AutoNews Now: Camry's mid-cycle overhaul

12:01 am U.S. ET | April 16, 2014
Amid tough competition, Toyota tries a makeover; Sonata trims its curves for '15; VW exec on sales drop; Mustang's lofty feat.... Read More »

 

2014 NEW YORK AUTO SHOW

Hopes dim for VW’s diesel hot hatch in U.S.

3:56 pm U.S. ET | April 16, 2014
VW has pulled back on plans to sell a souped-up diesel Golf called the GTD in the United States because importing the GTI sibling’s engine would add too much cost. The high-powered 2-liter TDI engine used in the GTD cannot be produced at VW’s engine plant in Silao, Mexico, so it would be imported from Germany, Volkswagen Group of America CEO Michael Horn told reporters today.... Read More »

 

2014 NEW YORK AUTO SHOW

Acura TLX much more than rebadged Accord

3:08 pm U.S. ET | April 16, 2014
Acura unveiled today the production version of its redesigned 2015 TLX mid-sized sedan, a car that will replace the TL and TSX sedans in its lineup for the United States.... Read More »

 

2014 NEW YORK AUTO SHOW

Scion charts new lineup for U.S.

12:37 pm U.S. ET | April 16, 2014
Toyota's Scion brand, struggling to boost sales with aged products, plans to replace three of its five nameplates in the United States over a two-year period starting in 2015. The first of the three will be unveiled at the Los Angeles Auto Show in November, Scion Vice President Doug Murtha said in an interview today.... Read More »

 

GM ordered redesigned ignition switch from Delphi for Cadillac SRX

3:19 pm U.S. ET | April 16, 2014
Delphi redesigned the ignition switch for the Cadillac SRX crossover to increase its torque about two months before making similar changes to the Chevrolet Cobalt ignition switch at the center of General Motors' recall crisis.... Read More »

 

2014 NEW YORK SHOW

Nissan Maxima to follow Murano with show-car flair

3:33 pm U.S. ET | April 16, 2014
Nissan said the next redesigned Maxima sedan will reach showrooms looking almost identical to the flashy Sport Sedan Concept it unveiled in January in Detroit.... Read More »

 

U.S. senators press Delphi for answers on recalled GM cars

1:46 pm U.S. ET | April 16, 2014
Lawmakers probing how GM used faulty ignition switches in many vehicles are turning their scrutiny to the supplier of the part, Delphi Automotive. A group of senators on Tuesday wrote to Delphi CEO Rodney O'Neal, asking for information about whether the parts supplier pushed back against GM after the automaker apparently did not accept a proposed fix to the switches.... Read More »

 

Johnson Controls diversifies away from autos with $1.6 billion deal

2:54 pm U.S. ET | April 16, 2014
Johnson Controls, seeking to lessen its reliance on the cyclical auto industry, agreed to acquire Texas-based ventilation products company, Air Distribution Technologies, for $1.6 billion.... Read More »

 

JIM HENRY

Inquiry into alleged CFPB bias picks up steam

12:01 am U.S. ET | April 16, 2014
The issue of whether, ironically, the Consumer Financial Protection Bureau allegedly discriminates against its own employees has got legs.... Read More »

 

2014 NEW YORK AUTO SHOW

Toyota overhauls Camry in bid to make it 'best we've ever built'

9:30 am U.S. ET | April 16, 2014
Toyota, fighting to extend the Camry's 12-year reign as the best-selling car in the United States, showered its flagship sedan with superlatives as it unveiled a new edition today. The model shown at the New York auto show reflects significantly more change than is typical for a car that's been spruced up halfway through its life-cycle.... Read More »

 

LINDSAY CHAPPELL

Brace yourself for 'velocity'

1:06 pm U.S. ET | April 16, 2014
There’s a new buzzword trending through the car business right now: velocity. It has been popping up in conversations and presentations for a while, and is on the lips of visitors here at the New York auto show. And it might be a good thing.... Read More »

 

Fields sees Ford Europe growth, eyes break-even by mid-decade

11:19 am U.S. ET | April 16, 2014
Ford is sticking with its forecast for a smaller loss in Europe this year and break-even by 2015 even as the company sees signs of growth, COO Mark Fields said today.... Read More »

 

Fields sees Ford Europe growth, eyes break-even by mid-decade

April 16, 2014 17:19 CET
Ford is sticking with its forecast for a smaller loss in Europe this year and break-even by 2015 even as the company sees signs of growth, COO Mark Fields said.... Read More »

 

NADA's fixed-rate plan gets lawyers' backing

12:01 am U.S. ET | April 16, 2014
The National Automobile Dealers Association's program for dealerships to establish a fixed rate for dealer reserve was strongly endorsed by legal experts at the Automotive Resource Network conference in New York this week.... Read More »

 

Ally IPO opens new options for subprime car loans

12:01 am U.S. ET | April 16, 2014
Ally Financial's initial public offering last week benefits dealers because Ally expects to be able to compete more aggressively for subprime business after it sheds government ownership.... Read More »

 

GM rejected better ignition part in 2001 to save money, safety advocates say

10:36 am U.S. ET | April 16, 2014
General Motors chose not to use a more robust ignition-switch part in Chevrolet Cobalts and other small cars while they were being designed, a decision that may have led to deaths, safety advocates said.... Read More »

 

F&I TIPS

To sell more F&I, build trust, add photos

10:03 am U.S. ET | April 16, 2014
Building trust is more effective than “trying to pull too many rabbits out of a hat in terms of salesmanship."... Read More »

 

Subprime lender adds markets, resists looser standards

12:01 am U.S. ET | April 16, 2014
Subprime auto lender Consumer Portfolio Services is resisting a trend among some of its rivals to push “too aggressively” to loosen credit standards, CEO Charles Bradley says.... Read More »

 

RYAN BEENE

Mazda throws a big birthday party for Miata

12:01 am U.S. ET | April 16, 2014
Mazda is celebrating the 25th anniversary of the MX-5 Miata -- the roadster that has come to define the automaker's engineering DNA -- with an historic display at the New York auto show this week.... Read More »

 

2014 NEW YORK AUTO SHOW

Hyundai goes mild with 2015 Sonata makeover

10:15 am U.S. ET | April 16, 2014
Hyundai is tweaking the recipe that made the Sonata one of the industry's hottest mid-sized sedans in recent years with a makeover for 2015 that is more mild than spicy. The redesigned 2015 Sonata, introduced at the New York auto show today, will offer more technology and safety equipment than the outgoing model.... Read More »

 

First Shift: 'We know the world is watching'

12:01 am U.S. ET | April 16, 2014
Barra faces barrage in NY; GM creates safety team; scrutiny turns to Delphi; MyFord Touch upgrade; Camry tweak peek.... Read More »

 

RICHARD TRUETT

Why the Mustang II should get its due

12:01 am U.S. ET | April 16, 2014
One member of the Mustang family won't have a very high-profile role at this week's 50th anniversary celebrations: the 1974-78 Mustang II. But if you reconsider the case of the Mustang II, you may find it is time to give the car the respect it is due.... Read More »

 

Maserati said to weigh new sports car after orders triple

April 16, 2014 10:28 CET
Maserati will probably increase production and add the Alfieri sports car to its lineup after orders at the upscale Italian brand have almost tripled compared with 2013, sources said.... Read More »

 

Maserati said to weigh new sports car after orders triple

4:28 am U.S. ET | April 16, 2014
Maserati will probably increase production and add the Alfieri sports car to its lineup after advance sales at the upscale Italian brand have almost tripled over 2013's deliveries, sources said.... Read More »

 

AT&T says it has made connected-car deal with undisclosed global automaker

8:13 am U.S. ET | April 16, 2014
AT&T, the largest U.S. phone company, said it reached a deal with a global automaker to add to its ranks of customers looking to bring connectivity to cars.... Read More »

 

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How a Texas Toyota store solved used-car-supply challenge

Mike Shaw Toyota in Corpus Christi, Texas, needed more used cars. But driving 150 miles to the nearest auction was time-consuming and costly. Mon., April 14
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