Headlines for Tuesday, August 12, 2014

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Record rainfall in Michigan disrupts Detroit 3 operations

11:38 am U.S. ET | Aug. 12, 2014
Southeast Michigan experienced record rainfall Monday, causing closures or slowdowns at Ford, General Motors and Chrysler plants and tech centers throughout the area.

TrueCar growing at faster pace than strong U.S. vehicle market

5:41 pm U.S. ET | Aug. 12, 2014
TrueCar, the online car-shopping site that went public with its stock in May, is growing its sales and dealer network faster than overall U.S. vehicle sales and faster than analysts expected.

Chrysler purchasing chief Kunselman to lead new safety office

9:33 am U.S. ET | Aug. 12, 2014
Chrysler tapped its head of purchasing, Scott Kunselman, to lead a new office that will oversee safety issues and regulatory compliance as scrutiny over the industry's safety record grows.

VIDEO: AutoNews Now: Detroit 3 disrupted by flooding

12:01 am U.S. ET | Aug. 12, 2014
Heavy rains hamper work at Chrysler, Ford, GM; Chrysler's new safety office; Toyota sees fresh faces; millennial online onslaught.

VIDEO: First Shift: Tesla Model S gets rough review

12:01 am U.S. ET | Aug. 12, 2014
Consumer Reports had issues with EV's center screen going 'blank'; lawyers vie to fight GM; Kia's longer Sorento; Honda's ad cops.

Audi will 'accept penalty' in China anti-monopoly probe

Aug. 12, 2014 10:57 CET
Audi will accept punishment from Chinese authorities for breaching anti-monopoly laws in the world's largest car market, according to a statement from the automaker.

GM hails Opel dealership take-up in European turnaround plan

2:37 pm U.S. ET | Aug. 12, 2014
General Motors' European transformation is gathering pace, with the vast majority of its former Chevrolet dealers in the region now selling only Opel-branded vehicles to boost the once-flagging brand, the automaker said today.

VIDEO: Ford, Toyota reshape supplier strategies

12:01 am U.S. ET | Aug. 12, 2014
Ford purchasing boss Hau Thai-Tang is reaching out to supplier CEOs in a bid to get their best teams working with Ford to deliver cutting-edge technology. As a lure, he's dangling global contracts and greater access to product info.

A (virtual) Rolls-Royce for the masses

1:38 pm U.S. ET | Aug. 12, 2014
Rolls-Royce Motor Cars debuted the Wraith in “Forza Motorsport 5” on the Xbox One today, a historic moment for driving game enthusiasts and an example of the branding opportunities automakers see in video games.

Even millennials bypass social media during car-buying journey

12:30 pm U.S. ET | Aug. 12, 2014
Despite years of hype by automakers and dealers, social media remain a non-starter for car shopping. Just 1 percent of car buyers use social sites to shop for a vehicle, according to an AutoTrader survey.

YANG JIAN

Why China's NDRC has become country's antitrust watchdog

12:01 am U.S. ET | Aug. 12, 2014
China's NDRC used to be very friendly toward foreign automakers, approving numerous factory projects. Now its is investigating global automakers for suspected monopolistic behavior. What prompted the change?

VW brand sales rise on Europe, China gains

Aug. 12, 2014 11:48 CET
VW increased sales at its core passenger-car brand by 4 percent in July as higher deliveries in western Europe and China offset declines in the United States and Brazil. Global sales of VW brand cars and SUVs rose to 491,600 last month.

Fiat says will not waive or raise payout cap in Chrysler merger

11:46 am U.S. ET | Aug. 12, 2014
Fiat will not call a shareholders' meeting to waive or raise the 500 million euro ($668 million) limit it has set for paying out dissenters in its merger with Chrysler, the carmaker said today.

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW invests 55 million euros to boost image in Korea

Aug. 12, 2014 06:01 CET
BMW will open its third global brand experience center later this month in South Korea, which will allow customers to test their driving skills on features including a winding handling circuit and an off-road course.

Shanghai GM contacted by regulators as rivals pressured to cut prices

7:08 am U.S. ET | Aug. 12, 2014
General Motors said its joint venture in China was contacted by the nation’s antitrust regulator amid an industry investigation that has seen at least seven foreign carmakers cut prices.

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