Daily Email Thursday

Acura tops among mobile web sites for shopping, Power says

3:58 pm U.S. ET | Oct. 9, 2014
Acura has taken the lead in best mobile Web experience for consumers researching and shopping for a new vehicle, moving up from the runner-up slot in 2013, according to a J.D. Power and Associates study released today.... Read More »

 

Federal-Mogul opens $15 million piston ring plant in Mexico

3:34 pm U.S. ET | Oct. 9, 2014
Federal-Mogul Holdings Corp. today opened a new piston ring manufacturing plant in Puebla, Mexico.... Read More »

 

How the energy boom has come to dealers

9:53 am U.S. ET | Oct. 9, 2014
Reporter Larry Vellequette talks about his upcoming feature in the Oct. 13 issue of Automotive News on how dealers deal with the surging sales – and challenges – in suddenly prosperous natural gas “fracking” areas.... Read More »

 

Toyota remains most valuable automotive brand

2:02 pm U.S. ET | Oct. 9, 2014
Toyota was named the best automotive brand worldwide for the 11th straight year, followed closely by Mercedes-Benz and BMW, in Interbrand's ranking of the 100 most valuable brands.... Read More »

 

BMW-backed researchers close in on cheaper carbon fiber

11:04 am U.S. ET | Oct. 9, 2014
Large-scale manufacturing of cars made with lightweight carbon fiber is moving closer to reality as costs start to fall, according to a materials-development group that has BMW as a partner.... Read More »

 

Marchionne rebuilds Fiat-Chrysler at 200 mph to woo Wall Street

4:30 am U.S. ET | Oct. 9, 2014
As CEO Sergio Marchionne prepares to help ring the closing bell at the New York Stock Exchange on Monday to mark the debut of Fiat Chrysler shares, he is racing to create a lineup of cars that will lure buyers into showrooms worldwide. The transatlantic marriage of two struggling regional automakers will be the capstone of his career. So how quickly Marchionne gets the new company on its feet during these last laps may well determine his legacy.... Read More »

 

Mercedes sales top Audi in Sept. as global competition intensifies

7:15 am U.S. ET | Oct. 9, 2014
Audi sold fewer cars globally than rival Mercedes-Benz for the first time this year in the latest sign that the sales rivalry among Germany's top luxury automakers is intensifying.... Read More »

 

Fiat Chrysler could sell $830 million in shares after U.S. listing, report says

7:33 am U.S. ET | Oct. 9, 2014
Fiat Chrysler Automobiles could sell up to $830 million worth of shares to boost its finances and increase trading in the stock after it begins trading on Wall Street next week, Reuters reported. CEO Sergio Marchionne has said he could "get the machine rolling" by selling to U.S. investors the shares Fiat owns in itself, or so-called treasury stock.... Read More »

 

Mercedes-Benz rewarded with EPA credits for adopting start-stop

8:01 pm U.S. ET | Oct. 8, 2014
Mercedes-Benz will get extra credit on U.S. fuel economy standards for putting start-stop systems in its luxury cars -- but not as much as the automaker had hoped.... Read More »

 

Dealers to get Titan diesel training

12:01 am U.S. ET | Oct. 6, 2014
Nissan executives have promised that next year's redesigned Titan pickup, with an optional 5.0-liter V-8 diesel, will be a bold new product for the brand.... Read More »

 

Bentley crossover is coming to U.S., along with store upgrades

12:01 am U.S. ET | Oct. 6, 2014
Bentley expects its U.S. dealers to comply with a new corporate identity standard that is being rolled out for dealerships globally by the time they receive a new, as-yet-unnamed crossover.... Read More »

 

Jeep ponders switch to aluminum for next Wrangler body, Marchionne says

11:21 am U.S. ET | Oct. 2, 2014
The next-generation Jeep Wrangler may be built off a unibody platform, feature smaller and turbocharged engines, and switch to an aluminum body, Fiat Chrysler Automobiles CEO Sergio Marchionne said today. Such significant changes to the hot-selling SUV would likely mean leaving its longtime, historic production site in Toledo, Ohio, Marchionne added.... Read More »

 

GABE NELSON

Musk's mysterious 'D' is probably an awd Model S

2:53 pm U.S. ET | Oct. 2, 2014
With his 1 million-plus Twitter followers and his celebrity status, Tesla Motors CEO Elon Musk has a tendency to act like a one-man marketing department.... Read More »

 

Hyundai Motor workers approve 2014 wage pact, end strikes

7:08 am U.S. ET | Oct. 2, 2014
Hyundai Motor's union workers in South Korea agreed to end strikes that may have cost the company more than 900 billion won ($847 million) in lost output after they accepted the carmaker’s proposal to increase wages.... Read More »

 

Lincoln MKS, BMW 5 struggle in small-overlap crash test

4:02 pm U.S. ET | Oct. 2, 2014
Luxury sedans from BMW and Lincoln were the worst performers in the most recent batch of vehicles subjected to the Insurance Institute for Highway Safety's challenging small-overlap crash test.... Read More »

 

Buffett to buy Van Tuyl Group, create Berkshire Hathaway Automotive

8:40 am U.S. ET | Oct. 2, 2014
Warren Buffett's Berkshire Hathaway agreed to buy Van Tuyl Group, the largest privately owned auto dealership group in the United States. The business, with 75 dealerships at the end of last year, will be renamed Berkshire Hathaway Automotive.... Read More »

 

UAW, German labor groups to announce Daimler drive in Alabama, reports say

3:57 pm U.S. ET | Oct. 2, 2014
The UAW and two German labor groups will announce on Friday that they intend to work together to organize Daimler AG's Mercedes-Benz plant workers in Alabama, sources close to one of the German labor groups said today.... Read More »

 

Ford sees Europe gains setting stage for profit after 2015

4:49 am U.S. ET | Oct. 2, 2014
Ford is forecasting sales growth in Europe next year as demand for new models helps narrow its loss in the region. Ford cut its global earnings forecast on Monday and said its European operations will miss a target of becoming profitable in 2015 because of a drop in Russia's car market and low interest rates in the region that are raising pension costs.... Read More »

 

Fiat Chrysler won't seek more capital to fund growth plan, Marchionne says

3:57 pm U.S. ET | Oct. 2, 2014
Fiat Chrysler Automobiles has no need for a capital increase to fund its ambitious five-year growth plan, CEO Sergio Marchionne said on Thursday. Marchionne said, however, the board of the newly-merged company would examine all capital-boosting options, including taking on more debt, a mandatory convertible bond and a possible capital increase, at the end of the month.... Read More »

 

Tesla's Musk hints at a new model and 'something else'

6:37 am U.S. ET | Oct. 2, 2014
Tesla Motors CEO Elon Musk sent out a cryptic tweet, saying it is "about time to unveil the D and something else," with an accompanying photo which mentioned a date, Oct. 9.... Read More »

 

GM to recall 117,651 vehicles for chassis-control flaw

2:18 pm U.S. ET | Oct. 2, 2014
GM is recalling 117,651 2013-14 model-year trucks, crossovers and sedans across all four of its North America brands to fix a potentially faulty chassis-control system that could fail and increase the risk of a crash. A stop-delivery notice sent to dealers on Wednesday says GM has notified federal regulators of an “upcoming safety recall” to replace “contaminated” chassis control modules.... Read More »

 

BMW to boost i3, i8 availability in U.S.

2:07 pm U.S. ET | Oct. 2, 2014
BMW plans to allocate a higher share of i electric and plug-in hybrid output for the U.S. in the coming months. The company has sold 10,000 i3 compact electric vehicles and 280 i8 plug-in hybrid supercars worldwide to date, BMW's top sales executive said today.... Read More »

 

Jackson says 2015 sales could be 'knocking on the door of 17 million'

12:31 pm U.S. ET | Oct. 2, 2014
Auto sales in the United States could hit nearly 17 million at the end of next year, AutoNation CEO Mike Jackson said today after reporting his company’s best third quarter since 2006 and a 16 percent bump in September new-vehicle sales.... Read More »

 

Loan fraud inquiry focuses on used-car dealers, report says

12:20 pm U.S. ET | Oct. 2, 2014
Federal and state authorities are investigating used-car dealerships to examine if they are inflating borrowers' income or falsifying employment information on loan applications to ensure that anyone can buy a car, the New York Times reported, citing people briefed on the matter.... Read More »

 

Opel chief Neumann vows to make good on Barra's profit promise

11:23 am U.S. ET | Oct. 2, 2014
A day after his boss assured investors of a return to profitability in Europe by 2016, Opel chief Karl-Thomas Neumann outlined the reasons he believes he can deliver.... Read More »

 

Special Report
How #1 store scores with employees

How #1 store scores with employees

Texas dealer Greg May encourages staffers to provide input and solve problems on their own. Mon., October 20
» Watch the Video
     
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