Americas

Manheim enters Brazil with acquisition of auction company CarBizz

2:51 pm U.S. ET | Aug. 13, 2014
Manheim, the largest auto auction company in the United States, has expanded its global operations into South America with the acquisition of Brazilian auction company CarBizz.... Read More »

 

GM will invest $174 million in Lansing stamping operation

1:23 pm U.S. ET | Aug. 13, 2014
General Motors is investing $174 million in a new stamping line at its Grand River assembly plant in Lansing, Mich.... Read More »

 

Ferrari coupe may race to record $75 million at auction

8:49 am U.S. ET | Aug. 13, 2014
A Ferrari 250 GTO Berlinetta owned by the scion of a wealthy Italian family for 49 years may race off as the world's most expensive car when it's auctioned for as much as $75 million.... Read More »

 

VW brand sales rise on Europe, China gains

Aug. 12, 2014 11:48 CET
VW increased sales at its core passenger-car brand by 4 percent in July as higher deliveries in western Europe and China offset declines in the United States and Brazil. Global sales of VW brand cars and SUVs rose to 491,600 last month.... Read More »

 

BMW North America names new CFO

3:40 pm U.S. ET | Aug. 11, 2014
BMW of North America appointed Stefan Walmrath CFO, effective Sept. 1, succeeding Stefan Sengewald, who will return to Germany to serve as a senior vice president for BMW Group.... Read More »

 

BREAK-IN POINT

In era of giant suppliers, startups are winning auto business

12:01 am U.S. ET | Aug. 11, 2014
It can be a struggle for newcomers and unknowns to win business in an industry where suppliers are consolidating into a few, ever-larger corporations with global factory footprints. But one expert says the window of opportunity is now open a bit wider than before.... Read More »

 

Trouble looms as industry zooms

12:01 am U.S. ET | Aug. 11, 2014
As U.S. auto sales and output roar back to levels many in the industry feared they would never see again, leading industry economists and forecasters have a warning: Dark clouds are on the horizon.... Read More »

 

GM loses bid to dismiss revived ignition-switch lawsuit

12:52 pm U.S. ET | Aug. 9, 2014
General Motors failed to convince a Georgia judge to dismiss a revived lawsuit over the death of a 29-year-old woman that helped trigger the automaker's ignition-switch recall crisis. Cobb County State Court Judge Kathryn Tanksley today set a trial date for April 2016.... Read More »

 

GM idling Michigan plant 3 weeks to trim Cadillac ATS, CTS supplies

5:30 pm U.S. ET | Aug. 8, 2014
General Motors plans to idle the Michigan plant that produces the Cadillac ATS and CTS for three weeks amid a glut of inventory. The move comes as U.S. sales of the ATS and CTS sag, pushing inventories to unusually high levels.... Read More »

 

Delphi, now based in Britain, to contest IRS push for U.S. tax filings

11:03 am U.S. ET | Aug. 8, 2014
Delphi Automotive said it would "vigorously contest" pressure by U.S. tax authorities to file taxes in the United States as a domestic company, when its tax base is in the United Kingdom.... Read More »

 

JAMES B. TREECE

Toyota, supporter of Korean culture

12:28 pm U.S. ET | Aug. 8, 2014
Would you do a double-take if Volvo were the sponsor of the Country Music Awards? How about if BMW were the primary sponsor, and the only automotive sponsor, of a museum exhibit of Japanese samurai swords?... Read More »

 

Mazda, Hyundai dealer in N.J. faces complaints over deceptive ads, sales

1:19 pm U.S. ET | Aug. 7, 2014
Bergen Auto Enterprises, which operates Wayne Mazda and Wayne Auto Mall Hyundai in New Jersey, is accused of marketing previously rented or damaged cars as new, and advertised already-sold or leased vehicles that were no longer available, according to a five-count complaint with the state's Division of Consumer Affairs.... Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

Nissan brings suppliers closer to the line

10:10 am U.S. ET | Aug. 6, 2014
Nissan North America is pulling back from a strategy of buying parts from low-cost countries and is now encouraging suppliers to locate near its assembly plants in the United States instead.... Read More »

 

Mexico wants more Tier 2 suppliers

11:00 am U.S. ET | Aug. 6, 2014
Mexico's auto industry has launched a long-term effort to develop a national network of Tier 2 suppliers. Tier 1 suppliers, the global giants that ship parts directly to automakers, are well represented in Mexico. But they import a lot of parts and raw materials that they need.... Read More »

 

2 Southern dealers team up under new group name

1:47 pm U.S. ET | Aug. 5, 2014
Warner Peacock, CEO of New River Auto Mall in South Carolina, is teaming up with Florida mega dealer David Maus to form a new company called First Team Automotive Group LLC.... Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

N.A. auto market seen outshining other regions, despite threats

1:09 pm U.S. ET | Aug. 5, 2014
Auto sales will continue to rise in North America through 2020 despite lingering effects of the 2009 recession, economist Jeff Schuster predicted today.... Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

California prepares for hydrogen fuel stations

3:44 pm U.S. ET | Aug. 5, 2014
Now that Toyota and other automakers are preparing to introduce fuel-cell vehicles in California, entrepreneurs are starting to build a network of hydrogen fuel stations.... Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

North American tooling demands growing from foreign automakers

12:46 pm U.S. ET | Aug. 5, 2014
As North American production rises, Asian and European automakers are asking their tool-and-die suppliers to set up shop in North America, a consultant says.... Read More »

 

Suppliers see promise in China's aftermarket

12:01 am U.S. ET | Aug. 5, 2014
The global replacement parts business likely will become even more appealing to automotive suppliers. In emerging markets, and especially in China, many new vehicles sold in recent years now need replacement parts.... Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

Imagining the impossible -- a Bimmer pickup?

8:19 am U.S. ET | Aug. 4, 2014
Would any self-respecting BMW enthusiast be caught dead hauling cargo around town in an open-bed 3-Series?... Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

U.S. launches safety inspections of Southern auto suppliers

8:44 am U.S. ET | Aug. 4, 2014
Alarmed by what it calls higher than normal incidents of injuries and safety lapses, the Occupational Safety and Health Administration has launched an inspection of auto parts plants across Alabama, Georgia and Mississippi. The federal safety agency plans to send field agents to inspect some 2,900 factories -- literally every auto parts plant in those three states.... Read More »

 

PLUGGING IN

Chinese supplier lays plans to revive Fisker and give itself a jolt

12:01 am U.S. ET | Aug. 4, 2014
If Lu Guanqiu has his way, his Wanxiang Group will bring the Fisker Karma back to life and establish the Chinese supplier as a high-profile coach-builder in the United States. There are big ifs. But Lu is not accustomed to failure.... Read More »

 

U.S. sales of luxury brands through July outpace overall market

12:01 am U.S. ET | Aug. 4, 2014
Memories of the recession have all but disappeared in the rearview mirror for Mercedes-Benz, Lexus, BMW and most other luxury brands, with their sales rising considerably faster than the rest of the industry this year.... Read More »

 

Output table goes monthly

12:01 am U.S. ET | Aug. 4, 2014
Beginning with the Monday, Aug. 11, issue, Automotive News will no longer publish a weekly estimated production table.... Read More »

 

Sales streaks in a sizzling market

12:01 am U.S. ET | Aug. 4, 2014
Chrysler Group led major automakers with a 20 percent gain in U.S. sales for July. It was the 52nd consecutive month of year-over-year increases for the once-bankrupt company.... Read More »

 

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