Daily Email Friday

Ford says aluminum-bodied F-150's fuel economy rises up to 29%

12:35 pm U.S. ET | Nov. 21, 2014
Ford said its aluminum-bodied F-150 pickup will get as much as 29 percent better fuel economy than its mostly steel predecessor as the automaker gambles with a new design for its top-selling and most profitable model.... Read More »

 

Takata exec warns about ability to fix deadly airbag flaw

6:46 am U.S. ET | Nov. 21, 2014
An executive from Japan's Takata told lawmakers on Thursday the supplier is urgently trying to ramp up replacement parts for millions of vehicles fitted with potentially deadly airbags, but said it may not be able to move quickly enough.... Read More »

 

Crossover boom moves downscale; Toyota plans to join stampede

12:01 am U.S. ET | Nov. 21, 2014
Prompted by lifestyle changes among Generation Y buyers, Honda, Fiat and Mazda joined the stampede to introduce smaller entries in the booming crossover market as the industry seeks younger buyers.... Read More »

 

Toyota to recall 422,000 Lexus vehicles in U.S. due to fuel leak

11:42 am U.S. ET | Nov. 21, 2014
Toyota will recall 422,509 of its luxury brand Lexus vehicles in the United States because of a possible fuel leak that increases the risk of fire, federal regulators said today.... Read More »

 

Wilbur Ross steps down as chairman of IAC to take bank board spot

4:14 pm U.S. ET | Nov. 21, 2014
Wilbur Ross, the billionaire turnaround artist who launched International Components Group in 2006, is stepping down as IAC’s board chairman to take a senior position at the Bank of Cyprus.... Read More »

 

Retired Ford exec Mascarenas joins ON Semiconductor's board

3:46 pm U.S. ET | Nov. 21, 2014
Retired Ford chief technical officer Paul Mascarenas has joined ON Semiconductor's board of directors. Mascarenas, 53, also joined the semiconductor supplier’s science and technology committee, the company said Thursday.... Read More »

 

Fatigue-expert NHTSA nominee could mean more infotainment scrutiny

3:04 pm U.S. ET | Nov. 21, 2014
The nominee to lead the National Highway Traffic Safety Administration is an expert in fatigue and pilot alertness, which signals the auto industry’s drive to bring more Internet services and infotainment into cars should get intense scrutiny.... Read More »

 

NEAL E. BOUDETTE

Luxury brands go the way of free-trade coffee

2:41 pm U.S. ET | Nov. 21, 2014
Luxury automobiles typically offer customers a combination of high performance, advanced technology and plush comfort. But a new crop of upscale cars may offer wealthy car buyers something else: a clearer conscience.... Read More »

 

Hertz hires airline veteran Tague to revive company

12:12 pm U.S. ET | Nov. 21, 2014
Hertz Global Holdings named John Tague as its new CEO, appointing the manager credited with boosting sales at United Airlines to restore investors' confidence in the car-rental company plagued by an aging fleet and sloppy accounting.... Read More »

 

HANS GREIMEL

Japan's fugitive execs have called DOJ's bluff

9:56 am U.S. ET | Nov. 21, 2014
Are the fugitive Japanese businessmen indicted for alleged price fixing calling the U.S. government's bluff?... Read More »

 

Ferrari names Edwin Fenech head of N.A. unit

4:11 pm U.S. ET | Nov. 20, 2014
Ferrari has named 14-year employee Edwin Fenech as CEO of the premium sports car maker's North American unit.... Read More »

 

THE GM RECALL

Former GM engineer at center of recall crisis says 'I did my job the best I could'

12:01 am U.S. ET | Nov. 14, 2014
The General Motors engineer often identified as responsible for a faulty ignition switch that has been linked to 32 deaths said "I did my job the best I could" in his first public comments since GM recalled 2.6 million cars to address the defect early this year.... Read More »

 

Hyundai's U.S. marketing boss Shannon steps down

10:20 am U.S. ET | Nov. 14, 2014
Hyundai Motor America marketing chief Steve Shannon, the General Motors veteran who joined Hyundai in 2011 to help the Korean brand continue its ascendance in the United States market, has parted ways with the company.... Read More »

 

JAMIE LaREAU

Great product isn't the only ingredient for making happy customers

3:48 pm U.S. ET | Nov. 14, 2014
Sure, product is very important, but consider that most vehicles on the market look good and have comparable quality within their segments. So that means purchase decisions and customer happiness ultimately land on nontangibles such as service, salesperson and the deal.... Read More »

 

Hertz to restate results, change fleet-purchase strategy

2:22 pm U.S. ET | Nov. 14, 2014
Hertz said today it will revise financial statements from 2011 through 2013 and continue a review that has found $87 million of errors so far. Hertz also said it's initiating a $100 million cost-reduction program and said it increased the rate at which it's selling the highest-mileage cars in its fleet by 45 percent.... Read More »

 

Executives from Japan's NSK, Jtekt indicted in U.S. for price-fixing

12:42 pm U.S. ET | Nov. 14, 2014
Two more executives from Japanese auto suppliers have been indicted as part of the Justice Department's long-running investigation into price-fixing in the auto parts industry, the government said today.... Read More »

 

Lutz's VIA Motors gets EPA certification for van

2:38 pm U.S. ET | Nov. 14, 2014
VIA Motors, a fledgling retrofitter whose chairman is veteran auto executive Bob Lutz, says it has received EPA certification for a plug-in hybrid van. The company equips vans and trucks with plug-in hybrid powertrains and sells them to fleet buyers.... Read More »

 

Cadillac inks lease on its NYC headquarters

2:04 pm U.S. ET | Nov. 14, 2014
Cadillac has chosen a space in New York for its new global headquarters, after coming under fire in September for its plan to move away from General Motors' Detroit headquarters, real estate companies for the automaker said Thursday.... Read More »

 

Takata to hike inflator output at Mexico plant

5:15 pm U.S. ET | Nov. 13, 2014
Under heavy pressure to boost output of replacement inflators for airbags amid a recall crisis, Takata is preparing to build two new production lines at its plant in Monclova, Mexico. The company said the lines should start up in January -- a delay caused by the need to install and test new tooling.... Read More »

 

Duncan aims to improve service, ads, dealer profits

12:01 am U.S. ET | Nov. 10, 2014
Faced with declining sales and a more mature brand that's launching revamped vehicles, new Mini leader David Duncan is making marketing, customer service and increased dealer profitability his priorities.... Read More »

 

Global suppliers see growth with Chinese brands

12:01 am U.S. ET | Nov. 10, 2014
International suppliers predict their next sales boom in China will come as the country's struggling domestic brands race to add advanced technologies and shore up sliding market share.... Read More »

 

THE AIRBAG RECALL CRISIS

Reports of Takata coverup 'require a criminal investigation,' lawmakers say

11:00 am U.S. ET | Nov. 7, 2014
Lawmakers have called for a federal criminal probe into Japanese auto supplier Takata following a report that the company destroyed results of airbag tests conducted in secret in 2004.... Read More »

 

Ford's Farley, Odell to swap jobs

4:15 am U.S. ET | Nov. 7, 2014
Ford global marketing chief Jim Farley will move to Germany to steer Ford of Europe starting January 1 in a job swap with European boss Stephen Odell, the company said. Odell, who has led European operations for Ford since 2010, will succeed Farley as executive vice president in charge of global marketing, sales and service, Ford said in a statement today.... Read More »

 

Chevy retires 'technology and stuff' after reaping publicity windfall

3:44 pm U.S. ET | Nov. 7, 2014
Chevrolet is sending #ChevyGuy and his #TechnologyAndStuff pitch to the showers -- but not before recording about $5 million in free media exposure.... Read More »

 

Mercedes gears up for its 3rd Super Bowl appearance

4:27 pm U.S. ET | Nov. 7, 2014
Automakers' plans for the Super Bowl in February are beginning to emerge. Mercedes-Benz has bought time in the big game, according to Donna Boland, a spokeswoman for the company. The news was reported earlier Friday by The New York Times.... Read More »

 

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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, 5th-generation dealer Jamie Richter, acting on his dad's advice, has taken luxury-hotel touches and applied them to his newly built showroom. Mon., December 15
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