Automotive News Breaking News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Sun, 1 Feb 2015 06:00:00 EST Mr. Cub made history in the car business, too http://www.autonews.com/article/20150201/RETAIL07/302029940/mr-cub-made-history-in-the-car-business-too Sun, 1 Feb 2015 00:01:00 EST Here's a largely forgotten fact about Chicago Cubs legend Ernie Banks, who died Jan. 23 at 83: He was a Ford dealer from 1967-71. Toyota thinks TRD to win younger buyers http://www.autonews.com/article/20150201/RETAIL03/302029962/toyota-thinks-trd-to-win-younger-buyers Sun, 1 Feb 2015 00:01:00 EST Since 2007, Toyota has been racing the nation's best-selling car, its Camry sedan, in the nation's most-watched motor sports series: NASCAR. Toyota, Honda, Fiat Chrysler must do 'follow up' recalls of 2.12 million vehicles http://www.autonews.com/article/20150131/OEM11/150139978/toyota-honda-fiat-chrysler-must-do-follow-up-recalls-of-2-12-million Sat, 31 Jan 2015 10:55:46 EST Honda, Toyota and Fiat Chrysler will do "follow up" recalls of about 2.12 million vehicles with defective electronic control units that can cause airbags to inadvertently deploy, federal safety regulators said today. Nissan vehicles to use common visible parts http://www.autonews.com/article/20150131/OEM01/302029953/nissan-vehicles-to-use-common-visible-parts Sat, 31 Jan 2015 00:01:00 EST Nissan's modular platform saves money by using common components. But owners rarely notice; most of the shared parts are unseen under the hood. Fiat Chrysler to abandon sub-$25,000 minivans http://www.autonews.com/article/20150131/OEM/302029949/fiat-chrysler-to-abandon-sub-25000-minivans Sat, 31 Jan 2015 00:01:00 EST Fiat Chrysler plans to abandon the bottom end of its minivan lineup next year as the redesigned 2017 Chrysler Town and Country replaces the existing model and the Dodge Grand Caravan. Ford on verge of promoting newer UAW hires to top-tier pay for first time http://www.autonews.com/article/20150130/OEM01/150139983/ford-on-verge-of-promoting-newer-uaw-hires-to-top-tier-pay-for-first Fri, 30 Jan 2015 06:15:00 EST Ford has exceeded its cap on employees earning second-tier wages and will promote 55 workers hired in 2010 to its top wage scale, the UAW said late Friday. Honda crash death exposes weaknesses in recall system http://www.autonews.com/article/20150130/OEM11/150139986/honda-crash-death-exposes-weaknesses-in-recall-system Fri, 30 Jan 2015 14:24:35 EST The driver of a 2002 Honda Accord who died earlier this month in a crash involving a ruptured Takata airbag inflator hadn't been notified that his vehicle was recalled in June 2014 for the suspect inflators, a Honda spokesman said. Honda cuts profit target as Takata airbag recalls bite http://www.autonews.com/article/20150130/OEM/150139999/honda-cuts-profit-target-as-takata-airbag-recalls-bite Fri, 30 Jan 2015 02:52:43 EST Honda sliced 6.5 percent off its core annual profit forecast as it set aside hundreds of millions of dollars in extra cash to cover an extended car recall to replace potentially faulty airbags made by Takata. GM ignition-switch victims accepting offers, Feinberg says http://www.autonews.com/article/20150130/OEM11/150139985/gm-ignition-switch-victims-accepting-offers-feinberg-says Fri, 30 Jan 2015 16:00:13 EST General Motors' compensation program for victims of ignition-switch accidents is meeting its goal of sidelining many potential lawsuits, according to the lawyer handling the payments. Millennials will grow to 25% of U.S. market in 2015, TrueCar says http://www.autonews.com/article/20150130/RETAIL03/150139989/millennials-will-grow-to-25-of-u-s-market-in-2015-truecar-says Fri, 30 Jan 2015 12:37:59 EST Millennials will become a serious force in the US car market in 2015, TrueCar said in a new report this week. The car-buying site estimates that the group will purchase 4. Lear Q4 profits surge on North America growth http://www.autonews.com/article/20150130/OEM10/150139992/lear-q4-profits-surge-on-north-america-growth Fri, 30 Jan 2015 10:12:30 EST Seating and electronics supplier Lear reported better-than-expected fourth-quarter profits due to strong demand from North America. Denso to expand Tenn. plant, add 400 jobs http://www.autonews.com/article/20150130/OEM10/150139990/denso-to-expand-tenn-plant-add-400-jobs Fri, 30 Jan 2015 11:24:55 EST Denso, the world's second-largest automotive supplier, is set to expand a plant and add about 400 employees in Athens, Tenn. Honda confirms crash death caused by ruptured Takata airbag http://www.autonews.com/article/20150129/OEM11/150129775/honda-confirms-crash-death-caused-by-ruptured-takata-airbag Thu, 29 Jan 2015 18:21:28 EST American Honda on Friday confirmed a Takata airbag ruptured in the fatal crash of a 2002 Accord on January 18 in Texas. Group 1 and Prestige settle Fla. buy-sell dispute http://www.autonews.com/article/20150129/RETAIL07/150129777/group-1-and-prestige-settle-fla-buy-sell-dispute Thu, 29 Jan 2015 15:50:27 EST A dispute between Prestige Motor Car Imports and Group 1 Automotive over a buy-sell deal in Florida gone wrong is settled and the deal is back on -- for now, both sides said. U.S. safety regulators seek Takata whistleblowers http://www.autonews.com/article/20150129/OEM11/150129780/u-s-safety-regulators-seek-takata-whistleblowers Thu, 29 Jan 2015 14:10:40 EST Federal safety regulators want to find whistleblowers with knowledge 'of possible defects or any wrongdoing' by Takata, stepping up pressure on the airbag maker whose products are linked to five deaths and dozens of injuries. Fiat Chrysler to air 3 Super Bowl ads http://www.autonews.com/article/20150129/RETAIL03/150129776/fiat-chrysler-to-air-3-super-bowl-ads Thu, 29 Jan 2015 16:21:48 EST Fiat Chrysler says it will air three Super Bowl commercials during Sunday's game. The first ad is slated to air as the first commercial after the two-minute warning in the second quarter. Ford's 2014 profit fell 56 percent amid new-product blitz http://www.autonews.com/article/20150129/OEM01/150129793/fords-2014-profit-fell-56-percent-amid-new-product-blitz Thu, 29 Jan 2015 07:00:00 EST Ford posted a drop in fourth-quarter profit and said earnings fell 56 percent in 2014 as it introduced 24 vehicles worldwide while US market share declined. CFO Bob Shanks predicted "a lot of strong growth numbers from Ford in 2015." Kia to unveil off-roader concept at Chicago show http://www.autonews.com/article/20150129/OEM04/150129778/kia-to-unveil-off-roader-concept-at-chicago-show Thu, 29 Jan 2015 15:34:01 EST Kia Motors will unveil a rugged concept car with electric all-wheel drive at the Chicago Auto Show, the automaker said today as it released a teaser image. U.S. driver death rates fall more than a third in 3 years, IIHS says http://www.autonews.com/article/20150129/OEM11/150129779/u-s-driver-death-rates-fall-more-than-a-third-in-3-years-iihs-says Thu, 29 Jan 2015 14:40:00 EST After the year of the recall, the Insurance Institute for Highway Safety shared some positive news about vehicle safety: The likelihood of driver deaths in late-model vehicles has fallen more than a third in the US in three years, IIHS said in a... GM's lease incentive move to captive unit surprised, angered Ally's chief http://www.autonews.com/article/20150129/FINANCE_AND_INSURANCE/150129784/gms-lease-incentive-move-to-captive-unit-surprised-angered-allys Thu, 29 Jan 2015 11:40:10 EST General Motors' recent move to steer 100 percent of its Buick, Cadillac and GMC lease incentives in the US to captive finance company GM Financial took Ally Financial by surprise, Ally CEO Michael Carpenter said during a conference call today. Toyota recalls 52,000 Avalons to fix potential wiring fire hazard http://www.autonews.com/article/20150129/OEM11/150129786/toyota-recalls-52000-avalons-to-fix-potential-wiring-fire-hazard Thu, 29 Jan 2015 10:13:38 EST Toyota Motor Sales USA said it plans to recall about 52,000 Avalon sedans from the 2011-12 model years for wiring that could cause a fire. Autoliv sees 2015 growth, better margins as Q4 beats forecast http://www.autonews.com/article/20150129/OEM10/150129791/autoliv-sees-2015-growth-better-margins-as-q4-beats-forecast Thu, 29 Jan 2015 07:25:53 EST Auto safety products supplier Autoliv today said it saw slightly higher margins in 2015 as it posted fourth quarter earnings above market expectations, helped by strong sales in Europe and lower costs for raw materials. Japanese supplier Sanden agrees to $3.2 million fine in U.S. price-fixing case http://www.autonews.com/article/20150128/OEM10/150129813/japanese-supplier-sanden-agrees-to-3-2-million-fine-in-u-s-price Wed, 28 Jan 2015 06:33:22 EST Japanese supplier Sanden has agreed to pay a US fine of more than $3 million and becomes the latest company tied to a wide-ranging auto supplier price-fixing prosecution for its brief role in setting the prices of air conditioning compressors for... GM denies request by U.S. senators to extend ignition-switch claims deadline http://www.autonews.com/article/20150128/OEM11/150129797/gm-denies-request-by-u-s-senators-to-extend-ignition-switch-claims Wed, 28 Jan 2015 16:05:32 EST General Motors today denied a request from two US senators to extend the Saturday deadline for victims of the company's defective ignition switch to apply for compensation. Fiat Chrysler's $4.1 billion operating profit in 2014 fueled by N.A. http://www.autonews.com/article/20150128/OEM01/150129809/fiat-chryslers-4-1-billion-operating-profit-in-2014-fueled-by-n-a Wed, 28 Jan 2015 08:51:14 EST Fiat Chrysler Automobiles met its full-year guidance as strong results from North America and improving operations in Europe managed to offset persistent weakness in Latin America. Bentley names industry veteran Winkler to head Americas unit http://www.autonews.com/article/20150128/OEM02/150129798/bentley-names-industry-veteran-winkler-to-head-americas-unit Wed, 28 Jan 2015 16:01:45 EST Bentley said it appointed Michael Winkler as president and CEO of Bentley Motors in the Americas, replacing Christophe Georges, who will become director of product and marketing for Bentley's global organization. Gentex Q4 sales gains lag forecasts; stock drops http://www.autonews.com/article/20150128/OEM10/150129801/gentex-q4-sales-gains-lag-forecasts-stock-drops Wed, 28 Jan 2015 11:53:40 EST Gentex, a mirror, camera and electronic component supplier, said its fourth quarter net income rose a disappointing 2 percent while overall revenue jumped 7 percent from a year earlier. Gentex shares fell 6 percent. Over-the-air auto software updates opens market to acquisitions http://www.autonews.com/article/20150128/OEM06/150129799/over-the-air-auto-software-updates-opens-market-to-acquisitions Wed, 28 Jan 2015 14:47:40 EST Over-the-air software updates -- a no-fuss, no-muss infotainment feature popularized by Tesla Motors -- is rapidly spreading to the entire auto industry, fueling high-price acquisitions in the segment. Nissan teases Super Bowl ad; full reveal will wait until big game http://www.autonews.com/article/20150128/RETAIL03/150129802/nissan-teases-super-bowl-ad-full-reveal-will-wait-until-big-game Wed, 28 Jan 2015 11:23:36 EST Nissan is using a dreary Harry Chapin song as the backdrop for its Super Bowl ad, but the overall message won't be seen until the game on Sunday. The automaker unveiled a 10-second teaser today featuring Chapin's song 'Cat's in the Cradle. Don't get mad, get a lawyer, panelists say http://www.autonews.com/article/20150128/FINANCE_AND_INSURANCE/301289991/dont-get-mad-get-a-lawyer-panelists-say Wed, 28 Jan 2015 11:00:00 EST Dealers who get warning letters from lenders accusing them of loan discrimination should resist the temptation to stick the letters in a drawer or, worse, fire off angry replies on their own, said panelists last week at a legal compliance workshop... Ford recalls 221,000 vehicles for door handle, seat belt problems http://www.autonews.com/article/20150128/OEM11/150129807/ford-recalls-221000-vehicles-for-door-handle-seat-belt-problems Wed, 28 Jan 2015 09:57:55 EST Ford said it is recalling about 221,000 cars and vans for door handle and seat belt problems. Ford said it is not aware of any crashes or injuries related to the two recalls. Nissan recalls 768,000 crossovers and SUVs for separate problems http://www.autonews.com/article/20150128/OEM11/150129808/nissan-recalls-768000-crossovers-and-suvs-for-separate-problems Wed, 28 Jan 2015 09:40:43 EST Nissan is recalling about 768,000 vehicles, including its popular Rogue crossover and Pathfinder SUV, for separate problems, the company and federal regulators said today. Oil-price drop may threaten to undercut Obama's clean-energy legacy http://www.autonews.com/article/20150128/OEM01/150129810/oil-price-drop-may-threaten-to-undercut-obamas-clean-energy-legacy Wed, 28 Jan 2015 07:27:32 EST Last year's 33 percent drop in gasoline prices already has automakers laying the groundwork to challenge more stringent fuel economy targets for new cars. Auto industry drives comeback in aluminum prices http://www.autonews.com/article/20150128/OEM10/150129811/auto-industry-drives-comeback-in-aluminum-prices Wed, 28 Jan 2015 06:44:22 EST At a time when other commodities are slumping, aluminum is making a comeback as automakers under pressure to build more fuel-efficient cars increase their use of the lightweight metal. TI Automotive to be acquired by Bain for $2.4 billion, report says http://www.autonews.com/article/20150127/OEM10/150129826/ti-automotive-to-be-acquired-by-bain-for-2-4-billion-report-says Tue, 27 Jan 2015 08:36:07 EST Global fuel systems supplier TI Automotive, after months of wrangling and speculation, said today it has agreed to be acquired by private equity firm Bain Capital LLC. The deal is valued at $2.4 billion, sources told Bloomberg. Mercedes plans to move R-class production to AM General in Indiana http://www.autonews.com/article/20150127/OEM01/150129822/mercedes-plans-to-move-r-class-production-to-am-general-in-indiana Tue, 27 Jan 2015 10:18:49 EST Mercedes-Benz plans to shift production of the R-class crossover from its Alabama plant to contract manufacturer AM General in Indiana this summer. The German automaker said it needed to free up space in its assembly operations near Tuscaloosa, Ala. Auto sales forecast calls for a hot January http://www.autonews.com/article/20150127/RETAIL01/150129817/auto-sales-forecast-calls-for-a-hot-january Tue, 27 Jan 2015 16:00:00 EST Forecasters say U.S. auto sales have begun 2015 much stronger than 2014, when a deep freeze kept shoppers away from many dealerships in much of the country. Toyota takes early Super Bowl lead http://www.autonews.com/article/20150127/VIRALVIDEO/301279999/toyota-takes-early-super-bowl-lead Tue, 27 Jan 2015 00:01:00 EST Toyota delivers an emotional punch to the gut with its spot for the 2015 Super Bowl. Kia returns to Super Bowl for 6th consecutive year http://www.autonews.com/article/20150127/RETAIL03/150129828/kia-returns-to-super-bowl-for-6th-consecutive-year Tue, 27 Jan 2015 06:26:34 EST Kia's 2015 Super Bowl commercial will star Pierce Brosnan parodying his role as James Bond. Toyota to move to merit-based pay for Japan factory workers, report says http://www.autonews.com/article/20150126/OEM01/150129830/toyota-to-move-to-merit-based-pay-for-japan-factory-workers-report Mon, 26 Jan 2015 20:40:20 EST Toyota will change the way it pays factory workers, focusing on their performance rather than their seniority, the Nikkei reported on Monday. Suppliers dream up future innovations. Will automakers bite? http://www.autonews.com/article/20150126/OEM06/301269987/suppliers-dream-up-future-innovations-will-automakers-bite Mon, 26 Jan 2015 00:01:00 EST Suppliers try to look over the horizon and craft new features and equipment for autos. Nissan steps back from cutting-edge offerings http://www.autonews.com/article/20150126/OEM03/301269982/nissan-steps-back-from-cutting-edge-offerings Mon, 26 Jan 2015 00:01:00 EST Nissan and its luxury Infiniti sibling have mellowed in their message of cutting-edge future products as 2015 begins. Missing from talking points this month at the Detroit auto show was any discussion of recent racy concepts. Hyundai's new infotainment strategy: Leveraging smartphone apps http://www.autonews.com/article/20150126/OEM06/301269981/hyundais-new-infotainment-strategy-leveraging-smartphone-apps Mon, 26 Jan 2015 00:01:00 EST Over the next few years, Hyundai plans to remove CD players from mainstream cars such as the Elantra and Sonata as it rolls out an infotainment system called Display Audio that's built around Apple's CarPlay and Google's Android Auto interfaces. Renegade comes through, on-road and off http://www.autonews.com/article/20150126/OEM03/301269958/renegade-comes-through-on-road-and-off Mon, 26 Jan 2015 00:01:00 EST When Jeep introduced the Compass -- and later, its platform mate, the Patriot -- with front-wheel drive and continuously variable transmissions, it was derided by the faithful as an affront to the brand's off-road heritage. Soros is ready to move on auto dealerships http://www.autonews.com/article/20150126/RETAIL07/150129834/soros-is-ready-to-move-on-auto-dealerships Mon, 26 Jan 2015 15:40:53 EST Wall Street powerhouse Soros Fund Management is ready to move on a deal to acquire auto dealerships, a representative of the fund said at a private dinner Saturday in San Francisco, according to two sources who attended the event. Mercedes debuts Super Bowl ad on 'Ellen' show http://www.autonews.com/article/20150126/RETAIL03/150129833/mercedes-debuts-super-bowl-ad-on-ellen-show Mon, 26 Jan 2015 15:49:12 EST Mercedes-Benz premiered its Super Bowl ad for the AMG GT sports car -- an edgy take on the fabled tortoise vs. hare race -- on 'The Ellen DeGeneres Show' Dana sells Venezuelan unit amid exchange rate trouble http://www.autonews.com/article/20150126/OEM10/150129832/dana-sells-venezuelan-unit-amid-exchange-rate-trouble Mon, 26 Jan 2015 16:05:30 EST As Venezuela's automotive industry continues to falter amid exchange rate problems, powertrain supplier Dana Holding today said that it has sold its Venezuelan unit, CA Danaven. GM's confirmed ignition deaths hit 50 as claims deadline nears http://www.autonews.com/article/20150126/OEM11/150129836/gm-s-confirmed-ignition-deaths-hit-50-as-claims-deadline-nears Mon, 26 Jan 2015 13:14:55 EST Confirmed deaths tied to General Motors' defective ignition switches stand at 50, four times GM's estimate through much of 2014, as a deadline nears Saturday for sending in claims. BMW Super Bowl ad compares i3 with early Internet http://www.autonews.com/article/20150126/RETAIL03/150129837/bmw-super-bowl-ad-compares-i3-with-early-internet Mon, 26 Jan 2015 10:20:45 EST In BMW's Super Bowl spot, the brand is casting its electric i3 hatchback as an ahead-of-its-time concoction that needs some explaining -- just like the Internet back in 1994. Porsche works to deliver more Macans to U.S. dealerships http://www.autonews.com/article/20150126/RETAIL06/301259954/porsche-works-to-deliver-more-macans-to-u-s-dealerships Mon, 26 Jan 2015 00:01:00 EST Porsche is working to increase supplies of the new Macan midsize crossover to US dealers in 2015. Wait times for Macan buyers have been six months or more since it went on sale last May. %]