Automakers and Suppliers

Ford recalls 432,096 vehicles for faulty body control module

4:00 pm U.S. ET | July 2, 2015

Ford is recalling 432,096 Focuses, C-Maxes and Escapes, including some 2015 models, for faulty body control modules.... Read More »

NHTSA sees FCA penalties over recall, safety shortcomings

4:14 am U.S. ET | July 2, 2015

Fiat Chrysler Automobiles is expected to face penalties by NHTSA for violating auto safety laws over its handling of recalls under federal scrutiny. NHTSA officials used a roughly three-hour hearing Thursday to detail and spotlight FCA's safety and recall shortcomings.... Read More »

Truck, luxury car demand drive record June sales in Canada

1:38 pm U.S. ET | July 2, 2015

A healthy appetite for trucks and luxury cars pushed auto sales in Canada to a record high for June, according to data released on Thursday.... Read More »

Car design legend Giugiaro quits company he founded

July 2, 2015 18:42 CET

Legendary car designer Giorgetto Giugiaro, whose work includes the original VW Golf and first Fiat Panda, has resigned from Italdesign Giugiaro, the styling and engineering company he founded in 1968.... Read More »

Legendary car designer Giugiaro quits company that bears his name

12:42 pm U.S. ET | July 2, 2015

Legendary car designer Giorgetto Giugiaro, whose work includes the original VW Golf and first Fiat Panda, has resigned from Italdesign Giugiaro, the styling and engineering company he founded in 1968.... Read More »

FCA outsells Ford on retail side for first time? Not so fast

1:30 pm U.S. ET | July 2, 2015

June wasn't the first month that Fiat Chrysler outsold its bigger rival Ford on a retail basis in the U.S. In fact, it's happened at least twice before, says FCA -- once in November 2006, and again during one of the most tumultuous months for the industry in recent history, February 2009.... Read More »

Hellcats star in new Dodge image campaign

10:07 am U.S. ET | July 2, 2015

Dodge is launching an ad campaign this weekend starring the Hellcat trims of the Challenger and Charger, along with the Viper GTS. The production, titled “Predators,” has 30- and 90-second cuts and uses the Phil Collins hit “In the Air Tonight” as a surprisingly mellow backdrop while the roaring cars tear up Miami streets.... Read More »

AutoNation's 9% June sales increase outpaces industry

10:12 am U.S. ET | July 2, 2015

AutoNation said today its U.S. new-vehicle sales rose 9 percent in June from a year earlier to 27,862, making it the retailer’s best June since 2005.... Read More »

Toyota prices 'Model AA' shares at top range

9:50 am U.S. ET | July 2, 2015

Toyota set the price for its "Model AA" class shares at the top of its range, as retail investors flocked to the $4 billion issue the world's biggest automaker hopes will secure its longer-term shareholders.... Read More »

Jaguar Land Rover signs deal with Magna Steyr to build cars in Austria

July 2, 2015 08:46 CET

Jaguar Land Rover has signed a contract to have Magna Steyr build an unspecified number of JLR models. Magna Steyr will make the vehicles at its factory in Graz, Austria, because JLR’s three British plants are operating close to capacity.... Read More »

Tesla vehicle sales rise 52% in Q2

7:54 am U.S. ET | July 2, 2015

Tesla Motors beat its car-sales forecast for the second consecutive quarter with a 52 percent surge in the three months through June.... Read More »

BMW begins tests of fuel-cell car developed with Toyota

6:45 am U.S. ET | July 2, 2015

BMW will test a vehicle powered by hydrogen fuel cells -- developed with Toyota -- for the first time on public roads this month as the German automaker looks to expand clean-car offerings after rolling out the battery-powered i3 in 2013.... Read More »

VW worker killed by robot in Germany

July 2, 2015 11:39 CET

Volkswagen said a contractor was crushed to death by a robot at its German components factory in Kassel. The 21-year-old worker was setting up the robot on an electric motor assembly line when it grabbed him and forced him against a metal plate.... Read More »

German car sales rose 13% in June, helped by extra sales days

July 2, 2015 12:05 CET

New-car registrations in Germany increased 13 percent in June, helped by two extra sales days and a growing economy. The surge mirrors strong gains in France, Italy and Spain, suggesting the region is maintaining its steady recovery despite worries about a Greek exit from the euro.... Read More »

FCA tops Ford in retail sales for first time, reports say

1:04 pm U.S. ET | July 1, 2015

Fiat Chrysler Automobiles' retail sales in the U.S. topped Ford Motor Co.'s in June, the first month that's happened, CNBC and Bloomberg reported.... Read More »

JUNE U.S. AUTO SALES

Trucks drive sales up 3.9%; SAAR hits 17.16 million

8:30 am U.S. ET | July 1, 2015

U.S. light-vehicle sales, fueled by strong truck volume at Nissan, Fiat Chrysler, Honda and Toyota, rose 3.9 percent last month as the industry continued to climb toward one of its biggest sales years ever. The seasonally adjusted sales rate came in at 17.16 million, slightly below forecasts, and down from May's 17.78 million rate but higher than the 16.91 million pace set in June 2014.... Read More »

Greek exit from euro could bring stability, German auto lobby group says

July 1, 2015 09:54 CET

Germany's auto industry lobby group, the VDA, believes a Greek exit from the eurozone may be necessary despite the setback this may bring for Europe's fragile recovery in new-car sales. Automakers are monitoring the potential effects on capital markets and exchange rates if Greece leaves the European single currency – dubbed Grexit.... Read More »

Honda posts 4.2% U.S. gain in June

4:30 pm U.S. ET | July 1, 2015

Sales at American Honda rose 4.2 percent in June, thanks to robust Honda truck volume and a strong performance by Acura's sedans, a rare bright spot among cars across an industry riding a wave of light-truck sales.... Read More »

VW rides hot Golf, Audi to 2nd straight monthly gain

12:00 pm U.S. ET | July 1, 2015

The red-hot Golf lineup drove Volkswagen of America to its second-straight monthly U.S. sales gain in June.... Read More »

Ford expects second-half rally for F series as inventory builds

11:00 am U.S. ET | July 1, 2015

Ford posted a 1.5 percent increase in U.S. light-vehicle sales last month, even as F-series deliveries declined to the lowest level since January.... Read More »

Strong truck volume helps Toyota offset weak car demand

3:30 pm U.S. ET | July 1, 2015

Toyota Motor Sales, boosted by strong light-truck volume, rebounded from a sales decline in May to post a 4.1 percent jump in June deliveries.... Read More »

GM fund leaves out scores hurt or killed in cars with switch flaw

10:53 am U.S. ET | July 1, 2015

GM's compensation fund for faulty ignition switches covers only 2.59 million vehicles with that specific flaw. GM says a similar defect subsequently detected in an additional 10 million vehicles is ineligible for compensation because the company recalled the cars immediately after discovering the flaw. Some victims and their advocates think GM should expand the fund for other victims.... Read More »

Toyota's top female executive, Hamp, steps down after arrest in Japan

4:34 am U.S. ET | July 1, 2015

Toyota said Julie Hamp, its first female managing officer, had resigned following her arrest last month on suspicion of illegally importing the painkiller oxycodone into Japan. Hamp, 55, notified Toyota of her intent to resign, the company said in a statement today.... Read More »

Nissan drops Pathfinder hybrid

7:00 pm U.S. ET | July 1, 2015

Nissan has quietly discontinued the hybrid version of Pathfinder crossover as U.S. consumers look increasingly to traditional crossovers, SUVs and pickups.... Read More »

FCA up 8.2% on strong Jeep, Chrysler 200 sales

9:00 am U.S. ET | July 1, 2015

The Jeep brand and the Chrysler 200 both helped push Fiat Chrysler's June sales up 8.2 percent, the automaker's best sales for the month of June since 2006. FCA US said it had 185,035 sales in June, its 63rd consecutive month of year-over-year sales gains.... Read More »

 
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