Automotive News Automakers Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Thu, 19 Oct 2017 06:00:00 EST Ford's $28 billion cash pile doesn't buy love on Wall Street http://www.autonews.com/article/20171019/OEM/171019646/fords-28-billion-cash-pile-doesnt-buy-love-on-wall-street Thu, 19 Oct 2017 06:29:46 EST Ford may be both flush with cash and struggling with its stock price, but new CEO Jim Hackett is in no rush to buy Wall Street's love. Former Opel development chief Forst will help monitor VW http://europe.autonews.com/article/20171019/ANE/171019651/former-opel-development-chief-forst-will-help-monitor-vw Thu, 19 Oct 2017 03:28:47 EST VW Group's U.S.-court appointed monitor Larry Thompson has recruited former Opel development chief Rita Forst to help him oversee the automaker following its diesel-emissions cheating. VW said to back own tech rather than fund Uber rival Gett http://europe.autonews.com/article/20171019/ANE/171019647/vw-said-to-back-own-tech-rather-than-fund-uber-rival-gett Thu, 19 Oct 2017 06:28:26 EST Taxi-app provider Gett is struggling to raise new funds as VW Group, its most significant investor, leans toward backing its own ride-hailing division in the battle against Uber. Northvolt selects Swedish site for battery plant to rival Tesla's Gigafactory http://europe.autonews.com/article/20171019/ANE/171019648/northvolt-selects-swedish-site-for-battery-plant-to-rival-teslas Thu, 19 Oct 2017 06:28:55 EST Sweden's Northvolt has selected a site in the far north of its home country to build Europe's biggest battery factory to rival to Tesla's U.S. Gigafactory, as the company continues to seek the billions of euros needed to finance the scheme. Suppliers to the new Audi Q2 http://www.autonews.comhttp://europe.autonews.com/article/20171019/CUTAWAY01/171019660/suppliers-to-the-new-audi-q2 Thu, 19 Oct 2017 00:01:00 EST Assembly of the all-new Audi Q2 began in July 2016 at Audi's plant in Ingolstadt, Germany. Output is expected to peak at more than 106,000 units next year, according to IHS Markit. Toyota, Honda, Mazda say hoods containing Kobe aluminum are safe http://europe.autonews.com/article/20171019/ANE/171019652/toyota-honda-mazda-say-hoods-containing-kobe-aluminum-are-safe Thu, 19 Oct 2017 03:16:33 EST Toyota, Honda and Mazda said hoods and other parts with aluminum supplied by Kobe Steel are safe, allaying some concerns that Kobe's falsified quality data had compromised safety. Why PSA is axing jobs at Vauxhall's Astra plant http://europe.autonews.com/article/20171019/BLOG15/171019673/why-psa-is-axing-jobs-at-vauxhalls-astra-plant Thu, 19 Oct 2017 00:01:00 EST Vauxhall and PSA have cited declining sales in the compact segment as a reason for cutting 400 jobs at the UK factory that builds Astra cars, which would make sense if customers were turning away from cars such as the Astra Sports Tourer built there. How a move to N.Y. is reshaping Cadillac http://www.autonews.com/article/20171018/RETAIL/171019658/how-a-move-to-n-y-is-reshaping-cadillac Wed, 18 Oct 2017 12:53:30 EST In the three years that Johan de Nysschen has been running Cadillac, he has moved the global headquarters to New York's SoHo and has pushed sales to their highest levels in three decades. Tesla agrees to raise pay at German division http://europe.autonews.com/article/20171018/ANE/171019661/tesla-agrees-to-raise-pay-at-german-division Wed, 18 Oct 2017 11:26:55 EST Tesla and labor leaders at its German engineering unit agreed a new pay structure that will raise workers' salaries by about 30 percent from current levels. VW's Seat drops plans to enter Iranian market http://europe.autonews.com/article/20171018/ANE/171019674/vws-seat-drops-plans-to-enter-iranian-market Wed, 18 Oct 2017 07:25:10 EST VW's Seat brand is no longer looking at entering the Iranian market. The brand said it needs to concentrate on boosting growth in Europe, northern Africa and Latin America. Why there's a need for protocol on self-driving car accidents http://www.autonews.com/article/20171018/BLOG06/171019653/autonomous-safety-accidents-mobileye Wed, 18 Oct 2017 16:56:32 EST As fleets of robo-taxis start mixing on public roads with cars, motorcycles and pedestrians, accidents will be inevitable -- and so will be the need for a process to deal with them. Volvo's Polestar could become a credible BMW, Tesla rival http://www.autonews.com/article/20171018/BLOG06/310189967/volvos-polestar-could-become-a-credible-bmw-tesla-rival Wed, 18 Oct 2017 04:24:03 EST Volvo's Polestar brand claimed some world firsts while unveiling its debut model, the Polestar 1. Polestar's technology could make it a credible rival to the BMW i subbrand and Tesla. Toyota recalls 310,000 Sienna minivans to fix shift lever problem http://www.autonews.com/article/20171018/RETAIL/171019655/toyota-sienna-recall-safety-nhtsa Wed, 18 Oct 2017 15:20:56 EST Toyota is recalling 310,000 Sienna minivans in the U.S. to fix potential problems with shift levers that could cause the vehicle to roll away. Ford says recall of F-150, Super Duty pickups to cost $267 million in Q4 http://www.autonews.com/article/20171018/OEM11/171019669/ford-truck-recall-earnings Wed, 18 Oct 2017 10:08:10 EST Ford recalled 1.3 million 2015-17 F-150 pickups and 2017 Super Duty pickups to fix faulty side door latches. The action will cost the automaker $267 million in the fourth quarter. Illinois scratched from Toyota-Mazda factory sweepstakes http://www.autonews.com/article/20171018/OEM/171019656/illinois-scratched-from-toyota-mazda-factory-sweepstakes Wed, 18 Oct 2017 15:04:09 EST A lack of shovel-ready sites in Illinois and the state's failure to adopt a right-to-work law have helped to sideline the state's bid to land a $1.3 billion assembly plant planned by Toyota and Mazda, a top economic development official says. Toyota to unveil fuel cell family cruiser and city bus http://europe.autonews.com/article/20171018/ANE/171019678/toyota-to-unveil-fuel-cell-family-cruiser-and-city-bus Wed, 18 Oct 2017 05:17:54 EST Toyota is targeting a 1,000-km (620-mile) range for the Fine-Comfort Ride fuel concept that will be unveiled at the Tokyo auto show. GM's Ammann says company moving 'really quickly' on autonomous cars http://europe.autonews.com/article/20171018/ANE/171019677/gms-ammann-says-company-moving-really-quickly-on-autonomous-cars Wed, 18 Oct 2017 05:47:38 EST GM President Dan Ammann says the automaker has the building blocks it needs to deploy a large-scale fleet of robot cars and said the company could see some "interesting developments" by 2021. First Shift: Mark Fields' new focus: Private equity http://www.autonews.com/article/20171018/VIDEO/310189977/first-shift-mark-fields-new-focus-private-equity Wed, 18 Oct 2017 08:30:00 EST Mark Fields' new focus: Private equity; Lexus mulls future of Weinstein Co. partnership; GM now robot-ready?; Mitsu reveals mid-term plan; 'Moon shot' for startups Lucid, Faraday. Alfa Romeo, Maserati production cut after China sales blow http://europe.autonews.com/article/20171018/ANE/171019683/alfa-romeo-maserati-production-cut-after-china-sales-blow Wed, 18 Oct 2017 03:20:12 EST Fiat Chrysler has cut production at Italian factories building the Alfa Romeo Stelvio SUV and Giulia sedan and the Maserati Levante SUV after new Chinese import rules hit sales, according to union sources. Nissan used uncertified inspectors in Japan even after misconduct found http://www.autonews.com/article/20171018/OEM/171019675/nissan-used-uncertified-inspectors-in-japan-even-after-misconduct Wed, 18 Oct 2017 07:08:08 EST Nissan said it conducted uncertified vehicle checks as recently as last week even after revealing the widespread misconduct at its domestic factories. Shell opens first fast EV charging stations in UK http://europe.autonews.com/article/20171018/ANE/171019676/shell-opens-first-fast-ev-charging-stations-in-uk Wed, 18 Oct 2017 06:02:20 EST Royal Dutch Shell has launched a fast-charging service for EVs at three UK service stations near London and in northern England. Auto industry cold on UK joining NAFTA post-Brexit http://europe.autonews.com/article/20171018/BLOG15/171019697/auto-industry-cold-on-uk-joining-nafta-post-brexit Wed, 18 Oct 2017 00:01:00 EST The UK joining the North American Free Trade Agreement is an idea reportedly being floated as an alternative if the country crashes out of the EU in 2019 without a trade deal with the bloc. In practice, the idea is a nonstarter. Volvo's Polestar could become a credible BMW, Tesla rival http://europe.autonews.com/article/20171018/BLOG15/171019681/volvos-polestar-could-become-a-credible-bmw-tesla-rival Wed, 18 Oct 2017 04:24:03 EST Volvo's Polestar brand claimed some world firsts while unveiling its debut model, the Polestar 1. Polestar's technology could make it a credible rival to the BMW i subbrand and Tesla. Mitsubishi checking how Kobe Steel parts affected by false data http://europe.autonews.com/article/20171018/ANE/171019680/mitsubishi-checking-how-kobe-steel-parts-affected-by-false-data Wed, 18 Oct 2017 04:49:00 EST Mitsubishi is investigating how components from suppliers containing Kobe Steel parts have been affected by the steelmaker's falsified data on product quality. Chinese 'white knight' to raise stake in Grammer, report says http://europe.autonews.com/article/20171018/ANE/171019682/chinese-white-knight-to-raise-stake-in-grammer-report-says Wed, 18 Oct 2017 04:07:36 EST Chinese supplier Ningbo Jifeng wants to increase its stake in German interiors maker Grammer to more than 25 percent, Reuters reported. Grammer has been at the center of a power struggle between Bosnia's Hastor family and Ningbo. New Mitsubishi plan targets 30% jump in revenue http://europe.autonews.com/article/20171018/ANE/171019684/new-mitsubishi-plan-targets-30-jump-in-revenue Wed, 18 Oct 2017 02:28:54 EST Mitsubishi unveiled a three-year plan to boost global vehicle sales by 40 percent and revenue by more than 30 percent as it rebounds from a fuel economy scandal by strengthening its utility vehicle lineup and targeting rapid growth in the U.S. Former Ford CEO Mark Fields named senior adviser at TPG Capital http://www.autonews.com/article/20171017/OEM02/171019688/former-ford-ceo-mark-fields-named-senior-adviser-at-tpg-capital Tue, 17 Oct 2017 17:00:00 EST Former Ford Motor CEO Mark Fields has been named a senior adviser at private equity firm TPG Capital, where he will be tasked with helping reinvent companies in the way that he attempted to transform Ford. Mazda begins output of right-hand-drive Tribute http://www.autonews.com/article/20171017/CCHISTORY/171019693/mazda-begins-output-of-right-hand-drive-tribute Tue, 17 Oct 2017 10:11:10 EST Mazda Motor Corp. begins production of the right-hand-drive Tribute crossover in Japan on Oct. 17, 2000. The crossover was developed jointly by Ford and Mazda, with Mazda taking a lead engineering role. BMW mulls new plant in Russia http://europe.autonews.com/article/20171017/ANE/171019875/bmw-mulls-new-plant-in-russia Tue, 17 Oct 2017 00:01:00 EST BMW is considering opening a factory in Russia as the country's new-car sales recover after years of decline. Mitsubishi to accelerate randd, capital spending, report says http://europe.autonews.com/article/20171017/ANE/171019704/mitsubishi-to-accelerate-rd-capital-spending-report-says Tue, 17 Oct 2017 04:39:48 EST Mitsubishi Motors is planning to inject more than 600 billion yen ($5.35 billion) in capital spending and research and development over the next three years, the Nikkei newspaper reported. Lexus re-evaluating partnership with Weinstein Co. http://www.autonews.com/article/20171017/RETAIL03/171019686/lexus-re-evaluating-partnership-with-weinstein-co Tue, 17 Oct 2017 18:05:33 EST Toyota's Lexus brand is evaluating its partnership with film and TV production firm The Weinstein Company after allegations that co-founder Harvey Weinstein sexually harassed or assaulted a number of women for decades. GM clutches tech units despite hype of $30 billion spinoff http://www.autonews.com/article/20171017/OEM/171019690/gm-clutches-tech-units-despite-hype-of-30-billion-spinoff Tue, 17 Oct 2017 13:00:43 EST GM will keep its business units working on self-driving vehicles and car-sharing despite analysts suggesting they could be spun off and valued at as much as $30 billion, according to a top executive. GM donating $5 million to Henry Ford museum http://www.autonews.com/article/20171017/OEM/171019689/gm-the-henry-ford-mark-reuss Tue, 17 Oct 2017 14:17:48 EST With the "game-changing" gift, GM will sponsor the museum's rotating exhibits to help promote science, technology, engineering and mathematics. AutoNews Now: Volvo's Polestar debuts with 600-hp plug-in http://www.autonews.com/article/20171017/VIDEO/310179986/autonews-now-volvos-polestar-debuts-with-600-hp-plug-in Tue, 17 Oct 2017 15:00:00 EST Volvo's Polestar debuts with 600-hp plug-in hybrid; Prescription for subscriptions?; A New York first for GM | Infiniti's leaner lineup; Challenges on the road to self-driving cars. GM to begin testing autonomous vehicles in N.Y. http://www.autonews.com/article/20171017/MOBILITY/171019695/gm-to-begin-testing-autonomous-vehicles-in-n-y Tue, 17 Oct 2017 09:35:29 EST The planned tests by GM and its self-driving unit, Cruise Automation, will be the first by a Level 4 autonomous vehicle in the state, N.Y. Gov. Andrew Cuomo said. Polestar debuts with performance coupe, subscription sales model http://www.autonews.com/article/20171017/OEM04/171019701/volvo-polestar-electric-vehicle-coupe Tue, 17 Oct 2017 07:00:00 EST Volvo and its parent, Zhejiang Geely Holding Group, are initially investing about $752 million in the stand-alone electrified vehicle brand, mostly for a China assembly plant. Volvo's Polestar unveils long-range hybrid coupe http://europe.autonews.com/article/20171017/ANE/171019703/volvos-polestar-unveils-long-range-hybrid-coupe Tue, 17 Oct 2017 05:25:56 EST Volvo's Polestar will build electrified cars in China for global markets, starting with the Polestar 1 high-performance plug-in hybrid coupe. The VW Scirocco is dead (again) http://www.autonews.com/article/20171017/BLOG06/310189999/the-vw-scirocco-is-dead-again Tue, 17 Oct 2017 00:01:00 EST On the occasion of the second departure of the Scirocco from the VW lineup, a brief look at all three generations of the sporty coupe. Reviews of the 2018 GMC Terrain Denali http://www.autonews.com/article/20171017/CRITICS_CORNER/171019694/2018-gmc-terrain-denali-stable-quiet-and-guts Tue, 17 Oct 2017 11:00:00 EST GMC's 2018 Terrain compact crossover gets its first redesign. It's about 400 pounds lighter and 3 inches shorter than the outgoing version and there are three engine options. The top-of-the-line Terrain Denali is powered by a 2. Land Rover design chief dangles more clues on next Defender http://www.autonews.com/article/20171017/BLOG06/171019692/land-rover-design-chief-dangles-more-clues-on-next-defender Tue, 17 Oct 2017 10:35:09 EST The next Defender is the most important vehicle in Land Rover's 70-year history. Uber's European policy chief quits to join Chargepoint http://europe.autonews.com/article/20171017/ANE/171019698/ubers-european-policy-chief-quits-to-join-chargepoint Tue, 17 Oct 2017 09:04:48 EST Uber's head of policy for Europe, Christopher Burghardt, is quitting to join the electric vehicle charging network company Chargepoint. He will oversee the Silicon Valley company's aggressive charging-point expansion plans in Europe. First Shift: New U.S. sales boss at Nissan http://www.autonews.com/article/20171017/VIDEO/310179985/first-shift-new-u-s-sales-boss-at-nissan Tue, 17 Oct 2017 08:30:00 EST New U.S. sales boss at Nissan; 2019 Ram 1500 uncovered; A Bolt experiment in the Big Apple; Contentious talks leave NAFTA fate in doubt; Elio's 3-wheeled challenge. VW's Seat delays naming new SUV amid Spain's Catalonia crisis http://europe.autonews.com/article/20171017/ANE/171019702/vws-seat-delays-naming-new-suv-amid-spains-catalonia-crisis Tue, 17 Oct 2017 05:30:13 EST With Spain focused on the political crisis over Catalonia, VW Group's Spanish division, Seat, has decided to delay announcing the name of its new midsize SUV. U.S. authorities seeking Kobe Steel documents related to data scandal http://www.autonews.com/article/20171017/OEM10/171019699/u-s-authorities-seeking-kobe-steel-documents-related-to-data-scandal Tue, 17 Oct 2017 06:58:28 EST U.S. authorities are seeking Kobe Steel documents related to the company's data cheating scandal, the Japanese steelmaker said. Nissan gets new U.S. sales boss; Meunier takes Infiniti role http://www.autonews.com/article/20171016/OEM02/171019708/nissan-gets-new-u-s-sales-boss-meunier-takes-infiniti-role Mon, 16 Oct 2017 22:16:35 EST Nissan has promoted former Saturn executive Dan Mohnke to lead sales and marketing for the brand in the United States; he succeeds Christian Meunier, who becomes a global vice president for Infiniti. 2019 Ram http://www.autonews.com/article/20171016/OEM04/171019713/fiat-chryslers-ram-sports-new-face-for-2019 Mon, 16 Oct 2017 15:12:56 EST Fiat Chrysler plans major styling changes to the Ram pickup for 2019 as evidenced by new spy photos of the truck at the company's technical center near Detroit. How GM forced Unifor to stand down http://www.autonews.com/article/20171016/BLOG30/310169911/how-gm-forced-unifor-to-stand-down Mon, 16 Oct 2017 15:55:33 EST It isn't what Unifor's leadership was hoping for, but the new four-year labour contract at CAMI Assembly in Ontario is as good as they were going to get. Hyundai Shopper Assurance retail plan borrows from '09 playbook http://www.autonews.com/article/20171016/RETAIL03/171019756/hyundai-shopper-assurance Mon, 16 Oct 2017 00:01:00 EST Hyundai Motor America CMO Dean Evans predicts that with new vehicles luring first-time Hyundai shoppers and the Shopper Assurance program promoting loyalty, Hyundai could post a 10 percent sales gain over 2017. Toyota expands mobility, AI reach with 2 concepts http://www.autonews.com/article/20171016/OEM04/171019728/toyota-concept-tokyo-mobility Mon, 16 Oct 2017 06:42:15 EST Toyota plans to broaden its vision of future mobility at the Tokyo Motor Show with two tiny electric runabouts that predict the driver's emotions and guide them away from danger. BMW stays committed to hydrogen fuel cells http://www.autonews.com/article/20171016/OEM02/171019796/bmw-stays-committed-to-fuel-cells Mon, 16 Oct 2017 00:01:00 EST Matthias Klietz, head of BMW's alternative powertrain group, talks to Automotive News about where BMW is in its hydrogen efforts and what hurdles it still faces.