Daily Email Friday

REUTERS ANALYSIS

BMW, Apple could rekindle courtship with an eye on car collaboration

3:20 pm U.S. ET | July 31, 2015

BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's biggest seller of premium cars.... Read More »

Car hacking risk may be broader than Fiat Chrysler, Rosekind says

1:11 pm U.S. ET | July 31, 2015

The cybersecurity issues that led Fiat Chrysler Automobiles to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said today.... Read More »

DAVE GUILFORD

BLOG: A new Normal? Don't bet on it

12:54 pm U.S. ET | July 31, 2015

Given Mitsubishi’s low U.S. output, it was not totally surprising to hear the Japanese automaker will end U.S. production. More surprising was hearing company officials say that they have several prospects to buy the plant in Normal, Ill.... Read More »

Subaru parent's operating profit jumps 70% on surging U.S. sales

6:20 am U.S. ET | July 31, 2015

Japan's Fuji Heavy Industries, the maker of Subaru cars, posted a 70 percent jump in quarterly operating profit as sales continued to climb in the United States, its biggest market, and a weak yen boosted the value of earnings overseas.... Read More »

Honda quarterly profit rises 20% as U.S. sales, weak yen offset quality costs

4:49 am U.S. ET | July 31, 2015

Honda's quarterly profit jumped 20 percent as strong sales in the U.S. and a weak yen helped to absorb the impact of higher quality-related costs linked to a recall of cars equipped with Takata airbags.... Read More »

German carmakers near $3 billion deal for Nokia's maps, report says

3:52 pm U.S. ET | July 31, 2015

A group of German luxury-car makers including BMW are close to sealing the purchase of Nokia Oyj's digital-maps business for about 2.7 billion euros ($3 billion), people familiar with the matter told Bloomberg.... Read More »

RICHARD TRUETT

BLOG: It's too early to settle aluminum vs. steel repair-cost debate

11:59 am U.S. ET | July 31, 2015

It seems like everyone wants to know if the aluminum-bodied Ford F-150 is more expensive to repair than the steel-bodied pickup it replaced. We don't know -- and we won't know for a long time.... Read More »

TrueCar hit with another dealer lawsuit

3:01 pm U.S. ET | July 31, 2015

A group of 100 auto dealerships that are part of TrueCar's network are suing the online car-buying service for not disclosing to consumers the nature of the fees that dealers pay the company for each sale.... Read More »

Hacked Jeep Cherokee exposes weak underbelly of high-tech cars

6:49 am U.S. ET | July 31, 2015

The Jeep Cherokee brought to a halt by hackers last week exposed wireless networks as the weakest link in high-tech vehicles, underscoring the need to find fast over-the-air fixes to block malicious intrusions.... Read More »

American Axle Q2 net grows 12%

10:50 am U.S. ET | July 31, 2015

American Axle & Manufacturing Holdings said today its second-quarter net income increased 12 percent from the year-earlier period to $58.6 million.... Read More »

FCA battles in court with Australia ex-CEO

9:56 am U.S. ET | July 31, 2015

FCA traded charges in court with its former Australia CEO, who denied breaching his legal duties and said he acted on instructions from above after a lawsuit by the carmaker accused him of excessive spending and illegally enriching himself through commercial deals.... Read More »

Denso lifts profit forecast on weaker yen

9:09 am U.S. ET | July 31, 2015

Toyota-affiliated supplier Denso lifted its profit forecast for the first half of its fiscal year, citing bigger-than-expected currency gains from a weaker yen and higher overseas production of auto parts.... Read More »

VW diesel ad campaign gets sassy

8:18 am U.S. ET | July 31, 2015

The Golden Sisters -- Mary Bartnicki, Josie Cavaluzzi and Teresa Dahlquist -- may not be new kids on the block, but they are Volkswagen's secret weapon as it seeks to rebuild its flagging U.S. sales.... Read More »

Toyota holds Apple, Google at bay with Telenav navigation deal

4:34 pm U.S. ET | July 30, 2015

Toyota will turn to a little-known company instead of Apple or Google to provide navigation and phone connectivity, as it seeks to maintain control of the car features. Toyota has been the biggest holdout among automakers as Apple and Google turn dashboards into screens that closely mirror their smartphones.... Read More »

Senate passes bill raising automaker fines to $105M

4:29 pm U.S. ET | July 30, 2015

The U.S. Senate passed legislation that will triple the maximum fines automakers pay for violations of motor-vehicle safety laws yet bypassed other measures sought by consumer groups.... Read More »

BMW drivers collect $1,000 to delay charging i3 in Calif. pilot

10:19 am U.S. ET | July 30, 2015

In a new pilot program, a California utility is paying drivers of BMW electric cars to delay charging their vehicles when the power grid is under pressure.... Read More »

GM recalls 82,620 Cadillac ATS sedans over sunroof issue

4:49 pm U.S. ET | July 30, 2015

General Motors is recalling 82,620 Cadillac ATS sedans and issuing a stop sale on the vehicle for issues with the power sunroof. GM already had recalled 67,000 ATS sedans in February for the same issue.... Read More »

Barra pressed for cost cuts, other moves to help GM hit China target

6:29 am U.S. ET | July 24, 2015

GM Chief Executive Mary Barra has been pushing executives in China since the first signs of trouble in the market early this year to find ways to hit the company's target of delivering 9 to 10 percent profit margins, despite falling car prices and weak economic growth.... Read More »

Fiat Chrysler recalls 1.4 million vehicles to install anti-hacking software

11:30 am U.S. ET | July 24, 2015

Fiat Chrysler is recalling 1.4 million vehicles to close a software loophole that allowed hackers to remotely take control of a 2014 Jeep Cherokee. The company previously only advised owners to download a software patch or take their vehicle to a dealer to have it installed.... Read More »

Mitsubishi to end U.S. vehicle output, shutter factory by Nov. if there's no buyer

12:49 pm U.S. ET | July 24, 2015

Mitsubishi will shutter its only North American assembly plant by November if it can’t find a buyer for the factory, and will soon start shipping tooling back to Japan.... Read More »

JCI plans spin-off of auto seating, interiors units

9:30 am U.S. ET | July 24, 2015

Johnson Controls plans to spin off its automotive seating and interiors businesses, which will operate as an independent, publicly traded company. Bruce McDonald, currently JCI's vice chairman and executive vice president, will become chairman and CEO of the new company.... Read More »

Hot wheels: Blue-green, deep red, sparking gold on horizon

3:30 pm U.S. ET | July 24, 2015

Cars and trucks of the future will sport deep reds, sparkling golds, bright silvers, rich blues and deep blue-greens, trend spotters at supplier BASF's automotive coatings divisions predict.... Read More »

Chevrolet plans low-cost pedestrian avoidance on Malibu

3:45 pm U.S. ET | July 24, 2015

GM is introducing a pedestrian-avoidance system on the redesigned 2016 Chevrolet Malibu, the latest example of active-safety features proliferating on mainstream vehicles. GM said Friday it will offer 22 active safety systems across its brands for the 2016 model year.... Read More »

Tenneco Q2 profits fall 3.7%

11:00 am U.S. ET | July 24, 2015

Tenneco’s second-quarter profits dipped 3.7 percent to $78 million from the year-earlier period. Revenue, adjusted for the unfavorable impact of currency exchange rates, increased 3 percent to $2.31 billion.... Read More »

JCI profit rises on improved margins

10:20 am U.S. ET | July 24, 2015

Johnson Controls, the largest U.S. auto parts supplier, reported higher quarterly net profit on fatter margins across the company's main three business segments.... Read More »

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