Automakers

JULY U.S. AUTO SALES

Sales climb 9 percent to 1.4M vehicles as SAAR hits 16.5M

5:45 am U.S. ET | Aug. 1, 2014
U.S. auto sales, led by Chrysler's 20 percent advance and solid gains of 10 percent or more at Toyota, Nissan, and Ford, rose 9 percent in July to 1.435 million. The results were just below forecasts for a 10 percent increase but signal consumers remain in a buying mood. The seasonally adjusted, annualized sales rate hit 16.5 million in July. Toyota outsold Ford by 4,335 units....
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Execs who delay safety recalls would face life in prison under Senate bill

7:00 pm U.S. ET | Aug. 1, 2014
Auto executives who delay safety recalls that result in deaths could face up to life in prison under a new bill backed by a United States senator who has been one of the staunchest critics of GM's handling of its ignition switch recalls....
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July's gist: Gains for (almost) everyone

4:26 pm U.S. ET | Aug. 1, 2014
U.S. auto sales rose 9 percent in July to 1.4 million units, a fifth strong month to ease the memory of harsh winter storms that blunted January and February volume. On the day that shareholders approved the merger that formally creates Fiat Chrysler Automobiles, Chrysler Group posted a 20 percent U.S. sales gain to lead all major players....
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American Honda volume slides 4%

3:33 pm U.S. ET | Aug. 1, 2014
American Honda Motor had a rocky July, with sales falling 4 percent from a year earlier to 135,908 vehicles, in a market that rose 9 percent overall....
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Canada deliveries hit July record; Detroit 3 gain with trucks

2:16 pm U.S. ET | Aug. 1, 2014
Auto sales in Canada in July rose to a record high for the month, up 11.3 percent from a year earlier, an industry analyst said today, with strong truck sales pushing both Chrysler and Ford to record performances....
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Chrysler Group posts best July since 2005 on 20% gain

11:56 am U.S. ET | Aug. 1, 2014
Strong sales of SUVs, pickups and minivans pushed Chrysler Group's volume up 20 percent last month to its highest July U.S. sales in nine years....
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Higher incentives lift Ford cars, trucks

1:55 pm U.S. ET | Aug. 1, 2014
Strong retail sales and bigger incentives helped lift Ford's July volume 10 percent from a year ago to its best July performance in eight years. Ford sold 211,467 vehicles last month....
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Nissan deliveries climb 11%, set July record

3:44 pm U.S. ET | Aug. 1, 2014
Nissan North America sold 121,452 vehicles in the United States in July, a gain of 11 percent from the year-ago month, giving Nissan a monthly record for July. Nissan has set corresponding monthly records each month this year....
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Toyota Motor advances 12% for best July in 7 years

4:24 pm U.S. ET | Aug. 1, 2014
Sales at Toyota Motor Sales rose 12 percent in July from a year earlier to 215,802 vehicles, for the automaker's best July sales in seven years as core models posted big gains....
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Lexus jumps 19% for first monthly luxury win in almost a year

4:12 pm U.S. ET | Aug. 1, 2014
Lexus hasn't chased other luxury brands down-market with a sub-$30,000 car like the Mercedes-Benz CLA, yet Toyota's premium brand topped Mercedes and BMW in July for its first monthly sales win since August 2013....
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Mobileye shares surge 48% after $890 million IPO

11:25 am U.S. ET | Aug. 1, 2014
Shares of Mobileye NV soared 48 percent in their market debut today as investors bet that the race by automakers to improve safety ratings would boost demand for the company's unique camera-based systems that help drivers avoid collisions....
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American Axle Q2 earnings rise on stronger non-GM business

3:56 pm U.S. ET | Aug. 1, 2014
American Axle & Manufacturing Holdings today reported improved second-quarter earnings, led by a strong increase in non-General Motors business....
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GM sales rise 9% on robust commercial-fleet sales, SUV demand

1:03 pm U.S. ET | Aug. 1, 2014
A jump in sales to commercial customers and stout demand for the redesigned GMC Yukon, Chevrolet Tahoe and other trucks propelled General Motors' July sales up 9 percent from a year earlier....
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Hyundai recalls another 420,000 vehicles in U.S., 1.3 million for the week

1:29 pm U.S. ET | Aug. 1, 2014
Hyundai Motor is recalling about 420,000 vehicles covering three models for separate problems in the United States, after recalling 883,000 Sonata sedans this week, according to federal safety regulators....
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GILLES CASTONGUAY

For some investors, Fiat's meeting to approve Chrysler merger felt like a funeral

12:42 pm U.S. ET | Aug. 1, 2014
Fiat shareholders were in a resigned mood when they met to vote on the carmaker's merger with Chrysler. "Today we are attending Fiat's funeral," said one....
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VW production chief Macht quits with immediate effect

Aug. 1, 2014 15:19 CET
Volkswagen said group production chief Michael Macht is quitting immediately, the second top executive to leave the automaker within a week....
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VW may raise stake in FAW Chinese joint venture

Aug. 1, 2014 12:15 CET
VW's CFO Hans Dieter Poetsch said the automaker's only likely acquisition is a possible increase of its stake in its FAW Chinese joint venture and not a takeover of Fiat or truckmaker Paccar....
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Fiat shareholders approve Chrysler merger

Aug. 1, 2014 08:08 CET
Fiat shareholders approved the automaker's merger with Chrysler in a move that seals the end of Fiat as an Italian company. The new company arising from the merger, Fiat Chrysler Automobiles will be incorporated under Dutch law, based in the UK and listed on the New York Stock Exchange....
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Renault, PSA lose ground as French July car sales fall

Aug. 1, 2014 11:31 CET
French car sales fell 4 percent in July as economic problems weighed on demand, the country's CCFA industry body said....
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Renault will build Fiat Scudo successor

Aug. 1, 2014 06:01 CET
Renault will build Fiat's replacement for its Scudo commercial van starting in 2016, taking over production of the model from PSA/Peugeot-Citroen. The Scudo successor will be based on the Renault Trafic....
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Audi's profits rise as sales growth offsets costs

Aug. 1, 2014 11:56 CET
Audi reported higher second-quarter operating profit, as gains from record vehicle sales outweighed the impact of spending on technology and foreign expansion....
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ZF supervisory board said to support TRW takeover talks

Aug. 1, 2014 11:02 CET
ZF's supervisory board has given its support to continuing negotiations to buy TRW Automotive, sources said....
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ANE's August e-magazine goes live Monday

Aug. 1, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Aug. 4. This month's edition looks at the potential risks and rewards facing Porsche....
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MIKE COLIAS

Eurofication of Buick lineup continues with … an imported Regal?

1:51 pm U.S. ET | July 31, 2014
The Buick Regal already is the most Euro-looking vehicle in Buick's lineup. In a few years, it might literally be European....
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Supplier exec pleads guilty to price-fixing, remains an employee

4:02 pm U.S. ET | July 31, 2014
An executive from GS Electech, a supplier to Toyota, pleaded guilty Thursday to playing a role in an international conspiracy to rig bids and fix prices on auto parts, the Department of Justice said. He remains employed by the company, a spokesman said today....
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