Daily Email Wednesday

Chevy Cruze resculpted with sweptback styling

12:50 pm U.S. ET | May 6, 2015

The next-generation Chevrolet Cruze will get a more sculpted, sweptback appearance, based on recent spy shots that captured the compact sedan without camouflage.... Read More »

JLR eyes patent for rear wiper control

2:27 pm U.S. ET | May 6, 2015

Jaguar Land Rover has applied for a patent on an invention, highlighted at the Consumer Electronics Show this year, that would control a vehicle's rear window wiper through the driver's eye movement.... Read More »

Toyota picks 8 stores to sell Mirai hydrogen car

4:02 pm U.S. ET | May 6, 2015

Toyota, seeking a smooth debut this fall for its Mirai hydrogen car, said it will initially sell the car through just eight dealerships in California.... Read More »

KAR Auction Q1 net income doubles

3:11 pm U.S. ET | May 6, 2015

KAR Auction Services, parent company of ADESA, said its net income more than doubled to $54.5 million on revenues that increased 8.3 percent to $632.4 million in the first quarter.... Read More »

JAMIE LaREAU

BLOG: Lithia reaches out to women in step toward industry evolution

12:13 pm U.S. ET | May 6, 2015

Lithia has about 10,000 employees -- a quarter of them are women. But Lithia wants to hire more women at every level and it's doing something about it.... Read More »

Ford Credit sees highest Q1 dealer share in 14 years

11:15 am U.S. ET | May 6, 2015

Ford Credit increased its share of U.S. retail loan and lease volume for Ford and Lincoln dealers to 45 percent in the first quarter, the highest first quarter in 14 years. Losses for bad loans were only 0.22 percent of the total outstanding, well below the 10-year average of 0.40 percent.... Read More »

Daimler granted license from Nevada to test self-driving trucks

6:39 am U.S. ET | May 6, 2015

Daimler has been granted a license by Nevada to test self-driving trucks on public roads, as the U.S. and Europe race to establish a regulatory framework for autonomous vehicles.... Read More »

ZF acquisition of TRW cleared by FTC

6:00 pm U.S. ET | May 5, 2015

ZF Friedrichshafen’s acquisition of TRW Automotive, a transaction valued at $12.4 billion, was cleared by the Federal Trade Commission on Tuesday.... Read More »

Why so many more VW workers?

12:01 am U.S. ET | May 4, 2015

Check out the numbers in the accompanying table: Volkswagen Group, Toyota Motor Corp. and General Motors each sell about 10 million vehicles annually around the world, yet VW has more global employees than Toyota and GM combined.... Read More »

Champion of mpg pact says it will hold up

12:01 am U.S. ET | May 4, 2015

One of the chief architects of U.S. mandates for huge gains in fuel economy by 2025 says automakers have made so many technical advances they'll pass on their chance to push for less-stringent rules.... Read More »

Heat, tension and mistrust. But 'the dominoes fall our way'

12:01 am U.S. ET | May 4, 2015

As director of the EPA's Office of Transportation and Air Quality, Margo Oge helped lead the charge to implement federal regulations designed to slash vehicle emissions and double fuel economy to a 54.5 mpg average by the 2025 model year.... Read More »

He's sold boxing champ Floyd Mayweather 39 cars … and counting

2:45 pm U.S. ET | April 29, 2015

Obi Okeke has sold 39 cars to welterweight champ Mayweather, including a $3.2 million Ferarri Enzo and three Bugatti Veyrons that are worth $6.2 million combined. In a career spanning nearly 30 years, Okeke has sold cars to the likes of Arnold Schwarzenegger, Jessica Simpson, Ellen DeGeneres, Chris Tucker and more.... Read More »

GM to invest billions of dollars in U.S. plants, report says

4:16 pm U.S. ET | April 29, 2015

General Motors on Thursday will unveil multibillion-dollar, multiyear investments in several US manufacturing plants in a move to boost production and vehicle quality, a person familiar with the matter told Reuters.... Read More »

Marchionne argues if automakers won't consolidate, the market should make them

3:19 pm U.S. ET | April 29, 2015

Sergio Marchionne argued today that major automakers need to stop wasting billions developing the same products and start working together. And if automakers won't consolidate voluntarily, then the capital markets should force change upon them, the FCA boss said during a marathon conference call with analysts.... Read More »

Francois Michelin dies at age 88

9:24 am U.S. ET | April 29, 2015

Francois Michelin, who headed the French tire giant that bears his family name for 47 years, died Wednesday at age 88.... Read More »

DAVE GUILFORD

BLOG: Which approach to autonomous driving will win?

3:57 pm U.S. ET | April 29, 2015

When it comes to autonomous driving technology, the basic question boils down to whether to go all in or install it in limited doses.... Read More »

Cadillac prices CTS-V about $10K below rivals

3:35 pm U.S. ET | April 29, 2015

Cadillac said today that its track-ready 2016 CTS-V sedan will start at $83,995 when it goes on sale in late summer.... Read More »

Ford's latest recalls include first on new F-150, Edge

10:03 am U.S. ET | April 29, 2015

Ford launched four recalls totaling 591,000 vehicles today in North America, including the first on the redesigned F-150 and Edge and the ninth on the 2014 Escape.... Read More »

Fiat Chrysler swings to Q1 profit on N.A. strength

8:45 am U.S. ET | April 29, 2015

Fiat Chrysler Automobiles reported net income of 92 million euros ($101 million) in the first quarter as strong performance in North America offset a steep decline in Latin America. The first-quarter profit compares with a loss of $190 million a year earlier.... Read More »

CHRISTIAAN HETZNER

BLOG: Daimler mimics BMW with conservative profit outlook

6:17 am U.S. ET | April 29, 2015

Daimler seems to have taken a lead from BMW in keeping its 2015 profit outlook conservative to avoid any risk whatsoever of potentially giving the financial markets an unpleasant surprise later in the year.... Read More »

Musk bulks up Tesla batteries in leap beyond cars

6:51 am U.S. ET | April 29, 2015

Billionaire Elon Musk thinks he can pave the way to a better energy future by turning the mattress-shaped batteries in Tesla’s electric car into upright pillars so they can be used to power homes, businesses and even utilities.... Read More »

GM cuts Venezuela workforce by 13%; Ford halts output

6:15 pm U.S. ET | April 28, 2015

The Venezuelan division of GM has laid off 13 percent of its workforce and Ford's local plant has halted operations as a shortage of hard currency has left the companies unable to acquire parts, a union leader said on Tuesday.... Read More »

Yamada to pay $2.5 million U.S. fine for fixing prices of steering columns

6:15 pm U.S. ET | April 28, 2015

Japan's Yamada Manufacturing agreed to pay a $2.5 million fine and plead guilty to a single felony count of fixing the prices of steering columns.... Read More »

TRW to sell suspension unit to THK for $400 million

6:46 am U.S. ET | April 22, 2015

TRW Automotive Holdings said it agreed to sell its linkage and suspension business to Tokyo conglomerate THK for $400 million.... Read More »

EVs need more fed support, study finds

11:32 am U.S. ET | April 22, 2015

A study commissioned by Congress says the federal government must to do more to support the market for electric and plug-in hybrid vehicles.... Read More »

Automotive News
Special Video Report
Smart use of phones, sales teams lift Wash. stores

Smart use of phones, sales teams lift Wash. stores

Sales employees at Ford and Hyundai of Kirkland have tapped smartphones to show how customers are “buying a relationship” with the group. Mon., May 4
» Watch the Video
     
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