Business and Finance

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for May

May 4, 2015 06:01 CET

The latest issue of the Automotive News Europe e-magazine is ready for you to view. This month's edition looks at what European automakers plan to do to keep winning in China despite the normalization of the market's growth....
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Ford rides truck wave as small cars fizzle

12:01 am U.S. ET | May 4, 2015

After preparing for a future built on small cars, Ford is now straining to keep up with demand for SUVs and crossovers. What's more, the main reason Ford upped its profit guidance last week is demand for the new F-150 pickup, Americas chief Joe Hinrichs says....
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KEITH CRAIN

Piech's out at VW -- for the moment

12:01 am U.S. ET | May 4, 2015

Late last month, Ferdinand Piech resigned from his position as chairman of Volkswagen's supervisory board. Reportedly he was given the choice of resigning or being dismissed. For the first time in more than half a century, Piech is out of work -- for the moment....
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RICHARD JOHNSON

Piech's fall is a familiar tale in this industry

12:01 am U.S. ET | May 4, 2015

Let's see, patriarch of giant auto group and acclaimed automotive genius late in life squabbles with members of his own family and is forced to give up power....
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HANS GREIMEL

Detroit has little to gain from free trade with Japan

12:01 am U.S. ET | May 4, 2015

Detroit's automakers have little to gain by having Japan in the Trans-Pacific Partnership free-trade pact, even if the U.S. wins auto import concessions from Tokyo....
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Aston to court females, add crossover in growth push

12:01 am U.S. ET | May 4, 2015

Aston Martin's new target buyer is an affluent California woman in her late 30s who wants a people- and cargo-hauling crossover. Andy Palmer, the British sports car maker's new CEO, plans to deliver just that as part of a product spree aimed at boosting global sales and profit....
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A colossal month for crossovers

12:01 am U.S. ET | May 4, 2015

Crossovers pulled into the fast lane and sped ahead in April, driving a 4.6 percent rise in the month's U.S. sales to 1,455,242 light vehicles....
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Bentley concept coupe aims for Aston's turf

12:01 am U.S. ET | May 4, 2015

Bentley wants a piece of Aston Martin's sports car business. It's testing the waters with a two-seat concept coupe that has received acclaim on the auto show circuit....
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Striving to get recalls done the right way

12:01 am U.S. ET | May 4, 2015

The nation's new highway safety chief last week assembled a motley group of players with a vested interest in auto safety to fix the recall system. Among the strongest ideas: Making registration renewals contingent on completing recall repairs and assigning risk levels to make the more serious issues stand out....
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Dodge Dart lease subsidies eliminated

12:01 am U.S. ET | May 4, 2015

Fiat Chrysler is telling dealers in one region to consider cutting back orders of the Dodge Dart after the company said it is reducing lease support for the compact car....
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Civil settlements for price fixing rise

12:01 am U.S. ET | May 4, 2015

Civil settlements have exceeded $270 million in federal litigation stemming from the ongoing U.S. criminal antitrust investigation into automotive supplier price fixing....
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He's sold Floyd Mayweather 39 cars and counting

12:01 am U.S. ET | May 4, 2015

Los Angeles exotic-car dealer Obi Okeke was sound asleep when his phone rang one morning at 3 a.m. last year....
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Full speed ahead on 2016 Maxima launch

12:01 am U.S. ET | May 4, 2015

Nissan says its factory launch of the newly redesigned 2016 Maxima will be its most flawless. Tighter project deadlines eliminated the last-minute design changes. The precision will allow Nissan to reach full production on three shifts in only four weeks....
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M-B nabs the top spot from BMW in luxury race

12:01 am U.S. ET | May 4, 2015

With a strong April, Mercedes-Benz took over the top spot from BMW through four months in the tight U.S. luxury sales race....
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EDITORIAL

Industry learns how to manage in good times

12:01 am U.S. ET | May 4, 2015

The U.S. auto industry is in the midst of an unprecedented stretch of growth and prosperity....
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Heat, tension and mistrust. But ‘the dominoes fall our way’

12:01 am U.S. ET | May 4, 2015

As director of the EPA's Office of Transportation and Air Quality, Margo Oge helped lead the charge to implement federal regulations designed to slash vehicle emissions and double fuel economy to a 54.5 mpg average by the 2025 model year....
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Beat goes on for Subaru, Audi, FCA

12:01 am U.S. ET | May 4, 2015

Audi, Subaru and Fiat Chrysler Automobiles kept their U.S. sales streaks alive in April. Audi marked the brand's 52nd straight monthly sales record. Subaru reported its 41st consecutive month of growth. FCA US posted its 61st straight month of year-over-year gains....
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Champion of mpg pact says it will hold up

12:01 am U.S. ET | May 4, 2015

One of the chief architects of U.S. mandates for huge gains in fuel economy by 2025 says automakers have made so many technical advances they'll pass on their chance to push for less-stringent rules....
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2 industry titans in turmoil

12:01 am U.S. ET | May 4, 2015

Two of Europe's automotive titans, long used to getting their way in boardroom intrigues, suffered rare defeats in late April that threaten to alter permanently the empires they built....
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WHERE'S THE ACTION?

California dealers attract buyers despite business climate

12:01 am U.S. ET | May 4, 2015

Dealers are eager to buy dealerships in California again....
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EDITORIAL

Post-recession ripples

12:01 am U.S. ET | May 4, 2015

In December, General Motors delayed auctioning some retired rental-fleet vehicles because of depressed prices....
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AUTOMECHANIKA CHICAGO TRADE SHOW

Repair shops strive to stay head of the pace

12:01 am U.S. ET | May 4, 2015

insurance companies are increasingly savvy at reducing payments for repair work. Repair shops say insurers are steering them to aftermarket parts from China and other low-cost countries, which some say are inferior to factory-approved parts....
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Nissan tweaks dealer sales incentives

12:01 am U.S. ET | May 4, 2015

Nissan has revised the Sales Growth Plan it introduced in 2014 as an alternative to controversial stair-step programs. Regional Chairman Jose Munoz says the new Nissan10 Sales Growth Program addresses last year's complaints; some dealers are still not satisfied....
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M-B needs to grow service capacity, Cannon says

12:01 am U.S. ET | May 4, 2015

Mercedes-Benz USA is on track to sell 400,000 vehicles in the next few years and needs 25 percent more service capacity at its dealerships, said CEO Steve Cannon....
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Sleek Malibu may be just the start for GM

12:01 am U.S. ET | May 4, 2015

Much of General Motors' sedan lineup in coming years will go on the same diet that shaved a whopping 300 pounds from the redesigned 2016 Chevrolet Malibu....
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