captive explores new territory

12:01 am U.S. ET | March 25, 2015

Volvo Car Financial Services U.S. is a young captive finance company, in business only since late 2012. But its leadership is seasoned.... Read More »

Store tweaks sales, F&I strategy for Gen Y

12:01 am U.S. ET | March 25, 2015

Dealership managers Austin Salinas and Chris Gottselig know how to sell to Gen Y. That's because they fall into that category themselves. The two developed a speedier, more transparent vehicle sales and finance process at Friendly Ford of Crosby, near Houston, that's boosting the store's profits and reputation.... Read More »

Volvo appoints Europe boss as part of global reorganization

March 24, 2015 11:43 CET

Volvo named Anders Gustafsson as head of Europe, Middle East and Africa, one of three global business regions that also include new divisions for the Americas and Asia.... Read More »

UAW rank-and-file decry Tier 2 pay at bargaining convention

3:10 pm U.S. ET | March 24, 2015

Opposition to the Tier 2 pay scale is so pervasive at this week’s UAW bargaining convention that the only delegates speaking against a proposal to reduce the pay gap between veteran and entry-level workers at the Detroit 3 are those who want to see it eliminated outright.... Read More »

Jaguar's revamped XF sedan slims down to boost fuel efficiency

3:00 pm U.S. ET | March 24, 2015

Jaguar's redesigned XF sedan has taken a big leap in refinement, weight savings and fuel efficiency. The brand unveiled the second generation of its best-seller with a spectacular high-wire stunt drive across the Thames river in London on Tuesday.... Read More »

Jaguar unveils new XF; touts sedan's good looks, fuel efficiency

March 24, 2015 17:09 CET

Jaguar says its new XF sedan has taken a big leap in levels of refinement, low weight and fuel efficiency. The brand unveiled the second generation of its best-seller with a high-wire stunt drive in London.... Read More »

Renault reinforces quality oversight

March 24, 2015 12:09 CET

Renault aims to improve its quality and customer satisfaction ratings by moving its Americas chief, Denis Barbier, to a new role overseeing those two areas.... Read More »

Fewer photos prevents 'image fatigue,' used-car shopper report says

4:04 pm U.S. ET | March 24, 2015

Too many photos in online used-vehicle listings can cause “image fatigue” for consumers, a study released today found. The optimal number? Nine.... Read More »

 
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Tenn. dealer hires for a lifetime

Tenn. dealer hires for a lifetime

Tenure is measured in decades, not just years, at Jenkins & Wynne Ford, Lincoln, Honda in Clarksville, Tenn. Its full of workers who've spent 20, 30, even 50 years with the company. Mon., March 23
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