Daily Email Wednesday

Aleris to invest $350 million in U.S. to meet growing auto aluminum demand

10:27 am U.S. ET | Sept. 24, 2014
Aleris plans to invest $350 million to expand its rolling aluminum mill in Kentucky and start its first U.S. automotive body sheet production to meet burgeoning demand for lightweight materials in North America.... Read More »

 

Report faults Treasury on 'excessive' post-bailout pay at GM, Ally

12:13 pm U.S. ET | Sept. 24, 2014
Top executives at General Motors and Ally Financial received excessive compensation after receiving bailout funds from the U.S. Treasury in 2009, according to a Treasury special inspector general report released today.... Read More »

 

Cadillac flagship sedan to be named CT6

4:16 pm U.S. ET | Sept. 24, 2014
Cadillac will name its new, lineup-topping sedan the CT6, marking the start of a top-to-bottom overhaul of the luxury brand's nomenclature. The rear-wheel-drive sedan that is slated for a launch in late 2015 was code-named LTS during its internal development.... Read More »

 

AutoNation partners with Hennessey on performance upgrades

4:13 pm U.S. ET | Sept. 24, 2014
AutoNation, in a move to cater to the tuner crowd, began providing customers with performance upgrades at its 27 Chevrolet dealerships this month through a new partnership with aftermarket tuning house Hennessey Performance.... Read More »

 

Mazda ponders designer goods line in upscale push

11:42 am U.S. ET | Sept. 24, 2014
Does Mazda have enough brand cachet to market designer goods -- such as gadgets, apparel and furniture -- as luxury marques such as Porsche have done?... Read More »

 

NEVS lays off staff as Saab output remains idled

12:16 pm U.S. ET | Sept. 24, 2014
China's cash-strapped National Electric Vehicle Sweden said it would lay off up to 200 employees at its Saab car plant in Sweden as production is unlikely to resume anytime soon.... Read More »

 

Top Chinese official accused of taking bribes from Toyota JV

11:06 am U.S. ET | Sept. 24, 2014
A senior official with China's economic planning ministry and his son took bribes from a Guangzhou carmaker, including kickbacks for helping approve the opening of a Toyota dealership, a Chinese prosecutor said today.... Read More »

 

Cadillac’s China sales expected to grow 40% this year

6:35 am U.S. ET | Sept. 24, 2014
GM expects Cadillac sales in China to increase 40 percent this year, as it prepares to reorganize its luxury brand as a separate unit based in New York.... Read More »

 

Audi, Chevy, Lincoln plan bigger marketing outlays to support '15 launches

9:08 pm U.S. ET | Sept. 23, 2014
Several major auto brands will boost their marketing budgets next year to support busy model launch schedules, a group of executives said at the Automotive News Marketing Seminar in New York on Tuesday.... Read More »

 

GM creates product cybersecurity post

5:34 pm U.S. ET | Sept. 23, 2014
General Motors hired its first product cybersecurity chief in a move designed to address the growing challenge of providing safe, secure and reliable technology in vehicles.... Read More »

 

Audi claims first California autonomous driving permit

11:35 am U.S. ET | Sept. 17, 2014
Volkswagen's Audi unit is the first automaker to receive an autonomous driving permit in California, as new laws in the state governing the process went into effect on Tuesday.... Read More »

 

Ford seeks younger Mustang buyers with tech features

12:44 pm U.S. ET | Sept. 17, 2014
The 2015 Ford Mustang arrives in dealerships next month as Ford's most technology-laden pony car yet. The fastback model will arrive first, followed by the convertible later in the fall. Ford hopes to appeal to a new generation of Mustang buyers -- and overseas markets -- by offering technologies never seen before in Ford's pony car.... Read More »

 

LINDSAY CHAPPELL

Scrap Nissan's Leaf battery plant? Hardly

3:23 pm U.S. ET | Sept. 17, 2014
News broke this week that Nissan and Renault are debating the future of their electric-vehicle battery technology sourcing. Frankly, it would be bigger news if the two automaker partners weren't debating it.... Read More »

 

Tesla argues New Jersey regulators can't stop direct sales

2:06 pm U.S. ET | Sept. 17, 2014
Tesla Motors, in a court filing submitted Tuesday, argued that New Jersey regulators have no authority to shut down direct sales at the electric-vehicle maker's stores in the state.... Read More »

 

Guardian automotive glass units to be acquired by Japanese supplier

3:57 pm U.S. ET | Sept. 17, 2014
Japan's Central Glass Company has agreed to purchase the outstanding shares of two automotive units of Guardian Industries, a longtime Detroit area automotive glass supplier with roots dating to the 1930s.... Read More »

 

Ford and Lincoln get connected with Apple's Siri

4:23 pm U.S. ET | Sept. 17, 2014
After years of negative customer reviews of its in-car voice-recognition technology, Ford may solve some of its lingering issues by partnering with Automatic Labs. Soon, drivers will be able to ask Apple's Siri system about the weather and turn on their home thermostat from the wheel of their Ford or Lincoln, the automaker said Tuesday.... Read More »

 

IHS hikes 2014 U.S. auto sales forecast to 16.4 million

11:49 am U.S. ET | Sept. 17, 2014
U.S. auto sales, buoyed by increasing consumer confidence and cheap financing, are rising faster than expected and will reach 16.4 million this year and climb to 17.4 million in 2017, consultant IHS Automotive said today.... Read More »

 

Steelmaker says it can put pickups on a diet

6:56 am U.S. ET | Sept. 17, 2014
ArcelorMittal has a message for automakers scrambling to hit tougher fuel economy targets that come into effect in 2025: You don't have to make trucks out of aluminum to do it.... Read More »

 

THE GM RECALL

NHTSA chief, before blistering Senate panel, admits 'we need to improve'

5:39 pm U.S. ET | Sept. 16, 2014
The head of the National Highway Traffic Safety Administration today insisted that his agency lacked enough information to force a recall of faulty General Motors ignition switches before this year, but under heavy criticism from members of a Senate subcommittee he admitted that regulators could have done better.... Read More »

 

Sensor cuts self-driving car costs

12:01 am U.S. ET | Sept. 15, 2014
You can't buy one yet, but the autonomous vehicle just got a little cheaper.... Read More »

 

Q&A

Grupo Antolin's goal: 'World's largest interiors supplier'

12:01 am U.S. ET | Sept. 15, 2014
Grupo Antolin -- already global No. 1 for vehicle headliners -- wants to become the world's largest supplier of automotive interiors. To get there Grupo Antolin, which estimates it is a top 10 interiors supplier now, will have to pass giants such as Magna International, Faurecia and Johnson Controls.... Read More »

 

N.A. robot sales poised for record

12:01 am U.S. ET | Sept. 15, 2014
A bumper crop of North American vehicle launches this year has triggered what is shaping up as a record wave of robot purchases by automakers and suppliers.... Read More »

 

Edmunds pushes dealers toward Price Promise

12:01 am U.S. ET | Sept. 15, 2014
Edmunds.com, a popular car-shopping site, intends to drop dealers unwilling to join a sales program that guarantees vehicle prices to consumers, President Seth Berkowitz said last week.... Read More »

 

Visteon board considers splitting company in two, reports say

11:35 am U.S. ET | Sept. 10, 2014
Visteon is exploring a plan to split into two companies, one focused on electronics and the other on climate controls, people familiar with the matter said.... Read More »

 

Toyota scouting Mexico for assembly plant, reports say

2:50 pm U.S. ET | Sept. 10, 2014
Toyota, the last of the world's major automakers without a full assembly plant in Mexico, is scouting the country for possible factory sites, two people with direct knowledge of the matter said.... Read More »

 

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