Automotive News Breaking News Feed http://www.autonews.com News and commentary from the leader in North American automotive news en-us Fri, 16 Nov 2018 06:00:00 EST http://www.autonews.com/assets/png/AN-LOGO-breaking-news.png autonews.com http://www.autonews.com/section/news 40 Automotive News is the leading source of news about the global automotive industry Why Trump wants Andrew Wheeler to be the EPA's permanent chief http://www.autonews.com/article/20181116/OEM11/181119756/trump-epa-wheeler-executive Fri, 16 Nov 2018 16:21:51 EST President Donald Trump said he would nominate the acting head of the Environmental Protection Agency, Andrew Wheeler, to take on the position permanently. Toyota, Mazda break ground on Alabama assembly plant http://www.autonews.com/article/20181116/OEM01/181119759/toyota-mazda-alabama-plant-construction Fri, 16 Nov 2018 16:07:14 EST The Toyota-Mazda manufacturing joint venture said it planned to begin construction next month of its giant $1.6 billion assembly plant in Alabama, with hopes of launching production in 2021. VW to spend $50.2 billion on electric, autonomous vehicles by 2023 http://www.autonews.com/article/20181116/OEM05/181119791/volkswagen-spending-plans-for-electric-autonomous-vehicles Fri, 16 Nov 2018 09:01:30 EST Volkswagen Group said it will spend 44 billion euros ($50.2 billion) on electric vehicles, digitalization, autonomous driving and new mobility services by 2023. The 44 billion euro plan is 10 billion euros ($11. Trump signals optimism for a China trade deal http://www.autonews.com/article/20181116/OEM01/181119763/trump-china-trade-tariff Fri, 16 Nov 2018 15:41:01 EST President Trump said he is optimistic about resolving the trade dispute with China after receiving a response to his demands from Beijing, ahead of a meeting this month with China's Xi Jinping. Ex-Bosch engineers aim to strengthen self-driving car software http://www.autonews.com/article/20181116/COPY01/311169935/bosch-self-driving-autonomous Fri, 16 Nov 2018 04:16:16 EST A company formed by two veteran Bosch engineers is seeking to make the open-source software that powers many experimental self-driving cars safe and reliable. Elon Musk's infamous tweet creates legal morass for Tesla http://www.autonews.com/article/20181116/OEM02/181119795/elon-musk-tweet-legal-mess Fri, 16 Nov 2018 07:29:51 EST Elon Musk's infamous tweet saying he'd secured funding to take Tesla private did so much damage to so many different kinds of investors that he should have multiple class-action suits, lawyers said. Tesla launches vehicle reservations in China http://www.autonews.com/article/20181116/OEM05/181119777/tesla-china-retail-sales Fri, 16 Nov 2018 12:25:34 EST Tesla has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153), according to the electric carmaker's China website. VW corrects its EV commitment plans http://www.autonews.com/article/20181116/OEM05/181119778/vw-correction-electric-vehicle-plans Fri, 16 Nov 2018 12:11:42 EST Volkswagen Group corrected a key figure used by CEO Herbert Diess in an interview with Automotive News to describe the extent of the automaker's plans for electric vehicles. VW CEO Diess will succeed Jochem Heizmann as China chief next year http://www.autonews.com/article/20181116/COPY01/311169968/vw-diess-china Fri, 16 Nov 2018 05:01:33 EST Volkswagen Group CEO Herbert Diess will take on responsibility for the automaker's business in China in addition to his other duties. VW invests in electrification, seeks to strengthen alliances with battery makers and rival automakers http://www.autonews.com/article/20181116/COPY01/311169972/vw-electric-expansion-germany-production Fri, 16 Nov 2018 03:32:57 EST VW's top board is due to vote on a multibillion-euro investment plan, including steps to retool three German plants to mass produce EVs and to explore alliances with battery partners and competitors. Elon Musk will be back on Tesla's assembly line this month http://www.autonews.com/article/20181116/OEM01/181119786/elon-musk-tesla-assembly-plans Fri, 16 Nov 2018 09:50:38 EST Tesla CEO Elon Musk said he will walk the entire Model 3 production line on Nov. 27 and 28. He said all assembly areas need to be able to support making 1,000 cars per day. Why Toyota is slowing down Camry production http://www.autonews.com/article/20181116/OEM01/181119793/toyota-camry-production-cut-kentucky Fri, 16 Nov 2018 08:26:54 EST Toyota is slowing down production of the Camry, the top-selling car in the U.S. for 16 years running, underscoring the ongoing slump besetting sedans. VW to create Europe's largest electric-car production network http://www.autonews.com/article/20181116/COPY01/311169971/volkswagen-electric-production Fri, 16 Nov 2018 00:01:00 EST VW will convert two more plants in Germany to build electric vehicles, creating what the automaker said will be Europe's largest EV production network. VW tools German plant for Tesla-fighting electric cars http://www.autonews.com/article/20181116/COPY01/311169970/volkswagen-electric-diesel-counter Fri, 16 Nov 2018 00:01:00 EST Volkswagen will invest $1.4 billion to revamp a plant in eastern Germany into Europe's largest electric-car factory, giving chase to a global move into affordable zero-emission vehicles. 2020 Toyota Corolla gets more pizazz, faces systemic market headwinds http://www.autonews.com/article/20181115/OEM04/181119806/toyota-corolla-mojo-pizazz-headwinds Thu, 15 Nov 2018 22:00:00 EST The revamped 2020 Toyota Corolla sedan will hit the streets on a new platform and with a more powerful engine option and edgier design that gives off a more athletic look. The Corolla, consistently among the top-selling light vehicles in the U.S. Ford Motor's blueprint for autonomous vehicle profits http://www.autonews.com/article/20181115/MOBILITY/181119859/ford-autonomous-vehicles-profits-marakby Thu, 15 Nov 2018 06:00:00 EST Just because Ford doesn't have plans to launch a commercial business with autonomous vehicles until 2021 does not necessarily mean the company is behind, argues Sherif Marakby, CEO of Ford Autonomous Vehicles. Ford open to investors in autonomous vehicles but cautious on VW, Hackett says http://www.autonews.com/article/20181115/OEM/181119854/ford-open-to-investors-in-autonomous-vehicles-but-cautious-on-vw Thu, 15 Nov 2018 06:06:52 EST Ford CEO Jim Hackett says the automaker is open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG is a "delicate dance." Why Elon Musk is tweeting about more trucks at Tesla http://www.autonews.com/article/20181115/OEM05/181119819/elon-musk-telsa-trucking-deliveries Thu, 15 Nov 2018 15:58:22 EST Elon Musk is apparently charting his way out of what he's referred to as 'delivery logistics hell' by making acquisitions and lining up more contracts with car haulers. Daimler Financial chairman's retirement spurs leadership changes at Mercedes-Benz captive http://www.autonews.com/article/20181115/OEM02/181119824/daimler-financial-management-shakeup Thu, 15 Nov 2018 15:40:02 EST Peter Zieringer, CEO of Mercedes-Benz Financial Services USA, will leave his post to lead Daimler Financial Services' European operations. Peter Henn will replace him. Honda Passport to debut at L.A. auto show http://www.autonews.com/article/20181115/OEM04/181119835/honda-pilot-crossover-los-angeles-show Thu, 15 Nov 2018 13:00:00 EST The Honda Passport, being revived as a two-row crossover slotted between the CR-V and Pilot, will compete next year with the Ford Edge, Chevrolet's new Blazer, Hyundai's Santa Fe and Nissan's Murano. Michigan auto supplier Dayco could sell for $1 billion, report says http://www.autonews.com/article/20181115/OEM10/181119833/dayco-supplier-sale-pending-gores Thu, 15 Nov 2018 13:08:48 EST Dayco, a maker of engine parts for vehicles and industrial equipment, has received offers from bidders including Apollo Global and Gores Group, people familiar with the matter told Bloomberg. Industry groups say steel and auto tariffs undermine USMCA http://www.autonews.com/article/20181115/OEM01/181119836/trade-tariff-nafta-debate-politics Thu, 15 Nov 2018 12:09:16 EST Auto industry groups used a trade commission hearing to warn about the ill effects from U.S. steel and aluminum tariffs, and potential new tariffs on autos and auto parts. Another Uber competitor plans push into Mexico City http://www.autonews.com/article/20181115/MOBILITY/181119838/uber-mexico-city-didi-competition Thu, 15 Nov 2018 11:34:06 EST China' Didi Chuxing says it will butt heads with Uber in Mexico City, Latin America's biggest metropolis, starting as soon as next month. And a startup owned by Daimler also is coming to town. Jeep Gladiator pickup photos leaked http://www.autonews.com/article/20181115/OEM04/181119844/jeep-gladiator-pickup-a-first-look Thu, 15 Nov 2018 10:45:39 EST Fiat Chrysler accidentally -- or maybe on purpose -- leaked pictures and specs of the new Jeep pickup that goes on sale next year. WLTP testing hits VW Fiat Chrysler sale sin Europe http://www.autonews.com/article/20181115/COPY01/311159957/acea-sales-europe-october Thu, 15 Nov 2018 04:31:16 EST VW Group, Fiat Chrysler and Renault were among the biggest losers last month as Europe car sales fell 7 percent following the introduction of a new testing regime in September. Why AutoNation is teaming up with Fair http://www.autonews.com/article/20181115/RETAIL07/181119863/autonation-fair-partnership-used-cars Thu, 15 Nov 2018 07:30:00 EST AutoNation is partnering with Fair, a used-vehicle leasing subscription service, to offer customers a flexible lease option. Analytics firms uses data to help make roads safer near schools http://www.autonews.com/article/20181114/MOBILITY/181119870/driver-safety-data-analytics Wed, 14 Nov 2018 15:57:11 EST A leading traffic analytics company has compiled a detailed portrait of driver behavior on roads surrounding more than 125,000 schools across the country. Walmart partners with Ford on autonomous vehicles http://www.autonews.com/article/20181114/MOBILITY/181119900/walmart-ford-autonomous-delivery-retail Wed, 14 Nov 2018 06:00:00 EST Ford and Walmart have started a joint pilot to explore how the companies can use self-driving vehicles to deliver groceries and other consumer goods. E.U. would strike back at U.S. car tariffs, trade chief warns http://www.autonews.com/article/20181114/OEM/181119864/e-u-would-strike-back-at-u-s-car-tariffs-trade-chief-warns Wed, 14 Nov 2018 18:16:17 EST The European Union would retaliate against any U.S. decision to impose tariffs on car imports, though the bloc hopes it can avoid such a confrontation, European Trade Commissioner Cecilia Malmstrom said. Why Ford will stop selling Explorers in smaller overseas markets http://www.autonews.com/article/20181114/OEM02/181119869/ford-explorer-sales-global Wed, 14 Nov 2018 16:11:12 EST The automaker is adjusting where it sells certain models and is reducing the number of available parts on a number of vehicles as it looks to maximize profits amid a global restructuring. Ford 'will figure it out,' retired CEO Mulally says http://www.autonews.com/article/20181114/OEM/181119865/mulally-ford-will-figure-it-out Wed, 14 Nov 2018 18:14:11 EST Despite the headwinds it faces today, including new mobility services that are disrupting the status quo in the auto industry, Ford Motor Co. Ford dealership in S. Calif. faces backlash over 'smoking hot' sales promotion http://www.autonews.com/article/20181114/RETAIL07/181119862/ford-dealership-in-s-calif-faces-backlash-over-smoking-hot-sales Wed, 14 Nov 2018 18:40:09 EST A Southern California Ford dealership is facing heavy criticism for "smoking hot" promotions on new vehicles launched during what have become the Uber revenue slows as quarterly loss surges to $1.1 billion http://www.autonews.com/article/20181114/MOBILITY/181119867/uber-profits-revenue-quarter-scooters Wed, 14 Nov 2018 16:48:37 EST Uber's sales are dramatically slowing even as the ride-hailing company is spending more to fuel global growth, particularly in its food delivery business. Car buyers like texting with their dealerships, study shows http://www.autonews.com/article/20181114/RETAIL/181119868/sales-satisfaction-study-jd-power Wed, 14 Nov 2018 16:24:31 EST Porsche tops the luxury segment, while the Mini brand ranked highest in the mass-market segment in J.D. Power's latest sales satisfaction study. Key House Democrat demands changes to new NAFTA deal http://www.autonews.com/article/20181114/OEM01/181119875/nafta-democrats-trump-congress Wed, 14 Nov 2018 13:39:13 EST President Donald Trump's new trade deal with Canada and Mexico needs changes to win support from Democrats, according to a senior House Democrat in line to influence trade policy in the new Congress. Why the EPA is giving auto dealerships a break on airbag disposal rules http://www.autonews.com/article/20181114/RETAIL07/181119883/airbags-dealerships-epa-hazardous Wed, 14 Nov 2018 10:55:42 EST The EPA will waive some hazardous waste regulations for auto dealerships and other businesses disposing of airbags in hopes of ensuring proper disposal of potentially deadly Takata airbag inflators. Aston Martin confirms DBX name for crossover http://www.autonews.com/article/20181114/COPY01/311149942/aston-martin-dbx-crossover Wed, 14 Nov 2018 00:01:00 EST Aston Martin could create "beautiful dimensions" for the DBX crossover because designers were not limited by using a shared platform when building the car, CEO Andy Palmer said. Karma partners with online car-shopping platform http://www.autonews.com/article/20181114/RETAIL/181119879/karma-partners-with-online-car-shopping-platform Wed, 14 Nov 2018 11:52:03 EST Karma Automotive, formerly Fisker Automotive, has partnered with Drive Motors, an online car-shopping and financing platform, in an effort to expand its scope despite its small dealership count. Can Lime make car-sharing work like its scooters? http://www.autonews.com/article/20181114/MOBILITY/181119886/lime-car-sharing-seattle-scooters Wed, 14 Nov 2018 09:38:54 EST Lime, the scooter startup company that has spread bikes and scooters around the country over the last year, will start spreading around Lime-branded cars, too. Redesigned 2020 Kia Soul stays funky for Los Angeles Auto Show http://www.autonews.com/article/20181114/OEM04/181119899/kia-soul-redesign-los-angeles-auto-show Wed, 14 Nov 2018 09:00:00 EST Kia keeps its boxy Soul urban runabout true to its funky inner spirit with the unveiling of the third generation at this month's Los Angeles Auto Show. Why Daimler is opening a second randd center in China http://www.autonews.com/article/20181114/COPY01/311149957/daimler-rd-china Wed, 14 Nov 2018 05:24:40 EST Daimler plans to invest 1.1 billion yuan ($158.23 million) in a second randd center in Beijing to help accelerate localization of Mercedes vehicles in China. Elon Musk's 'Teslaquila' prompts sobering opposition from the tequila industry http://www.autonews.com/article/20181114/OEM02/181119891/elon-musk-tesla-teslaquila-tequila-dispute Wed, 14 Nov 2018 06:16:01 EST Elon Musk and Mexico's tequila producers could be headed for a collision after the drink's industry group opposed the Tesla CEO's efforts to trademark an alcoholic drink dubbed "Teslaquila." BMW expands M3 sedan lineup for 2020 with semi-automated driving features http://www.autonews.com/article/20181113/OEM04/181119917/bmw-3-series-performance-sedans Tue, 13 Nov 2018 09:39:30 EST The 2020 BMW M340i and M340i xDrive sedans offer an array of sensors and technologies to lighten the load of driving, including a semi-automated driving system that allows for hands-free and pedal-free driving. U.S. holds off on car tariffs -- for now http://www.autonews.com/article/20181113/OEM01/181119898/trump-tariff-trade-negotiations-europe Tue, 13 Nov 2018 22:26:24 EST The Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, Bloomberg reported. BMW may sell U.S. credit-card business, report says http://www.autonews.com/article/20181113/COPY01/311139971/bmw-may-sell-u-s-credit-card-business-report-says Tue, 13 Nov 2018 05:05:46 EST BMW is one of the last major consumer companies to still own and manage its card portfolio. The automaker has held talks with banks about selling its credit-card portfolio, sources told Bloomberg. Chinese automaker Zotye begins recruiting U.S. dealers, plans to sell budget crossover http://www.autonews.com/article/20181113/RETAIL07/181119916/chinese-automaker-zotye-begins-recruiting-u-s-dealers-plans-to-sell Tue, 13 Nov 2018 10:15:00 EST China's Zotye Automobile International has begun recruiting U.S. dealers and has charged two import-industry veterans with the task of bringing a budget crossover to America in 2020. California counters Trump administration on emissions regulations http://www.autonews.com/article/20181113/OEM05/181119901/california-emissions-epa-regulation Tue, 13 Nov 2018 22:03:26 EST California has countered President Donald Trump's proposed rollback of fuel economy and greenhouse gas requirements for cars and trucks, the acting head of the EPA said. Why Tesla, GM and Nissan are working together http://www.autonews.com/article/20181113/OEM05/181119907/automakers-federal-tax-credit-lobbying Tue, 13 Nov 2018 16:09:08 EST The EV Drive Coalition, which counts Tesla, General Motors and Nissan among its members, formally launched with the goal of getting Congress to extend the $7,500 per-vehicle consumer tax credit. Ford Ranger will offer aftermarket parts through Yakima partnership http://www.autonews.com/article/20181113/OEM10/181119931/ford-ranger-aftermarket-warranty Tue, 13 Nov 2018 06:00:00 EST Ford is partnering with Yakima and working through its dealers to offer 150 parts and accessories for its new midsize pickup, including bed racks, tow hooks and paddleboard carriers. All parts come with a 3-year/36,000-mile Ford warranty. Ford's 2020 baby Bronco off-roader emerges in photos from dealer meeting http://www.autonews.com/article/20181113/OEM04/181119911/ford-baby-bronco-photos-leaked Tue, 13 Nov 2018 12:38:04 EST Photos leaked from Ford's annual dealer meeting last month in Las Vegas provide the first public look at the so-called baby Bronco, an upcoming off-road compact crossover. Henry Stanford, co-founder of Michigan's Varsity Automotive Group, dies at 70 http://www.autonews.com/article/20181113/RETAIL07/181119912/stanford-ford-varsity-michigan-lincoln-obituary Tue, 13 Nov 2018 12:25:05 EST Henry Stanford, who co-founded Michigan's Varsity Automotive Group, died on Friday. He was 70. Toyota exec touts ethanol hybrids, laments Brazil economy http://www.autonews.com/article/20181113/OEM05/181119914/toyota-brazil-hybrid-sales-retail Tue, 13 Nov 2018 10:36:38 EST Toyota's new ethanol hybrid vehicle being developed in Brazil is exceeding all the manufacturer's expectations, a top executive said. Johnson Controls reaches $13.2 billion deal to sell its auto battery unit http://www.autonews.com/article/20181113/COPY01/311139950/johnson-controls-battery-business-sale Tue, 13 Nov 2018 09:06:16 EST Johnson Controls said it would sell its power solutions business, which makes car batteries, to a Canadian investment firm in a cash deal valued at $13.2 billion. Tesla lawyer leaves following SEC settlement http://www.autonews.com/article/20181113/OEM05/181119922/tesla-lawyer-securities-musk-legal Tue, 13 Nov 2018 06:33:14 EST An experienced securities lawyer has left Tesla just as the company needs one under its fraud settlement with U.S. regulators. Waymo's next big move into robotaxis will launch next month http://www.autonews.com/article/20181113/COPY01/311139969/waymo-driverless-taxi-arizona Tue, 13 Nov 2018 05:52:05 EST Waymo is planning to launch the world's first commercial robotaxi service in early December in Phoenix., Bloomberg reported. VW's CEO Herbert Diess says big changes are ahead for automaker, 'big potential' in United States http://www.autonews.com/article/20181112/OEM08/181119995/vw-ceo-united-states-talk-from-the-top-qa Mon, 12 Nov 2018 00:01:00 EST Herbert Diess has been CEO of Volkswagen Group only since April, yet the 60-year-old former BMW executive now heading one of the world's largest automakers has a clear vision of where he wants to lead his company. VW CEO Herbert Diess says automaker can help make EVs mainstream http://www.autonews.com/article/20181112/OEM05/181119969/vw-electric-cars-future Mon, 12 Nov 2018 00:01:00 EST If electric vehicles fail to catch on globally over the next several years, it won't be because Volkswagen didn't try, CEO Herbert Diess says. Toyota's Lentz wields the ax as headquarters demands fatter profits http://www.autonews.com/article/20181112/OEM/181119965/toyota-lentz-cost-cuts-prius Mon, 12 Nov 2018 00:01:00 EST Toyota's North America CEO Jim Lentz is looking to chop unpopular nameplates from the U.S. lineup as bosses in Japan order him to restore sagging profitability to record levels. Jeep teaser leaks 2020 Wrangler-based pickup debut http://www.autonews.com/article/20181112/OEM01/181119956/jeep-pickup-wrangler-debut Mon, 12 Nov 2018 00:01:00 EST We know Jeep is building a Wrangler-inspired pickup -- it's just a matter of what it'll be named, what it will look like and when it will show up. Well, the folks at JeepScrambler Forum answered one of those questions -- the when. Jeep pickup to be called Gladiator, enthusiast website says http://www.autonews.com/article/20181112/OEM04/181119938/jeep-pickup-to-be-called-gladiator-enthusiast-website-says Mon, 12 Nov 2018 12:30:00 EST We know Jeep is building a Wrangler-inspired pickup -- it's just a matter of what it'll be named, what it will look like and when it will show up. Well, the folks at JeepScrambler Forum answered some of those questions. Plan for your future, or plan to cash out, car dealers told http://www.autonews.com/article/20181112/RETAIL07/181119950/alert-to-dealers-plan-for-your-future-or-plan-to-cash-out Mon, 12 Nov 2018 00:01:00 EST Presidio Group, a dealership buy-sell advisory firm, recommends that its clients create a conversion plan to serve the future industry or opt to sell their dealerships ahead of predicted dealership disruption from autonomous vehicles. FCA picks Gardner to lead Maserati in North America http://www.autonews.com/article/20181112/OEM02/181119928/maserati-north-america-executive-gardner Mon, 12 Nov 2018 21:15:43 EST Al Gardner, the head of FCA's dealer network in North America, will steer Maserati in the region. Gardner, 54, will report to Jean-Philippe Leloup, who joins Maserati from Ferrari. U.S. car-import probe advances as Trump plans trade team meeting, report says http://www.autonews.com/article/20181112/OEM01/181119932/trump-tariff-politics-europe-asia Mon, 12 Nov 2018 16:23:39 EST The White House is circulating a draft report by the U.S. Commerce Department over whether to impose tariffs on automobile imports to protect national security, Bloomberg reported Rivian buys into Normal http://www.autonews.com/article/20181112/OEM01/181119978/rivian-normal-mitsubishi-electric Mon, 12 Nov 2018 00:01:00 EST Rivian weighed the choices of greenfield, contract manufacturing or a brownfield site. In the end, Mitsubishi's trained work force made the decision easy. Maven to allow non-GM vehicles on sharing platform http://www.autonews.com/article/20181112/MOBILITY/181119934/general-motors-maven-car-sharing-mobility Mon, 12 Nov 2018 14:47:37 EST Maven plans to open its peer-to-peer car-sharing program to non-General Motors vehicles in mid-2019. Will Canada go its own way on emissions regulations? http://www.autonews.com/article/20181112/COPY01/311129949/emissions-regulations-canada-united-states-trump Mon, 12 Nov 2018 12:54:43 EST Canada could find itself drawn into the tussle over U.S. emissions standards if a review of current regulation leads to their relaxation. Chase Auto unifies marketing, direct lending http://www.autonews.com/article/20181112/FINANCE_AND_INSURANCE/181119982/chase-marketing-auto-services-lending Mon, 12 Nov 2018 00:01:00 EST Chase Auto has handed responsibility for direct lending to its chief marketing officer, part of an effort to unify its customer-facing business and present services beyond traditional auto lending. Daimler CFO set to become Thyssenkrupp chairman, report says http://www.autonews.com/article/20181112/OEM02/181119937/daimler-cfo-set-to-become-thyssenkrupp-chairman-report-says Mon, 12 Nov 2018 12:49:02 EST Thyssenkrupp will propose outgoing Daimler CFO, Bodo Uebber, as a candidate for its supervisory board, with the aim of installing him as chairman, Reuters reported, citing two sources familiar with the matter. World Omni and Lincoln, Mercedes-Benz captives lead in consumer financing satisfaction http://www.autonews.com/article/20181112/FINANCE_AND_INSURANCE/181119939/world-omni-and-lincoln-mercedes-benz-captives-lead-in-consumer Mon, 12 Nov 2018 12:25:48 EST Lincoln Automotive Financial Services and Mercedes-Benz Financial Services tied as the highest ranked luxury-brand auto lenders in J.D. Power's 2018 U.S. Consumer Financing Satisfaction Study, while World Omni Financial Corp. U.S. car-tariff truce with Europe may end soon, EU's Juncker signals http://www.autonews.com/article/20181112/COPY01/311129968/trump-tariffs-europe-juncker Mon, 12 Nov 2018 08:57:03 EST European Commission President Jean-Claude Juncker signaled that Europe's avoidance of extra U.S. car tariffs might last only until year-end, the latest sign of fragility in the trans-Atlantic truce. Internal combustion engine keeps improving as EV hype grows http://www.autonews.com/article/20181112/OEM06/181119968/ev-electric-gasoline-engine-technology Mon, 12 Nov 2018 00:01:00 EST This may be the dawn of the electric vehicle era, but 2018 has been a phenomenal year for the humble internal combustion engine. New CEO brings tech chops to CDK Global http://www.autonews.com/article/20181112/OEM02/181119951/krzanich-cdk-tech-ceo Mon, 12 Nov 2018 00:01:00 EST New CDK Global CEO Brian Krzanich has no experience in the auto industry, but he might just have the tech skills the company needs. Volvo's 'Care' subscription service coping with its success http://www.autonews.com/article/20181112/RETAIL/181119952/volvo-care-subscription Mon, 12 Nov 2018 00:01:00 EST Volvo's early success with its car subscription plan has put the company in an enviable position as automakers tinker with business models that don't revolve around traditional car ownership. Data helps solve pre-owned sales puzzle http://www.autonews.com/article/20181112/RETAIL04/181119976/data-pre-owned-retail Mon, 12 Nov 2018 00:01:00 EST Margin compression in the used-vehicle market has made knowing the intricacies of data more important than ever for dealers. Kia's Han-woo Park says design, quality will push Kia to next level http://www.autonews.com/article/20181112/OEM08/181119998/kia-ceo-interview-qa Mon, 12 Nov 2018 00:01:00 EST Han-woo Park says Kia is graduating from its position as a fast follower to being a global leader in such areas as design and quality. The Kia CEO also wants to build up the brand's light-truck lineup. Former NFL players' auto dealerships lose franchises http://www.autonews.com/article/20181112/RETAIL07/181119993/former-nfl-players-stores-lose-franchises Mon, 12 Nov 2018 00:01:00 EST A once-prospering dealership group has lost franchises at two of its dealerships in Pennsylvania, while two Michigan dealerships have closed. Pennsylvania congressional race another tough job for Boerio http://www.autonews.com/article/20181112/OEM02/181119960/congress-boerio-democrat-reschenthaler Mon, 12 Nov 2018 00:01:00 EST Former Jaguar chief Bibiana Boerio knew the Pennsylvania congressional seat would be a tough job. It was. She lost 58 percent to 42 percent to Republican Guy Reschenthaler. GM's revived credit business helps finance its future http://www.autonews.com/article/20181112/FINANCE_AND_INSURANCE/181119967/gm-financial-captive-dividend Mon, 12 Nov 2018 00:01:00 EST GM Financial is expected to serve as a fount of profits for General Motors to fund investments in emerging technologies. Findlay Honda creates comfort zone for customers http://www.autonews.com/article/20181112/RETAIL01/181119997/findlay-honda-finance-insurance-customers Mon, 12 Nov 2018 00:01:00 EST Finance directors have different ways of approaching customer interviews. Relying on the sales team works for some, while others want more independence. NAAA boosts effort to recruit more technicians for auto auction industry http://www.autonews.com/article/20181112/RETAIL01/181119954/naaa-auto-auction-technicians Mon, 12 Nov 2018 00:01:00 EST The National Auto Auction Association is spending $125,000 on two initiatives to help members find and hire more technicians. Export scams and schemes create enforcement morass http://www.autonews.com/article/20181112/LEGALFILE/181119953/export-scam-port-fraud-chargebacks Mon, 12 Nov 2018 00:01:00 EST The challenge for law enforcement is separating legitimate shipments from illegal ones in the murky area between criminal fraud and breach of private contracts. VW CEO Diess on FCA's attentions http://www.autonews.com/article/20181112/OEM01/181119961/vw-fca-marchionne-diess-consolidation Mon, 12 Nov 2018 00:01:00 EST VW CEO Herbert Diess, in a recent interview with Automotive News, said the company was "not very agressive in listening" to the aggressive advances of FCA, which was interested in a possible consolidation. GM's electric bike business is old hat, er, helmet http://www.autonews.com/article/20181112/OEM01/181119959/gm-electric-bike-history Mon, 12 Nov 2018 00:01:00 EST General Motors' announcement that it plans to market a line of electric bikes marks a return to an industry where the company was once a major player. Subaru quality problems extend to U.S. http://www.autonews.com/article/20181112/OEM/181119964/subaru-quality-problems-extend-to-u-s Mon, 12 Nov 2018 00:01:00 EST Subaru has been dogged by rising quality problems in Japan. The lapses are now bleeding into the all-important U.S., and global President Tomomi Nakamura isn't happy. Carvana expansion not impeded by wider losses http://www.autonews.com/article/20181112/RETAIL04/181119966/carvana-loss-expansion-tesla-dealership-world Mon, 12 Nov 2018 00:01:00 EST Carvana Co.'s aggressive growth shows no sign of slowing: The online used-car retailer continues to charge into new markets on the strength of investor backing and improving vehicle sales and gross profit. Net profit, however, remains elusive. Next Mazda3 takes mild hybrid approach http://www.autonews.com/article/20181112/OEM04/181119971/los-angeles-auto-show-mazda3 Mon, 12 Nov 2018 00:01:00 EST Mazda pulls the curtains on its next-generation Mazda3 small car at this month's Los Angeles Auto Show, kicking off a new era of performance-oriented vehicle platforms and Skyactiv-X drivetrains. New vehicle inventories make sharp jump in October http://www.autonews.com/article/20181112/RETAIL01/181119992/united-states-new-car-inventory Mon, 12 Nov 2018 00:01:00 EST U.S. new-vehicle inventories rose sharply last month, reaching the highest level for the start of November since 2014. Carter Myers Automotive prioritizes female service advisers http://www.autonews.com/article/20181112/RETAIL/181119990/carter-myers-automotive-female-service Mon, 12 Nov 2018 00:01:00 EST At Carter Myers Automotive, 18 of 40 service advisers #8212; 45 percent #8212; are women. That puts the retailer well beyond its peers, and the dealership group is reaping benefits in parts-and-service sales and customer outreach. Ford signals more willingness to partner on driverless cars http://www.autonews.com/article/20181111/MOBILITY/311119994/ford-driverless-cars-volkswagen Sun, 11 Nov 2018 03:34:20 EST Ford is open to working with foreign rivals to expand self-driving services internationally, the Financial Times reported. VW CEO Herbert Diess says automaker has put most of its diesel emissions scandal in the past http://www.autonews.com/article/20181111/OEM/181119970/vw-diesel-scandal-fallout-future Sun, 11 Nov 2018 00:01:00 EST CEO Herbert Diess says that, thanks in part to a global strategy shift to electric vehicles and efforts to clean up its own house after spending more than $30 billion to make things right, VW has put "most" of the diesel scandal in the past.