Showing results 1 - 25 of 21022
Two-car households will decline, KPMG report predicts
Two-car households may be on the decline as urbanization increases, but they are far from disappearing, a KPMG report said this week. Fifty-seven percent of U.S. households have two cars or more, the accounting and consulting firm said. But, as people flock to cities, that number may go down to 43
Chrysler says it will speed up recall repairs for Jeep SUVs
DETROIT (Reuters) -- Chrysler Group LLC said on Friday it was not satisfied with the speed of repairs of recalled Jeep SUVs that face a heightened fire risk and will enhance dealer communication and owner contact to accelerate the process. Responding after U.S. safety regulators said on Thursday ...
Mercedes-Benz's first refusal right upheld
Mercedes-Benz USA has beaten all claims but one in a lawsuit challenging its use of the right of first refusal to block a dealership buy/sell deal in Fresno, Calif. The 9th U.S. Circuit Court of Appeals rejected the would-be buyers' claim that Mercedes tortuously interfered with their contract to
Ford's Farley sees Europe as a lab for learning
LOS ANGELES -- When Jim Farley started his first tour of duty in Europe in 1997, he had a lot to learn. Toyota had put Farley in charge of advance product planning for the region, but he didn't have a clue about Europe's dominant subcompact car segment. "When I landed in Brussels, the company was
Automakers can stop supplier price-fixing now, but will they?
The U.S. Department of Justice has issued $2.4 billion in fines from 31 auto parts suppliers and charged 46 individuals -- nearly all of them Japanese -- in the largest antitrust prosecution in U.S. history. That's just in the United States. The practice is a global epidemic that stifles fair ...
Toyota to recall 422,000 Lexus vehicles in U.S. due to fuel leak
DETROIT (Reuters) -- Toyota Motor Corp. will recall 422,509 of its luxury brand Lexus vehicles in the United States because of a possible fuel leak that increases the risk of fire, U.S. regulators said today. The recall covers Lexus LS from model years 2007 to 2010, Lexus GS from 2006 to 2011 and
Fatigue-expert NHTSA nominee could mean more infotainment scrutiny
The nominee to lead the National Highway Traffic Safety Administration is an expert in fatigue and pilot alertness, which signals the auto industry's drive to bring more Internet services and infotainment into cars should get intense scrutiny. More immediately, Mark Rosekind , nominated by ...
Volkswagen raises the stakes in China
Volkswagen's investment plans for the next five years tell one story very clearly andndash; the company is becoming ever more dependent on growth in China in its bid to overtake Toyota as the world's number one carmaker. For the first time in years, the planned increase in investment by VW's two ...
Opel names new engineering chief
FRANKFURT -- Opel named Charlie Klein as its new engineering chief, promoting the executive from his current post as the brand's chief engineer for light commercial vehicles. Klein, 54, succeeds Michael Ableson, who is moving to the U.S. to head global product planning and program management at ...
Ford says aluminum-bodied F-150's fuel economy rises up to 29%
DETROIT -- Ford Motor Co. said its aluminum-bodied F-150 pickup will get as much as 29 percent better fuel economy than its mostly steel predecessor as the automaker gambles with a new design for its top-selling and most profitable model. When equipped with a 2.7-liter EcoBoost engine, the truck ...
Honda Admits Airbag Reporting Failure (11/21/14)
Company says it didn't properly notify feds, faces fine; GM's new quality, purchasing chiefs; VW sits out Super Bowl; BMW i3 is all green.
Takata exec warns about ability to fix deadly airbag flaw
WASHINGTON/DETROIT (Reuters) -- An executive from Japan's Takata Corp. told U.S. senators on Thursday the supplier is urgently trying to ramp up replacement parts for millions of vehicles fitted with potentially deadly airbags, but said it may not be able to move quickly enough. The U.S. auto ...
Fuel cell vehicles: The only cars with potable exhaust?
TOKYO -- Toyota Motor Corp. pitches its new Mirai hydrogen fuel cell car as a godsend for the planet. Heat and water are its only byproducts, not climate-altering carbon dioxide. But just how clean is that exhaust water vapor? After all, there is artesian spring, pristine mountain stream water. ...
Ford F-150 mpg for 2015 is a mixed bag
In September, we crunched the numbers in an attempt to predict the fuel economy ratings for the aluminum-bodied 2015 Ford F-150 pickup. Turns out, we were pretty darn close. Today, Ford finally released those long-awaited official EPA numbers for its lightweight aluminum truck. Some of the gains
North America production downtime overtime - 11/24/14
North America production downtime overtime - 11/24/14
7.73 7.68 7.75
Week ending Aug. 16
Toledo (Ohio) North truck
Toledo (Ohio) Supplier Park truck
Ford Motor Co.
Kansas City (Mo.) Truck truck
Kentucky Truck (Louisville) truck
Hertz hires airline veteran Tague to revive company
(Bloomberg) -- Hertz Global Holdings Inc. named John Tague as its new CEO, appointing the manager credited with boosting sales at United Airlines to restore investors' confidence in the car-rental company plagued by an aging fleet and sloppy accounting. Tague, 52, who was formerly president and COO
Luxury brands go the way of free-trade coffee
LOS ANGELES -- Luxury automobiles typically offer customers a combination of high performance, advanced technology and plush comfort. But a new crop of upscale cars may offer wealthy car buyers something else: a clearer conscience. That trend was on display at the Los Angeles Auto Show, where Volvo
Ford stamping plant operations suspended after Buffalo snowstorms
After lake-effect snowstorms this week pounded Buffalo, N.Y., Ford's Buffalo Stamping Plant has suspended operations until employees are able to travel to work. "Due to the weather-related travel ban in Buffalo, Ford's Buffalo Stamping Plant has currently suspended operations. Along with the rest
Retired Ford exec Mascarenas joins ON Semiconductor's board
Retired Ford Motor Co. chief technical officer Paul Mascarenas has joined ON Semiconductor Corp.'s board of directors. Mascarenas, 53, also joined the semiconductor supplier's science and technology committee, the company said Thursday. He is an "outstanding addition" to the board, bringing ...
Wilbur Ross steps down as chairman of IAC to take bank board spot
DETROIT -- Wilbur Ross, the billionaire turnaround artist who launched International Components Group in 2006, today said he is stepping down as IAC's board chairman to take a senior position at the Bank of Cyprus. Ross, who will be the bank's new vice chairman, resigned from IAC's board because ...
Japan's fugitive execs have called DOJ's bluff
TOKYO -- Are the fugitive Japanese businessmen indicted for alleged price fixing calling the U.S. government's bluff? As many as 20 executives from Japanese suppliers are on the lam in Japan, evading U.S. indictments for bid rigging. Some have left their companies. Others are still gainfully ...
VW will invest 86 billion euros chasing Toyota for global car sales lead
FRANKFURT (Bloomberg) -- Volkswagen Group will keep pouring money into new vehicles, technology and factories as it chases Toyota for the lead as world's largest automaker. VW plans to invest 85.6 billion euros ($106 billion) over the next five years, the company said Friday. The plan calls for an
NHTSA tells Marchionne to speed up Jeep recall fix
WASHINGTON (Reuters) -- Chrysler Group CEO Sergio Marchionne was sent a stern letter today from U.S. regulators to speed up repairs of recalled Jeep SUVs that face a heightened fire risk, a government executive said. David Friedman, deputy director of the National Highway Traffic Safety ...
Nissan Juke gets a little Jukier, adds features
NASHVILLE -- Nissan Motor Corp., surprised that one of its most polarizing cars has become one of its most successful, is turning up the Juke-iness of its Juke subcompact for 2015. The substantial freshening, unwrapped Thursday at the Los Angeles Auto Show, gives the Juke a bigger front, with a ...
Acura retools ILX with more power, 8-speed dual-clutch gearbox
Acura is taking another shot at the small premium sedan segment by retooling the entry-level ILX. The Honda Civic-based compact has been re-engineered with a more powerful engine and an eight-speed dual-clutch transmission. The 2016 ILX, due to arrive at dealerships early next year, debuted today