Daily Email Thursday

Ford launches '15 Mustang output in Michigan

12:01 am U.S. ET | Aug. 28, 2014
Ford today officially launched production of the redesigned Mustang at its Flat Rock Assembly Plant in Flat Rock, Mich. With the 2015 model, Ford is making the Mustang to suit global tastes for the first time. That will include a first-ever right-hand-drive version.... Read More »

 

Automakers still dogged by Bluetooth glitches, Power study finds

4:03 pm U.S. ET | Aug. 28, 2014
Bluetooth technology aims to leave drivers hands-free, but some drivers end up connection-free, according to a study of multimedia quality and satisfaction released today.... Read More »

 

Toyota targets shoppers with location-based mobile ad tool

4:08 pm U.S. ET | Aug. 28, 2014
Toyota is using a location-based mobile ad tool to supercharge its annual clearance sale. The tool, Opera Mediaworks' Dynamic Sales Event platform, enables Toyota to target shoppers who are intent on making a purchase with banner ads on Web pages and apps that display the annual percentage rate for loans at dealerships in their regions.... Read More »

 

Global price-fixing crackdown threatens supply chain's 'business model'

3:58 pm U.S. ET | Aug. 28, 2014
As antitrust regulators, most recently in China, go after auto suppliers in what has become a worldwide probe into price fixing, a longtime "business model" in the supply chain is now in danger, says an automotive purchasing executive. That model essentially sees parts makers collude to keep prices relatively high for new components they supply to car manufacturers, and then charge even more for the same parts supplied as replacements to dealerships and repair shops.... Read More »

 

Transmission parts supplier to invest $42 million in Mich. plant

3:21 pm U.S. ET | Aug. 28, 2014
Transform Automotive is expanding in Michigan after landing a new contract to build transmissions parts. The machined, metal-stamped and laser-welded parts supplier plans to invest nearly $42 million to lease and build out a new manufacturing plant in Shelby Township, Mich., a suburb east of Detroit.... Read More »

 

GM plans to move some Chevy Equinox assembly to Mexico, report says

6:30 am U.S. ET | Aug. 28, 2014
General Motors and the UAW on Wednesday trumpeted the news that production of the Cadillac SRX would be shifted from Mexico to Tennessee, but Reuters has learned that GM also plans to move some other assembly work in the opposite direction.... Read More »

 

Lear agrees to buy leather supplier Eagle Ottawa in $850 million deal

4:54 pm U.S. ET | Aug. 27, 2014
Lear agreed to buy automotive leather supplier Eagle Ottawa in a deal valued at $850 million that aims to strengthen the company's global seating business.... Read More »

 

JIM HENRY

Is CFPB guilty of spin?

12:01 am U.S. ET | Aug. 27, 2014
Remarks delivered by Consumer Financial Protection Bureau Director Richard Cordray and language used in a bureau statement last week were a lot harsher than the dry legalese of the consent order signed this month by the CFPB and First Investors Financial Services Group.... Read More »

 

BEST PRACTICES

Rick Case career talks move workers up

12:01 am U.S. ET | Aug. 25, 2014
Rick Case dealer group interviews every single employee to find out what kind of job each employee ultimately wants. The idea is to retain employees who might otherwise leave looking for new challenges or a better fit.... Read More »

 

Chicago charts a course in autonomous vehicles

12:01 am U.S. ET | Aug. 25, 2014
Companies that draw on Chicago's historic strengths in electronics design and manufacturing, wireless communications and mapping, are well-positioned for a key role in the development of the connected car.... Read More »

 

Continental's high-tech strategy shift

12:01 am U.S. ET | Aug. 25, 2014
Continental's pick-up of Google executive underscores how the supplier sees specialized software and services as increasingly crucial to its future.... Read More »

 

Manheim enters high-tech lane

12:01 am U.S. ET | Aug. 25, 2014
Manheim, the nation's largest auto-auction company, is spending $100 million over three years to give every aspect of its operations a high-tech makeover.... Read More »

 

Honda to modify 12,000 redesigned Fits sold in U.S. to enhance crashworthiness

10:00 am U.S. ET | Aug. 21, 2014
Honda plans to modify 12,000 redesigned 2015 Fit models in customer hands in the United States following a mid-model-year engineering change that improved the subcompact's showing in a key industry crash test.... Read More »

 

New 2015 Lincoln MKC ads star Matthew McConaughey

8:00 am U.S. ET | Aug. 21, 2014
Lincoln has signed a multiyear endorsement contract with Oscar-winning actor Matthew McConaughey that will begin in September with a series of spots promoting the 2015 MKC compact luxury crossover.... Read More »

 

2015 Chevy Silverado to offer more pizzazz on high-volume models

9:00 am U.S. ET | Aug. 21, 2014
Chevrolet will offer a bold new trim package on light-duty Silverado pickups for the 2015 model year, adding some pizzazz to its highest-volume models.... Read More »

 

Leaked stickers suggest a thirstier 2015 Ford Mustang as weight creeps up

1:45 pm U.S. ET | Aug. 21, 2014
Adding independent rear suspension, numerous electronic safety features and other items raised the weight and lowered the fuel economy of several models of the rebuilt 2015 Ford Mustang, according to window stickers leaked on the Internet today.... Read More »

 

Ford tells U.S. dealers to stop selling some C-Max, Focus models

11:05 am U.S. ET | Aug. 21, 2014
Ford told its dealers in the United States to stop test-driving and selling C-Max and Focus models produced during a week this month because of potential problems with the steering gear assembly, a notice sent to dealers on Wednesday shows.... Read More »

 

RICHARD TRUETT

Is Ford rolling the dice with changes to 2015 Mustang?

2:26 pm U.S. ET | Aug. 21, 2014
The new Mustang is bigger, heavier, thirstier and more expensive than the outgoing '14 model. It's a recipe for killing a sports car.... Read More »

 

Cadillac considers moving some staff functions to Manhattan

1:39 pm U.S. ET | Aug. 21, 2014
Cadillac is considering adding or shifting some staff functions from Detroit to Manhattan, GM said today, as part of an effort to remake the brand's image and broaden its appeal outside North America under new boss Johan de Nysschen.... Read More »

 

Novelis: Aluminum sales to automakers will nearly triple on new emissions, mpg rules

8:49 am U.S. ET | Aug. 21, 2014
Novelis, the world's biggest supplier of aluminum sheeting to carmakers, expects sales to customers including Audi and Ford to rise almost three-fold as new emissions rules restrict the use of steel.... Read More »

 

Kia brings back hamsters for Soul EV ad campaign

12:49 pm U.S. ET | Aug. 21, 2014
Kia rolled out the new “fully charged” ad campaign for the Soul EV today, featuring Adam Levine's falsetto on the new Maroon 5 track “Animals” and, of course, the Kia hamsters.... Read More »

 

Penske Media acquires Fairchild trade magazines from Conde Nast

7:40 am U.S. ET | Aug. 21, 2014
Penske Media, the Los Angeles-based publishing company founded by automotive heir Jay Penske, is acquiring Fairchild Fashion Media's trade magazines from Conde Nast Publications.... Read More »

 

Toyota to cut prices of Lexus parts in China amid antitrust concerns

7:09 am U.S. ET | Aug. 21, 2014
Toyota said today it would cut prices of parts for its luxury Lexus models in China, following similar moves by its German rivals, in response to heightened regulatory scrutiny over antitrust issues.... Read More »

 

Denso fined $2.2 million in Canada for violation of competition law

6:47 am U.S. ET | Aug. 21, 2014
Japanese supplier Denso said today it has been fined more than $2 million by a court in Canada for violation of that country's competition law in connection with sales of certain body electronic control units for motor vehicles.... Read More »

 

Ford plans new hybrid series to compete with Toyota Prius, report says

6:11 pm U.S. ET | Aug. 20, 2014
Ford plans to introduce a new hybrid gasoline-electric car in late 2018 to compete against the best-selling Toyota Prius, Reuters reported, citing two sources with knowledge of the company's plans. The compact car will be Ford's first "dedicated" hybrid -- that is a vehicle designed to be marketed exclusively as a hybrid, rather than a variation of an existing gasoline model, such as the automaker's Fusion hybrid.... Read More »

 

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