VIDEO: AutoNews Now: Stein: Wild week on Wall Street

12:01 am U.S. ET | Aug. 28, 2015

Stein: Wild week on Wall Street; Pickup spiffs pick up, F-150 inventories recover; Military deal aids GM; Bosch's big battery buy; Ferrari back in India.... Read More »

Calif. dealers call Tesla referral deal illegal

1:11 pm U.S. ET | Aug. 28, 2015

A new referral program from Tesla Motors that offers discounts to buyers referred by a Tesla owner is drawing complaints from dealers in the electric-car manufacturer’s home state of California.... Read More »

GM's Duramax V-8 engine to power U.S. Army's Humvee replacement

1:45 pm U.S. ET | Aug. 28, 2015

GM's powertrain division will supply the engine for the successor to the Army's Humvee -- a deal that could see GM deliver as many as 55,000 diesel V-8 engines. The new Joint Light Tactical Vehicle, to be built by Oshkosh Defense, will be powered by a military specification version of the Duramax turbodiesel V-8 used in GM's heavy-duty pickups.... Read More »

New BMW 7 series focuses on comfort to beat S class

Aug. 28, 2015 06:01 CET

BMW believes its latest 7 series offers levels of comfort that will help it close the gap with the segment-leading Mercedes-Benz S class, especially in the key China market where wealthy executives prize comfort features above driving dynamics.... Read More »

NEWS ANALYSIS

The UAW benefits failure that wasn't

10:42 am U.S. ET | Aug. 28, 2015

Five years ago, GM, Ford and Chrysler, with the UAW's blessing, created an independent entity to provide health insurance for more than 700,000 retirees. Despite predictions of failure, the $61 billion UAW Retiree Medical Benefits Trust is thriving today.... Read More »

Subaru sees no immediate return to Tianjin port after blast

10:01 am U.S. ET | Aug. 28, 2015

Subaru maker Fuji Heavy Industries said today that it will keep diverting car exports from Tianjin to Shanghai for now because its Tianjin operations have yet to return to normal after explosions in the Chinese port city this month.... Read More »

Bosch acquires U.S. electric car battery developer Seeo

9:43 am U.S. ET | Aug. 28, 2015

German auto supplier Robert Bosch has bought Seeo, a California-based company that has developed next-generation lithium-ion batteries that could double the range of electric cars.... Read More »

VIDEO: First Shift: Smart ForTwo gets U.S. twist

12:01 am U.S. ET | Aug. 28, 2015

Smart ForTwo gets U.S. twist; Hyundai Accent changes; Tesla tries PayPal idea; Mazda's new retail look; In-car ID theft risk?... Read More »

PSA's DS brand creates performance unit to develop EV and plug-in hybrid technology

Aug. 28, 2015 06:01 CET

PSA/Peugeot-Citroen's DS Automobiles upscale brand has created a motorsports unit to support its racing activities that could provide future technology for the production of electric and high-performance cars.... Read More »

Musk takes page from PayPal with Tesla Model S referral offer

7:06 am U.S. ET | Aug. 28, 2015

Elon Musk reached back to his days at PayPal for Tesla's first-ever incentive offer. Anyone who orders a new Model S sedan before Oct. 31 using the referral link of a current owner will get $1,000 off the purchase price, under the program announced July 29.... Read More »

DS will challenge established premium brands

Aug. 28, 2015 06:01 CET

DS may be the youngest brand on the market but its product chief, Vincent Devos, believes the upscale marque can rival the best the luxury segment has to offer within two decades, as he explained to Automotive News Europe.... Read More »

Smart ForTwo takes on more American dimensions

3:34 pm U.S. ET | Aug. 27, 2015

The bite-size Smart ForTwo may have a European flavor, but the third-generation model coming to the U.S. in September was cooked up using plenty of American ingredients. All of the key changes to the 2016 model -- increased width, new transmission choices, and more substantial styling -- were made primarily with the U.S. in mind.... Read More »

Volkswagen will invest $340 million in South Africa

Aug. 27, 2015 15:52 CET

Volkswagen is investing more than $340 million in South Africa for new products and infrastructure. Automakers in the country, where Toyota, BMW and Mercedes also produce vehicles, are stepping up exports as the local market shrinks.... Read More »

Cars will be ripe for identity theft as shopping comes to dashboard, experts say

11:48 am U.S. ET | Aug. 27, 2015

Hackers can already take control of a car. And as vehicles become rolling shopping malls, cybercriminals will have an opportunity to snatch your identity, too. Eager for a cut of drivers' purchases of fast food, gas and more, automakers have big plans to bring e-commerce to the dashboard.... Read More »

Tesla Model S breaks Consumer Reports' test scale

6:43 am U.S. ET | Aug. 27, 2015

Tesla's high-performance Model S P85D scored a 103 on Consumer Reports' ratings scale meant to top out at 100, forcing the magazine to recalibrate its ratings. “It blew away everything else we've ever tested,” said Jake Fisher, the magazine's automotive testing director.... Read More »

AUGUST U.S. AUTO SALES

Sales may dip for first time in 19 months

1:00 pm U.S. ET | Aug. 27, 2015

Monthly U.S. auto sales are expected to fall for the first time in 19 months in August, but analysts say it's a blip caused by a later-than-usual Labor Day rather than a softening of consumer demand. Still, that could be enough to halt Fiat Chrysler Automobiles' streak of consecutive year-over-year gains after 64 months.... Read More »

VIDEO: AutoNews Now: Keeping drivers on a long lease

12:01 am U.S. ET | Aug. 27, 2015

Surge in longer car leases; Sergio to run Ferrari?; Photos of redesigned Kia Sportage; Dodge Barracuda creates a buzz; Challenger companion?... Read More »

Monthly payments, loan terms up in Q2, Experian says

1:49 pm U.S. ET | Aug. 27, 2015

The average monthly payment increased and new-vehicle loan terms grew during the second quarter as average U.S. transaction prices for new cars and light trucks rose, Experian Automotive reported today.... Read More »

China's BAIC in talks to take Daimler stake, report says

Aug. 27, 2015 11:09 CET

Chinese automaker BAIC Motor is in talks with Daimler about taking a stake in the German luxury carmaker, Reuters reported. If a deal is completed BAIC will become one of Daimler's top shareholders after Kuwait and Renault-Nissan.... Read More »

Ferrari considers appointing Marchionne as CEO, report says

Aug. 27, 2015 15:10 CET

Ferrari is considering appointing Sergio Marchionne as CEO after Amedeo Felisa retires from the post in the coming months, sources told Bloomberg. Marchionne is already chairman of Ferrari and CEO of Ferrari owner Fiat Chrysler.... Read More »

2015 FRANKFURT AUTO SHOW

Renault touts Talisman wagon's upscale features

Aug. 27, 2015 11:40 CET

Renault is touting upscale features and a roomy interior for the wagon version of its new Talisman midsize model line. The Talisman wagon is a key launch for Renault because 54 percent of sales in Europe's midsize segment are that bodystyle.... Read More »

Toyota poised to restart production at China plant

10:22 am U.S. ET | Aug. 27, 2015

Toyota said it will restart work today at China plants that were shut after explosions in the city of Tianjin. Workers at two lines in the Tianjin Economic Technological Development Area were expected to return today and start preparation to begin production on Friday, Toyota said in an e-mailed statement.... Read More »

Honda offers facelift of slow-selling CR-Z sports hybrid

7:12 am U.S. ET | Aug. 27, 2015

Honda hopes a facelift will give a sales lift to one of its weakest entries: the CR-Z sporty hybrid. A revamped version goes on sale in Japan in October and is expected to hit U.S. showrooms sometime the following month.... Read More »

China's luxury shoppers hit pause amid roiling markets

7:40 am U.S. ET | Aug. 27, 2015

The rout in China stocks is posing another threat to the world's biggest car market, jeopardizing growth plans for companies from Volkswagen AG to General Motors.... Read More »

Global carmakers rework India plans

Aug. 27, 2015 12:01 CET

Leading global carmakers including VW, GM, Nissan and Renault are reviewing their plans in India as they seek to boost sales, avoid more cutbacks, and better compete against market leaders Maruti Suzuki, Hyundai and Mahindra.... Read More »

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