Americas

LINDSAY CHAPPELL

Why Americans are rediscovering Italian cars

8:52 am U.S. ET | Aug. 16, 2014
Ferrari, Lamborghini, Maserati, Alfa Romeo, Pagani, Zagato -- those luminary Italian brands barely add up to a percent of a percentage point worth of sales in America. But oh, the mystique....
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Aston Martin's U.S. stores at risk due to new crash rule, dealer says

Aug. 15, 2014 10:45 CET
Aston Martin stores in the United States will become unprofitable and could be forced to close if the sports-car maker cannot get an exemption for two of its models from tougher new crash standards, a top dealer said....
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BMW hanging on to 30th anniversary M5

11:21 am U.S. ET | Aug. 15, 2014
For all the BMW collectors who might want to add a limited-edition 30th Anniversary M5 to the portfolio, good luck. Just one model remains unsold in the United States as of today, and BMW of North America CEO Ludwig Willisch says the automaker is in no hurry to let go of it....
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Startup Renovo unveils $529,000 EV supercar after years of secrecy

11:00 am U.S. ET | Aug. 15, 2014
When they started their company four years ago, the founders of the Silicon Valley startup Renovo Motors saw a hole in the market for a pure electric supercar. Today they revealed their first product: the $529,000 Renovo Coupe, scheduled to launch in the United States next year....
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Ford to install major solar array, EV chargers at headquarters

10:01 am U.S. ET | Aug. 14, 2014
Ford is tapping DTE Energy to build a solar array at the automaker's world headquarters near Detroit. The solar array will also serve as a parking cover to 360 spaces, equipped with 30 charging stations for plug-in electric vehicles....
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GM to invest $2.8 billion in Brazil over five years, Barra says

12:15 pm U.S. ET | Aug. 14, 2014
General Motors will invest 6.5 billion reais ($2.8 billion) in Brazil over the next five years, CEO Mary Barra said today. She said GM remains committed to one of its most important markets....
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GM Tech Center nears full operation while pumps run

11:40 am U.S. ET | Aug. 14, 2014
General Motors' Technical Center is nearly back to full operations after Monday's record rainfall in Detroit caused flooding and power issues....
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Manheim enters Brazil with acquisition of auction company CarBizz

2:51 pm U.S. ET | Aug. 13, 2014
Manheim, the largest auto auction company in the United States, has expanded its global operations into South America with the acquisition of Brazilian auction company CarBizz....
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GM will invest $174 million in Lansing stamping operation

1:23 pm U.S. ET | Aug. 13, 2014
General Motors is investing $174 million in a new stamping line at its Grand River assembly plant in Lansing, Mich....
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Ferrari coupe may race to record $75 million at auction

8:49 am U.S. ET | Aug. 13, 2014
A Ferrari 250 GTO Berlinetta owned by the scion of a wealthy Italian family for 49 years may race off as the world's most expensive car when it's auctioned for as much as $75 million....
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VW brand sales rise on Europe, China gains

Aug. 12, 2014 11:48 CET
VW increased sales at its core passenger-car brand by 4 percent in July as higher deliveries in western Europe and China offset declines in the United States and Brazil. Global sales of VW brand cars and SUVs rose to 491,600 last month....
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BMW North America names new CFO

3:40 pm U.S. ET | Aug. 11, 2014
BMW of North America appointed Stefan Walmrath CFO, effective Sept. 1, succeeding Stefan Sengewald, who will return to Germany to serve as a senior vice president for BMW Group....
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BREAK-IN POINT

In era of giant suppliers, startups are winning auto business

12:01 am U.S. ET | Aug. 11, 2014
It can be a struggle for newcomers and unknowns to win business in an industry where suppliers are consolidating into a few, ever-larger corporations with global factory footprints. But one expert says the window of opportunity is now open a bit wider than before....
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Trouble looms as industry zooms

12:01 am U.S. ET | Aug. 11, 2014
As U.S. auto sales and output roar back to levels many in the industry feared they would never see again, leading industry economists and forecasters have a warning: Dark clouds are on the horizon....
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GM loses bid to dismiss revived ignition-switch lawsuit

12:52 pm U.S. ET | Aug. 9, 2014
General Motors failed to convince a Georgia judge to dismiss a revived lawsuit over the death of a 29-year-old woman that helped trigger the automaker's ignition-switch recall crisis. Cobb County State Court Judge Kathryn Tanksley today set a trial date for April 2016....
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GM idling Michigan plant 3 weeks to trim Cadillac ATS, CTS supplies

5:30 pm U.S. ET | Aug. 8, 2014
General Motors plans to idle the Michigan plant that produces the Cadillac ATS and CTS for three weeks amid a glut of inventory. The move comes as U.S. sales of the ATS and CTS sag, pushing inventories to unusually high levels....
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Delphi, now based in Britain, to contest IRS push for U.S. tax filings

11:03 am U.S. ET | Aug. 8, 2014
Delphi Automotive said it would "vigorously contest" pressure by U.S. tax authorities to file taxes in the United States as a domestic company, when its tax base is in the United Kingdom....
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JAMES B. TREECE

Toyota, supporter of Korean culture

12:28 pm U.S. ET | Aug. 8, 2014
Would you do a double-take if Volvo were the sponsor of the Country Music Awards? How about if BMW were the primary sponsor, and the only automotive sponsor, of a museum exhibit of Japanese samurai swords?...
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Mazda, Hyundai dealer in N.J. faces complaints over deceptive ads, sales

1:19 pm U.S. ET | Aug. 7, 2014
Bergen Auto Enterprises, which operates Wayne Mazda and Wayne Auto Mall Hyundai in New Jersey, is accused of marketing previously rented or damaged cars as new, and advertised already-sold or leased vehicles that were no longer available, according to a five-count complaint with the state's Division of Consumer Affairs....
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2014 MANAGEMENT BRIEFING SEMINARS

Nissan brings suppliers closer to the line

10:10 am U.S. ET | Aug. 6, 2014
Nissan North America is pulling back from a strategy of buying parts from low-cost countries and is now encouraging suppliers to locate near its assembly plants in the United States instead....
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Mexico wants more Tier 2 suppliers

11:00 am U.S. ET | Aug. 6, 2014
Mexico's auto industry has launched a long-term effort to develop a national network of Tier 2 suppliers. Tier 1 suppliers, the global giants that ship parts directly to automakers, are well represented in Mexico. But they import a lot of parts and raw materials that they need....
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2 Southern dealers team up under new group name

1:47 pm U.S. ET | Aug. 5, 2014
Warner Peacock, CEO of New River Auto Mall in South Carolina, is teaming up with Florida mega dealer David Maus to form a new company called First Team Automotive Group LLC....
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2014 MANAGEMENT BRIEFING SEMINARS

N.A. auto market seen outshining other regions, despite threats

1:09 pm U.S. ET | Aug. 5, 2014
Auto sales will continue to rise in North America through 2020 despite lingering effects of the 2009 recession, economist Jeff Schuster predicted today....
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2014 MANAGEMENT BRIEFING SEMINARS

California prepares for hydrogen fuel stations

3:44 pm U.S. ET | Aug. 5, 2014
Now that Toyota and other automakers are preparing to introduce fuel-cell vehicles in California, entrepreneurs are starting to build a network of hydrogen fuel stations....
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2014 MANAGEMENT BRIEFING SEMINARS

North American tooling demands growing from foreign automakers

12:46 pm U.S. ET | Aug. 5, 2014
As North American production rises, Asian and European automakers are asking their tool-and-die suppliers to set up shop in North America, a consultant says....
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