United States

Germany's ZF in advanced talks to buy TRW for near $12 billion, report says

1:22 pm U.S. ET | July 30, 2014
Germany's ZF Friedrichshafen AG is in advanced talks to acquire TRW Automotive for nearly $12 billion, in a deal that would create an automotive supply powerhouse, people familiar with the matter told Reuters today....
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GM resumes pickup output at Indiana plant

12:53 pm U.S. ET | July 30, 2014
Production resumed today at one of GM's three pickup plants after being idled because of an interruption in sheetmetal supplies, the company said....
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JIM HENRY

Calif. ballot proposal misses cut for November vote

12:01 am U.S. ET | July 30, 2014
A California consumer advocacy group’s ballot initiative that would have outlawed dealer reserve in the state won’t make it on the November ballot this year....
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JAMIE LaREAU

Another hole-in-one gives California dealer a second chance

2:41 pm U.S. ET | July 29, 2014
For eight years, Folsom Lake Kia and Folsom Lake Ford near Sacramento have sponsored charity golf tournaments without anyone ever hitting a hole-in-one. Yet for the second time this year, a golfer has put it in the cup, winning a new car....
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Toyota plans to name $69,000 fuel-cell vehicle Mirai, report says

9:59 am U.S. ET | July 29, 2014
Toyota is planning to name its $69,000 fuel-cell car Mirai, the Japanese word for future, a person familiar with the decision told Bloomberg....
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Certified-used sales fall in June, expected to rise for year

12:01 am U.S. ET | July 28, 2014
Sales of certified used vehicles slipped in June for the first time in a year and a half. But analysts still predict certified sales will rise overall this year. Sales dipped 2 percent in June from a year earlier to 181,112, but still posted an 8 percent gain for the first half, to 1,133,588....
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BEST PRACTICES

'Middle of nowhere' site limits store's costs

12:01 am U.S. ET | July 28, 2014
the rural location of Volkswagen of Salem County in Monroeville, N.J., helps the family contain its real estate costs. That freed time and money to focus on building the store's sales to roughly 28 new and 43 used vehicles per month from the 8 to 15 mostly new vehicles per month that the previous owners sold....
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Suburban Collection buys BMW, Mercedes dealerships in Ann Arbor

4:08 pm U.S. ET | July 23, 2014
The Suburban Collection has acquired two more Michigan dealerships: BMW of Ann Arbor and Mercedes-Benz of Ann Arbor. The two dealerships were acquired from Sonic Automotive for an undisclosed amount....
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Brakes supplier Brembo to build new U.S. plant

July 23, 2014 12:05 CET
Italian brakes manufacturer Brembo will build a new foundry in Michigan to expand its manufacturing capability in the United States, betting on the continued strength of the country's automotive sector....
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Brembo to invest nearly $100M in new Michigan foundry, expand capacity

6:54 am U.S. ET | July 23, 2014
Italian brakes maker Brembo will build a new foundry in Michigan to expand its manufacturing capability in the United States, betting on continued strength of the country's automotive sector....
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GM to invest $800 million to renovate operations, add 1,750 jobs in Michigan

6:07 pm U.S. ET | July 22, 2014
GM plans to invest $800 million in Michigan as part of plans to renovate facilities throughout the state to support future vehicle platforms and programs. The company will also add 1,750 jobs in the state after consolidating various engineering functions outside Michigan to a site in Michigan, the state said Tuesday in enhancing economic development incentives for the automaker....
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Group 1 acquires Munday dealerships in Houston

3:59 pm U.S. ET | July 21, 2014
Group 1 Automotive, the third-largest auto dealer group based in the United States, has acquired Houston dealerships Munday Chevrolet and Munday Mazda, the company said today....
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Volkswagen puts its faith in Tennessee

12:01 am U.S. ET | July 21, 2014
In conjunction with its announcement last week that it would invest $900 million to expand its Tennessee factory to accommodate a mid-sized cross-over tailored to the U.S. market, VW also mapped out plans for a new vehicle r&d center at its Chattanooga site, deviating from a tradition of central planning from Wolfsburg....
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Subaru ad blitz aims to boost Legacy sales 40%

12:01 am U.S. ET | July 21, 2014
Subaru is spending big with hopes of improving Legacy sales more than 40 percent in the next 12 months, as executives are confident the sixth-generation mid-sized sedan is finally the right size with features U.S. consumers want....
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Tire makers roll into South Carolina

12:01 am U.S. ET | July 19, 2014
South Carolina became the nation's leading tire producer in the fourth quarter last year with estimated daily output of 89,000 tires, edging Oklahoma's 88,000 units....
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AutoNation's Q2 net rises 12% on 8% revenue gain

7:30 am U.S. ET | July 17, 2014
AutoNation posted a double-digit gain in second-quarter net income but fell shy of analysts’ profit expectations as digital investment drove expenses higher. The nation’s largest dealership group said its net profit rose 12 percent, helped by gains in all of its business units....
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Tesla settles lemon law case with Wisconsin man for $126,836

2:57 pm U.S. ET | July 16, 2014
Tesla agreed to settle the first lemon law suit filed against the company, Wisconsin lawyer Vince Megna said....
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Owners of 8 N.J. dealerships settle claims of deceptive practices for $1.8 million

3:14 pm U.S. ET | July 15, 2014
Eight dealerships in New Jersey owned by Carmelo and Ignazio Giuffre have reached a $1.8 million settlement with the state's Division of Consumer Affairs....
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Fleet outpaces retail in June

12:01 am U.S. ET | July 14, 2014
Fleet sales outpaced retail in June, countering a three-year trend toward greater retail volume. Among major automakers, fleet sales in June rose 6 percent while retail slid 1 percent....
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BMW's gamble on U.S. factory provides export windfall

July 13, 2014 06:01 CET
BMW's U.S. factory in South Carolina -- its first test of full-scale auto production outside of Germany -- has become a bona fide success. The plant is integral to the luxury brand's efforts to protect profit margins and remain ahead of rivals....
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SPLIT PERSONALITY

Core buyers are aging, so Lexus courts youth with new, bolder products

12:01 am U.S. ET | July 12, 2014
Despite handicaps and setbacks, Lexus appears to be swinging into recovery mode with growing sales and younger buyers, thanks to a slew of new, bolder products....
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BMW bet on S.C. plant pays off with export windfall

12:01 am U.S. ET | July 12, 2014
BMW's first test of full-scale auto production outside of Germany has become a bona fide success after initial hiccups. The factory in Spartanburg, S.C., -- already the nation's biggest light-vehicle exporter -- is integral to the luxury brand's efforts to protect profit margins and keep ahead of rivals Audi and Mercedes....
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Tesla cleared to open up to 5 stores in Pa. under new law

3:15 pm U.S. ET | July 11, 2014
Pennsylvania governor Tom Corbett signed a bill that will allow Tesla to operate up to five stores in the state....
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UAW creates union local for VW workers in Tennessee

8:32 am U.S. ET | July 10, 2014
The UAW formed a union local to represent workers at VW's assembly plant in Chattanooga, where it lost a bitter organizing vote earlier this year. Membership in Local 42 will be voluntary and the unit will not have power to bargain on behalf of all employees at the plant, UAW officials said today....
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Mexico projected to surpass Brazil as top Latin American vehicle producer

12:01 am U.S. ET | July 8, 2014
Mexico is poised to overtake Brazil as the top Latin American automobile producer for the first time in more than a decade as surging exports to the U.S. spur factory openings and record output....
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