OEM Coverage

VW finance chief Poetsch proposed as next chairman

Sept. 3, 2015 14:54 CET

Volkswagen Group's controlling parent company, Porsche Automobil Holding, said it has proposed Hans Dieter Poetsch as chairman of Volkswagen's supervisory board, a post that Ferdinand Piech quit earlier this year.... Read More »

NGK Insulators to pay $65.3 million U.S. fine for price-fixing, obstruction

3:11 pm U.S. ET | Sept. 3, 2015

Japanese auto supplier NGK Insulators has agreed to plead guilty and pay a $65.3 million fine for fixing prices of automotive parts and attempting to obstruct the ongoing global investigation into auto parts bid rigging, the U.S. Department of Justice said today.... Read More »

Ex-Tesla engineer charged with illegally accessing employee evaluations

4:17 pm U.S. ET | Sept. 3, 2015

A former Tesla Motors engineer has been charged in federal court with felony computer intrusion for accessing his manager's email account, sharing employee evaluations with others and posting confidential information on the Web.... Read More »

Takata settles U.S. patent infringement case for airbag sensors

2:48 pm U.S. ET | Sept. 3, 2015

Two units of Japanese auto supplier Takata are settling a six-year patent infringement dispute with International Electronics & Engineering and its Detroit area subsidiary for $1.1 million.... Read More »

Alcoa plans new r&d center for advanced 3D printing processes

11:45 am U.S. ET | Sept. 3, 2015

Metals company Alcoa said today it will invest $60 million to expand its r&d center in Pennsylvania to explore ways to make 3D printing viable on an industrial scale to produce parts for the aerospace, automotive and construction sectors.... Read More »

Lear buys downtown Detroit office building

10:16 am U.S. ET | Sept. 3, 2015

Seating and electronics suppler Lear has purchased a 50,000-square-foot building in downtown Detroit for an undisclosed price.... Read More »

Mercedes is working on Tesla Model S fighter, r&d chief tells paper

Sept. 3, 2015 12:08 CET

Mercedes is working on an electric car to compete with the Tesla Model S and the vehicle will be launched "soon," the automaker's development chief, Thomas Weber, told a German auto magazine.... Read More »

2015 FRANKFURT AUTO SHOW

Citroen concept hints at 'fun' SUV inspired by Mehari

Sept. 3, 2015 11:18 CET

Citroen has built a concept that takes inspiration from the brand's iconic Mehari beach buggy and hints at a production SUV version of the C4 Cactus.... Read More »

Former Saab CEO charged with giving false testimony

Sept. 2, 2015 16:44 CET

Former Saab Automobile CEO Jan Ake Jonsson was charged with giving false testimony when the aftermath of the Swedish automaker's bankruptcy played out in court.... Read More »

2015 FRANKFURT AUTO SHOW

PSA's DS upscale brand to launch crossover-styled DS 4

Sept. 2, 2015 15:18 CET

DS Automobiles will launch a crossover-styled version of its DS 4 compact car. The DS 4 Crossback will help fill a new product gap until DS adds all-new models to its lineup.... Read More »

Navistar reports a surprise Q3 loss amid U.S. investigation

2:52 pm U.S. ET | Sept. 2, 2015

Navistar International, the truck- and engine-maker that counts Carl Icahn as its biggest investor, posted a slight third-quarter loss when analysts had projected a profit.... Read More »

Bill Ford says health care co-op possible in UAW talks

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

Ford Motor Executive Chairman Bill Ford said the company is considering a health-care co-op, an issue the UAW has raised in negotiations on a new contract.... Read More »

Lincoln's captive launches free services for consumers

11:45 am U.S. ET | Sept. 2, 2015

Lincoln's captive finance arm launched a free credit monitoring and identity-theft protection package for all U.S. consumers who finance or lease with the lender. Lincoln Automotive Financial Services introduced the package on July 31.... Read More »

German carmakers win U.S. antitrust approval to buy Nokia maps

12:14 pm U.S. ET | Sept. 2, 2015

German carmakers BMW, Audi and Mercedes have won U.S. antitrust approval to buy Nokia's maps business for around 2.5 billion euros ($2.8 billion), the Federal Trade Commission said today.... Read More »

VW plans to extend CEO Winterkorn's contract until 2018

Sept. 2, 2015 10:02 CET

Volkswagen plans to extend the contract of CEO Martin Winterkorn until the end of 2018, a victory for the executive after he clashed with former Chairman Ferdinand Piech.... Read More »

CHRISTIAAN HETZNER

BLOG: VW should strengthen oversight of CEO Winterkorn

9:55 am U.S. ET | Sept. 2, 2015

VW Group should strengthen oversight of CEO Martin Winterkorn, who is set to receive a two-year contract extension, by appointing Qatar Airways CEO Akbar Al Baker to its steering committee.... Read More »

GM expects to be profitable in India in 5 years

6:53 am U.S. ET | Sept. 2, 2015

General Motors expects to be profitable in India in five years as it cuts costs and works toward increasing local content in its cars, the automaker's India chief told Reuters.... Read More »

2015 FRANKFURT AUTO SHOW

Mercedes completes S-class family with luxury convertible

Sept. 2, 2015 09:03 CET

Mercedes will complete its S-class family with the sixth and final derivative of its flagship sedan next year, when it launches its first top-of-the-line four-seat convertible since 1971. The S-class cabriolet will be “the world's most comfortable convertible,” Mercedes says.... Read More »

Chinese supplier CW Bearing to build new U.S. headquarters near Detroit

6:50 am U.S. ET | Sept. 2, 2015

CW Bearing USA will invest $25.9 million to build a new U.S. headquarters and technical center in suburban Detroit, Michigan Gov. Rick Snyder’s office said.... Read More »

RICHARD TRUETT

BLOG: Is there room under the Blue Oval for Ranger, Bronco and Troller in U.S.?

11:15 am U.S. ET | Sept. 1, 2015

Ever since Ford dropped the midsize Ranger pickup in late 2011, the company has been pestered regularly and repeatedly about replacing it.... Read More »

Jeep Wrangler to stay in Toledo, Cherokee leaving, Wrangler-based pickup coming

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

Fiat Chrysler has decided to keep making the Jeep Wrangler in Toledo, Ohio, move production of the Jeep Cherokee to a nearby state and build a Jeep pickup. The news comes after 11 months of uncertainty about the fate of Wrangler production in its historic home.... Read More »

JAY RAMEY

BLOG: Will the next Nissan Z be a crossover?

11:15 am U.S. ET | Sept. 1, 2015

After scrapping production plans for the Nissan IDx coupes, there is now a very real possibility that the next Z car will be a crossover.... Read More »

2015 FRANKFURT AUTO SHOW

Mercedes S-class cabrio will bow in Frankfurt

6:15 pm U.S. ET | Sept. 1, 2015

Mercedes-Benz is adding a fourth convertible to its North American lineup: the S class. The German automaker will introduce the car this month at the Frankfurt auto show. Press days are Sept. 15 and 16.... Read More »

U.S. drops estimates for vehicles equipped with defective Takata airbags by 36%

4:16 pm U.S. ET | Sept. 1, 2015

U.S. auto safety regulators now believe about 19.2 million U.S. vehicles are covered by the recalls for Takata airbag inflators that can explode in a crash, 36 percent fewer than were thought earlier this summer to carry the defective parts.... Read More »

First Tesla Model X buyers now picking colors, 'Ludicrous Mode'

12:29 pm U.S. ET | Sept. 1, 2015

The first customers who reserved Tesla's Model X all-electric SUV have been alerted that, at long last, they can choose their paint color, wheel size and whether they want to drive ludicrously fast.... Read More »

 
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