Daily Email Thursday

Fiat Chrysler workers skeptical of new UAW deal's impact on wages

10:51 am U.S. ET | Oct. 8, 2015

Workers outside the gates of a Fiat Chrysler plant in Kokomo, Ind., greeted news today of a new tentative agreement between the automaker and the UAW skeptically, giving an indication of the challenges the union may face in getting the deal ratified by members.... Read More »


Older VW diesels will need software and hardware fixes, Horn tells lawmakers

12:01 pm U.S. ET | Oct. 8, 2015

A software fix won't be enough to bring most of the 482,000 vehicles involved in its emissions violations scandal into compliance with U.S. clean air laws, Volkswagen Group of America CEO Michael Horn testified in a congressional hearing today.... Read More »

Suppliers shouldn't pay for VW diesel scandal, executive says

11:27 am U.S. ET | Oct. 8, 2015

VW should not try to make up for the costs of its emissions scandal by putting pressure on suppliers to lower their prices, the head of a German engine parts maker ElringKlinger said today.... Read More »

UAW touts 'significant gains' after securing deal with FCA at deadline

12:01 am U.S. ET | Oct. 8, 2015

The UAW and Fiat Chrysler reached another tentative agreement on a new labor contract early this morning, averting a threatened strike that could have sent some or all of FCA's 40,000 unionized workers off the job.... Read More »

GM to recall 31,685 SUVs in North America

10:30 am U.S. ET | Oct. 8, 2015

General Motors said it would recall 31,685 SUVs in North America to repair a manufacturing defect in the windshield wiper motor that may overheat.... Read More »

Why trouble for VW made in Germany means Mexico headache

10:07 am U.S. ET | Oct. 8, 2015

As Germany warns of a disaster for domestic employees of Volkswagen AG, fallout from the company's emissions-cheating scandal threatens to reach Mexico -- its largest producer of cars for the U.S.... Read More »


VW's U.S. recall could be thwarted by reluctant diesel owners

7:18 am U.S. ET | Oct. 8, 2015

As VW prepares to explain how it might fix its polluting diesel cars, whatever solution it proposes could be undermined by some owners in the U.S. who won't bring their cars in for a recall and can't be forced to.... Read More »


Mitsubishi's EV crossover concept shows off new design language

6:38 am U.S. ET | Oct. 8, 2015

Mitsubishi will roll out an all-electric compact crossover concept at the Tokyo Motor Show that showcases its new design language and automated driving ambitions.... Read More »

Toyota at Tokyo show -- sporty, green, retro and sci-fi concepts

12:30 am U.S. ET | Oct. 8, 2015

Toyota is going big at the Tokyo Motor Show this month, with an eclectic display parading everything from a snappy compact sports car and futuristic hydrogen vehicle to a whacked-out retro concept and pocket-sized humanoid robot.... Read More »

VW Credit not subject to parent company's hiring freeze in wake of scandal

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

Volkswagen Credit, the automaker’s U.S. captive finance arm, is not subject to the hiring freeze announced by its parent, Volkswagen Financial Services AG, a spokesman says.... Read More »


BLOG: Different challenges, but these 2 finance companies move forward

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

GM Financial is rising strongly. And Ally Financial is still standing despite its shattered ties to General Motors.... Read More »

VIDEO: Mazda's Wager: Self-driving cars will be ‘disastrous’ for industry

12:01 am U.S. ET | Oct. 5, 2015

Mazda’s N.A. marketing chief Russell Wager says a lot is at risk in the rush to create self-driving cars – including brands and advertising as we know it. While rivals spend heavily on autonomous driving, Mazda is working to inject a bit of sports car soul into every one of its models under the mantra “driving matters.”... Read More »

U.S. sales rise 16% on double-digit gains at Detroit 3, Nissan, Toyota, Honda

8:00 am U.S. ET | Oct. 1, 2015

U.S. light-vehicle sales, propelled by Labor Day promotions, fatter deals throughout the month, low gasoline prices and higher light-truck demand, rose 16 percent in September on double-digit gains at the Detroit 3, Toyota Motor, Nissan Group and Honda Motor. The seasonally adjusted annual sales rate surged to 18.17 million.... Read More »

CFPB says Westlake, Wilshire engaged in illegal debt collection ploys

3:18 pm U.S. ET | Oct. 1, 2015

The Consumer Financial Protection Bureau accused Westlake Financial Services and Wilshire Consumer Credit, its auto title lending subsidiary, of illegal debt collection ploys, including extending loan terms without permission and failing to disclose loans' annual percentage rates. The CFPB ordered the lenders to pay consumers $44.1 million in relief.... Read More »

GM counting on big profits from parts and accessories, GM Financial

2:24 pm U.S. ET | Oct. 1, 2015

General Motors expects to pad its bottom line in coming years from substantial growth in its captive finance arm and its parts and accessories business.... Read More »

UAW-FCA agreement fails with 65% rank-and-file rejection

12:15 pm U.S. ET | Oct. 1, 2015

The UAW will return to the bargaining table with Fiat Chrysler after its membership rejected a proposed agreement by 65 percent, according to a statement released today by the union.... Read More »

Costco Auto predicts GM promotion sales will top 52,000

3:05 pm U.S. ET | Oct. 1, 2015

Costco's auto sales arm is predicting that its members will purchase at least 52,000 new Buick, Cadillac, Chevrolet and GMC cars and trucks under a special 90-day promotion that will run Oct. 2 through Jan. 4.... Read More »

Canada posts 3.7% gain for September

2:12 pm U.S. ET | Oct. 1, 2015

Canadian light vehicle sales, led by strong demand for Detroit 3 trucks, rose 3.7 percent to 174,337 units in September, according to a monthly sales report.... Read More »

EPA says recall of VW diesel cars 'likely'

2:31 pm U.S. ET | Oct. 1, 2015

The EPA said today that a recall of affected Volkswagen diesel cars in the ongoing emissions scandal would "likely" take place.... Read More »

Scandal-plagued VW brand ekes out gain

12:45 pm U.S. ET | Oct. 1, 2015

Volkswagen of America finished a scandal-ridden month with roughly flat U.S. sales, defying forecasts that a mid-month halt to diesel vehicle sales and a black eye to its brand image would hammer its September results.... Read More »

Cox, Dealertrack chiefs hit road to explain $4 billion acquisition

1:34 pm U.S. ET | Oct. 1, 2015

Cox President Sandy Schwartz and Dealertrack CEO Mark O’Neil will be going on the road together over the next two weeks to meet with auto retailers to explain their $4 billion combination. The acquisition closed today.... Read More »

Mazda’s diesel dreams for U.S. in doubt after VW scandal

1:21 pm U.S. ET | Oct. 1, 2015

Mazda's plans to introduce a diesel car in its most important market risk falling further behind schedule after Volkswagen AG flouted U.S. rules and unleashed global regulatory scrutiny on the technology.... Read More »

Winterkorn remains in four key VW posts

12:50 pm U.S. ET | Oct. 1, 2015

Martin Winterkorn, the former boss of Volkswagen who quit last week saying he wanted to give the German carmaker a "fresh start" to tackle a scandal over rigged vehicle emissions tests, remains in four key positions involved with the group.... Read More »

Volkswagen expects emissions investigation to take months

11:36 am U.S. ET | Oct. 1, 2015

Volkswagen expects it will need at least several months to get to the bottom of the rigging of emissions tests on its diesel vehicles, which has turned into the biggest business crisis in its 78-year history.... Read More »

GM targets double-digit earnings growth in 2016

10:51 am U.S. ET | Oct. 1, 2015

General Motors moved to convince Wall Street that its recovery is gathering momentum with improving margins, strong brands, new markets for high-tech vehicles, and prospects for stronger profits in coming years.... Read More »

Automotive News Cover
Special Video Report
Mazda marketer slams autonomous cars, protects 'Zoom-Zoom'

Mazda marketer slams autonomous cars, protects 'Zoom-Zoom'

Russell Wager says he has a 'real problem' with self-driving cars because they could erase popular tag lines and even brands.
» Watch the Video
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