Automotive News Breaking News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Fri, 31 Oct 2014 06:00:00 EST Kuni Automotive COO Herman dies at 72 http://www.autonews.com/article/20141031/RETAIL07/141039959/kuni-automotive-coo-herman-dies-at-72 Fri, 31 Oct 2014 16:02:57 EST Joseph Herman, COO of dealership group Kuni Automotive and a 40-year veteran of the auto retailing industry, died the morning of Oct. 29 after a year-long battle with pancreatic cancer. Ferrari fined $3.5 million by U.S. regulators for not filing reports http://www.autonews.com/article/20141031/OEM11/141039969/ferrari-fined-3-5-million-by-u-s-regulators-for-not-filing-reports Fri, 31 Oct 2014 11:00:55 EST Fiat Chrysler Automobiles' Ferrari brand has been fined more than $3.5 million for not filing "early warning reports" indicating safety issues with federal safety regulators. Ram quality, reliability dragged down by technology, new boss says http://www.autonews.com/article/20141031/OEM/141039968/ram-quality-reliability-dragged-down-by-technology-new-boss-says Fri, 31 Oct 2014 12:01:34 EST Fiat Chrysler Automobiles' Ram brand chief says cockpit technology was partly responsible for the brand's ranking in the latest Consumer Report's reliability study. Hitachi Metals to plead guilty, pay $1.25 million U.S. fine for fixing parts prices sold to Toyota http://www.autonews.com/article/20141031/OEM10/141039960/hitachi-metals-to-plead-guilty-pay-1-25-million-u-s-fine-for-fixing Fri, 31 Oct 2014 14:17:15 EST Hitachi Metals will pay a $1.25 million fine and plead guilty for fixing prices and rigging bids of brake hose installed in cars in the United States, the U.S. Justice Department said Friday. SEC investigates Ally on subprime loans, securitization http://www.autonews.com/article/20141031/FINANCE_AND_INSURANCE/141039961/sec-investigates-ally-on-subprime-loans-securitization Fri, 31 Oct 2014 14:08:42 EST Ally Financial disclosed today that it is being investigated by the Securities and Exchange with regard to 'subprime automotive finance and related securitization activities.' Most interested in self-driving cars, but safety is a concern, survey says http://www.autonews.com/article/20141031/OEM06/141039962/most-interested-in-self-driving-cars-but-safety-is-a-concern-survey Fri, 31 Oct 2014 13:53:36 EST When fully autonomous cars become ready to sell, consumers around the globe -- particularly in Asia -- may be ready to buy, but many of them still have concerns, according to a new survey by the University of Michigan. Cooper-Standard profits rise on higher sales, MandA moves http://www.autonews.com/article/20141031/OEM10/141039967/cooper-standard-profits-rise-on-higher-sales-ma-moves Fri, 31 Oct 2014 12:40:05 EST Cooper-Standard Holdings reported higher earnings in the third quarter from increased North American and Asian sales as well as merger and acquisition activity. American Axle Q3 profits rise as non-GM business grows http://www.autonews.com/article/20141031/OEM10/141039963/american-axle-q3-profits-rise-as-non-gm-business-grows Fri, 31 Oct 2014 13:19:16 EST Powertrain components supplier American Axle and Manufacturing Holdings, which has been ramping up its non-General Motors business in recent years, today reported strong gains in third-quarter net income and revenues. Aston Martin wins temporary exemption to new U.S. safety rules http://www.autonews.com/article/20141031/OEM11/141039970/aston-martin-wins-temporary-exemption-to-new-u-s-safety-rules Fri, 31 Oct 2014 10:27:59 EST British luxury sports car maker Aston Martin has been granted a temporary exemption to new safety rules in the United States that would have stopped it selling hundreds of cars in one of its key markets, federal regulators said today. Denso's first-half operating profit falls 16% on randd costs http://www.autonews.com/article/20141031/OEM10/141039972/densos-first-half-operating-profit-falls-16-on-rd-costs Fri, 31 Oct 2014 08:56:02 EST Japan's Denso, the world's second-largest auto supplier, today said it posted a 16 percent decline in six-month operating profit, as development costs and investment outweighed a rise in revenue. %]