Daily Email Thursday

Harman posts strong quarterly gains from auto business

11:13 am U.S. ET | Jan. 28, 2016

Harman International Industries, which supplies audio and telematics systems to the auto industry, reported a better-than-expected quarterly profit, helped by strong demand from automakers.... Read More »

Lear reports record results for Q4, 2015 following acquisitions

10:52 am U.S. ET | Jan. 28, 2016

Seating and electronics supplier Lear said today it posted record core earnings in the fourth quarter as it continued to build on business generated from recent acquisitions.... Read More »

Johnson Controls posts lower quarterly earnings, revenue on auto weakness

10:18 am U.S. ET | Jan. 28, 2016

Johnson Controls reported lower quarterly earnings and revenue largely because of reduced sales in its automotive seating and interiors business. Net income dropped to $490 million, down 5 percent from a year earlier, the company said in a statement today.... Read More »

LARRY P. VELLEQUETTE

BLOG: Wait a minute. What? Jeep Wagoneer? Where did that come from?

6:17 pm U.S. ET | Jan. 27, 2016

Here's a question for you to ponder: What's a Jeep Wagoneer?... Read More »

GM ignition switch accords challenged over alleged lawyer conflict

8:49 pm U.S. ET | Jan. 27, 2016

A settlement fund for the benefit of more than 1,000 GM customers who sued over faulty ignition switches should be re-examined by a judge because the lawyer who negotiated it had a conflict of interest, another plaintiff attorney involved in the cases alleged.... Read More »

Honda will lease hydrogen fuel cell Clarity for $500 a month in California

10:31 am U.S. ET | Jan. 21, 2016

American Honda said today it will begin leasing the Clarity hydrogen fuel cell sedan for under $500 per month later this year in select California markets. The retail price will be about $60,000.... Read More »

GUEST BLOG

BLOG: ZF executive 'remarkably comfortable' in one-on-one chat with Obama

3:21 pm U.S. ET | Jan. 21, 2016

The most commonly asked question I've received in the past 24 hours is: “Were you nervous?” But I can honestly tell you that my 10-minute one-on-one conversation with the president was remarkably comfortable.... Read More »

GM allowed to tell ignition-switch jury about plaintiff's 'lies'

3:53 pm U.S. ET | Jan. 21, 2016

GM got a boost in the first trial over a deadly ignition-switch defect as a judge slammed plaintiffs' lawyers for failing to vet their client, an Oklahoma mail carrier accused by the carmaker of lying to the court. Judge Jesse Furman said GM could show a jury evidence which he said would probably be “devastating” to the plaintiff.... Read More »

U.S. suppliers urged to prepare for 'plateau' after record year

1:24 pm U.S. ET | Jan. 21, 2016

U.S. car and truck buyers drove up sales to an unprecedented 17.4 million units in 2015, beating the previous record set in 2000 and maintaining a pace of growth that has many wondering how long it can continue.... Read More »

N.Y. attorney general sues more dealerships over credit repair

3:05 pm U.S. ET | Jan. 21, 2016

The New York attorney general has sued four dealerships and settled with three others over the illegal sale of credit repair and identity theft protection, the attorney general's office said Wednesday.... Read More »

Ford to boost F-150 fuel economy with stop-start technology

1:59 pm U.S. ET | Jan. 21, 2016

Ford is planning to put automatic stop-start technology on hundreds of thousands of F-150 pickups, including the high-performance Raptor version, to help drivers get better fuel economy.... Read More »

U.S. recalls hit another record in 2015, NHTSA chief Rosekind says

2:00 pm U.S. ET | Jan. 21, 2016

More than 51 million vehicles were recalled in 2015 in nearly 900 campaigns, another record, NHTSA chief Mark Rosekind said today during a speech at the Washington auto show.... Read More »

Honda updates, improves composite bed in new Ridgeline

7:06 am U.S. ET | Jan. 21, 2016

In updating its Ridgeline midsize pickup, Honda aimed to create the ultimate tailgating tool. A new type of in-bed audio system forgoes conventional speakers, which could be easily damaged in a cargo area.... Read More »

GM bundles, expands ride-sharing efforts under new Maven brand

12:01 am U.S. ET | Jan. 21, 2016

GM is consolidating and expanding its car-sharing programs under a new brand, Maven, in its latest push to adapt to new business models that could threaten to undercut the way automakers have made money for decades.... Read More »

JAPAN'S LUXURY PLAN

Lexus, Acura and Infiniti search for halos in assault on Germans

12:01 am U.S. ET | Jan. 18, 2016

There's a new luxury plan from Japan, and its message is emotion and power. Even as customers flock to their crossovers, the Japanese luxury brands are combating their traditional weakness in passenger cars. Lexus, Acura and Infiniti rolled out new cars at the Detroit auto show to redefine their brands.... Read More »

GM weighs new diesel for Cruze hatchback

12:01 am U.S. ET | Jan. 18, 2016

General Motors is considering offering a diesel version of the five-door Chevrolet Cruze hatchback introduced last week at the Detroit auto show. "It's under consideration," said Dan Nicholson, GM's global powertrain chief.... Read More »

China pushes down Rolls sales

12:01 am U.S. ET | Jan. 18, 2016

Rolls-Royce global sales fell last year because of a 54 percent decline in China -- despite a 6 percent increase in North America. Worldwide, Roll-Royce sales declined to 3,785 cars from a record 4,063 in 2014.... Read More »

Zetsche: '17 E class will pass ES

12:01 am U.S. ET | Jan. 18, 2016

Daimler Chairman Dieter Zetsche said he is “very confident” the redesigned Mercedes-Benz E class will reclaim the No. 1 spot in the U.S. midsize luxury sedan segment from the Lexus ES. Mercedes believes much of the car's appeal will lie in its vast array of technologies.... Read More »

WES RAYNAL

BLOG: Seeing double in Detroit

3:15 pm U.S. ET | Jan. 14, 2016

The 2016 edition of the Detroit auto show is packed with the usual introductions, concepts and good gossip. This year, more than in previous years, though, we can't help but notice some of the cars and trucks are all starting to run together.... Read More »

Overland Cherokee promises more luxury for Jeep's best seller

1:30 pm U.S. ET | Jan. 14, 2016

Jeep will expand the Cherokee range this spring with an Overland trim level that includes a more luxurious interior and nearly all of the off-road capabilities of its top-end Trail Hawk model.... Read More »

U.S. seeks to clear autonomous-car hurdles

1:30 pm U.S. ET | Jan. 14, 2016

U.S. highway safety officials plan to take several steps this year to clear the way for autonomous vehicles -- including those designed to operate without a driver -- to hit the streets in large numbers.... Read More »

Ghosts of Rodney Dangerfield: The Lexus LC 500 and what people think

2:07 pm U.S. ET | Jan. 14, 2016

Lexus hopes to pump some high-powered adrenaline and glamour into its lineup with the LC 500. The sport coupe, with four seats, is expected to be priced at around $100,000. What journalists, analysts and others have to say about the LC 500, which was introduced at the Detroit auto show... Read More »

Ford plans new plant in Mexico's San Luis Potosi, report says

1:42 pm U.S. ET | Jan. 14, 2016

Ford is planning to announce a new auto plant in the Mexican state of San Luis Potosi during the first quarter, two government officials familiar with company plans told Reuters today.... Read More »

GM and Ford will be tested by slowing global auto demand

5:41 am U.S. ET | Jan. 14, 2016

A looming slowdown in global auto demand will test General Motors and Ford as they try to funnel more cash to shareholders while still investing adequately in new vehicles and technology.... Read More »

Japan automakers hitch pickups to U.S. growth as gas prices slide

6:01 am U.S. ET | Jan. 14, 2016

Japanese automakers are taking on the Detroit 3 and scrambling to expand their share of pickup truck sales in the United States, as record low gasoline prices curb demand for their once best-selling small and medium-sized sedans.... Read More »

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