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Nissan vehicles to use common visible parts
Fiat Chrysler to abandon sub-$25,000 minivans
Kia to unveil off-roader concept at Chicago show
Ford on verge of promoting newer UAW hires to top-tier pay for first time
Fiat Chrysler to air 3 Super Bowl ads
GM's lease incentive move to captive unit surprised, angered Ally's chief
Don't get mad, get a lawyer, panelists say
One vehicle that deserved a Super Bowl ad
Volvo and the 'sweet hereafter'
Ford's new F-150 and Transit face tough scrutiny from pundits, competitors
AutoNews Now: Chevy's chance to score?
First Shift: Recall clips Honda profit
Musk at Automotive News World Congress
2015 Automotive News PACE Awards
2015 Automotive News Marketing Seminar - Los Angeles
2015 Automotive News Marketing Seminar - New York
Company Information
Over-the-air auto software updates opens market to acquisitions 2:47 pm U.S. ET | Jan. 28, 2015
Over-the-air software updates -- a no-fuss, no-muss infotainment feature popularized by Tesla Motors -- is rapidly spreading to the entire auto industry, fueling high-price acquisitions in the segment....Read More »
TI Automotive to be acquired by Bain for $2.4 billion, report says 8:36 am U.S. ET | Jan. 27, 2015
Global fuel systems supplier TI Automotive, after months of wrangling and speculation, said today it has agreed to be acquired by private equity firm Bain Capital LLC. The deal is valued at $2.4 billion, sources told Bloomberg....Read More »
Renault poised for big boost from new SUVJan. 27, 2015 06:01 CET
Renault's new Kadjar will become a top-seller in Europe's key compact SUV segment, according to a forecast. The French automaker needs a boost after its Koleos flopped in a fast-growing niche dominated by alliance partner Nissan's Qashqai....Read More »
Soros is ready to move on auto dealerships 3:40 pm U.S. ET | Jan. 26, 2015
Wall Street powerhouse Soros Fund Management is ready to move on a deal to acquire auto dealerships, a representative of the fund said at a private dinner Saturday in San Francisco, according to two sources who attended the event. Soros is prepared to invest as much as $1 billion on dealerships, one of the sources said....Read More »
Dana sells Venezuelan unit amid exchange rate trouble 4:05 pm U.S. ET | Jan. 26, 2015
As Venezuela’s automotive industry continues to falter amid exchange rate problems, powertrain supplier Dana Holding today said that it has sold its Venezuelan unit, CA Danaven....Read More »
GM’s confirmed ignition deaths hit 50 as claims deadline nears 1:14 pm U.S. ET | Jan. 26, 2015
Confirmed deaths tied to General Motors' defective ignition switches stand at 50, four times GM’s estimate through much of 2014, as a deadline nears Saturday for sending in claims....Read More »
EDITORIAL
Be bold, spend big -- and don't go overboard 12:01 am U.S. ET | Jan. 26, 2015
Dealers, automakers and suppliers enter the new year on an investment kick....Read More »
Volvo's revival plan 'starts now' 12:01 am U.S. ET | Jan. 26, 2015
After its U.S. market share fell to the lowest level since 1978, Volvo has put its global product strategy chief in charge of North America and significantly boosted its marketing budget in preparation for an upcoming blitz of new vehicles. Lex Kerssemakers, a 55-year-old native of the Netherlands, replaces Tony Nicolosi as CEO of Volvo Cars of North America after a 15-month period in which sales continued to fall....Read More »
RICHARD JOHNSON
A new Gold Rush sweeps over California 12:45 pm U.S. ET | Jan. 25, 2015
Like Warren Buffett and George Soros, so-called hybrid buyers -- private equity funds and super-wealthy families and combinations of the two -- are on the hunt for dealership deals. This new category of dealership buyer could turn out to be as transformational as the six public groups that rolled up a significant part of the industry almost 20 years ago....Read More »
AMY WILSON
How to get a deal done 2:00 pm U.S. ET | Jan. 25, 2015
One of the reasons it might be a great time to sell your dealership? Some of the private equity groups scouting auto retail are so eager to put their investors' money to work, they'll overpay, says Tim York, managing partner of accounting firm Dixon Hughes Goodman....Read More »
George Soros' Wall Street fund shops for dealership groups 10:30 pm U.S. ET | Jan. 24, 2015
Wall Street fund Soros Fund Management wants to partner in, invest in or outright buy a large auto dealership group, according to four sources familiar with the situation. Two representatives of Soros Fund Management are at the NADA convention in San Francisco this weekend to research the industry and explore opportunities, sources say....Read More »
Kia recalls nearly 87,000 Forte sedans in U.S. due to fire risk 3:15 pm U.S. ET | Jan. 24, 2015
Kia is recalling 86,880 Forte sedans in the US because a cooling fan resistor may overheat and melt, increasing the risk of a fire, according to documents filed by federal auto safety regulators....Read More »
Porsche recalls 13,500 Cayennes, Panameras to fix fuel-seal flaw 7:46 am U.S. ET | Jan. 24, 2015
Porsche is recalling about 13,500 vehicles worldwide to fix a seal that may allow fuel to evaporate....Read More »
Entry-level Jeep Renegade should boost brand in subcompact market 12:01 am U.S. ET | Jan. 23, 2015
The Renegade subcompact SUV is Jeep's latest attempt at an entry-level vehicle. With prices starting at $18,990, including shipping, the first Italian-made Jeep should help the brand thrive in the competitive subcompact market....Read More »
EU regulators to rule on ZF's bid for TRW by Feb. 26Jan. 23, 2015 15:09 CET
EU antitrust authorities will decide by Feb. 26 whether to approve German supplier ZF Friedrichshafen's $13.5 billion bid for U.S. rival TRW Automotive....Read More »
Kia's fourth-quarter profit drops 54% on ruble plungeJan. 23, 2015 11:31 CET
Kia posted a 54 percent fall in quarterly profit as a weakening ruble reduced income earned in Russia where Kia ranks No. 2 after Lada. Kia expects sales in the market to fall 12 percent this year, because the ruble's decline could force further price rises, denting demand....Read More »
JAMES B. TREECE
Building a new fortress to protect data 2:00 pm U.S. ET | Jan. 23, 2015
When it comes to protecting sensitive data against hackers, the days of building thick digital walls and moat are over....Read More »
Missouri dealers file suit to block Tesla sales 1:20 pm U.S. ET | Jan. 23, 2015
Missouri auto dealers filed suit to block Tesla Motors' direct manufacturer-to-consumer sales in the state. The Missouri Automobile Dealers Association on Thursday filed a lawsuit in a state court, accusing the Department of Revenue and its director, Nia Ray, of violating Missouri law by allowing Tesla to sell its vehicles without a franchise dealer....Read More »
Q&A
How some customers cheat themselves 2:00 pm U.S. ET | Jan. 23, 2015
When Hennessy Buick-GMC in Georgia signed up this year for an Equifax system that automatically verifies employment and income, Finance Director Blake Bailey thought the system would mostly identify people who had overstated their income....Read More »
Ford takes charge of $800 million on Venezuelan currency 9:06 am U.S. ET | Jan. 23, 2015
Ford said it will take a one-time pretax charge of $800 million in its fourth quarter results because the inability to exchange US dollars for Venezuelan bolivars has restricted operations in the South American country....Read More »
GM sees Europe turnaround on track even if local economy isn'tJan. 23, 2015 10:34 CET
General Motors' efforts to restore European operations to profitability are on track even as the region's economy fails to revive, GM President Dan Ammann said. However, Russia is big "wild card," he said....Read More »
Ford names new lobbyist in Europe as free trade, CO2 pressure intensifiesJan. 23, 2015 06:01 CET
Ford of Europe has promoted veteran lobbyist Andrew McCall as its new vice president for government and community relations. McCall will have much to do as automakers lobby the EU to ease CO2 emissions targets and accelerate free-trade talks between Europe and the U.S....Read More »
New Mini boss is former Audi executiveJan. 22, 2015 09:32 CET
BMW named former Audi executive Sebastian Mackensen as head of its Mini brand. BMW is seeking ways to boost Mini's long-term profitability and is expected to discontinue three slow-selling Minis -- the Coupe, Roadster and Paceman....Read More »
Ghosn lifts European car market forecast on eurozone stimulus planJan. 22, 2015 22:41 CET
Renault CEO Carlos Ghosn upgraded his European car market growth forecast after the European Central Bank unveiled a bond purchase program to boost the continent's flagging economy. Ghosn now expects Europe's auto market to grow by at least 2 percent in 2015....Read More »
NHTSA to add automatic braking to star ratings 1:23 pm U.S. ET | Jan. 22, 2015
Federal regulators will add automatic braking to a list of technologies considered in its influential star-rating advisory system for consumers. Transportation Secretary Anthony Foxx announced the change today during a meeting in Washington with automotive engineers....Read More »
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