OEM Coverage

GM Korea workers approve strike over pay, output

6:57 am U.S. ET | July 1, 2015

GM employees in South Korea voted today in favor of a strike over wages and production volumes, prompted by uncertainty over the automaker's output plans as its labor costs in the country rise.... 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 »

Jaguar Land Rover said to move China head to lead European unit

July 1, 2015 10:45 CET

Jaguar Land Rover will move Bob Grace, its China chief, to lead its European unit, a source said. The company's new China chief will have to deal with slowing industrywide demand amid a prolonged government crackdown on graft and conspicuous consumption, which has hit luxury car sales.... Read More »

Citroen CEO confirms next C5 for China; Europe future unclear

June 30, 2015 06:01 CET

Citroen will replace its C5 midsize model, CEO Linda Jackson told Automotive News Europe, but she would only confirm that the next-generation car would be sold in China. Jackson said there is a “question mark” over whether Citroen would sell the replacement in Europe.... Read More »

Suzuki patriarch appoints son as president and likely successor

5:50 am U.S. ET | June 30, 2015

Osamu Suzuki, the outspoken patriarch of Suzuki Motor, positioned his son Toshihiro as his successor, appointing him president and COO of the family's namesake carmaker. Osamu Suzuki will keep his positions as chairman and CEO.... Read More »

RICHARD TRUETT

BLOG: The (technology) pluses and minuses of a GM-FCA deal

11:15 am U.S. ET | June 30, 2015

GM and FCA could benefit from each other's technology. Instead of a full-blown merger, maybe some small side-deals is all Sergio needs.... Read More »

Bain Capital completes buyout of TI Automotive

4:15 pm U.S. ET | June 30, 2015

TI Automotive said its sale to private equity firm Bain Capital LLC has been completed. Terms of the sale were not disclosed in a statement today.... Read More »

GM directors don't have to face ignition-switch claims

6:54 am U.S. ET | June 30, 2015

General Motors directors don't have to face investors' allegations that lax supervision allowed the company to make cars with faulty ignition systems blamed for at least 119 deaths.... Read More »

Germany's Getrag getting interest from Magna, Dana, China, report says

3:36 pm U.S. ET | June 30, 2015

Getrag, one of the biggest independent makers of transmissions, has attracted interest from automotive suppliers including Canada’s Magna International Inc., people with knowledge of the matter told Bloomberg.... Read More »

Mexican supplier Nemak to launch $750 million IPO

11:38 am U.S. ET | June 30, 2015

Nemak SAB's expected $750 million initial public stock offering today marks the first stock offering of a Mexican auto supplier since at least 2000.... Read More »

Toyota's new shares are popular in Japan

10:17 am U.S. ET | June 30, 2015

Japanese retail investors are flooding stock brokers with orders for a new class of Toyota shares, indicating the carmaker can fetch a good price for the issue and secure a new group of long-term investors.... Read More »

NEWS ANALYSIS

New VW brand boss Diess needs to cut costs, boost profits

June 30, 2015 06:01 CET

VW brand will have a new boss for the first time since 2007 when former BMW development chief Herbert Diess takes control. His tasks as successor to Martin Winterkorn, who remains VW Group CEO, include reining in costs, increasing profitability and making the brand a stronger player in the U.S.... Read More »

Spanish supplier Ficosa opens third China plant

June 30, 2015 11:32 CET

Spanish supplier Ficosa has opened its third Chinese plant in the city of Shenyang to supply automakers in the north of the country, including BMW.... Read More »

Camo-free Cadillac XT5 crossover spied in Manhattan

12:20 pm U.S. ET | June 29, 2015

Cadillac's new XT5 -- the replacement for the SRX midsize crossover -- will get a bolder front end but keep many of the same proportions of its predecessor, based on recent spy photographs.... Read More »

VW's Seat brand set to launch small SUV in 2017

June 29, 2015 21:34 CET

VW Group Spanish subsidiary Seat plans to launch a subcompact SUV/crossover by the end of 2017 as part of its effort to be sustainably profitable, a company source said.... Read More »

Audi makes key A4 model longer and lighter

June 29, 2015 14:23 CET

Audi released details and pictures of its new-generation A4, whose success will be crucial to the automaker's goal of passing BMW as the world's top-selling premium brand. The new A4 is slightly larger than the current model, which is Audi's global best-seller, but is lighter and has a more spacious interior.... Read More »

BMW, Toyota agree to platform on shared sports car

8:50 am U.S. ET | June 29, 2015

BMW AG and Toyota Motor Corp. are moving ahead on a project to jointly develop a midsize sports car with an agreement on common underpinnings of major components for the model.... Read More »

Philip Benton, former Ford president, dies at 86

3:51 pm U.S. ET | June 29, 2015

Philip Benton Jr., former president of Ford, died at his home in Massachusetts on June 14. He was 86.... Read More »

LETTER TO THE EDITOR

A role for dealers in lease transfers

12:01 am U.S. ET | June 29, 2015

I read with great interest about James B. Treece's experience in assuming the short-term lease of a Chevy Volt ("Mixed reviews are in after assuming lease for Volt," June 8). I agree with him. Dealers should have a role in the lease-transfer process.... Read More »

EDITORIAL

How dealers can protect themselves from bad actors

12:01 am U.S. ET | June 29, 2015

A blot on auto retailing is developing in Birmingham, Ala. Eight former employees of Serra Automotive Group pleaded guilty to charges including falsifying documents and two managers are accused of cheating on Nissan North America's national sales incentive program.... Read More »

DAVE GUILFORD

BLOG: Why Toyota can set the car-tech agenda

1:28 pm U.S. ET | June 29, 2015

Alix Partners assessed the ability of automakers to pay for the cool but expensive technology about to flood into vehicles. Perhaps to no one’s surprise, Toyota was by far the best-positioned.... Read More »

Leaf to get a big boost in driving range

12:01 am U.S. ET | June 29, 2015

Nissan, fighting falling sales of its Leaf electric vehicle, plans a midcycle update as early as August that aims to deliver a big boost in the EV's driving range, a person familiar with the project said.... Read More »

GM tweaks Colorado, Canyon turbodiesel for cold weather

12:01 am U.S. ET | June 29, 2015

Because diesel engines can get cranky in cold weather, General Motors engineers have redesigned several key components in the 2.8-liter Duramax four-cylinder turbodiesel coming this fall in the Chevrolet Colorado and GMC Canyon mid-sized trucks.... Read More »

Alfa's high-power reboot

12:01 am U.S. ET | June 29, 2015

To revive Alfa Romeo, Sergio Marchionne, CEO of Fiat Chrysler Automobiles, plans a performance-first approach. German premium competitors launch mainstream versions of their core models first and add high-performance variants later - RS at Audi, M at BMW and AMG at Mercedes-Benz. Alfa will do the opposite.... Read More »

Next-gen Prius may be ill-timed, but not ill-fated

12:01 am U.S. ET | June 29, 2015

While the timing isn't ideal, dealers, analysts and Toyota itself are all bullish on the prospects for the next-gen Prius. They credit the strength of the Prius brand, its promising looks and what's shaping up as a solid backup plan.... Read More »

 
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