Two Las Vegas dealerships settle deceptive advertising charges

3:47 pm U.S. ET | June 29, 2015

Two Las Vegas car dealerships have agreed to settle Federal Trade Commission charges that they used deceptive advertising. The dealerships, Planet Hyundai and Planet Nissan, ran ads that misrepresented the purchase price or leasing offers of their vehicles and the amount due at signing, the FTC said.... Read More »

Hyundai's ad agency swaps CEOs; top marketer leaves

5:45 pm U.S. ET | June 29, 2015

Hyundai's ad agency, Innocean, has executed a changing of the guard that sources described as an attempt to strengthen ties with Hyundai.... Read More »

BMW, Toyota agree to platform on shared sports car

8:50 am U.S. ET | June 29, 2015

BMW AG and Toyota Motor Corp. are moving ahead on a project to jointly develop a midsize sports car with an agreement on common underpinnings of major components for the model.... Read More »

BB&T to launch flat fees; feds applaud

12:01 am U.S. ET | June 29, 2015

Auto retailers working with BB&T Dealer Finance soon can expect to be paid flat fees, rather than dealer reserve, for arranging customers' loans. BB&T will launch a nondiscretionary dealer compensation program on July 1.... Read More »

Car-sharing plan cuts owner costs

12:01 am U.S. ET | June 29, 2015

Ford Motor Co. is entering the car-sharing market with a program that will cut Ford Credit customers' vehicle costs by enabling them to rent out their cars. The pilot program, Peer-2-Peer Car Sharing, invites 26,000 select Ford Motor Credit Co. customers in six U.S. cities and London to rent their vehicles to other drivers for short-term use.... Read More »

VIDEO: AutoNews Now: Foreign-truck flood ahead?

12:01 am U.S. ET | June 29, 2015

Foreign-truck flood ahead?; A close-up look at Cuba's car culture; Touchdown for Hyundai; Audi A4 gets makeover; Vegas stores to settle FTC charges.... Read More »

Philip Benton, former Ford president, dies at 86

3:51 pm U.S. ET | June 29, 2015

Philip Benton Jr., former president of Ford, died at his home in Massachusetts on June 14. He was 86.... Read More »

VW's Seat brand set to launch small SUV in 2017

June 29, 2015 21:34 CET

Volkswagen's Spanish brand Seat plans to launch a subcompact SUV/crossover by the end of 2017 as part of its plans to be sustainably profitable, a company source said.... Read More »

LETTER TO THE EDITOR

A role for dealers in lease transfers

12:01 am U.S. ET | June 29, 2015

I read with great interest about James B. Treece's experience in assuming the short-term lease of a Chevy Volt ("Mixed reviews are in after assuming lease for Volt," June 8). I agree with him. Dealers should have a role in the lease-transfer process.... Read More »

EDITORIAL

How dealers can protect themselves from bad actors

12:01 am U.S. ET | June 29, 2015

A blot on auto retailing is developing in Birmingham, Ala. Eight former employees of Serra Automotive Group pleaded guilty to charges including falsifying documents and two managers are accused of cheating on Nissan North America's national sales incentive program.... Read More »

DAVE GUILFORD

BLOG: Why Toyota can set the car-tech agenda

1:28 pm U.S. ET | June 29, 2015

Alix Partners assessed the ability of automakers to pay for the cool but expensive technology about to flood into vehicles. Perhaps to no one’s surprise, Toyota was by far the best-positioned.... Read More »

Camo-free Cadillac XT5 crossover spied in Manhattan

12:20 pm U.S. ET | June 29, 2015

Cadillac's new XT5 -- the replacement for the SRX midsize crossover -- will get a bolder front end but keep many of the same proportions of its predecessor, based on recent spy photographs.... Read More »

Leaf to get a big boost in driving range

12:01 am U.S. ET | June 29, 2015

Nissan, fighting falling sales of its Leaf electric vehicle, plans a midcycle update as early as August that aims to deliver a big boost in the EV's driving range, a person familiar with the project said.... Read More »

GM tweaks Colorado, Canyon turbodiesel for cold weather

12:01 am U.S. ET | June 29, 2015

Because diesel engines can get cranky in cold weather, General Motors engineers have redesigned several key components in the 2.8-liter Duramax four-cylinder turbodiesel coming this fall in the Chevrolet Colorado and GMC Canyon mid-sized trucks.... Read More »

Alfa's high-power reboot

12:01 am U.S. ET | June 29, 2015

To revive Alfa Romeo, Sergio Marchionne, CEO of Fiat Chrysler Automobiles, plans a performance-first approach. German premium competitors launch mainstream versions of their core models first and add high-performance variants later - RS at Audi, M at BMW and AMG at Mercedes-Benz. Alfa will do the opposite.... Read More »

Next-gen Prius may be ill-timed, but not ill-fated

12:01 am U.S. ET | June 29, 2015

While the timing isn't ideal, dealers, analysts and Toyota itself are all bullish on the prospects for the next-gen Prius. They credit the strength of the Prius brand, its promising looks and what's shaping up as a solid backup plan.... Read More »

Bill Ford to receive award from Steven Spielberg

1:15 pm U.S. ET | June 29, 2015

Ford Executive Chairman Bill Ford will receive the Ambassador for Humanity Award from the USC Shoah Foundation at the organization's gala on Sept. 10. Hollywood legend Steven Spielberg will present Ford with the award.... Read More »

Audi makes key A4 model longer and lighter

June 29, 2015 14:23 CET

Audi released details and pictures of its new-generation A4, whose success will be crucial to the automaker's goal of passing BMW as the world's top-selling premium brand. The new A4 is slightly larger than the current model, which is its global best-seller, but is lighter and has a more spacious interior.... Read More »

BMW, Toyota move ahead on sports car with agreement on platform

June 29, 2015 14:58 CET

BMW and Toyota have moved a step further on a project to jointly develop a midsize sports car with an agreement on common underpinnings for the model. The two carmakers outlined plans for the sports car in early 2013.... Read More »

GM ignition-switch death claims rise to 119

11:32 am U.S. ET | June 29, 2015

General Motors’ defective ignition switches are now linked to 119 deaths, two more than a week ago, the office of attorney Kenneth Feinberg said.... Read More »

After 'chicken tax,' a flood of foreign trucks?

12:01 am U.S. ET | June 29, 2015

Two free-trade deals the U.S. is trying to negotiate would roll back the so-called chicken tax. Critics of the tax say it has priced imported trucks out of the market, shielding the Detroit 3's biggest profit machine from robust foreign competition. The tariff also has had other effects, experts say, such as stifling pickup innovation and motivating Japanese automakers to build U.S. factories.... Read More »

Hyundai snags NFL sponsorship, replacing GM

10:00 am U.S. ET | June 29, 2015

Hyundai and the NFL jointly announced a four-year sponsorship deal today as the Korean automaker continued its push into sports marketing. The new sponsorship, which replaces General Motors, allows Hyundai to use NFL trademarks in its own advertising. Hyundai also gains preferred marketing access to annual events such as the Scouting Combine for draft-eligible players, the NFL Draft and the Super Bowl.... Read More »

Toyota uses geography-targeted Snapchat ads

10:33 am U.S. ET | June 29, 2015

Toyota is driving "Let's Go Places" to some new digital venues that are decidedly local.... Read More »

FCA recalls small number of SUVs over suspension complaint

6:28 am U.S. ET | June 29, 2015

Fiat Chrysler Automobiles is recalling a small number of new SUVs that may have been equipped with improperly heat-treated suspension components.... Read More »

VIDEO: First Shift: Nissan plans longer-range Leaf

12:01 am U.S. ET | June 29, 2015

Nissan to boost Leaf range in midcycle update; Moving up Chevy Bolt; Dodge to make more Hellcat engines; VW planning budget car; Urgent FCA recall; Outlook for new Prius.... Read More »

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