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The National Highway Traffic Safety Administration said today that it is upgrading the scope of an investigation into the safety of Jeep Grand Cherokees and is adding Jeep models to include a total of more than 5 million vehicles.
Honda is limiting exports to the U.S. of some Japan-made cars because it's losing money on them, Honda Chief Financial Officer Fumihiko Ike told Automotive News. The trade journal said this is the first admission by a Japanese car company that it's losing money on exports to the U.S. The issue is the dollar's weakness vs. the yen, which cuts the value of a U.S. sale.
Lexus is pinning its hopes for a U.S. sales rebound on the redesigned ES 350, its best-selling car and a sportier design direction for the brand that is aimed at younger buyers. The ES series, first introduced in 1989, helped propel Toyota's luxury brand to the No. 1 spot in the U.S. for 11 years.
A Chinese-Japanese investment group agreed to buy Saab Automobile and convert the bankrupt Swedish manufacturer into a maker of electric cars.
A rare supercharged Shelby Series 1, a 1965 Morris Mini Cooper, a 1938 Indian Sport Scout motorcycle and a 1953 Studebaker Commander Regal Starliner Hardtop were among the cars on display at the media preview for the EyesOn Design car show Tuesday.
The firm, which went bankrupt in May, is a subsidiary of Ally Financial, the former auto lending arm of General Motors.
GM's new board of directors overruled Fritz Henderson in 2009, but selling Opel might have been a very smart move.
The UAW and community leaders in Canton, Miss., are preparing an organizing campaign at a Nissan assembly plant where workers are starting production of the redesigned 2013 Altima -- the company's best-selling car in the U.S. This is the first organizing attempt at a non-Detroit Three assembly plant that the UAW has acknowledged since Bob King became president of the union in 2010.
As a safety demonstration, it was a heart-stopper: A Ford Taurus was seconds away from cruising through an intersection when suddenly a row of red lights pulsed on the lower windshield and a warning blared that another car was approaching fast on the cross street.
German automakers are balking at coming to the aid of embattled peers in the region. Volkswagen, Daimler and BMW are resisting calls by Fiat CEO Sergio Marchionne to push for European Union support to reduce overcapacity in the region. A meeting Wednesday between auto executives and the EU in Brussels did not advance efforts to shut unprofitable factories.
At an equivalent of 118 m.p.g., the electric Honda Fit is the most fuel-efficient vehicle in the U.S. But getting that mileage isn't cheap. Honda announced the eye-popping figure Wednesday, making the small, four-door hatchback more efficient than electric rivals like the Ford Focus, Nissan Leaf and Mitsubishi i-MiEV. It goes on the market this summer in Oregon and California.
Consumers aren't very interested in using social media like Facebook and Twitter through vehicle systems, according to previously unpublished research discussed Wednesday at a conference in Novi.
New purchasing leader assures parts makers he's not looking to shake things up. Scott Kunselman succeeds his friend and colleague Dan Knott who died of cancer in April.
Connected-vehicle analyst Thilo Koslowski told a crowd of telematics leaders drivers prefer more practical in-vehicle apps.
Growing luxury sales in China will be a priority for Johan de Nysschen, the longtime Audi executive who resigned to become head of Nissan's luxury Infiniti division. De Nysschen resigned from Audi on Friday after 19 years, and the reason became clear Monday with confirmation the executive has been named a senior vice president of Nissan in charge of Infiniti effective July 1.
Johan de Nysschen, Audi's highest ranking U.S. executive, is leaving to head Nissan's Infiniti division.
Volkswagen will step up its presence in the crossover-SUV market in a big way as the automaker elbows its way into the mainstream of the U.S. car market. VW is in the early stages of an ambitious plan to boost its American car sales from 324,400 last year to 800,000 by 2018.
Nissan could be primed for unprecedented success as it launches five vehicles that account for 70% of its U.S. sales over the next 15 months. Nissan hopes to ride the wave of fuel-efficient new cars and crossovers to a record 10% of the U.S. market by 2015 or 2016. Nissan's share was 7.4% last year, according to WardsAuto.com
U.S. light-vehicle sales totals, individual automaker results and market share for May compared with May 2011.
How light vehicles assembled in Michigan sold last month, compared with the same month a year ago.
General Motors' decision to close an assembly line at its Oshawa Assembly Plant spotlights the pressure the Canadian Auto Workers faces as the value of the U.S. dollar has declined and the UAW has accepted concessions that have led to lower labor costs in the U.S.
Mazda said tonight that it plans to supply racing versions of its new SKYACTIV-D clean diesel engines to teams competing in the Grand-Am racing series starting with the 2013 season.
Corporate sponsorships and ticket sales for the Chevrolet Detroit Belle Isle Grand Prix have increased substantially since 2008, the last time the race was held. "We are on our feet again. Detroit is back in business again," said Bud Denker, chairman of the event. "This race went away in 2009 ... when people were cutting jobs ... now they are adding jobs."
Fortune Magazine’s Senior Editor-at-Large Geoff Colvin talks with General Motors CEO Dan Akerson.
So far nearly 20,000 people have applied for the 877 new jobs that Hyundai is filling for a third shift at its Alabama assembly plant, and applications are still coming. "It just continues to grow," said Scott Gordy of Hyundai Motor Manufacturing Alabama's human resources department.
General Motors and Ford say they've learned from the recent past that they'd rather be consistently profitable than extra popular by boosting sales through costly incentives and special financing deals. Today, more Americans are buying cars than the auto industry expected and some companies, including Volkswagen, Nissan and Toyota, have pledged to win more of the market.
Toyota's Prius, a niche oddity when it went on sale 15 years ago, jumped to the world's third-best-selling car line in the first quarter as U.S. demand and incentives in Japan turned the hybrid into a mainstream hit.
Ford is expecting to report strong May sales on Friday and total industry sales could be in the mid-to-high 14 million range, Ford sales analyst Erich Merkle told reporters today.
Volkswagen needs a midsize utility vehicle for the U.S. market and the automaker’s new assembly plant in Chattanooga, Tenn. could be the perfect place to build it, the automaker’s top U.S. executive said during a visit to Detroit today.
Fortune magazine Senior Editor at Large Alex Taylor III warns that the Detroit 3 automakers face red flags despite the steady rebound in new vehicle sales.
When automakers report May sales Friday, Toyota is expected to recapture more of the sales it lost last year. As Toyota regains ground, it could even top Ford in May for second-place in U.S. sales, behind General Motors. After being crippled last year by an earthquake and tsunami in Japan, Toyota is roaring back with new models, a healthy level of inventory and aggressive sales campaigns.
UAW leaders and workers gathered Friday at Ford's Rouge complex in Dearborn to commemorate the Battle of the Overpass, one of the most pivotal moments in labor history. Remembering the brutal struggle that the union went through in its early years is important as the UAW fights to rebuild from recent membership losses, UAW Local 600 President Bernie Ricke said.
Toyota is looking to emerging markets for growth, targeting 50% of its global vehicle sales in such countries by 2015, and rolling out eight compact models over the next few years. But Toyota Executive Vice President Yukitoshi Funo said Friday the company won't even try to compete in supercheap models that are plentiful in developing nations.
Remembering the brutal struggle that the union went through in its early years is important as the UAW fights to rebuild from its recent membership losses, UAW President Bernie Ricke said. On May 26, 1937, Walter Reuther and other labor leaders went to the overpass at the Ford Rouge complex in Dearborn that connected the front entrance to Miller Road as they were trying to unionize the company. What ensued was a savage beating that turned public opinion in the UAW's favor.
Fiat is likely to increase its stake in Chrysler to 61.8% in July and is eager to explore a broader alliance with Mazda, Chrysler and Fiat CEO Sergio Marchionne told reporters at a plant in Illinois on Thursday.
A federal judge has ruled that auto dealers must tell consumers with lower credit scores why they are charged higher interest rates than those charged to the majority of car buyers.
S&P; lowered its issue rating on Ford’s $9.3 billion revolving credit facilities to 'BB+' from 'BBB'. The facilities consist of about $300 million due November 2013 and $9 billion due November 2015.
Alicia Boler-Davis, who became vice president of U.S. customer experience in February, will take on the role of vice president of global quality from Terry Woychowski, who is retiring after 32 years with the company.
Automakers are pushing factories and workers to the limit to try to meet burgeoning demand for new vehicles. Some plants are adding third work shifts. Others are piling on worker overtime and six-day weeks. And Ford and Chrysler are cutting or shortening the annual two-week July shutdown at several plants this summer to add thousands of vehicles to their output.
Fiat Mazda said today they have agreed to form an alliance to codevelop the next generation of the MX-5 roadster, also known as the Miata, at Mazda’s plant in Hiroshima, Japan, starting in 2015.
Rising consumer confidence and pent-up demand should continue to drive new vehicle sales higher for the remainder of the year, according to an analyst from Edmunds.com. Sales of new cars and trucks in the U.S. should exceed 14.4 million this year, a 12.5% increase over 2011, Lacey Plache, chief economist for the automotive website, said Tuesday.
As soon as General Motors said this week that it would quit paid ads on Facebook, Ford was on Twitter saying it has doubled-down on social and digital media -- and hinted in a tweet that GM just didn't know how to use new social media.
Through the first four months of the year, Chrysler's sales have surged, tripling the industry average. The company has gained market share; Ford and General Motors have lost. Can Chrysler keep it up? The Free Press asked Reid Bigland, head of U.S. sales, that and other questions. The interview was edited for clarity and brevity.
Chrysler is recalling nearly 87,000 Jeep Wranglers in the U.S., Canada and elsewhere due to a risk of fires.
Volkswagen may have drastically cut prices on key products but chief designer Jae Min said there were no compromises in the interiors and in fact, average transaction prices have gone up. When the 2011 VW Jetta went on sale two years ago, the starting price dropped about $2,000 and the 2012 Passat was about $7,000 less than the previous model.
Ferrari will turn to fuel-saving hybrid technology to create its most powerful and expensive model, showing that even elite performance cars are under pressure to get greener. The Italian automaker's first hybrid, dubbed the F70 in the trade press and blogs, will probably surpass the 660,000-euro ($850,000) price of the limited-edition Enzo, said a person familiar with the plan.
GM plans to start selling a limited production version of a full-size sedan with a V8 engine called the Chevrolet SS, which will reach dealerships in late 2013. The vehicle, drawing inspiration from Super Sport vehicles of GM’s past, will double as Chevrolet’s next NASCAR Sprint Cup stock car.
Ford has started taking orders for the all-new C-Max hybrid that will start at $25,995.
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