Automakers and Suppliers

Barra's career path shows how a woman becomes CEO, but can more follow?

7:26 am U.S. ET | Aug. 22, 2014
Mary Barra made corporate history seven months ago when she became the first female CEO of a major global carmaker. Yet for all the gains made by women in the highest levels of major corporations, most are still in the wrong jobs if they want to follow Barra's career path.... Read More »

 

THE GM RECALL

U.S. probes GM lawyers' role on vehicle recalls, reports say

6:49 am U.S. ET | Aug. 22, 2014
Federal prosecutors have learned that lawyers for General Motors were present at key meetings during which information about problems with some of its vehicles were discussed, a source close to the investigation told Reuters.... Read More »

 

Chrysler's Ram pickup may stick with steel through 2020, report says

7:27 pm U.S. ET | Aug. 21, 2014
Chrysler Group is planning an extensive facelift of its full-size Ram 1500 pickup in spring 2017, but has no firm plans to follow rivals GM and Ford in replacing steel body panels with aluminum until a complete redesign after 2020, industry sources told Reuters.... Read More »

 

GM cuts production in Russia as market slump continues

Aug. 21, 2014 15:49 CET
General Motors said it will reduce production at its plant near St. Petersburg, Russia, citing a continued slowdown of the country's auto market.... Read More »

 

2014 PARIS AUTO SHOW

Skoda releases images of the new Fabia

Aug. 21, 2014 15:21 CET
Skoda has released images of its new Fabia subcompact, which will launch in Europe early next year after debuting at the Paris auto show in October.... Read More »

 

Former BMW designer Rice is Mazda Europe's new design boss

Aug. 21, 2014 06:01 CET
Mazda has promoted Kevin Rice, who rejoined the automaker from BMW last year, to lead its European design operations.... Read More »

 

Study sees dealership throughput breaking records in 2014

5:14 pm U.S. ET | Aug. 21, 2014
For the third consecutive year, U.S. dealership throughput -- the average number of vehicles sold per store -- is expected to break records in 2014, a study released today found. But the experts behind the study warn that a downturn is inevitable.... Read More »

 

Recalls have little to no impact on residual values, study says

5:16 pm U.S. ET | Aug. 21, 2014
Recalls have almost no effect on vehicle depreciation rates, a new study found. Even widespread recalls that generate sweeping publicity had little to no effect on residual values, which represent the value of a used vehicle. The study comes as the U.S. auto industry will set a record in 2014 for vehicle recalls.... Read More »

 

Acura TLX's new assembly line is on Twitter

5:25 pm U.S. ET | Aug. 21, 2014
Acura is advancing the social marketing spectrum with an interactive TLX launch campaign that allows Twitter users to build their own versions of the premium sedan within a tweet.... Read More »

 

Leaked stickers suggest a thirstier 2015 Ford Mustang as weight creeps up

1:45 pm U.S. ET | Aug. 21, 2014
Adding independent rear suspension, numerous electronic safety features and other items raised the weight and lowered the fuel economy of several models of the rebuilt 2015 Ford Mustang, according to window stickers leaked on the Internet today.... Read More »

 

Ford tells U.S. dealers to stop selling some C-Max, Focus models

11:05 am U.S. ET | Aug. 21, 2014
Ford told its dealers in the United States to stop test-driving and selling C-Max and Focus models produced during a week this month because of potential problems with the steering gear assembly, a notice sent to dealers on Wednesday shows.... Read More »

 

Honda to modify 12,000 redesigned Fits sold in U.S. to enhance crashworthiness

10:00 am U.S. ET | Aug. 21, 2014
Honda plans to modify 12,000 redesigned 2015 Fit models in customer hands in the United States following a mid-model-year engineering change that improved the subcompact's showing in a key industry crash test.... Read More »

 

Cadillac considers moving some staff functions to Manhattan

1:39 pm U.S. ET | Aug. 21, 2014
Cadillac is considering adding or shifting some staff functions from Detroit to Manhattan, GM said today, as part of an effort to remake the brand's image and broaden its appeal outside North America under new boss Johan de Nysschen.... Read More »

 

Novelis: Aluminum sales to automakers will nearly triple on new emissions, mpg rules

8:49 am U.S. ET | Aug. 21, 2014
Novelis, the world's biggest supplier of aluminum sheeting to carmakers, expects sales to customers including Audi and Ford to rise almost three-fold as new emissions rules restrict the use of steel.... Read More »

 

Kia brings back hamsters for Soul EV ad campaign

12:49 pm U.S. ET | Aug. 21, 2014
Kia rolled out the new “fully charged” ad campaign for the Soul EV today, featuring Adam Levine's falsetto on the new Maroon 5 track “Animals” and, of course, the Kia hamsters.... Read More »

 

2015 Chevy Silverado to offer more pizzazz on high-volume models

9:00 am U.S. ET | Aug. 21, 2014
Chevrolet will offer a bold new trim package on light-duty Silverado pickups for the 2015 model year, adding some pizzazz to its highest-volume models.... Read More »

 

New 2015 Lincoln MKC ads star Matthew McConaughey

8:00 am U.S. ET | Aug. 21, 2014
Lincoln has signed a multiyear endorsement contract with Oscar-winning actor Matthew McConaughey that will begin in September with a series of spots promoting the 2015 MKC compact luxury crossover.... Read More »

 

Penske Media acquires Fairchild trade magazines from Conde Nast

7:40 am U.S. ET | Aug. 21, 2014
Penske Media, the Los Angeles-based publishing company founded by automotive heir Jay Penske, is acquiring Fairchild Fashion Media's trade magazines from Conde Nast Publications.... Read More »

 

Toyota to cut prices of Lexus parts in China amid antitrust concerns

7:09 am U.S. ET | Aug. 21, 2014
Toyota said today it would cut prices of parts for its luxury Lexus models in China, following similar moves by its German rivals, in response to heightened regulatory scrutiny over antitrust issues.... Read More »

 

Denso fined $2.2 million in Canada for violation of competition law

6:47 am U.S. ET | Aug. 21, 2014
Japanese supplier Denso said today it has been fined more than $2 million by a court in Canada for violation of that country's competition law in connection with sales of certain body electronic control units for motor vehicles.... Read More »

 

Sixt says BMW car-sharing venture is profitable in most cities

Aug. 21, 2014 11:43 CET
Germany's Sixt said its DriveNow car-sharing venture with BMW is profitable in cities where it has been operating for more than a year as sign-ups exceed forecasts.... Read More »

 

New and premium models boost UK car exports to July record

Aug. 21, 2014 10:44 CET
The UK has reported record car exports for July as production rose by nearly 3 percent year-on-year last month because of new models and strong sales of top-end vehicles.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Conti exec says automated driving requires tight ties with many partners

Aug. 21, 2014 06:01 CET
Continental executive Helmut Matschi says automated driving will emerge gradually in the next decade. He also believes that to be successful, suppliers will need to collaborate more than ever with non-automotive companies.... Read More »

 

CFPB fines subprime lender First Investors Financial Services Group for sending credit bureaus inaccurate info

12:30 pm U.S. ET | Aug. 20, 2014
The Consumer Financial Protection Bureau fined subprime auto lender First Investors Financial Services Group nearly $3 million for knowingly providing inaccurate information to credit reporting agencies for at least three years.... Read More »

 

Police arrest 3 plant officials tied to deadly blast at China parts factory

4:14 pm U.S. ET | Aug. 20, 2014
Chinese police have arrested three people in connection with an explosion at an auto parts plant that killed 75 people in China's worst industrial accident in a year, state media reported.... Read More »

 

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