Business and Finance

Daimler will test self-driving trucks this year, report says

July 27, 2015 11:23 CET

Daimler is planning to test self-driving trucks as early as this year, Wolfgang Bernhard, chief of the automaker's trucks business, told a German newspaper....
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Valeo raises profit forecast, shrugs off China slowdown

July 27, 2015 10:54 CET

Valeo raised its profit outlook today, playing down the impact of a Chinese market slowdown after a record first-half order intake boosted by demand for driving-assistance and fuel-saving technologies....
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Mitsubishi throws in towel on fading era

12:01 am U.S. ET | July 27, 2015

Mitsubishi Motors Corp.'s decision last week to sell its only U.S. assembly plant illustrates an emerging new-world order in car production. Mitsubishi's Normal, Ill., plant was part of a wave of Asian-brand joint-venture auto plants in North America that opened in the 1980s and 1990s to do whatever was necessary to crack the all-important U.S. retail market....
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At last, Honda and Toyota prepare for turbo charge

12:01 am U.S. ET | July 27, 2015

After years of setting the pace in fuel economy without relying on technologies like turbocharging, direct injection or CVTs, Japan's big three will spend the next several years playing catch-up....
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TrueCar works on relationships

12:01 am U.S. ET | July 27, 2015

TrueCar's dealer relations ranks are getting a tune-up this summer, with a longtime industry insider leaving and two new execs joining the company. Separately, the company said problems converting enough shoppers into buyers hurt its second-quarter results....
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GM profit weathers China slowdown

12:01 am U.S. ET | July 27, 2015

General Motors' second-quarter results offered a sigh of relief - at least temporarily - to investors and other market watchers worried about slowing growth in China....
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The Big 3

12:01 am U.S. ET | July 27, 2015

Auto industry titan and racing mogul Roger Penske, right, was inducted into the Automotive Hall of Fame last week, along with longtime Ferrari boss Luca di Montezemolo, left, and Ratan Tata, chairman emeritus of India's Tata Sons Ltd....
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NEWS ANALYSIS

Chasing profits, JCI jumps out of seats

12:01 am U.S. ET | July 27, 2015

Johnson Controls' spinoff of its $22 billion seats-and-interiors unit, announced last week, underlines an uncomfortable truth for suppliers: Sometimes it's not enough to be No. 1. Seats don't generate the profits that they once did, and that's due to a new trend in purchasing....
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Pickups are picking up premium price tags

12:01 am U.S. ET | July 27, 2015

Last week, Ford introduced a Limited version of the F-150 that will start at about $60,000 and will likely top $70,000 when loaded with options. So what do you get when you max out other half-ton pickups sold in the U.S. with the most expensive set of options? We found prices identified more with upper-end German performance sedans than vehicles that can haul a load of hay....
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Driverless driving induces a range of anxiety on road

12:01 am U.S. ET | July 27, 2015

When Delphi engineers undertook a nine-day, 3,400-mile journey from San Francisco to New York in a driverless research vehicle in March, they got some interesting reactions from other motorists....
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1,100-hp supercar's problem? 'Too powerful'

12:01 am U.S. ET | July 27, 2015

The founder of Denmark's Zenvo might have to go to a four-wheel-drive system for the next model, just to make the replacement for the 1,104-hp ST1 more drivable. “It's too powerful,” founder Troels Vollertsen told Automotive News....
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Energy prices, flood waters are no match for Group 1

12:01 am U.S. ET | July 27, 2015

From the outside, one might assume Houston's Group 1 would be hurting. But its adjusted net income jumped 20 percent to a second-quarter record of $47.9 million, as revenue climbed 8.6 percent to $2.73 billion....
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N.A. output rises 4.6% in June

12:01 am U.S. ET | July 27, 2015

Estimated North American car and truck production in June rose 4.6 percent from a year earlier to 1,608,369 units. It was the 47th consecutive month for production to exceed 1 million units....
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SHAREHOLDER VALUE REPORT

Retailers, suppliers pace 2nd-quarter shareholder returns

12:01 am U.S. ET | July 27, 2015

Shareholder returns among global automakers in the second quarter drooped in a down global economy, but U.S. publicly owned retailers and global suppliers handily outperformed most indexes....
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Infiniti uncovers its A3 fighter

12:01 am U.S. ET | July 27, 2015

The production version of Infiniti's Q30 compact hatch unveiled last week stays faithful to the striking, and somewhat polarizing, looks of the 2013 concept....
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Here come the Kia crossovers

12:01 am U.S. ET | July 27, 2015

Kia is gearing up for a run at the fast-growing subcompact crossover segment with a dedicated hybrid model, spy photos suggest. About the size of a Honda HR-V, the unnamed Kia is likely to share a platform with a Hyundai model....
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Fiat working on Abarth variant of 124

12:01 am U.S. ET | July 27, 2015

Fiat plans a high-performance version of the upcoming Fiat 124, Alfredo Altavilla, COO of Fiat Chrysler's Europe, Africa and Middle East region, told England's Auto Express in an interview....
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BRADFORD WERNLE

Autonomous vehicle explosion brings challenges

12:01 am U.S. ET | July 27, 2015

Conundrum is defined by Webster's New World College Dictionary as a puzzling question or problem. The exploding autonomous vehicle phenomenon is presenting the automobile industry with a thicket of conundrums....
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VINCE BOND JR.

A proving ground for collaboration

12:01 am U.S. ET | July 27, 2015

Could the smartphone -- the source of so many deadly driving distractions -- prove to be an auto safety device? That question has been in my head ever since I rode along on a Honda demonstration of a safety system that integrates connected-car and autonomous-driving technologies....
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J FERRON

Thinking outside the customers' box

12:01 am U.S. ET | July 27, 2015

Innovation drives the automotive industry. But what drives innovation? I get that question all the time in the Automotive News PACE Awards Program, now in its 22nd year, where independent judges study companies that commercialize innovative products and processes. How companies innovate is only the starting point. More important is understanding why they risk capital and resources....
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EDITORIAL

Car hacking is real, and auto industry must respond

12:01 am U.S. ET | July 27, 2015

When two hackers took command of a Jeep Cherokee while journalist Andy Greenberg was driving it on public roads, an exploit revealed last week in a Wired magazine story, everything changed. Car hacking got real....
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Volvo, industry flex their CPO sales muscles

12:01 am U.S. ET | July 27, 2015

At the half-year mark, industrywide sales of certified used vehicles stood at 1,275,411, up 13 percent compared with the same period last year. The industry sold 212,843 certified units in June, an 18 percent increase over June 2014....
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Mercedes revamps supply chain to trim costs

12:01 am U.S. ET | July 27, 2015

Mercedes-Benz aims to reduce its logistics costs by about 20 percent per vehicle as the company invests hundreds of millions of euros in a global reorganization of its supply chain network. The automaker has increased production outside of its German home over the past decade but many of the components used in its cars are still sourced from Europe....
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BEST PRACTICES

Tomes' 10-foot rope a measure of success

12:01 am U.S. ET | July 27, 2015

At Bob Tomes' Ford and Subaru stores in McKinney, Texas, any staffer who gets within 10 feet of a customer must greet them and ask them about their experience and whether they can help. Workers are empowered to fix problems, and the customer satisfaction scores for the dealerships have gone up....
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Making a car's sensors work like our senses

12:01 am U.S. ET | July 27, 2015

Autopilot systems like Cadillac's Super Cruise will rely on “sensor fusion,” in which supercomputers stitch data from many sensors into a 360-degree view....
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