Automotive

U.S. auto loan originations at highest level in 9 years, N.Y. Fed says

6:14 pm U.S. ET | Nov. 25, 2014
Americans took out the most auto loans in nine years during the third quarter, according to the Federal Reserve Bank of New York's quarterly Household Debt and Credit Report....
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BMW, Audi lead shift from mass-market to luxury car output in Mexico

Nov. 25, 2014 11:40 CET
Mexico's relationship with German car production began nearly 50 years ago with output of VW's mass-market Beetle. Now it's becoming a place where luxury BMW, Audi and Mercedes cars roll out of billion-dollar factories....
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Japanese regulators to oversee Takata recalls, investigate Honda's recall errors in U.S.

6:30 am U.S. ET | Nov. 25, 2014
Japan's transport ministry will form groups to oversee airbag recalls tied to Takata Corp. and probe Honda Motor Co. for underreporting faults in the U.S., adding to regulatory scrutiny of the two companies....
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RICHARD TRUETT

Ford’s payoff from aluminum bet still years away

11:15 am U.S. ET | Nov. 25, 2014
Investors might be a little concerned at how Ford is spending its money. Ford dropped billions of dollars redesigning the aluminum-bodied 2015 F-150. Then it spent at least a billion more perfecting a high-speed aluminum riveting and bonding production system, and retooling its plants....
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Opel unions upset over output plans for Karl, Corsa, report says

Nov. 25, 2014 06:15 CET
Opel faces labor unrest in Germany over production plans for the Corsa and Karl small cars, a business magazine reported. Workers think the Karl should be made in Germany rather than Korea and fear future Corsa output will be cut from Germany....
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HANS GREIMEL

5 cool flourishes on new Lexus RC

10:50 am U.S. ET | Nov. 25, 2014
Is it too much to say that the new Lexus RC is the best-looking Lexus ever? Even better than the LFA? I finally got behind the wheel an RC 350 F Sport last weekend, and I never got tired looking at the car, from any angle....
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Scion nixes convertible, turbocharged FR-S

10:45 am U.S. ET | Nov. 25, 2014
Toyota says there will be no convertible version of the Scion FR-S sports car and -- in a blow to power-seeking enthusiasts everywhere -- no turbocharged engine....
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100,000 Mazda6 sedans recalled for tire-monitoring systems

10:17 am U.S. ET | Nov. 25, 2014
Mazda is recalling about 100,000 of its Mazda6 sedans from the 2014 and 2015 model years because the tire monitoring system may not alert drivers to low tire pressure, U.S. regulators said today....
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'18 Wrangler to get 8-speed automatic

12:01 am U.S. ET | Nov. 24, 2014
The long-awaited Jeep Wrangler redesign planned for 2018 will come with an eight-speed automatic transmission that promises to dramatically improve the off-roader's fuel economy....
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Airbag inflator shortage plagues industry

12:01 am U.S. ET | Nov. 24, 2014
Honda and other automakers that have recalled vehicles equipped with Takata airbags are trapped in a nasty dilemma. Even if automakers fend off federal regulators' request for a nationwide recall of driver-side airbags, it could take two years or so for Takata to produce enough replacement airbag inflators....
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Toyota's fuel cell goal: Big cost cutting

12:01 am U.S. ET | Nov. 24, 2014
Toyota Motor Corp.'s top fuel cell engineer predicts the automaker will slash the cost of the next hydrogen-fueled powertrain to between one-third and one-fourth the cost of the current system....
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Ford F-150 rivals: Let's rumble

12:01 am U.S. ET | Nov. 24, 2014
Ford Motor Co. began shipping finished 2015 F-150 pickups to dealers last week as it announced the new aluminum-body truck will get up to 29 percent better fuel economy than the outgoing steel-body F-150. But the Ford numbers fell short of taking the overall mpg title for full-size pickups. Ford's two biggest rivals said the 2015 F-150's mpg numbers leave plenty of room for competition in the hotly contested full-size pickup segment....
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Ford moves 2016 Explorer upscale

12:01 am U.S. ET | Nov. 24, 2014
The freshened 2016 Ford Explorer unveiled here last week will come with a new version of the 2.3-liter EcoBoost four-cylinder engine and a new, loaded Platinum trim level that will be priced above the current top-of-the-line Explorer Sport....
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Korean buyout fund considers buying Halla Visteon Climate Control stake

6:43 am U.S. ET | Nov. 24, 2014
South Korean buyout fund Hahn & Co. is considering purchasing shares in Halla Visteon Climate Control Corp. from Visteon Corp., a person familiar with the matter said....
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GM: Strong welds, low costs

As Ford spends big, GM joins aluminum with simple welds

12:01 am U.S. ET | Nov. 24, 2014
General Motors is adding more lightweight aluminum to its vehicles. But unlike Ford Motor Co., GM is not spending hundreds of millions of dollars to retool its assembly plants for the metal....
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Toyota: Fuel cell water safe to drink ... but don't try it

12:01 am U.S. ET | Nov. 24, 2014
Toyota pitches its new Mirai hydrogen fuel cell car as a godsend for the planet. Heat and water are its only byproducts, not climate-altering carbon dioxide. But just how clean is that exhaust water vapor? Turns out, the Mirai's exhaust water is safer than milk, Toyota says. Still, no one at Toyota has tried it....
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JLR speaks up for voice recognition with startup's tech

12:01 am U.S. ET | Nov. 24, 2014
Voice-recognition systems have fallen far short of their promise. Android Auto and CarPlay both use voice recognition, but CloudCar wants to go even further with JustDrive....
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EDITORIAL

More time for victims

12:01 am U.S. ET | Nov. 24, 2014
General Motors is right to extend the deadline for victims of faulty ignition switches to apply for compensation. The cut-off date has been extended a month to Jan. 31....
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Grand Cherokee, Durango plant will be idled for paint shop redo

12:01 am U.S. ET | Nov. 24, 2014
Chrysler Group will stop production of the Jeep Grand Cherokee and Dodge Durango for three weeks starting in December to upgrade the paint shop at the vehicles' assembly plant in Detroit. The revised shop will be able to paint the vehicles with more complex exterior colors....
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Frustrated senators blast Takata, signal more safety legislation

12:01 am U.S. ET | Nov. 23, 2014
Senators' frustration with what they see as an inconsistent and disorganized response to the Takata airbag recall crisis boiled over last week, signaling a push for more auto safety regulations....
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SGL sees rising interest in carbon fiber parts

Nov. 23, 2014 20:25 CET
SGL Group, the materials supplier for carbon fiber reinforced parts in BMW's electric cars, is in talks with Audi, Porsche, GM and other carmakers to supply carbon fiber for a wider range of automotive components, its CEO said....
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VW on track to reach 2018 margin goal, report says

Nov. 23, 2014 20:41 CET
VW Group, which is cutting costs and overhauling its development and production, is on track to reach its goal of a pretax profit of 8 percent of sales by 2018, a German magazine reported....
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Continental mulls German factory closure

Nov. 23, 2014 20:58 CET
Continental is reviewing whether to close its factory in Gifhorn, Germany, which makes electric motors and hydraulic braking systems, because of a lack of customer orders. About 1,600 people work at the plant....
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ZF CEO: We're not chasing 10-speeds

12:01 am U.S. ET | Nov. 23, 2014
ZF Friedrichshafen AG will not follow rivals in pushing for 10-speed transmissions. the German supplier will stop at 9-speed transmissions, says CEO Stefan Sommer....
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Honda in talks with other suppliers for Takata airbag fix, report says

7:45 am U.S. ET | Nov. 22, 2014
Honda is in talks with two airbag suppliers to help it stock replacement parts for defective Takata Corp. airbags, The Wall Street Journal reported on Friday, citing people aware of the planning....
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