Ford tells U.S. dealers to stop selling some C-Max, Focus models

11:05 am U.S. ET | Aug. 21, 2014
Ford told its dealers in the United States to stop test-driving and selling C-Max and Focus models produced during a week this month because of potential problems with the steering gear assembly, a notice sent to dealers on Wednesday shows.... Read More »

 

RICHARD TRUETT

Is Ford rolling the dice with changes to 2015 Mustang?

2:26 pm U.S. ET | Aug. 21, 2014
The new Mustang is bigger, heavier, thirstier and more expensive than the outgoing '14 model. It's a recipe for killing a sports car.... Read More »

 

Cadillac considers moving some staff functions to Manhattan

1:39 pm U.S. ET | Aug. 21, 2014
Cadillac is considering adding or shifting some staff functions from Detroit to Manhattan, GM said today, as part of an effort to remake the brand's image and broaden its appeal outside North America under new boss Johan de Nysschen.... Read More »

 

Novelis: Aluminum sales to automakers will nearly triple on new emissions, mpg rules

8:49 am U.S. ET | Aug. 21, 2014
Novelis, the world's biggest supplier of aluminum sheeting to carmakers, expects sales to customers including Audi and Ford to rise almost three-fold as new emissions rules restrict the use of steel.... Read More »

 

Kia brings back hamsters for Soul EV ad campaign

12:49 pm U.S. ET | Aug. 21, 2014
Kia rolled out the new “fully charged” ad campaign for the Soul EV today, featuring Adam Levine's falsetto on the new Maroon 5 track “Animals” and, of course, the Kia hamsters.... Read More »

 

Penske Media acquires Fairchild trade magazines from Conde Nast

7:40 am U.S. ET | Aug. 21, 2014
Penske Media, the Los Angeles-based publishing company founded by automotive heir Jay Penske, is acquiring Fairchild Fashion Media's trade magazines from Conde Nast Publications.... Read More »

 

Toyota to cut prices of Lexus parts in China amid antitrust concerns

7:09 am U.S. ET | Aug. 21, 2014
Toyota said today it would cut prices of parts for its luxury Lexus models in China, following similar moves by its German rivals, in response to heightened regulatory scrutiny over antitrust issues.... Read More »

 

Denso fined $2.2 million in Canada for violation of competition law

6:47 am U.S. ET | Aug. 21, 2014
Japanese supplier Denso said today it has been fined more than $2 million by a court in Canada for violation of that country's competition law in connection with sales of certain body electronic control units for motor vehicles.... Read More »

 

Sixt says BMW car-sharing venture is profitable in most cities

Aug. 21, 2014 11:43 CET
Germany's Sixt said its DriveNow car-sharing venture with BMW is profitable in cities where it has been operating for more than a year as sign-ups exceed forecasts.... Read More »

 

New and premium models boost UK car exports to July record

Aug. 21, 2014 10:44 CET
The UK has reported record car exports for July as production rose by nearly 3 percent year-on-year last month because of new models and strong sales of top-end vehicles.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Conti exec says automated driving requires tight ties with many partners

Aug. 21, 2014 06:01 CET
Continental executive Helmut Matschi says automated driving will emerge gradually in the next decade. He also believes that to be successful, suppliers will need to collaborate more than ever with non-automotive companies.... Read More »

 

NHTSA launches VIN tool to search for recalls

12:01 am U.S. ET | Aug. 20, 2014
Car buyers and owners can use a vehicle's identification number to identify open or unrepaired safety recalls with a new search tool released by NHTSA starting today. Consumers enter a VIN to find out whether the vehicle has any open, unrepaired recalls and whether the automaker has a fix available.... Read More »

 

CFPB fines subprime lender First Investors Financial Services Group for sending credit bureaus inaccurate info

12:30 pm U.S. ET | Aug. 20, 2014
The Consumer Financial Protection Bureau fined subprime auto lender First Investors Financial Services Group nearly $3 million for knowingly providing inaccurate information to credit reporting agencies for at least three years.... Read More »

 

First Shift: Car that will 'define' Cadillac

12:01 am U.S. ET | Aug. 20, 2014
Big car must be symbol of excellence, Reuss says; ADP Dealer Services changing name; Lear in leather?; L.A. show plans.... Read More »

 

Police arrest 3 plant officials tied to deadly blast at China parts factory

4:14 pm U.S. ET | Aug. 20, 2014
Chinese police have arrested three people in connection with an explosion at an auto parts plant that killed 75 people in China's worst industrial accident in a year, state media reported.... Read More »

 

LG Chem says it has battery order from Audi for plug-in hybrid cars

Aug. 20, 2014 15:16 CET
LG Chem says it will supply batteries for Audi's growing lineup of plug-in hybrids. Audi began European sales of its first plug-in hybrid, the A3 Sportback e-tron, in June and plans to add at least three more plug-in hybrids.... Read More »

 

EU regulators seek to close car emissions testing loopholes

Aug. 20, 2014 13:30 CET
EU regulators are pushing for legislation that will require vehicles to be tested on roads rather than in laboratories in a bid to close loopholes that allow carmakers to exaggerate fuel-saving and emissions credentials.... Read More »

 

Ford plans new hybrid series to compete with Toyota Prius, report says

6:11 pm U.S. ET | Aug. 20, 2014
Ford plans to introduce a new hybrid gasoline-electric car in late 2018 to compete against the best-selling Toyota Prius, Reuters reported, citing two sources with knowledge of the company's plans. The compact car will be Ford's first "dedicated" hybrid -- that is a vehicle designed to be marketed exclusively as a hybrid, rather than a variation of an existing gasoline model, such as the automaker's Fusion hybrid.... Read More »

 

Hertz investor presses board to replace CEO Frissora

3:49 pm U.S. ET | Aug. 20, 2014
Hertz investor Fir Tree Partners, which holds more than 3 percent of the stock, is urging the company's board to replace CEO Mark Frissora because the firm disapproves of how he's running the car-rental provider.... Read More »

 

AutoNews Now: Gearing up to save fuel

12:01 am U.S. ET | Aug. 20, 2014
8-speed transmission helps Corvette hit 29 mpg; CFPB fines subprime lender $2.75 million; LG Chem lands Audi battery deal.... Read More »

 

JIM HENRY

Did dealers hurt themselves with the carve out?

12:01 am U.S. ET | Aug. 20, 2014
There’s no mistaking that federal regulators are serious about policing auto lenders. By extension, auto dealers feel they’ve got a big target on their backs, too.... Read More »

 

2015 Corvette will get 29 mpg highway, GM says

8:00 am U.S. ET | Aug. 20, 2014
An 8-speed automatic transmission debuting in the 2015 Chevrolet Corvette boosts fuel economy by 3.5 percent over the six-speed it replaces and gives the General Motors long-running sports car an EPA highway rating of 29 mpg, its highest rating ever.... Read More »

 

Uber hires former Obama adviser Plouffe to counter opponents

12:19 am U.S. ET | Aug. 20, 2014
Uber Technologies, the popular mobile car-booking app, hired David Plouffe, a former top political adviser to President Obama, to help it cope with regulatory hurdles and mounting opposition from cabbies around the globe.... Read More »

 

Auto loans could get boost from revamped FICO scores

12:01 am U.S. ET | Aug. 20, 2014
A planned update in the way FICO scores are calculated should help some borrowers qualify more easily for auto loans by putting less weight on overdue medical debt when calculating credit scores, according to Fair Isaac Corp.... Read More »

 

Canadians stretch out auto loans as debt warnings go ignored

5:34 am U.S. ET | Aug. 20, 2014
The average term of a light-vehicle loan in Canada is 69 months, close to a peak of 72 months set in the third quarter of 2013, according to J.D. Power. Longer-term car loans are leaving Canadians in debt for a longer time, analysts say. And the borrowing binge adds to signs Canadians are continuing to buy big-ticket items and tuning out warnings about unsustainable debt growth.... Read More »

 

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