Headlines for Friday, October 18, 2013

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2013 Best Dealerships to Work For

12:01 am U.S. ET | Oct. 18, 2013
Automotive News' 2013 Best Dealerships to Work For

VIDEO: AutoNews Now: Lutz's sense of Karma

12:01 am U.S. ET | Oct. 18, 2013
Industry vet replacing Fisker's hybrid system with powerful Corvette engines; GM's Russian evolution; Ford cop cars triumph.

Agnelli heir Lapo Elkann says he was sexually abused as a child

Oct. 18, 2013 21:20 CET
Lapo Elkann, the brother of Fiat Chairman John Elkann, said he was sexually abused as a teenager while at boarding school.

Baltimore port reopening, but car shipments still idled

5:03 pm U.S. ET | Oct. 18, 2013
Baltimore’s port, a gateway for autos from BMW and Mazda, partially reopened with car shipments still idled even as striking longshoremen resumed work on container vessels.

Lutz: Corvette-powered Karmas coming in 2014

12:04 pm U.S. ET | Oct. 18, 2013
VL Automotive, a Detroit venture backed by former General Motors' vice chairman Bob Lutz, is moving ahead with plans to convert Fisker Karmas from hybrid power to Corvette power.

UAW trust pushing Chrysler IPO discloses $3.1 billion shortfall

3:50 pm U.S. ET | Oct. 18, 2013
The trust responsible for paying the health-care costs of some union retirees of Chrysler Group faces $3 billion in unfunded obligations as it works to get the most for its stake that Fiat wants to buy.

VIDEO: How future auto execs put on student-run show

12:01 am U.S. ET | Oct. 18, 2013
2013 marks the 50th anniversary of the Northwood University International Auto Show in Midland, Michigan. It's the largest student-organized auto show in North America.

Agnelli heir Lapo Elkann says he was sexually abused as a child

3:20 pm U.S. ET | Oct. 18, 2013
Lapo Elkann, the brother of Fiat Chairman John Elkann and an heir to Italy's biggest industrial dynasty, said in an interview published on Friday that he was sexually abused as a teenager while at boarding school.

DOUGLAS A. BOLDUC

BMW i3 makes massive media gains

12:01 am U.S. ET | Oct. 18, 2013
The BMW i3 is a big Web winner. The electric car's Frankfurt auto show debut led to huge increases in coverage via online news stories, Twitter posts and blog mentions.

Tesla's Musk aims to make James Bond's submarine car a reality

10:30 am U.S. ET | Oct. 18, 2013
Tesla CEO Elon Musk is the new owner of a certain Lotus Esprit, of James Bond fame, that converts into a submarine -- and he plans to make it a reality.

Tesla picks AT&T for internet services in its electric cars

10:47 am U.S. ET | Oct. 18, 2013
Tesla Motors picked AT&T to provide high-speed wireless service to its vehicles, giving the carrier a boost in its effort to expand beyond mobile phones.

GM will integrate Russia into its Europe business

Oct. 18, 2013 12:46 CET
General Motors said it will integrate its Russian operations into its GM Europe business in a move that will help the automaker's struggling Opel brand.

VIDEO: First Shift: 'Best Dealerships' honored

12:01 am U.S. ET | Oct. 18, 2013
Top store, Friendship Chrysler in Tenn., has fund for families in need; GM in sales lead; from James Bond to Elon Musk.

BMW releases details of 4-series convertible

Oct. 18, 2013 06:01 CET
BMW has released images and details of the 4-series convertible, which will launch in Europe early next year, after debuting at the LA auto show in November.

Audi sees profit margin dropping to 6% on new models, report says

Oct. 18, 2013 06:01 CET
Audi expects that heavy investments to launch new models and expand production plants will nearly halve its operating profit margin to 6 percent in 2015, a report said.

Japanese supplier Jtekt to pay $1.9 million in Australia antitrust case

7:24 am U.S. ET | Oct. 18, 2013
Japanese supplier Jtekt said its Australian subsidiary will pay around $1.9 million to settle antitrust charges as it confronts penalties from a global investigation into price-fixing by parts makers.

Valeo third-quarter sales rise helped by increased China demand

Oct. 18, 2013 09:46 CET
Valeo said its third-quarter sales rose as demand grew in China and North America and the European car market showed signs of stabilizing.

Europe's new-car sales likely to grow 2.5% in 2014, study says

Oct. 18, 2013 10:45 CET
European vehicle sales are likely to rise 2.5 percent in 2014, the first increase for seven years, a think tank affiliated with Hyundai said.

Porsche's L.A. experience center to open in 2014

Oct. 18, 2013 06:01 CET
Porsche will open its largest Porsche Experience Center next year in Los Angeles to allow Porsche owners and potential customers to test the automaker's sports cars.

DOUGLAS A. BOLDUC

BMW i3 makes massive media gains

12:01 am U.S. ET | Oct. 18, 2013
The BMW i3 is a big Web winner. The electric car's Frankfurt auto show debut led to huge increases in coverage via online news stories, Twitter posts and blog mentions.

Automotive News
Special Video Report
Colo. stores use cameras, computers to build transparency

Colo. stores use cameras, computers to build transparency

Planet Honda's technicians-turned-video directors are with one tap bringing the service bay to customers, while digital files are providing a clear snapshot of a used-car's history at Kuni Lexus of Greenwood...
» Watch the Video
     
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