Americas

La. exec sentenced to 11-year prison term for $1.2M ad fraud of dealerships

4:03 pm U.S. ET | June 18, 2015

A politically connected media firm owner who billed Louisiana dealerships for fictitious advertising that cost them more than $1.2 million was sentenced to more than 11 years in prison Wednesday, the Department of Justice said....
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N.Y. targets dealerships' sale of credit-repair, identity-theft products

12:01 am U.S. ET | June 17, 2015

Paragon Honda and its two sister stores have agreed to a $13.5 million settlement with the New York attorney general's office over the alleged unlawful sale of credit-repair and identity-theft prevention products, part of a broader crackdown on deceptive sales practices by dealerships....
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CANADA'S LAST STAND?

'Do or die' time as FCA's Brampton plant awaits investment

12:01 am U.S. ET | June 15, 2015

The future of Canada's struggling auto industry may hinge on whether FCA can be persuaded to overhaul its outdated plant in Brampton, Ontario....
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Cadillac dealership planned near GM Tech Center

3:29 pm U.S. ET | June 15, 2015

Prestige Automotive Group LLC plans to break ground Wednesday on an $8 million Cadillac dealership on 4.6 acres near General Motors' Tech Center in Warren, Mich....
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Beijing angered by U.S. duties on Chinese tires

7:26 am U.S. ET | June 15, 2015

China's Commerce Ministry today blasted the U.S. for imposing duties on certain automobile and light truck tires imported from China, calling the move "unreasonable" and damaging to world trade....
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Tesla takes on industry in California

12:01 am U.S. ET | June 15, 2015

Three years after California imposed rules requiring the sale of zero-emission vehicles, automakers are asking for deep changes, including permission to use plug-in hybrids to comply. But Tesla won't let that happen without a fight....
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Aston will decide plant site in third quarter

12:01 am U.S. ET | June 15, 2015

Aston Martin will decide on the location of its planned new plant to build the upcoming DBX crossover in the third quarter, CEO Andy Palmer said....
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VW, FCA, GM at risk as Brazil slump worsens

June 14, 2015 06:15 CET

VW, Fiat Chrysler, GM and Ford are all likely to be hit hard by a downturn in Brazil's auto industry this year that's expected to be the worst since 1998, according to the national automakers association Anfavea....
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U.S. slaps duties on Chinese tires for cars, light trucks

5:33 pm U.S. ET | June 12, 2015

The United States on Friday imposed duties on certain car and light truck tires imported from China after finding they were being dumped at below-market value and unfairly subsidized by Beijing....
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VW Group sales fall for 2nd consecutive month

June 12, 2015 20:26 CET

VW Group sales fell for a second month in May and at a faster pace than in April, highlighting the German carmaker's difficulties in weak emerging markets. Deliveries at the 12-brand group slid by 2.6 percent to 858,000 vehicles in May, VW said....
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CarMax criticized for selling cars with open recalls

1:45 pm U.S. ET | June 11, 2015

CarMax is under attack from consumer activist groups in California after a study found vehicles with open safety recalls for sale at two of its stores in the state....
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Toyota launches $126 million r&d expansion in Michigan

11:00 am U.S. ET | June 11, 2015

Toyota broke ground today on the $126 million expansion of its Technical Center in Michigan. The expansion includes a new prototype facility for vehicle development, additions to the powertrain development facility and a supply center. The construction is expected to wrap up in late 2016....
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2015 AUTOMOTIVE NEWS EUROPE CONGRESS

Aston Martin will decide on new plant in third quarter

June 10, 2015 13:06 CET

Aston Martin will decide on the location of its new plant to build the upcoming DBX crossover in the third quarter, CEO Andy Palmer said. Potential sites in the U.S. and the UK are under consideration, Palmer said....
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Magna, Durr plan new operations in Michigan

3:14 pm U.S. ET | June 10, 2015

A Magna International subsidiary and Durr Systems both have been approved for Michigan state incentives for new operations planned in suburban Detroit....
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Nissan store manager, controller in Ala. charged with fraud to win incentive bonuses

3:50 pm U.S. ET | June 9, 2015

The former general manager and controller of an Alabama Nissan dealership are charged with falsely reporting vehicle sales and receiving factory incentive bonuses....
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Ford must invest $3.1 billion more in Michigan for maximum tax credits

1:14 pm U.S. ET | June 9, 2015

Ford Motor would need to invest an additional $3.1 billion in Michigan before 2025 to be eligible for the maximum allowed state tax credits under a revised agreement, Michigan Gov. Rick Snyder said in a statement....
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Retired Toyota exec Tanguay named Canadian auto czar

9:06 am U.S. ET | June 9, 2015

The Canadian and Ontario governments have tapped a former top Toyota executive to attract increased investment to their struggling auto sector....
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BMW plans to build an electric SUV in the U.S., report says

June 9, 2015 06:01 CET

BMW plans to build a battery-powered SUV in the U.S. as a rival to the upcoming Tesla Model X, a German business magazine said....
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Mexico auto boom a boon for U.S. suppliers

2:13 pm U.S. ET | June 8, 2015

Since 2012, carmakers have invested or promised nearly $23 billion in new production in Mexico. The result is a need for a more cohesive supply chain that extends farther down the tiered system....
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RICHARD TRUETT

BLOG: The steep road ahead for Alfa in the U.S.

8:17 am U.S. ET | June 8, 2015

There is no doubt that Alfa Romeo fans -- the Alfisti -- are passionate in the United States. But there is enough doubt that there are enough of them to bring the brand back to life and meet the automaker's ambitious sales targets after a 20-year absence in the market....
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Tesla gigafactory to get hundreds of Panasonic workers

6:56 am U.S. ET | June 8, 2015

Panasonic will dispatch hundreds of employees to Tesla's Nevada gigafactory from this fall to get ready to make lithium ion batteries for electric cars at the plant from next year....
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Northwood vacates another campus

12:01 am U.S. ET | June 8, 2015

Northwood University is selling its 31-year-old campus in West Palm Beach, Fla., a year after shutting its residential campus near Dallas. The nation's pre-eminent auto-retailing school is also restructuring its operations to improve revenue. The moves are in part because of recent poor financial results....
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17.78 million! What made May's sales rate spike?

12:01 am U.S. ET | June 8, 2015

Auto sales should remain brisk thoughout 2015, but we probably won't see a repeat of May's eye-popping selling rate fo 17.78 million vehicles. Last month's SAAR was inflated by quirks in the calendar and the arcane formula used to calculate the selling rate....
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Honda the big winner in 'Car Wars' this year

12:01 am U.S. ET | June 8, 2015

American Honda will grow its market share in the next four years by picking up the pace of new-product launches, according to the annual “Car Wars” report from Bank of America Merrill Lynch By redesigning about a quarter of its nameplates each year from the 2016 through 2019 model years, the company will have renewed virtually its entire portfolio by the end of the period....
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Ford draws up plans to modernize research, engineering hub

2:15 pm U.S. ET | June 7, 2015

Ford is embarking on a 10-year plan to modernize its research and engineering hub in Dearborn and consolidate the majority of its 26,000 local employees there in reconfigured and updated office and testing space....
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