Automotive

European suppliers poised for boost from self-driving cars, lower emissions

Jan. 30, 2015 06:01 CET
European suppliers such as Faurecia and Valeo have a five- to 10-year window for above-average organic growth because of trends such as the race to produce vehicles that can drive themselves and to build cars that are more fuel efficient, according to a report....
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ANE's February e-magazine goes live Monday

Jan. 30, 2015 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Feb. 2. This month's edition looks at Europe's big 2014 sales winners and explains why 2015 is off to a positive start....
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2015 GENEVA AUTO SHOW

Mitsubishi concept teases next ASX, bolder design

Jan. 30, 2015 06:01 CET
Mitsubishi will use the Geneva auto show to reveal a plug-in hybrid concept that previews the next ASX compact crossover and showcases the brand's bolder design language....
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THE TAKATA RECALL CRISIS

New crash death may be linked to Takata airbag

6:21 pm U.S. ET | Jan. 29, 2015
American Honda has alerted federal safety regulators to another fatal crash involving the possible rupture of an airbag inflator made by Takata, the embattled supplier whose airbags are behind the recall of some 24 million vehicles worldwide....
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Ford's 2014 profit fell 56 percent amid new-product blitz

7:00 am U.S. ET | Jan. 29, 2015
Ford posted a drop in fourth-quarter profit and said earnings fell 56 percent in 2014 as it introduced 24 vehicles worldwide while US market share declined. CFO Bob Shanks predicted "a lot of strong growth numbers from Ford in 2015."...
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VW could beat 5 million euro savings goal, exec says

Jan. 29, 2015 16:09 CET
VW Group ought to be able to cut costs at its passenger-car brand by "substantially more" than the 5 billion euros ($5.7 billion) planned by the carmaker's top management, VW works council chief Bernd Osterloh said....
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GM will suspend output at Russian plant

Jan. 29, 2015 20:01 CET
General Motors will suspend production at its plant in St. Petersburg, Russia, from mid-March until mid-May and is raising prices for its products because of the weak and volatile Russian ruble....
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U.S. driver death rates fall more than a third in 3 years, IIHS says

2:40 pm U.S. ET | Jan. 29, 2015
After the year of the recall, the Insurance Institute for Highway Safety shared some positive news about vehicle safety: The likelihood of driver deaths in late-model vehicles has fallen more than a third in the US in three years, IIHS said in a status report today....
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Toyota recalls 52,000 Avalons to fix potential wiring fire hazard

10:13 am U.S. ET | Jan. 29, 2015
Toyota Motor Sales USA said it plans to recall about 52,000 Avalon sedans from the 2011-12 model years for wiring that could cause a fire....
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Autoliv sees 2015 growth, better margins as Q4 beats forecast

7:25 am U.S. ET | Jan. 29, 2015
Auto safety products supplier Autoliv today said it saw slightly higher margins in 2015 as it posted fourth quarter earnings above market expectations, helped by strong sales in Europe and lower costs for raw materials....
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Gentex Q4 sales gains lag forecasts; stock drops

11:53 am U.S. ET | Jan. 28, 2015
Gentex, a mirror, camera and electronic component supplier, said its fourth quarter net income rose a disappointing 2 percent while overall revenue jumped 7 percent from a year earlier. Gentex shares fell 6 percent....
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Over-the-air auto software updates opens market to acquisitions

2:47 pm U.S. ET | Jan. 28, 2015
Over-the-air software updates -- a no-fuss, no-muss infotainment feature popularized by Tesla Motors -- is rapidly spreading to the entire auto industry, fueling high-price acquisitions in the segment....
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Ford recalls 221,000 vehicles for door handle, seat belt problems

9:57 am U.S. ET | Jan. 28, 2015
Ford said it is recalling about 221,000 cars and vans for door handle and seat belt problems. Ford said it is not aware of any crashes or injuries related to the two recalls....
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Nissan recalls 768,000 crossovers and SUVs for separate problems

9:40 am U.S. ET | Jan. 28, 2015
Nissan is recalling about 768,000 vehicles, including its popular Rogue crossover and Pathfinder SUV, for separate problems, the company and federal regulators said today....
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Oil-price drop may threaten to undercut Obama's clean-energy legacy

7:27 am U.S. ET | Jan. 28, 2015
Last year's 33 percent drop in gasoline prices already has automakers laying the groundwork to challenge more stringent fuel economy targets for new cars....
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Auto industry drives comeback in aluminum prices

6:44 am U.S. ET | Jan. 28, 2015
At a time when other commodities are slumping, aluminum is making a comeback as automakers under pressure to build more fuel-efficient cars increase their use of the lightweight metal....
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Automakers' push for fuel-efficiency boosts aluminum

Jan. 28, 2015 11:02 CET
Automakers, under pressure to build more fuel-efficient cars, are driving demand for aluminum, even at a time when other commodities are slumping. Automakers including Jaguar and Ford are using the lightweight metal in a bid to shed weight and meet emissions goals....
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RICHARD TRUETT

Can Dodge rebuild Pontiac excitement?

11:00 am U.S. ET | Jan. 27, 2015
General Motors has no plans to revive Pontiac, Hummer and Saturn, CEO Mary Barra says. So where do longtime Pontiac and Hummer buyers go if they are in the market?...
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Zetsche, other top auto chiefs to lobby for EU-U.S. trade deal

Jan. 27, 2015 21:06 CET
Daimler CEO Dieter Zetsche, Volkswagen boss Martin Winterkorn and other captains of Germany's automotive industry have gathered in Berlin today to try to rally support for a transatlantic free trade deal that faces potential collapse....
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Mercedes plans to move R-class production to AM General in Indiana

10:18 am U.S. ET | Jan. 27, 2015
Mercedes-Benz plans to shift production of the R-class crossover from its Alabama plant to contract manufacturer AM General in Indiana this summer. The German automaker said it needed to free up space in its assembly operations near Tuscaloosa, Ala....
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Germany plans driverless-car pilot project on autobahn

Jan. 27, 2015 10:36 CET
Germany plans a driverless-car pilot project on a portion of the A9 autobahn between Munich and Berlin. The project would be one of the first to equip a stretch of public highway specifically for testing autonomous vehicles....
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TrueCar: App can 'hypertarget' consumers

12:01 am U.S. ET | Jan. 26, 2015
Online car-buying service TrueCar said the mobile app it will release this year will enable dealers and automakers to collect an unprecedented amount of information on customers....
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NEWS ANALYSIS

Nissan steps back from cutting-edge offerings

12:01 am U.S. ET | Jan. 26, 2015
Nissan and its luxury Infiniti sibling have mellowed in their message of cutting-edge future products as 2015 begins. Missing from talking points this month at the Detroit auto show was any discussion of recent racy concepts. The change in tone signals a desire to focus more intently, at least for now, on tried-and-true volume products....
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EJECTING CD PLAYERS

Hyundai's new infotainment strategy: Leveraging smartphone apps

12:01 am U.S. ET | Jan. 26, 2015
Over the next few years, Hyundai plans to remove CD players from mainstream cars such as the Elantra and Sonata as it rolls out an infotainment system called Display Audio that's built around Apple's CarPlay and Google's Android Auto interfaces....
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Connected-car ecosystem will take a big test

12:01 am U.S. ET | Jan. 26, 2015
Automakers and suppliers are working on cars that not only maneuver independently but also communicate with one another and with the surrounding infrastructure, creating a buzzing community among themselves....
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