The Week on the Web

Stories highlighted in the "Week on the Web" feature in our print edition

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GM operating profits fall 14% in Q3 on flat revenue

North America, China gains don't offset weakness elsewhere
7:45 am U.S. ET | Oct. 23 | UPDATED: 10/23/14 4:20 pm ET - adds closing share price

GM's record transaction prices in North America and booming sales in China weren't enough to offset weakness in just about every other region, as the company's third-quarter operating profit fell 14 percent.
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Group 1 slows acquisition pace
1:03 pm U.S. ET | Oct. 23

Put off by high prices for dealerships and unacceptable returns, Group 1 Automotive will slow its acquisition pace in the near term, CEO Earl Hesterberg said today. ...
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Hyundai's Q3 profit falls 29% on firmer currency, sluggish sales
5:15 am U.S. ET | Oct. 23

Hyundai posted a 29 percent fall in third-quarter net profit, the steepest decline in at least six quarters, hit by slowing sales growth and a stronger local currency, bu ...
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Daimler profit rises in Q3 as Mercedes sales expand
2:45 am U.S. ET | Oct. 23

Daimler reported a 21 percent increase in third-quarter profit as deliveries of the top-of-the line Mercedes-Benz S class more than doubled. ...
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Federal-Mogul posts Q3 loss on restructuring costs; revenue up 11%
8:38 am U.S. ET | Oct. 22 | UPDATED: 10/22/14 12:25 pm ET - adds details

Federal-Mogul reported a third-quarter net loss Wednesday because of restructuring and relocation costs. ...
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UAW eyes bargaining rights at VW's Tenn. plant within a year
8:05 pm U.S. ET | Oct. 22

The UAW hopes to be recognized as the exclusive bargaining agent for workers at Volkswagen's assembly plant in Chattanooga within a year, union President Dennis Williams ...
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BMW to lower mpg ratings on 4 Mini Cooper models
11:57 am U.S. ET | Oct. 22 | UPDATED: 10/22/14 2:04 pm ET -- adds details, link

BMW is lowering the estimated fuel economy labels on four 2014 Mini Cooper models after tests by the EPA, the agency said today. The EPA completed a fuel economy audit on ...
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Delphi explores sale of thermal unit for as much as $1 billion, report says
1:25 pm U.S. ET | Oct. 22

Delphi Automotive, the former parts unit of General Motors, is exploring a sale of a business that makes heating and cooling systems for cars, and will seek as much as $1 ...
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Asbury raises its acquisition target
7:27 am U.S. ET | Oct. 21 | UPDATED: 10/21/14 4:20 pm ET -- new story

Asbury Automotive Group Inc.'s acquisition ambitions keep getting bigger. Asbury, the nation's seventh-largest dealership group, said today that it now aims to buy stores ...
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Sonic pushes back rollout of customer-experience program
3:40 pm U.S. ET | Oct. 21

Sonic Automotive will take at least six months longer than originally planned to roll its new customer experience program out to all of its dealerships. ...
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Jaguar Land Rover is in talks for U.S. plant, report says
7:13 am U.S. ET | Oct. 20

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. J ...
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Jeep first U.S. brand to crack Top 10 in Japan's Car of Year Award
9:51 am U.S. ET | Oct. 16

Jeep has made history by becoming the first brand from the United States to crack the top 10 in this country's Car of the Year Award. The honor came down this week for th ...
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Audi tests driverless car technology at 190 mph
11:44 am U.S. ET | Oct. 15

In its effort to bring autonomous-driving technology to the streets, Audi is testing unmanned vehicles at speeds as fast as 305 kilometers (190 miles) per hour. In these ...
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Honda starts audit of injury, death reports to U.S. regulator
4:15 pm U.S. ET | Oct. 15 | UPDATED: 10/16/14 6:47 am ET - adds Honda reaction

Honda asked a third party to determine whether the automaker underreported fatality and injury claims to federal regulators in the United States who are investigating air ...
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THE GM RECALL
GM sued for $10 billion over losses on 27 million recalled cars
1:43 pm U.S. ET | Oct. 15

General Motors was hit with its biggest lawsuit so far over serial recalls, brought on behalf of drivers of 27 million vehicles seeking more than $10 billion in compensat ...
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Toyota recalls mount as automaker faces increasing scrutiny
3:07 am U.S. ET | Oct. 15 | UPDATED: 10/15/14 2:19 pm ET - new story

Toyota made its fourth global recall involving more than a million vehicles this year, as the world's largest automaker begins operating with stricter supervision over sa ...
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Colorado Ford, Subaru dealer Carlson in line to become '16 NADA chairman
4:03 pm U.S. ET | Oct. 14 | UPDATED: 10/14/14 5:33 pm ET

The National Automobile Dealers Association chose Colorado dealer Jeff Carlson as its next vice chairman, putting him in line to become chairman after Bill Fox of New Yor ...
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Audi wants $2.5 billion in annual cost cuts to offset tech spending, reports say
9:01 am U.S. ET | Oct. 8

Audi wants to rein in costs by about $2.5 billion a year to offset surging spending on new technology, according to people familiar with the matter. ...
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Marchionne foresees merger creating a new No. 1 automaker
7:07 am U.S. ET | Oct. 8 | UPDATED: 10/8/14 4:02 pm ET - adds analyst comment

Fiat Chrysler Automobiles CEO Sergio Marchionne sees potential to form a new No. 1 automaker as companies grapple with low returns on the growing amount of money needed t ...
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Chrysler names Harlow to replace Pino atop NAFTA manufacturing
11:42 am U.S. ET | Oct. 7

Chrysler Group has dispatched its Italian-born head of North American manufacturing, Mauro Pino, to Latin America and replaced him with its head of powertrain manufacturi ...
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2014 L.A. AUTO SHOW
Porsche adds 4 GTS variants to 911 lineup for 2015
6:00 pm U.S. ET | Oct. 7

Porsche, feeling the heat from such cars as the redesigned Chevrolet Corvette, is giving the venerable 911 a tune-up for 2015. ...
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Voice controls, electronic assistants can overwhelm drivers, AAA research finds
12:01 am U.S. ET | Oct. 7 | UPDATED: 10/7/14 6:29 am ET - corrected

Systems such as Apple's Siri electronic assistant, which automakers started installing in vehicles in 2013, may be as mentally taxing as the buttons and knobs they replac ...
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Special Report
How #1 store scores with employees

How #1 store scores with employees

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