United States

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 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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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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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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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

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

Imagining the impossible -- a Bimmer pickup?

8:19 am U.S. ET | Aug. 4, 2014
Would any self-respecting BMW enthusiast be caught dead hauling cargo around town in an open-bed 3-Series?...
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2014 MANAGEMENT BRIEFING SEMINARS

U.S. launches safety inspections of Southern auto suppliers

8:44 am U.S. ET | Aug. 4, 2014
Alarmed by what it calls higher than normal incidents of injuries and safety lapses, the Occupational Safety and Health Administration has launched an inspection of auto parts plants across Alabama, Georgia and Mississippi. The federal safety agency plans to send field agents to inspect some 2,900 factories -- literally every auto parts plant in those three states....
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PLUGGING IN

Chinese supplier lays plans to revive Fisker and give itself a jolt

12:01 am U.S. ET | Aug. 4, 2014
If Lu Guanqiu has his way, his Wanxiang Group will bring the Fisker Karma back to life and establish the Chinese supplier as a high-profile coach-builder in the United States. There are big ifs. But Lu is not accustomed to failure....
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U.S. sales of luxury brands through July outpace overall market

12:01 am U.S. ET | Aug. 4, 2014
Memories of the recession have all but disappeared in the rearview mirror for Mercedes-Benz, Lexus, BMW and most other luxury brands, with their sales rising considerably faster than the rest of the industry this year....
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Sales streaks in a sizzling market

12:01 am U.S. ET | Aug. 4, 2014
Chrysler Group led major automakers with a 20 percent gain in U.S. sales for July. It was the 52nd consecutive month of year-over-year increases for the once-bankrupt company....
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Toyota to name fuel cell vehicle Mirai, report says

12:01 am U.S. ET | Aug. 4, 2014
Toyota will name its $69,000 fuel cell car Mirai, the Japanese word for future, a source told Bloomberg....
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Sonic exits Mich., looks elsewhere

12:01 am U.S. ET | Aug. 4, 2014
After divesting the last of its four stores in Michigan last month, Sonic Automotive Inc. plans to use the proceeds of the sales to buy more dealerships in other markets....
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M-B, Infiniti engines get global input

12:01 am U.S. ET | Aug. 4, 2014
To source fuel-efficient engines for their new small, premium cars, competitors Mercedes-Benz and Infiniti joined forces to create the Infiniti Powertrain Plant. Its an engine plant that is a little bit German, a little bit Japanese, a little bit American and very much global....
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Tesla digs, but isn't sold on Reno

12:01 am U.S. ET | Aug. 2, 2014
Tesla Motors hasn't decided on a site for its so-called gigafactory, but it's moving forward as though it has....
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