Daily Email Wednesday

Tesla pays back balance of DOE loan

10:48 am U.S. ET | May 22, 2013
Tesla Motors said it paid off the entire balance of its federal government loan given as part of a Department of Energy program to spur development of alternative energy vehicles.... Read More »

 

Michael Stanton, longtime D.C. advocate for automakers, to retire in 2014

11:50 am U.S. ET | May 22, 2013
Michael Stanton, a longtime lobbyist and a driving force for automakers in public policy, plans to retire as president and CEO of the Association of Global Automakers in early 2014.... Read More »

 

Gentex CFO leaves but will work with supplier as consultant

4:02 pm U.S. ET | May 22, 2013
Gentex, a maker of rearview mirrors and electronics parts, said its CFO and vice president of finance has left the company but will remain a consultant with the supplier.... Read More »

 

DAVE GUILFORD

Why Infiniti, Lincoln face the same challenge

2:51 pm U.S. ET | May 22, 2013
The luxury marque hasn't lived up to its dreams. In fact, there was talk that its parent company might kill it. Now with a dynamic new leader, it's trying to build buzz with a more exciting lineup.... Read More »

 

Ford, Chrysler to reduce summer shutdowns at most N.A. plants

12:01 am U.S. ET | May 22, 2013
Ford Motor and Chrysler Group said today they are scaling back annual summer production shutdowns this year in hopes of boosting output of key models in North America. General Motors declined to disclose specific summer plans.... Read More »

 

GM moving treasury office to Detroit headquarters from New York

9:35 am U.S. ET | May 22, 2013
GM said it will move its treasury office to its Detroit headquarters from New York in mid-2014, affecting about 70 employees.... Read More »

 

NADA, automakers reach out with aid for tornado victims

7:23 pm U.S. ET | May 21, 2013
The National Automobile Dealers Association and several automakers are reaching out with assistance to dealers and victims affected by Monday's tornado in Oklahoma.... Read More »

 

VW to modify late-model diesels to prevent improper fueling

4:36 pm U.S. ET | May 21, 2013
Volkswagen plans to refit more than a quarter million 2009-12 diesel cars to prevent North American customers from mistakenly pumping gasoline into the fuel tanks.... Read More »

 

Ford to maintain Canadian factory footprint despite high labor costs

12:49 pm U.S. ET | May 21, 2013
Ford is confident it can preserve its manufacturing profile in Canada despite uncompetitive operating costs tied to the high Canadian dollar, the company's top executive in the country said today.... Read More »

 

Automakers, dealers remain opposed to bill preventing rental firms from renting recalled vehicles

6:34 pm U.S. ET | May 21, 2013
Major automakers and auto dealers told a Senate panel Tuesday that they remain opposed to legislation that would prohibit rental car companies from renting or selling vehicles that are subject to a federal safety recall.... Read More »

 

Again, Tokyo show a no-go for Detroit 3

12:01 am U.S. ET | May 20, 2013
The Detroit 3 will sit out the Tokyo Motor Show, no-shows for the third straight time.... Read More »

 

TALK FROM THE TOP: JIM LENTZ, CEO, NORTH AMERICA REGION, TOYOTA MOTOR CORP.

Toyota streamlines decision-making for North America

12:01 am U.S. ET | May 20, 2013
Toyota President Akio Toyoda restructured the company's management this year to give more authority and autonomy to local regions. Nowhere was this more evident than in North America, where Jim Lentz, CEO of Toyota Motor Sales, was placed in charge of all Toyota sales and manufacturing for the region.... Read More »

 

DOUGLAS A. BOLDUC

Is the S in the new Mercedes S class for Shanghai?

12:01 am U.S. ET | May 15, 2013
The new Mercedes-Benz S class made its world premiere today in Hamburg, Germany, but Shanghai might have been more appropriate. Why? China accounted for nearly half of all S-class sales from 2010-2012.... Read More »

 

Revamped Mercedes S class strives to set new luxury mark

2:00 pm U.S. ET | May 15, 2013
Mercedes-Benz is heralding the redesigned 2014 S class as a flagship that will set new benchmarks for luxury sedans with its packaging of technology, safety gear and opulence.... Read More »

 

NHTSA confirms new deputy, considers push for automatic braking

3:51 pm U.S. ET | May 15, 2013
The National Highway Traffic Safety Administration has confirmed David Friedman, previously a transportation analyst at the Union of Concerned Scientists, as its new deputy administrator.... Read More »

 

U.S. to monitor cybersecurity risks as car connectivity grows

3:04 pm U.S. ET | May 15, 2013
Rising cybersecurity risks to drivers as their cars become increasingly powered by and connected to computers have prompted federal auto safety regulators to start a new office focusing on the threat.... Read More »

 

Survey: Consumers are ready for new tech ideas in cars

10:29 am U.S. ET | May 15, 2013
A new survey about what vehicle consumers want and don't want suggests that the auto industry is lagging consumers when it comes to technology ideas.... Read More »

 

Detroit 3 research group targets next-gen hybrid, EV batteries

3:46 pm U.S. ET | May 15, 2013
With the U.S. Department of Energy's help, a research group managed by the Detroit 3 is launching a drive to speed development of next-generation battery technologies for hybrids and electric vehicles, the department said today.... Read More »

 

Lawsuit claims defects in Ford 3.5-liter V-6 EcoBoost engine

1:07 pm U.S. ET | May 15, 2013
Ford is being sued by three vehicle owners in Ohio because of alleged defects in the automaker's six-cylinder EcoBoost engine.... Read More »

 

LINDSAY CHAPPELL

How GM and Nissan avoided a UAW thorn

3:15 pm U.S. ET | May 15, 2013
A labor taboo still exists in the North American auto industry, and Nissan and GM sidestepped it this week. GM revealed that it will buy Nissan's compact commercial vans to provide Chevrolet with a competitor to Ford's Transit Connect compact van.... Read More »

 

AMY WILSON

Rebranding effort aids AutoNation's community giving

11:57 am U.S. ET | May 15, 2013
AutoNation has rebranded nearly 40 percent of its dealerships with its coast-to-coast AutoNation name. And, contrary to early fears within the nation's largest auto dealership group, AutoNation says it is maintaining or increasing share in those converted markets.... Read More »

 

Fiat mulls U.S. headquarters after Chrysler merger, report says

10:04 am U.S. ET | May 15, 2013
Fiat is considering moving its corporate headquarters to the United States following a planned merger with Chrysler Group, three people familiar with the matter said. CEO Sergio Marchionne is evaluating the switch from Turin, where Fiat was founded in 1899, to the United States as the carmaker's revenue and profit center shifts to North America, the people said, asking not to be identified discussing the internal deliberations.... Read More »

 

Americans, especially young, continue to drive less, report says

5:36 pm U.S. ET | May 14, 2013
Americans, in a worrisome sign for automakers, continue to drive less, with more and more younger people choosing to forgo a driver's license altogether, a major new study released Tuesday found.... Read More »

 

James Lawrence, NADA Used Car Guide publisher, dies

5:15 pm U.S. ET | May 14, 2013
James Lawrence, former publisher of NADA Used Car Guide, died May 6. He was 90.... Read More »

 

Former Mercedes spokesman A.B. Shuman dies at 72

4:54 pm U.S. ET | May 14, 2013
Arnold Baer Shuman, a product spokesman for Mercedes-Benz of North America for more than two decades, died suddenly Friday at his home in New Jersey. He was 72.... Read More »