OEM Coverage

Mitsubishi's quarterly profit gains paced by Europe

4:14 pm U.S. ET | July 30, 2014
Europe was Mitsubishi's most profitable region in the fiscal first quarter ended June 30, the company said today.... Read More »

 

GM resumes pickup output at Indiana plant

12:53 pm U.S. ET | July 30, 2014
Production resumed today at one of GM's three pickup plants after being idled because of an interruption in sheetmetal supplies, the company said.... Read More »

 

Audi CEO vows efficiency drive to enhance margins, report says

2:45 pm U.S. ET | July 30, 2014
Audi plans steps to boost efficiency and lower costs on all operating levels, according to a senior company source, as the luxury carmaker struggles to raise output and profit margins.... Read More »

 

Hyundai recalls 883,000 Sonata sedans to repair transmission-shift cable

8:06 am U.S. ET | July 30, 2014
Hyundai is recalling about 883,000 Sonata sedans in the United States and Puerto Rico because a potentially defective transmission-shift cable could increase the risk of a crash. It is also recalling 5,650 Sonatas from the 2015 model year in the United States and Puerto Rico because one or both front-brake calipers may crack, making the brakes less effective and raising the risk of a crash, NHTSA documents show.... Read More »

 

Fiat profit falls on weak North, South America performance; Europe loss reduced

July 30, 2014 11:33 CET
Fiat reported a fall in second-quarter operating profit as a better performance from its luxury brands and its Asia and European operations failed to offset weak Latin American and disappointing North American results.... Read More »

 

Small cars struggle in latest round of IIHS crash tests

12:01 am U.S. ET | July 30, 2014
Small cars performed poorly in a new round of insurance industry crash testing, with the four-door Mini Cooper Countryman receiving the only good rating of 12 cars evaluated. Meanwhile, the lithium ion electric batteries of the Chevrolet Volt plug-in hybrid and Nissan Leaf electric vehicle survived during their first Insurance Institute for Highway Safety tests with no problems reported.... Read More »

 

BMW Group tops dealer finance satisfaction survey

12:01 am U.S. ET | July 30, 2014
BMW Group Financial Services dominated nearly every category of J.D. Power's 2014 U.S. Dealer Financing Satisfaction Study released this week.... Read More »

 

Redesigned Mercedes-Benz C-class sedan packed with new tech

10:38 am U.S. ET | July 30, 2014
Mercedes-Benz is vying for the luxury compact crown with the redesigned 2015 C-class sedan, equipped with new technology and features trickled down from the S-class flagship.... Read More »

 

PSA's car division back in profit as new CEO makes mark

July 30, 2014 08:27 CET
PSA/Peugeot-Citroen narrowed its first-half net loss and posted the first positive contribution from its core auto division in three years, as the carmaker's recovery plan began to show early results.... Read More »

 

THE GM RECALL

GM sued over deaths, injuries linked to ignition switch

10:14 pm U.S. ET | July 29, 2014
General Motors was hit Tuesday with a lawsuit brought on behalf of more than 650 people allegedly injured or killed in accidents involving cars that have been recalled this year for faulty ignition switches.... Read More »

 

Kia hints at next Sorento with design sketches

9:58 pm U.S. ET | July 29, 2014
Kia Motors plans to unveil the redesigned, third-generation Sorento next month in Korea.... Read More »

 

Land Rover preps Discovery Sport with room for 7

10:33 pm U.S. ET | July 29, 2014
Land Rover confirmed plans Tuesday to offer a Discovery Sport model -- billed as a compact, family SUV -- that will be available with seating for seven passengers in a 5+2 configuration.... Read More »

 

VW suffers production woes adjusting to MQB platform, report says

July 29, 2014 16:38 CET
Volkswagen's move to add extra German production shifts for the Golf, which the company has attributed to strong demand, is also due to problems adjusting to its new MQB platform, company sources said.... Read More »

 

Mercedes-Benz violated Alabama workers' organizing rights, judge rules

4:52 pm U.S. ET | July 29, 2014
An administrative judge for the National Labor Relations Board ruled that Mercedes-Benz violated the organizing rights of workers at its Alabama plant by not allowing the distribution of union literature in common areas during off-work hours.... Read More »

 

Ford switching employees to iPhones from BlackBerries

1:27 pm U.S. ET | July 29, 2014
Ford is deploying iPhones for corporate use to employees worldwide, scoring a win for Apple as it seeks to lure more corporate customers.... Read More »

 

Honda profit rises 7 percent on cost cuts, Japan sales

3:30 am U.S. ET | July 29, 2014
Honda's quarterly operating profit rose 7 percent to $1.94 billion as lower sales in the United States were offset by costs cuts and the company's stronger focus on Asian markets.... Read More »

 

TRW net income rises to $265 million in Q2

7:08 am U.S. ET | July 29, 2014
Automotive safety technology supplier TRW Automotive Holdings today said its second-quarter net income rose 7 percent to $265 million. Total revenue during the quarter rose 2 percent to $4.6 billion, the company said in a statement.... Read More »

 

Chrysler sued over Jeep ignition-switch failures

4:02 pm U.S. ET | July 29, 2014
Chrysler was sued over allegedly faulty ignition switches in Jeeps, in a follow-up to more than 120 lawsuits General Motors faces over the same defect. Both automakers are accused of employing ignition switches that can be unexpectedly turned off, cutting power to brakes, steering and airbags and causing potentially deadly loss of control.... Read More »

 

Robotics suppliers post record business in North America

3:29 pm U.S. ET | July 29, 2014
Robotics suppliers, paced by automakers preparing for new-product launches, posted records for orders in North America during the second quarter and first half of the year, an industry trade group reported today.... Read More »

 

Suzuki recalls 25,900 Verona sedans in U.S.

10:39 am U.S. ET | July 29, 2014
Suzuki is recalling 25,900 Verona sedans from the 2004 to 2006 model years in the United States on the increased risk of a fire linked to daytime running lights, federal safety regulators said today.... Read More »

 

AvtoVAZ CEO Andersson aims to restore pride to Lada

July 29, 2014 13:12 CET
Bo Andersson, a former top purchasing manager at GM, aims to turn around the struggling Russian automaker AvtoVAZ through cost reductions and launching new Lada cars that can compete with Western competitors.... Read More »

 

GUIDO REINKING

Fiat would find a safe haven in VW

4:59 am U.S. ET | July 29, 2014
Reports that VW may buy Fiat-Chrysler sound improbable, but the idea has appeal. It would allow VW to overcome its weakness in North America and offer Fiat Chrysler a safe haven.... Read More »

 

Renault first-half profit surges 25% on cost cuts

July 29, 2014 08:28 CET
Renault reported a 25 percent jump in first-half operating profit thanks to cost-cutting even as currency headwinds and mounting inventories hurt sales and cash flow.... Read More »

 

2015 Cadillac ATS offers wireless charging dock

2:41 pm U.S. ET | July 28, 2014
General Motors will offer wireless charging for smartphones for the first time in the 2015 Cadillac ATS sedan and coupe when they are launched this fall.... Read More »

 

BMW unveils cheaper, suitcase-sized EV charger

10:02 am U.S. ET | July 28, 2014
BMW Group, which sees rapid recharging as key to the success of its new BMW i3 electric vehicle, said today that it has helped develop a less expensive charger the size of a small suitcase that could help create a nationwide charging network.... Read More »

 

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