Business and Finance

Jaguar picks XE as first China-made model

Dec. 21, 2014 06:01 CET
Jaguar's new XE will be the brand's first model made in China. The midsize premium sedan will be built alongside the Land Rover SUVs in Changshu....
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Japan's laws, attitude help recalls work better

12:01 am U.S. ET | Dec. 21, 2014
In Japan, automakers achieve recall rates that automakers in North America could only dream of....
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VIN switcheroo a crushing defeat for Mini Cooper

12:01 am U.S. ET | Dec. 21, 2014
It won't be a merry Christmas for the Mini enthusiast who bought a classic Mini Cooper in England and had it shipped to the United States....
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In Russia, all are losing, but none are leaving

12:01 am U.S. ET | Dec. 21, 2014
Despite suffering heavy losses in Russia's sinking economy, global automakers say they still expect a long-term payoff from their huge investments there....
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TAKATA AIRBAG CRISIS

Honda dealers face recall phone blitz

12:01 am U.S. ET | Dec. 20, 2014
Suppliers, regulators, automakers and consumers are struggling to understand the scope and implications of a defect in Takata airbags that has led to recalls of millions of vehicles. For Honda and Acura dealers, it's a chore just to keep up with the phone calls....
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Opel CEO warns that 2016 profit target is under threat, report says

Dec. 20, 2014 22:07 CET
Opel CEO Karl-Thomas Neumann has warned top managers that the General Motors unit's 2016 profit target is under threat from economic setbacks, according to a German daily paper....
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U.S. auto recalls top 60 million as response to defects shift

9:38 am U.S. ET | Dec. 20, 2014
Automobile recalls surpassed the 60 million mark in the United States for the first time in a single year, largely because of the rush to prevent more deaths from defective General Motors ignition switches and Takata airbags....
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JAMES B. TREECE

Regulation vs. technology -- why are U.S. roads getting safer?

9:21 am U.S. ET | Dec. 20, 2014
Here's some good news you didn't read much about this year: US roads are safer. The number of people who died in traffic crashes fell 3 percent in 2013, the National Highway Traffic Safety Administration said on Friday....
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AvtoVAZ blames supplier woes for Lada's loss of No. 1 spot

Dec. 20, 2014 06:01 CET
AvtoVAZ blamed supplier problems for Ladas failure to have the No. 1-selling car in Russia last month after the Kia Rio outsold the Lada Granta....
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New Volt to get ELR's battery regeneration system

12:01 am U.S. ET | Dec. 20, 2014
The second-generation Chevrolet Volt will have the driver-controlled battery regeneration system used in the Cadillac ELR....
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The repo man now hunts on social media

12:01 am U.S. ET | Dec. 20, 2014
Social media is used for more than just keeping up with friends. It's also being used to find people who have defaulted on their auto loans....
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FCA US recalls 3.3 million more vehicles with Takata airbag inflators

4:49 pm U.S. ET | Dec. 19, 2014
FCA US said today it will replace driver-side airbag inflators in as many as 3.3 million more older-model vehicles, in a capitulation to a demand by the National Highway Traffic Safety Administration....
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GM develops contingency plans in case Takata recalls widen

2:59 pm U.S. ET | Dec. 19, 2014
General Motors has developed contingency plans in case recalls of potentially lethal Takata-made airbag inflators widens, forcing the automaker to repair millions of vehicles, the company said today....
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JIM HENRY

Free of U.S. ownership, Ally expects cheaper funds, maybe more subprime deals

3:13 pm U.S. ET | Dec. 19, 2014
Ally Financial is “free at last,” to borrow a phrase CEO Michael Carpenter used earlier this year to describe how it would feel for Ally finally to put six years of government ownership behind it....
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U.S. traffic fatalities fell 3% in 2013, return to record low rate

2:17 pm U.S. ET | Dec. 19, 2014
The number of people who died in traffic crashes fell 3 percent in the United States to 32,719 fatalities in 2013, the National Highway Traffic Safety Administration said today, crediting a combination of stricter regulation and advanced safety technology....
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Technology winning the war on auto theft, report shows

2:31 pm U.S. ET | Dec. 19, 2014
Vehicle security technology and communication with law enforcement have been standing between thieves and their targets, with last year's vehicle theft rate at its lowest since 1960, a National Insurance Crime Bureau report said....
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Nissan tops 100,000 sales in Canada for first time, gains market share

2:02 pm U.S. ET | Dec. 19, 2014
Nissan said its sales in Canada have reached a record-breaking 100,000 new vehicles this year....
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Mercedes recalls 8,279 Sprinter vans in U.S. for possible oil leak

11:02 am U.S. ET | Dec. 19, 2014
Mercedes-Benz is recalling 8,279 Sprinter vans in the United States because of a potential oil leak that would increase the risk of a fire or a stalling engine, according to documents filed by federal safety regulators....
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FCA recalling Dodge Ram pickups for possible loose fastener

9:56 am U.S. ET | Dec. 19, 2014
FCA US, the former Chrysler Group, is recalling almost 288,000 Dodge Ram pickup trucks globally that had been under review by federal safety regulators over complaints that a loose fastener might cause the rear axle to lock up or detach....
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CarMax says Q3 net income rose 22% to $130 million

9:14 am U.S. ET | Dec. 19, 2014
CarMax, the largest used-car seller in the United States, said net income surged 22 percent in its third fiscal quarter as easier credit boosted vehicle sales....
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Renault works on Citroen C4 Cactus rival

Dec. 19, 2014 14:47 CET
Renault is developing an affordable small car that could preview a future rival to the Citroen C4 Cactus....
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Google aiming to go straight into car with next Android, report says

7:51 am U.S. ET | Dec. 19, 2014
Google is laying the groundwork for a version of Android that would be built directly into cars, sources told Reuters, allowing drivers to enjoy all the benefits of the Internet without even plugging in their smartphones....
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Ghosn says ruble plunge a 'bloodbath' for automakers

Dec. 19, 2014 10:04 CET
The ruble's plunge is creating a "bloodbath" for automakers in Russia, Renault-Nissan CEO Carlos Ghosn said. Nissan and Renault have stopped taking orders for some cars in Russia and could raise prices on others if the ruble continues to fall, he said....
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Ally's six-year bailout ends after U.S. sells $1.28 billion stake

7:48 pm U.S. ET | Dec. 18, 2014
The Treasury disposed of its remaining $1.28 billion stake in auto lender Ally Financial, resolving the last big bailout from an emergency government program to halt the 2008 financial crisis. Ally said the government ultimately gained $2.4 billion from its investment....
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Cadillac says CT6 rearview mirror will have high-res video

3:00 pm U.S. ET | Dec. 18, 2014
Cadillac plans to introduce a rearview mirror embedded with high-resolution streaming video that gives the driver more expansive rearward vision, unobstructed by headrests, passengers and the car's roof or rear pillars....
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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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