Toyota targets big cuts in factory, product development outlays

12:30 am U.S. ET | March 26, 2015

Toyota outlined bold savings targets in factory investment and vehicle development, along with gains in fuel efficiency, through an aggressive restructuring being launched this year. The overhaul, part of a switch to new modularized product platforms, has been years in the making and is designed to lift the company’s annual global sales above 10 million.... Read More »

Alcoa receives $259 million U.S. loan to expand aluminum output

12:01 am U.S. ET | March 26, 2015

The Department of Energy agreed to lend Alcoa $259 million to expand automotive aluminum sheet production capacity at the supplier’s Tennessee factory, reviving a long-dormant loan program to support the development of energy-efficient vehicles.... Read More »

Chevy revives Malibu hybrid with 2016 redesign

9:00 am U.S. ET | March 25, 2015

Chevrolet will offer a hybrid version of the next-generation Malibu sedan that will exceed 45 mpg in combined highway and city driving, marking GM's first full-hybrid passenger car after finding little success in recent years with light electrification.... Read More »

Automakers in race to double range of affordable EVs

1:52 pm U.S. ET | March 25, 2015

Automakers are readying a new generation of mass-market electric cars with more than double the driving range of today's Nissan Leaf, betting that technical breakthroughs by big battery suppliers will jump-start demand and pull them abreast of Tesla.... Read More »

UAW to press for 'pattern' labor deals in Detroit 3 talks, Williams says

5:51 pm U.S. ET | March 25, 2015

UAW President Dennis Williams says the UAW will try to negotiate labor contracts with the Detroit 3 later this year that are identical -- a goal made difficult because each automaker has different labor costs largely as a result of a lower-cost, entry-level pay scale.... Read More »

New wave of cheaper batteries add power to hybrids, cut fuel use

12:01 am U.S. ET | March 25, 2015

A new generation of hybrid cars that combine electric and gas power in new ways are emerging as a low-cost alternative for automakers and consumers as batteries get cheaper and more efficient. The new microhybrid systems are coming on line just as automakers face a U.S. goal of 54.5 miles per gallon on average by 2025.... Read More »

Kia to build Forte compact and a small car at Mexico plant

9:53 pm U.S. ET | March 25, 2015

Kia Motors plans to make its Forte compact and an unidentified small car targeted at the local market at its planned factory in Mexico.... Read More »

Mercedes adds plug-in hybrid to retooled GLE crossover line

7:00 pm U.S. ET | March 25, 2015

Mercedes-Benz is rolling out a new plug-in hybrid with the debut of the revamped GLE midsize crossover. The 2016 crossover family will be the first product line to feature Mercedes' new nomenclature. The GLE replaces the M class, Mercedes' top-selling light truck in the U.S.... Read More »

'We've got too many damn tiers,' UAW head tells cheering delegates

10:50 am U.S. ET | March 25, 2015

In a fiery address to hundreds of UAW delegates, union President Dennis Williams said auto workers sacrificed during the recession and now must get that compensation back.... Read More »

VIDEO: AutoNews Now: MPG edge for Malibu hybrid

12:01 am U.S. ET | March 25, 2015

Rating expected to top those of Fusion, Camry, Sonata hybrids; UAW head: 'Too many damn tiers'; Texas Rangers Ram.... Read More »

Detroit Diesel to invest $208 million in Mich. plant upgrades, create 245 jobs

10:04 am U.S. ET | March 25, 2015

Detroit Diesel Corp. plans to upgrade its nearly 75-year-old manufacturing plant in suburban Detroit. The manufacturer of diesel engines is expected to invest $208 million to add new machinery and equipment for a new medium-duty diesel engine line, creating an anticipated 245 jobs.... Read More »

JIM HENRY

BLOG: If dealers don't weigh in, they can't gripe

12:30 pm U.S. ET | March 25, 2015

Dealers have a chance right now to weigh in on what they like and don’t like about their lenders, and they shouldn’t miss the opportunity.
... Read More »

Average U.S. gasoline usage lowest in 3 decades, study says

2:09 pm U.S. ET | March 25, 2015

With improvements in vehicle fuel economy, U.S. drivers’ average gasoline consumption is the lowest it’s been in at least 30 years, according to research by the University of Michigan released today.... Read More »

'Top Gear' host Jeremy Clarkson fired by BBC

1:19 pm U.S. ET | March 25, 2015

The BBC today dropped British "Top Gear" motoring show host Jeremy Clarkson, who built a global fan base while repeatedly causing offence with strongly worded views, after finding he had physically attacked a producer.... Read More »

Dealer groups charge CFPB is unresponsive

12:00 pm U.S. ET | March 25, 2015

Dealer trade groups are asking members to seek help from their elected representatives to prod the Consumer Financial Protection Bureau into responding to a lender study released last fall that was highly critical of its method of determining discrimination in auto finance.... Read More »

Lenders raise red flags over CFPB plan to publish consumer complaints

12:00 pm U.S. ET | March 25, 2015

Auto lenders are lining up to oppose the Consumer Financial Protection Bureau’s plan to publish consumer complaints with financial services providers on its website.... Read More »

Credit union pilot targeting subprime borrowers shows promise

12:30 pm U.S. ET | March 25, 2015

A small pilot program to encourage credit unions to do more subprime auto lending has helped participants gain some business but is still several steps away from providing a model for a larger effort.... Read More »

Tata plans to raise $1.2 billion to help fund Jaguar Land Rover expansion

March 25, 2015 17:52 CET

Tata Motors plans to raise as much as $1.2 billion in a rights offer to help fund investments at its Tata and Jaguar Land Rover brands. Jaguar Land Rover plans to add more than 40 new products and to increase manufacturing capacity in the UK, in China, Brazil and other markets.... Read More »

Automakers race to double the driving range of affordable electric cars

March 25, 2015 12:06 CET

Automakers are readying a new generation of mass-market electric cars with more than double the driving range of today's Nissan Leaf, betting that breakthroughs by battery suppliers will increase demand and help them compete better with Tesla.... Read More »

Texas Ranger Ram concept honors lawmen

10:30 am U.S. ET | March 25, 2015

Ram today will unveil a concept 2015 Ram 1500 pickup at the Dallas auto show to honor the Texas Rangers -- the historic law-enforcement agency that once brought order to the Lone Star state's rough-and-tumble frontier.... Read More »

TRW in talks with India’s Amtek to sell suspension business, reports say

10:29 am U.S. ET | March 25, 2015

Amtek Auto, an Indian car parts maker, is among companies in talks to acquire TRW's suspension business, people familiar with the matter said.... Read More »

F&I TIP

Take advantage of those pesky potholes

9:33 am U.S. ET | March 25, 2015

It’s spring, time for roads to thaw and F&I managers to stockpile news items on the giant potholes lying in wait. “The Asbury Park Press is full of them,” says Chris Bell, finance director for Freehold Buick-GMC, near the Jersey shore. He has a display stand outside his office, but instead of holding shiny, new wheels it houses dinged up ones. Sales of tire-and-wheel plans “always go up” as a result of winter weather, he says.... Read More »

Ford recalls 220,000 vehicles in N.A. for 3 issues

9:25 am U.S. ET | March 25, 2015

Ford Motor Co. is recalling more than 220,000 vehicles in North America for potential issues with door handles, vacuum pump relays and sensors.... Read More »

Former GM Europe chief Forster will lead UK taxi builder

March 25, 2015 06:01 CET

Auto industry veteran Carl-Peter Forster, who once headed GM Europe and Tata Motors, is new board chairman at London Taxi Company, which builds the UK's iconic black cabs.... Read More »

VIDEO: First Shift: Crash claims 2 Delphi workers

12:01 am U.S. ET | March 25, 2015

Employees took doomed flight from Spain; Sergio defends Jeeps; Jaguar high-wire stunt; Cadillac with a twist.... Read More »

 
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Tenn. dealer hires for a lifetime

Tenn. dealer hires for a lifetime

Tenure is measured in decades, not just years, at Jenkins & Wynne Ford, Lincoln, Honda in Clarksville, Tenn. Its full of workers who've spent 20, 30, even 50 years with the company. Mon., March 23
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