Daily Email Thursday

Key Safety ramps up airbag inflator production

4:10 pm U.S. ET | May 28, 2015

Automotive safety components supplier Key Safety Systems said today it will ramp up production of airbag inflators beginning in December.... Read More »

Honda expands airbag recall in Japan

4:32 am U.S. ET | May 28, 2015

The global Takata airbag recall widened again today with Honda calling back another quarter million vehicles in Japan equipped with possibly defective airbag inflators.... Read More »

May U.S. sales rate forecast to rise to 17.3M

11:08 am U.S. ET | May 28, 2015

May is expected to produce the U.S. auto industry's best sales pace since last summer. Forecasts call for a seasonally adjusted, annualized selling rate of about 17.3 million, the highest level since August 2014 and second-highest for any month since January 2006.... Read More »

J.D. Power to buy NADA Used Car Guide

1:00 pm U.S. ET | May 28, 2015

The National Automobile Dealers Association has agreed to sell an 82-year-old institution, its Used Car Guide business, to J.D. Power. The deal is expected to yield shared cost savings and lead to more comprehensive data and new products.... Read More »

FCA, Ford, Honda expand Takata airbag recalls

2:17 pm U.S. ET | May 28, 2015

Following Takata's admission last week that its defective airbags were in millions of U.S. vehicles, Fiat Chrysler will add more than 1.8 million vehicles vehicles to its Takata recalls while Ford will add more than 950,000 to its campaigns.... Read More »

Ford to make EV technology patents available to rivals

12:01 am U.S. ET | May 28, 2015

Ford is following Tesla Motors in opening up hundreds of patents on electric-car technology to competitors in a move aimed at accelerating development of electrified vehicles.... Read More »

TrueCar faces shareholder suit

3:13 pm U.S. ET | May 28, 2015

TrueCar's legal woes mounted Wednesday as the online car-buying service was hit with a shareholder lawsuit alleging that it misled its investors about how it does business.... Read More »

Ford plots dual course as driverless future nears

2:30 pm U.S. ET | May 28, 2015

Selling cars and trucks won't be enough to keep Ford rolling for a second century, so the company is operating on parallel paths to prepare for self-driving cars and shared vehicles, according to Executive Chairman Bill Ford.... Read More »

Sponsors Hyundai-Kia closely watching FIFA scandal

1:57 pm U.S. ET | May 28, 2015

In the wake of a U.S. federal investigation of several officials and executives with soccer governing board FIFA, major corporate sponsor Hyundai Motor and affiliate Kia Motors are keeping a close eye on the matter.... Read More »

Volvo inks plant deal with S.C.

12:00 pm U.S. ET | May 28, 2015

Volvo Cars of North America signed an agreement today with the state of South Carolina, where it will build its first U.S. factory.... Read More »

DAVE GUILFORD

BLOG: Sergio's merger talk could mean more heartburn for FCA workers

1:29 pm U.S. ET | May 28, 2015

Reaction to Sergio Marchionne's campaign to spur mergers has focused on other automakers, who seem notably unenthused, at least in public. But I wonder about the reaction in Marchionne's own house, Fiat Chrysler.... Read More »

GM to invest $175M in Michigan plant to gear up for 2016 Camaro

9:30 am U.S. ET | May 28, 2015

General Motors said today that it will invest $175 million in new tooling and equipment to bring production of the Chevrolet Camaro to its assembly plant in Lansing, Mich.... Read More »

GM ignition-switch suits put on ice by U.S. judge, for now

6:22 am U.S. ET | May 28, 2015

A federal bankruptcy judge on Wednesday put on hold dozens of lawsuits accusing General Motors of concealing an ignition-switch defect while the plaintiffs in those cases appeal an earlier ruling that found their cases were barred.... Read More »

Marchionne sees industry merger by 2018

7:10 am U.S. ET | May 28, 2015

FCA CEO Sergio Marchionne is convinced a merger in the auto industry will happen before 2018, he said during a visit to the carmaker's Melfi plant in southern Italy.... Read More »

Fiat Chrysler reducing powertrain warranties to 60,000 miles for 2016 models

5:00 pm U.S. ET | May 27, 2015

Fiat Chrysler Automobiles is reducing its powertrain warranty for the 2016 model year to five years or 60,000 miles from five years or 100,000 miles. The move follows a similar change in March by General Motors.... Read More »

VIDEO: Nissan's Munoz on dealers: 'You grow or you go'

12:01 am U.S. ET | May 25, 2015

Nissan N.A. boss Jose Munoz continues to push U.S. dealers for a big jump in market share while deflecting complaints that his stair-step sales targets are too hard to achieve.... Read More »

GM to invest $439 million in paint shop expansion at Corvette plant

6:34 am U.S. ET | May 21, 2015

General Motors plans to invest $439 million in its Chevrolet Corvette plant in Kentucky as part of the automaker's plan to spend $5.4 billion on U.S. factory upgrades.... Read More »

GM to stay under strict U.S. oversight

4:07 pm U.S. ET | May 21, 2015

Federal safety regulators have extended for at least a year a consent order that subjects General Motors to close scrutiny on safety matters, a condition placed on GM in the wake of last year's ignition switch recall.... Read More »

THE AIRBAG RECALL CRISIS

NHTSA prepares to coordinate, accelerate Takata recall

11:54 am U.S. ET | May 21, 2015

Federal auto safety regulators are invoking a power never used before in order to accelerate the Takata airbag inflator recalls after the embattled supplier acknowledged on Tuesday that parts contained in nearly 34 million U.S. vehicles were defective.... Read More »

Ford trims China output as market slows, pricing pressure builds

2:22 pm U.S. ET | May 21, 2015

Ford, which is in the midst of a plant-opening blitz in China, reduced production there slightly in the first quarter in response to a market slowdown and price cuts by rivals, the head of Ford's Asia Pacific region said today.... Read More »

U.S. Attorney's office in Detroit added to Takata criminal case

10:50 am U.S. ET | May 21, 2015

US prosecutors in Detroit have joined the federal probe into Takata's defective airbag inflators that are linked to at least six deaths globally.... Read More »

Autobytel acquires rival Dealix for $25 million

4:00 pm U.S. ET | May 21, 2015

Autobytel, one of the largest providers of sales leads to auto dealers, has purchased longtime rival Dealix for $25 million in cash. The deal brings together two of the most-prominent providers of leads, which are vehicle-buying prospects who want to be contacted by a dealer. They typically cost dealers $20 a piece.... Read More »

U.S. indicts 2 execs from NGK for price-fixing

1:39 pm U.S. ET | May 21, 2015

One current and one former executive with Japanese supplier NGK Spark Plug were indicted today on a charge of conspiring to fix prices of spark plugs, standard oxygen sensors and air fuel ratio sensors sold in the United States, the Justice Department said today.... Read More »

PHILIP NUSSEL

BLOG: Fixing Takata fiasco must become top priority

2:30 pm U.S. ET | May 21, 2015

The Takata airbag crisis continues to mushroom into the largest safety recall disaster in auto industry history. That's no small feat just a year after the General Motors ignition switch scandal. This is the auto industry at its absolute worst -- both in Japan and in the U.S.... Read More »

Mazda's new mantra: 'Driving Matters'

3:00 am U.S. ET | May 21, 2015

Mazda is hoping to refine its fun-to-drive message by launching its biggest U.S. marketing campaign in two years under a new tagline: "Driving Matters."... Read More »

Automotive News
Special Video Report
Nissan's Munoz on dealers: 'You grow or you go'

Nissan's Munoz on dealers: 'You grow or you go'

Nissan N.A. boss Jose Munoz continues to push U.S. dealers for a big jump in market share while deflecting complaints that his stair-step sales targets are too hard to achieve.
» Watch the Video
     
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