GM, short of sheetmetal, idles pickup output at Ind. plant

12:53 pm U.S. ET | July 30, 2014
Production at one of General Motors' three pickup plants has been idled because of an interruption in sheetmetal supplies, the company said today.... Read More »

 

Jaguar touts aluminum features on upcoming XE

12:35 pm U.S. ET | July 30, 2014
Jaguar Land Rover is touting the aluminum features on its upcoming Jaguar XE sedan, promising it will be the most fuel efficient vehicle in brand history.... Read More »

 

Fiat profit falls on weak North, South America performance; Europe loss reduced

July 30, 2014 11:33 CET
Fiat reported a fall in second-quarter operating profit as a better performance from its luxury brands and its Asia and European operations failed to offset weak Latin American and disappointing North American results.... Read More »

 

Small cars struggle in latest round of IIHS crash tests

12:01 am U.S. ET | July 30, 2014
Small cars performed poorly in a new round of insurance industry crash testing, with the four-door Mini Cooper Countryman receiving the only good rating of 12 cars evaluated. Meanwhile, the lithium ion electric batteries of the Chevrolet Volt plug-in hybrid and Nissan Leaf electric vehicle survived during their first Insurance Institute for Highway Safety tests with no problems reported.... Read More »

 

Volume hot, profits not, for GM Financial, Ford Credit

12:01 am U.S. ET | July 30, 2014
North American auto loan and lease originations combined rose in the second quarter from the year-earlier period for both Ford Motor Co.'s and General Motors' captive finance companies.... Read More »

 

Dahlheim named CEO of VW Credit

12:01 am U.S. ET | July 30, 2014
VW Credit named CFO Christian Dahlheim CEO of the captive finance company today, succeeding Andrew Stuart, who left the company to become CEO of U.S. operations for TD Auto Finance.... Read More »

 

BMW Group tops dealer finance satisfaction survey

12:01 am U.S. ET | July 30, 2014
BMW Group Financial Services dominated nearly every category of J.D. Power's 2014 U.S. Dealer Financing Satisfaction Study released this week.... Read More »

 

Group 1 leads peers in F&I revenue per vehicle; Penske trails again

12:01 am U.S. ET | July 30, 2014
Group 1 Automotive's 120 U.S. dealerships had the highest average F&I revenue per vehicle retailed in the second quarter among the six publicly traded new-car groups. It was the fourth quarter in a row that Group 1 posted higher results than its peers.... Read More »

 

Marchionne says he is open to new alliances but won't sell Alfa Romeo

July 30, 2014 17:10 CET
Fiat CEO Sergio Marchionne reiterated that Alfa Romeo will not be sold but said he remains open to forming alliances with other carmakers if it helped cut costs.... Read More »

 

Redesigned Mercedes-Benz C-class sedan packed with new tech

10:38 am U.S. ET | July 30, 2014
Mercedes-Benz is vying for the luxury compact crown with the redesigned 2015 C-class sedan, equipped with new technology and features trickled down from the S-class flagship.... Read More »

 

JIM HENRY

Calif. ballot proposal misses cut for November vote

12:01 am U.S. ET | July 30, 2014
A California consumer advocacy group’s ballot initiative that would have outlawed dealer reserve in the state won’t make it on the November ballot this year.... Read More »

 

F&I TIP

Looking for shortcuts? Draw a map

12:01 am U.S. ET | July 30, 2014
To streamline car buying and financing, dealerships should draw a step-by-step map of their sales process, from meet-and-greet when the customer walks in until the deal is complete, says Mike Stoll, director of the professional services group for ADP Dealer Services. "I'm in hundreds and hundreds of dealerships," he said in an Automotive News Webinar this month. "Most dealerships do not have that process mapped out to where it can be improved."... Read More »

 

First Shift: Toyota's slim lead over VW

12:01 am U.S. ET | July 30, 2014
U.S. SUV sales help Japanese automaker keep global crown, GM in 3rd place; Fiat net falls 55%; Volt beats Leaf in test.... Read More »

 

Hyundai recalls 883,000 Sonata sedans to repair transmission-shift cable

8:06 am U.S. ET | July 30, 2014
Hyundai is recalling about 883,000 Sonata mid-sized sedans in the United States and Puerto Rico because a potentially defective transmission-shift cable could increase the risk of a crash.... Read More »

 

Penske Q2 net income rises 18% on strong gains in all segments

7:30 am U.S. ET | July 30, 2014
Penske Automotive Group today said second-quarter net income rose 18 percent from the year-earlier period, on higher new- and used-vehicle unit sales. Penske posted net income of $74 million, as revenues increased 21 percent to $4.41 billion.... Read More »

 

VW closes gap on Toyota's global lead

July 30, 2014 08:02 CET
Volkswagen is closing in on Toyota as the global leader in vehicle sales, with a rapid expansion drive in China while Toyota curbs growth to focus on shoring up quality.... Read More »

 

PSA's car division back in profit as new CEO makes mark

July 30, 2014 08:27 CET
PSA/Peugeot-Citroen narrowed its first-half net loss and posted the first positive contribution from its core auto division in three years, as the carmaker's recovery plan began to show early results.... Read More »

 

Tesla's Musk to portray himself on 'The Simpsons'

10:26 am U.S. ET | July 29, 2014
Tesla Motors CEO Elon Musk will be providing the voice for himself in an episode in the 26th season of “The Simpsons,” the show's executive producer, Al Jean, said at a recent Comic-Con panel.... Read More »

 

Ford's new F-150 takes aim at Ram's highway mpg crown

3:51 pm U.S. ET | July 29, 2014
Ford hopes to regain fuel economy bragging rights in big pickups by offering a special “SFE” package on the aluminum-bodied 2015 F-150. The Super Fuel Economy package -- or SFE -- will be available on XL and XLT models. It will be powered by the company's newest engine: a lightweight and compact 2.7-liter twin turbo V-6 equipped with stop-start.... Read More »

 

Near-record auto lending drives Ally Q2 profit higher

10:53 am U.S. ET | July 29, 2014
Ally Financial originated near-record auto lending volume and added more than 900 dealerships in the United States since a year ago to produce a comeback in net income in the second quarter. Ally today said it posted net income of $323 million for the second quarter compared with a net loss of $927 million during the same quarter last year.... Read More »

 

First Shift: Honda net rises 20%

12:01 am U.S. ET | July 29, 2014
Cuts counteract U.S. sales drop; a spark for BMW EV sales; Camry Hybrid recall sought; Snyder: Cars and techno-skeptics.... Read More »

 

Kia hints at next Sorento with design sketches

9:58 pm U.S. ET | July 29, 2014
Kia Motors plans to unveil the redesigned, third-generation Sorento next month in Korea.... Read More »

 

VW suffers production woes adjusting to MQB platform, report says

July 29, 2014 16:38 CET
Volkswagen's move to add extra German production shifts for the Golf, which the company has attributed to strong demand, is also due to problems adjusting to its new MQB platform, company sources said.... Read More »

 

Daimler reaches labor deal on overhauling Mercedes' German sales network

July 29, 2014 06:01 CET
Daimler has reached a labor agreement that will allow it to sell some Mercedes dealerships in Germany as part of a wider plan to overhaul its sales network in the market.... Read More »

 

Mercedes-Benz violated Alabama workers' organizing rights, judge rules

4:52 pm U.S. ET | July 29, 2014
An administrative judge for the National Labor Relations Board ruled that Mercedes-Benz violated the organizing rights of workers at its Alabama plant by not allowing the distribution of union literature in common areas during off-work hours.... Read More »

 

Latest digital edition
Digital Edition Archive
Table of Contents
 Automotive News
News by Brand


Rocket Fuel