Daily Email Wednesday

California dealer group sues TrueCar, claims website acts as dealer

2:21 pm U.S. ET | May 20, 2015

The California New Car Dealers Association is suing TrueCar, accusing the vehicle-shopping site of breaking California laws on dealer licensing, brokering, advertising and disclosure.... Read More »

Timeline of Takata airbag recalls

7:05 am U.S. ET | May 20, 2015

Following are some key events in the cumulative global recall by more than 10 automakers since 2008 of more than 31 million cars fitted with potentially defective airbags made by Takata.... Read More »

HANNAH LUTZ

BLOG: Uber, credit-challenged drivers walk the subprime tightrope

12:00 pm U.S. ET | May 20, 2015

Uber offers its credit-challenged drivers a finance program to help them buy their vehicles. But the program can put some drivers in trouble, according to a Marketplace.org report. Some auto industry experts fear that too many subprime loans could help trigger another financial crisis.... Read More »

Autoliv ready to pump up capacity to meet Takata replacement inflator demand

6:30 am U.S. ET | May 20, 2015

Swedish auto safety gear maker Autoliv said today that it is ready to boost production capacity to meet increased demand as Japanese competitor Takata acknowledged its airbag inflators in nearly 34 million vehicles are defective.... Read More »

Takata recall poses dilemma for U.S. backing untested fix

6:48 am U.S. ET | May 20, 2015

Takata's latest recall leaves U.S. regulators with a dilemma: swap defective airbags with parts that may be no safer than the original ones, or shoulder automakers with replacing 34 million vehicles.... Read More »

Takata changed design of its airbags in 2008, report says

6:32 am U.S. ET | May 20, 2015

Troubled airbag supplier Takata began changing the safety devices in 2008 to reduce the risk that humidity would cause them to deploy abnormally, three people familiar with the matter told Bloomberg.... Read More »

More replacement airbag production planned, Takata says

1:25 pm U.S. ET | May 20, 2015

Takata said it plans to boost production of parts needed to replace potentially deadly airbag inflators that could spray vehicle occupants with metal shards.... Read More »

Updated Pilot to become Honda's priciest U.S. vehicle

5:00 am U.S. ET | May 20, 2015

When the third-generation Pilot crossover goes on sale in June, its fully loaded Elite trim level will carry a sticker price of $47,300, including shipping.... Read More »

THE AIRBAG RECALL CRISIS

Takata says 265 airbag inflators ruptured during testing

1:49 pm U.S. ET | May 20, 2015

Embattled airbag supplier Takata told U.S. regulators that 265 of its airbag inflators ruptured in the company's testing since September. The ruptures occurred in ballistic tests of more than 30,000 airbag inflators Takata retrieved from recalled vehicles.... Read More »

DAVID BARKHOLZ

BLOG: How auto dealerships can 'starve' a union drive

4:12 pm U.S. ET | May 20, 2015

A tried-and-true method of getting union-sympathizing mechanics to quit is assign them electrical fixes and other tough jobs that end up taking longer than their allotted time.... Read More »

Some Jeep Renegades being held for software issues

10:18 pm U.S. ET | May 19, 2015

Fiat Chrysler CEO Sergio Marchionne said some new Jeep Renegade subcompact crossovers are being withheld from dealers because of software problems.... Read More »

Toyota, Mazda form partnership to share technologies, confront cost challenges

6:39 am U.S. ET | May 13, 2015

Toyota and Mazda have agreed to form a “long-term partnership” that deepens collaboration on products, manufacturing and technologies as carmakers race to spread spiraling development costs amid ever-stricter emissions standards.... Read More »

GM to unveil plans for Tech Center's future

11:37 am U.S. ET | May 13, 2015

General Motors said it will unveil plans for the future of its Technical Center in suburban Detroit on Thursday.... Read More »

FCA cancels summer shutdown at several plants

2:57 pm U.S. ET | May 13, 2015

Several key Fiat Chrysler Automobiles plants will continue to operate all summer instead of shutting down for the customary two weeks for model and tooling changeovers.... Read More »

CHRISTIAAN HETZNER

BLOG: Piech casts shadow over Porsche's annual meeting

9:43 am U.S. ET | May 13, 2015

Ferdinand Piech upstaged his cousin Wolfgang Porsche and former protege Martin Winterkorn by missing the annual meeting of the family holding company that holds a majority stake in Volkswagen, proving once again that the threat of a Piech-style revenge still casts a shadow over the two companies.... Read More »

NEWS ANALYSIS

Cadillac exec laments ELR pricing

1:39 pm U.S. ET | May 13, 2015

Some US dealerships are hawking the Cadillac ELR for just under $50,000 -- a whopping 35 percent discount from its sticker price -- and sales are lagging. Says Cadillac marketing chief Uwe Ellinghaus: "One thing is fair to say: We've had a great learning exercise with this car."... Read More »

Nissan operating profit falls 13% as strong N.A. sales offset by Japan, China weakness

5:17 am U.S. ET | May 13, 2015

Operating profit at Nissan declined 13 percent in the latest quarter, as falling sales in key markets such as Japan and China offset gains from a favorable exchange rate and robust sales in its top market, North America.... Read More »

JAMIE LaREAU

BLOG: Is the F&I product space overcrowded? Views differ

11:45 am U.S. ET | May 13, 2015

Competition in the F&I product space is heating up. One product provider is moving the bulk of its business to consulting. Others argue there is still a lot of F&I product business to go around, even in light of increased consolidation.... Read More »

Canada shrugs aside worries over long loans

11:00 am U.S. ET | May 13, 2015

U.S. auto industry watchers worry that long loan terms could lead to a financial crisis. But in Canada, industry experts have become accustomed to long loan periods.... Read More »

Auto marketers focus on diversity, sports

10:40 am U.S. ET | May 13, 2015

What’s on the minds of some of the top marketing gurus in the automotive industry? Sports and diversity. That’s according to a quartet of executives who took to the stage Tuesday afternoon here at the Westin Bonaventure hotel as part of Automotive News’ annual L.A. Marketing Seminar.... Read More »

F&I TIP

Employee pricing on F&I can prove invaluable

10:27 am U.S. ET | May 13, 2015

Dealerships should offer employees special pricing on F&I products, says Richard Wentz, F&I manager at Shields Automart (Buick-Cadillac-Chevrolet-GMC) in Paxton, Ill. “From the receptionist to the technicians, having each of them ready to pipe up that they’ve used the VSC [vehicle service contract] or tire-and-wheel is so beneficial to the entire organization,” he says.... Read More »

Rolls-Royce has new Dawn on the horizon

5:01 pm U.S. ET | May 12, 2015

Rolls-Royce Motor Cars will call its new convertible Dawn. The car will go on sale in the first quarter of 2016. The open-top car shares a platform with the Wraith coupe.... Read More »

Visteon sued by township over bond payments

4:29 pm U.S. ET | May 12, 2015

Supplier Visteon has been sued by the township where it is based in a dispute over payments on bonds used originally to finance construction of Visteon's headquarters complex.... Read More »

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 »

Daimler to test self-driving trucks in Nev.

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 »

Automotive News
Special Video Report
Nissan's Munoz: 'You Grow or You Go'

Nissan's Munoz: 'You Grow or You Go'

Nissan North America Chairman Jose Munoz has a tough goal to meet: Raise the combined U.S. market share of the Nissan and Infiniti brands from 8.4 percent last year to 10 percent by March of 2017.
» Watch the Video
     
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