Headlines for Tuesday, March 6, 2012

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Chevrolet Volt named European Car of the Year as production halt looms

Just as the assembly lines making them prepared for a five-week shutdown due to slack demand, General Motors Co's Chevrolet Volt and Ampera plug-in electric hybrid cars were named "European Car of the Year" at the Geneva auto show. Read More »

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AutoNews Now: What's hot in Geneva

A luxury SUV from Bentley, new Lexus RX, and a 'big' Fiat 500 take the stage in Geneva; GM still working to aid Opel, and Ford's technology fix. Read More »

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First Shift: GM's Peugeot stake: $420M

GM-Peugeot deal calls for assembling at least 4 vehicles within 6 years, MyFord Touch upgrade heads to dealers, Toyota's post-Katrina project. Read More »

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Ford CEO Alan Mulally awarded $58.3M in stock for automaker's turnaround

Ford awarded CEO Alan Mulally $58.3 million in stock as a reward for the automaker's turnaround. Ford paid the stock to its top executive as part of an incentive plan covering 2009, according to filings with the U.S. Securities and Exchange Commission. Read More »

Used-vehicle price rise seen mild if gas prices peak at $4/gal.

Rising gasoline prices are expected to peak at about $4 per gallon in May and will produce a “mild” effect on used-vehicle prices, analysts at NADA Used Car Guides say in a report released Tuesday. Read More »

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Fiat scouting Asia for possible partner in wake of GM-Peugeot deal

Fiat is scouring Asia for a possible partner after the planned alliance between GM and Peugeot shrank the Italian automaker's pool of European candidates. Fiat and Chrysler CEO Sergio Marchionne says teaming with either Suzuki or Mazda makes sense. Read More »

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Toyota may boost 2012 outlook for U.S. industry sales

Toyota may be ready to ratchet up its 2012 sales outlook for the U.S. auto market after two months of stronger-than-expected industry volume, a top executive at the Japanese automaker said on Tuesday. Read More »

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RICK KRANZ:

How small is the Mercedes A class? Think Fiesta hatchback

Next time you see a Ford Fiesta hatchback rolling down the road, take a good look at that car. That subcompact Fiesta is pretty close in size to a small German car line that's headed to our shores. Read More »

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JAMIE LaREAU:

MyFord Touch flop shows that technology sometimes comes at a high price

In fixing MyFord Touch, Ford reluctantly acknowledges that the system wasn't “playing in Peoria,” so to speak. Read More »

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LINDSAY CHAPPELL:

Will that Datsun name never die?

Nissan spent half a decade trying to stuff the Datsun name in a box and get rid of it in the 1980s. Is it coming back? Read More »

Supplier Fluid Routing Solutions acquired by Park-Ohio Industries

Automotive hose supplier Fluid Routing Solutions has been acquired by Cleveland-based Park-Ohio Industries Inc. for $97.5 million in cash, according to a release. Read More »

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China's car sales cool, off to worst start since 2005

Automobile sales in China, the world's biggest car market, may be having their worst start in seven years as a slowing economy and record gasoline prices keep consumers away from dealerships. Read More »

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Automakers prepare for deepening sales declines in Europe

Ford, BMW, Toyota and their competitors are preparing for a deeper slump in European sales after deliveries at the beginning of the year were at the low end of their expectations. Read More »

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2012 GENEVA AUTO SHOW:

Infiniti throttles up midengine plug-in

Calling it proof of its intention to create a performance halo car for the brand, Infiniti showed audiences at the Geneva auto show today a midengine sports car built with a battery-powered electric motor and range-extending gasoline engine. Read More »

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2012 GENEVA AUTO SHOW:

Porsche retools Boxster to catch BMW, Mercedes

Porsche has overhauled the third generation of its least-loved model, the 2013 Boxster roadster, to pass BMW AG's Z4 and achieve record sales. Read More »

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Sergio Marchionne on Dart, debt and diesels

Sergio Marchionne led the rescue of Chrysler after the U.S. automaker's 2009 bankruptcy. He took questions from Editor-In-Chief Keith Crain at the Automotive News World Congress in January. Read More »

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BMW in talks with GM on future technologies, Reithofer says

BMW is in talks with General Motors on future technologies such as fuel cells and may extend cooperation with PSA Peugeot Citroen on gasoline engines, CEO Norbert Reithofer said. Read More »

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Ex-Porsche CFO Haerter, two managers charged with fraud

Former Porsche SE CFO Holger Haerter was charged along with two other company managers over statements made to a bank when the company refinanced a 10 billion-euro ($13.2 billion) loan. Read More »

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PAUL MCVEIGH:

Bentley's SUV is fit for a queen

I thought a Bentley SUV would surely be big, brash and ugly and not something the Queen of England's favorite car brand should consider building. But do you know what? I think it looks good. Read More »

New Civic diesel will have CO2 emissions of 95g/km

Honda's new diesel engine for the Civic will produce CO2 emissions of 95 grams per kilometer, the automaker's European boss said Tuesday at the auto show here. By comparison, the Toyota Prius gasoline-electric hybrid produces CO2 of 92g/km. Read More »

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PAUL MCVEIGH:

Bentley's SUV is fit for a queen

I thought a Bentley SUV would surely be big, brash and ugly and not something the Queen of England's favorite car brand should consider building. But do you know what? I think it looks good. Read More »

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GM will pay 320 million euros for 7% PSA stake

PSA said it will carry out a 1 billion euro ($1.32 billion) capital increase to fund its alliance with General Motors. GM will pay about 320 million euros for a 7 percent stake in PSA, making it the second-largest shareholder of the Paris-based company after the Peugeot family. Read More »

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GM will stop making slow-selling Volt plug-in for 5 weeks

General Motors, missing sales goals for the Chevrolet Volt plug-in hybrid, plans to halt production of the sedan for five weeks beginning later this month rather than discount the high-technology cars. Read More »

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JASON STEIN:

Why internal combustion engines are making a comeback

For at least the last five years, electric and hybrid technology has dominated the European auto show circuits. But Geneva could be a sign that things are changing. Read More »

Special Report
Fla. store chain goes for easy sell

Fla. store chain goes for easy sell

Under owner Scott-McRae Group, the Duval family of dealerships in Jacksonville has shed traditional titles, traditional sales techniques and even traditional workweeks, and found its way to higher customer... Mon., June 16
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