Business and Finance

Citroen withholds new crossover from booming segment in Europe

Oct. 21, 2014 12:17 CET
Citroen's new C3-XR subcompact crossover will remain a China-only vehicle after the brand ruled out European sales of the model. Citroen says the C4 Cactus is a better fit in Europe for customers seeking a small SUV-styled vehicle....
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Chinese auto market growth will slow to 5% this year, group says

Oct. 21, 2014 11:34 CET
China's vehicle sales will likely rise just 5 percent in 2014 to 23 million, according to the country's main auto association, which revised its growth forecast downward for the second time this year....
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China plant prompts Land Rover to target 10% premium SUV market share

Oct. 21, 2014 08:26 CET
Jaguar Land Rover aims to capture 10 percent of China's premium SUV market as its first local plant allows the UK luxury marque to cut prices and boost sales in the world's largest auto market....
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'Aggressive' EV ambitions will boost aluminum demand in China

Oct. 21, 2014 12:02 CET
China's drive to build electric cars as a way to combat pollution and reduce energy dependence is likely to set up a greater-than-forecast surge in demand for aluminum, according to Novelis, the world's biggest supplier of the material to automakers....
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China's 'aggressive' EV ambitions to drive demand for aluminum

6:23 am U.S. ET | Oct. 21, 2014
China's drive to build electric cars is likely to set up a greater-than-forecast surge in demand for aluminum, according to Novelis, the world's biggest supplier to automakers of aluminum sheets....
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Tesla courted suppliers in bid to stop bill banning direct sales in Mich.

6:22 pm U.S. ET | Oct. 20, 2014
Tesla Motors looked for support from its suppliers in Michigan in the company's unsuccessful bid to get Governor Rick Snyder to veto a bill that bans Tesla from selling its EVs directly to customers in the state....
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BEST PRACTICES

A terrible wreck, but not a total loss

12:01 am U.S. ET | Oct. 20, 2014
Most dealerships send totaled cars straight to the junkyard. White Bear Mitsubishi put one on display, and it has been reaping the rewards ever since....
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Kia to build production version of GT concept

12:01 am U.S. ET | Oct. 20, 2014
Kia's GT concept, a four-door luxury coupe that turned heads at the 2011 Frankfurt auto show, will be produced for sale in the U.S. The new Kia halo car is expected to appear in 2017, according to a person familiar with the company's plans....
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BILL LIA: Keep stores modern

12:01 am U.S. ET | Oct. 20, 2014
"People keep asking us for our store designs," says Bill Lia, the 78-year-old CEO of Lia Auto Group in Albany, N.Y., which just finished building its 19th dealership. "We want to keep everything modern and up to date."...
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WHO WANTS HYBRIDS?

Falling gasoline prices make alternative-fuel vehicles a tougher sell

12:01 am U.S. ET | Oct. 20, 2014
For a sign of the challenges in selling fuel efficiency as a virtue, Tanner Hulette need only look at the signs near his dealership advertising gasoline for $2.70 a gallon. Hulette, general manager of Mechanicsville Toyota near Richmond, Va., said he's seeing higher demand for pickups and SUVs, and less interest in the Prius hybrid....
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Toyota recalls 247,000 vehicles in U.S. over Takata airbags

11:24 am U.S. ET | Oct. 20, 2014
Toyota recalled 247,000 cars, SUVs and pickup trucks in the United States today because of potentially defective front passenger airbag inflators from Japanese supplier Takata that can rupture and spray metal shrapnel, according to federal safety regulators....
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Land Rover will build Discovery Sport as second model in China plant

Oct. 20, 2014 12:49 CET
Jaguar Land Rover will build the Discovery Sport midsize SUV as a second model in its new China factory after the Range Rover Evoque. The Discovery Sport is based on the Evoque....
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Jaguar Land Rover is in talks for U.S. plant, report says

Oct. 20, 2014 13:13 CET
Jaguar Land Rover is in talks with several southern U.S. states about building a factory that would eventually produce 200,000 vehicles a year, a UK newspaper reported. JLR did not confirm or deny the report....
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Q&A

Geely set to debut its first 'Horbury'

12:01 am U.S. ET | Oct. 20, 2014
Geely's GC9, the Chinese brand's flagship sedan set to debut at the Guangzhou auto show next month, is being touted as the first Geely developed under the design auspices of Peter Horbury....
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SRT versions of Jeep Grand Cherokee to stay -- for now

12:01 am U.S. ET | Oct. 20, 2014
When Chrysler Group said in May that the SRT designation would be for Dodge vehicles only, it was silent on the fate of the SRT versions of the Chrysler 300 and Jeep Grand Cherokee. Now, clues are surfacing about the automaker's plans for the vehicles....
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AutoNews Now: Concerned Cadillac dealers

12:01 am U.S. ET | Oct. 20, 2014
GM says big network can be asset as some stores fear consolidation; Hyundai seeks capacity; Porsche ahead of plan; Toyota expands recall....
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Deaths linked to GM ignition-switch defect rise to 29

11:16 am U.S. ET | Oct. 20, 2014
The program to compensate victims of a faulty ignition switch in GM vehicles has approved two new death claims, bringing the total number of deaths linked so far to the switch to 29, according to a report released on Monday by the lawyer overseeing the program....
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Tesla's sales limits in Michigan tightened by one word of law

8:32 am U.S. ET | Oct. 20, 2014
By the removal of a personal pronoun from state law, a bill awaiting Governor Rick Snyder's signature would make it harder for Tesla Motors to sell its electric vehicles directly to customers in Michigan....
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918 Spyder nearly sold out, Porsche says

12:01 am U.S. ET | Oct. 20, 2014
Porsche's limited-run 918 Spyder is nearing sellout status. Production of the plug-in hybrid supercar's 918 promised units will end next July, and planned production is sold out through late March or early April, said Andre Oosthuizen, vice president of marketing for Porsche Cars North America Inc....
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Ford will invest 240 million euros in UK on cleaner diesels

Oct. 20, 2014 11:31 CET
Ford will invest a further 240 million euros (190 million pounds) in its factory in Dagenham, southern England, as part of a new diesel engine program. Ford will start producing low-carbon 2.0-liter diesels at the factory late next year....
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CarMax's U-turn: A return to Web leads

12:01 am U.S. ET | Oct. 20, 2014
Used-car powerhouse CarMax has begun posting vehicle inventory again on AutoTrader.com and Cars.com after a 16-month hiatus. The shift underscores the challenge that new-car leader AutoNation faces in its effort to rely less on third-party lead sites....
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AutoNation won't up and quit 3rd parties

12:01 am U.S. ET | Oct. 20, 2014
Mike Maroone, COO of AutoNation Inc., said the dealership group intends to proceed cautiously in reducing its reliance on third-party online shopping sites....
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Getrag, Dongfeng form dual clutch transmissions JV in China

Oct. 20, 2014 10:54 CET
Germany's Getrag formed a joint venture with Dongfeng to develop and produce dual clutch transmissions in China. The joint venture will start manufacturing transmissions for compact cars in 2016 at a factory in Wuhan....
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Are railroads snubbing autos?

12:01 am U.S. ET | Oct. 20, 2014
Automakers frustrated by expensive delays in transporting vehicles to dealerships are about to learn whether railroads give preferential treatment to other shippers....
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Timeline: Regrowing pains

12:01 am U.S. ET | Oct. 20, 2014
A look back at the events of August, September and October, 2009...
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Special Report
No. 1 store empowers, retains employees

No. 1 store empowers, retains employees

Texas dealer Greg May encourages his staffers to provide input and solve problems on their own. Mon., October 20
» Watch the Video
     
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