Automotive News Breaking News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Thu, 5 Mar 2015 06:00:00 EST Loan amounts, payments reach new highs http://www.autonews.com/article/20150304/FINANCE_AND_INSURANCE/303049956/loan-amounts-payments-reach-new-highs Wed, 4 Mar 2015 11:00:00 EST The average amount financed for a new vehicle reached a record $28,381 in the fourth quarter of 2014, Experian Automotive said today. That was an increase of $950, or 3.5 percent, from the year-earlier quarter and a rise of $582, or 2. U.S. light-vehicle fuel economy slips 0.2 mpg in February, report says http://www.autonews.com/article/20150304/RETAIL/150309906/u-s-light-vehicle-fuel-economy-slips-0-2-mpg-in-february-report-says Wed, 4 Mar 2015 15:47:22 EST The average fuel economy of light vehicles sold in the U.S. decreased 0. NHTSA expands Ford Fiesta door-latch probe to 2013 Fusion, Lincoln MKZ http://www.autonews.com/article/20150304/OEM11/150309908/nhtsa-expands-ford-fiesta-door-latch-probe-to-2013-fusion-lincoln-mkz Wed, 4 Mar 2015 15:37:15 EST The National Highway Traffic Safety Administration is expanding a September investigation of door-latch failure in the 2011-13 Ford Fiesta to include the 2013 Fusion and Lincoln MKZ. AutoNation's 8% sales gain beats market for Feb. http://www.autonews.com/article/20150304/RETAIL01/150309917/autonations-8-sales-gain-beats-market-for-feb Wed, 4 Mar 2015 11:14:47 EST AutoNation said its new-vehicle retail sales jumped 8 percent in February compared to a year earlier, reaching 23,780 new units. Ram will expand lineup of CNG-powered trucks http://www.autonews.com/article/20150304/OEM05/150309913/ram-will-expand-lineup-of-cng-powered-trucks Wed, 4 Mar 2015 13:11:55 EST Fiat Chrysler is expanding the availability of compressed natural gas on its heavy duty Ram pickup. The CNG-fueled truck, originally engineered for fleet operators, is available now only in a four-door crew cab, four-wheel-drive and long-bed model. Jeep ramps up dealers in China as production commences http://www.autonews.com/article/20150304/GLOBAL03/150309909/jeep-ramps-up-dealers-in-china-as-production-commences Wed, 4 Mar 2015 14:14:52 EST Jeep will increase its dealerships in China by about a third this year and will start local production of its Cherokee SUV in November followed by the smaller Renegade model in 2016, CEO Mike Manley said. ZF-TRW deal to be approved by EU regulators, report says http://www.autonews.com/article/20150304/OEM10/150309911/zf-trw-deal-to-be-approved-by-eu-regulators-report-says Wed, 4 Mar 2015 13:48:22 EST EU antitrust regulators are expected to clear German car parts maker ZF Friedrichshafen's $13.5 billion bid for US peer TRW Automotive Holdings with conditions, two people with knowledge of the matter told Reuters today. Next Malibu tackles weight, space challenges http://www.autonews.com/article/20150304/OEM04/150309922/next-malibu-tackles-weight-space-challenges Wed, 4 Mar 2015 09:49:19 EST The next-generation Chevrolet Malibu will have more interior space and weigh 300 pounds less than the current car, General Motors said today. Audi spreads wireless connectivity to nearly all 2016 models http://www.autonews.com/article/20150304/OEM06/150309919/audi-spreads-wireless-connectivity-to-nearly-all-2016-models Wed, 4 Mar 2015 10:53:01 EST Audi said it plans to equip nearly all of its 2016 model-year vehicles with 4G LTE or 3G high-speed data connectivity to give drivers Wi-Fi access from the road. Apple explores resolution of A123 Systems' poaching suit http://www.autonews.com/article/20150304/OEM10/150309929/apple-explores-resolution-of-a123-systems-poaching-suit Wed, 4 Mar 2015 06:59:12 EST Apple said it's exploring a potential resolution of a lawsuit in which it's accused of poaching employees from a lithium ion battery maker amid reports that it's trying to develop an electric car. U.S. sales rise 5.3% as wintry weather takes toll http://www.autonews.com/article/20150303/RETAIL01/150309968/u-s-sales-rise-5-3-as-wintry-weather-takes-toll Tue, 3 Mar 2015 08:00:00 EST Toyota and Subaru joined a handful of smaller automakers in posting double-digit U.S. sales increases for February as severe winter weather crimped demand more than analysts had forecast. Daimler to build Sprinter vans in South Carolina, lawmaker says http://www.autonews.com/article/20150303/OEM01/150309933/daimler-to-build-sprinter-vans-in-south-carolina-lawmaker-says Tue, 3 Mar 2015 20:29:54 EST Daimler AG is set to announce it will build Mercedes-Benz Sprinter vans at its plant in South Carolina and add 1,200 jobs there as a result, a state politician said on Tuesday. Fiat Chrysler may sell more than 10% of Ferrari in New York IPO http://www.autonews.com/article/20150303/OEM02/150309939/fiat-chrysler-may-sell-more-than-10-of-ferrari-in-new-york-ipo Tue, 3 Mar 2015 16:57:34 EST Fiat Chrysler Automobiles may sell a stake exceeding 10 percent when its Ferrari division holds an initial public offering this year, as more investors than expected seek a share of the supercar manufacturer. Hyundai-Kia ride Sonata, Genesis to 7% gain http://www.autonews.com/article/20150303/RETAIL01/150309962/hyundai-kia-ride-sonata-genesis-to-7-gain Tue, 3 Mar 2015 16:00:00 EST Korean siblings Hyundai and Kia, which combined are the seventh-largest seller of cars in the U.S., posted a 7 percent sales increase in February, giving the group a better result than any top-six automaker except Toyota. Lexus jumps back into U.S. luxury race; BMW tops Mercedes http://www.autonews.com/article/20150303/RETAIL/150309940/lexus-jumps-back-into-u-s-luxury-race-bmw-tops-mercedes Tue, 3 Mar 2015 15:39:01 EST With a new entry in the hot-selling compact crossover segment, Toyota's Lexus brand has gotten itself back in the hunt for the U.S. luxury auto-sales crown. Crossover sales help lift Toyota above Ford http://www.autonews.com/article/20150303/RETAIL01/303039902/crossover-sales-help-lift-toyota-above-ford Tue, 3 Mar 2015 12:00:00 EST Powered by strong performances in cars, minivans and trucks, Toyota pulled off a rare feat in February: It outsold the perennial No. 2 in the U.S. market, Ford. Toyota's three U.S. Fiat Chrysler Canadian sales top Ford in February; GM, Toyota rise http://www.autonews.com/article/20150303/RETAIL/150309942/fiat-chrysler-canadian-sales-top-ford-in-february-gm-toyota-rise Tue, 3 Mar 2015 14:14:40 EST Fiat Chrysler Automobiles topped February sales in Canada, handily beating Ford, which posted lower car and truck sales, according to company sales data. Ford slips 2% on soft car performance, tight F-150 supplies http://www.autonews.com/article/20150303/RETAIL01/150309966/ford-slips-2-on-soft-car-performance-tight-f-150-supplies Tue, 3 Mar 2015 12:00:00 EST Ford posted its eighth US sales decline in the past 14 months, allowing Toyota Motor Sales to overtake it for the first time in six months. VW, Porsche hit by weather, port troubles, but Audi extends streak http://www.autonews.com/article/20150303/RETAIL01/150309963/vw-porsche-hit-by-weather-port-troubles-but-audi-extends-streak Tue, 3 Mar 2015 14:00:00 EST What looked like a hint of a sales rebound at Volkswagen evaporated in February, as every model except its red-hot Golf lineup posted lower sales. In February snow, buyers want 4x4s http://www.autonews.com/article/20150303/BLOG06/303049996/in-february-snow-buyers-want-4x4s Tue, 3 Mar 2015 00:01:00 EST So February U.S. auto sales came in lower than the forecasters figured just a week or two ago. Well yeah! Snow days. Infiniti surge helps Nissan gain 2.7% and outsell Honda http://www.autonews.com/article/20150303/RETAIL01/303039901/infiniti-surge-helps-nissan-gain-2-7-and-outsell-honda Tue, 3 Mar 2015 13:00:00 EST Nissan has beaten Honda in the U.S. once again. Nissan sold a total of 118,436 cars and light trucks in February, up 2.7 percent and besting Honda's 105,466. GM's sales up 4.2% as trucks soar, cars dive http://www.autonews.com/article/20150303/RETAIL01/150309965/gms-sales-up-4-2-as-trucks-soar-cars-dive Tue, 3 Mar 2015 12:00:00 EST Booming demand for General Motors' pickups and SUVs in February helped ease the sting of a 21 percent drop in car sales. Overall, GM sold 231,378 light vehicles last month, up 4.2 percent from a year earlier. Cadillac gets 'daring'; VW takes on old wives' tales http://www.autonews.com/article/20150303/VIRALVIDEO/303039998/cadillac-gets-daring-vw-takes-on-old-wives-tales Tue, 3 Mar 2015 00:01:00 EST Cadillac's rebranding is well underway. If our weekly viral video ranking is any indication, it's working. Weather delays VW shipments as Honda production gets back on track http://www.autonews.com/article/20150303/OEM01/150309946/weather-delays-vw-shipments-as-honda-production-gets-back-on-track Tue, 3 Mar 2015 11:39:23 EST As Honda production affected by West Coast ports labor disputes returns to normal, Volkswagen's East Coast shipments have been delayed. Apple seen emerging as serious competitor by auto executives http://www.autonews.com/article/20150303/OEM06/150309950/apple-seen-emerging-as-serious-competitor-by-auto-executives Tue, 3 Mar 2015 09:09:58 EST Auto executives are taking seriously the prospect that Apple and Google will emerge as competitors even as they consider partnering with the two. Toyota, Ford frustrated by rail car shortage http://www.autonews.com/article/20150303/OEM10/150309956/toyota-ford-frustrated-by-rail-car-shortage Tue, 3 Mar 2015 07:05:41 EST Railroad companies are struggling to keep up with surging US demand for trucks and SUVs, frustrating Ford and Toyota. Kobe Steel considers $800 million U.S. aluminum plant for auto suppliers http://www.autonews.com/article/20150303/OEM10/150309957/kobe-steel-considers-800-million-u-s-aluminum-plant-for-auto Tue, 3 Mar 2015 06:41:19 EST Kobe Steel, supplier of aluminum sheet to half of Japan's auto industry, is considering building a 100 billion yen ($832 million) plant in the U.S. to expand sales to Japanese carmakers operating in North America. Marchionne says he has merger candidate in mind, but it's not VW http://www.autonews.com/article/20150303/OEM02/150309958/marchionne-says-he-has-merger-candidate-in-mind-but-its-not-vw Tue, 3 Mar 2015 06:22:49 EST Volkswagen is not the ideal candidate for a tie-up with Fiat Chrysler, the CEO Sergio Marchionne said today, adding he was exploring various merger and acquisition options. VW coupe-styled GTE aims to boost brand image http://www.autonews.com/article/20150302/OEM04/150309976/vw-coupe-styled-gte-aims-to-boost-brand-image Mon, 2 Mar 2015 15:00:00 EST Volkswagen previewed a coupe-styled sedan at the Geneva auto show that is set to become a production model to boost the brand's image and attract customers from cars such as the Mercedes-Benz CLS. IIHS outruns NHTSA as pacesetter in safety http://www.autonews.com/article/20150302/OEM11/150229866/iihs-outruns-nhtsa-as-pacesetter-in-safety Mon, 2 Mar 2015 00:01:00 EST IIHS crash tests go beyond what's required by the government, and automakers have responded to the results by making substantial engineering changes quickly. Behind Ford's big performance push http://www.autonews.com/article/20150302/OEM06/303029995/behind-fords-big-performance-push Mon, 2 Mar 2015 00:01:00 EST Increased speed and performance is the new mantra at Ford Motor Co. as the company scrambles to differentiate itself from rivals. Toyota to end production of Venza http://www.autonews.com/article/20150302/RETAIL/150309969/toyota-to-end-production-of-venza Mon, 2 Mar 2015 16:51:15 EST Toyota is pulling the plug on the Venza crossover, a vehicle the automaker once touted as engineered in America for American buyers. Range Rover Evoque convertible to go on sale next year http://www.autonews.com/article/20150302/OEM04/150309987/range-rover-evoque-convertible-to-go-on-sale-next-year Mon, 2 Mar 2015 10:54:15 EST A convertible version of the Range Rover Evoque will go on sale next year, Land Rover said in a statement. GMC doubles down with 10-year plan to boost U.S. share to 5% http://www.autonews.com/article/20150302/RETAIL03/150309984/gmc-doubles-down-with-10-year-plan-to-boost-u-s-share-to-5 Mon, 2 Mar 2015 12:30:00 EST General Motors plans to roughly double its total spending on its GMC truck brand over the next decade with the goal of boosting its U.S. market share by two-thirds, the brand's top executive said today. Takata says tests show airbag failures occur in older vehicles in hot regions http://www.autonews.com/article/20150302/OEM11/150309973/takata-says-tests-show-airbag-failures-occur-in-older-vehicles-in Mon, 2 Mar 2015 15:51:46 EST Takata said today that its ongoing tests of recalled airbag inflators have supported the company's view that failures are most likely to occur in older vehicles in hot, humid regions. Senate bill would bar car registrations until recalls completed http://www.autonews.com/article/20150302/OEM11/150309972/senate-bill-would-bar-car-registrations-until-recalls-completed Mon, 2 Mar 2015 16:16:31 EST Car buyers in the United States would have to get most repairs subject to a recall performed before registering their vehicles under legislation being introduced by two Democratic senators concerned that too many defects are ignored. NXP to buy Freescale in $11.8 billion deal for automotive microchips http://www.autonews.com/article/20150302/OEM06/150309979/nxp-to-buy-freescale-in-11-8-billion-deal-for-automotive-microchips Mon, 2 Mar 2015 14:29:43 EST Dutch chipmaker NXP Semiconductors NV said today it will pay $11.8 billion to acquire Texas-based Freescale Semiconductor. GM board should not have activist investor Wilson, Buffett says http://www.autonews.com/article/20150302/OEM02/150309981/gm-board-should-not-have-activist-investor-wilson-buffett-says Mon, 2 Mar 2015 13:41:38 EST Warren Buffett, Berkshire Hathaway's CEO and one of the largest shareholders in General Motors, told CNBC today he disagrees with putting former U.S. auto task force member Harry Wilson on the automaker's board. CLA's minor dings put a big dent in Mercedes' rating http://www.autonews.com/article/20150302/RETAIL03/303029957/cla-s-minor-dings-put-a-big-dent-in-mercedes-8217-rating Mon, 2 Mar 2015 00:01:00 EST It wasn't cranky engines, shiftless transmissions or funky infotainment systems that sunk Mercedes-Benz last week in the Consumer Reports Car Brand Report Cards. A shakeup in Germany's top auto ranks http://www.autonews.com/article/20150302/OEM02/303029987/a-shakeup-in-germany-s-top-auto-ranks Mon, 2 Mar 2015 00:01:00 EST Germany's automotive ranks are undergoing a generational shift. Tata's retired patriarch still stirring things up http://www.autonews.com/article/20150302/OEM02/303029950/tata-s-retired-patriarch-still-stirring-things-up Mon, 2 Mar 2015 00:01:00 EST Two years into his official retirement from the auto business, Ratan Tata continues to steal the show. Ghosn guns for global top 3 http://www.autonews.com/article/20150302/OEM02/303029974/ghosn-guns-for-global-top-3 Mon, 2 Mar 2015 00:01:00 EST Renault-Nissan CEO Carlos Ghosn remains confident that by 2018 his alliance will rank as one of the world's three largest automakers. He sees the alliance rising from its current No. Nissan's bullish U.S. forecast calls for overtaking Honda http://www.autonews.com/article/20150302/OEM/303029952/nissan-s-bullish-u-s-forecast-calls-for-overtaking-honda Mon, 2 Mar 2015 00:01:00 EST Nearly two years ago, Carlos Ghosn bemoaned Nissan Motor Corp.'s lackluster performance in North America as his biggest "disappointment." Now, the CEO's fix-it man, Jose Munoz says the U.S. is a "powerhouse" again and the comeback is gaining speed. Buffett says Berkshire's job is to perform, grow in auto retail http://www.autonews.com/article/20150302/RETAIL07/150309986/buffett-says-berkshires-job-is-to-perform-grow-in-auto-retail Mon, 2 Mar 2015 11:16:37 EST With Berkshire Hathaway's purchase of the Van Tuyl Automotive dealership group materially complete, Warren Buffett already is looking toward how to expand his company's dealership holdings. FCA recalls 2,211 Hellcats after fuel leak discovered http://www.autonews.com/article/20150302/OEM11/150309988/fca-recalls-2211-hellcats-after-fuel-leak-discovered Mon, 2 Mar 2015 10:29:49 EST Fiat Chrysler is recalling its brand-new, top-end 2015 Dodge Charger and Challenger SRT Hellcats after a dealer discovered a fuel leak on a car being delivered from the factory. The recall affects 2,211 vehicles. Eat at the food court, buy a car http://www.autonews.com/article/20150302/RETAIL07/303029977/eat-at-the-food-court-buy-a-car Mon, 2 Mar 2015 00:01:00 EST Aloha Auto Group sells about 3,500 new and used vehicles a year from its seven Kia dealerships, across the islands of Oahu, Maui, the Big Island and Kauai. His mall location sells about 200, mostly new, vehicles a year. Volvo to unleash self-driving cars on Swedish roads http://www.autonews.com/article/20150301/OEM06/303029948/volvo-to-unleash-self-driving-cars-on-swedish-roads Sun, 1 Mar 2015 00:01:00 EST Volvo Cars' Drive Me pilot program announced last week will push autonomous driving a step closer to reality by putting 100 self-driving XC90 crossovers on Swedish streets by 2017. Ford Flex scores well, but not on sales charts http://www.autonews.com/article/20150301/RETAIL01/303029955/ford-flex-scores-well-but-not-on-sales-charts Sun, 1 Mar 2015 00:01:00 EST The Ford Flex has a distinctive look, good reliability ratings and loyal owners. It's one of only two 2015 Ford nameplates recommended by Consumer Reports, and half of Flex buyers are new to Ford. But it was also the brand's slowest-selling U. Golden Age for ultraluxury brands http://www.autonews.com/article/20150301/RETAIL01/303029986/golden-age-for-ultraluxury-brands Sun, 1 Mar 2015 00:01:00 EST Strong demand for ultraluxury brands -- driven by new models, improved U.S. Hyundai recalls more than 200,000 Elantras over steering problem http://www.autonews.com/article/20150301/OEM11/150309998/hyundai-recalls-more-than-200000-elantras-over-steering-problem Sun, 1 Mar 2015 08:14:22 EST Hyundai is recalling 204,768 Elantras because of a power steering defect that might cause the cars to suddenly revert to manual steering, the company said in a report filed with federal safety regulators. %]