Monday, April 30, 2018

Pentagon challenges Uber, Waymo in race over self-driving vehicles

Pentagon challenges Uber, Waymo in race over self-driving vehicles https://ift.tt/2r9HtVJ Uber and Waymo: the next big name in self-driving vehicles could be the Pentagon. The stakes are high -- 52 percent of combat casualties can been attributed to logistics.

JM Family Enterprises names Burns as CEO

JM Family Enterprises names Burns as CEO https://ift.tt/2JAp1gr Family Enterprises has named Brent Burns as its new CEO, effective July 1, with current CEO Colin Brown to remain chairman of the diversified concern.

Google takes aim at engineer left untouched by suit against Uber

Google takes aim at engineer left untouched by suit against Uber https://ift.tt/2rabsh4 settlement of Waymo's trade-secrets lawsuit in February left a key piece unresolved: the role played in the alleged theft by engineer Anthony Levandowski.

GM going dark on monthly sales won't stop reporting shenanigans

GM going dark on monthly sales won't stop reporting shenanigans https://ift.tt/2w0zpvV few years ago, BMW and Nissan were in heated races with their rivals, looking for buyers anywhere they could find. They found them alright -- in dealers' corner offices.

Saturday, April 28, 2018

DS 7 net pricing on par with Audi Q3, CEO Bonnefont says

DS 7 net pricing on par with Audi Q3, CEO Bonnefont says https://ift.tt/2r6OV3X DS 7 Crossback, the first SUV of the PSA's near-luxury brand already, has hit its pricing target in Europe, said Yves Bonnefont, DS Automobiles CEO.

Friday, April 27, 2018

U.S. likely to back freezing fuel economy standards from 2020 through 2026, report says

U.S. likely to back freezing fuel economy standards from 2020 through 2026, report says https://ift.tt/2FnE7mU Trump administration is likely to propose freezing fuel economy standards from 2020 through 2026, according to three people briefed on the matter told Reuters.

Subaru opens new U.S. headquarters

Subaru opens new U.S. headquarters https://ift.tt/2I4mU4N of America employees have begun moving into a new United States headquarters, with the majority of them set to start there on May 7.

Renault's push to grow outside Europe is off to a mixed start

Renault's push to grow outside Europe is off to a mixed start https://ift.tt/2KjdjYT Ghosn is betting that Renault's sales outside of Europe will drive revenues over the next six years.

Honda sees lower annual profit as firm yen offsets higher sales

Honda sees lower annual profit as firm yen offsets higher sales https://ift.tt/2HxQfbb forecast a 16 percent drop in operating profit for the current financial year, as it expects a firmer yen to offset cost reductions and a slight rise in global sales of cars and scooters.

Volvo Q1 profit rises nearly 4% on China, U.S. demand

Volvo Q1 profit rises nearly 4% on China, U.S. demand https://ift.tt/2r9cEk3 reported a rise in quarterly operating earnings as growing sales in China and a recovery in the United States offset increased development and marketing costs.

Volvo Q1 profit rises nearly 4% on China, U.S. demand

Volvo Q1 profit rises nearly 4% on China, U.S. demand https://ift.tt/2HxIJsw reported a 3.6 percent rise in quarterly operating earnings as growing sales in China and a recovery in the U.S. market offset increased development and marketing costs.

Valeo sales growth slows on U.S., China auto production dip

Valeo sales growth slows on U.S., China auto production dip https://ift.tt/2Hup6G2 said revenue growth slowed to 3 percent in the first quarter, held back by a strong euro and a contraction in Chinese and U.S. car production.

Volvo Q1 profit rises nearly 4% on China, U.S. demand

Volvo Q1 profit rises nearly 4% on China, U.S. demand https://ift.tt/2r6s0Wf reported a 3.6 percent rise in quarterly operating earnings as growing sales in China and a recovery in the U.S. market offset increased development and marketing costs.

Thursday, April 26, 2018

Porsche expects electrified cars to make up half of sales by 2025

Porsche expects electrified cars to make up half of sales by 2025 https://ift.tt/2Jrd3pu set one of the industry's most aggressive targets for selling plug-in hybrid and full-electric cars, predicting the vehicles will make up as many as half of its deliveries by 2025 in a sign the shift to electrified models is speeding up.

Sonic's loss widens despite record Q1 revenue

Sonic's loss widens despite record Q1 revenue https://ift.tt/2HuOZFu Automotive's revenue rose to a first-quarter record on gains in FandI and new- and used-vehicle sales, but the retailer's net loss widened from a year earlier.

Sonic's loss widens despite record Q1 revenue

Sonic's loss widens despite record Q1 revenue https://ift.tt/2Fk9z5s Automotive's revenue rose to a first-quarter record on gains in FandI and new- and used-vehicle sales, but the retailer's net loss widened from a year earlier.

PSA is fixing struggling China operations, Tavares says

PSA is fixing struggling China operations, Tavares says https://ift.tt/2I1utcH is seeing the first effects of its plan to turn around its China operations, CEO Carlos Tavares told investors and shareholders.

Why Ford is killing most of its cars -- and why that's the right move

Why Ford is killing most of its cars -- and why that's the right move https://ift.tt/2FirEkF will new Ford customers turn for an entry-level offering when the automaker's North American dealerships no longer carry a single sedan? We're about to find out.

Why Ford is killing most of its cars -- and why that's the right move

Why Ford is killing most of its cars -- and why that's the right move https://ift.tt/2FiBpiI month on the NADA Show floor in Las Vegas, dealers expressed their satisfaction with some of the product decisions CEO Jim Hackett was making at Ford.

Porsche says Chinese are falling for its classic sportscars

Porsche says Chinese are falling for its classic sportscars https://ift.tt/2KgmjOr says its classic two-door sportscars are starting to take off in China, with demand for the 718 Cayman and Boxster growing well.

Porsche expects electrified cars to make up half of sales by 2015

Porsche expects electrified cars to make up half of sales by 2015 https://ift.tt/2HZFaMH set one of the industry's most aggressive targets for selling plug-in hybrid and full-electric cars, predicting the vehicles will make up as many as half of its deliveries by 2025 in a sign the shift to electrified models is speeding up.

Hyundai's Q1profit halves on bleak U.S., China sales

Hyundai's Q1profit halves on bleak U.S., China sales https://ift.tt/2r2aCSn first-quarter net profit halved as bleak U.S. and China sales, a strong South Korean currency and labor union strikes dragged on the automaker's earnings.

VW's new CEO says company on right path despite 4% profit drop

VW's new CEO says company on right path despite 4% profit drop https://ift.tt/2Jpy97G Group posted a 3.6 percent drop in first-quarter operating profit but optimism over its new chief executive, Herbert Diess, and lower diesel emissions scandal provisions lifted its shares.

VW first-quarter profit drops nearly 4%

VW first-quarter profit drops nearly 4% https://ift.tt/2r1fxE5 Group posted a 3.6 percent drop in first-quarter operating profit as accounting changes, currency headwinds and technology costs weighed on results.

Hyundai's first-quarter profit halves on bleak U.S., China sales

Hyundai's first-quarter profit halves on bleak U.S., China sales https://ift.tt/2vJCBMg first-quarter net profit halved as bleak U.S. and China sales, a strong South Korean currency and labor union strikes dragged on the automaker's earnings.

VW Q1 profit drops nearly 4% on accounting, currency, tech-cost factors

VW Q1 profit drops nearly 4% on accounting, currency, tech-cost factors https://ift.tt/2HtKhUr Group posted a 3.6 percent drop in first-quarter operating profit as accounting changes, currency headwinds and technology costs weighed on results.

Wednesday, April 25, 2018

AutoNation names 1st academic to board

AutoNation names 1st academic to board https://ift.tt/2HvOSW6 added the first academic and second woman to its board composed entirely of outside directors under CEO Mike Jackson.

Penske Q1 net soars behind broad gains

Penske Q1 net soars behind broad gains https://ift.tt/2vLegG0 net income at Penske Automotive Group soared 31 percent to $108 million, powered by profit gains across all areas of the auto retailer's business.

Penske Q1 net soars 31 percent on broad gains

Penske Q1 net soars 31 percent on broad gains https://ift.tt/2r4KbMf net income at Penske Automotive Group soared 31 percent to $108 million, powered by profit gains across all areas of the auto retailer's business.

GM to add third shift in Tennessee, plans Holden version of GMC Acadia

GM to add third shift in Tennessee, plans Holden version of GMC Acadia https://ift.tt/2r0taCz Motors plans to resume a third shift at its assembly plant in Tennessee to meet growing demand for crossovers, including increased production for a Holden version of the GMC Acadia.

Ford shakes up China network, names new leaders

Ford shakes up China network, names new leaders https://ift.tt/2qYeh3V said it's reorganizing its operations in China by simplifying its distribution network and appointing new leaders to replace the CEO who abruptly left in January.

GM banks on Chinese vehicle family to boost Brazil sales

GM banks on Chinese vehicle family to boost Brazil sales https://ift.tt/2qYr2vf is planning for long-term profitability in South America built on the back of draconian cost cutting during Brazil's recession and the same low-cost vehicles it is developing for Chinese markets.

FCA spiffs dealers to spin Rams through their loaner fleets

FCA spiffs dealers to spin Rams through their loaner fleets https://ift.tt/2I2ejzS US, battling a decline in demand for Ram pickups, is offering added incentives to dealers in the United States who add new trucks to their service loaner fleets and count them as sales.

Lithia Q1 net rises 2.6 percent

Lithia Q1 net rises 2.6 percent https://ift.tt/2vP5cjy Motors' first-quarter net grew on strong service and parts and finance results, despite a drop in new-vehicle sales and narrowing gross profit margins.

BMW will export iX3 electric SUV to Europe, U.S. from China

BMW will export iX3 electric SUV to Europe, U.S. from China https://ift.tt/2KeoX76 will export its first full-electric SUV, called the iX3, to global markets after it goes into production in 2020 at its joint-venture plant in China.

BMW's iX3 concept heralds electric expansion

BMW's iX3 concept heralds electric expansion https://ift.tt/2JlPdes previewed the expansion of full-electric cars into its core product lineup with the iX3 concept at the Beijing auto show.

Nissan to bring Sentra EV, Leaf to China in electrification blitz

Nissan to bring Sentra EV, Leaf to China in electrification blitz https://ift.tt/2KejLQz is accelerating its global electrification blitz by adding a pure EV version of the Sylphy small car in China as it chases global sales of 1 million electrified vehicles by 2022.

2019 Lexus ES redesign goes sportier with F Sport edition

2019 Lexus ES redesign goes sportier with F Sport edition https://ift.tt/2Jmx6W4 is so confident in the performance chops of its redesigned ES sedan that it is giving the remake of one of its frumpiest nameplates an F Sport version for the first time.

Mercedes-Maybach is betting on a hybrid SUV-sedan look

Mercedes-Maybach is betting on a hybrid SUV-sedan look https://ift.tt/2KcMuoU is betting on a hybrid SUV-sedan to attract wealthy Chinese buyers to its Maybach ultraluxury brand.

Mercedes seeks to keep China luxury lead with stretched A class

Mercedes seeks to keep China luxury lead with stretched A class https://ift.tt/2Fg48EH aims to widen the brand's appeal to Chinese buyers with a long-wheelbase version of its latest A class.

Bosch claims diesel technology breakthrough

Bosch claims diesel technology breakthrough https://ift.tt/2Kfslik said its engineers have developed a new diesel-exhaust system that cuts emissions far below legal limits and can help automakers avoid potential driving bans in Europe.

Bosch claims diesel technology breakthrough

Bosch claims diesel technology breakthrough https://ift.tt/2qVET66 said its engineers have developed a new diesel-exhaust system that cuts emissions far below legal limits and can help automakers avoid potential driving bans in Europe.

Audi aims to double China production within 5 years

Audi aims to double China production within 5 years https://ift.tt/2Kd8yQz aims to double its China production within five years and plans to offer ten new SUVs in the market by 2022, CEO Rupert Stadler said. The executive said the automaker also expected 30 percent of its sales in China would be EVs by 2025.

Tuesday, April 24, 2018

Infiniti QX80 seats highlighted in new ad

Infiniti QX80 seats highlighted in new ad https://ift.tt/2vLeqx8 is touting the quality of its seats in the newest viral video to make our list.

Asbury's Q1 net jumps 18 percent

Asbury's Q1 net jumps 18 percent https://ift.tt/2vN4ByW Automotive's first-quarter profits jumped 18 percent, driven by FandI and parts and service gains, on a revenue increase approaching 4 percent.

First Shift: Amazon launches in-car deliveries with GM, Volvo

First Shift: Amazon launches in-car deliveries with GM, Volvo https://ift.tt/2K879dM, GM, Volvo launch in-car deliveries; Historic shift in dealer ad spending; In Beijing: Ultraluxury from Mercedes, a new platform for Infiniti; Something to buzz about at Toyota.

VW's sales momentum positive in all regions, Diess says

VW's sales momentum positive in all regions, Diess says https://ift.tt/2qXWycy Group is on track for profitable growth this year in all regions thanks to positive sales momentum at the start of 2018, CEO Herbert Diess said.

Skoda aims Kamiq at China's booming SUV market

Skoda aims Kamiq at China's booming SUV market https://ift.tt/2JnTApJ aims to capture a larger share of China's booming SUV market with its new Kamiq aimed at buyers in cities.

Monday, April 23, 2018

2019 Toyota Avalon gets price bump after redesign

2019 Toyota Avalon gets price bump after redesign https://ift.tt/2qU2nb9 fifth-generation Toyota Avalon that goes on sale next month as a 2019 model shares almost nothing with the previous generation, including the pricing.

Friday, April 20, 2018

Ford puts huge ad account up for review

Ford puts huge ad account up for review https://ift.tt/2qSiXZ8, citing the need for "greater marketing efficiency, effectiveness and customer insight," while leveraging the "latest tools and technology," placed its global creative advertising account led by WPP's Global Team Blue under review.