Automakers

Opel will launch online retail banking in Germany to broaden financing operation

Sept. 2, 2015 12:24 CET

Opel will push into online retail banking in Germany in a bid to win more customers for its in-house bank and broaden the base of its financing operation....
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Volvo sales rise 3% in August as U.S. demand offsets slowing China

Sept. 2, 2015 11:38 CET

Volvo's global car sales rose 3.2 percent in August as strong growth in the U.S. helped offset a continued slide in China which has been hit by slowing growth and stock market turmoil....
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2015 FRANKFURT AUTO SHOW

Mercedes completes S-class family with luxury convertible

Sept. 2, 2015 09:03 CET

Mercedes will complete its S-class family with the sixth and final derivative of its flagship sedan next year, when it launches its first top-of-the-line four-seat convertible since 1971. The S-class cabriolet will be “the world's most comfortable convertible,” it says....
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VW plans to extend CEO Winterkorn's contract until 2018

Sept. 2, 2015 10:02 CET

Volkswagen plans to extend the contract of CEO Martin Winterkorn until the end of 2018, a victory for the executive after he clashed with former Chairman Ferdinand Piech....
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Jeep Wrangler to stay in Toledo, Cherokee leaving, Wrangler-based pickup coming

11:00 am U.S. ET | Sept. 1, 2015

Fiat Chrysler has decided to keep making the Jeep Wrangler in Toledo, Ohio, move production of the Jeep Cherokee to a nearby state and build a Jeep pickup. The news comes after 11 months of uncertainty about the fate of Wrangler production in its historic home....
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RICHARD TRUETT

BLOG: Is there room under the Blue Oval for Ranger, Bronco and Troller in U.S.?

11:15 am U.S. ET | Sept. 1, 2015

Ever since Ford dropped the midsize Ranger pickup in late 2011, the company has been pestered regularly and repeatedly about replacing it....
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JAY RAMEY

BLOG: Will the next Nissan Z be a crossover?

11:15 am U.S. ET | Sept. 1, 2015

After scrapping production plans for the Nissan IDx coupes, there is now a very real possibility that the next Z car will be a crossover....
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AUGUST U.S. SALES

Sales edge down but SAAR soars to 17.81 million

8:00 am U.S. ET | Sept. 1, 2015

U.S. light-vehicle sales slipped 0.7 percent, far better than projections of a 3.3 percent dip, to 1.505 million in August as consumers shrugged off volatile stock prices and continued to splurge. The annualized pace of sales soared to 17.81 million, the highest rate since July 2005 and the strongest month of the 6-year recovery....
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2015 FRANKFURT AUTO SHOW

Mercedes S-class cabrio will bow in Frankfurt

6:15 pm U.S. ET | Sept. 1, 2015

Mercedes-Benz is adding a fourth convertible to its North American lineup: the S class. The German automaker will introduce the car this month at the Frankfurt auto show. Press days are Sept. 15 and 16....
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U.S. drops estimates for vehicles equipped with defective Takata airbags by 36%

4:16 pm U.S. ET | Sept. 1, 2015

U.S. auto safety regulators now believe about 19.2 million U.S. vehicles are covered by the recalls for Takata airbag inflators that can explode in a crash, 36 percent fewer than were thought earlier this summer to carry the defective parts....
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Hyundai, Kia notch records on Santa Fe, Soul

4:15 pm U.S. ET | Sept. 1, 2015

Facing stock market turmoil and an unfriendly calendar, Korean siblings Hyundai and Kia still set monthly U.S. sales records in August on strong demand for crossovers. Hyundai reported selling 72,012 vehicles for the month, a 2.9 percent increase, as Kia claimed 58,897 units sold, up 7.7 percent....
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Lexus grabs second straight monthly U.S. sales win, narrows gap with BMW

3:16 pm U.S. ET | Sept. 1, 2015

Lexus sold the most luxury vehicles in the U.S. in August, riding a wave of demand for its new crossover to a second straight monthly win and narrowing the gap with BMW. Sales rose 2.1 percent from a year earlier to 33,487, including 4,448 of the new $34,480 NX SUV....
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Ford's U.S. retail volume best since '06

1:30 pm U.S. ET | Sept. 1, 2015

Ford Motor Co. had its best retail-sales month since March 2006 in August, selling 183,467 vehicles in the U.S. Ford posted its highest F-series number of the year and gains of at least 20 percent for five crossover and SUV nameplates....
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Toyota, Honda suffer from weak car deliveries

4:15 pm U.S. ET | Sept. 1, 2015

The declines in small and midsize car sales finally caught up to both Toyota and Honda in August. Toyota Motor Sales U.S.A. reported its August sales fell 8.8 percent from a year earlier to 224,381 vehicles, while American Honda Motor Co.'s sales dropped 6.9 percent to 155,491. Both companies suffered big declines in cars that negated increases in some light trucks....
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Weak Nissan, strong Infiniti results leaves Nissan N.A. off slightly

11:00 am U.S. ET | Sept. 1, 2015

Nissan North America reported a slight drop in U.S. sales in August, as lower car sales offset strong performances by the Rogue crossover, the Altima sedan and the Infiniti luxury brand. Still, Nissan’s year-to-date sales have now exceeded 1 million vehicles, the first time the company has crossed that mark just eight months into the year....
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Land Rover to roll out two diesels in October

12:56 pm U.S. ET | Sept. 1, 2015

Land Rover expects its first U.S. diesel vehicles will account for up to 20 percent of sales for the two SUVs powered by the new-generation engines. The Range Rover Td6 and Range Rover Sport Td6 go on sale in October and will cost about $1,500 more than the gasoline V-6 models....
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VW's run ends with 8.1% drop; Audi's hot streak continues

2:45 pm U.S. ET | Sept. 1, 2015

Audi of America posted its best August ever, while Volkswagen of America was unable to sustain its brief growth spurt. After posting higher U.S. sales in May, June and July, VW backtracked with an 8.1 percent decline last month. However, the 32,332 vehicles VW sold in August represented its best monthly U.S. sales total of 2015....
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GM slips as fleet pullback continues

3:30 pm U.S. ET | Sept. 1, 2015

GM's U.S. sales slipped less than 1 percent in August, as the second straight monthly drop in fleet sales offset rising demand from individual buyers. GM sold 270,480 vehicles last month, down 0.7 percent from a year earlier. GM said retail sales rose 6 percent. Fleet deliveries dropped 24 percent, amid a 38 percent decrease in rental-car sales....
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Hyundai's U.S. sales chief Pradzinski departs abruptly

1:09 pm U.S. ET | Sept. 1, 2015

Bob Pradzinski, the No. 2 sales executive at Hyundai Motor America behind CEO Dave Zuchowski, has left the company, Hyundai said today. There was no immediate word on a successor for that post. Pradzinski, 55, was a 26-year Hyundai veteran....
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Record Jeep, Ram pickup demand push FCA up 1.7%

2:15 pm U.S. ET | Sept. 1, 2015

Record Jeep and Ram pickup volume pushed Fiat Chrysler's U.S. sales up 1.7 percent in August, offsetting stiff drops at the Dodge and Chrysler brands. The automaker reported sales in the U.S. of 201,672. It's the second month this year, after May, that deliveries topped 200,000, and FCA's 65th consecutive month of year over year sales gains....
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First Tesla Model X buyers now picking colors, 'Ludicrous Mode'

12:29 pm U.S. ET | Sept. 1, 2015

The first customers who reserved Tesla's Model X all-electric SUV have been alerted that, at long last, they can choose their paint color, wheel size and whether they want to drive ludicrously fast....
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FCA recalls 206,668 2014 Jeep Cherokees to fix windshield wiper defect

11:35 am U.S. ET | Sept. 1, 2015

Fiat Chrysler Automobiles is recalling 206,668 2014 Jeep Cherokee SUVs because of a defect that could cause windshield wipers to stop working....
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Toyota's venerable Land Cruiser sports modern, safety updates for 2016

11:00 am U.S. ET | Sept. 1, 2015

The oldest nameplate in the Toyota lineup, the Land Cruiser, is receiving significant upgrades for the 2016 model year. It’s the first time since 2008 that major changes have been made to the low-volume, full-size, off-road vehicle....
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Tesla names new Germany chief amid slow sales

Sept. 1, 2015 06:01 CET

Tesla named a new top executive in Germany, where the U.S. electric car maker is struggling to gain a foothold....
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Germany's Kiekert buys out Chinese partner

Sept. 1, 2015 13:02 CET

Kiekert, a global supplier of automotive locks, has acquired full ownership of China's Henan North Xingguang Locking Systems Co., a manufacturer of door, hood and trunk locks....
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