GM board should not have activist investor Wilson, Buffett says

1:41 pm U.S. ET | March 2, 2015
Warren Buffett, Berkshire Hathaway's CEO and one of the largest shareholders in General Motors, told CNBC today he disagrees with putting former U.S. auto task force member Harry Wilson on the automaker's board.... Read More »

 

German car sales rise 7% in February

March 2, 2015 19:15 CET
New-car sales in Germany rose 7 percent in February and are heading for a modest gain this year compared with 2014 levels, an industry association said. Germany joined the other major European markets of France, Italy and Spain in posting gains last month.... Read More »

 

VW Passat named European Car of the Year

March 2, 2015 17:28 CET
The Volkswagen Passat is Europe's 2015 Car of the Year, marking the third time in six years that VW has won the title. The Passat beat its nearest competitor, the Citroen C4 Cactus, by nearly 100 points. The Mercedes C class finished third in the voting.... Read More »

 

DAVE GUILFORD

Russia, weak euro form backdrop for Geneva show

12:28 pm U.S. ET | March 2, 2015
Automakers usually don’t overreact to international tensions and currency fluctuations. That’s why the comments coming from auto execs on the verge of the Geneva auto show are so striking.... Read More »

 

CLA’s minor dings put a big dent in Mercedes’ rating

12:01 am U.S. ET | March 2, 2015
It wasn't cranky engines, shiftless transmissions or funky infotainment systems that sunk Mercedes-Benz last week in the Consumer Reports Car Brand Report Cards. Several of Mercedes' newer vehicles, including the front-wheel-drive CLA sedan, suffered a variety of problems with loose-fitting trim, rattles and other minor maladies. That knocked the German automaker from ninth place on last year's report to 21st this year out of 28 brands.... Read More »

 

A shakeup in Germany’s top auto ranks

12:01 am U.S. ET | March 2, 2015
Germany's automotive ranks are undergoing a generational shift. When Harald Krueger rises to CEO at BMW Group and Herbert Diess takes over as chairman of the Volkswagen brand this year, four of the six heads of Germany's biggest automotive brands will be in their late 40s to mid-50s.... Read More »

 

Tata’s retired patriarch still stirring things up

12:01 am U.S. ET | March 2, 2015
Two years into his official retirement from the auto business, Ratan Tata continues to steal the show. In a rare interview last week, the billionaire said Jaguar Land Rover is considering a North American assembly plant, and that his most famous and controversial creation -- the ultracheap Tata Nano -- would be repositioned.... Read More »

 

Ghosn guns for global top 3

12:01 am U.S. ET | March 2, 2015
Renault-Nissan CEO Carlos Ghosn remains confident that by 2018 his alliance will rank as one of the world's three largest automakers. He sees the alliance rising from its current No. 4 ranking, even though last year it encountered big troubles in Russia and finished about 1.4 million vehicle sales behind No. 3 General Motors.... Read More »

 

Nissan’s bullish U.S. forecast calls for overtaking Honda

12:01 am U.S. ET | March 2, 2015
Nearly two years ago, Carlos Ghosn bemoaned Nissan Motor Corp.'s lackluster performance in North America as his biggest "disappointment." Now, the CEO's fix-it man, Jose Munoz says the U.S. is a "powerhouse" again and the comeback is gaining speed.... Read More »

 

Buffett says Berkshire's job is to perform, grow in auto retail

11:16 am U.S. ET | March 2, 2015
With Berkshire Hathaway's purchase of the Van Tuyl Automotive dealership group materially complete, Warren Buffett already is looking toward how to expand his company’s dealership holdings.... Read More »

 

FCA recalls 2,211 Hellcats after fuel leak discovered

10:29 am U.S. ET | March 2, 2015
Fiat Chrysler is recalling its brand-new, top-end 2015 Dodge Charger and Challenger SRT Hellcats after a dealer discovered a fuel leak on a car being delivered from the factory. The recall affects 2,211 vehicles.... Read More »

 

ElringKlinger may cancel EV contract

March 2, 2015 15:14 CET
German supplier ElringKlinger says it may terminate a contract to supply a major customer with components for electric cars to halt continued losses at its E-Mobility business.... Read More »

 

Foreign carmakers lead February sales growth in France

March 2, 2015 13:36 CET
French car registrations grew 4.1 percent in February compared with a year earlier, led by growth in sales of cars made by foreign-owned manufacturers.... Read More »

 

Apple car rumors fuel debate on future vehicles

March 2, 2015 10:53 CET
Reports that Apple may be building a car have got established automakers wondering whether they are still in pole position to build the car of the future and will likely fuel debate at this week's Geneva auto show on the role of tech companies in the future of carmaking.... Read More »

 

First Shift: FCA warns Hellcat shoppers

12:01 am U.S. ET | March 2, 2015
'Unscrupulous' order-taking; standard Civic turbo; Ally losing Chevy lease subsidies; Snyder: Rougher sales trek.... Read More »

 

Spain new-car sales rise 26% in February

March 2, 2015 14:00 CET
New-car sales rose 26 percent in Spain last month, the 18th consecutive month of growth, a car manufacturers' group said. Registrations have been boosted by a government subsidy program.... Read More »

 

BEST PRACTICES

Eat at the food court, buy a car

12:01 am U.S. ET | March 2, 2015
Aloha Auto Group sells about 3,500 new and used vehicles a year from its seven Kia dealerships, across the islands of Oahu, Maui, the Big Island and Kauai. His mall location sells about 200, mostly new, vehicles a year. It is profitable despite having no service department.... Read More »

 

HANS GREIMEL

Could Toyota Mirai's hot demand and 2-year backlog undermine its success?

6:57 am U.S. ET | March 2, 2015
Would you buy a car if you had to wait two years for delivery? That's what Toyota is asking its customers to do with its Mirai hydrogen fuel cell vehicle.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Bentley, Maserati among biggest winners in fast-growing niche

March 2, 2015 06:01 CET
Ultraluxury carmakers Bentley, Lamborghini, Rolls-Royce and Maserati are experiencing unprecedented success. Strong demand for those brands -- as well as Ferrari and Aston Martin -- has forecasters predicting the niche will grow by nearly 40 percent between now and 2020.... Read More »

 

2015 GENEVA AUTO SHOW

Magna Steyr to debut hybrid sports car concept

March 2, 2015 11:30 CET
Magna Steyr will debut a concept sports car at the Geneva auto show this week. The Mila Plus hybrid is powered by a three-cylinder gasoline engine paired with two electric motors that produce a combined 270 hp.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for March

March 2, 2015 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, March 2. This month's edition looks why ultraluxury brands such as Bentley, Lamborghini, Rolls-Royce and Maserati are poised to keep experiencing unprecedented success.... Read More »

 

FCA to fix coupling on Ram diesels

12:01 am U.S. ET | March 2, 2015
Fiat Chrysler is replacing a potentially faulty exhaust coupling in the hot-selling Ram 1500 EcoDiesel pickup that can send diesel fumes into the cabin through the air conditioner. The coupling is between the engine's exhaust manifolds and the catalytic converter.... Read More »

 

Airbag-safety vet leads hunt for Takata clues

12:01 am U.S. ET | March 2, 2015
David Kelly, the former federal auto safety regulator chosen to coordinate automakers' investigation into Takata airbag explosions, is no stranger to the issue of airbags endangering lives they're designed to save.... Read More »

 

STEPHANIE ERDMAN AND RICK SCHOSTEK

Raise recall repair rates to prevent deaths, injuries

12:01 am U.S. ET | March 2, 2015
In 2013, Stephanie Erdman, a resident of Florida, was seriously injured by a Takata airbag inflator in a 2002 Honda Civic. Rick Schostek is executive vice president of Honda North America. They have a shared mission.... Read More »

 

Year to year, IIHS moves the goal posts

12:01 am U.S. ET | March 2, 2015
The Insurance Institute for Highway Safety added its more demanding Top Safety Pick+ rating in 2012.... Read More »

 

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