Chinese automakers Dongfeng, FAW halt trading on merger reports

May 5, 2015 08:09 CET

Chinese automakers Dongfeng Motor, which has a 14 percent stake in PSA, and FAW Group, a joint venture partner of VW, today halted trading in shares of their listed subsidiaries, with Dongfeng saying it checked into reports that the two companies would merge.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW sales boss shares how brand is adapting to big changes in China

May 5, 2015 06:15 CET

China's rapidly developing auto market has led some cities to restrict new-car sales and forced the country's dealers to rely more heavily on selling used cars rather than new models. BMW brand sales boss Ian Robertson told Automotive News Europe what the automaker is doing to cope with these changes.... Read More »

Bentley concept coupe aims for Aston's turf

12:01 am U.S. ET | May 4, 2015

Bentley wants a piece of Aston Martin's sports car business. It's testing the waters with a two-seat concept coupe that has received acclaim on the auto show circuit.... Read More »

Sleek Malibu may be just the start for GM

12:01 am U.S. ET | May 4, 2015

Much of General Motors' sedan lineup in coming years will go on the same diet that shaved a whopping 300 pounds from the redesigned 2016 Chevrolet Malibu.... Read More »

JOE HINRICHS INTERVIEW

Ford rides truck wave as small cars fizzle

12:01 am U.S. ET | May 4, 2015

After preparing for a future built on small cars, Ford is now straining to keep up with demand for SUVs and crossovers. What's more, the main reason Ford upped its profit guidance last week is demand for the new F-150 pickup, Americas chief Joe Hinrichs says.... Read More »

Supplier Sakthi bets on hiring ex-felons

9:17 am U.S. ET | May 4, 2015

Sakthi Automotive Group USA, in the nascent stages of a massive expansion project on the Detroit waterfront, is betting big on a nontraditional sort of workforce: convicted felons.... Read More »

Hyundai names new Europe chief

May 4, 2015 15:09 CET

Hyundai said company veteran Hyung Cheong Kim is the new president and CEO of its European operations, the third major reshuffle for the automaker in the region in less than a year. Kim replaces Byung Kwon Rhim, who moves to Seoul to head Hyundai Motors' international sales division.... Read More »

Italy's new-car sales rose 25% in April

May 4, 2015 21:10 CET

Italy joined France and Spain in reporting higher new-car sales in April. Italian registrations rose nearly 25 percent to 148,807 vehicles, the country's transport ministry said.... Read More »

M-B faces need to grow service capacity

12:01 am U.S. ET | May 4, 2015

Mercedes-Benz USA is on track to sell 400,000 vehicles in the next few years and needs 25 percent more service capacity at its dealerships, said CEO Steve Cannon.... Read More »

JOSE MUNOZ | CHAIRMAN, NISSAN NORTH AMERICA

Munoz says Nissan's 10% U.S. share in reach

12:01 am U.S. ET | May 4, 2015

Nissan Chairman Jose Munoz faces a difficult assignment: He must take Nissan and Infiniti to a combined 10 percent US market share by March 2017, up from 8.4 percent at the end of 2014.... Read More »

He's sold Floyd Mayweather 39 cars and counting

12:01 am U.S. ET | May 4, 2015

Los Angeles exotic-car dealer Obi Okeke was sound asleep when his phone rang one morning at 3 a.m. last year.... Read More »

Champion of mpg pact says it will hold up

12:01 am U.S. ET | May 4, 2015

One of the chief architects of U.S. mandates for huge gains in fuel economy by 2025 says automakers have made so many technical advances they'll pass on their chance to push for less-stringent rules.... Read More »

Spain's car-sales growth slows as subsidies end

May 4, 2015 13:20 CET

Spanish new-car sales rose 3.2 percent last month, down from a 41 percent rise in March as the latest phase of a government subsidy scheme ended. The government is expected to further extend the scheme, which has resulted in 20 straight months of growth in the market.... Read More »

Average U.S. fuel economy fell in April

1:37 pm U.S. ET | May 4, 2015

The average fuel economy of light vehicles sold in the US dropped one-fifth of a mpg last month from March, according to a monthly report by the University of Michigan Transportation Research Institute.... Read More »

VW board to discuss recruitment of new chairman, reports say

May 4, 2015 13:35 CET

Volkswagen's supervisory board was meeting to discuss finding a new chairman to fill the void left by Ferdinand Piech's departure, reports said. The meeting precedes what is likely to be a tense annual gathering of VW shareholders on Tuesday.... Read More »

French vehicle sales rise 1.8% in April

May 4, 2015 11:03 CET

French vehicle sales rose 1.8 percent in April with Renault's performance outpacing its peer PSA/Peugeot-Citroen. The figures confirm the positive trend so far this year, which led industry association CCFA to upgrade its annual forecast from flat to 2 percent growth.... Read More »

VIDEO: AutoNews Now: Mercedes takes luxury lead

12:01 am U.S. ET | May 4, 2015

Mercedes takes lead in tight U.S. luxury race; GM hits 500,000-vehicle milestone, invests in KS plant; Ford offers CNG option for F-150; Audi and the Force... Read More »

LARRY P. VELLEQUETTE

BLOG: How auto dealers can get behind safer driving, 1 teen at a time

1:46 pm U.S. ET | May 4, 2015

This weekend, I experienced a community service program, born out of tragedy, that is tailor-made for local auto dealer cooperation.... Read More »

MIKE COLIAS

BLOG: Hooray for GM's 500 millionth vehicle?

10:39 am U.S. ET | May 4, 2015

GM today is celebrating its 500 millionth vehicle. But GM knows -- perhaps better than any company on the planet -- that the ability to manufacture a lot of product, in and of itself, is no cause for celebration.... Read More »

AutoNation says April sales grew 5.8%

12:52 pm U.S. ET | May 4, 2015

AutoNation said its new-vehicle sales increased 5.8 percent last month from a year earlier, with gains in luxury and domestic brand sales but a loss in its import segment.... Read More »

STEVE CANNON | CEO, MERCEDES-BENZ USA

At Mercedes, signs point to a strong year

12:01 am U.S. ET | May 4, 2015

Two years from now, Mercedes-Benz USA will be a different company with "a new level of energy," CEO Steve Cannon said.... Read More »

GM fund approves 7 more death claims

11:10 am U.S. ET | May 4, 2015

GM's ignition-switch compensation fund approved another seven death claims associated with ignition switch defects in its cars in the past week, bringing the total to 97 deaths, the office administrating GM’s compensation fund said.... Read More »

Isn't it lovely? Tesla ride thrills Wonder

12:01 am U.S. ET | May 4, 2015

Appearing on "Conan" last week, comedian Cedric the Entertainer told a story about giving Stevie Wonder a ride in C.T.E.'s Tesla.... Read More »

Volvo sales rise 2.3% in April as Europe growth offsets weak China, U.S.

May 4, 2015 15:56 CET

Volvo's vehicle sales rose 2.3 percent in April as growth in Western Europe offset weaker demand in China and the U.S. Separately, Volvo said it is adding a third shift at its plant in Sweden to meet demand for the new XC90 SUV.... Read More »

AUTOMECHANIKA CHICAGO TRADE SHOW

Repair shops strive to stay head of the pace

12:01 am U.S. ET | May 4, 2015

Insurance companies are increasingly savvy at reducing payments for repair work. Repair shops say insurers are steering them to aftermarket parts from China and other low-cost countries, which some say are inferior to factory-approved parts.... Read More »

Automotive News
Special Video Report
Smart use of phones, sales teams lift Wash. stores

Smart use of phones, sales teams lift Wash. stores

Sales employees at Ford and Hyundai of Kirkland have tapped smartphones to show how customers are “buying a relationship” with the group. Mon., May 4
» Watch the Video
     
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