Automotive News Retail News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Thu, 21 Aug 2014 06:00:00 EST Hertz investor presses board to replace CEO Frissora http://www.autonews.com/article/20140820/RETAIL/308209940/hertz-investor-presses-board-to-replace-ceo-frissora Wed, 20 Aug 2014 15:49:20 EST Hertz investor Fir Tree Partners, which holds more than 3 percent of the stock, is urging the company's board to replace CEO Mark Frissora because the firm disapproves of how he's running the car-rental provider. 2015 Corvette will get 29 mpg highway, GM says http://www.autonews.com/article/20140820/OEM04/140819863/2015-corvette-will-get-29-mpg-highway-gm-says Wed, 20 Aug 2014 08:00:00 EST An 8-speed automatic transmission debuting in the 2015 Chevrolet Corvette boosts fuel economy by 3.5 percent over the six-speed it replaces and gives the General Motors long-running sports car an EPA highway rating of 29 mpg, its highest rating ever. EU regulators aim to close car emissions testing loopholes http://www.autonews.com/article/20140820/COPY01/308219999/eu-regulators-aim-to-close-car-emissions-testing-loopholes Wed, 20 Aug 2014 07:30:40 EST EU regulators are pushing for legislation that will require vehicles to be tested on roads rather than in laboratories in a bid to close loopholes that allow carmakers to exaggerate fuel-saving and emissions credentials. Uber hires former Obama adviser Plouffe to counter opponents http://www.autonews.com/article/20140820/RETAIL03/308209945/uber-hires-former-obama-adviser-plouffe-to-counter-opponents Wed, 20 Aug 2014 00:19:20 EST Uber Technologies, the popular mobile car-booking app, hired David Plouffe, a former top political adviser to President Obama, to help it cope with regulatory hurdles and mounting opposition from cabbies around the globe. Canadians stretch out auto loans as debt warnings go ignored http://www.autonews.com/article/20140820/FINANCE_AND_INSURANCE/308209948/canadians-stretch-out-auto-loans-as-debt-warnings-go-ignored Wed, 20 Aug 2014 05:34:21 EST The average term of a light-vehicle loan in Canada is 69 months, close to a peak of 72 months set in the third quarter of 2013, according to J.D. Power. Longer-term car loans are leaving Canadians in debt for a longer time, analysts say. EU regulators seek to close car emissions testing loopholes http://www.autonews.comhttp://europe.autonews.com/article/20140820/ANE/140829995/eu-regulators-seek-to-close-car-emissions-testing-loopholes Wed, 20 Aug 2014 07:30:40 EST EU regulators are pushing for legislation that will require vehicles to be tested on roads rather than in laboratories in a bid to close loopholes that allow carmakers to exaggerate fuel-saving and emissions credentials. Russia will consider support for car market, reports say http://www.autonews.comhttp://europe.autonews.com/article/20140820/ANE/140829998/russia-will-consider-support-for-car-market-reports-say Wed, 20 Aug 2014 04:13:03 EST Russia will consider taking measures aimed at supporting the auto market, news agencies quoted Prime Minister Dmitry Medvedev as saying. Car sales in Russia fell 23 percent in July as consumers worry about the impact of the Ukraine crisis. Bosch, Faurecia, ZF grow in 2013; combined Europe sales for top 30 rise 7% http://www.autonews.comhttp://europe.autonews.com/article/20140820/ANE/140739991/bosch-faurecia-zf-grow-in-2013-combined-europe-sales-for-top-30-rise Wed, 20 Aug 2014 00:01:00 EST Europe's biggest suppliers rebounded last year as the region showed signs of recovery in the final months of 2013. Overall 2013 European sales by suppliers in the top 30 increased by 7 percent to $183.5 billion compared with the year before. Honda's Mendel says U.S. sales 'near top,' warns market may suffer from 'stupid things' http://www.autonews.com/article/20140819/RETAIL/140819875/hondas-mendel-says-u-s-sales-near-top-warns-market-may-suffer-from Tue, 19 Aug 2014 13:30:00 EST Auto sales in the United States are approaching the highest levels that the market can sustainably support and could suffer long-term damage as automakers increasingly turn to subprime financing and seven-year loans to boost market share, the top... Why Honda's John Mendel wants customers to buy a Treasury bond on wheels http://www.autonews.com/article/20140819/BLOG06/140819870/why-hondas-john-mendel-wants-customers-to-buy-a-treasury-bond-on Tue, 19 Aug 2014 15:28:38 EST Jittery stock market? Honda's John Mendel wants you to take your money out of Google, Apple and Tesla -- and put it in Hondas. Not Honda stock. Actual Hondas. They're like Treasury bonds on wheels, with cupholders. %]