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THE GM RECALL

GM sued for $10 billion over losses on 27 million recalled cars

1:43 pm U.S. ET | Oct. 15, 2014
General Motors was hit with its biggest lawsuit so far over serial recalls, brought on behalf of drivers of 27 million vehicles seeking more than $10 billion in compensation for fallen car prices.... Read More »

 

Toyota recalls mount as automaker faces increasing scrutiny

3:07 am U.S. ET | Oct. 15, 2014
Toyota made its fourth global recall involving more than a million vehicles this year, as the world's largest automaker begins operating with stricter supervision over safety from regulators in the United States.... Read More »

 

Anti-Tesla bill reaches Michigan governor's desk

12:50 pm U.S. ET | Oct. 15, 2014
Legislation that would prevent Tesla Motors from directly selling its EV lineup in Michigan has cleared the state's legislative chambers and is awaiting the signature of Republican Governor Rick Snyder. The deadline to sign the bill is October 21.... Read More »

 

Lithia expects flat per-unit F&I revenue through 2015

12:01 am U.S. ET | Oct. 15, 2014
Lithia Motors expects average F&I revenue per vehicle retailed to stay flat through the rest of 2014 and 2015, at the current level of about $1,200 on a same-store basis. The retailer expects same-store average F&I revenue per unit of $1,202 in the third quarter.... Read More »

 

RICHARD JOHNSON

The joy of being a Jeep dealer in 2014

3:35 pm U.S. ET | Oct. 15, 2014
Holy Toledo, what's it like to be a Jeep dealer in 2014? Andy Shaver, president of the Shaver Group, just smiles when I ask. A smile that says: "Awesome and then some."... Read More »

 

2014 L.A. AUTO SHOW

Audi concept to usher in new styling era

2:08 pm U.S. ET | Oct. 15, 2014
Audi will introduce a new design direction with a concept car debuting next month at the Los Angeles Auto Show. The concept will be the first Audi vehicle styled under Marc Lichte, who took over as head of Audi design in February after leading exterior design at Volkswagen.... Read More »

 

GM's Q3 global vehicle sales up 2% on strong China, U.S. demand

10:43 am U.S. ET | Oct. 15, 2014
General Motors' global sales rose 2 percent in the third quarter, driven by strong demand in the two largest auto markets in the world, China and the United States.... Read More »

 

GM sides with U.S. wireless carriers in net neutrality fight

1:32 pm U.S. ET | Oct. 15, 2014
GM has emerged as a heavyweight ally of the wireless carriers battling against stricter Internet traffic rules, with a new letter that linked the issue to wirelessly connected cars.... Read More »

 

TrueCar offers upfront pricing on document fees, dealer-added accessories

11:46 am U.S. ET | Oct. 15, 2014
TrueCar, bidding to increase transparency of vehicle transaction costs, said its 9,000 dealer franchisees agreed to reveal all vehicle accessory and nongovernmental document fees when guaranteeing prices to TrueCar shoppers... Read More »

 

Jay Leno signs deal to host new car series for CNBC

11:25 am U.S. ET | Oct. 15, 2014
Comedian Jay Leno, who was the host of NBC's "Tonight Show" for more than 20 years, will return to television next year to host a new series about cars, the cable network CNBC said today.... Read More »

 

Hitachi Automotive readies new autonomous driving technology

10:57 am U.S. ET | Oct. 15, 2014
Hitachi Automotive Systems is readying a suite of new autonomous driving technologies, including a no-hands self-parking function it plans to market in 2016. The systems, unveiled last week at the supplier’s proving ground in northern Japan, entail precrash braking, advanced adaptive cruise control and vehicle stability control for electric vehicles.... Read More »

 

Audi wants $2.5 billion in annual cost cuts to offset tech spending, reports say

9:01 am U.S. ET | Oct. 8, 2014
Audi wants to rein in costs by about $2.5 billion a year to offset surging spending on new technology, according to people familiar with the matter.... Read More »

 

Marchionne foresees merger creating a new No. 1 automaker

7:07 am U.S. ET | Oct. 8, 2014
Fiat Chrysler Automobiles CEO Sergio Marchionne sees potential to form a new No. 1 automaker as companies grapple with low returns on the growing amount of money needed to develop a new car.... Read More »

 

Technology propels fuel economy average to record 24.1 mpg, EPA says

1:15 pm U.S. ET | Oct. 8, 2014
The average fuel economy of cars and light trucks, driven by wider use of technology, rose to a record 24.1 mpg in the 2013 model year, though the pace of improvement slowed. Fuel economy will average 24.2 mpg across the industry for 2014 models, the EPA estimated, but cautioned the final figure will likely be revised higher.... Read More »

 

DAVE GUILFORD

Sergio has been the glue that kept Fiat Chrysler intact

3:16 pm U.S. ET | Oct. 8, 2014
Sergio Marchionne's declaration that he will leave his job as head of Fiat Chrysler Automobiles at the end of 2018 sent my memory back nearly a decade to an ornate love fest in Las Vegas.... Read More »

 

Mitsubishi maintains profit guidance, uncertain on sales outlook

1:53 pm U.S. ET | Oct. 8, 2014
Mitsubishi Motors expects to meet its full-year guidance for operating profit for the 2014-15 financial year, but is not yet certain it can meet its forecast for sales, a spokesman for the company said on Wednesday.... Read More »

 

Johnson Controls fires consultant after affair with CEO

11:48 am U.S. ET | Oct. 8, 2014
Johnson Controls fired a consulting firm after learning that one of its principals had an extramarital affair with CEO Alex Molinaroli. Molinaroli told his family about his affair with psychologist Kristin Ihle in late May, according to the transcript of a court hearing at which Ihle unsuccessfully sought a restraining order against the CEO's estranged wife.... Read More »

 

2014 L.A. AUTO SHOW

Porsche adds 4 GTS variants to 911 lineup for 2015

6:00 pm U.S. ET | Oct. 7, 2014
Porsche, feeling the heat from such cars as the redesigned Chevrolet Corvette, is giving the venerable 911 a tune-up for 2015.... Read More »

 

Volvo to pitch long-wheelbase S60 as 'executive car'

12:01 am U.S. ET | Oct. 7, 2014
Volvo says the S60L, to be imported from China, will be positioned as “an executive car,” with more features and options, while the S60 will become the sportier model.... Read More »

 

Landers starts up another dealership group

12:01 am U.S. ET | Oct. 6, 2014
Longtime Arkansas dealer Steve Landers said he simply likes to build dealership groups.... Read More »

 

Dealerships learn how to handle calls

12:01 am U.S. ET | Oct. 6, 2014
Phone calls into dealerships are soaring, and so is the need to reduce fumbled calls that are hurting sales and customer satisfaction.... Read More »

 

PARIS AUTO SHOW

Toyota: Fuel cell sedan sales won't match Prius' launch

12:01 am U.S. ET | Oct. 5, 2014
Sales of Toyota's fuel cell sedan probably won't grow as quickly as those of the Prius hybrid.... Read More »

 

MIKE COLIAS

What the new Opel Corsa and next-gen Chevy Volt have in common

1:33 pm U.S. ET | Oct. 1, 2014
It wasn't long ago when the smallest engine in one of General Motors' smallest European cars wouldn't have stood a chance of showing up under hoods in the United States. But times have changed, thanks to tightening fuel-economy and emissions standards.... Read More »

 

SEPTEMBER U.S. AUTO SALES

GM, Nissan, Chrysler gains propel market to 9% increase

8:00 am U.S. ET | Oct. 1, 2014
U.S. light-vehicle sales -- paced by truck-fueled gains at GM, Chrysler Group and Nissan Group -- rose 9 percent in a September marked by sharp brand advances and a few steep declines. The industry-wide results were just below forecasts and cooler than the scorching rate of sales set in August. Still, they reflect a market coasting toward its fifth straight year of recovery following the 2007-09 recession. The SAAR has topped 16 million for 6 straight months.... Read More »

 

Ford Credit rolls out 75-month loans nationwide

12:01 am U.S. ET | Oct. 1, 2014
Ford Motor Credit has joined the trend toward longer loans, rolling out 75-month terms nationwide starting today. The company previously had conducted a pilot program.... Read More »

 

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Track, tech events draw crowds to Hoffman stores

Track, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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