PSA's third-quarter auto revenue drops despite pricing push

Oct. 22, 2014 08:43 CET
PSA/Peugeot-Citroen's group revenue rose 1.6 percent in the third quarter, but a push to raise pricing failed to deliver higher revenue at its manufacturing arm. The company raised its full-year car-market forecast for Europe.... Read More »

 

Fiat's Wall Street trading is flat as Milan dominates

Oct. 22, 2014 11:58 CET
Fiat Chrysler Automobiles has had a flat reception on the New York Stock Exchange after its debut there last week. European trading in Milan is currently about 7 times that of Wall Street, despite FCA shifting its primary listing to the U.S.... Read More »

 

Daimler's surprise sale of Tesla stake fuels rivalry speculation

Oct. 22, 2014 12:28 CET
Daimler's decision to sell its 4 percent stake in Tesla Motors surprised investors and fueled speculation of a growing rivalry in the increasingly competitive electric car market.... Read More »

 

GM will warn some Saab, Pontiac owners not to allow front passengers

Oct. 22, 2014 12:47 CET
General Motors will warn some owners of Saab 9-2X and Pontiac Vibe hatchbacks in the U.S. not to allow front-seat passengers until defective air bags are replaced as part of a wider recall that involves 6.1 million cars.... Read More »

 

EU says Honeywell, DuPont car refrigerant deal may be illegal

Oct. 22, 2014 10:51 CET
The EU says auto supplier Honeywell's joint venture with chemicals company DuPont to produce an air conditioning refrigerant for cars may be anti-competitive as the deal may have blocked rivals keen to participate in the chemical's development.... Read More »

 

Toyota executive backs Takata’s handling of airbag crisis

6:39 am U.S. ET | Oct. 22, 2014
A top Toyota executive offered support for how airbag maker Takata is handling a safety crisis affecting millions of vehicles, days after expanding its own recalls for the second time in four months.... Read More »

 

NHTSA expands faulty airbag warning to 7.8 million vehicles

9:31 am U.S. ET | Oct. 21, 2014
Auto safety regulators, for the second time late Tuesday, expanded their warning to owners of vehicles recalled for defective Takata airbags, urging them to get the airbags replaced. But the federal website created to help consumers to verify whether their vehicle has been recalled was unavailable for most of the day, and was still down as of mid-morning Wednesday.... Read More »

 

Mich. blocks Tesla's sales model by plugging loophole

2:19 pm U.S. ET | Oct. 21, 2014
Michigan Governor Rick Snyder signed a bill today that effectively bars Tesla Motors' direct-sales model in the state. While Tesla's model was already prohibited in Michigan, the wording of its franchise law left an opening that the automaker could potentially exploit as it has in Massachusetts, where dealers unsuccessfully tried to stop it from operating a store there. That potential loophole is now closed.... Read More »

 

Auto industry forming consortium to fight hackers

10:01 pm U.S. ET | Oct. 21, 2014
Automakers are forming a consortium to deter hackers who might try to breach a vehicle's security system -- an effort that has gotten the blessing of federal regulators.... Read More »

 

AutoNews Now: Tesla loses in Michigan

12:01 am U.S. ET | Oct. 21, 2014
Gov. signs bill that effectively bars direct car sales; Daimler to make Sprinters in N.A.; Ford slashes price of Focus EV.... Read More »

 

First Shift: Toyota issues airbag alert

12:01 am U.S. ET | Oct. 21, 2014
Warning: Keep front passengers out of unrepaired cars; Tesla seeks backup in Mich.; Honda, Acura previews; waiting-room boom.... Read More »

 

GKN sees growth in 2014 helped by auto-unit performance

Oct. 21, 2014 15:07 CET
UK supplier GKN said it was on track for growth in 2014 after posting third-quarter profit of 160 million pounds ($258.62 million), boosted by a strong performance at its automotive unit.... Read More »

 

Daimler earns $780 million windfall from sale of Tesla stake

Oct. 21, 2014 23:42 CET
Daimler said it would book a $780 million windfall from selling its 4 percent stake in electric car maker Tesla. The company said it will continue sourcing powertrain for the Mercedes B-Class Electric Drive from Tesla... Read More »

 

NHTSA website search function crashes as drivers look for airbag recalls

4:10 pm U.S. ET | Oct. 21, 2014
The website federal safety regulators are urging 4.7 million people to check to see if their cars have defective airbags couldn't be fully accessed today.... Read More »

 

Daimler sees $780 million windfall from sale of Tesla stake

5:18 pm U.S. ET | Oct. 21, 2014
Daimler AG said it will book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors.... Read More »

 

Asbury raises its acquisition target

7:27 am U.S. ET | Oct. 21, 2014
Asbury Automotive Group Inc.'s acquisition ambitions keep getting bigger. Asbury, the nation's seventh-largest dealership group, said today that it now aims to buy stores that will add $500 million in annual revenue during the next 18 months.... Read More »

 

JAMIE LaREAU

Gen Y guru entertains, informs

4:23 pm U.S. ET | Oct. 21, 2014
Who knew that demographics could be so funny?... Read More »

 

Toyota ordered to pay $12.5 million to woman 'virtually decapitated' by seat belt

2:22 pm U.S. ET | Oct. 21, 2014
A California jury ordered Toyota to pay $12.5 million for being responsible for debilitating lap-only seat belt injuries in a 2010 crash.... Read More »

 

Nissan's 2016 Maxima drives back to roots

12:01 am U.S. ET | Oct. 21, 2014
Nissan's redesigned Maxima sedan may be getting back to its “4DSC” roots. Recent spy photos show an early prototype of the 2016 Maxima. The 2016 Maxima's fastback styling mimics the four-door coupe body styles found on several German cars.... Read More »

 

Sonic pushes back rollout of customer-experience program

3:40 pm U.S. ET | Oct. 21, 2014
Sonic Automotive will take at least six months longer than originally planned to roll its new customer experience program out to all of its dealerships.... Read More »

 

Ford cuts Focus Electric price by $6,000

3:23 pm U.S. ET | Oct. 21, 2014
Ford slashed the price of the Focus Electric by $6,000 to $29,995, including shipping. The price reduction will remain in effect for all 2014 models and will continue when 2015 models are introduced.... Read More »

 

Ford to close climate control plant, lay off 257 workers

3:11 pm U.S. ET | Oct. 21, 2014
Ford plans to shed the last line of business in nine-year-old Automotive Component Holdings LLC by December when ACH closes its Sheldon Road climate control plant in suburban Detroit and lays off its last 257 employees.... Read More »

 

Viper plant to reopen in mid-November

3:05 pm U.S. ET | Oct. 21, 2014
Chrysler Group will restart the idled Conner Avenue plant in Detroit in mid-November to build the Dodge Viper.... Read More »

 

Q&A

Wagener: Mercedes-Benz S-class coupe a design 'revolution'

12:01 am U.S. ET | Oct. 21, 2014
Gorden Wagener has been transforming Mercedes-Benz design since he took the helm as chief designer in mid-2008. His latest creation is the S-class coupe, which embodies what Wagener calls “sensual purity” and “modern luxury.”... Read More »

 

RICHARD TRUETT

Sizing up the field for 2015 Car, Truck of Year honors

12:01 am U.S. ET | Oct. 21, 2014
A look at select and notable candidates for 2015 Car and Truck of the Year honors from the twisting roads of western Michigan.... Read More »

 

Special Report
No. 1 store empowers, retains employees

No. 1 store empowers, retains employees

Texas dealer Greg May encourages his staffers to provide input and solve problems on their own. Mon., October 20
» Watch the Video
     
News by Brand


Rocket Fuel