Business and Finance

New generation of cheaper batteries adds power to hybrids, cut fuel use

12:01 am U.S. ET | March 25, 2015

A new generation of hybrid cars that combine electric and gas power in new ways are emerging as a low-cost alternative for automakers and consumers as batteries get cheaper and more efficient. The new microhybrid systems are coming on line just as automakers face a U.S. goal of 54.5 miles per gallon on average by 2025....
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Chevy revives Malibu hybrid with 2016 redesign

9:00 am U.S. ET | March 25, 2015

Chevrolet will offer a hybrid version of the next-generation Malibu sedan that will exceed 45 mpg in combined highway and city driving, marking GM's first full-hybrid passenger car after finding little success in recent years with light electrification....
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Automakers in race to double range of affordable EVs

1:52 pm U.S. ET | March 25, 2015

Automakers are readying a new generation of mass-market electric cars with more than double the driving range of today's Nissan Leaf, betting that technical breakthroughs by big battery suppliers will jump-start demand and pull them abreast of Tesla....
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Kia to build Forte compact and a small car at Mexico plant

9:53 pm U.S. ET | March 25, 2015

Kia Motors plans to make its Forte compact and an unidentified small car targeted at the local market at its planned factory in Mexico....
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'We've got too many damn tiers,' UAW head tells cheering delegates

10:50 am U.S. ET | March 25, 2015

In a fiery address to hundreds of UAW delegates, union President Dennis Williams said auto workers sacrificed during the recession and now must get that compensation back....
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Detroit Diesel to invest $208 million in Mich. plant upgrades, create 245 jobs

10:04 am U.S. ET | March 25, 2015

Detroit Diesel Corp. plans to upgrade its nearly 75-year-old manufacturing plant in suburban Detroit. The manufacturer of diesel engines is expected to invest $208 million to add new machinery and equipment for a new medium-duty diesel engine line, creating an anticipated 245 jobs....
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JIM HENRY

BLOG: If dealers don't weigh in, they can't gripe

12:30 pm U.S. ET | March 25, 2015

Dealers have a chance right now to weigh in on what they like and don’t like about their lenders, and they shouldn’t miss the opportunity.
...
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Average U.S. gasoline usage lowest in 3 decades, study says

2:09 pm U.S. ET | March 25, 2015

With improvements in vehicle fuel economy, U.S. drivers’ average gasoline consumption is the lowest it’s been in at least 30 years, according to research by the University of Michigan released today....
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'Top Gear' host Jeremy Clarkson fired by BBC

1:19 pm U.S. ET | March 25, 2015

The BBC today dropped British "Top Gear" motoring show host Jeremy Clarkson, who built a global fan base while repeatedly causing offence with strongly worded views, after finding he had physically attacked a producer....
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Tata plans to raise $1.2 billion to help fund Jaguar Land Rover expansion

March 25, 2015 17:52 CET

Tata Motors plans to raise as much as $1.2 billion in a rights offer to help fund investments at its Tata and Jaguar Land Rover brands. Jaguar Land Rover plans to add more than 40 new products and to increase manufacturing capacity in the UK, in China, Brazil and other markets....
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Automakers race to double the driving range of affordable electric cars

March 25, 2015 12:06 CET

Automakers are readying a new generation of mass-market electric cars with more than double the driving range of today's Nissan Leaf, betting that breakthroughs by battery suppliers will increase demand and help them compete better with Tesla....
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TRW in talks with India’s Amtek to sell suspension business, reports say

10:29 am U.S. ET | March 25, 2015

Amtek Auto, an Indian car parts maker, is among companies in talks to acquire TRW's suspension business, people familiar with the matter said....
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Ford recalls 220,000 vehicles in N.A. for 3 issues

9:25 am U.S. ET | March 25, 2015

Ford Motor Co. is recalling more than 220,000 vehicles in North America for potential issues with door handles, vacuum pump relays and sensors....
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Former GM Europe chief Forster will lead UK taxi builder

March 25, 2015 06:01 CET

Auto industry veteran Carl-Peter Forster, who once headed GM Europe and Tata Motors, is new board chairman at London Taxi Company, which builds the UK's iconic black cabs....
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India's Mahindra said to be in talks to buy car designer Pininfarina

7:49 am U.S. ET | March 25, 2015

Mahindra & Mahindra, India's largest maker of SUVs, is in talks to buy Italian auto design and engineering company Pininfarina SpA, people familiar with the matter told Bloomberg....
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Renault seeks fresh start with single model to replace Laguna and Latitude midsize cars

March 25, 2015 11:33 CET

Renault will replace its slow-selling Laguna and Latitude midsize cars in Europe later this year with a single model in a bid to get a fresh start against rivals such as the Volkswagen Passat and Peugeot 508....
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Volvo appoints Europe boss as part of global reorganization

March 24, 2015 11:43 CET

Volvo named Anders Gustafsson as head of Europe, Middle East and Africa, one of three global business regions that also include new divisions for the Americas and Asia....
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UAW rank-and-file decry Tier 2 pay at bargaining convention

3:10 pm U.S. ET | March 24, 2015

Opposition to the Tier 2 pay scale is so pervasive at this week’s UAW bargaining convention that the only delegates speaking against a proposal to reduce the pay gap between veteran and entry-level workers at the Detroit 3 are those who want to see it eliminated outright....
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Jaguar's revamped XF sedan slims down to boost fuel efficiency

3:00 pm U.S. ET | March 24, 2015

Jaguar's redesigned XF sedan has taken a big leap in refinement, weight savings and fuel efficiency. The brand unveiled the second generation of its best-seller with a spectacular high-wire stunt drive across the Thames river in London on Tuesday....
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Jaguar unveils new XF; touts sedan's good looks, fuel efficiency

March 24, 2015 17:09 CET

Jaguar says its new XF sedan has taken a big leap in levels of refinement, low weight and fuel efficiency. The brand unveiled the second generation of its best-seller with a high-wire stunt drive in London....
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Renault reinforces quality oversight

March 24, 2015 12:09 CET

Renault aims to improve its quality and customer satisfaction ratings by moving its Americas chief, Denis Barbier, to a new role overseeing those two areas....
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RICHARD TRUETT

BLOG: The latest tech is great -- until you have to replace it

12:01 am U.S. ET | March 24, 2015

There is a downside to rapidly advancing automotive technology: Break something, and you'll pay an eye-popping amount to get it fixed....
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Fewer photos prevents 'image fatigue,' used-car shopper report says

4:04 pm U.S. ET | March 24, 2015

Too many photos in online used-vehicle listings can cause “image fatigue” for consumers, a study released today found. The optimal number? Nine....
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Tesla Model X spotted on Calif. roads

4:00 pm U.S. ET | March 24, 2015

Tesla has begun testing the Model X crossover on public roads, suggesting the automaker has reached the final testing phase before the electric vehicle's launch this summer. Photographs of the Model X, taken near Tesla's California headquarters, show the basic design has changed little since the first prototype was unveiled in 2012....
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Mule seems to point to new life for Dodge minivan

11:30 am U.S. ET | March 24, 2015

Spy photographers have captured images of a next-generation Dodge minivan mule -- likely testing a hybrid powertrain -- driving in the U.S. Southwest. The problem: There isn't supposed to be a next-generation Dodge minivan in the United States....
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