Automotive News Automaker News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Mon, 2 May 2016 06:00:00 EST 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. 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 to test out the cars will be won over by its improvements, he says. 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. Ford fined $1 million by Mexico's environmental prosecutor http://www.autonews.com/article/20160502/OEM11/160509981/ford-fined-1-million-by-mexicos-environmental-prosecutor Mon, 2 May 2016 15:05:17 EST Mexico's environmental prosecutor Profepa said today that it was fining Ford's local unit for selling vehicles in Mexico without the proper environmental certifications. VW, UAW officials to meet on labor dispute at Tenn. plant http://www.autonews.com/article/20160502/OEM01/160509983/vw-uaw-officials-to-meet-on-labor-dispute-at-tenn-plant Mon, 2 May 2016 14:27:23 EST Volkswagen AG and UAW officials will meet later this month in an effort to overcome a labor dispute at the VW plant in Tennessee. AutoNews Now: How store fought an online lie http://www.autonews.com/article/20160502/VIDEO/305029922/autonews-now-how-store-fought-an-online-lie Mon, 2 May 2016 00:01:00 EST How store fought online lie; Marchionne new Ferrari CEO; Porsche plans wagon version of Panamera; Inspiring next Infiniti QX50, QX70; New York State mulls 'Breathalyzer' for texts. Acura launches ad campaign for 30th anniversary http://www.autonews.com/article/20160502/RETAIL03/160509984/acura-launches-ad-campaign-for-30th-anniversary Mon, 2 May 2016 13:44:11 EST Instead of cake and candles, Acura is running a new ad campaign for the brand's 30th anniversary. Ferrari raises forecast after Q1 profit jumps 19% http://europe.autonews.com/article/20160502/ANE/160509987/ferrari-raises-forecast-after-q1-profit-jumps-19 Mon, 2 May 2016 10:41:37 EST Ferrari said its net profit rose 19 percent to 78 million euros ($90 million) in the first quarter, its first as an independent company. VW could face worker protests if wage talks delayed, union warns http://europe.autonews.com/article/20160502/ANE/160509988/vw-could-face-worker-protests-if-wage-talks-delayed-union-warns Mon, 2 May 2016 10:38:17 EST Volkswagen was warned by Germany's biggest trade union that it could face protests from workers if it sought to delay talks about wage rises for 120,000 staff who work for the carmaker in western Germany. Nissan takes new ad path after U.S. exec ripped agencies http://www.autonews.com/article/20160502/RETAIL03/160509989/nissan-takes-new-ad-path-after-u-s-exec-ripped-agencies Mon, 2 May 2016 10:10:58 EST Nissan is making a new safety pitch in U.S. ads breaking this week as part of a larger marketing overhaul that will take full effect in June. Marchionne succeeds Felisa as Ferrari CEO http://europe.autonews.com/article/20160502/ANE/160509996/marchionne-succeeds-felisa-as-ferrari-ceo Mon, 2 May 2016 04:36:59 EST Ferrari has appointed Sergio Marchionne as CEO to replace Amedeo Felisa. The move leaves Marchionne clear to expand the luxury sports-car maker following its January spinoff from Fiat Chrysler. Fast growth for a showroom ghost http://www.autonews.com/article/20160502/RETAIL/305029958/fast-growth-for-a-showroom-ghost Mon, 2 May 2016 00:01:00 EST U.S. sales of full-size vans are increasing eight times faster than the industry average. The growth has commercial vans on track to top half a million sales for the first time ever this year. First Shift: Marchionne to run Ferrari, too? http://www.autonews.com/article/20160502/VIDEO/305029914/first-shift-marchionne-to-run-ferrari-too Mon, 2 May 2016 00:01:00 EST Marchionne to run Ferrari, too?; Takata braces for higher losses; Mitsubishi fallout hitting Nissan; Snag in Trans-Atlantic trade deal?; Snyder: A slow, but steady sales rise. Nissan's less-is-more plan on pickup variations http://www.autonews.com/article/20160502/RETAIL01/305029960/nissan-s-less-is-more-plan-on-pickup-variations Mon, 2 May 2016 00:01:00 EST Nissan's new Titan will be available with only a fraction of the configurations that are possible on the big-selling Detroit 3 pickups. But Nissan hopes that will actually please its customers. Takata sets aside additional $189 million to cover airbag recall costs http://www.autonews.com/article/20160502/OEM10/160509993/takata-sets-aside-additional-189-million-to-cover-airbag-recall-costs Mon, 2 May 2016 06:39:21 EST Takata raised provisions for its airbag recalls that involve more than a dozen auto manufacturers, after denying reports that the biggest safety crisis in the industry's history will expand further. U.S. threatens to block easing of EU car exports in trade talks, reports say http://europe.autonews.com/article/20160502/ANE/160509995/u-s-threatens-to-block-easing-of-eu-car-exports-in-trade-talks Mon, 2 May 2016 04:43:54 EST The U.S. is threatening to prevent the easing of export controls on European cars in talks on the Transatlantic Trade and Investment Partnership free trade deal, German media reported. Check out the ANE e-magazine for May http://europe.autonews.com/article/20160502/ANE/305029998/check-out-the-ane-e-magazine-for-may Mon, 2 May 2016 00:01:00 EST The latest issue of the Automotive News Europe monthly e-magazine is ready to view. This month's edition looks at how CEO Carlos Tavares plans to turn PSA Group the world's most efficient carmaker. ANE BMW 100 supplement ready to view http://europe.autonews.com/article/20160502/ANE/305029999/ane-bmw-100-supplement-ready-to-view Mon, 2 May 2016 00:01:00 EST The Automotive News Europe BMW 100-year anniversary special edition is ready to view. This special edition highlights the people, events and models that made the automaker's the first 100 years so memorable. Ford's China route: Latecomer, contender, EV embracer http://www.autonews.com/article/20160502/GLOBAL03/160429792/fords-china-route-latecomer-contender-ev-embracer Mon, 2 May 2016 00:01:00 EST In the next phase of its Chinese evolution, Ford plans to introduce electrified cars, as well as to bring in its first pickup and GT super sports car. Fields: Ford EV will have range near 200 miles http://www.autonews.com/article/20160502/OEM05/160429795/fields-ford-ev-will-have-range-near-200-miles Mon, 2 May 2016 00:01:00 EST Ford Motor Co. is developing an electric vehicle with range comparable to the Chevrolet Bolt, Tesla Model 3 and next-generation Nissan Leaf, CEO Mark Fields said. Lincoln in China http://www.autonews.com/article/20160502/GLOBAL03/160429790/lincoln-in-china Mon, 2 May 2016 00:01:00 EST Lincoln President Kumar Galhotra, left, and Matt VanDyke, right, director of Global Lincoln, with Automotive News Group Publisher KC Crain at a dinner hosted by Automotive News during the Beijing auto show. Fine China http://www.autonews.com/article/20160502/GLOBAL03/160429788/fine-china Mon, 2 May 2016 00:01:00 EST China is the world's biggest auto market and Beijing hosts one of the world's most colorful auto shows. Here's a peek at some noteworthy debuts, most of which are not headed for these shores. 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. Ford: Record quarter starts a 'strong year' http://www.autonews.com/article/20160502/OEM/305029956/ford-record-quarter-starts-a-strong-year Mon, 2 May 2016 00:01:00 EST Higher first-quarter sales of the redesigned F-150 and a retooled crossover lineup drove Ford Motor Co. to the highest quarterly pretax profit in its 113-year history and its best-ever results in North America. Joe Hinrichs has Ford humming http://www.autonews.com/article/20160502/OEM02/305029962/joe-hinrichs-has-ford-humming Mon, 2 May 2016 00:01:00 EST Since 2011, Ford Motor Co. has earned pretax profits totaling $45 billion in North America. It lost $1.8 billion in the rest of the world. And North America's position as Ford's profit driver keeps getting stronger. Nissan, dealers are both doing what they have to do http://www.autonews.com/article/20160502/RETAIL07/305029973/nissan-dealers-are-both-doing-what-they-have-to-do Mon, 2 May 2016 00:01:00 EST Nissan's blunt attitude, retailers say, is 'deliver results or step aside.' But here's the harsh truth: The process of improving a brand's position in the market is not easy. In fact, it can be downright brutal. 2017 Porsche 911 http://www.autonews.com/article/20160502/OEM03/305029975/2017-porsche-911 Mon, 2 May 2016 00:01:00 EST The re-engineered Porsche 911 gets modest styling changes inside and out, and comes with a standard turbocharged engine for the first time as Porsche says goodbye to the naturally aspirated engines for which the 911 is known. Jeep's push to produce in China is paying off http://www.autonews.com/article/20160502/GLOBAL03/305029968/jeeps-push-to-produce-in-china-is-paying-off Mon, 2 May 2016 00:01:00 EST Jeep is moving ahead in China, thanks to investments in local crossover production. But in a market haunted by factory overcapacity, premium brand Lexus is also pulling ahead purely as an importer. Stop-sale backlog hits public groups' earnings http://www.autonews.com/article/20160502/RETAIL07/305029977/stop-sale-backlog-hits-public-groups-earnings Mon, 2 May 2016 00:01:00 EST Several publicly traded dealership groups noted that cars and truck languishing for months on their lots under stop-sale orders due to recalls hurt their first-quarter earnings. The problem could linger into 2017. Next Infiniti QX70, QX50 may borrow features from concept http://www.autonews.com/article/20160502/OEM03/305029980/next-infiniti-qx70-qx50-may-borrow-features-from-concept Mon, 2 May 2016 00:01:00 EST Infiniti previewed a new styling direction for its SUV/crossover lineup with the QX Sport Inspiration concept unveiled last week at the Beijing auto show. Freshening gives Lexus IS sedan a bolder look http://www.autonews.com/article/20160502/OEM03/305029979/freshening-gives-lexus-is-sedan-a-bolder-look Mon, 2 May 2016 00:01:00 EST Lexus unveiled a freshened IS compact sedan last week at the Beijing auto show with an aggressive, heavily creased front fascia that echoes those of the RC coupe and upcoming LC 500 sports car. Giulia's looks are not helping Alfa's case in U.S. http://www.autonews.com/article/20160502/OEM03/305029982/giulias-looks-are-not-helping-alfas-case-in-u-s Mon, 2 May 2016 00:01:00 EST The Alfa Romeo Giulia looks good under the bright white lights of auto shows, but mixed in with traffic, the Giulia's styling comes across as dull and unimaginative. And that has to be the worst thing you can say about an Italian car. From guy off the street to executive VP http://www.autonews.com/article/20160502/OEM02/305029981/from-guy-off-the-street-to-executive-vp Mon, 2 May 2016 00:01:00 EST Pettercq Witt, who was named executive vice president, operations, for BMW of North America last week, used a variety of gimmicks to get hired in the first place. 2017 Jaguar F-Pace http://www.autonews.com/article/20160502/OEM03/305029989/2017-jaguar-f-pace Mon, 2 May 2016 00:01:00 EST Jaguar launches the F-Pace compact, jumping into the sizzling luxury crossover segment. The F-Pace will be the new face of Jaguar and likely will pave the way for a full range of crossovers for the British brand. How Audi will move forward from scandal http://www.autonews.com/article/20160502/OEM02/305029991/how-audi-will-move-forward-from-scandal Mon, 2 May 2016 00:01:00 EST In an interview, Stefan Knirsch, Audi's head of development, discusses the changes Audi has made in the aftermath of Volkswagen Group's diesel emissions-cheating scandal and his views on the future of diesels, e-motors and autonomous cars. How PSA plans to become industry's 'most efficient' carmaker http://europe.autonews.com/article/20160501/ANE/160429911/how-psa-plans-to-become-industrys-most-efficient-carmaker Sun, 1 May 2016 00:01:00 EST PSA Group CEO Carlos Tavares has named his latest strategy Push to Pass. The racing term seems appropriate as Tavares seeks to pass rivals to become the world's most efficient automaker. Why Michigan wants to stay in the driver's seat on autonomous vehicle legislation http://www.autonews.com/article/20160501/OEM11/160509998/why-michigan-wants-to-stay-in-the-drivers-seat-on-autonomous-vehicle Sun, 1 May 2016 13:14:50 EST Attorneys who specialize in connected car technology and autonomous vehicles say the industry is creating new and unique legal issues around everything from cybersecurity and data protection to product liability. Skepticism surrounds China EV boom http://www.autonews.com/article/20160501/GLOBAL03/305029967/skepticism-surrounds-china-ev-boom Sun, 1 May 2016 00:01:00 EST No one said electrifying China's auto market would be easy. But even as automakers flood the nation with new eco-models and the government pushes generous incentives, there remains much skepticism about the country's ballyhooed EV boom. VW whips up miracle view of U.S. http://www.autonews.com/article/20160501/OEM02/305029959/vw-whips-up-miracle-view-of-u-s Sun, 1 May 2016 00:01:00 EST The U.S. may be ground zero for Volkswagen's diesel scandal, but company executives proclaimed it the most important source of long-term growth for VW and said they are at work on a new brand strategy for the region. More markets for U.S.-made Jeeps http://www.autonews.com/article/20160501/OEM/305029961/more-markets-for-u-s-made-jeeps Sun, 1 May 2016 00:01:00 EST Jeep's fast-growing global manufacturing footprint will not only end the brand's 'Sophie's Choice' allocation challenges, but will increase sales opportunities for top-end Jeeps made exclusively in the U.S. Mini boss sees risks and rewards from further expanding brand http://europe.autonews.com/article/20160430/ANE/160429908/mini-boss-sees-risks-rewards-from-further-expanding-brand Sat, 30 Apr 2016 00:01:00 EST Mini sales reached a record last year, but now the question is whether the BMW Group subsidiary can push volume even higher and what models it needs in its "superheroes" lineup to help achieve this? Peter Schwarzenbauer, the brand's chief, discussed... Mini's challenge: Growing while it shrinks http://www.autonews.com/article/20160430/RETAIL01/305029976/mini-s-challenge-growing-while-it-shrinks Sat, 30 Apr 2016 00:01:00 EST BMW's top executive for Mini, Peter Schwarzenbauer, says it will be tricky to launch a fifth nameplate that both attracts consumers and fits the brand's image. How Jaguar spells U.S. future: F-Pace http://www.autonews.com/article/20160430/RETAIL01/305029988/how-jaguar-spells-u-s-future-f-pace Sat, 30 Apr 2016 00:01:00 EST Jaguar's new F-Pace compact crossover will be the key vehicle to boosting the brand's lackluster U.S. sales, Jaguar's top U.S. executive says. Renault defends Ghosn's $8 million pay amid shareholder revolt http://europe.autonews.com/article/20160429/ANE/160429797/renault-defends-ghosns-8-million-pay-amid-shareholder-revolt Fri, 29 Apr 2016 12:27:41 EST Renault's board stuck by its decision to pay Carlos Ghosn $8.2 million for 2015 in defiance of a non-binding shareholder vote against the CEO's package. VW offers a look inside the diesel scandal #8212; and it is not pretty http://europe.autonews.com/article/20160429/ANE/160429806/vw-offers-a-look-inside-the-diesel-scandal-and-it-is-not-pretty Fri, 29 Apr 2016 05:24:47 EST Buried in VW's 400-page annual report are crucial details on the diesel-emissions scandal that investors can't afford to ignore. Why Tesla's long waiting list for Model 3 needed a caveat http://www.autonews.com/article/20160429/BLOG06/160429789/why-teslas-long-waiting-list-for-model-3-needed-a-caveat Fri, 29 Apr 2016 19:04:59 EST It is certainly possible Tesla had 400,000 reservations from people who intend to buy a Model 3. But we at Automotive News had reservations of our own before CEO Elon Musk clarified the situation. Fiat Chrysler and Google owner Alphabet near self-driving cars deal, reports say http://europe.autonews.com/article/20160429/ANE/160429809/fiat-chrysler-and-google-owner-alphabet-near-self-driving-cars-deal Fri, 29 Apr 2016 02:44:23 EST Fiat Chrysler and Google owner Alphabet are close to a deal on a technology partnership for self-driving cars, multiple reports said. Renault board maintains Ghosn's 2015 pay despite shareholder revolt http://www.autonews.com/article/20160429/OEM02/160429798/renault-board-maintains-ghosns-2015-pay-despite-shareholder-revolt Fri, 29 Apr 2016 12:15:30 EST Renault's board stuck by its decision to pay Carlos Ghosn $8.2 million for 2015 in defiance of a non-binding shareholder vote against the CEO's compensation package on Friday.