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Showing posts from May, 2019

The sudden rise of the subcompact crossover

In a U.S. market with an almost insatiable appetite for spacious crossovers and SUVs, there's plenty of room for their bite-size counterparts. from Section Page News - Automotive News http://bit.ly/2WIbRIE via IFTTT

Vendors get a hard look as dealer profits fall

Many dealers say that cutting vendor costs is a priority this year. The reviews follow a year in which the average U.S. light-vehicle dealership reported a loss on operations for the first time in at least a decade. from Section Page News - Automotive News http://bit.ly/2KgL92Z via IFTTT

Subaru's rapid growth spurs need for technicians

Subaru is working to double its force of technicians to 13,000 in the next four years to address a shortage spurred by growing sales. from Section Page News - Automotive News http://bit.ly/2WIbPR2 via IFTTT

FCA-Renault deal would test pledge to keep all plants open

A promise by Fiat Chrysler to deliver 5 billion euros ($5.6 billion) of savings in its merger with Renault without closing plants looks brave to some analysts, given the Italian automaker’s surplus capacity in Europe. from Section Page News - Automotive News http://bit.ly/2QE1nV1 via IFTTT

Auto stocks fall overseas as Trump threatens Mexico tariffs

Railing against a surge of illegal immigrants across the southern U.S. border, President Trump said he would hit all goods coming from Mexico with a 5 percent tariff, and would increase that each month until reaching 25 percent on Oct. 1, unless Mexico takes immediate action. from Section Page News - Automotive News http://bit.ly/2YXde3l via IFTTT

Automakers tremble in Asia as Trump threatens Mexico tariffs

Railing against a surge of illegal immigrants across the southern U.S. border, President Trump said he would hit all goods coming from Mexico with a 5 percent tariff, and would increase that each month until reaching 25 percent on Oct. 1, unless Mexico takes immediate action. from Section Page News - Automotive News http://bit.ly/2JPlLSK via IFTTT

White House moves to speed vote on North America trade deal

The Trump administration took a procedural action aimed at speeding up a vote in Congress on the new North American trade deal, but the move rankled House Speaker Nancy Pelosi, who has sought more time to review the pact. from Section Page News - Automotive News http://bit.ly/2Xn7DDm via IFTTT

Trump to slap tariffs on Mexico over migrant flows

The 5 percent tariff would take effect on June 10 “until such time as illegal migrants coming through Mexico, and into our country, STOP,” Trump said in a Twitter post late Thursday. from Section Page News - Automotive News http://bit.ly/2W6fCDn via IFTTT

Cadillac expands V-series performance lineup

GM executives broadly detailed the strategy changes when unveiling one of two V-series models of the new 2020 CT4 and 2020 CT5 sedans, which will go on sale in early 2020. from Section Page News - Automotive News http://bit.ly/30Yr3Ak via IFTTT

Trump to impose 5% tariff on Mexico over illegal immigration

The 5 percent tariff would take effect on June 10 “until such time as illegal migrants coming through Mexico, and into our country, STOP,” Trump said in a Twitter post on Thursday night. from Section Page News - Automotive News http://bit.ly/2YWLwUu via IFTTT

Cadillac unveils expanded V-series performance lineup

GM executives broadly detailed the strategy changes when unveiling one of two V-series models of the new 2020 CT4 and 2020 CT5 sedans, which will go on sale in early 2020. from Section Page News - Automotive News http://bit.ly/2EJVWz8 via IFTTT

Trump to trigger process to accelerate congressional vote on N.A. trade pact

The White House plans to trigger a process that would allow President Trump to submit his new trade deal with Canada and Mexico to Congress within 30 days, a challenge to House Speaker Nancy Pelosi who had warned against such a step. from Section Page News - Automotive News http://bit.ly/2XmC5NW via IFTTT

Manley sold $3.5 million in FCA shares a day after Renault offer

In his disclosure, Fiat Chrysler CEO Mike Manley declared selling 250,000 shares at an average price of $13.85 for a total value of $3.5 million. from Section Page News - Automotive News http://bit.ly/2Xp1zda via IFTTT

Jaguar Land Rover reveals temperature-changing steering wheel

JLR's prototype steering wheel would heat and cool to indicate turns, lane changes and upcoming intersections. from Section Page News - Automotive News http://bit.ly/2IdQHsC via IFTTT

Nissan's tech could provide leverage in Renault-FCA deal

Nissan's technology, particularly in electrification and emissions reduction, could give it some sway in the $35 billion potential tie-up between Renault and FCA , even as its stake in the newly formed company would be diluted. from Section Page News - Automotive News http://bit.ly/2QCMYsm via IFTTT

GM investing $24M to increase pickup production

The investment will include enhancements to the Fort Wayne plant's conveyors and other tooling to support the increased production. Work is expected to be completed this summer. from Section Page News - Automotive News http://bit.ly/30UmDKZ via IFTTT

Audi takes aim at Mercedes-Maybach with ultraluxury A8

Audi plans to launch a new derivative of its flagship A8 sedan that may become a rival to the Mercedes-Maybach S class. from Section Page News - Automotive News http://bit.ly/2Kf2auC via IFTTT

U.S.-EU talks struggle, threatening a new front in trade war

Ten months after President Trump and European Commission President Jean-Claude Juncker struck a truce meant to clear the way for negotiations to reduce tariffs and eliminate regulatory hurdles, those talks are showing few meaningful signs. from Section Page News - Automotive News http://bit.ly/2I8M5Um via IFTTT

Renault's Senard says jobs and Nissan will be safe in FCA deal

Renault Chairman Jean-Dominique Senard painted a picture in Tokyo of a grand alliance of Renault, Nissan and Fiat Chrysler making and selling cars across the globe, keeping people employed and churning out profits. from Section Page News - Automotive News http://bit.ly/2JNJ0wa via IFTTT

Lexus uses 2020 RX refresh to improve infotainment

The enhancements to the RX and RXL infotainment systems are likely to migrate to other vehicles in the brand's lineup, said Lisa Materazzo, vice president of Lexus marketing. from Section Page News - Automotive News http://bit.ly/2KcqTzG via IFTTT

FCA, Renault face tall odds delivering on cost-cutting promises in merger

FCA and Renault have raised the stakes for themselves by ruling out plant closures. That increases the pressure to achieve more than $5 billion in promised annual savings from pooling procurement and research investments. from Section Page News - Automotive News http://bit.ly/2wqwfPz via IFTTT

Musk wants regular internal meetings on Tesla deliveries

Tesla CEO Elon Musk wrote that, starting Thursday, he will hold calls with teams in America, Asia and Europe every two days to “understand what’s needed to accelerate” Tesla’s rate of deliveries. from Section Page News - Automotive News http://bit.ly/2Qw9nYh via IFTTT

VW employees to vote on whether to join UAW in Tenn.

The much anticipated UAW vote is set for June 12-14. VW has said it has taken a neutral position on whether the Tennessee workers should unionize. from Section Page News - Automotive News http://bit.ly/2Kd9tTe via IFTTT

Reagor ordered to pay Ford Credit what it's owed

Rick Dykes, one of the group's dealer principals, agreed to a consent judgment with Ford Credit of $58.7 million last month. from Section Page News - Automotive News http://bit.ly/2JNJ0MD via IFTTT

Ferrari SF90 Stradale sets new high mark for power

The 986-hp car is powered by a turbocharged gasoline engine that delivers 769 hp, the highest performance ever achieved by an eight-cylinder unit in Ferrari's history. The remaining 217 hp is supplied by three electric motors, one at the rear and two on the front axle. from Section Page News - Automotive News http://bit.ly/2QA50LQ via IFTTT