News

Toyota's new execs see a crisis
Feb. 18
Author: Hans Greimel

Toyota's latest batch of newly promoted executives injects new diversity of thought, but all are decidedly single-minded in warning that Japan's biggest automaker is beset by industry upheaval.

The game is afoot as changes grip GKN
Feb. 18
Author: Jackie Charniga

GKN has changed CEOs, embarked on a two-year profit drive and now is battling a hostile takeover -- all while launching its advanced eDrive technology.

Marchionne's successor will come from within
Feb. 18
Author: Larry P. Vellequette

Besides Marchionne, there are 17 men on the FCA group executive council, but realistically, only a handful are likely candidates for CEO.

Takata's U.S. bankruptcy plan approved by judge
Feb. 17

Takata received court approval for its bankruptcy exit plan in the United States, clearing the way for the sale of Takata's assets and providing compensation for those injured by its deadly airbags.

Lyft taps used-car trade group to find more drivers
Feb. 17
Author: Shiraz Ahmed

Lyft wants to put drivers in cars they can afford, rather than having them take on expensive loans for new vehicles.

Canada, cars and coffee
Feb. 17

What plateau? Canada's auto sales are booming. Protecting 'Silicon Valley north' talent. Why some Canadian dealers set up shop in the U.S. One Hyundai exec's poor stickhandling skills. Plus, a controversy is brewing.

A human helper for the stumped self-driving car
Feb. 17
Author: Katie Burke

Phantom Auto is refining a system that lets remote drivers take over self-driving cars when the cars get stuck.

GM's Korea retrenchment gets off to an early start
Feb. 17
Author: Michael Wayland

General Motors is already scaling back operations in South Korea ahead of an announced plant closure there in May.

Tesla delays, tax credit concerns spur sales of Chevy Bolts
Feb. 16

Some potential buyers of Tesla's long-delayed Model 3 are concerned that they will miss out on federal tax breaks and are looking for alternatives such as the Chevy Bolt.

Dyson wants to build 3 EV models, report says
Feb. 16
Author: David Jolley

Vacuum cleaner maker Dyson aims to bring three electric cars to market with the first launching by 2021, the Financial Times reported.

American Axle posts more gains in Q4 following Metaldyne deal
Feb. 16
Author: Anisa Jibrell

American Axle posted record sales driven by strong light-truck production, as it continues to absorb the benefits of its Metaldyne acquisition.

Commerce Department recommends import tariffs on aluminum, steel
Feb. 16

The Commerce Department recommended that President Donald Trump impose a significant range of tariffs and quotas on imported aluminum and steel.

Fiat Chrysler to recall 228,508 trucks to fix shifter issue
Feb. 16

FCA said it would recall about 228,508 trucks in the United States, Canada, Mexico and other markets to prevent drivers from unintentionally shifting their vehicles out of "park."

Ivanka Trump talks about lending issue with Pa. dealer
Feb. 16
Author: Hannah Lutz

Do auto retailers befuddled by the Military Lending Act clarification now have the ear of the White House? Pennsylvania dealer Corina Straub Diehl thinks so.

UAW-Chrysler training center building sold in Detroit
Feb. 16

Princeton Enterprises has purchased the UAW-Chrysler National Training Center building in Detroit for an undisclosed sum.

AutoNews Now: Magna CEO's worry: A 'socialist' Canada
Feb. 16

VIDEO: Magna CEO's worry: A 'socialist' Canada; Vacuum-maker Dyson plans 3 electric vehicles; Ghosn on making EVs at profit; Late-model Ram pickups recalled; Global sales on track to rise.

Waymo wins Arizona's approval for first driverless ride-hailing service
Feb. 16

The first commercial ride-hailing service without human drivers has been approved in the United States. Google affiliate Waymo won a permit in January from the Arizona Department of Transportation.

Faurecia profit rises 34% in 2017
Feb. 16

Faurecia's net income in 2017 climbed 34 percent to 714.5 million euros ($896.4 million), as the supplier saw strong growth across all its main markets.

VW staff are unconvinced of culture change
Feb. 16

Almost two-thirds of VW employees in Germany see no improvement in the automaker's corporate culture nearly two and a half years after its diesel emissions fraud was revealed.

Ghosn pledges 'irreversible' Renault alliance with Nissan
Feb. 16

Carlos Ghosn pledged to cement Renault's partnership with Nissan and Mitsubishi, saying the companies will come up with a plan in the next few weeks to make the alliance "irreversible."

First Shift: Ghosn vows to make alliance 'irreversible'
Feb. 16

VIDEO: Ghosn vows to make Renault-Nissan-Mitsu alliance 'irreversible'; Mueller denies plan to oust Audi CEO; End near for Focus RS; From AN Canada Congress: Buy-sells without borders.

Audi denies CEO Stadler will be replaced by former Skoda boss
Feb. 16

VW CEO Matthias Mueller said reports of an ouster of Audi CEO Rupert Stadler are false. A German newspaper said Stadler will be replaced in April.

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