United States

AUGUST U.S. AUTO SALES

Sales rate to top 16 million for 6th month in a row, analysts predict

12:46 pm U.S. ET | Aug. 27, 2014
Auto sales volume in the United States is expected to keep rolling along in August, with two independent forecasters predicting a sixth straight month of 16 million-plus selling rates. TrueCar predicts a seasonally adjusted annual selling rate of 16.6 million for August and LMC Automotive/J.D. Power is just behind at 16.5 million....
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GM details plans for SRX, engine production in Tenn.

11:45 am U.S. ET | Aug. 27, 2014
General Motors said today it will invest $185 million to make small engines at its Tennessee assembly plant, while relocating production of the next-generation Cadillac SRX to that factory from a facility in Mexico....
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Anti-UAW workers begin effort to create union at VW Tenn. plant

12:41 pm U.S. ET | Aug. 26, 2014
Employees at the Volkswagen AG auto plant in Tennessee are forming a union that is to include hourly and salaried workers, as a counter to the UAW Local 42 that was established last month, a leading anti-UAW worker said today....
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Severe weather spurs auction expansion

12:01 am U.S. ET | Aug. 25, 2014
Insurance Auto Auctions Inc., which specializes in salvage vehicles and those donated to charity, has expanded its auction site outside Omaha, Neb., in response to growing volume....
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LINDSAY CHAPPELL

Settlement allows Mercedes to award dealership to Alabama's Saban

12:01 am U.S. ET | Aug. 23, 2014
Mercedes' plan to award a dealer franchise in Alabama to Crimson Tide football coach Nick Saban and a business partner can move forward now that litigation with a longtime Mercedes dealer there has been settled. Terms of the settlement were not disclosed on Friday....
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GM opens IT center in Phoenix, plans to hire 1,000 workers

12:25 pm U.S. ET | Aug. 22, 2014
General Motors said it opened its fourth information technology center today -- this one in Chandler, Ariz., near Phoenix....
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Toyota to expand Highlander production in Indiana, invest $100 million

11:36 am U.S. ET | Aug. 22, 2014
Toyota said today it will spend $100 million to increase production of the Highlander crossover in Princeton, Ind. The Highlander has been bumping against its production ceiling at the Indiana assembly plant....
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Supplier Dayco names John Bohenick CEO

11:23 am U.S. ET | Aug. 20, 2014
Automotive belt and pulley supplier Dayco Products today named John Bohenick as its new CEO. Bohenick will replace James Orchard in the position....
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Aisin's North American growth drives more investment, new HQ

10:51 am U.S. ET | Aug. 19, 2014
Aisin opened a new North American headquarters in suburban Detroit in July as part of the foreign subsidiary's ongoing growth stateside....
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Continental lures Google self-driving exec in Silicon Valley push

1:22 pm U.S. ET | Aug. 18, 2014
German supplier Continental AG is growing its Silicon Valley presence to help car companies roll out autonomous driving and other “intelligent” features over the coming years -- and it has hired one of Google's self-driving car executives to lead the effort....
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Russia may ban car imports if West applies new sanctions, report says

Aug. 18, 2014 11:54 CET
Russia may ban car imports if the West applies additional sanctions on Moscow over its involvement in Ukraine, a daily newspaper reported....
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Saleen, bullish on EVs, reinvents Tesla Model S

4:19 pm U.S. ET | Aug. 17, 2014
Saleen Automotive pushed in a new direction with the unveiling of its first electric car, the 4Sixteen, based on the Tesla Model S. And the company's founder and CEO, Steve Saleen, says it has him sold on electric cars....
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Detroit-area dealers struggle with submerged autos, trapped customers

10:00 am U.S. ET | Aug. 16, 2014
As the rain fell last Monday afternoon, Pat Presutti, new-car sales manager at Jim Riehl's Friendly Chrysler Jeep in suburban Detroit sent a porter out to check the water level in the back lot where nearly 100 cars were parked. It was only about a half inch deep, but by early evening, dumpsters were floating around in the car lot....
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LINDSAY CHAPPELL

Why Americans are rediscovering Italian cars

8:52 am U.S. ET | Aug. 16, 2014
Ferrari, Lamborghini, Maserati, Alfa Romeo, Pagani, Zagato -- those luminary Italian brands barely add up to a percent of a percentage point worth of sales in America. But oh, the mystique....
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Aston Martin's U.S. stores at risk due to new crash rule, dealer says

Aug. 15, 2014 10:45 CET
Aston Martin stores in the United States will become unprofitable and could be forced to close if the sports-car maker cannot get an exemption for two of its models from tougher new crash standards, a top dealer said....
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BMW hanging on to 30th anniversary M5

11:21 am U.S. ET | Aug. 15, 2014
For all the BMW collectors who might want to add a limited-edition 30th Anniversary M5 to the portfolio, good luck. Just one model remains unsold in the United States as of today, and BMW of North America CEO Ludwig Willisch says the automaker is in no hurry to let go of it....
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Startup Renovo unveils $529,000 EV supercar after years of secrecy

11:00 am U.S. ET | Aug. 15, 2014
When they started their company four years ago, the founders of the Silicon Valley startup Renovo Motors saw a hole in the market for a pure electric supercar. Today they revealed their first product: the $529,000 Renovo Coupe, scheduled to launch in the United States next year....
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Ford to install major solar array, EV chargers at headquarters

10:01 am U.S. ET | Aug. 14, 2014
Ford is tapping DTE Energy to build a solar array at the automaker's world headquarters near Detroit. The solar array will also serve as a parking cover to 360 spaces, equipped with 30 charging stations for plug-in electric vehicles....
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GM Tech Center nears full operation while pumps run

11:40 am U.S. ET | Aug. 14, 2014
General Motors' Technical Center is nearly back to full operations after Monday's record rainfall in Detroit caused flooding and power issues....
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GM will invest $174 million in Lansing stamping operation

1:23 pm U.S. ET | Aug. 13, 2014
General Motors is investing $174 million in a new stamping line at its Grand River assembly plant in Lansing, Mich....
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Ferrari coupe may race to record $75 million at auction

8:49 am U.S. ET | Aug. 13, 2014
A Ferrari 250 GTO Berlinetta owned by the scion of a wealthy Italian family for 49 years may race off as the world's most expensive car when it's auctioned for as much as $75 million....
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VW brand sales rise on Europe, China gains

Aug. 12, 2014 11:48 CET
VW increased sales at its core passenger-car brand by 4 percent in July as higher deliveries in western Europe and China offset declines in the United States and Brazil. Global sales of VW brand cars and SUVs rose to 491,600 last month....
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BREAK-IN POINT

In era of giant suppliers, startups are winning auto business

12:01 am U.S. ET | Aug. 11, 2014
It can be a struggle for newcomers and unknowns to win business in an industry where suppliers are consolidating into a few, ever-larger corporations with global factory footprints. But one expert says the window of opportunity is now open a bit wider than before....
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Trouble looms as industry zooms

12:01 am U.S. ET | Aug. 11, 2014
As U.S. auto sales and output roar back to levels many in the industry feared they would never see again, leading industry economists and forecasters have a warning: Dark clouds are on the horizon....
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GM loses bid to dismiss revived ignition-switch lawsuit

12:52 pm U.S. ET | Aug. 9, 2014
General Motors failed to convince a Georgia judge to dismiss a revived lawsuit over the death of a 29-year-old woman that helped trigger the automaker's ignition-switch recall crisis. Cobb County State Court Judge Kathryn Tanksley today set a trial date for April 2016....
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