Showing results 1 - 25 of 26070
BMW begins tests of fuel-cell car developed with Toyota
MIRAMAS, France (Bloomberg) -- BMW will test a vehicle powered by hydrogen fuel cells -- developed with Toyota -- for the first time on public roads this month as the German automaker looks to expand clean-car offerings after rolling out the battery-powered i3 in 2013. The company plans "a ...
VW worker killed by robot in Germany
FRANKFURT -- Volkswagen Group said a contractor was crushed to death by a robot at its German components factory in Kassel, north of Frankfurt. The 21-year-old worker was part of a two-man team setting up the robot on Monday when it grabbed him and crushed him against a metal plate, a company ...
It's Fiat Chrysler vs. NHTSA in public showdown
WASHINGTON -- Fiat Chrysler Automobiles will face off with the National Highway Traffic Safety Administration today in a rare public hearing to determine whether the automaker violated U.S. safety laws with its handling of 23 recalls affecting more than 11 million vehicles. The hearing marks a new
Tesla vehicle sales rise 52% in Q2
(Bloomberg) -- Tesla Motors Inc. beat its car-sales forecast for the second consecutive quarter with a 52 percent surge in the three months through June. Tesla delivered 11,507 Model S sedans in the period, the Palo Alto, Calif.-based manufacturer said Thursday in a statement of preliminary figures
German car sales rose 13% in June, helped by extra sales days
BERLIN (Reuters) -- New-car registrations in Germany jumped 13 percent in June, helped by two extra sales days and a growing economy. The surge in June registrations mirrors strong gains in France, Italy and Spain, suggesting the region is maintaining its steady recovery despite worries about a ...
Citroen CEO sees positive changes for women in auto industry
One year into her role as Citroen CEO Linda Jackson says she hasn't encountered any prejudice as a woman working a man's world. In fact, she says it's an advantage. "Being a women you can ask questions that men don't ask because they're supposed to know all these things," she told me during a ...
Jaguar Land Rover signs deal with Magna Steyr to build cars in Austria
LONDON (Reuters) -- Jaguar Land Rover has signed a contract to build some vehicles at Magna Steyr's plant in Austria, the UK automaker said today. Magna Steyr will produce an unspecified number of JLR models in its Graz factory, which also makes Mercedes-Benz and Mini vehicles, because the ...
Greek exit from euro could bring stability, German auto lobby group says
FRANKFURT -- Germany's auto industry lobby group believes a Greek exit from the eurozone may be necessary despite the setback this may bring for Europe's fragile recovery in new-car sales. Automakers are monitoring the potential effects on capital markets and exchange rates if Greece leaves the ...
GM fund leaves out scores hurt or killed in cars with switch flaw
DETROIT (Bloomberg) -- Ben Pillars always wondered why his wife crashed her Pontiac Grand Am in 2005, sending her into a coma from which she never recovered. Then last year, General Motors recalled the car for a faulty ignition switch and Pillars thought he had his answer. But when he submitted a
FCA tops Ford in retail sales for first time, reports say
DETROIT (Bloomberg) -- Fiat Chrysler Automobiles' retail sales in the U.S. topped Ford Motor Co.'s in June, the first month that's happened, CNBC and Bloomberg reported today. Fiat Chrysler, which ranks fourth in the U.S. market in total sales, topped No. 2 Ford by 278 retail deliveries, two people
Despite convenience, electronic registration is tough sell in many states
In 28 states, car buyers can drive off dealers' lots with their license plates mounted and registration forms in hand. All thanks to electronic registration, in which signed forms are submitted to states online without a time-consuming visit to a state motor vehicles office. But even with the ...
BMW slips past Mercedes with record June for U.S. luxury lead
DETROIT (Bloomberg) -- BMW took the lead over Mercedes-Benz in U.S. luxury-auto sales at the halfway point this year with its best-ever June. Monthly deliveries for the BMW brand climbed 6.5 percent from a year earlier to 32,176 cars and SUVs. Mercedes posted a 5.8 percent gain to 28,044, also a ...
GM Korea workers approve strike over pay, output
SEOUL (Reuters) -- General Motors employees in South Korea voted today in favor of a strike over wages and production volumes, prompted by uncertainty over the U.S. automaker's output plans as its labor costs in the country rise. South Korea's National Labor Relations Commission is expected to meet
After 18 months, CFPB readies to reimburse Ally customers
In early 2014, Ally Financial Inc., as part of a settlement over alleged discrimination in auto lending, submitted a list of potentially affected customers to the Consumer Financial Protection Bureau -- along with $80 million to be reimbursed to those customers. Now, roughly a year and a half ...
Ford expects second-half rally for F series as inventory builds
DETROIT -- Ford Motor Co. posted a 1.5 percent increase in U.S. light-vehicle sales last month, even as F-series deliveries declined to the lowest level since January. Fleet accounted for 35 percent of Ford's sales in June, the highest proportion in two years, even though Ford is diverting nearly
Strong truck volume helps Toyota offset weak car demand
Boosted by strong light-truck volume, Toyota Motor Sales U.S.A. rebounded from a dip in May sales to post a 4.1 percent gain in June. Echoing a trend seen across the industry for the entire year, Toyota Motor is riding a wave of robust pickup, SUV, minivan and crossover sales, which were up 18 ...
GM tally dented by pullback in fleet business
DETROIT -- A steep drop in sales to rental companies in June magnified General Motors' weak car sales, which sank 15 percent through the first half of the year. Red-hot demand for full-size pickups wasn't enough to give GM a sales gain for June, as overall deliveries slipped 3 percent. GM said ...
French car sales rise 15% in June on extra working days
PARIS (Reuters) -- French new-car sales jumped 15 percent in June as two extra working days helped to lift registrations. Sales advanced to 225,645 last month after their biggest monthly gain in four years, with Volkswagen Group and PSA/Peugeot-Citroen keeping pace with or beating the broader ...
U.S. light-vehicle sales by nameplate, June and YTD
U.S. light-vehicle sales by nameplate, June and YTD Sheet1
U.S. Light-Vehicle Sales, JUNE & YTD
June 6 mos.
June June percent 6 mos. 6 mos. percent
2015.0 2014.0 change 2015.0 2014.0 change
ASTON MARTIN car (I)* 85 83 2.4% 510 498 2.4%
Michigan Chevy store wins dispute with customer over $10,000 down payment
A suburban Detroit Chevrolet dealership is entitled to the $10,000 down payment it failed to collect from a customer on a vehicle sale, but it can't recoup attorney fees from him, the Michigan Court of Appeals has ruled. The three-judge panel upheld a lower court award in favor of Jay Chevrolet ...
Trucks drive sales up 3.9%; SAAR hits 17.16 million
U.S. light-vehicle sales, fueled by strong truck volume at Nissan, Fiat Chrysler, Honda and Toyota, rose 3.9 percent last month as the industry continued to climb toward one of its biggest sales years ever. The seasonally adjusted sales rate came in at 17.16 million, slightly below forecasts, and
Automotive News SAAR - 2015
Automotive News SAAR - 2015 Sheet1
2015 Light-Vehicle SAAR
SAAR Domestic Import Domestic Import LIGHT- Domestic Import LT. VEH.
2015 car car CAR truck truck TRUCK Lt. vehicle Lt.
Look out! Still water ahead
June was another good sales month. We've had a good first half, and a great six-year run-up. But expect to start seeing some separation among competitors. As sales growth slows, margins thin a bit and rivals eye each other's customers, we'll find out which businesses are fundamentally stronger. ...
Toyota's top female executive, Hamp, steps down after arrest in Japan
TOKYO (Reuters) -- Toyota Motor Corp. today said Julie Hamp, its first female managing officer, had resigned following her arrest last month on suspicion of illegally importing the painkiller oxycodone into Japan. Hamp, who in April became the automaker's chief communications officer, notified ...
Honda, Toyota, Nissan captives face charges of discrimination, report says
The captive finance arms of Honda, Toyota and Nissan may have to limit how much they allow dealers to increase the cost of auto loans after regulators accused the lenders of unintentional discrimination against minority consumers. The Consumer Financial Protection Bureau plans to cite American ...