FAMILY LITIGATION

DARCARS keeps focus amid lawsuit, CEO says

12:01 am U.S. ET | May 3, 2015

DARCARS Automotive Group faced a human- and public relations nightmare after the founder's daughter, Tamara, sued her father and the company while media coverage of the rift prompted calls for a boycott. As the dispute heads to court, DARCARS CEO John Darvish says he's keeping employees focused on their jobs and profits on track.... Read More »

'NEVER ON SUNDAY'

The battle over Sunday sales

12:01 am U.S. ET | May 3, 2015

In Illinois, Texas and New Jersey, lawmakers who want to allow Sunday sales face vehement opposition from dealers. Sunday sales, dealers argue, are too hard to conduct with banks closed, and make hiring and keeping quality workers difficult.... Read More »

2016 Chevy Volt gets a $1,115 price cut

12:00 pm U.S. ET | May 3, 2015

Chevrolet is dropping the price of the redesigned Chevrolet Volt by $1,115. When it arrives this fall, the 2016 Volt will carry a sticker price of $33,995. Some buyers will be able to get it for as little as $26,495, after federal tax credits.... Read More »

Detroit 3 face speed bumps as sales growth slows

12:15 pm U.S. ET | May 3, 2015

Detroit's automakers, on track for their best sales year since 2006, may want to brace themselves for rockier times ahead. Auto executives say the industry is as healthy as it's been since being restructured in 2009. But judging by the recent stock performance of GM, Ford and Fiat Chrysler, investors have a less robust view.... Read More »

VW power struggle is over, Lower Saxony premier tells paper

May 3, 2015 11:41 CET

The premier of the German state of Lower Saxony, which owns 20 percent of Volkswagen, said a power struggle at the automaker that led to the resignation of VW patriarch Ferdinand Piech was over. Decisions regarding the replacement of Piech and his wife Ursula on VW's supervisory board had been taken, the premier told Bild newspaper.... Read More »

VW's Seat brand bets on SUVs for profitability

May 3, 2015 06:01 CET

Seat is mulling a family of SUVs as it seeks to boost volume and become sustainably profitable.The brand's first SUV, a compact, will go on sale next year. At the Geneva auto show last month Seat previewed the 20V20 concept, a midsize SUV that could go on sale by 2020.... Read More »

PSA's new EVs will be cheaper with longer range, Tavares says

May 3, 2015 06:01 CET

PSA/Peugeot-Citroen's new electric cars will be cheaper and have a longer range than the automaker's current EVs, CEO Carlos Tavares said. The company also is close to completing development of its first plug-in hybrid, he said.... Read More »

Cadillac engineer tells how ATS-V will compete

12:01 am U.S. ET | May 2, 2015

Cadillac officials are taking a conservative view of the sales potential of the brand's latest model, the ATS-V high-performance sport sedan. The ATS-V is engineered to take on BMW's M3/M4 and performance machines from Audi, Mercedes and Lexus. Dave Leone, 57, Cadillac's chief engineer, spoke with staff reporter Richard Truett in Austin, Texas, about the car.... Read More »

Recall bill cruises in Calif., but will it help?

12:01 am U.S. ET | May 2, 2015

California lawmakers are fast-tracking a bill to patch a loophole in federal auto safety law. Dealers see it as a compromise, but they are struggling to find allies.... Read More »

FCA transmission fix focuses on snap ring

12:01 am U.S. ET | May 2, 2015

The software in over half of the troubled 9-speed automatic transmissions has been reflashed in Jeep Cherokees and Chrysler 200s, though complaints continue to grow. Some Cherokees have already been bought back by the automaker.... Read More »

VOLKSWAGEN'S RETAIL CHALLENGE

VW refuses to cut brand's U.S. prices

12:01 am U.S. ET | May 2, 2015

Even while benefiting from a weak euro, Volkswagen Group won't try to boost the VW brand's market share in the United States by cutting prices. VW's brand sales in the US have fallen 7.5 percent so far this year.... Read More »

Ram debuts 2 new ads during Kentucky Derby

3:57 pm U.S. ET | May 1, 2015

Ram debuted two TV ads that highlight female leaders and breaking away from the pack during the Kentucky Derby Saturday.... Read More »

NEWS ANALYSIS

Why the wrong side lost in VW's battle

May 1, 2015 06:01 CET

All good dictatorships come to an end and so it is with that of Ferdinand Piech, the patriarch who has ruled the Volkswagen Group since 1993, taking it from near-bankruptcy to challenging Toyota as the world's biggest automaker. Regrettably, the wrong side has lost in the battle to succeed Piech.... Read More »

VW workers back new board members after Piech exit

May 1, 2015 20:10 CET

Volkswagen's works council has backed the automaker's choice of two new supervisory board members, appointments reportedly opposed by newly departed Chairman Ferdinand Piech.... Read More »

APRIL U.S. AUTO SALES

Light trucks drive U.S. industry to 4.6% April gain

8:30 am U.S. ET | May 1, 2015

U.S. light-vehicle sales, fueled by demand for light trucks, rose 4.6 percent in April as every automaker but Honda recorded an increase. The industry stretched its streak of advances from the year-earlier month to 14, yet the total was weaker than analysts' forecasts.... Read More »

Hyundai, Kia hold the line on volume

3:00 pm U.S. ET | May 1, 2015

Hyundai and Kia U.S. sales held flat in April as the Korean brands dipped into their pocketbooks to offer bigger incentives on cars.... Read More »

Benz overtakes BMW in U.S. luxury race

3:33 pm U.S. ET | May 1, 2015

Luxury auto sales are outpacing U.S. industry gains as BMW and Mercedes-Benz lure buyers from mainstream brands with lower-priced models. In April, Mercedes pulled ahead of BMW to take the luxury-brand lead.... Read More »

Honda slips 1.8% on weaker Accord sales

5:15 pm U.S. ET | May 1, 2015

For the second straight month, a big decline in Honda Accord deliveries dragged down the automaker's U.S. monthly sales results.... Read More »

Toyota posts gain, needs more trucks

5:30 pm U.S. ET | May 1, 2015

Toyota will adjust production in the coming months to boost tight light-truck supplies after strong demand for pickups, crossovers and SUVs offset slumping car sales last month. The automaker had an April sales gain of just 1.8 percent -- its smallest increase since September.... Read More »

Tesla unveils batteries for homes, businesses

6:26 am U.S. ET | May 1, 2015

Tesla Motors CEO Elon Musk unveiled a suite of batteries to store electricity for homes, businesses and utilities, saying a greener power grid furthers the company's mission to provide pollution-free energy.... Read More »

Crossovers push GM to 5.9% increase

2:30 pm U.S. ET | May 1, 2015

General Motors' April sales rose 5.9 percent, as booming crossover demand offset continued weakness in GM's car lines. GM's retail sales rose 5.3 percent while deliveries to fleet customers climbed 7.6 percent, for a total of 269,056 units. GM said its commercial sales, or deliveries to business customers, were the highest since March 2008.... Read More »

Ford snaps 2-month skid, gains share

1:45 pm U.S. ET | May 1, 2015

The Ford brand set an April record for U.S. sales of utility vehicles as Ford gained market share for only the third time in the past 16 months. It also was the automaker's first year-over-year increase since January.... Read More »

Lotus sees profit after cost cuts, U.S. relaunch

May 1, 2015 06:15 CET

UK sports car maker Lotus will be profitable again by 2017 after years of losing money, CEO Jean-Marc Gales said. The company has moved to cut costs and improve its lineup and plans a relaunch in the U.S. market.... Read More »

Ghosn defeat exposes rival visions for Renault-Nissan

May 1, 2015 09:30 CET

The French government's move to tighten its hold on Renault, crowned by a rare defeat for CEO Carlos Ghosn, has exposed competing visions for the carmaker and its alliance with Nissan. At Renault's annual shareholder meeting a proposal to allow Renault to sidestep a French law that provides double-voting rights for long-term shareholders such as the French government was defeated.... Read More »

Subaru streak hits 41 months

2:45 pm U.S. ET | May 1, 2015

Subaru of America said April was its 41st consecutive month of growth, with sales up 18 percent from the year-ago month.... Read More »

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