Automotive News Breaking News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Fri, 6 May 2016 06:00:00 EST Mann+Hummel closes on Affinia acquisition http://www.autonews.com/article/20160506/OEM10/160509920/mann-hummel-closes-on-affinia-acquisition Fri, 6 May 2016 00:01:00 EST German supplier Mann+Hummel said it closed on its acquisition of North Carolina-based Affinia Group's filtration operations. The deal was reportedly valued at $513 million. GM and Lyft to test self-driving Chevy Bolt taxis, report says http://www.autonews.com/article/20160505/OEM06/160509921/gm-and-lyft-to-test-self-driving-chevy-bolt-taxis-report-says Thu, 5 May 2016 16:16:30 EST General Motors and Lyft will reportedly begin testing self-driving Chevrolet Bolt taxis on public roads within a year. TrueCar losses stabilize as dealer count rebounds http://www.autonews.com/article/20160505/RETAIL07/160509919/truecar-losses-stabilize-as-dealer-count-rebounds Thu, 5 May 2016 17:35:01 EST Car-shopping website TrueCar posted a first-quarter loss of $11.7 million, up slightly from $11.6 million, as the company expanded its roster of dealers and had a hand in more transactions. The hidden demand for self-driving vehicles http://www.autonews.com/article/20160505/BLOG06/160509922/the-hidden-demand-for-self-driving-vehicles Thu, 5 May 2016 15:55:52 EST If you want to understand the market for a self-driving vehicle, don't listen to what consumers say. Watch what they do. Tesla shares fall 5% on cash concerns, doubt about manufacturing goals http://www.autonews.com/article/20160505/OEM05/160509924/tesla-shares-fall-5-on-cash-concerns-doubt-about-manufacturing-goals Thu, 5 May 2016 14:12:30 EST Tesla Motors shares fell 5 percent today after the company, aiming to dramatically boost production, withdrew its projection to generate more cash than it uses this year and said it will probably need to raise capital. Audi's Marvel tie-in helped propel the brand http://www.autonews.com/article/20160505/RETAIL03/305099999/audis-marvel-tie-in-helped-propel-the-brand Thu, 5 May 2016 10:07:49 EST Marvel Cinematic Universe and its growing catalog of movies and shows is a lush environment for automakers looking to attach themselves to pop-culture icons and big audiences. CDK faces investor pressure to streamline or explore a sale http://www.autonews.com/article/20160505/RETAIL07/160509923/cdk-faces-investor-pressure-to-streamline-or-explore-a-sale Thu, 5 May 2016 15:00:00 EST Elliott Management stepped up pressure on dealership vendor CDK Global, saying the software company needed to streamline operations or explore a sale. Automakers, states urge White House to reject plan to open spectrum http://www.autonews.com/article/20160505/OEM06/160509929/automakers-states-urge-white-house-to-reject-plan-to-open-spectrum Thu, 5 May 2016 09:11:50 EST A group of more than 50 automakers, state transportation agencies and other groups today urged the White House and other federal policymakers not to immediately open a portion of the wireless spectrum reserved for connected vehicles. Magna's Q1 profit rises on increased vehicle production, Getrag acquisition http://www.autonews.com/article/20160505/OEM10/160509928/magnas-q1-profit-rises-on-increased-vehicle-production-getrag Thu, 5 May 2016 09:20:16 EST Canadian auto supplier Magna International today reported an 8 percent rise in first-quarter profit, helped by higher vehicle production in North America and Europe along with the completion of a major acquisition. Nissan recalls 108,503 Rogues for potential liftgate corrosion http://www.autonews.com/article/20160505/OEM11/160509926/nissan-recalls-108503-rogues-for-potential-liftgate-corrosion Thu, 5 May 2016 12:35:53 EST Nissan is recalling 108,503 Rogue crossovers for potential corrosion in the rear liftgate support device. Fiat Chrysler says self-driving car deal with Google not exclusive http://www.autonews.com/article/20160505/OEM01/160509927/fiat-chrysler-says-self-driving-car-deal-with-google-not-exclusive Thu, 5 May 2016 10:18:33 EST A newly-struck deal between Google and Fiat Chrysler Automobiles for a fleet of 100 self-driving cars is not exclusive, Fiat's Chief Executive Sergio Marchionne said today. Billions are being invested in driverless cars that Americans don't want http://www.autonews.com/article/20160505/OEM06/160509930/billions-are-being-invested-in-driverless-cars-that-americans-dont Thu, 5 May 2016 06:48:38 EST The driverless revolution is racing forward, as inventors overcome technical challenges such as navigating at night and regulators craft new rules. Yet the rush to robot cars faces a big roadblock: People aren't ready to give up the wheel. Ford, looking to speed tech rollout, pours $182.2M into software company Pivotal http://www.autonews.com/article/20160505/OEM06/160509933/ford-looking-to-speed-tech-rollout-pours-182-2m-into-software Thu, 5 May 2016 07:30:00 EST Ford is investing $182.2 million in the Silicon Valley software company behind its new FordPass smartphone app, as it works to develop and roll out technology to customers faster. Tesla posts $282 million 1st-quarter loss http://www.autonews.com/article/20160504/OEM/160509936/tesla-posts-282-million-1st-quarter-loss Wed, 4 May 2016 17:15:00 EST Customer deposits for the $35,000-and-up Model 3 sedan helped Tesla raise cash on hand during the first quarter of 2016 as it reported a wider net loss of $282 million. Revenue rose 22 percent to $1.1 billion. Cooper-Standard Automotive parent posts 46% increase in Q1 net income http://www.autonews.com/article/20160504/OEM10/160509932/cooper-standard-automotive-parent-posts-46-increase-in-q1-net-income Wed, 4 May 2016 18:14:42 EST Cooper-Standard Holdings posted net income of $30.6 million in the first quarter, a 46 percent rise driven by an acquisition and record revenue. Takata's fight for survival gets even harder as airbag recall widens http://www.autonews.com/article/20160504/OEM10/160509953/takatas-fight-for-survival-gets-even-harder-as-airbag-recall-widens Wed, 4 May 2016 07:01:14 EST The world's largest automotive safety recall is about to get even bigger, adding to the hurdles that Japanese airbag supplier Takata is battling to survive the crisis. 2 top Tesla manufacturing execs to leave as biggest challenge looms http://www.autonews.com/article/20160504/OEM02/160509943/2-top-tesla-manufacturing-execs-to-leave-as-biggest-challenge-looms Wed, 4 May 2016 12:51:08 EST Two top manufacturing executives are leaving Tesla Motors, including the global head of production, at a time when the electric-car company is preparing to launch its most important car: the mass-production Model 3. Average fuel economy dips, likely driven by rising pickups, SUVs, researchers say http://www.autonews.com/article/20160504/OEM05/160509934/average-fuel-economy-dips-likely-driven-by-rising-pickups-suvs Wed, 4 May 2016 16:01:53 EST After a record-breaking April for light-vehicle sales, the average fuel economy of those vehicles dipped slightly from March, a University of Michigan Transportation Research Institute report said. Subprime auto lender Credit Acceptance subpoenaed by Maryland http://www.autonews.com/article/20160504/FINANCE_AND_INSURANCE/305049927/subprime-auto-lender-credit-acceptance-subpoenaed-by-maryland Wed, 4 May 2016 09:30:00 EST Credit Acceptance Corp. received a subpoena from the Maryland attorney general regarding the subprime auto lender's repossession and sales policies. BASF says tomorrow's vehicle colors could vary with your vantage point http://www.autonews.com/article/20160504/OEM03/160509935/basf-says-tomorrows-vehicle-colors-could-vary-with-your-vantage-point Wed, 4 May 2016 15:52:49 EST In a few years, the color of a new vehicle could vary depending on where you're standing. That's according to supplier BASF Corp.'s automotive division, which today highlighted 65 striking colors here that it said could be on vehicles by 2020. U.S. orders massive expansion of Takata recalls http://www.autonews.com/article/20160504/OEM11/160509942/u-s-orders-massive-expansion-of-takata-recalls Wed, 4 May 2016 13:25:48 EST U.S. Auctions sold more cars for more money in 2015, survey shows http://www.autonews.com/article/20160504/RETAIL04/160509940/auctions-sold-more-cars-for-more-money-in-2015-survey-shows Wed, 4 May 2016 14:37:26 EST Last year was a robust one for the auto-auction business, both in vehicles sold and prices paid. National Auto Auction Association member auctions sold 9.3 million vehicles in 2015, up 6. Off-lease cars, repos buoy ADESA Q1 revenue, profits http://www.autonews.com/article/20160504/RETAIL04/160509938/off-lease-cars-repos-buoy-adesa-q1-revenue-profits Wed, 4 May 2016 14:55:54 EST The parent company of ADESA reported double-digit increases in net income and revenue in its fiscal first quarter, which ended March 31, largely due to a strong performance by the auction giant. Delphi doubles Q1 net income following acquisition, global growth http://www.autonews.com/article/20160504/OEM10/160509948/delphi-doubles-q1-net-income-following-acquisition-global-growth Wed, 4 May 2016 09:29:22 EST Delphi Automotive's net income more than doubled in the first quarter of this year, over the same quarter last year, due to the acquisition of HellermanTyton Group and increased demand around the world. EV-charging network ChargePoint gets $50 million in funding http://www.autonews.com/article/20160504/OEM05/160509954/ev-charging-network-chargepoint-gets-50-million-in-funding Wed, 4 May 2016 06:35:14 EST Electric vehicle-charging network ChargePoint said on Tuesday it had received an additional $50 million in funding to allow the Silicon Valley company to expand beyond its current 27,000 public charging stations. Ford develops mobile aeroacoustic wind tunnel http://www.autonews.com/article/20160504/OEM06/160509963/ford-develops-mobile-aeroacoustic-wind-tunnel Wed, 4 May 2016 00:01:00 EST Ford is taking wind-tunnel testing on the road, so that its engineers and the vehicles they test can spend less time traveling around the country. Sales advance 3.5% on fatter deals, truck volume; SAAR rebounds to 17.42M http://www.autonews.com/article/20160503/RETAIL01/160509999/sales-advance-3-5-on-fatter-deals-truck-volume-saar-rebounds-to-17 Tue, 3 May 2016 08:30:00 EST Led by gains at Honda, Nissan, Toyota, Fiat Chrysler and Ford, U.S. light-vehicle sales increased 3.5 percent to 1.506 million in April, a record for the month. FCA, Google confirm plan for self-driving prototypes based on hybrid Chrysler Pacifica http://www.autonews.com/article/20160503/OEM06/160509974/fca-google-confirm-plan-for-self-driving-prototypes-based-on-hybrid Tue, 3 May 2016 07:40:03 EST Google has agreed to buy 100 plug-in hybrid minivans from Fiat Chrysler to expand its self-driving vehicle testing program, the two companies said today in the most advanced partnership to date between Silicon Valley and a carmaker. Mercedes-Benz pickup takes shape http://www.autonews.com/article/20160503/OEM04/160509980/mercedes-benz-pickup-takes-shape Tue, 3 May 2016 11:00:00 EST The joint effort between the Renault-Nissan Alliance and Daimler AG that is expected to yield a pickup for Daimler's Mercedes-Benz subsidiary is starting to bear fruit. Next-generation Jeep Wrangler breaks cover http://www.autonews.com/article/20160503/OEM04/160509966/next-generation-jeep-wrangler-breaks-cover Tue, 3 May 2016 15:59:30 EST Spy photographers have captured their first shots of the redesigned 2018 Jeep Wrangler driving about near Fiat Chrysler's North American headquarters in Auburn Hills, Mich. Toyota gets another boost from light trucks http://www.autonews.com/article/20160503/RETAIL01/305039991/toyota-gets-another-boost-from-light-trucks Tue, 3 May 2016 18:00:00 EST Toyota Motor Sales posted a 3.8 percent sales increase in April, moving 211,125 vehicles for the month. Sales at the Toyota division, including Scion, rose 5 percent to 186,243 vehicles. Record car sales charge up Nissan in April http://www.autonews.com/article/20160503/RETAIL01/305039993/record-car-sales-charge-up-nissan-in-april Tue, 3 May 2016 15:00:00 EST Big gains in Altima, Maxima and Sentra deliveries helped lift the Nissan brand to 113,429 sales in April, a 14 percent increase over April 2015 and a record for the month. American Honda gets lift from core cars, Odyssey to set record http://www.autonews.com/article/20160503/RETAIL01/305039992/american-honda-gets-lift-from-core-cars-odyssey-to-set-record Tue, 3 May 2016 14:00:00 EST American Honda posted its best April on record, with U.S. sales rising 14 percent to 148,829 vehicles on strong car and light-truck demand. The Honda division set a monthly record, as well, with volume advancing 15 percent to 132,623 vehicles. Hyundai blames 'softness' in cars for Elantra's spring swoon http://www.autonews.com/article/20160503/RETAIL01/305039994/hyundai-blames-softness-8217-in-cars-for-elantra-8217-s-spring-swoon Tue, 3 May 2016 16:00:00 EST Just three months after Hyundai Motor Co. launched a clean-sheet redesign of the Elantra sedan, its best-selling car in the U.S. Canadian sales rise 6%, set new monthly record http://www.autonews.com/article/20160503/RETAIL01/305039998/canadian-sales-rise-6-set-new-monthly-record Tue, 3 May 2016 12:00:00 EST Light-vehicle sales in Canada grew 6 percent in April to a record 200,327 deliveries, according to an industry report. Ford and FCA led the way with double-digit gains. Ford preps new engine, transmission for '17 F-150 Raptor, 3.5-liter EcoBoost models http://www.autonews.com/article/20160503/OEM04/160509967/ford-preps-new-engine-transmission-for-17-f-150-raptor-3-5-liter Tue, 3 May 2016 15:45:00 EST More pieces of the Ford F-150 puzzle are coming together. The redesigned 2015 F-150 received aluminum body panels instead of steel. For 2017, two models will get a new powertrain. GM sales drop 3.5% as rental sales slide; retail deliveries rise 12th straight month http://www.autonews.com/article/20160503/RETAIL01/305039988/gm-sales-drop-3-5-as-rental-sales-slide-retail-deliveries-rise-12th Tue, 3 May 2016 14:00:00 EST GM's April sales fell 3.5 percent, amid another big drop in deliveries to rental companies. GM sold 259,557 vehicles last month. Its retail sales rose for the 12th straight month, up 3. Ford advances as F-series volume tops 70,000 for 2nd straight month http://www.autonews.com/article/20160503/RETAIL01/305039989/ford-advances-as-f-series-volume-tops-70000-for-2nd-straight-month Tue, 3 May 2016 14:00:00 EST Ford sold more than 70,000 F-series pickups in back-to-back months for the first time in a decade, helping the automaker increase its total U.S. sales by 3.6 percent in April. FCA sees 5.6% gain on small Jeeps, pickups, minivans http://www.autonews.com/article/20160503/RETAIL01/305039990/fca-sees-5-6-gain-on-small-jeeps-pickups-minivans Tue, 3 May 2016 14:30:00 EST Continued strong demand for Jeeps and Ram pickups, as well as rebounding minivan volume, boosted FCA US sales 5.6 percent in April. Mercedes widens lead over Lexus, BMW with SUVs http://www.autonews.com/article/20160503/RETAIL01/305039997/mercedes-widens-lead-over-lexus-bmw-with-suvs Tue, 3 May 2016 14:00:00 EST Mercedes-Benz led U.S. sales of luxury autos in April, solidifying its top spot ahead of Toyota's Lexus and the BMW brand as demand for SUVs stayed strong. GMC's redesigned '18 Terrain ditches toaster profile http://www.autonews.com/article/20160503/OEM04/160509985/gmcs-redesigned-18-terrain-ditches-toaster-profile Tue, 3 May 2016 11:00:00 EST The next-generation GMC Terrain will lose its toaster-shaped silhouette, new spy photos indicate. Beyond GM and Ford on gearboxes, a dream list of joint ventures http://www.autonews.com/article/20160503/BLOG06/160509982/beyond-gm-and-ford-on-gearboxes-a-dream-list-of-joint-ventures Tue, 3 May 2016 11:00:00 EST If GM and Ford can work together to save time, money and engineering resources on transmissions, then other automakers could do the same thing on a number of important fronts. VW's U.S. slump hits 6-month mark http://www.autonews.com/article/20160503/RETAIL01/305039995/vws-u-s-slump-hits-6-month-mark Tue, 3 May 2016 12:30:00 EST Continued weakness in the Volkswagen brand's core lineup of passenger cars dragged down its U.S. sales for the sixth consecutive month in April while Audi continued to roll, notching its 64th-straight monthly record. Captain America, not yet in theaters, still tops the charts http://www.autonews.com/article/20160503/VIRALVIDEO/305039987/captain-america-not-yet-in-theaters-still-tops-the-charts Tue, 3 May 2016 00:01:00 EST Audi's superhero-powered spot, 'The Chase,' tops the rankings again this week with 21,771,081 views. Porsche speeds ahead with 911 turbo; purists fret http://www.autonews.com/article/20160502/RETAIL01/305029974/porsche-speeds-ahead-with-911-turbo-purists-fret Mon, 2 May 2016 00:01:00 EST Porsche's U.S. leader thinks sales of the iconic 911 can go higher. Potential buyers nervous about the nameplate's move to turbocharged engines who test out the cars will be won over by its improvements, he says. Porsche to sell Panamera wagon in U.S. http://www.autonews.com/article/20160502/OEM/305029978/porsche-to-sell-panamera-wagon-in-u-s Mon, 2 May 2016 00:01:00 EST Porsche continues to expand its product offering outside traditional sports cars. The brand's U.S. CEO confirms Porsche will begin selling a wagon variant of its Panamera sports sedan in the U.S. The 'junk bond king' held court at 4 a.m. http://www.autonews.com/article/20160502/OEM02/305029983/the-junk-bond-king-held-court-at-4-a-m Mon, 2 May 2016 00:01:00 EST Former Ford and Chrysler public relations chief Jason Vines is out with a new book - this one co-authored by former American Motors CEO Joe Cappy. De Nysschen takes the long view on profit margin http://www.autonews.com/article/20160502/OEM02/305029984/de-nysschen-takes-the-long-view-on-profit-margin Mon, 2 May 2016 00:01:00 EST Cadillac President Johan de Nysschen told Reuters in at the Beijing auto show last week that he is targeting an 11 percent operating margin in 10 years for the brand. Mazda combats sales damage with redesigned CX-9 flagship http://www.autonews.com/article/20160502/RETAIL01/305029996/mazda-combats-sales-damage-with-redesigned-cx-9-flagship Mon, 2 May 2016 00:01:00 EST Mazda executives expect the redesigned CX-9 crossover to reverse the automaker's U.S. market share slump and pull the brand back from the incentives it once vowed to avoid. Subaru aims to sell more Impreza sedans http://www.autonews.com/article/20160502/RETAIL01/305029992/subaru-aims-to-sell-more-impreza-sedans Mon, 2 May 2016 00:01:00 EST Subaru has long leaned on the five-door version of the Impreza for volume in the small-car segment. But with the next-generation arriving this year, Subaru wants the sedan variant to do more heavy lifting.