Daily Email Friday

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 »

 

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 »

 

Indianapolis Motor Speedway restorationist Bill Spoerle dies at 80

4:20 pm U.S. ET | Nov. 7, 2014
Bill Spoerle, the Indianapolis Motor Speedway restoration manager, died Tuesday. He was 80.... Read More »

 

Alex Vetter named new CEO of Cars.com

12:50 pm U.S. ET | Nov. 7, 2014
Alex Vetter has been appointed CEO and president of Cars.com by owner Gannett, Cars.com announced today. He replaces longtime president Mitch Golub, who has announced his retirement but is staying on until March.... Read More »

 

Michigan car czar Nigel Francis to step down, return to industry

2:54 pm U.S. ET | Nov. 7, 2014
Michigan's auto czar is resigning from the post to work for an automotive company in the state. Nigel Francis, senior automotive adviser for the state of Michigan and senior vice president at the Michigan Economic Development Corporation, will step down November 14. He will be replaced by current vice president of the automotive office, Kevin Kerrigan.... Read More »

 

JAMES B. TREECE

Art program could help shape auto industry's next creative minds

1:33 pm U.S. ET | Nov. 7, 2014
Thursday night, I went to a fundraiser, called #onthefridge, for Art Road. The group's latest art on display was cool, but I was more drawn to some of the earlier years’ artworks, especially those related to cars.... Read More »

 

Chrysler expands Jeep trailer hitch recall outreach after low initial response

12:11 pm U.S. ET | Nov. 7, 2014
Chrysler Group will expand efforts to reach more owners of older Jeep Grand Cherokees and Libertys for a recall campaign after initial mailings drew in only 120,000 vehicles.... Read More »

 

Volvo V60 Cross Country to go on sale in early 2015

4:30 pm U.S. ET | Nov. 6, 2014
Volvo isn't giving up ground in the all-wheel-drive wagon market to Subaru, as has just about every other automaker. The Swedish brand will introduce the Volvo V60 Cross Country at the Los Angeles Auto Show in just a few weeks.... Read More »

 

Takata execs ordered technicians to erase airbag test results, report says

10:23 pm U.S. ET | Nov. 6, 2014
Takata, the Japanese supplier at the center of a global vehicle recall, ordered its technicians to destroy results of tests on some of its airbags after finding cracks in inflators, The New York Times reported.... Read More »

 

Honda upgrades Takata airbag repair campaign in U.S. to recall

10:14 pm U.S. ET | Nov. 6, 2014
Honda, the automaker most affected by an auto-safety crisis involving Japanese supplier Takata, said it would upgrade a airbag repair campaign in the United States to a formal recall.... Read More »

 

Poorly handled recalls are a 'black eye' for the industry, Jackson says

4:48 pm U.S. ET | Nov. 6, 2014
Mounting recalls this year are a “black eye” for the auto industry, AutoNation CEO Mike Jackson said today. The poorly handled recalls have resulted in an impression “seeping into the American consciousness that the industry does not have a coherent plan” to properly handle safety recalls, the head of the nation’s largest auto retailer told the Detroit Economic Club.... Read More »

 

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Three dealers have found ways to forge bonds with car shoppers who are short on time and long on Web smarts. A Honda store has mobilized a young sales team hired from Starbucks and Best Buy. Mon., November 17
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