Business and Finance

DAVID BARKHOLZ

BLOG: Why this Tampa dealer reset Latino marketing efforts

9:53 pm U.S. ET | April 20, 2015

Tampa's Kuhn Honda has hit the reset button on its marketing to Latinos as it seeks to increase its already outsized sales numbers with the group....
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Chevrolet explores autonomous driving with FNR concept

8:56 pm U.S. ET | April 20, 2015

Having just declared its goal of hitting 1 million vehicle sales in China by 2020, Chevrolet revealed a futuristic concept car at the Shanghai auto show meant to showcase its technical prowess to young Chinese buyers. The FNR concept, an acronym for the brand's “Find New Roads” theme, is a pod-like, science-fiction inspired autonomous electric vehicle....
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PACE Award winners take on the fuel economy challenge

9:15 pm U.S. ET | April 20, 2015

Auto suppliers are responding to automakers' needs for better fuel economy, claiming half of this year's Automotive News PACE Awards with innovations that cut weight or make powertrains more efficient. Fourteen game-changing products and processes from 12 suppliers were honored at a ceremony in Detroit tonight....
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PACE Award winners to be announced tonight

11:19 am U.S. ET | April 20, 2015

It's showtime for the 2015 PACE Awards. The winners will be announced tonight at a black-tie event at the Max M. Fisher Music Center in Detroit. The 21st annual awards honor innovation in the supplier community....
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N.A. output up 4.2% in March

12:01 am U.S. ET | April 20, 2015

North America car and truck production in March rose 5.4 percent from March 2014 volumes, to an estimated 1,628,340 vehicles....
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VIDEO: AutoNews Now: Big on luxury in Shanghai

12:01 am U.S. ET | April 20, 2015

Spacious rides from VW, Volvo, debuts from GM, Ford, Lexus; win for Mitsu; dealer payrolls rising; model makeovers....
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Lexus revamps ES with bolder looks for U.S., China

12:57 pm U.S. ET | April 20, 2015

Lexus surveyed customers in China and the U.S. to come up with the more aggressive looks of the refreshed ES sedan that goes into production in the United States later this year....
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ZF sells bonds to help finance TRW acquisition

2:37 pm U.S. ET | April 20, 2015

ZF raised $2.4 billion with the company's first bond sale in its 100-year history to help pay for its acquisition of automotive safety components supplier TRW Automotive Holdings Corp....
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Test Drive TV mobile app delivers official car videos to enthusiasts

2:32 pm U.S. ET | April 20, 2015

A new mobile video app that curates official Web videos posted by automakers on sites such as YouTube and organizes them into individual channels on the app is now live....
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Phil Martens ousted as CEO of aluminum supplier Novelis

1:56 pm U.S. ET | April 20, 2015

Top aluminum rolled products maker Novelis announced today the surprise ouster of CEO Philip Martens -- a former rising star executive at Ford -- who helped the India-owned supplier shift toward the automotive sector....
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Alfa's pitch will be luxury, Italian style

12:01 am U.S. ET | April 20, 2015

As he prepares the campaign to reintroduce Alfa Romeo to the United States, Fiat Chrysler marketing chief Olivier Francois says he may exploit the notion that shoppers have become tired of lookalike German luxury cars....
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GM ignition-switch death claims rise by 3 to 87

11:47 am U.S. ET | April 20, 2015

The death count from General Motors' faulty ignition switches has reached 87, up three from a week earlier....
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Musk nearly sold Tesla to Google in 2013, new book says

11:33 am U.S. ET | April 20, 2015

A book titled Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future says Musk had a deal with Google's Larry Page to sell Tesla to the technology giant before the electric-car maker saw a turnaround in its fortunes....
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Small-car production migrates to Mexico

12:01 am U.S. ET | April 20, 2015

Toyota's plan to build the Corolla at a new plant in Guanajuato is the latest sign that Mexico is becoming a giant in small cars. Amid a surge of automaking capacity, the nation is making its biggest impact on the production of compacts and subcompacts -- cars with narrow profit margins and wide appeal outside North America....
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VW says it could cut battery costs with single design

12:01 am U.S. ET | April 20, 2015

Volkswagen's r&d boss says using a single type of lithium ion battery cell for all VW, Porsche, Audi and other group electrified vehicles could lead to a two-third reduction in what the automaker currently spends on the technology....
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GM'S WHIZ KID

In short order, Dan Ammann has soared to GM's top operations jobs

12:01 am U.S. ET | April 20, 2015

After a surprise career change and startling ascension, Dan Ammann now oversees General Motors' operations around the world. The 43-year-old president is responsible for two tasks seen as key to the company's success: revitalizing Chevrolet and Cadillac, while unifying how the company's historically fractured regional businesses make and sell vehicles....
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HANS GREIMEL

BLOG: Shanghai show cleans up its act

6:36 am U.S. ET | April 20, 2015

Automakers in China found a way around a much-ballyhooed ban of floor models at this year's Shanghai auto show. When doors opened to the press today, there were plenty of models striking a pose. But the tacky sleaze from past shows was way toned down....
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MIKE COLIAS

BLOG: Why it could be the Volt's time to shine in China

7:17 am U.S. ET | April 20, 2015

How can GM drive down the Chevy Volt's cost enough to make it affordable to more people, and eventually turn a profit? Sell a boatload of them in a Chinese market that's fast warming to EVs....
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Jaguar Land Rover forced to accept Range Rover Evoque lookalike from China's Jiangling

April 20, 2015 13:31 CET

Jaguar Land Rover will not take action against Jiangling Motors over the Chinese automaker's Landwind X7, which the UK automaker says closely resembles the Range Rover Evoque SUV....
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Mahindra will present bid for Pininfarina by April 29, report says

April 20, 2015 14:48 CET

India's Mahindra & Mahindra aims to present a formal offer for the car designer Pininfarina in time for the Italian company's shareholder meeting on April 29, a report said....
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BMW cutting production, prices in China as market slows

April 20, 2015 14:28 CET

BMW has reduced the prices of some of its vehicles in China and will cut local production in the country to ensure that dealers are not overstocked as luxury demand in the world's largest auto market slows....
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RICHARD JOHNSON

Piech's career battles will be his legacy

12:01 am U.S. ET | April 20, 2015

Ferdinand Piech started out his career with a pretty serious rivalry -- tangling with cousin Ferdinand "Butzi" Porsche, designer of the 911. Now it appears he'll bow out in more or less the same fashion. At war. It's just his style. In fact, it will be his legacy....
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VIDEO: First Shift: Cadillac shows plug-in CT6

12:01 am U.S. ET | April 20, 2015

Electric range is 37 miles or more; Benz's X4-fighter?; Chinese company seeks U.S. dealers; helping Honda look ahead....
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Judge backs Mitsubishi in franchise lawsuit

12:01 am U.S. ET | April 20, 2015

Mitsubishi has prevailed in a long-running legal dispute with one of its largest dealers. But, an attorney for the dealer says the fight will continue as a new lawsuit is in the works....
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Ghosn says China needs to boost incentives to move EVs

8:25 am U.S. ET | April 20, 2015

Nissan CEO and EV champion Carlos Ghosn says he is disappointed with electric vehicle sales in China and that the government needs to step up incentives to help the green cars....
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