Denso lifts profit forecast on weaker yen

9:09 am U.S. ET | July 31, 2015

Toyota-affiliated supplier Denso lifted its profit forecast for the first half of its fiscal year, citing bigger-than-expected currency gains from a weaker yen and higher overseas production of auto parts.... Read More »

VIDEO: First Shift: Honda, Subaru parent profits rise on robust U.S. sales

12:01 am U.S. ET | July 31, 2015

Honda, Subaru profits rise on U.S. sales; OnStar app under attack; Senate cracks down on automakers; Toyota skips Apple, Google; Snyder: U.S. to earn sales bronze.... Read More »

VW diesel ad campaign gets sassy

8:18 am U.S. ET | July 31, 2015

The Golden Sisters -- Mary Bartnicki, Josie Cavaluzzi and Teresa Dahlquist -- may not be new kids on the block, but they are Volkswagen's secret weapon as it seeks to rebuild its flagging U.S. sales.... Read More »

ANE's August e-magazine goes live Monday

July 31, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, August 3. This month's edition highlights Europe's first-half sales winners and looks at whether Greece's financial crisis will slow the region's stronger-than-expected rebound.... Read More »

BMW revamps China marketing to focus more on tech, less on the badge

July 31, 2015 12:21 CET

BMW will increase spending on online marketing in China to emphasize its technology as part of efforts to target younger buyers, who care more about the latest features than the brand as a status symbol.... Read More »

Maserati's profits will recover with Levante SUV, Marchionne says

July 31, 2015 11:44 CET

Maserati's profits will recover when the brand launches its first SUV next year, Fiat Chrysler CEO Sergio Marchionne said. Maserati's second-quarter earnings fell by 30 percent and global vehicle sales were down 13 percent.... Read More »

Pininfarina hopes to agree sale to Mahindra but drafts stand-alone business plan

July 31, 2015 11:29 CET

Pininfarina is still hoping to clinch a sale to Indian automaker Mahindra and Mahindra but has begun drafting a stand-alone business plan as its financial position worsens.... Read More »

Toyota holds Apple, Google at bay with Telenav navigation deal

4:34 pm U.S. ET | July 30, 2015

Toyota will turn to a little-known company instead of Apple or Google to provide navigation and phone connectivity, as it seeks to maintain control of the car features. Toyota has been the biggest holdout among automakers as Apple and Google turn dashboards into screens that closely mirror their smartphones.... Read More »

GM's OnStar app can be hacked, reseacher says

2:33 pm U.S. ET | July 30, 2015

A researcher is advising drivers to halt the use of a mobile app for General Motors' OnStar vehicle communications system, saying hackers can exploit a security flaw in the product to remotely unlock cars and start engines.... Read More »

Senate passes bill raising automaker fines to $105M

4:29 pm U.S. ET | July 30, 2015

The U.S. Senate passed legislation that will triple the maximum fines automakers pay for violations of motor-vehicle safety laws yet bypassed other measures sought by consumer groups.... Read More »

Ford F-150 aluminum repairs cost more than steel, IIHS says

12:01 am U.S. ET | July 30, 2015

Tests by the Insurance Institute for Highway Safety found that repairing body damage on the aluminum-bodied 2015 Ford F-150 took longer and cost 26 percent more than on the 2014 F-150 made of steel.... Read More »

BMW drivers collect $1,000 to delay charging i3 in Calif. pilot

10:19 am U.S. ET | July 30, 2015

In a new pilot program, a California utility is paying drivers of BMW electric cars to delay charging their vehicles when the power grid is under pressure.... Read More »

JULY U.S. AUTO SALES

GM pulls back on rental fleet sales, seeks better margins

11:44 am U.S. ET | July 30, 2015

General Motors will probably report weaker sales than some key rivals do in July. The largest U.S. automaker said that's because it's selling fewer vehicles to rental-car agencies -- not a lack of love in dealer showrooms.... Read More »

GM recalls 82,620 Cadillac ATS sedans over sunroof issue

4:49 pm U.S. ET | July 30, 2015

General Motors is recalling 82,620 Cadillac ATS sedans and issuing a stop sale on the vehicle for issues with the power sunroof. GM already had recalled 67,000 ATS sedans in February for the same issue.... Read More »

Chassix gets new board, $300M in financing

3:14 pm U.S. ET | July 30, 2015

Chassix Holdings, following its successful emergence from Chapter 11 bankruptcy proceedings, has secured $300 million of exit financing and named a new board of directors.... Read More »

VIDEO: AutoNews Now: Marchionne clarifies, compliments during Q2 call

12:01 am U.S. ET | July 30, 2015

Marchionne clarifies, compliments during Q2 call; Ford plant bomb threat; GM strike averted; limiting the CFPB's power; Amazon lands Clarkson.... Read More »

Uber launches car leasing unit, makes entry into financial services

11:56 am U.S. ET | July 30, 2015

Uber Technologies has launched its own auto leasing subsidiary to seek more drivers, injecting the fast-growing ride services company directly into the financial services sector for the first time.... Read More »

Amazon hires ex-Top Gear presenter Clarkson for TV series

11:02 am U.S. ET | July 30, 2015

Jeremy Clarkson, the TV presenter who was ousted as host of “Top Gear” this year, will front a new show on Amazon.com in 2016, underscoring the online retailer's drive to push its streaming service with big-ticket names.... Read More »

Mitsubishi Motors' April-June net falls 15%

1:51 pm U.S. ET | July 30, 2015

Mitsubishi Motors today said its fiscal first-quarter net income fell 15 percent to 23.99 billion yen, or $195.56 million, brought down by widening losses in Japan, poor performance in Europe and a drop in global factory unit sales.... Read More »

Ford engine plant reopened after bomb threat

10:42 am U.S. ET | July 30, 2015

Ford's engine plant in suburban Detroit was reopened this afternoon after the first shift was sent home earlier today because of a bomb threat.... Read More »

Tech is a key for new-car marketing, study says

12:50 pm U.S. ET | July 30, 2015

Targeting techies is an important marketing strategy for automakers, according to a new study from J.D. Power. The company's 2015 U.S. Automotive Media and Marketing Report -- Summer edition found that 30 percent of new-vehicle drivers cited their vehicle's latest technology as a reason for purchasing.... Read More »

BorgWarner Q2 earnings fall 21%

10:29 am U.S. ET | July 30, 2015

Auto supplier BorgWarner said its second-quarter earnings and revenue were hurt by the stronger U.S. dollar and lower-than-expected sales in China and other parts of the world.... Read More »

Mazda's quarterly profit falls 5.4% despite strong China, U.S. sales

4:53 am U.S. ET | July 30, 2015

Mazda said quarterly profit fell 5.4 percent despite higher auto sales in China and the U.S. that helped cushion the blow of foreign exchange losses and costs booked for new plants in Mexico and Thailand.... Read More »

Fiat Chrysler lifts guidance after strong second quarter

July 30, 2015 14:51 CET

Fiat Chrysler Automobiles raised its full-year profit guidance after better-than-expected second-quarter results on a strong performance in North America and record Jeep sales.... Read More »

FCA's Q2 profit rises 69% on strong NAFTA sales

9:02 am U.S. ET | July 30, 2015

Fiat Chrysler Automobiles said its second-quarter net income rose 69 percent to 333 million euros ($364 million) on a strong performance in North America and record global Jeep sales.... Read More »

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