Automotive

Ally’s six-year bailout to end as U.S. sells $1.25 billion stake

7:48 pm U.S. ET | Dec. 18, 2014
Ally Financial said the Treasury will sell its remaining $1.25 billion stake in the auto lender, resolving one the largest bailouts from the financial crisis six years ago....
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Toyota to invest $126M to expand powertrain operations, consolidate vehicle development in Mich.

11:10 am U.S. ET | Dec. 18, 2014
Toyota said today that it will invest $126 million to expand its powertrain operations in Ann Arbor, Mich., and consolidate vehicle development operations at a new facility in nearby York Township, Mich....
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Takata CEO takes out newspaper ads in reaction to airbag crisis

6:57 am U.S. ET | Dec. 18, 2014
Takata, the embattled airbag maker, stepped up its response to a global auto-safety crisis by distributing an open letter from its CEO in U.S. and German newspapers....
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Ford expands Takata driver-side airbag recall in U.S.

10:08 am U.S. ET | Dec. 18, 2014
Ford today expanded the recall of older-model Mustang cars that have driver-side Takata airbags with inflators to include about 502,500 vehicles....
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Mercedes recalls 4,871 cars, SUVs in U.S. for possible oil leak

9:57 am U.S. ET | Dec. 18, 2014
Mercedes-Benz is recalling 4,871 sedans and SUVs in the United States because of a potential oil leak, according to documents filed with federal safety regulators....
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Ford shuts doors at Belgium plant

Dec. 18, 2014 15:12 CET
Ford produced the last car at its plant in Genk, Belgium, closing the site which produced some 14 million vehicles over the past 50 years....
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Takata airbag crisis may spur maintenance changes in Japan

8:54 am U.S. ET | Dec. 18, 2014
Takata's airbag crisis could spur changes to how car owners maintain their vehicles, with Japan’s automakers discussing whether drivers should regularly replace the chemicals used to inflate the safety devices....
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Renault-Nissan and AvtoVAZ form Russia's biggest auto parts buyer

Dec. 18, 2014 14:20 CET
The Renault-Nissan alliance and AvtoVAZ will merge their purchasing activities in Russia to create the largest buyer in the country's auto industry....
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Smartphone app Zubie adds automotive retail and service perks

8:00 am U.S. ET | Dec. 18, 2014
Drivers don’t need a calendar to let them know when to go in for a service check -- Zubie can tell them. And now, the smartphone app is offering perks as well....
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UK car production seen flat in 2014 as exports weaken

Dec. 18, 2014 11:00 CET
British car production will remain flat in 2014 as model changeovers and economic uncertainty in export markets hit output....
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Toyota-PSA Czech JV plant cuts 2015 production target

Dec. 17, 2014 13:47 CET
Czech car factory TPCA, a joint venture of Toyota and PSA/Peugeot-Citroen, cut its 2015 production outlook by 10 percent to 220,000 vehicles....
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Takata says it has sufficient funds to deal with recalls

10:27 pm U.S. ET | Dec. 17, 2014
Airbag maker Takata has sufficient funds to deal with a global recall that has climbed to about 21 million vehicles after five deaths linked to its products, the company's CEO told the Nikkei newspaper....
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JIM HENRY

Will the CFPB redefine “larger”?

12:01 am U.S. ET | Dec. 17, 2014
Auto industry watchers that formally weighed in on the Consumer Financial Protection Bureau’s definition of “larger” auto lenders took predictable positions before the public comment period closed last week....
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Supplier Brose to invest $97.6M in Detroit area expansion, add 388 jobs

8:21 am U.S. ET | Dec. 17, 2014
Brose North America plans to invest $97.6 million to expand at three locations around Detroit, generating 388 new jobs....
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THE GM RECALL

GM customers demand payment for 'callous cover-up' of defect

7:56 am U.S. ET | Dec. 17, 2014
Owners of General Motors cars with faulty ignition switches turned to the only judge who can help them, saying it's wrong to shield the automaker behind bankruptcy law....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Mercedes pushes S-class plug-in's zip

Dec. 17, 2014 06:01 CET
Mercedes-Benz's marketing plan for the new S-class plug-in hybrid aims to show prospective buyers that going green doesn't mean slowing down or paying more....
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Alfa Romeo readies high-performance engines

Dec. 17, 2014 08:55 CET
Alfa Romeo plans to introduce new high-performance engines, including a range-topping V-6, in a bid to reconnect the brand to its sporty heritage....
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The road ahead for NHTSA's new chief

10:30 pm U.S. ET | Dec. 16, 2014
Mark Rosekind, confirmed to head the National Highway Traffic Safety Administration, faces immediate pressure to take a tougher stance with automakers and suppliers on safety matters, reset the agency's culture and manage the coming wave of autonomous-vehicle and other advanced technologies....
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Takata hires PR firm Sard Verbinnen amid airbag recall crisis

1:34 pm U.S. ET | Dec. 16, 2014
Takata said it has hired public relations firm Sard Verbinnen as the company contends with the fallout from its recall crisis for potentially defective airbag inflators that can spray vehicle occupants with metal shrapnel....
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Nissan Titan goes big rig

11:00 am U.S. ET | Dec. 16, 2014
Despite lackluster sales, Nissan is giving the Titan another shot. An all-new version of the full-size pickup is scheduled to be shown in Detroit in January at the North American International Auto Show....
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AutoTrader.com joins rivals in offering dealership reviews

11:37 am U.S. ET | Dec. 16, 2014
AutoTrader is adding dealer reviews to its website after long resisting them. The giant vehicle shopping site has agreed to post consumer reviews of dealerships collected by DealerRater, the two companies announced today....
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Honda recalls 569,000 vehicles in China over Takata airbags

6:49 am U.S. ET | Dec. 16, 2014
Honda is calling back about 569,000 vehicles in China to investigate potential defects with airbags made by Takata, underscoring the global reach of the safety crisis after similar campaigns in the US, Canada and Japan....
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Volvo plans 3-cylinder engines for 60-series cars

11:00 am U.S. ET | Dec. 16, 2014
Volvo is developing new three-cylinder engines that will appear in its 60-series cars, like the S60 sedan, V60 wagon, and the XC60 crossover.
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Jaguar Land Rover's virtual windshield makes blind spots vanish

6:15 am U.S. ET | Dec. 16, 2014
Jaguar Land Rover is testing a new 360-degree virtual urban windshield which gives drivers a full view of the environment around the car and eliminates blind spots that often lead to accidents.
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Cadillac styling won't take sharp turn with flagship CT6

11:00 am U.S. ET | Dec. 16, 2014
Cadillac's forthcoming CT6 sedan is supposed to be trailblazing for the brand. But don't expect a radical new design direction....
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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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