Daily Email Friday

Icahn invests $100 million in Lyft as Uber rivalry grows

11:51 am U.S. ET | May 15, 2015

Lyft raised an additional $150 million, led by an investment of $100 million from Carl Icahn's investment company, raising the stakes in the car-hailing service's rivalry with Uber Technologies.... Read More »

NICK BUNKLEY

BLOG: Why Ford's Blue Oval is missing from the 2016 Explorer

3:51 pm U.S. ET | May 15, 2015

The F-150 isn't the only Ford icon that's been changed to aluminum this year. Get behind the wheel of the 2016 Ford Explorer Platinum and you'll notice that something familiar is missing: the Ford Blue Oval.... Read More »

Munoz open to new Nissan dealers of all sizes

10:51 am U.S. ET | May 15, 2015

Nissan's North American chairman Jose Munoz says he doesn't care whether his future dealers are large chains, small family owners or non-U.S. corporations -- so long as they perform.... Read More »

GM bypasses auto show circuit to unveil Camaro on Detroit's Belle Isle

6:44 am U.S. ET | May 15, 2015

Forget about competing for airtime at an auto show. For the much-anticipated Chevrolet Camaro reveal this Saturday, General Motors is taking the car straight to the public at an outdoor unveiling in Detroit.... Read More »

Honda exec says latest airbag recall may impact Japan sales

7:04 am U.S. ET | May 15, 2015

Honda could see an impact on sales in Japan from its plans to recall some 5 million cars to replace potentially fatal airbags made by troubled supplier Takata, a top executive said today.... Read More »

ZF completes $12.4 billion acquisition of TRW

10:26 am U.S. ET | May 15, 2015

German auto supplier ZF Friedrichshafen AG said today that it has completed its $12.4 billion acquisition of safety systems supplier TRW Automotive Holdings.... Read More »

It's out! 2016 Chevy Camaro leaks on CNBC, social media

11:11 am U.S. ET | May 15, 2015

It wasn't supposed to be revealed until Saturday at Detroit's Belle Isle, but CNBC aired its special on the new car earlier today.... Read More »

Well-heeled houseguests experience Lincoln luxury

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

Lincoln Motor Co., to woo demanding luxury consumers, is offering getaways in finely decorated dwellings that showcase the colors and high-end materials of its Black Label auto trim.... Read More »

Orlando dealership taps Hispanic chambers of commerce for email gold

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

Ricky Lopez says the secret to selling cars to Latinos is finding reliable contact information for them. To do that, Lopez, Internet director at David Maus Toyota in Sanford, Fla., said he taps the databases of local Hispanic chambers of commerce and nonprofit organizations to get emails and other information.... Read More »

Pre-roll video ads build traffic for 2 Phoenix Chevy stores

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

A Phoenix Chevy dealer is finding car buyers using an ad strategy largely untapped by car dealers - video pre-roll, the videos that run before an the video that views click on.... Read More »

Porsche takes it to the track in China

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

Porsche is building in China a small, one-mile race track for close to 25 million euros ($28 million). The track will allow Porsche owners to experience hard acceleration or feel the g-forces tug during a hard corner.... Read More »

Volvo focuses on Georgia, S. Carolina for factory, reports say

2:55 pm U.S. ET | May 8, 2015

Volvo is nearing a decision on its first US factory, and sites in Georgia and South Carolina are on the short list, according to reports.... Read More »

Dodge brings back street-legal Viper ACR racer for 2016

1:00 pm U.S. ET | May 8, 2015

Ordering opened Monday for the 2016 Dodge Viper ACR, a track version of the two-seat sports coupe that comes equipped with a much stiffer chassis and a giant carbon-fiber rear wing and other aerodynamic features to improve downforce.... Read More »

LARRY P. VELLEQUETTE

BLOG: Why Dodge should make the next Dart look like a baby Charger

4:12 pm U.S. ET | May 8, 2015

The Dodge Dart set an all-time sales record in April. So, if you're Dodge, do you need to fix a car that's doing well three years after its launch? Why, yes. Yes, you do.... Read More »

Toyota quarterly profit jumps 46% on U.S. sales, weak yen

2:39 am U.S. ET | May 8, 2015

Booming North American sales and big foreign exchange gains powered surging profits at Toyota in the latest quarter while propelling record full-year earnings. Operating profit jumped 46 percent to $5.31 billion in the carmaker's fiscal fourth quarter.... Read More »

Subaru maker reports 21% profit increase; plans more U.S. capacity

3:31 am U.S. ET | May 8, 2015

The maker of Subaru vehicles, Fuji Heavy Industries, reported a 21 percent surge in quarterly operating profit as advantageous exchange rates and surging U.S. sales delivered record earnings. The all-wheel-drive specialist said it would speed up plans to increase production capacity in Indiana.... Read More »

Cooper-Standard income up in Q1

2:27 pm U.S. ET | May 8, 2015

Cooper-Standard Holdings reported diminished sales due to foreign currency fluctuations, but improved income from a recent stake acquisition in its first quarter.... Read More »

How Tesla sent penny stock soaring 4,400%

12:48 pm U.S. ET | May 8, 2015

Market regulators halted trading on a penny stock from defunct Riviera Tool Company that was incorrectly linked to the Tesla Motors acquisition of Riviera Tool LLC.... Read More »

FCA seeks new trial, says Ga. jury award 'grossly excessive'

11:38 am U.S. ET | May 8, 2015

FCA has asked for a new trial following one that ended early in April with a Georgia jury awarding $150 million to the family of a 4-year-old boy killed in a crash involving at 1999 Jeep Grand Cherokee.... Read More »

Dealertrack, Autobytel digest acquisitions

1:12 pm U.S. ET | May 8, 2015

Dealertrack Technologies and Autobytel, vendors to auto dealers, are benefiting from the hot vehicle-sales market even if they are trying to absorb acquisitions made last year, the companies said in separate earnings announcements this week.... Read More »

Superior relocates HQ from Calif. to Detroit

12:15 pm U.S. ET | May 8, 2015

Superior Industries International, a longtime aluminum wheel manufacturer led by former Visteon CEO Don Stebbins, is relocating its global headquarters from California to suburban Detroit.... Read More »

Analysts question Tesla's cash position

6:46 am U.S. ET | May 8, 2015

Analysts are voicing concerns about Tesla Motors' cash, saying the maker of electric cars and energy-storage products may need to raise money.... Read More »

GM expects to fall short of 2017 EV target

9:28 am U.S. ET | May 8, 2015

General Motors said it will fall short of its goal of having 500,000 GM vehicles on US roads by 2017 that are powered by some form of electricity.... Read More »

Takata says it will return to profit in 2015-16

7:13 am U.S. ET | May 8, 2015

Japan's Takata said today it expects to return to profit this financial year on higher Asian and US sales, but the troubled company made few provisions for possible costs related to a massive global recall of its exploding airbags.... Read More »

TrueCar records 33% revenue growth in Q1

8:47 pm U.S. ET | May 7, 2015

TrueCar reported continued revenue growth and another loss in the first quarter, and said it launched its TrueCash incentive program, which allows automakers to target discounts to specific consumers based on where they live, what they drive and what they're shopping for.... Read More »

Automotive News
Special Video Report
Colo. stores use cameras, computers to build transparency

Colo. stores use cameras, computers to build transparency

Planet Honda's technicians-turned-video directors are with one tap bringing the service bay to customers, while digital files are providing a clear snapshot of a used-car's history at Kuni Lexus of Greenwood...
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