Daily Email Thursday

VIDEO: Ford's Hinrichs on UAW talks, squeezing plants for more cars

12:01 am U.S. ET | May 11, 2015

Ford's Joe Hinrichs is committed to keeping the profitable company competitive on all fronts, including labor costs. As the automaker enters potentially contentious contract talks with the UAW, Hinrichs insists there will be 'a solution if both parties are willing to work to find it.' Meantime, Hinrichs is tapping his own manufacturing expertise to solve Ford's shortage of key SUVs and crossovers -- without adding new factories.... Read More »

UAW pushes to form works council at VW Chattanooga plant

2:46 pm U.S. ET | May 7, 2015

UAW Secretary-Treasurer Gary Casteel said today that the union is advancing its plan to become not only the works council partner at Volkswagen of America's Chattanooga assembly plant but the plant's collective-bargaining agent as well.... Read More »

NEWS ANALYSIS

Self-driving cars are a lot closer than you think

6:42 am U.S. ET | May 7, 2015

Each year, bit by bit, cars will become more fully autonomous as the industry bakes “driver-assist” technology into packages of safety options. Gadgetry that five years ago seemed like science fiction is quietly becoming commonplace in a range of models, from luxury Audis to middle-market Subarus.... Read More »

FCA US says it earned $312 million in Q1

2:50 pm U.S. ET | May 7, 2015

Fiat Chrysler Automobiles' US subsidiary, FCA US, said it posted earnings of $312 million in the first quarter before a one-time gain of $2.4 billion and other one-time charges.... Read More »

Porsche's Atlanta center opens in June

11:30 am U.S. ET | May 7, 2015

Beginning in June, potential Porsche buyers can test drive the brand's cars and crossovers at the company's new $100 million US headquarters and customer experience center in Atlanta.... Read More »

Tesla to buy Mich. stamped-parts supplier

1:09 pm U.S. ET | May 7, 2015

Tesla Motors is acquiring one of its suppliers of stamped parts, Michigan-based Riviera Tool, the automaker confirmed today.... Read More »

Linamar generates record Q1 earnings

1:55 pm U.S. ET | May 7, 2015

Canadian auto-parts maker Linamar said its first-quarter earnings and sales surged to records.... Read More »

Car salesman gets tryout with Detroit Lions

12:32 pm U.S. ET | May 7, 2015

A car salesman from a dealership in northern Michigan could be making a big career change. Trever Kruzel, 24, works at Fox Motors Negaunee in Michigan's Upper Peninsula, but he could be suiting up with the Detroit Lions if his three-day tryout with the NFL team this weekend goes well.... Read More »

Visteon posts Q1 sales bump after acquisition

10:54 am U.S. ET | May 7, 2015

Visteon today reported strong first-quarter profits and sales thanks in large part to its 2014 acquisition of Johnson Controls' global electronics business.... Read More »

Magna Q1 earnings rise 18%

11:45 am U.S. ET | May 7, 2015

Diversified Canadian supplier Magna International today reported sharply higher first-quarter earnings while revenues fell because of weaker currency values vs. the US dollar.... Read More »

MARK VAUGHN

BLOG: Longtime auto journalist, racecar driver Denise McCluggage dead at 88

10:02 am U.S. ET | May 7, 2015

Word came late Wednesday that our friend, colleague, mentor and favorite staff racecar driver Denise McCluggage had passed away. She was 88.... Read More »

Tesla losses triple ahead of Model X intro

5:45 pm U.S. ET | May 6, 2015

Tesla's first-quarter net losses more than tripled to $154 million as the automaker awaited the launch of the Model X crossover. Tesla expects to make 12,500 vehicles in the second quarter and deliver 10,000 to 11,000 to customers.... Read More »

TALES OF 2 DEALERS

VIDEO: Using service lanes to lift car sales, smartphones to build bonds

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

Two Washington dealers are clicking with consumers in new ways. Dwayne Lane's Family of Auto Centers has found an answer to a nagging question: How can we get more of our service customers to buy new cars? Meanwhile, Ford and Hyundai of Kirkland now snap photos of camera-friendly buyers during the delivery process and load those images onto social media sites as testimonials.... Read More »

FUTURE PRODUCT

Honda hopes HR-V is better late than never

5:00 am U.S. ET | April 30, 2015

Honda's all-new HR-V is showing up to the party later than expected, but that hasn't dimmed the automaker's high hopes for the subcompact crossover.... Read More »

Aston Martin secures funds to build DBX crossover

12:00 pm U.S. ET | April 30, 2015

Aston Martin Lagonda is set to receive more than $300 million for the development of its groundbreaking DBX crossover and other vehicles that fall outside its traditional sports car bent.... Read More »

REGULATION AND SAFETY

Almost half of U.S. vehicles aren't covered under existing safety regulations

7:01 am U.S. ET | April 30, 2015

Hundreds of crashes involving defective cars are going unreported each year because under federal safety rules automakers aren't required to report suspicious accidents for models more than 10 years old.... Read More »

LUCA CIFERRI

BLOG: Why Marchionne needs a powerful 'mother-in-law'

5:59 am U.S. ET | April 30, 2015

Fiat Chrysler CEO Sergio Marchionne will need a powerful, influential mother-in-law to help initiate the megamergers that he covets.... Read More »

Delphi looking for acquisition of $1 billion-$3 billion, CEO says

9:58 am U.S. ET | April 30, 2015

Delphi CEO Kevin Clark said the company could spend $1 billion to $3 billion this year on a large acquisition related to its traditional "hardware" business and will make smaller investments in software.... Read More »

GM Canada to cut about 1,000 jobs at Oshawa plant

1:50 pm U.S. ET | April 30, 2015

GM will eliminate one shift at its Oshawa, Ontario, assembly plant in November, the company said today, cutting about 1,000 jobs as it makes production changes that were announced in 2012.... Read More »

Aluminum castings supplier Sakthi plans $31.9 million expansion in Detroit

1:09 pm U.S. ET | April 30, 2015

Aluminum castings supplier Sakthi Automotive Group USA is planning a $31.9 million expansion of its plant in Detroit.... Read More »

GM to spend $5.4 billion on U.S. plant upgrades over 3 years

10:30 am U.S. ET | April 30, 2015

GM will invest $5.4 billion in upgrades to its U.S. manufacturing plants over the next three years, creating 650 new jobs. GM detailed only $783 million of the spending, including $520 million for new tooling and equipment at its Delta Township assembly plant in Lansing, Mich.... Read More »

BorgWarner Q1 net income rises 12.5% but revenue falls 4.8% on currency exchanges

11:32 am U.S. ET | April 30, 2015

BorgWarner Inc., the supplier known for its turbochargers and emission systems, said its first-quarter net income increased 12.5 percent from 2014 to $178.9 million, while its quarterly revenue sank 4.8 percent to $1.98 billion.... Read More »

GM profit rises, aided by North America

7:45 am U.S. ET | April 23, 2015

General Motors posted stout first-quarter profits from truck sales in North America, but trouble in Russia and Brazil and lingering fallout from last year's recall binge kept a lid on earnings. GM's operating income excluding onetime items -- the figure that GM says best reflects its core performance -- was $2.08 billion.... Read More »

Pricing pressure in U.S., China raises fears about future auto profits

3:20 pm U.S. ET | April 23, 2015

The strength of the US and China economies has helped companies like General Motors offset weakness in others parts of the world, but growing pricing pressure in those lucrative markets could be a warning sign for future profits.... Read More »

Ford to cut 700 jobs at Mich. plant, hitting Tier 2 workers

3:40 pm U.S. ET | April 23, 2015

Ford plans to cut 700 jobs and eliminate the third shift at its small-car assembly plant in suburban Detroit, in the company's first large-scale layoff of Tier 2 workers. The plant builds the Focus and C-Max, whose sales are down a combined 22 percent this year after falling 15 percent last year.... Read More »

Automotive News
Special Video Report
Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
» Watch the Video
     
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