Automotive News Breaking News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Wed, 30 Jul 2014 06:00:00 EST Germany's ZF in advanced talks to buy TRW for near $12 billion, report says http://www.autonews.com/article/20140730/OEM10/140739986/germanys-zf-in-advanced-talks-to-buy-trw-for-near-12-billion-report Wed, 30 Jul 2014 13:22:37 EST Germany's ZF Friedrichshafen AG is in advanced talks to acquire TRW Automotive for nearly $12 billion, in a deal that would create an automotive supply powerhouse, people familiar with the matter told Reuters today. GM, short of sheetmetal, idles pickup output at Ind. plant http://www.autonews.com/article/20140730/OEM01/140739987/gm-short-of-sheetmetal-idles-pickup-output-at-ind-plant Wed, 30 Jul 2014 12:53:20 EST Production at one of General Motors' three pickup plants has been idled because of an interruption in sheetmetal supplies, the company said today. Jaguar touts aluminum features on upcoming XE http://www.autonews.com/article/20140730/OEM04/140739988/jaguar-touts-aluminum-features-on-upcoming-xe Wed, 30 Jul 2014 12:35:40 EST Jaguar Land Rover is touting the aluminum features on its upcoming Jaguar XE sedan, promising it will be the most fuel efficient vehicle in brand history. Small cars struggle in latest round of IIHS crash tests http://www.autonews.com/article/20140730/OEM11/140729832/small-cars-struggle-in-latest-round-of-iihs-crash-tests Wed, 30 Jul 2014 00:01:00 EST Small cars performed poorly in a new round of insurance industry crash testing, with the four-door Mini Cooper Countryman receiving the only good rating of 12 cars evaluated. Redesigned Mercedes-Benz C-class sedan packed with new tech http://www.autonews.com/article/20140730/OEM04/140739990/redesigned-mercedes-benz-c-class-sedan-packed-with-new-tech Wed, 30 Jul 2014 10:38:29 EST Mercedes-Benz is vying for the luxury compact crown with the redesigned 2015 C-class sedan, equipped with new technology and features trickled down from the S-class flagship. Hyundai recalls 883,000 Sonata sedans to repair transmission-shift cable http://www.autonews.com/article/20140730/RETAIL05/140739994/hyundai-recalls-883000-sonata-sedans-to-repair-transmission-shift Wed, 30 Jul 2014 08:06:16 EST Hyundai is recalling about 883,000 Sonata mid-sized sedans in the United States and Puerto Rico because a potentially defective transmission-shift cable could increase the risk of a crash. Penske Q2 net income rises 18% on strong gains in all segments http://www.autonews.com/article/20140730/RETAIL07/140729828/penske-q2-net-income-rises-18-on-strong-gains-in-all-segments Wed, 30 Jul 2014 07:30:00 EST Penske Automotive Group today said second-quarter net income rose 18 percent from the year-earlier period, on higher new- and used-vehicle unit sales. Penske posted net income of $74 million, as revenues increased 21 percent to $4.41 billion. Fiat reports fall in Q2 profit http://www.autonews.com/article/20140730/COPY01/307309953/fiat-reports-fall-in-q2-profit Wed, 30 Jul 2014 05:33:49 EST Fiat, preparing for shareholders to vote on its merger with Chrysler Group in two days, reported a fall in second-quarter operating profit as a better performance from its luxury brands and its Asia and European operations failed to offset weak... VW closes gap on Toyota's global sales lead http://www.autonews.com/article/20140730/COPY01/307309957/vw-closes-gap-on-toyotas-global-sales-lead Wed, 30 Jul 2014 02:02:00 EST Volkswagen is closing in on Toyota as the global leader in vehicle sales, with a rapid expansion drive in China while Toyota curbs growth to focus on shoring up quality. Tesla's Musk to portray himself on 'The Simpsons' http://www.autonews.com/article/20140729/OEM02/140729847/teslas-musk-to-portray-himself-on-the-simpsons Tue, 29 Jul 2014 10:26:40 EST Tesla Motors CEO Elon Musk will be providing the voice for himself in an episode in the 26th season of 'The Simpsons,' the show's executive producer, Al Jean, said at a recent Comic-Con panel.