European chamber urges China to ease aftermarket rules

Sept. 12, 2014 14:03 CET
The European Union Chamber of Commerce in China has urged the nation's government to allow more competition for vehicle aftermarket service as it says current regulations are the "key driver" of the monopoly situation that has led to state probes within the auto industry.... Read More »

 

Ford recalls 74,000 older Escape, Mercury Mariner hybrids

10:34 am U.S. ET | Sept. 12, 2014
Ford is recalling about 74,000 older-model Escape and Mercury Mariner crossover vehicles because the electronic hybrid system may overheat.... Read More »

 

VW-SAIC joint venture names industry veteran as president

Sept. 12, 2014 16:30 CET
Shanghai Volkswagen Automotive, a joint venture between VW and SAIC Motor, hired veteran executive Chen Zhangxian as its new president. Shanghai Volkswagen operates five plants in China and sold 1.1 million VW and Skoda vehicles in the first eight months.... Read More »

 

JLR will build Range Rover Evoque in China

Sept. 12, 2014 10:28 CET
Jaguar Land Rover says the Range Rover Evoque will be the first model built at the company's new China factory. The automaker also said that it may add production of its new Land Rover Discovery Sport at a later date.... Read More »

 

First Shift: Nev. allows Tesla direct sales

12:01 am U.S. ET | Sept. 12, 2014
Gov. signs $1.3B incentive package in 'gigafactory' deal; Corvette recalls; Honda hands-free demo; Titan of crowdsourcing.... Read More »

 

VW Group deliveries rise 3% in August

Sept. 12, 2014 12:29 CET
VW Group sales rose 3 percent in August as gains in Europe and China continued to offset declines in the U.S. and South America. Eight-month deliveries increase by 6 percent as group brands including Audi and Porsche increased volume.... Read More »

 

VW, Chrysler fined $46 million by China regulator for price monopoly

Sept. 11, 2014 11:10 CET
VW Group and Chrysler were fined a combined $46 million by China's anti-monopoly regulator in the first-ever punishment of foreign carmakers for price fixing. The penalty raised the possibility of similar fines for Mercedes and Jaguar Land Rover.... Read More »

 

Fiat awards Ferrari Chairman Montezemolo 27 million euros severance package

Sept. 11, 2014 09:18 CET
Ferrari Chairman Luca Cordero di Montezemolo will receive a severance package worth nearly 27 million euros ($34.89 million). Montezemolo quit after clashing with Fiat Chrysler CEO Sergio Marchionne over the supercar maker's future.... Read More »

 

Ferrari will build more cars with Marchionne as chairman to keep pace with super rich

Sept. 11, 2014 16:18 CET
Ferrari will cater to growing numbers of super rich clients by building more cars than previously planned after Sergio Marchionne becomes chairman of the company. Marchionne said in May that the brand had the potential to sell about 10,000 vehicles annually, a rise of 43 percent over current figures.... Read More »

 

AutoNews Now: Marchionne upbeat on Q3

12:01 am U.S. ET | Sept. 11, 2014
Fiat Chrysler can finance 5-year plan, CEO says; Opel minicar; where Barra sees 'opportunities'; Texas-sized theft trend.... Read More »

 

Manheim rolls out program that lets dealers return vehicles

12:15 pm U.S. ET | Sept. 11, 2014
Dealers who buy almost any vehicle at a Manheim auction location also can purchase the right to return those vehicles for any reason for up 21 days or 500 miles, whichever comes first. The nation's largest auto auction company is now offering optional protection from DealShield, its sister company, that guarantees the purchaser a 100 percent refund of the purchase price plus buyer's fees if they choose to return the vehicle.... Read More »

 

THE GM RECALL

GM has substantially completed vehicle recalls, Barra says

9:06 am U.S. ET | Sept. 11, 2014
General Motors has “substantially completed” its vehicle recalls, CEO Mary Barra said. “We're working hard to make sure that as new vehicles come out, they achieve even higher levels” of quality and safety, Barra told reporters in New Delhi today. “We're very focused to being industry leaders.”... Read More »

 

First Shift: Little Mazda, big battle

12:01 am U.S. ET | Sept. 11, 2014
Subcompact faces Sonic, Fiesta; Toyota Mexico plant?; fresh ads coming for Lincoln Navigator; $35M for Ferrari exec.... Read More »

 

Jeep launches Renegade into fast-growing segment

Sept. 11, 2014 14:26 CET
Jeep will begin later this month its foray into the market for subcompact SUVs -- the industry's fastest-growing volume segment -- when it starts sales of the Renegade,... Read More »

 

GM issues 2 recalls, stop-sale orders for 2015 Corvettes

8:58 pm U.S. ET | Sept. 11, 2014
General Motors is issuing two more recalls, both on the 2015 Chevrolet Corvette, according to stop-delivery orders sent to dealers today. The recalls, GM's first in more than a month, bring its total number for the year to 67.... Read More »

 

Fiat's Marchionne sticks to 2014 guidance

Sept. 11, 2014 15:57 CET
Fiat CEO Sergio Marchionne says he sees no reason at present to review the carmaker's 2014 financial guidance despite weakness in Europe and Latin America. After poor second-quarter results from Fiat, analysts were widely expecting a cut in guidance.... Read More »

 

Chrysler minivans receive over 100 complaints of engine stalls in U.S.

6:28 pm U.S. ET | Sept. 11, 2014
Federal auto safety regulators have received more than 100 complaints about engine stalling from owners of Chrysler minivans from model years 2004-2007, according to a Reuters analysis.... Read More »

 

Hertz reaches pact with Icahn to replace 3 directors

4:44 pm U.S. ET | Sept. 11, 2014
Hertz Global Holdings reached an agreement in principle with billionaire investor Carl Icahn to appoint three directors to the board of the rental-car company in place of current members.... Read More »

 

Toyota recalling 130,000 Tundras for airbag issue

2:36 pm U.S. ET | Sept. 11, 2014
Toyota recalling 130,000 2014 Tundra pickup trucks in the United States to correct a problem with side airbags, the automaker's sales arm said today.... Read More »

 

Tesla's Musk named Vanity Fair's top 'disrupter'

3:57 pm U.S. ET | Sept. 11, 2014
Tesla Motors CEO Elon Musk can add another accomplishment to his resume today: Vanity Fair has named him the top disrupter in its New Establishment list of influential players in technology, entertainment, finance and politics.... Read More »

 

Kia prices Soul EV at $33,700, above Leaf

3:54 pm U.S. ET | Sept. 11, 2014
The Kia Soul EV, Hyundai Motor Group’s first all-electric vehicle, will cost $33,700 before shipping and government incentives when it arrives in U.S. dealerships this fall.... Read More »

 

A look back at 9/11's impact on the auto industry

1:38 pm U.S. ET | Sept. 11, 2014
The aftermath of the Sept. 11, 2001, terror attacks swept through the auto industry, from the executive offices to the plants to the dealer lots. At the time, there were more questions than answers in a shaken nation – and a global industry.... Read More »

 

Opel targets Chevy buyers with new entry-level car

Sept. 11, 2014 12:41 CET
Opel/Vauxhall will launch a budget minicar in Europe next year to win customers from the Chevrolet brand, which will be discontinued in the region at the end of 2015.... Read More »

 

AMY WILSON

How two old friends made the AutoNation-Barrier deal happen

11:01 am U.S. ET | Sept. 11, 2014
Jimmy Barrier's decision to sell his Seattle-area luxury-brand dealerships to AutoNation was more than 30 years in the making. That's how far back Barrier goes with AutoNation CEO Mike Jackson.... Read More »

 

BMW's brand sales rise 6% in August on China, U.S. demand

Sept. 11, 2014 09:56 CET
Sales of BMW's core brand increased 6 percent in August, boosted by strong demand in China and the U.S. Eight-month deliveries rose 10 percent, helping the marque to maintain its lead in global premium sales over rival Audi.... Read More »

 

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Over-the-hill used cars, $14.95 oil changes fuel Honda store

Over-the-hill used cars, $14.95 oil changes fuel Honda store

Aging, high-mileage trade-ins are welcomed at RiverTown Honda in Grandville, Mich. The store sells up to 30 'Budget Row' cars monthly at an average gross profit of $700. Mon., September 8
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