Daily Email Friday

Fiat 500 Abarth with automatic transmission should broaden appeal, exec says

4:11 pm U.S. ET | June 27, 2014
The North American head of the Fiat brand said that adding an optional automatic transmission to its performance Fiat 500 Abarth would open up the sporty minicar to a much wider number of potential customers.... Read More »

 

Hitachi completes construction of largest plant at Georgia complex

4:08 pm U.S. ET | June 27, 2014
The U.S. unit of Japanese supplier Hitachi Automotive Systems completed construction of its third and largest plant at its Monroe, Ga., operations.... Read More »

 

Fiat Chrysler, Marchionne prepare to sell Wall Street on 'Cinderella' story

3:34 pm U.S. ET | June 27, 2014
Sergio Marchionne needs a New York stock market listing to bring in the investors required to fund future growth at Fiat Chrysler, but a lukewarm response to the CEO's most recent Wall Street launch suggests he has a bumpy journey ahead.... Read More »

 

Ford, Mercedes, Toyota tops in brand loyalty in 1st quarter, IHS says

12:19 pm U.S. ET | June 27, 2014
The Ford brand had the auto industry's highest loyalty rate among new-vehicle buyers in the first quarter, followed by Mercedes-Benz and Toyota.... Read More »

 

Part of Corvette-swallowing sinkhole will be preserved, museum says

2:30 pm U.S. ET | June 27, 2014
The National Corvette Museum will preserve a piece of the 60-foot-wide hole that opened underneath the museum and sunk eight of its historical models in February, the museum’s board of directors decided.... Read More »

 

Delphi now part of 2 federal investigations

1:29 pm U.S. ET | June 27, 2014
Parts supplier Delphi Automotive plc is now part of two federal investigations -- one of them tied to the ongoing General Motors recall crisis and the other a potential challenge by the IRS to its tax domicile.... Read More »

 

THE GM RECALL

GM's current product chief was part of '05 ignition-flaw debate

6:46 am U.S. ET | June 27, 2014
A top product-development executive still working at General Motors was involved in deliberations about a deadly ignition flaw kept from the public, newly released documents indicate.... Read More »

 

Renault-Nissan, Daimler plan $1.4 billion small-car plant in Mexico

9:46 am U.S. ET | June 27, 2014
Global technology partners Daimler AG and the Renault-Nissan Alliance will spend 1 billion euros ($1.36 billion) to produce 300,000 compact Infiniti and Mercedes vehicles a year at a Nissan factory in Mexico, starting in 2017. The partners announced this morning that they are co-developing a family of new compact luxury models to be sold around the world.... Read More »

 

Autoliv agrees to settle U.S. securities class action for $22.5 million

7:31 am U.S. ET | June 27, 2014
Automotive safety products supplier Autoliv said today it reached an agreement in principle to settle a class action securities lawsuit in the United States.... Read More »

 

Airbag accident, lawsuit prompt GM to recall Cruze

9:12 pm U.S. ET | June 26, 2014
An accident that left a Georgia woman blind in one eye and a subsequent lawsuit led GM Thursday to recall about 33,000 Chevrolet Cruze sedans in North America for potentially defective airbags made by Takata.... Read More »

 

Rockefeller proposes bill to strengthen auto-safety regulators

6:52 pm U.S. ET | June 26, 2014
The chairman of the U.S. Senate committee that oversees auto safety proposed a bill late Thursday that would give U.S. regulators more funding and greater power to deal with light-vehicle defects. The legislation from Senator Jay Rockefeller would give NHTSA authority to order dangerous vehicles off the road, rather than merely advising customers not to drive them.... Read More »

 

Dealership buy-sells jump in first quarter

12:01 am U.S. ET | June 23, 2014
Driven largely by private buyers, dealership acquisition activity rose strongly during the first several months of 2014, dealership brokers say in two new reports.... Read More »

 

Toyota ups its game on telematics in Japan

12:01 am U.S. ET | June 23, 2014
Toyota will release a telematics system in Japan this summer that uses automated voice activation and allows open-source third-party apps to be downloaded to the infotainment system.... Read More »

 

Trevor Mann
FACE 2 FACE

Nissan's Mann: From Sex Pistols to Buckingham Palace

12:01 am U.S. ET | June 23, 2014
Nearly 30 years after joining Nissan, Trevor Mann travels the globe as Nissan's chief performance officer, visiting every business region, from India to Canada, to help local sales and manufacturing executives stay on track with objectives.... Read More »

 

THE GM RECALL

GM dangles dealer bonuses to speed ignition-switch repairs

1:59 pm U.S. ET | June 20, 2014
GM is rolling out a series of initiatives to accelerate the fix of 2.6 million cars with faulty ignition switches, including offering dealerships bonus money for speedy repairs.... Read More »

 

Bumblebee Camaro shows off GM's design muscle in 'Transformers' flick

3:54 pm U.S. ET | June 20, 2014
GM's Chevrolet Camaro will again transform into the gutsy black and yellow Autobot hero named Bumblebee in the latest Transformers film, which hits theaters June 27.... Read More »

 

Jaguar dropping XK coupe, convertible

8:12 am U.S. ET | June 20, 2014
With the all-new F-Type Coupe debuting, Jaguar is ending output of the more expensive and aging two-plus-two XK coupe and convertible.... Read More »

 

'Connected car' band would open to other Wi-Fi devices under Senate bill

4:28 pm U.S. ET | June 20, 2014
Legislation introduced in the Senate could open up the band of wireless communication airwaves currently reserved for vehicle-to-vehicle communications designed to improve road safety to other Wi-Fi devices.... Read More »

 

Takata, echoing NHTSA suspicions, says moisture may be culprit in latest airbag recalls

1:55 pm U.S. ET | June 20, 2014
Takata is investigating excessive moisture as a possible cause of defective airbag inflators that have led to 5.9 million recalls globally this year and last. Today's announcement by one of the world's biggest airbag suppliers echoes the suspicions of safety regulators in the United States. On June 11, the National Highway Traffic Safety Administration said high humidity in Florida and Puerto Rico may have played a role in six incidents of ruptured frontal airbags.... Read More »

 

Ford extends SiriusXM traffic, weather service to 5 years on '15 models

3:34 pm U.S. ET | June 20, 2014
Ford Motor Co.'s 2015 model year vehicles equipped with navigation will come with a five-year subscription to SiriusXM Traffic and SiriusXM Travel Link.... Read More »

 

CarMax fiscal Q1 earnings rise 16%

3:20 pm U.S. ET | June 20, 2014
CarMax's net earnings rose 16 percent to $169.7 million in its first fiscal quarter, from the year-earlier period, on higher retail and wholesale unit sales and income from its captive finance unit.... Read More »

 

Auto shows' influence on sales, purchase decisions growing again, study says

2:55 pm U.S. ET | June 20, 2014
A new study finds auto shows are serving as more than a market thermometer for the latest splashy coupe or concept crossover by automakers. Auto shows regained influence in 2013 with 72 percent of attendees intending to shop for a new vehicle, and has continued to rise.... Read More »

 

NHTSA examining data on exhaust leak in 2011-2014 Ford Explorer

12:46 pm U.S. ET | June 20, 2014
The National Highway Traffic Safety Administration is looking into complaints that exhaust may be building up inside the cabins of Ford's 2011-2014 Explorer SUVs.... Read More »

 

Preh acquires European assembly line design firm

12:24 pm U.S. ET | June 20, 2014
Automotive assembly line designer Preh said it has agreed to acquire IMA Automation Amberg from Switzerland’s Feintool International Holding AG.... Read More »

 

Chrysler's brands generate mixed results in annual quality study

11:27 am U.S. ET | June 20, 2014
Chrysler Group had a mixed bag in the 2014 JD Power Initial Quality Study. The Chrysler, Dodge and Ram brands improved, while Jeep results fell primarily on the troubled launch last fall of the 2014 Jeep Cherokee and the operation of its nine-speed transmission. Fiat finished last in the study, and was the only brand with an average of more than two problems per vehicle.... Read More »

 

Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
» Watch the Video
     
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