Daily Email Friday

U.S. House panel chairman cites 'failures' related to GM recalls

3:59 pm U.S. ET | April 11, 2014
A congressional committee said today there were "failures within the system" over the handling of flawed ignition switches in General Motors vehicles, which have been linked to 13 deaths.... Read More »

 

Dealers see parts trickle in for recall repairs

4:14 pm U.S. ET | April 11, 2014
Most General Motors dealers continue to wait as parts that were expected to arrive this week to repair faulty ignitions on millions of recalled small cars only trickle in. The wait is disruptive to business, some dealers said today. They are working hard to keep customers informed and patient with the repair process, they said, adding that when the parts do arrive, service shops and technicians stand ready.... Read More »

 

Ford F-150 probe closed by U.S. regulators without request for recall

10:28 am U.S. ET | April 11, 2014
Federal safety regulators said today they have closed an investigation into complaints of reduced power in Ford F-150 pickup trucks, stopping short of requesting a recall. The probe covered about 360,000 trucks.... Read More »

 

2014 NEW YORK AUTO SHOW

Chevy drops top on Corvette Z06 for 2015

3:50 pm U.S. ET | April 11, 2014
Chevrolet is dropping the top on the Corvette Z06 for 2015 and the convertible is being billed as the Stingray for owners who want it all.... Read More »

 

THE GM RECALL

Deadly GM ignition switches started with 2003 Saturn Ion

3:13 pm U.S. ET | April 11, 2014
The 2003 Saturn Ion was supposed to be a pivotal car for GM. Instead, it came to represent the compromises and corner cutting that almost destroyed GM and now find the company in a global recall of some of its most popular models. The Ion debuted two years before the Chevy Cobalt, the model most associated with the current recall of 2.6 million vehicles, and it was the first car with the defective ignition switch linked to at least 13 deaths, when engines turned off, disabling airbags.... Read More »

 

Chrysler to take $130 million charge in first quarter due to Venezuela

4:25 pm U.S. ET | April 11, 2014
A change in the way it measures currency in Venezuela will cause Fiat Chrysler Automobile's Chrysler Group LLC unit to take a $130 million charge in its first quarter, Chrysler said today in a filing with federal regulators.... Read More »

 

Co-owner of Calif. luxury dealership pleads guilty in campaign finance case

3:34 pm U.S. ET | April 11, 2014
The co-owner of a California luxury-car dealership pleaded guilty in federal court to making illegal political campaign donations in the name of a foreign national, according to court documents.... Read More »

 

Most drivers believe connected-car tech will improve safety, survey says

3:07 pm U.S. ET | April 11, 2014
More than 80 percent of consumers in the United States, Australia and Britain believe connected-vehicle technology will make driving safer, a new survey by the University of Michigan finds.... Read More »

 

YANG JIAN

Compact SUVs to shine at Beijing show

5:58 am U.S. ET | April 11, 2014
Ten years ago, many Chinese could not afford a car, but today not only can they afford one, they are getting picky about which vehicle to buy -- and they're increasingly opting for compact SUVs.... Read More »

 

Ontario plans to unload remaining stake in GM

1:29 pm U.S. ET | April 11, 2014
The Canadian province of Ontario plans to sell its remaining shares of General Motors Co. in the next year as part of a review of its state-owned assets.... Read More »

 

Ford debuts the Skyliner Transit concept vehicle

1:08 pm U.S. ET | April 11, 2014
Melvin Betancourt, design manager for Ford Motor, speaks before the 2015 Transit Skyliner concept van is unveiled at Galpin Auto Sports in California on Thursday. The Transit Skyliner features custom-designed throne seats that are movable and can be repositioned automatically, controlled by a smartphone or tablet, as well as a theater and bar. Photographer:... Read More »

 

U.S. senators ask Justice Department to intervene in GM litigation

11:24 am U.S. ET | April 11, 2014
A group of senators today urged the Department of Justice to oppose any efforts by General Motors to skirt financial responsibility related to the company's failure to promptly recall vehicles with ignition switch problems linked to 13 deaths.... Read More »

 

China sales rise 7.9% in March; GM tops VW in Q1

9:27 am U.S. ET | April 11, 2014
Sales of passenger vehicles in China gained 7.9 percent last month as consumers purchased cars on concerns that more cities may start limiting new license plates. Wholesale deliveries climbed to 1.7 million units in March, the state-backed China Association of Automobile Manufacturers said today.... Read More »

 

2014 BEIJING AUTO SHOW

Lexus NX compact crossover will have 3 powertrains

7:22 am U.S. ET | April 11, 2014
Lexus plans to unveil the production version of its NX compact crossover at this month's Beijing motor show with three powertrains, including a turbo and hybrid for America.... Read More »

 

Aisin Seiki is among suppliers involved in Toyota's recalls, report says

7:34 am U.S. ET | April 11, 2014
Aisin Seiki is among suppliers involved in Toyota's recall of more than 6 million vehicles, a person familiar with the matter told Bloomberg. The company made the seat rails involved in the April 9 recall and will discuss the costs with Toyota, the person said, asking not to be identified because the discussions are private.... Read More »

 

Ford replaces Lincoln chief designer Wolff with luxury veteran

5:18 pm U.S. ET | April 10, 2014
Ford's Lincoln brand is moving forward under a $1 billion overhaul with a new design director at the helm after quietly replacing Max Wolff. Wolff, hired from GM four years ago, remains at Lincoln, in charge of exterior design of the brand's models, Ford said Thursday. David Woodhouse, who joined Ford in 1999 from GM to head Ford's former European luxury brands, is his successor.... Read More »

 

JAMIE LAREAU

Subaru-sponsored study identifies safe dog harness

6:21 pm U.S. ET | April 10, 2014
In the book Citizen Canine, author David Grimm examines whether dogs are on the edge of becoming legal “persons” in this country. For those who think the answer is, or is close to becoming, yes, Subaru of America has significant news: Only one of the 11 dog harnesses designed for use in cars can be rated “acceptable.”... Read More »

 

Chevy dealership in Missouri sues customer over disputed repair bill

5:49 pm U.S. ET | April 10, 2014
Jim Butler Chevrolet in suburban St. Louis is suing a customer who took issue with the repair bill for his Chevrolet Malibu, and is seeking $25,000 in damages. Dwayne Cooney took his vehicle to the dealership for service after hours on Jan. 31 because the key fob wouldn't work, the tire pressure monitor light remained on and an airbag warning light had illuminated.... Read More »

 

2014 NEW YORK AUTO SHOW

Nissan Versa gets refresh amid cutthroat subcompact competition

4:47 pm U.S. ET | April 10, 2014
Nissan plans to show its refreshed 2015 Versa sedan during New York auto show press days next week. The mid-cycle changes come just two years into the car’s model cycle as the Honda Fit and other competitors look for more of the cutthroat subcompact segment.... Read More »

 

THE GM RECALL

Barra's role as change agent collides with 33 years as daughter of GM

6:37 am U.S. ET | April 4, 2014
GM CEO Mary Barra presented herself as a change agent during congressional testimony this week. Senator Barbara Boxer wasn't buying. “I am very disappointed, really as a woman to woman, because the culture you're representing here today is the culture of the status quo,” said the California Democrat, who questioned Barra's ability to change a company that took a dozen years to address ignition switch flaws linked to 13 deaths.... Read More »

 

Mercedes’ Sprinter fights notion that it’s unaffordable

2:04 pm U.S. ET | April 4, 2014
The Mercedes-Benz badge may be too fancy for Sprinter van buyers in the United States. So Mercedes has begun advertising the sticker price on the refreshed 2014 Sprinter van to negate its luxury appeal. The move comes as Mercedes attempts to gain market share from rivals by reaching individual and fleet customers who are not accustomed -- or even averse -- to driving a Mercedes-Benz vehicle.... Read More »

 

TrueCar files plans to go public with stock

5:37 am U.S. ET | April 4, 2014
Online auto-shopping service TrueCar said today it has filed a statement with the Securities and Exchange Commission to sell shares in an initial public offering. The company said it could raise as much as $125 million from the stock sale.... Read More »

 

Chevy to bring Manchester United to Michigan for match

4:09 pm U.S. ET | April 4, 2014
With its controversial $600 million sponsorship of English soccer giant Manchester United in hand, Chevrolet is bringing the soccer team home to Michigan this summer to host a match.... Read More »

 

CarMax says quarterly gross profit rises 4%

9:27 am U.S. ET | April 4, 2014
Used car retailer CarMax reported a 4 percent gain in gross profits during the final quarter of its fiscal year, but an accounting correction and tepid sales to subprime customers caused net income to drop slightly from a year ago.... Read More »

 

Honda Fit-based crossover likely named HR-V in U.S.

3:24 pm U.S. ET | April 4, 2014
Honda's crossover vehicle based on the Fit subcompact hatchback likely will be named HR-V. In filings with the U.S. Patent and Trademark offices, Honda recently filed for a trademark for the name.... Read More »

 

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How a Texas Toyota store solved used-car-supply challenge

How a Texas Toyota store solved used-car-supply challenge

Mike Shaw Toyota in Corpus Christi, Texas, needed more used cars. But driving 150 miles to the nearest auction was time-consuming and costly. Mon., April 14
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