Daily Email Wednesday

AutoNation sales up 6% in November

3:19 pm U.S. ET | Dec. 3, 2014
Strong truck sales helped AutoNation to a 6 percent increase in new-vehicle sales in November. New-vehicle sales for AutoNation, the country's largest dealership group, were 27,055 in November, with increases from all of the company's operating segments.... Read More »

 

Takata has yet to find 'root cause' of airbag ruptures, executive says

2:27 pm U.S. ET | Dec. 3, 2014
Japanese supplier Takata acknowledged today that it still does not understand what is causing airbag explosions that have hurtled metal shards into vehicles even as it insisted that calls for a broader recall to remedy the problem were misguided.... Read More »

 

Honda Finance may face U.S. penalty for discrimination in auto-loan pricing

12:01 am U.S. ET | Dec. 3, 2014
American Honda Finance said the Consumer Financial Protection Bureau and U.S. Department of Justice have concluded the company was responsible for illegal discrimination in pricing auto loans and could be disciplined unless it reaches a settlement with the federal agencies.... Read More »

 

Tesla Model S beats out Porsche in owner-satisfaction survey

10:40 am U.S. ET | Dec. 3, 2014
Tesla Motors drivers were more likely than Porsche owners -- or anyone else -- to say they’d buy their cars again in this year’s edition of the closely-watched Consumer Reports buyer survey.... Read More »

 

Takata chief called to explain airbag crisis to Japan's industry ministry, report says

10:08 am U.S. ET | Dec. 3, 2014
Japan's powerful industry ministry has summoned Shigehisa Takada, chairman and CEO of Takata, to explain what the company is doing to resolve a crisis over potentially deadly airbags, two people with knowledge of the matter told Reuters.... Read More »

 

Takata investigated defective airbag inflator as early as 2003

9:26 am U.S. ET | Dec. 3, 2014
As early as 2003, Takata ran an investigation into an airbag inflator that ruptured in a BMW, but concluded the problem was an anomaly, the company said on Tuesday, ahead of a second congressional hearing today on dangerous airbags it supplied.... Read More »

 

Dealers offer better hours, but still see high sales turnover, NADA study finds

8:00 am U.S. ET | Dec. 3, 2014
U.S. car dealerships are making progress in offering employees a better work-life balance, but continue to face challenges in retaining sales staff and recruiting women. Those were some key findings in the National Automobile Dealers Association's third annual Dealership Workforce Study released today.... Read More »

 

Bob Thomas, former U.S. boss of Nissan, dies at 69

7:09 am U.S. ET | Dec. 3, 2014
Bob Thomas, who led Nissan's United States sales operations in the 1990s before joining AutoNation and Edmunds, has died in Hawaii. Thomas died November 23 after a brief illness, according to friends and former colleagues. He was 69.... Read More »

 

Takata Mexico airbag plant inspection finds safety shortcomings

6:37 am U.S. ET | Dec. 3, 2014
Takata, the airbag supplier at the center of a recall crisis, was told by Mexico’s government to take 171 measures to improve health and safety at a plant tasked with making millions of replacement air bags.... Read More »

 

Setting the stage for a 'huge' December

5:30 pm U.S. ET | Dec. 2, 2014
Timely automaker Black Friday promotions and a strong economy drove U.S. auto sales higher in November. Look for more of the same this month.... Read More »

 

Mercedes wins November U.S. luxury crown, trails BMW for annual title

9:00 am U.S. ET | Dec. 2, 2014
Mercedes-Benz, trailing BMW by a narrow 1,830-vehicle margin following record sales in November, has one month to overtake its German rival and retain its crown as the No. 1 luxury brand in the United States.... Read More »

 

Toyota brings active safety to masses in 2015

2:05 pm U.S. ET | Nov. 26, 2014
Toyota will step closer to autonomously driving cars next year when it begins to deploy a range of advanced active-safety systems across its mass-market lineup. The new or re-engineered technologies, unveiled in Tokyo, encompass more sophisticated precrash braking packages, a better auto-parking feature, a next-generation auto-adjust headlamp and a vehicle-to-infrastructure and vehicle-to-vehicle communication system.... Read More »

 

Mini to reduce lineup to 5 'Superhero' cars

9:04 am U.S. ET | Nov. 26, 2014
BMW has decided that Mini has gotten too big and will shrink the compact brand's lineup to five models from eight. The move reverses course after Mini rolled out a series of quirky derivatives like the coupe and roadster two-seaters in recent years.... Read More »

 

Honda says defective Takata airbags in 2002 used different design

3:40 pm U.S. ET | Nov. 26, 2014
Honda said it was aware of a ruptured Takata airbag inflator in a car that was covered by a 2002 recall but the inflator design was different from one that ruptured in a 2004 accident.... Read More »

 

Toyota says RAV4 improves in key overlap front crash test

3:48 pm U.S. ET | Nov. 26, 2014
A year after Toyota's RAV4 crossover was denied an influential top safety rating, an updated design underwent new crash testing this week that engineers promise will deliver high honors and redeem the nameplate's reputation.... Read More »

 

NHTSA orders Takata to undertake national airbag recall

11:34 am U.S. ET | Nov. 26, 2014
U.S. regulators formally demanded Takata take part in a nationwide recall of defective airbags, saying the company's piecemeal approach to fixing a potentially deadly flaw in millions of cars is insufficient.... Read More »

 

Senate panel plans Dec. 3 hearing on NHTSA nominee Rosekind

4:09 pm U.S. ET | Nov. 26, 2014
A U.S. Senate panel will hold a hearing next week to consider the nomination of Mark Rosekind, a human fatigue and pilot-alertness expert, to become the head of NHTSA.... Read More »

 

GM ordered to produce ex-CEO Wagoner's 2009 performance review

8:34 am U.S. ET | Nov. 26, 2014
A U.S. judge ordered GM to give customers any portions of former CEO Rick Wagoner's 2009 performance evaluation that relate to recalls and ignition-switch issues.... Read More »

 

UAW members rally in Toledo to keep Wrangler output; city urged to buy land

1:05 pm U.S. ET | Nov. 26, 2014
UAW members rallied before Toledo's city council Tuesday asking the city to approve the purchase of industrial land needed for the potential expansion of the assembly plant that makes the hot-selling Jeep Wrangler.... Read More »

 

Chrysler says airbag recall to start earlier than planned

4:17 pm U.S. ET | Nov. 26, 2014
Chrysler Group will send recall notifications to owners of vehicles equipped with potentially defective Takata airbags nearly two weeks earlier than planned, the company said late Wednesday.... Read More »

 

Tony Johnson, backer of Saleen and major suppliers, dies at 74

3:30 pm U.S. ET | Nov. 26, 2014
Tony Johnson, co-founder of Hidden Creek Industries, a private company that acquired, sold and backed some of the auto industry's biggest suppliers and boutique car builders, died Nov. 16. He was 74.... Read More »

 

Delphi's Korean partner complicating sale of thermal unit

1:15 pm U.S. ET | Nov. 26, 2014
Delphi Automotive's sale of its air conditioning business is being complicated by potential problems with one of its South Korean joint venture partners, three people familiar with the deal said.... Read More »

 

Takata airbag rupture in Japan signals more automaker recalls

6:36 am U.S. ET | Nov. 26, 2014
Japan's transportation ministry said a Takata airbag ruptured in a model not covered by existing recalls, suggesting automakers may have to expand safety campaigns to replace the devices linked to five deaths.... Read More »

 

JAMES B. TREECE

Why the bid-rigging? Ask the automakers

12:29 pm U.S. ET | Nov. 26, 2014
Toyota employees are taught to solve problems with the “Five Whys.” Ask why it happened, and why that happened, and so on until you get to the fundamental problem.... Read More »

 

Ferrari spin-off to reduce Fiat Chrysler debt by $894 million

11:57 am U.S. ET | Nov. 26, 2014
Fiat Chrysler Automobiles expects its net industrial debt to drop by about $894 million thanks to a planned Ferrari spin-off, a regulatory filing showed on Wednesday.... Read More »

 

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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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