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Top 100 Suppliers
Top 100 Suppliers TOPSUPPLIERS.7.17.2013.qxp 6/10/2013 2:19 PM Page 1 It becomes clear © 2013 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC refers to the United States member firm, and may sometimes refer to the PwC network. Each member firm
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Public awareness helps fight fraud
To the Editor: Far too many times fraud takes place undetected for long periods. Then when it is discovered, minimal action is taken. My thanks to Automotive News for "How dealers can avoid thefts by employees" in the May 20 issue. And a special commendation to dealer Danny McKenna for sharing an
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Lincoln targets fastest-growing segments
As Lincoln tries to reinvent itself, Ford Motor Co.'s struggling luxury brand will target only the fastest-growing luxury segments in which it can competitively and profitably field entries, the company said. There are "high-volume segments that are growing fast" that "we're not playing in today,"
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Jaguar goes with edgy ads to tout new F-Type
Rather than its traditional touting of genteel luxury and British roots, Jaguar is taking a walk on the wild side with the marketing of the new F-Type convertible. For the predominantly digital and TV campaign that began last month, Jaguar is partnering with celebrities and publications that it ...
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GM poised to leap out of 'lease hole'
DETROIT -- General Motors has a secret weapon in its bid to gain U.S. market share this year. Just consider the lease portfolio at Paddock Chevrolet in Kenmore, N.Y. Owner Duane Paddock says he's finally beginning to see customers trickling in with expiring 36-month leases, after having barely any
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'14 GM pickups get strong projected resale values
DETROIT -- The redesigned 2014 Chevrolet Silverado and GMC Sierra now arriving in showrooms sport sharply stronger resale values than the models they replace. ALG, a research company that monitors and projects vehicle values, assigned a forecasted residual value of 55 percent after 36 months for ...
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Lieblein leads GM's bid to cut costs while rolling out new products
DETROIT (Bloomberg) -- How can an auto company save money while introducing 18 new or refreshed vehicles in 12 months? General Motors must answer that question if the company is to achieve CEO Dan Akerson's goal of increasing profits and widening profit margins this year and next. And the executive
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Automakers spread more glue to eliminate weight, rattles
FRANKFURT -- Carmakers including Audi and Mercedes-Benz are turning to high-tech adhesives as they seek ways to make vehicles lighter and tougher. Automakers are using more aluminum and exotic composites, which cannot be welded together but have to be glued with adhesives that will not lose their
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Soon, waving a finger will switch radio stations
Gesture control, the use of hand gestures to control a vehicle's infotainment system, is gaining momentum. Suppliers are developing technologies that allow motorists and passengers to adjust a vehicle's audio, climate control or navigation system through motion sensors. The technology works like ...
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Global footprint, tech prowess buoy European suppliers
Europe is in a deep slump, but many suppliers in the region are adding business because of their global footprints. The key for Europe's parts makers is technology, says Jean-Marc Gales, CEO of CLEPA, a European supplier trade association. Gales, who was PSA Peugeot Citroen's head of brands before
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VW, BMW expected to come out of Europe's crisis best
PARIS -- The biggest and strongest automakers, or those whose vehicles have high average selling prices, will best emerge from the European economic crisis, Morgan Stanley analyst Stuart Pearson said. Investors have picked Volkswagen Group and BMW as the winners in a European automotive market that
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Audi puts $2,000 premium on 3 new diesels
Audi plans to charge a premium of more than $2,000 for its three new TDI models, testing luxury buyers' willingness to pay for the fuel economy of a diesel. The company announced last week that the A6 TDI sedan will start at $58,395; the A7 TDI four-door coupe will start at $67,795; and the Q5 TDI
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Europe in the spotlight
Industry leaders gathered in Paris last week for the 16th annual Automotive News Europe Congress and third annual Rising Stars program. PHOTOS BY SILVIA STEINBACH Ian Robertson, sales and marketing board member for BMW, talks about the importance of investing across a wide range of technologies in
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Jury's out on hands-free
As Apple squares off with Microsoft to determine which will become the dominant operating system for in-vehicle infotainment programs, there is another factor to consider. A study backed by AAA and conducted by the University of Utah found that some hands-free functions can be nearly as distracting
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GM goes dark on output stats, causes stir
DETROIT -- General Motors' decision to stop publicly disclosing monthly production numbers has touched off concern among industry analysts and economists, as well as suppliers that rely on the data for their production plans. For decades, GM and nearly all other major automakers have reported the
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States seek to fill gas tax gap with EV-hybrid tax
State lawmakers seeking a new revenue stream to pay for the upkeep of roads are looking for owners of vehicles that use little or no gasoline to pay a little more. The theory is that much of the money to maintain and fix roads comes from taxes at the pump. And if certain vehicle owners have found a
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Lutz admires entrepreneurs, couldn't be one
Bob Lutz says nice things about Rick Wagoner in his new book, Icons and Idiots, but faults his former boss at General Motors for coddling "useless" executives. Lutz didn't name names, but in an interview described them as "totally buttoned up, totally predictable, everything is always there on ...
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BMW confident its EV will be a hit
PARIS -- Strong consumer interest in BMW AG's upcoming i3 electric compact car makes the company confident that its first EV will be a game-changer in the segment, sales boss Ian Robertson said. BMW has about 100,000 reservations from around the world from people who want to test the i3, Robertson
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GM expands SUV recall to 480,000 vehicles for fire risk
DETROIT (Reuters) -- General Motors Co. is recalling about 231,000 additional SUVs that might be in danger of an electrical short that could cause a fire. The move is an expansion of a recall from last August to check 249,000 SUVs for a short in a circuit board in the driver's door that could lead
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Spain's CIE and India's Mahindra agree deal to create major supplier
MUMBAI (Reuters) -- Spain's CIE Automotive will buy a majority stake in the combined auto component unit of India's diversified Mahindra Group for about $116 million to gain access to new markets and supply networks. The deal will create a new company called Mahindra CIE Automotive that will become
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Apple's bid to crack the center stack
Last week Apple executive Eddy Cue said 12 car brands will let motorists link iPhones to center consoles to make calls, send text messages, use maps and issue voice commands. So Apple is poised to invade the cockpit and take over the center stack, right? Well, no. Automakers certainly lust after 49
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Toyota's U.S. aces now run the Americas
NAGOYA, Japan -- North America and South America are radically different markets. But Toyota Motor Corp. has installed two familiar names from the United States to lead them. Enter Jim Lentz, the new CEO for Toyota North America, and Steve St. Angelo, the CEO for Latin America and the Caribbean. ...
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Like race for MVP, call centers pit old school, modernists
When we asked readers last month whether the business development center is obsolete, you'd have thought we had asked something as monumental as who should be Major League Baseball's 2012 MVP: Miguel Cabrera of the Detroit Tigers or Mike Trout of the Los Angeles Angels? The traditionalists argued
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Bravo to Chrysler's quality chief
To the Editor: The QandA with Chrysler's Doug Betts was interesting ("Chrysler quality chief: 'We're still working,''' May 27), but what caught my attention was his citing a "roughly 60 percent improvement in warranty rates." Warranty rates are the real indication of quality, and they are kept ...
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NAMAD, Jesse Jackson: GM needs more minority dealers
DETROIT -- General Motors has too few minority-owned dealerships -- especially those owned by blacks -- civil rights leader Jesse Jackson said during GM's annual shareholders' meeting here this month. GM CEO Dan Akerson said GM has 198 minority-owned dealerships, but called that "inadequate." "We