Automakers and Suppliers

Ferrari 'family' car gets new name, more power

Feb. 8, 2016 15:41 CET

Ferrari is renaming its FF four-seat coupe as the GTC4Lusso and adding rear-wheel steering to boost the appeal of a model launched five years ago as a practical ultraluxury sports car aimed at wealthy families.... Read More »

VW dealership valuations slide; some smell opportunity

12:01 am U.S. ET | Feb. 8, 2016

Volkswagen's diesel scandal has dinged the company's sales, profits and image. Now, as the scandal enters its sixth month with few signs of a resolution, the effects are trickling down to the value of its U.S. dealerships.... Read More »

NEWS ANALYSIS

VW haunted by emissions lies as it faces tougher U.S. prosecutors

11:30 am U.S. ET | Feb. 8, 2016

No one has died from the emissions-cheating software Volkswagen has admitted it installed in some of its cars, yet U.S. prosecutors may treat it more harshly than two automakers whose defective vehicles killed people. Neither GM nor Toyota plead guilty in their cases, but VW may be forced to if charged with criminal conduct and also wants to settle.... Read More »

VW quality chief quits amid diesel scandal fallout

Feb. 8, 2016 17:32 CET

Volkswagen named company veteran Hans-Joachim Rothenpieler as head of group quality assurance, replacing Frank Tuch who held the job for six years and, according to sources, was suspended amid the automaker's emissions scandal.... Read More »

Automakers opt for less TV time during Super Bowl

10:39 am U.S. ET | Feb. 8, 2016

The Super Bowl was a little less sleek, sporty and horsepowered this year. The portion of advertising time devoted to promoting cars and trucks during the pro football championship game -- TV's most-watched event -- was at the lowest level since 2010.... Read More »

Cash for Nissan's preferred dealers

12:01 am U.S. ET | Feb. 8, 2016

In its drive to grab a larger slice of the U.S. market, Nissan North America is quietly forming alliances with selected dealers who get favorable treatment, and sometimes millions of dollars, from the company. Nissan says strengthening its retail networks is critical to its growth plans.... Read More »

Russian new-car sales continue steep decline in January

Feb. 8, 2016 15:45 CET

Russian new-car sales plunged 29 percent last month, extending a collapse from 2015 that is forcing the government to spend billions of rubles more to support the ailing auto industry.... Read More »

Detroit 3's share of rental fleet declined in 2015

9:00 am U.S. ET | Feb. 8, 2016

GM, Ford and Fiat Chrysler accounted for 60.1 percent -- their lowest collective share ever -- of the 1.78 million new cars and light trucks sold to rental fleets in 2015.... Read More »

Emissions lies haunt VW as automaker faces tougher U.S. Justice Department

Feb. 8, 2016 14:18 CET

VW's emissions-cheating software has not directly been responsible for any deaths, yet the U.S. Justice Department may treat it more harshly than General Motors and Toyota, two automakers whose vehicles have killed people.... Read More »

PSA will pay Iran partner $446 million compensation for quitting market, report says

Feb. 8, 2016 11:28 CET

PSA will pay its Iran partner $446 million in compensation for losses incurred after it quit the country due to sanctions, the Iranian company told a local news agency.... Read More »

TRUCK BATTLE BREWING

Countering Chevy's Silverado surge

12:01 am U.S. ET | Feb. 8, 2016

General Motors gained a chunk of share in the full-sized pickup segment last year. But it faces stiffer competition from Ford and Ram in 2016.... Read More »

Where Toyota, Lexus got their leaders

12:01 am U.S. ET | Feb. 8, 2016

While Scion served Toyota as a test bed for marketing and retail innovations, it was also an effective proving ground for executives. A truckful of current Toyota suits cut their teeth at the young brand, and movement between Scion and Lexus was fluid.... Read More »

Honda Ridgeline: Not your teenager's truck

12:01 am U.S. ET | Feb. 8, 2016

Honda hopes its marketing campaign for the Ridegline will grab buyers with a little more gray in their hair and green in their wallets than the prototypical Toyota Tacoma fan.... Read More »

Conti must ration parts for recall fixes

12:01 am U.S. ET | Feb. 8, 2016

Summary: Supplier Continental is recalling five million airbag control units that affectvehicles made by companies including Volkswagen, Mazda, Mercedes-Benz, Honda and Fiat Chrysler. But the German parts-maker says its action is nothing like the Takata airbag recall that has roiled the industry.... Read More »

Bentley at work on a sporty SUV

12:01 am U.S. ET | Feb. 8, 2016

Bentley is developing a sportier, coupelike version of the Bentayga, the ultraluxury brand's first SUV.... Read More »

Toyota Q3 earnings hit by N.A. incentives

12:01 am U.S. ET | Feb. 8, 2016

North America emerged as the only major growth market for Toyota in the latest quarter. Revenues and net rose, but rising incentives and foreign-exchange losses drove global operating income 5.3 percent lower during the period.... Read More »

N.A., Takata, currency sway Japanese earnings

12:01 am U.S. ET | Feb. 8, 2016

Better business in North America helped Subaru, Mazda and Mitsubishi in the October-December quarter. But spiraling costs for the recalls of Takata airbags tempered earnings, and foreign exchange rates were a double-edged sword.... Read More »

Used-car loophole for recalls tightens up

12:01 am U.S. ET | Feb. 8, 2016

While a proposed federal law to close the used-car loophole is dead for now, efforts to keep unrepaired recalled vehicles out of circulation are stirring. And with powerful players mobilizing on the issue in an era of high-volume, high-profile recalls, dealers and automakers may face pressure to revisit their policies.... Read More »

A boost in fleet helps Jan. sales stay afloat

12:01 am U.S. ET | Feb. 8, 2016

Strong fleet volume lifted overall sales of new light vehicles in the U.S. in January -- almost enough to overcome a shortened calendar and a winter storm.... Read More »

Toyota's Carter to speak at Retail Forum

12:01 am U.S. ET | Feb. 8, 2016

Bob Carter, senior vice president of automotive operations for Toyota Motor Sales U.S.A., will be a featured speaker at the Automotive News Retail Forum on March 31.... Read More »

LUXURY LAGS

Premium brands face challenges as incentives rise and trucks rule the day

12:01 am U.S. ET | Feb. 8, 2016

Luxury sales are slowing down, particularly on the car side. Can the luxury automakers keep a lid on their incentives and inventories?... Read More »

TIER 2 BLOCKBUSTER

For FCA, no one brand was big enough for 'Star Wars'

12:01 am U.S. ET | Feb. 8, 2016

December is not only prime time for blockbuster Hollywood releases; it's also a crucial month for auto sales promotions. That's why FCA, which partnered with Lucasfilm to co-promote Star Wars: The Force Awakens alongside five of its brands in a global effort, didn't have to think too hard about what direction to take with its campaign. The timing, said FCA marketing boss Olivier Francois, was perfect for Tier 2.... Read More »

EDITORIAL

Ditching quirky Scion is the right call for Toyota

12:01 am U.S. ET | Feb. 8, 2016

Toyota's decision to pull the plug on Scion should come as no surprise. It was at the very least a distraction to busy Toyota dealers and probably a drain on engineering and marketing resources.... Read More »

Suburban is the granddaddy of them all

12:01 am U.S. ET | Feb. 8, 2016

When Land Rover built the last Defender off-roader on Jan. 29 at its Solihull plant in the U.K., it ended a production run spanning 68 years. But the Defender, originally named Series 1, wasn't the longest-running vehicle on the road. Not even close.... Read More »

A rocky start, but, hey, at least it's fast

12:01 am U.S. ET | Feb. 8, 2016

The much drooled-over 2017 Ford GT revealed a few technical issues at its very public debut - the 24-hour Rolex endurance race in Daytona Beach last month.... Read More »

 
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