2015 RISING STARS

Automotive News Europe salutes Virginie Maillard

May 21, 2015 06:01 CET

Automotive News Europe salutes the winners of the 2014 Rising Stars awards. Every day through June 4 one of the 14 winners will be featured. The Rising Star for Engineering is Renault's Virginie Maillard.... Read More »

Citroen names former BMW exec as China director

May 20, 2015 13:06 CET

Former BMW executive Sabine Scheunert is the new head of Citroen in China. Scheunert is the first woman to become director of a European brand in China and is responsible for Citroen's largest single market.... Read More »

Timeline of Takata airbag recalls

7:05 am U.S. ET | May 20, 2015

Following are some key events in the cumulative global recall by more than 10 automakers since 2008 of more than 31 million cars fitted with potentially defective airbags made by Takata.... Read More »

HANNAH LUTZ

BLOG: Uber, credit-challenged drivers walk the subprime tightrope

12:00 pm U.S. ET | May 20, 2015

Uber offers its credit-challenged drivers a finance program to help them buy their vehicles. But the program can put some drivers in trouble, according to a Marketplace.org report. Some auto industry experts fear that too many subprime loans could help trigger another financial crisis.... Read More »

California dealer group sues TrueCar, claims website acts as dealer

2:21 pm U.S. ET | May 20, 2015

The California New Car Dealers Association is suing TrueCar, accusing the vehicle-shopping site of breaking California laws on dealer licensing, brokering, advertising and disclosure.... Read More »

Autoliv ready to pump up capacity to meet Takata replacement inflator demand

6:30 am U.S. ET | May 20, 2015

Swedish auto safety gear maker Autoliv said today that it is ready to boost production capacity to meet increased demand as Japanese competitor Takata acknowledged its airbag inflators in nearly 34 million vehicles are defective.... Read More »

Autoliv is ready to increase capacity after Takata expands recall

May 20, 2015 11:10 CET

Swedish supplier Autoliv said it was ready to boost production capacity to meet increased demand as Japanese competitor Takata recalls an additional 17 million airbag inflators.... Read More »

Takata recall poses dilemma for U.S. backing untested fix

6:48 am U.S. ET | May 20, 2015

Takata's latest recall leaves U.S. regulators with a dilemma: swap defective airbags with parts that may be no safer than the original ones, or shoulder automakers with replacing 34 million vehicles.... Read More »

Takata changed design of its airbags in 2008, report says

6:32 am U.S. ET | May 20, 2015

Troubled airbag supplier Takata began changing the safety devices in 2008 to reduce the risk that humidity would cause them to deploy abnormally, three people familiar with the matter told Bloomberg.... Read More »

More replacement airbag production planned, Takata says

1:25 pm U.S. ET | May 20, 2015

Takata said it plans to boost production of parts needed to replace potentially deadly airbag inflators that could spray vehicle occupants with metal shards.... Read More »

Updated Pilot to become Honda's priciest U.S. vehicle

5:00 am U.S. ET | May 20, 2015

When the third-generation Pilot crossover goes on sale in June, its fully loaded Elite trim level will carry a sticker price of $47,300, including shipping.... Read More »

THE AIRBAG RECALL CRISIS

Takata says 265 airbag inflators ruptured during testing

1:49 pm U.S. ET | May 20, 2015

Embattled airbag supplier Takata told U.S. regulators that 265 of its airbag inflators ruptured in the company's testing since September. The ruptures occurred in ballistic tests of more than 30,000 airbag inflators Takata retrieved from recalled vehicles.... Read More »

DAVID BARKHOLZ

BLOG: How auto dealerships can 'starve' a union drive

4:12 pm U.S. ET | May 20, 2015

A tried-and-true method of getting union-sympathizing mechanics to quit is assign them electrical fixes and other tough jobs that end up taking longer than their allotted time.... Read More »

VIDEO: AutoNews Now: Takata airbags' hidden history

12:01 am U.S. ET | May 20, 2015

Hidden history to Takata airbag flaw?; When production capacity booms go bust; Letterman's top auto moments.... Read More »

Amid higher auto lending, 90-day delinquencies hold flat

11:30 am U.S. ET | May 20, 2015

Auto loan originations rose 12 percent in the first quarter from a year earlier, while 90-day delinquency rates held flat at 3.3 percent, the Federal Reserve Bank of New York said.... Read More »

At Buick store, service lane provides visuals to better sell F&I products

11:15 am U.S. ET | May 20, 2015

Aaron Logan has sold F&I products for 17 years, yet in the past six weeks his extended service contract penetration rate is nearly twice that of the year-earlier period. He credits the boost to his “religious” use of visual aids.... Read More »

Subprime loans fall to lowest share since 2012

12:00 pm U.S. ET | May 20, 2015

Subprime and deep subprime loans in the first quarter dropped to their lowest share of the market since 2012, Experian Automotive says.... Read More »

F&I TIP

Know GAP product details: Yours vs. theirs

10:45 am U.S. ET | May 20, 2015

In the competition between dealership and insurance company GAP deals, product education is key, says Damien Bullard, president at consulting firm IDDS Group. F&I managers should know the value of their product and how it compares to insurance companies’ offerings. “Product information is so important for finance managers to know if their GAP product is superior,” he says. He also suggests setting up insurance companies in-house to “control the flow.”... Read More »

Ford's Turkish plant cancels shift as labor unrest hits suppliers

May 20, 2015 08:27 CET

Ford Otosan, the Turkish arm of Ford, cancelled an extra working shift, citing supply chain problems amid widening labor unrest in Turkey's automotive sector.... Read More »

VIDEO: First Shift: Sergio's 'bad engineering day'

12:01 am U.S. ET | May 20, 2015

Jeep news: Quality issues snag Renegade deliveries; FCA nixes all-aluminum Wrangler; Pilot to be priciest Honda; Hyundai expansion decision near?; A Chrysler inspired by Aston Martin.... Read More »

Renault bets on cheap car with high-end features in India

May 20, 2015 10:24 CET

Renault hopes to succeed where Nissan's Datsun brand has stumbled by introducing the Kwid minicar in India. The hatchback will start at $4,700 and offer equipment not common in the country's best-selling small cars such as an airbag and navigation functions.... Read More »

2015 RISING STARS

Automotive News Europe salutes Massimo Frascella

May 20, 2015 06:01 CET

Automotive News Europe honors the winners of the 2015 Rising Stars awards. Every day through June 4 one of the 14 winners will be featured. The Rising Star for Design is Massimo Frascella of Jaguar Land Rover.... Read More »

NICK GIBBS

BLOG: Honda works smart to fill UK plant

4:52 am U.S. ET | May 20, 2015

Honda has reduced the problem of drastic undercapacity at its factory in Swindon, England, after the automaker's production took a hit from Europe's economic slump, by inviting suppliers to utilize the empty space.... Read More »

Borgward revival led by former Daimler China boss

May 19, 2015 06:01 CET

Borgward named former Daimler China boss Ulrich Walker as its CEO as the company prepares to resurrect the German brand with Chinese backing.... Read More »

What people are saying about 2016 Chevy Camaro

11:30 am U.S. ET | May 19, 2015

Chevrolet, on the heels of the redesigned Ford Mustang, is bringing out a reskinned and re-engineered Camaro sports car for 2016, raising the ante in Detroit's pony car battle. Here's a look at what some journalists and analysts have to say about the latest Camaro.... Read More »

Automotive News
Special Video Report
Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
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