Automotive News Breaking News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Thu, 23 Feb 2017 06:00:00 EST Ghosn steps down as Nissan CEO, hands reins to Saikawa as focus shifts http://www.autonews.com/article/20170222/OEM02/170229933/ghosn-steps-down-as-nissan-ceo-hands-reins-to-saikawa-as-focus-shifts Wed, 22 Feb 2017 18:34:31 EST Carlos Ghosn, the long-serving CEO who rescued Nissan from bankruptcy, is stepping down as CEO, having nearly finished his latest business plan and driven the Renault-Nissan Alliance to new heights with the acquisition of Mitsubishi. Tesla loss narrows to $121 million in Q4 http://www.autonews.com/article/20170222/OEM/170229936/tesla-loss-narrows-to-121-million-in-q4 Wed, 22 Feb 2017 17:45:00 EST Tesla reported a net loss of $121.3 million in the fourth quarter as the company prepared to launch Model 3 output. Revenue surged 88 percent to $2.3 billion in the fourth quarter behind a rise in vehicle sales. KAR Auction's Q4 net income drops despite gain at ADESA http://www.autonews.com/article/20170222/RETAIL04/170229940/kar-auctions-q4-net-income-drops-despite-gain-at-adesa Wed, 22 Feb 2017 14:54:36 EST ADESA parent company KAR Auction Services reported a 5.8 percent decline in fourth quarter net income on higher service costs and selling and administrative expenses. Mobileye Q4 net income climbs 73% in strong finish to 2016 http://www.autonews.com/article/20170222/MOBILITY/170229946/mobileye-q4-net-income-climbs-73-in-strong-finish-to-2016 Wed, 22 Feb 2017 12:37:01 EST Mobileye's stream of self-driving partnership announcements and success with aftermarket products pushed it to a strong finish in 2016. Interiors supplier AGM being acquired by Flex Ltd. http://www.autonews.com/article/20170222/OEM10/170229937/interiors-supplier-agm-being-acquired-by-flex-ltd Wed, 22 Feb 2017 15:44:34 EST Flex Ltd. is buying automotive supplier AGM Automotive. AGM, headquartered near Detroit, supplies interior systems including overhead consoles, interior lighting, electronic components and carpet. GM supplier organized after strike by UAW in Kansas City http://www.autonews.com/article/20170222/OEM01/170229941/gm-supplier-organized-after-strike-by-uaw-in-kansas-city Wed, 22 Feb 2017 14:42:40 EST Workers at a Kansas City factory that supplies General Motors on Tuesday ratified their first UAW-bargained contract with a nearly unanimous vote after a three-week strike. Lexus, Porsche rank as most-dependable brands, J.D. Power says http://www.autonews.com/article/20170222/OEM01/170229953/lexus-porsche-rank-as-most-dependable-brands-j-d-power-says Wed, 22 Feb 2017 10:00:00 EST Lexus and Porsche are the most dependable brands after three years of vehicle ownership, while Toyota leads non-premium labels, according to a J.D. Power study. Fiat Chrysler posted four of the bottom five brands. EPA rates VW's 2017 e-Golf at 126 mpg-e and boosts range to 125 miles http://www.autonews.com/article/20170222/OEM04/170229947/epa-rates-vws-2017-e-golf-at-126-mpg-e-and-boosts-range-to-125-miles Wed, 22 Feb 2017 12:30:28 EST An upgraded lithium ion battery pack and electric motor have enabled the 2017 Volkswagen e-Golf to achieve a 126 mpg-e city rating and a doubled estimated range to 125 miles from U.S. regulators. German lawmakers call for inquiry into VW compliance chief exit http://www.autonews.com/article/20170222/OEM02/170229951/german-lawmakers-call-for-inquiry-into-vw-compliance-chief-exit Wed, 22 Feb 2017 11:12:32 EST Lawmakers from Volkswagen's home region called on Wednesday for an inquiry into the sudden departure of the German carmaker's compliance chief last month, saying they were concerned the supervisory board was not overseeing the business effectively. Man and machine highlight Lexus spot http://www.autonews.com/article/20170222/VIRALVIDEO/302229998/man-and-machine-highlight-lexus-spot Wed, 22 Feb 2017 00:01:00 EST Lexus showcases the sporty LC 500 in the latest spot to top our weekly viral video charts. Automakers urge new EPA chief to withdraw Obama CO2 rules http://www.autonews.com/article/20170221/OEM11/170229959/automakers-urge-new-epa-chief-to-withdraw-obama-co2-rules Tue, 21 Feb 2017 21:02:18 EST A trade association representing GM, Toyota, Volkswagen and nine other automakers on Tuesday asked new EPA's new chief to withdraw an Obama administration decision to lock in vehicle emission rules through 2025. Honda's Mendel to retire April 1; Conrad gets top role http://www.autonews.com/article/20170221/OEM02/170229976/hondas-mendel-to-retire-april-1-conrad-gets-top-role Tue, 21 Feb 2017 12:00:00 EST John Mendel, an auto industry veteran who steered Honda and Acura through the Takata airbag crisis, is retiring as executive vice president of American Honda's auto divisions, effective April 1. Cadillac expects revamped CUE infotainment system to boost customer satisfaction http://www.autonews.com/article/20170221/OEM06/170229965/cadillac-expects-revamped-cue-infotainment-system-to-boost-customer Tue, 21 Feb 2017 15:24:09 EST Cadillac says a new generation of its touch-screen infotainment system, debuting next month in the CTS sedan, addresses customer frustrations that dragged the brand down in quality surveys. Buick Enclave grows more muscular for 2018 http://www.autonews.com/article/20170221/OEM04/170229977/buick-enclave-grows-more-muscular-for-2018 Tue, 21 Feb 2017 11:45:00 EST The redesigned 2018 Buick Enclave will be sleeker and more muscular than the current version, spy photos shot in the Detroit area indicate. Sonic Q4 net income rises 21%; shares rise 9.3% http://www.autonews.com/article/20170221/RETAIL/170229971/sonic-q4-net-income-rises-21-shares-rise-9-3 Tue, 21 Feb 2017 11:15:31 EST Sonic Automotive's fourth-quarter net income rose 21 percent to $37.6 million from the same quarter a year ago on the strength of service and parts and finance and insurance gains, executives said. Takata ranks last in reputation among 100 most-visible companies in U.S. http://www.autonews.com/article/20170221/OEM10/170229961/takata-ranks-last-in-reputation-among-100-most-visible-companies-in Tue, 21 Feb 2017 16:11:48 EST Troubled airbag supplier Takata took last place on a list ranking the reputations of the 100 most-visible companies in the U.S., landing in the 'critical' score category, the Harris Poll said Tuesday. Sears launches free-standing pilot DieHard Auto Center http://www.autonews.com/article/20170221/RETAIL05/170229966/sears-launches-free-standing-pilot-diehard-auto-center Tue, 21 Feb 2017 14:12:53 EST Sears opened a full-service auto care center in San Antonio last week in a pilot store called DieHard Auto Center Driven by Sears. Uber hires former AG Eric Holder to investigate sexism claims http://www.autonews.com/article/20170221/MOBILITY/170229969/uber-hires-former-ag-eric-holder-to-investigate-sexism-claims Tue, 21 Feb 2017 11:52:48 EST Uber has enlisted former U.S. Attorney General Eric Holder to investigate claims of sexism. BMW, Mobileye in deal to collect map data for self-driving cars http://www.autonews.com/article/20170221/MOBILITY/170229973/bmw-mobileye-in-deal-to-collect-map-data-for-self-driving-cars Tue, 21 Feb 2017 10:55:12 EST Israel's Mobileye and German automaker BMW said they signed an agreement to install Mobileye's data generation technology in BMW cars starting with 2018 models. Toyota's giant hydrogen leap gets an assist from Shell http://www.autonews.com/article/20170221/OEM05/170229983/toyotas-giant-hydrogen-leap-gets-an-assist-from-shell Tue, 21 Feb 2017 07:04:30 EST Royal Dutch Shell will build seven fueling stations for hydrogen cars in California through a partnership with Toyota, laying down their latest bet on the demise of the internal-combustion engine. Former FCA quality chief Betts named to key post at J.D. Power http://www.autonews.com/article/20170221/OEM02/170229989/former-fca-quality-chief-betts-named-to-key-post-at-j-d-power Tue, 21 Feb 2017 07:00:00 EST Doug Betts, the former head of quality for Fiat Chrysler, has been named senior vice president of global automotive operations for J.D. Power and Associates. How Chevy coaxed Cruze diesel to 52 mpg http://www.autonews.com/article/20170220/OEM06/302209945/how-chevy-coaxed-cruze-diesel-to-52-mpg Mon, 20 Feb 2017 00:01:00 EST To earn the EPA's rare 50-plus highway fuel economy rating for the 2018 Cruze diesel sedan, Chevrolet engineers didn't just drop in a fuel-efficient engine and transmission and call it done. The really new GM: Ready to quit Europe http://www.autonews.com/article/20170220/OEM/302209929/the-really-new-gm-ready-to-quit-europe Mon, 20 Feb 2017 00:01:00 EST GM's proposed departure from Europe would be a radical pivot for a company that historically tried to dominate every global market it could, as well as a sign of how dramatically the industry is being upended by shifting attitudes about... UAW leader: Time is right to 'Buy American' http://www.autonews.com/article/20170220/OEM01/302209939/uaw-leader-time-is-right-to-buy-american Mon, 20 Feb 2017 00:01:00 EST America's changing political climate has created an opportunity to revive the 'Buy American' movement of the past, said UAW President Dennis Williams. How Ford made it work in Europe http://www.autonews.com/article/20170220/OEM/302209923/how-ford-made-it-work-in-europe Mon, 20 Feb 2017 00:01:00 EST General Motors hasn't made money in Europe since Bill Clinton was president. If the world's third-largest auto-maker fails to unload its Opel European division on PSA Group, it could look to its crosstown rival in Dearborn, Mich. Can tiny Key Safety digest Takata? http://www.autonews.com/article/20170220/OEM10/302209946/can-tiny-key-safety-digest-takata Mon, 20 Feb 2017 00:01:00 EST Key Safety Systems is starting to look like the Mouse that Roared. The Michigan airbag maker is engaged in an uphill battle to acquire Takata Corp. Mercedes dealers get relief on renovations http://www.autonews.com/article/20170220/RETAIL07/302209933/mercedes-dealers-get-relief-on-renovations Mon, 20 Feb 2017 00:01:00 EST A pledge by Mercedes-Benz to give U.S. dealers a 10-year moratorium on making facility changes is unusual. Distracted driving defies global enforcement efforts http://www.autonews.com/article/20170220/OEM11/302209948/distracted-driving-defies-global-enforcement-efforts Mon, 20 Feb 2017 00:01:00 EST Distracted driving, responsible for thousands of deaths annually worldwide, might not disappear unless every vehicle on the road is fully autonomous. Canada likes where it stands in NAFTA talks http://www.autonews.com/article/20170220/OEM/302209917/canada-likes-where-it-stands-in-nafta-talks Mon, 20 Feb 2017 00:01:00 EST Ontario Minister of Economic Development Brad Duguid said Canada is 'fortunate' to begin a NAFTA dialogue with the Trump administration 'from a position of absolute strength.' Waymo cries foul over self-drive legislation http://www.autonews.com/article/20170220/OEM11/302209926/waymo-cries-foul-over-self-drive-legislation Mon, 20 Feb 2017 00:01:00 EST Several states are considering legislation that could exclude technology companies from operating self-driving vehicles within their borders. Keiser University's auto retailing plan http://www.autonews.com/article/20170220/RETAIL07/302209972/keiser-universitys-auto-retailing-plan Mon, 20 Feb 2017 00:01:00 EST Keiser University launches its automotive dealership management program this spring on the former Northwood University campus in West Palm Beach, Fla. Steering supplier JTEKT begins reinventing the wheel http://www.autonews.com/article/20170220/OEM10/302209963/steering-supplier-jtekt-begins-reinventing-the-wheel Mon, 20 Feb 2017 00:01:00 EST JTEKT, the world's No. 1 steering system supplier, is preparing for the day that self-steering autonomous cars make its main bread-and-butter products obsolete. Suppliers' mood turning up, survey finds http://www.autonews.com/article/20170220/OEM10/302209962/suppliers-mood-turning-up-survey-finds Mon, 20 Feb 2017 00:01:00 EST Now that the election turmoil is over, suppliers say they are more confident about business. But they are still anxious about the Trump administration's trade issues. Amazon could shake up parts business http://www.autonews.com/article/20170220/OEM06/302209956/amazon-could-shake-up-parts-business Mon, 20 Feb 2017 00:01:00 EST Amazon used to be too slow to satisfy aftermarket parts customers. That's no longer the case - and parts makers are taking notice. Suppliers sort out Mexico options http://www.autonews.com/article/20170220/OEM10/302209958/suppliers-sort-out-mexico-options Mon, 20 Feb 2017 00:01:00 EST Suppliers don't know what impact trade rule changes will bring - but they are thinking about alternatives. RFJ to expand one-price selling http://www.autonews.com/article/20170220/RETAIL07/302209921/rfj-to-expand-one-price-selling Mon, 20 Feb 2017 00:01:00 EST RFJ Auto Partners will begin to expand its Hassle Free Buying strategy, a form of one-price selling, to all of its stores starting this year. It currently uses the model at its high-volume Dave Smith dealerships. Dealer's telephone overhaul answers the call http://www.autonews.com/article/20170220/RETAIL07/302209998/dealers-telephone-overhaul-answers-the-call Mon, 20 Feb 2017 00:01:00 EST Bill Penney Toyota's outdated phone system hurt revenues and damaged customer satisfaction reviews. A telecommunications overhaul turned things around. Lithia wants FCA stores http://www.autonews.com/article/20170220/RETAIL07/302209965/lithia-wants-fca-stores Mon, 20 Feb 2017 00:01:00 EST Lithia Motors Inc. is in talks with Fiat Chrysler Automobiles to win a chance to open new stores as the automaker expands its dealership network. Opel was once the little engine that could http://www.autonews.com/article/20170219/OEM/302209940/opel-was-once-the-little-engine-that-could Sun, 19 Feb 2017 00:01:00 EST Europe has been a drain on General Motors for a long time, but Opel did have its glory days and at least once helped keep GM afloat. Automotive News Print Editor RIck Johnson was there when it happened. Toyota sees wider window for TRD http://www.autonews.com/article/20170219/OEM03/302209949/toyota-sees-wider-window-for-trd Sun, 19 Feb 2017 00:01:00 EST Toyota's expansion of Toyota Racing Development trims across its truck line opens the door for a sporty subbrand that could find its way onto higher-volume products such as the RAV4 and Camry as the automaker chases younger and more affluent buyers. Nissan Leaf finds its fan base http://www.autonews.com/article/20170219/RETAIL01/302209952/nissan-leaf-finds-its-fan-base Sun, 19 Feb 2017 00:01:00 EST Nissan's bold move into electric vehicles with the Leaf earlier this decade looks like a sales flop to many. But there are pockets of the U.S. market where EVs are in demand. Why leave Europe's car market? So many reasons. http://www.autonews.com/article/20170218/OEM/302209955/why-leave-europes-car-market-so-many-reasons Sat, 18 Feb 2017 00:01:00 EST Why is General Motors looking for a way out of Europe? That's easy. What my subconscious saw at the Detroit show http://www.autonews.com/article/20170218/OEM06/302209957/what-my-subconscious-saw-at-the-detroit-show Sat, 18 Feb 2017 00:01:00 EST As I walked through the Ford exhibit at the Detroit auto show, experts at a division of the company called Nielsen Consumer Neuroscience had me outfitted with biometric sensors and a pair of glasses that tracked the movement of my eyes as they... When driverless cars call for backup http://www.autonews.com/article/20170218/OEM10/302209969/when-driverless-cars-call-for-backup Sat, 18 Feb 2017 00:01:00 EST Technology suppliers see redundant systems as the most logical answer to the driverless car dilemma - what happens if an autonomous drive function fails? New delinquent U.S. car loans at 8-year peak http://www.autonews.com/article/20170217/FINANCE_AND_INSURANCE/170219845/new-delinquent-u-s-car-loans-at-8-year-peak Fri, 17 Feb 2017 10:40:07 EST More Americans fell behind on their car loan payments in the fourth quarter, bringing auto delinquencies to their highest since the height of the financial crisis, Federal Reserve Bank of New York data released on Thursday showed. Autotrader, Kia capitalize on NBA All-Star Weekend festivities http://www.autonews.com/article/20170217/RETAIL03/170219823/autotrader-kia-capitalize-on-nba-all-star-weekend-festivities Fri, 17 Feb 2017 17:27:38 EST Autotrader is using NBA All-Star Weekend as a springboard for its latest ad campaign. Kia, meanwhile, has been capitalizing on the All-Star hype this week by giving people in New Orleans free rides through a promotion with Uber. Restoring jobs at Canadian GM plant key to new contract, union says http://www.autonews.com/article/20170217/OEM01/170219824/restoring-jobs-at-canadian-gm-plant-key-to-new-contract-union-says Fri, 17 Feb 2017 15:49:58 EST GM must restore hundreds of jobs being cut at a southern Ontario assembly plant or risk failing to reach a new contract with the factory's workers this fall, the president of Canada's largest auto workers union said on Friday. GM plans to build, test thousands of self-driving Bolts in 2018, report says http://www.autonews.com/article/20170217/MOBILITY/170219825/gm-plans-to-build-test-thousands-of-self-driving-bolts-in-2018 Fri, 17 Feb 2017 15:30:17 EST General Motors plans to deploy thousands of self-driving electric cars in test fleets in partnership with ride-sharing affiliate Lyft Inc, beginning in 2018, two sources familiar with the automaker's plans told Reuters. LotLinx names Dataium founder as president and chief product officer http://www.autonews.com/article/20170217/OEM02/170219827/lotlinx-names-dataium-founder-as-president-and-chief-product-officer Fri, 17 Feb 2017 15:05:25 EST Digital marketing company LotLinx has named Dataium founder Eric Brown its president and chief product officer. SUV discounts signal flagging demand, eroding auto profits http://www.autonews.com/article/20170217/RETAIL/170219826/suv-discounts-signal-flagging-demand-eroding-auto-profits Fri, 17 Feb 2017 15:12:55 EST SUVs, overtaking sedans as the new American family car, have been so hot that automakers raced to supply the market. With inventory now piling up, profit-sapping rebates are on the rise.