Retail

GM, too, removes parts to weigh pickups, boost payload ratings

7:09 pm U.S. ET | July 30, 2014
GM says it deletes heavy items such as the rear bumper from certain pickups when it weighs them in order to boost the vehicles' maximum payload ratings. GM says it adopted the practice for the 2014 model year in response to competitive pressures as it launched redesigned full-sized pickups....
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Penske Q2 net income rises 18% on strong gains in all segments

7:30 am U.S. ET | July 30, 2014
Penske Automotive Group's second-quarter net income rose 18 percent from the year-earlier period on higher new- and used-vehicle unit sales....
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Toyota luxury boss says sub-$30K car 'wouldn't be a Lexus'

3:10 pm U.S. ET | July 30, 2014
A senior Lexus executive said that a car priced below $30,000 would not be worthy of the brand, in an indirect dig at German rivals who have been moving downmarket. "We could go down and build a car under $30,000, but it would be decontented, and you'd be cutting corners. It wouldn't be a Lexus," Mark Templin, Lexus International's executive vice president, told Automotive News....
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Jaguar touts aluminum features on upcoming XE

12:35 pm U.S. ET | July 30, 2014
Jaguar Land Rover is touting the aluminum features on its upcoming Jaguar XE sedan, promising it will be the most fuel efficient vehicle in brand history....
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VW closes gap on Toyota's global lead

July 30, 2014 08:02 CET
Volkswagen is closing in on Toyota as the global leader in vehicle sales, with a rapid expansion drive in China while Toyota curbs growth to focus on shoring up quality....
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Tesla's Musk to portray himself on 'The Simpsons'

10:26 am U.S. ET | July 29, 2014
Tesla Motors CEO Elon Musk will be providing the voice for himself in an episode in the 26th season of “The Simpsons,” the show's executive producer, Al Jean, said at a recent Comic-Con panel....
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Ford's new F-150 takes aim at Ram's highway mpg crown

3:51 pm U.S. ET | July 29, 2014
Ford hopes to regain fuel economy bragging rights in big pickups by offering a special “SFE” package on the aluminum-bodied 2015 F-150. The Super Fuel Economy package -- or SFE -- will be available on XL and XLT models. It will be powered by the company's newest engine: a lightweight and compact 2.7-liter twin turbo V-6 equipped with stop-start....
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Daimler reaches labor deal on overhauling Mercedes' German sales network

July 29, 2014 06:01 CET
Daimler has reached a labor agreement that will allow it to sell some Mercedes dealerships in Germany as part of a wider plan to overhaul its sales network in the market....
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JAMIE LaREAU

Another hole-in-one gives California dealer a second chance

2:41 pm U.S. ET | July 29, 2014
For eight years, Folsom Lake Kia and Folsom Lake Ford near Sacramento have sponsored charity golf tournaments without anyone ever hitting a hole-in-one. Yet for the second time this year, a golfer has put it in the cup, winning a new car....
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GM dogged by recalls, lingering dealer disputes in Canada

12:34 am U.S. ET | July 29, 2014
A wave of recalls, lingering disputes with dealers after its 2009 bankruptcy, and weak pickup volume are undermining GM's sales in Canada, the company's seventh-biggest market....
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Italy mulls incentives to boost 'fragile' car market

July 29, 2014 13:32 CET
The Italian government is considering offering tax incentives to encourage new car purchases by both private and public sector owners, Transport Minister Maurizio Lupi said....
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Faurecia increases earnings target

July 29, 2014 11:39 CET
Faurecia raised its 2014 earnings forecast after first-half profit jumped 21 percent on strong demand in Asia and higher market share in its home region....
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Toyota plans to name $69,000 fuel-cell vehicle Mirai, report says

9:59 am U.S. ET | July 29, 2014
Toyota is planning to name its $69,000 fuel-cell car Mirai, the Japanese word for future, a person familiar with the decision told Bloomberg....
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GKN confident as auto-unit growth offsets currency hit

July 29, 2014 13:50 CET
GKN says it is confident regarding the rest of 2014 after first-half profit at its car parts supply division rose 6 percent, helping to offset the effects of a currency hit....
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2014 PARIS AUTO SHOW

Skoda bets on sporty design to boost Fabia sales

July 29, 2014 06:01 CET
Skoda has given its Fabia subcompact a more dynamic, sharper and sportier design. The latest-generation Fabia will debut at the Paris auto show in October....
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CLASS WARFARE

Ford, Ram quarrel over heavy-duty pickup towing title

12:01 am U.S. ET | July 28, 2014
Ford Motor Co. is threatening legal action if Ram keeps claiming that its pickups offer "best-in-class" towing. Ram's response? In so many words, it's telling Ford to go pound sand....
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Ford hikes revamped F-150 pickup prices as much as $3,615

11:36 am U.S. ET | July 28, 2014
Ford is raising prices on the new 2015 aluminum-bodied F-150 pickup by $360 to $3,615, or 1 percent to 8 percent, and has trimmed the number of models to five from 11. When the new truck arrives this fall, the least expensive F-150 will be the XL model powered by a 283-hp V-6 engine at a starting price of $26,220, which includes a $1,195 shipping charge....
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Consumer Reports presses Toyota to recall some 177,500 Camry hybrids

4:21 pm U.S. ET | July 28, 2014
Consumer Reports called on Toyota to recall about 177,500 older Camry hybrid sedans to address potential power brake defects....
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Many drivers are ready for autonomous cars, survey says

5:02 pm U.S. ET | July 28, 2014
A significant percentage of drivers are ready for their cars to do the driving for them. In a study conducted in June by Insurance.com, 32 percent of the 2,000 licensed drivers surveyed said they would not continue to drive themselves once a self-driving car became available....
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Tesla, Panasonic reach agreement on U.S. battery plant, report says

3:42 pm U.S. ET | July 28, 2014
Panasonic has reached a basic agreement with Tesla Motors to initially supply the electric automaker's proposed lithium-ion battery plant in the United States with machinery to make battery cells, the Nikkei said....
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YANG JIAN

VW, Ford, Nissan eye China's entry-level market

4:35 am U.S. ET | July 28, 2014
Global automakers have long been reluctant to sell cheaper vehicles in China as they seek to protect their healthy profit margins. But now foreign automakers are moving into China's entry-level segment in a quest for market share....
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Asbury to double pace of acquisitions

12:01 am U.S. ET | July 28, 2014
Asbury Automotive Group Inc. aims to double its acquisition pace during the next 18 months....
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Sonic 'delighted' with rollout of new retail plan

12:01 am U.S. ET | July 28, 2014
Three weeks into Sonic Automotive Inc.'s customer experience initiative, customers at the pilot store aren't yet getting the promised iPad-enabled transaction with a single salesperson....
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SHAREHOLDER VALUE

Lithia's big DCH deal was a boon for shareholders

12:01 am U.S. ET | July 28, 2014
Lithia Motors' big acquisition last month fueled a strong second quarter for the publicly traded retailer in terms of shareholder value return....
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Targeted digital ads start with car color

12:01 am U.S. ET | July 28, 2014
New York digital marketing company Eyeview is betting that its color-morphing capabilities will trigger an emotional reaction from consumers who spent time researching a vehicle and likely visualized themselves in it. And research shows that vehicle color is a crucial part of the shopping experience....
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