Average U.S. new-vehicle fuel economy slips in Oct., study finds

2:20 pm U.S. ET | Nov. 6, 2015

Thanks to lower gasoline prices and the continued strength of pickup and SUV sales, the average fuel economy of light vehicles purchased in the U.S. in October was down slightly from September, a University of Michigan Transportation Research Institute report said on Thursday.... Read More »

Magna says factory glitches to hurt profit; Q3 revenue, margins decline

7:29 am U.S. ET | Nov. 5, 2015

Magna International said operational glitches at three of its plants in North America would weigh on its earnings in the current quarter and spill over to the first half of next year.... Read More »

Chinese-backed startup targets Tesla with $1 billion U.S. plant

11:52 am U.S. ET | Nov. 5, 2015

Faraday Future, the startup backed by Chinese billionaire Jia Yueting, has big dreams of taking on Tesla Motors, starting with a $1 billion investment in a new U.S. factory that will build electric cars starting in 2017.... Read More »

Subaru maker boosts profit 41% on higher N.A. sales, weak yen

2:30 am U.S. ET | Nov. 5, 2015

Fuji Heavy, the maker of Subaru vehicles, reported a 41 percent surge in operating profit in the latest quarter, helped by higher sales in North America and advantageous exchange rates.... Read More »

Auto sales rise 5% in Canada

1:13 pm U.S. ET | Nov. 3, 2015

Auto sales in Canada rose 5 percent to 163,053 vehicles during October, according to a monthly industry report.... Read More »

Volkswagen says 800,000 cars may have false CO2 levels

1:34 pm U.S. ET | Nov. 3, 2015

Volkswagen said it had uncovered "inconsistencies" when determining carbon dioxide emission levels which could affect about 800,000 cars. VW said the financial risks stemming from the finding is about 2 billion euros ($2.2 billion).... Read More »

VW opposing UAW skilled trades worker vote at Tennessee plant

8:40 am U.S. ET | Nov. 3, 2015

Volkswagen AG opposes a union representation vote by a portion of workers at the automaker's sole U.S. vehicle assembly plant, according to a letter to Chattanooga, Tenn., employees issued Monday night.... Read More »

Mitsubishi plans to add small crossover in U.S.

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

Mitsubishi, aiming to continue its double-digit sales growth in the U.S., plans to add a five-seat small crossover to its lineup, slotted between the midsize Outlander and compact Outlander Sport, the automaker's CEO said.... Read More »

Dealers group helps clear the air, train techs

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

A foundation funded by the Colorado Auto Dealers Association accepts donated polluting vehicles, sells them to scrappers and uses the revenues to help fund scholarships to train service technicians.... Read More »


How will VW use energy unleashed by diesel crisis?

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

Once a crisis has passed for a car company -- that is, once public condemnation and humiliation are endured, penalties are assessed, root causes identified, new policies put in place and a new executive team is installed (maybe) -- the automaker has an opportunity.... Read More »

Honda delays opening of Brazil factory

3:20 pm U.S. ET | Oct. 30, 2015

Honda postponed the start of production at a new Brazilian factory in the city of Itirapina due to a sharp downturn in the local auto market.... Read More »


BLOG: Mexico in Tokyo

6:45 am U.S. ET | Oct. 30, 2015

If there's hardly anybody around the Mexico booth at the Tokyo Motor Show, it's only because the exhibitor already has accomplished its mission.... Read More »

GM's Janesville, Wis., plant slated to close for good, UAW memo shows

3:00 pm U.S. ET | Oct. 29, 2015

GM's mothballed assembly plant in Janesville, Wis., is slated to be closed permanently, the UAW disclosed in documents related to its tentative labor deal with the automaker. Output at the 96-year-old plant was shuttered in December 2008, six months ahead of GM's bankruptcy.... Read More »

AutoNation buys 12 Texas stores in biggest purchase since 1999

8:15 am U.S. ET | Oct. 28, 2015

AutoNation is acquiring 12 stores in Texas from Allen Samuels Auto Group. The stores generate approximately $800 million in revenues and sell about 19,500 new and used retail units a year. Terms of the deal were not disclosed.... Read More »

JCI to repay Michigan $3.75 million after failing to meet job targets

1:57 pm U.S. ET | Oct. 28, 2015

Johnson Controls agreed to repay the State of Michigan $3.75 million as a result of failing to create at least 400 jobs at its lithium ion battery plant in Holland, Mich., according to the Michigan Economic Development Corp. It also had its tax-exempt status revoked.... Read More »

Ford posts highest-ever N.A. profit as global earnings double

7:15 am U.S. ET | Oct. 27, 2015

Ford had its best-ever quarter in North America and more than doubled its global earnings from a year earlier as redesigns of the F-150 and other high-profit nameplates began to pay off. Ford posted third-quarter net income of $1.9 billion, up from $833 million in the same period of 2014. It earned a pretax profit of $2.7 billion in North America.... Read More »

VW shelves overhaul of U.S. business until scandal abates, report says

11:44 am U.S. ET | Oct. 27, 2015

Volkswagen has shelved plans to reorganize the management of its North American business and will not address its future strategy there until it has reached legal agreements over its rigging of emissions tests, two sources familiar with the matter told Reuters.... Read More »


Germany invites U.S. experts to observe diesel tests after VW scandal

Oct. 27, 2015 11:43 CET

German Transport Minister Alexander Dobrindt has invited U.S. experts to Germany to observe checks on vehicles with diesel engines ordered as a result of VW's emissions scandal.... Read More »

Automakers' Mexico plants were spared as Patricia weakened

3:51 pm U.S. ET | Oct. 26, 2015

Automakers with plants in Mexico are breathing a sigh of relief after Hurricane Patricia, at one point the strongest hurricane ever recorded in the Western Hemisphere, passed through the country with only minimal effects on production and logistics.... Read More »


BLOG: In Trump vs. Ford, truth is the loser

1:08 pm U.S. ET | Oct. 26, 2015

Never one to let facts stand in the way of a good victory lap, Donald Trump wants credit for a decision Ford made four years ago. Trump on Sunday claimed Ford had canceled plans to invest $2.5 billion building plants in Mexico and instead would do the work in Ohio.... Read More »

Will Trudeau's victory mark a win for industry in Canada?

12:01 am U.S. ET | Oct. 26, 2015

Last week's dramatic election in Canada could turn out to be good news for the country's beleaguered auto industry. The winning left-leaning Liberal Party, led by prime minister-designate Justin Trudeau, campaigned by pledging a greater willingness to spend money to stimulate the economy and create or preserve jobs.... Read More »

A stealth giant in auto retail

12:01 am U.S. ET | Oct. 26, 2015

The titans who own the nation's largest privately held dealership groups are mostly familiar names: high-profile businessmen such as Rick Hendrick, John Staluppi, Herb Chambers, Rick Case, Dave Wilson and Alan Potamkin. But the biggest of them all appears to be a hard-nosed, hard-driving Florida entrepreneur you never heard of.... Read More »

AutoNation nears purchase of Texas dealership group, source says

9:23 pm U.S. ET | Oct. 25, 2015

AutoNation is poised to make its second huge acquisition deal of 2015. The nation's largest new-car retailer is negotiating to buy Allen Samuels Auto Group based in Waco, Texas, a person familiar with the transaction said.... Read More »


Germany, U.S. plan talks on VW scandal, report says

Oct. 23, 2015 08:57 CET

German Transport Minister Alexander Dobrindt will travel to Washington to discuss the VW emissions scandal with Anthony Foxx, his U.S. counterpart, German government sources told Reuters.... Read More »

Automakers with Mexico plants monitor 'strongest ever' hurricane's path

3:48 pm U.S. ET | Oct. 23, 2015

Automakers with Mexico assembly plants are monitoring the path of Hurricane Patricia -- the “strongest ever” hurricane on record -- as it made landfall Friday night near Manzanillo on Mexico's west coast. But with mountainous terrain sheltering inland regions, the industry is expecting only a minimal impact on production and logistics.... Read More »

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GM's Barra: Tapping into ideas from Silicon Valley

GM's Barra: Tapping into ideas from Silicon Valley

General Motors CEO Mary Barra comments on lessons from mom; girls who shy away from math; slicing a 10-page policy down to two words; tapping millennials to erase stupid habits; taking regular trips to Silicon...
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