Automotive News Breaking News Feed http://www.autonews.com News and commentary from the leader in North American automotive news en-us Wed, 22 Mar 2017 06:00:00 EST Toyota gets license to Microsoft's connected vehicle patents http://www.autonews.com/article/20170322/MOBILITY/170329936/toyota-gets-license-to-microsofts-connected-vehicle-patents Wed, 22 Mar 2017 17:00:00 EST Microsoft said it will license all of its connected vehicle patents to Toyota in its most wide-ranging intellectual property agreement with an automaker. Sage Auto settled with FTC to avoid costly litigation, its attorney says http://www.autonews.com/article/20170322/FINANCE_AND_INSURANCE/170329961/sage-auto-settled-with-ftc-to-avoid-costly-litigation-its-attorney Wed, 22 Mar 2017 11:30:00 EST Sage Automotive Group and its owners settled federal charges last week that the group used deceptive and unfair sales and financing practices. Toyota says Sienna and Yaris get more USB ports, additional safety tech http://www.autonews.com/article/20170322/OEM04/170329935/toyota-says-sienna-and-yaris-get-more-usb-ports-additional-safety Wed, 22 Mar 2017 15:33:17 EST Toyota is upgrading the Sienna minivan and Yaris hatch at next month's New York auto show. Technology is on the menu for both. Why VW patriarch Piech's parting will be bitter http://www.autonews.com/article/20170322/BLOG06/303229943/piech-vw-porsche-sell-off Wed, 22 Mar 2017 08:16:48 EST Ferdinand Piech's plan to burn all bridges to his life's work and sell his indirect stake in VW Group shows that he has become increasingly embittered, family members believe. The emissions tester that checked VW sees opportunity in Trump http://www.autonews.com/article/20170322/OEM11/170329942/the-emissions-tester-that-checked-vw-sees-opportunity-in-trump Wed, 22 Mar 2017 13:51:09 EST The Swedish vehicle inspector whose technology identified emissions discrepancies in Volkswagen diesel engines sees Donald Trump as an opportunity-in-waiting. Uber pledges to fix company's 'Cult of the Individual' http://www.autonews.com/article/20170322/MOBILITY/170329952/uber-pledges-to-fix-companys-cult-of-the-individual Wed, 22 Mar 2017 07:29:13 EST Uber plans to outline diversity goals and publish the results of a sexual harassment investigation over the coming weeks, part of a commitment to fix its corporate culture. Daimler employees probed in Germany for potential emissions fraud http://www.autonews.com/article/20170322/GLOBAL/170329945/daimler-employees-probed-in-germany-for-potential-emissions-fraud Wed, 22 Mar 2017 11:28:27 EST German prosecutors have opened an investigation against employees at Daimler. The employees are being investigated over diesel-manipulation allegations, Bloomberg reported. N.J. sets disclosure rules for starter interrupters http://www.autonews.com/article/20170322/FINANCE_AND_INSURANCE/303229995/n-j-sets-disclosure-rules-for-starter-interrupters Wed, 22 Mar 2017 11:30:00 EST New Jersey is increasing disclosure requirements for the use of starter interrupters with subprime, used-car auto loans. But it won't tie use of the devices to reduced loan rates. Ally will pursue profits over market share, lender says http://www.autonews.com/article/20170322/FINANCE_AND_INSURANCE/303229941/ally-will-pursue-profits-over-market-share-lender-says Wed, 22 Mar 2017 11:45:00 EST Ally Financial will stick with a strategy of raising rates and getting tougher on approvals in some auto-loan niches in 2017, sacrificing volume for higher margins, company executives said. Renault's dance move tames Dodge's raging beast http://www.autonews.com/article/20170322/VIRALVIDEO/303239999/renaults-dance-move-tames-dodges-raging-beast Wed, 22 Mar 2017 00:01:00 EST Dodge unleashed it's latest caged animal -- the Challenger SRT Demon -- in a new entry to our weekly viral video chart. But it's wasn't enough to tame the dance moves shown off in our highest-rated new video for the Renault Kwid. Honda split with media-buying agency over lack of trust, report says http://www.autonews.com/article/20170321/RETAIL03/170329964/honda-split-with-media-buying-agency-over-lack-of-trust-report-says Tue, 21 Mar 2017 15:18:50 EST Honda's switch from Mediavest Spark to RPA for media buying stemmed from a lack of trust stemming from Mediavest's handling of the automaker's ad dollars, The Wall Street Journal reported. Subaru's Tribeca successor spied http://www.autonews.com/article/20170321/OEM04/170329963/subarus-tribeca-successor-spied Tue, 21 Mar 2017 15:00:00 EST Subaru's second crack at a large three-row crossover will get its official debut next month as a concept at the New York International Auto Show. Audi board to meet over recent raids, Stadler http://www.autonews.com/article/20170321/OEM02/170329956/audi-board-to-meet-over-recent-raids-stadler Tue, 21 Mar 2017 20:48:25 EST Top officials at Volkswagen AG's Audi division will meet next week to discuss a raid by German prosecutors on the carmaker's premises last week and the standing of its embattled CEO, following emissions violations, Reuters reported. Fiat Chrysler faces French probe for emissions violations, report says http://www.autonews.com/article/20170321/OEM11/170329965/fiat-chrysler-faces-french-probe-for-emissions-violations-report-says Tue, 21 Mar 2017 14:56:29 EST A French prosecutor opened an investigation into FCA over allegations that the carmaker skirted diesel emissions tests, Reuters reported. Ally profit warning deepens angst over slumping used-car prices http://www.autonews.com/article/20170321/FINANCE_AND_INSURANCE/170329966/ally-profit-warning-deepens-angst-over-slumping-used-car-prices Tue, 21 Mar 2017 14:22:50 EST Ally warned profit may grow less than anticipated only a few months ago, the latest sign that automakers' heavy discounting and aggressive use of leasing has created a supply glut hurting lenders. VW's 'Luv Bug' ad promotes size of new Atlas crossover http://www.autonews.com/article/20170321/RETAIL03/170329988/vws-luv-bug-ad-promotes-size-of-new-atlas-crossover Tue, 21 Mar 2017 16:00:00 EST Just in time for spring, Volkswagen of America premiered a TV spot called 'Luv Bug' that promotes the size of its new 2018 Atlas crossover -- and its value for growing a family. Nissan promotes several key executives in U.S., globally http://www.autonews.com/article/20170321/OEM02/170329962/nissan-promotes-several-key-executives-in-u-s-globally Tue, 21 Mar 2017 15:35:50 EST Nissan North America will promote several US sales, marketing, planning and manufacturing directors and executives, with some receiving new global roles. Gang of hackers tries to steal Baidu's autonomous car secrets http://www.autonews.com/article/20170321/OEM06/170329977/gang-of-hackers-tries-to-steal-baidus-autonomous-car-secrets Tue, 21 Mar 2017 07:06:02 EST Baidu has revealed that a gang of "hackers for hire" tried to steal its autonomous car technology, prompting it to bulk up its cybersecurity team. JLR's next move: Buy Vauxhall from PSA http://www.autonews.com/article/20170321/BLOG06/170329984/jlrs-next-move-buy-vauxhall-from-psa Tue, 21 Mar 2017 12:00:00 EST JLR's turnaround, from a money-losing business Ford dumped for $2.3 billion, at a huge loss, to India's Tata Motors, is one of the biggest success stories of the last decade. But now the next -- and far more difficult -- challenge awaits. Mexico stops sweating over fate of NAFTA http://www.autonews.com/article/20170321/BLOG06/170329969/mexico-stops-sweating-over-fate-of-nafta Tue, 21 Mar 2017 13:48:53 EST There's renewed hope in Mexico that trade negotiators will find the right mix of concessions to keep NAFTA alive for another quarter century. Marchionne is 'waiting with anticipation' to meet VW chief http://www.autonews.com/article/20170321/OEM02/170329971/marchionne-is-waiting-with-anticipation-to-meet-vw-chief Tue, 21 Mar 2017 11:27:29 EST FCA CEO Sergio Marchionne said he was looking forward to meeting Volkswagen boss Matthias Mueller to discuss a possible tie-up between the two carmakers but added he hadn't seen his counterpart in six to seven months. Porsche SE posts profit as owner clan plans to buy out Piech http://www.autonews.com/article/20170321/OEM01/170329978/porsche-se-posts-profit-as-owner-clan-plans-to-buy-out-piech Tue, 21 Mar 2017 06:44:51 EST Porsche Automobil Holding SE returned to profit as its billionaire owner family is in talks to buy out Ferdinand Piech following a clash between the former Volkswagen AG patriarch and his relatives. Panasonic to take control of Spanish auto parts maker Ficosa http://www.autonews.com/article/20170321/OEM10/170329975/panasonic-to-take-control-of-spanish-auto-parts-maker-ficosa Tue, 21 Mar 2017 07:21:11 EST Panasonic has agreed to become majority owner of Spanish auto parts maker Ficosa International as it bolsters its push into the automotive field. Uber, Pittsburgh romance cools http://www.autonews.com/article/20170320/OEM06/303209965/uber-puts-the-ire-in-iron-city Mon, 20 Mar 2017 00:01:00 EST Although many Pittsburghers see Uber as a symbol of their city's turnaround from an ailing former steel town to an up-and-coming tech hub, others resent the company's unwillingness to assimilate to the city's distinctive community. Ford plans regional incentives for dealers http://www.autonews.com/article/20170320/RETAIL07/303209970/ford-plans-regional-incentives-for-dealers Mon, 20 Mar 2017 00:01:00 EST Dianne Craig, who has taken over as Ford's director of US sales amid rising incentives and cooling demand, expects to find answers to her challenges in the marketplace, not Dearborn. Bernie Moreno's unexpected U-turn http://www.autonews.com/article/20170320/RETAIL07/303209974/bernie-morenos-unexpected-u-turn Mon, 20 Mar 2017 00:01:00 EST Bernie Moreno once had visions of owning 100 dealerships. But frustration with factory performance targets has prompted a store selloff and a focus on select brands. BMW Mini's longtime U.S. ad agency resigns account before review http://www.autonews.com/article/20170320/RETAIL03/170329986/bmw-minis-longtime-u-s-ad-agency-resigns-account-before-review Mon, 20 Mar 2017 16:41:48 EST Butler Shine Stern and Partners has resigned as U.S. advertising agency for BMW's Mini brand, a move that comes ahead of the automaker's upcoming creative review. Lear to launch vehicle communication partnership with Wyoming http://www.autonews.com/article/20170320/MOBILITY/170329987/lear-to-launch-vehicle-communication-partnership-with-wyoming Mon, 20 Mar 2017 15:45:19 EST Lear is partnering with Wyoming to enable vehicle-to-vehicle and vehicle-to-infrastructure communication in the state. Kelley Blue Book expands abroad http://www.autonews.com/article/20170320/RETAIL/170319840/kelley-blue-book-expands-abroad Mon, 20 Mar 2017 08:00:00 EST Kelley Blue Book is taking its online vehicle valuation and pricing tools overseas, starting with Portugal. Porsche pockets $17,250 profit on every vehicle http://www.autonews.com/article/20170320/OEM01/170329996/porsche-pockets-17250-profit-on-every-vehicle Mon, 20 Mar 2017 06:38:54 EST Porsche delivered 238,000 vehicles last year and posted an operating profit of $4.1 billion, up 14 percent from 2015. Put those numbers together and it's on pace to net about $17,250 a vehicle, up 9 percent. Uber president quits after 6 months amid turmoil http://www.autonews.com/article/20170320/MOBILITY/170329995/uber-president-quits-after-6-months-amid-turmoil Mon, 20 Mar 2017 07:01:44 EST Uber President Jeff Jones is quitting after less than a year, amid multiple controversies engulfing the ride-hailing company. Search for synergies delays Mitsubishi products http://www.autonews.com/article/20170320/OEM04/303209967/search-for-synergies-delays-mitsubishi-products Mon, 20 Mar 2017 00:01:00 EST Mitsubishi is delaying the next-generation redesigns of the Outlander crossover and Outlander Sport compact crossover, key pillars of its lineup, as engineers seek ways to share components with Nissan under a new alliance. VW to launch T-Roc in U.S. in '19 http://www.autonews.com/article/20170320/OEM04/303209964/vw-to-launch-t-roc-in-u-s-in-19 Mon, 20 Mar 2017 00:01:00 EST Volkswagen will launch the T-Roc compact crossover in the United States in 2019 after dealers gave a firm commitment they can sell enough of the vehicle to make it profitable. How Nissan's Shiro Nakamura became the crossover king http://www.autonews.com/article/20170320/OEM03/303209966/how-nissans-shiro-nakamura-became-the-crossover-king Mon, 20 Mar 2017 00:01:00 EST Shiro Nakamura, who will retire next month after transforming Nissan design over the past 17 years, also holds the distinction of making "crossover" a household word. Intel becomes an insider, and goes all in http://www.autonews.com/article/20170320/OEM10/303209968/intel-becomes-an-insider-and-goes-all-in Mon, 20 Mar 2017 00:01:00 EST Intel Corp. is a new player at the auto industry's poker table, but the company's $14.7 billion acquisition of Mobileye gives it a hand with a pair of aces. Buy-sell activity poised to rebound http://www.autonews.com/article/20170320/RETAIL07/303209971/buy-sell-activity-poised-to-rebound Mon, 20 Mar 2017 00:01:00 EST Buy-sell advisors expect activity to rebound this year as more sellers come to market and bring a realistic price expectation with them. For Chevy Bolt, discounts here, markups there http://www.autonews.com/article/20170320/OEM05/303209973/for-chevy-bolt-discounts-here-markups-there Mon, 20 Mar 2017 00:01:00 EST Just seven states into Chevrolet's gradual rollout of the Bolt EV, some dealerships already are discounting the car by several thousand dollars, even as others demand a markup above sticker price to take advantage of early demand. Wake up! Your supplier's plant is on fire! http://www.autonews.com/article/20170320/OEM10/303209951/wake-up-your-suppliers-plant-is-on-fire Mon, 20 Mar 2017 00:01:00 EST Somewhere in the world this month, a typhoon might delay a shipment of auto parts. A violent mob could shut a supplier's factory, or a faraway boardroom spat might halt a critical product investment. Nvidia self-driving partnerships detailed http://www.autonews.com/article/20170320/OEM06/303209954/nvidia-self-driving-partnerships-detailed Mon, 20 Mar 2017 00:01:00 EST Last week, Nvidia spelled out details of two partnerships it has for its self-driving computer chips: one deal with in which Robert Bosch GmbH that will use Nvidia's chips to power its self-driving supercomputer, and one with truckmaker Paccar to... Tata Steel seeks more takers for tailored blanks http://www.autonews.com/article/20170320/OEM10/303209999/tata-steel-seeks-more-takers-for-tailored-blanks Mon, 20 Mar 2017 00:01:00 EST Under pressure from low-cost imported steel, Tata Steel is stepping up its European production of higher-margin tailored blanks. Normal job shuffling gets Trumpified http://www.autonews.com/article/20170320/OEM01/303209977/normal-job-shuffling-gets-trumpified Mon, 20 Mar 2017 00:01:00 EST It happened again last week. President Donald Trump turned his attention to the auto industry, and, sure enough, an automaker coughed up plans to add jobs in the U.S. Sort of. Smart isn't going anywhere, Winkler says http://www.autonews.com/article/20170320/OEM05/303209975/smart-isnt-going-anywhere-winkler-says Mon, 20 Mar 2017 00:01:00 EST This is not exactly the golden age of microcars. Indeed, at a time when gas is cheap and looks like it will stay cheap, can Smart really hope to grow? Dealer makes waiting customers stew http://www.autonews.com/article/20170320/RETAIL07/303209993/dealer-makes-waiting-customers-stew Mon, 20 Mar 2017 00:01:00 EST When Carlos and Laurie Liriano moved from Louisiana to the heart of Texas, they brought along with them their taste for New Orleans hospitality -- and their gumbo recipes. Rebounding Renesas sets up for growth http://www.autonews.com/article/20170320/OEM10/303209994/rebounding-renesas-sets-up-for-growth Mon, 20 Mar 2017 00:01:00 EST Japanese chipmaker Renesas bottlenecked much of the auto industry when its plant was damaged by Japan's 2011 killer earthquake. It now plans big growth thanks to its takeover of an American rival. Japanese carmakers seek trade peace with Trump http://www.autonews.com/article/20170320/GLOBAL/303209987/japanese-carmakers-seek-trade-peace-with-trump Mon, 20 Mar 2017 00:01:00 EST Japan's auto market is open, says Hiroto Saikawa, chairman of the Japan Automobile Manufacturers Association, but its carmakers, including Toyota, Nissan and Honda, are willing to work with governments in Tokyo and Washington to smooth out disputes... Georgia's winning streak with suppliers http://www.autonews.com/article/20170320/OEM10/303209995/georgia-s-winning-streak-with-suppliers Mon, 20 Mar 2017 00:01:00 EST Georgia has tapped a vein of small to midsize privately owned German parts companies that are ready to build their first American factory. Dealer Dave Wright: 'It's all about the team' http://www.autonews.com/article/20170320/RETAIL07/303209998/dealer-dave-wright-it-s-all-about-the-team Mon, 20 Mar 2017 00:01:00 EST In this QandA, Dave Wright, owner of a Nissan-Subaru dealership near Cedar Rapids, Iowa, talks about growing a small dealership, competing against large groups for acquisitions and winning Automotive News' Best Dealerships To Work For award five times. Consultant advises how to get paid in the auto industry http://www.autonews.com/article/20170320/OEM10/303209996/delphi-how-to-get-paid-even-when-parts-didnt-get-made Mon, 20 Mar 2017 00:01:00 EST Delphi says in an SEC filing that a number of suppliers have negotiated contracts to be compensated by automakers irrespective of actual volumes. And why not? Can Hyundai's Ioniq make inroads against Prius? http://www.autonews.com/article/20170319/OEM05/303209992/can-hyundais-ioniq-make-inroads-against-prius Sun, 19 Mar 2017 00:01:00 EST Since the Toyota Prius went on sale in 2000, nameplates such as Ford's C-Max and Honda's Insight have tried to mount a serious challenge to its domination of the hybrid market. And they have fallen woefully short. A new era for Nissan design http://www.autonews.com/article/20170319/OEM03/170319830/a-new-era-for-nissan-design Sun, 19 Mar 2017 11:00:38 EST Two non-Japanese designers, one a veteran insider, the other just poached from a luxury-brand rival, face a difficult balancing act leading Nissan Motor Co. into an era of new technology. %]