Automakers

VW halts production for three weeks at Brazil plant, union says

March 30, 2015 19:14 CET

Volkswagen has halted production at its second-largest factory in Brazil for three weeks, a local union said, as a steep decline in demand forces carmakers to manage excess capacity. VW is one of many automakers working to cut costs in the country, where sales and output are down over 20 percent in the first two months....
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NHTSA would get stop-sale power under U.S. bill

2:59 pm U.S. ET | March 30, 2015

The National Highway Traffic Safety Administration would be able to order automakers to cease the sale of vehicles with dangerous safety defects under the Obama administration's multiyear surface transportation funding bill sent to congress today....
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Key Safety to use Mobileye vision tech to aid drivers

4:08 pm U.S. ET | March 30, 2015

Supplier Key Safety Systems said it has signed an agreement with Mobileye NV to use the software developer's vision processing chip for new types of driver assist technologies....
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Magna negotiating to sell interiors business to Grupo Antolin, report says

12:25 pm U.S. ET | March 30, 2015

Canada's Magna International is in talks to sell its car-interior business to Spain's Grupo Antolin, people familiar with the matter told Bloomberg....
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JAMES B. TREECE

BLOG: Care about new-car sales? Keep an eye on CPO sales

12:53 pm U.S. ET | March 30, 2015

Can the robust CPO market handle the rising tide of used-vehicle supply? That's one of the critical questions facing everyone in the used-car market -- and the new-car market, too....
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Base 2016 Mazda MX-5 Miata to start at $25,735

11:07 am U.S. ET | March 30, 2015

The new Mazda MX-5 Miata will start at $25,735. That's a price bump of $1,125 over the outgoing 2014 model. Prices include $820 shipping....
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Toyota CEO feared losing job over recalls; instead gained sense of purpose

8:21 am U.S. ET | March 30, 2015

In a rare moment of public reflection, Toyota CEO Akio Toyoda marked the company’s unintended-acceleration crisis as the turning point in his career, even as he fretted about being fired....
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Toyota's low-price safety tech coming to U.S. this year

7:09 am U.S. ET | March 30, 2015

Toyota said today it will begin offering automatic braking, lane departure alert technology and other safety electronics later this year in a package priced at about $300 in its compact cars. A slightly more advanced version will be priced at about $500 for midsize and larger models....
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Automotive News wins Grand Neal Award for GM recall reports

12:01 am U.S. ET | March 30, 2015

Automotive News has won the Grand Neal Award for its coverage of the General Motors ignition-switch recall crisis. The Grand Neal, given by the Association of Business Information and Media Companies, marks the pinnacle of achievement in business-to-business media....
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Volvo plans $500 million U.S. assembly plant

12:30 am U.S. ET | March 30, 2015

Volvo will spend about $500 million to build its first assembly plant in the United States as part of an ambitious effort to jump-start lagging sales. The automaker is talking to three states on a possible location and plans to start production in 2018....
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New Chevy ads elevate 'focus groups'

12:01 am U.S. ET | March 30, 2015

Chevrolet this week will roll out a major advertising campaign, doubling down on the spoofy "focus group" imagery it has used in its rollout of the Colorado pickup. Chevy will launch the "Real People, Not Actors" campaign in a series of media buys and dealer briefings planned across the country....
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Lincoln to bring back Continental name

12:01 am U.S. ET | March 30, 2015

Lincoln is resurrecting the Continental name and phasing out the brand's signature split-wing grille. A full-size sedan named the Continental will go on sale in North America and China in 2016. Lincoln will then discontinue the MKS, which perennially has been one of the slowest-selling cars in its segment....
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ChemChina hopes to re-list Pirelli in Italy; says counterbid will hurt investors

March 30, 2015 09:14 CET

The chairman of China National Chemical Corp. (ChemChina), Ren Jianxin, said he hopes to re-list Italy's Pirelli on the Italian stock exchange. A counterbid for Pirelli would hurt the Italian firm's investors and long-term strategy, he warned....
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LUCA CIFERRI

BLOG: While others stand up, Italy stands aside

12:01 am U.S. ET | March 30, 2015

Formula One tire supplier Pirelli will have a Chinese owner, while Ferrari styling house Pininfarina could be acquired by an Indian company. Ducati, Lamborghini and Italdesign Giugiaro are already in German hands. So why isn't Italy doing what other countries are doing to protect its domestic auto sector?...
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Hunt for Easter Jeep parts leads to a surprise spot

12:01 am U.S. ET | March 30, 2015

Jeep designers and engineers spend countless hours every year developing a series of one-off working concepts for the annual Easter Jeep Safari in Moab, Utah....
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The buzz about the Benz pickup

12:01 am U.S. ET | March 30, 2015

Daimler's surprise announcement that it will launch a Mercedes-Benz pickup by 2020 contained no technical details, but offered one major clue: The midsize truck will be built by the company's commercial vans division....
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How the SUV drove luxury kings to power

12:01 am U.S. ET | March 30, 2015

BMW, Lexus and Mercedes climbed to unimagined heights in the United States after agreeing to go where luxury makers once feared to go: the grubby world of mud-spattered trucks....
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FCA dealers strain to deliver 5-year winning streak

12:01 am U.S. ET | March 30, 2015

Fiat Chrysler will achieve five full years of U.S. monthly sales gains — if it can post an increase for March. The streak has been propelled by daunting sales goals set for each dealership. For a typical mid-sized store, about $100,000 of net profit is in play each month....
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Back to 2007 market share, but with one big difference

12:01 am U.S. ET | March 30, 2015

When its string of consecutive monthly year-over-year sales gains began in April 2010, what is now Fiat Chrysler was, literally, a different company....
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Big year shapes up for Jeep's global expansion

12:01 am U.S. ET | March 30, 2015

With the first Italian-made Jeep, the Renegade subcompact SUV, rolling into U.S. dealerships this month, brand head Mike Manley says global expansion will continue this year, with new plants in Brazil and China....
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Caddy previews top-down strategy

12:01 am U.S. ET | March 30, 2015

Here's a question that will hang over Cadillac's unveiling of the CT6 sedan in New York this week: Why is a brand so badly in need of a sales boost fixated on all that low-volume sheet metal?...
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Toyota's better cars get better plants

12:01 am U.S. ET | March 30, 2015

Toyota Motor Corp., which made "lean manufacturing" a global buzzword, is about to unleash a new wave of ultraefficient assembly plants. The streamlining -- which will slash capital investment costs, lead times and even the overall size of future factories -- will underpin a new generation of modularized product platforms....
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UAW delegates demand higher pay

12:01 am U.S. ET | March 30, 2015

To say the UAW rank and file's expectations for more pay are high would be an understatement. Delegates at last week's UAW bargaining convention, the unofficial opening of negotiations with the Detroit 3, demanded that the car companies return to workers what they sacrificed before and during the recession....
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Aston Martin tells Porsche: Fine, we will lose GT3 name

12:01 am U.S. ET | March 30, 2015

Porsche has wiped some of the shine off Aston Martin's Geneva auto show unveil of the track-focused, limited-edition Vantage GT3 by claiming trademark ownership of the GT3 name, which it uses for hard-core versions of its 911 sports car....
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Porsche’s Mueller: ‘Not too old’ for CEO job

12:01 am U.S. ET | March 30, 2015

Open campaigning for CEO jobs at automakers rarely occurs, but Porsche CEO Matthias Mueller says he’s young and fit enough to be a candidate to succeed Martin Winterkorn as head of Volkswagen Group....
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