News

Finance groups anticipate attitude shift at House Financial Services Committee
Nov. 14
Author: Jackie Charniga

With Rep. Maxine Waters as the likely candidate to lead the House Financial Services Committee, auto finance industry experts are preparing for a shift in the tone of the group.

Dealerships, recyclers will get EPA waivers for airbag disposal
Nov. 14

The EPA will waive some hazardous waste regulations for auto dealerships and other businesses disposing of airbags in hopes of ensuring proper disposal of potentially deadly Takata airbag inflators.

Ford drops crossover from low-volume markets
Nov. 14
Author: Michael Martinez

The automaker is adjusting where it sells certain models and is reducing the number of available parts on a number of vehicles as it looks to maximize profits amid a global restructuring.

AutoNews Now: Porsche, Mini top sales satisfaction study
Nov. 14

Porsche, Mini leaders in sales satisfaction; EPA eases airbag-disposal rules; Ford store apologizes for ad; Lime car-sharing; Aston's 'thing of beauty'; Kia teases redesigned Soul

Data shows grim picture of driving behavior near schools
Nov. 14
Author: Pete Bigelow

A leading traffic analytics company has compiled a detailed portrait of driver behavior on roads surrounding more than 125,000 schools across the country.

Scooter startup Lime launches car-sharing service in Seattle
Nov. 14

Lime, the scooter startup company that has spread bikes and scooters around the country over the last year, will start spreading around Lime-branded cars, too.

Don't turn today's profit into tomorrow's chargeback
Nov. 14
Author: Hannah Lutz

As banks continue to lose share to credit unions, refinancing may be a short-term way for them to gain customers. Dealers should be cognizant of the potential strategy.

E.U. would strike back at U.S. car tariffs, trade chief warns
Nov. 14

The European Union would retaliate against any U.S. decision to impose tariffs on car imports, though the bloc hopes it can avoid such a confrontation, European Trade Commissioner Cecilia Malmstrom said.

Elon Musk's 'Teslaquila' drink faces clash with Mexican tequila industry
Nov. 14

Elon Musk and Mexico's tequila producers could be headed for a collision after the drink's industry group opposed the Tesla CEO's efforts to trademark an alcoholic drink dubbed "Teslaquila."

Daimler will open second r&d center in China to accelerate localization
Nov. 14

Daimler plans to invest 1.1 billion yuan ($158.23 million) in a second r&d center in Beijing to help accelerate localization of Mercedes vehicles in China.

Aston Martin crossover is 'thing of beauty,' CEO Palmer says; DBX name confirmed
Nov. 14
Author: Nick Gibbs

Aston Martin could create "beautiful dimensions" for the DBX crossover because designers were not limited by using a shared platform when building the car, CEO Andy Palmer said.

Uber revenue slows as quarterly loss surges to $1.1 billion
Nov. 14

Uber's sales are dramatically slowing even as the ride-hailing company is spending more to fuel global growth, particularly in its food delivery business.

Porsche, Mini top luxury and mass-market segments in sales satisfaction study
Nov. 14
Author: Danielle Szatkowski

Porsche tops the luxury segment, while the Mini brand ranked highest in the mass-market segment in J.D. Power's latest sales satisfaction study.

Experian experiments with voice-to-credit applications for auto lending
Nov. 14
Author: Jackie Charniga

Customers may someday be able to apply for an auto loan via a voice-enabled device, according to Experian. But with security and adoption hurdles to clear, it may still be years away.

First Shift: Ford, Walmart explore autonomous deliveries
Nov. 14

Ford, Walmart explore autonomous deliveries; Report: Trump holds off on new tariffs, for now; Calif. compromise?; Tesla, GM, Nissan unite in tax-credit push; Ranger's range of add-ons.

Kia to keep it funky with redesigned Soul at L.A. show
Nov. 14
Author: Hans Greimel

Kia keeps its boxy Soul urban runabout true to its funky inner spirit with the unveiling of the third generation at this month's Los Angeles Auto Show.

Karma partners with online car-shopping platform
Nov. 14
Author: Hannah Lutz

Karma Automotive, formerly Fisker Automotive, has partnered with Drive Motors, an online car-shopping and financing platform, in an effort to expand its scope despite its small dealership count.

Mulally: Ford 'will figure it out'
Nov. 14
Author: Amy Wilson

Despite the headwinds it faces today, including new mobility services that are disrupting the status quo in the auto industry, Ford Motor Co. "will figure it out," Alan Mulally, the automaker's retired CEO, said Wednesday at a conference on used vehicles.

Ford dealership in S. Calif. faces backlash over 'smoking hot' sales promotion
Nov. 14
Author: Danielle Szatkowski

A Southern California Ford dealership is facing heavy criticism for "smoking hot" promotions on new vehicles launched during what have become the deadliest wildfires in the state's modern history.

Key Democrat demands changes to new North America trade deal
Nov. 14

President Donald Trump's new trade deal with Canada and Mexico needs changes to win support from Democrats, according to a senior House Democrat in line to influence trade policy in the new Congress.

Car buyers say they are more satisfied with direct financing than indirect
Nov. 14
Author: Jackie Charniga

Customer satisfaction with auto lenders is highest when the dealer is left out of the equation, according to J.D. Power. Direct financing remains one of the smallest slices of the auto financing market, but gets the highest satisfaction scores.

Ford and Walmart start autonomous-vehicle partnership
Nov. 14
Author: Pete Bigelow

Ford and Walmart have started a joint pilot to explore how the companies can use self-driving vehicles to deliver groceries and other consumer goods.

U.S. holds off on car tariffs after trade meeting, report says
Nov. 13

The Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, Bloomberg reported.

BMW may sell U.S. credit-card business, report says
Nov. 13

BMW is one of the last major consumer companies to still own and manage its card portfolio. The automaker has held talks with banks about selling its credit-card portfolio, sources told Bloomberg.

Ford pushing 150 aftermarket add-ons for revived Ranger through dealers
Nov. 13
Author: Michael Martinez

Ford is partnering with Yakima and working through its dealers to offer 150 parts and accessories for its new midsize pickup, including bed racks, tow hooks and paddleboard carriers. All parts come with a 3-year/36,000-mile Ford warranty.

AutoNews Now: China's Zotye plans U.S. sales, franchises
Nov. 13

Chinese automaker Zotye's U.S. sales plan: Budget CUVs, flexible facilities; JCI selling battery unit; Ford 'Baby Bronco' spied; Toyota rewards a hero; Remembering Stan Lee.

Ford's 2020 baby Bronco off-roader shows up in leaked photos
Nov. 13
Author: Michael Martinez

Photos leaked from Ford's annual dealer meeting last month in Las Vegas provide the first public look at the so-called baby Bronco, an upcoming off-road compact crossover.

BMW rounds out redesigned 3 series lineup with M340i, M340i xDrive
Nov. 13
Author: Urvaksh Karkaria

The 2020 BMW M340i and M340i xDrive sedans offer an array of sensors and technologies to lighten the load of driving, including a semi-automated driving system that allows for hands-free and pedal-free driving.

Toyota touts new ethanol hybrid technology, laments Brazil woes
Nov. 13

Toyota's new ethanol hybrid vehicle being developed in Brazil is exceeding all the manufacturer's expectations, a top executive said.

Waymo will launch first commercial robotaxi service in U.S. next month, report says
Nov. 13

Waymo is planning to launch the world's first commercial robotaxi service in early December in Phoenix., Bloomberg reported.

Johnson Controls sells battery unit to Quebec investment firm and partners
Nov. 13

Johnson Controls said it would sell its power solutions business, which makes car batteries, to a Canadian investment firm in a cash deal valued at $13.2 billion.

California counters Trump's car emissions rollback with new plan
Nov. 13

California has countered President Donald Trump's proposed rollback of fuel economy and greenhouse gas requirements for cars and trucks, the acting head of the EPA said.

First Shift: Waymo to offer driverless paid rides - report
Nov. 13

Waymo to offer driverless paid rides - report; Progress on import probe?; New boss for Maserati N.A.; CPO sales on rise; 192 days' worth of Fiats; Shaggy, Sting and the Spider.

Chinese automaker Zotye begins recruiting U.S. dealers, plans to sell budget crossover
Nov. 13
Author: David Sedgwick

China's Zotye Automobile International has begun recruiting U.S. dealers and has charged two import-industry veterans with the task of bringing a budget crossover to America in 2020.

Tesla loses a high-ranking lawyer just as SEC tightens grip
Nov. 13

An experienced securities lawyer has left Tesla just as the company needs one under its fraud settlement with U.S. regulators.

Hyundai Palisade crossover leaks ahead of L.A. debut
Nov. 13

Days after the name Palisade was confirmed for Hyundai's newest large crossover, the first undisguised image of the three-row Palisade has been published by Autoreview.ru, ahead of the vehicle's official unveiling.

Tesla joins with GM, Nissan to press for extended electric car credit
Nov. 13

The EV Drive Coalition, which counts Tesla, General Motors and Nissan among its members, formally launched with the goal of getting Congress to extend the $7,500 per-vehicle consumer tax credit.

Henry Stanford, co-founder of Michigan's Varsity Automotive Group, dies at 70
Nov. 13
Author: Anisa Jibrell

Henry Stanford, who co-founded Michigan's Varsity Automotive Group, died on Friday. He was 70.


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