Automotive News

Thu, 18 Oct 2018 00:01:00 EST
Studies link higher crash rates with states that legalized marijuana
The Insurance Institute for Highway Safety and the Highway Loss Data Institute said crashes in states with legalized recreational marijuana have increased up to 6 percent.

Wed, 17 Oct 2018 07:55:54 EST
After tearing down Tesla Model 3, analyst says profit potential huge, but 'this body is their single biggest problem'
The manufacturing analysts who spent 6,600 hours inside a warehouse north of Detroit picking apart a Model 3 have good news and bad news for Tesla.

Wed, 17 Oct 2018 15:36:33 EST
Why Wilbur Ross is upping the ante on European trade
U.S. Commerce Secretary Wilbur Ross challenged a fragile trans-Atlantic trade truce by accusing the European Union of dragging its feet over market-opening pledges.

Wed, 17 Oct 2018 10:00:00 EST
Chase, Wells Fargo take measured approach to auto lending
Wells Fargo and Chase Auto remain cautious on auto finance, although Wells Fargo increased auto loan originations last quarter, and Chase Auto Finance has increased lease originations for its private-label customers.

Wed, 17 Oct 2018 13:16:30 EST
Senate panel wants Hyundai, Kia to testify on engine fire reports
The Republican chairman and the ranking Democrat on the Senate Commerce Committee said they asked top U.S. executives at Hyundai and Kia to testify at a Nov. 14 hearing on reports of engine fires.

Wed, 17 Oct 2018 06:00:00 EST
Tesla secures site for China Gigafactory
Tesla has signed an agreement with the Shanghai government for an 212-acre plot of land to build its first overseas Gigafactory.

Wed, 17 Oct 2018 15:59:25 EST
Why Mitch McConnell sees both sides of the tariff debate
Senate Republican Leader Mitch McConnell prodded President Donald Trump's administration to quickly resolve festering trade disputes, particularly with China.

Wed, 17 Oct 2018 09:49:07 EST
Why legalized pot is raising concerns about impaired driving
U.S. transportation safety officials are sounding the alarm on drug-impaired driving, calling for regulators to do more to tackle the problem as states grapple with a more open stance on marijuana.

Wed, 17 Oct 2018 11:09:16 EST
Another top Tesla executive calls it quits, report says
Tesla's vice president of manufacturing, Gilbert Passin, has left the company, Business Insider reported, citing a source familiar with the situation.

Wed, 17 Oct 2018 10:53:59 EST
Elon Musk will buy another $20 million in Tesla stock
Tesla CEO Elon Musk will purchase company stock worth $20 million in the next open trading session, the electric carmaker said in a filing.

Tue, 16 Oct 2018 16:19:56 EST
Why Walmart is partnering with Advance Auto Parts
Walmart announced a partnership with Advance Auto Parts that will create an automotive specialty store on Walmart.com. The news comes one day after its competing retailer Sears filed for bankruptcy.

Tue, 16 Oct 2018 07:44:36 EST
Ford's new Territory crossover part of plan to regain lost ground in China
Ford, while unveiling the new Territory crossover, said its plan to release a spate of new models will help turn around tumbling sales in the world's top auto market beginning next year.

Tue, 16 Oct 2018 16:07:43 EST
Ohio dealer Rhett Ricart elected NADA's next vice chairman
The National Automobile Dealers Association has elected Ohio dealer Rhett Ricart as its next vice chairman, meaning Ricart is in line to become chairman in 2020.

Tue, 16 Oct 2018 18:15:00 EST
BMW X7 to start at $74,895
BMW is filling out its product lineup with the launch of its largest crossover to date. The new X7, available at U.S. dealerships in March starting at $74,895, addresses a shortcoming in BMW's crossover lineup #8212; a true seven-seater option.

Tue, 16 Oct 2018 17:27:37 EST
Luxury EV startup plans for AutoMobility LA debut
Rivian Automotive, an upstart electric vehicle maker headquartered in suburban Detroit, plans to introduce its first pair of electric, off-road vehicles -- a crossover and a pickup -- in November at AutoMobility LA.

Tue, 16 Oct 2018 11:33:16 EST
Paul Allen, Microsoft co-founder, TrueCar investor, dies at 65
Paul Allen, who co-founded Microsoft, a key supplier to the auto industry who used the fortune he made from the tech giant to invest in TrueCar, professional sports teams, cable TV and real estate, died on Monday. He was 65.

Tue, 16 Oct 2018 09:52:23 EST
Elon Musk, Tesla settlement with SEC over tweets approved by U.S. judge
A federal judge approved a $40 million settlement by Tesla and CEO Elon Musk with stock regulators, resolving claims that Musk misled the public on Twitter about a plan to take the company private.

Tue, 16 Oct 2018 16:13:55 EST
Tesla, GM in line for EV boost under U.S. Senate bill
Tesla and GM, which have lobbied Congress to lift a cap on electric vehicles eligible for a $7,500 federal tax credit, could get their way for up to four years under a new proposal from a Republican senator.

Tue, 16 Oct 2018 15:07:55 EST
What this former Ford exec will do at Pandora
One of Ford's top connected vehicles executives has been hired by Pandora to help the streaming music company form partnerships with the auto industry.

Tue, 16 Oct 2018 14:48:15 EST
Cable industry moves to snatch airwaves away from 'talking cars'
Twenty years ago automakers won the rights to use a portion of U.S. airwaves for ultra-safe 'talking cars.' But now the cable industry wants more of those airwaves.

Tue, 16 Oct 2018 11:09:04 EST
New Goodyear service offers replacement tires at consumers' homes
Goodyear Tire and Rubber hopes it can sell more tires by offering consumers an easier way to buy and install them, in an effort that may challenge franchised auto dealers.

Tue, 16 Oct 2018 11:45:00 EST
Tesla's Supercharger network is the template for the hydrogen era
A Tesla-like nationwide network of hydrogen fueling stations could help reduce the time it will take for fuel cell vehicles to become economically viable to manufacture.

Tue, 16 Oct 2018 11:52:43 EST
Why a NAFTA vote will likely wait until 2019
The renegotiated U.S. trade deal with Mexico and Canada won't get a vote in Congress this year, Senate Majority Leader Mitch McConnell said, setting up a potential fight with Democrats next year.

Tue, 16 Oct 2018 10:56:25 EST
Uber gets IPO proposals at potential $120 billion valuation, report says
Uber has recently received proposals from banks for an initial public offering valuing the ride-hailing company at as much as $120 billion, The Wall Street Journal reported.

Tue, 16 Oct 2018 08:30:31 EST
The dirt on 'clean' electric cars is just under the hood
Every major carmaker has plans for electric vehicles to cut greenhouse gas emissions, yet their manufacturers are, by and large, making lithium ion batteries in places with some of the most polluting grids in the world.

Tue, 16 Oct 2018 08:13:02 EST
U.S. seeks Mexican steel export quotas, negotiator says
The United States is seeking to impose quotas on Mexican steel exports as part of a negotiation to remove metals tariffs, the chief trade negotiator of Mexico's incoming government said, adding the issue needed to be resolved within weeks.

Tue, 16 Oct 2018 06:15:00 EST
Audi fined $927 million by German prosecutors for diesel violations
The luxury brand will not appeal the fine, and it said the penalty will have a significant impact on its annual earnings.

Tue, 16 Oct 2018 07:54:25 EST
Elon Musk says Tesla owners who ordered full self-driving EVs to get chip upgrade
A new chip that improves Autopilot features will be available six months in advance to people who ordered the full self-driving version of the electric cars.

Tue, 16 Oct 2018 07:13:20 EST
TomTom loses Volvo contract
That fed into concerns of critics who said a deal Google made last month with Renault, another TomTom customer, meant the company risked being relegated to third place in its main market.

Tue, 16 Oct 2018 06:30:00 EST
VW CEO says German automakers have 50% odds of remaining among 'global elite' over next decade
VW CEO Herbert Diess says that Germany's automakers have a only 50 percent chance of remaining leading players in the fast-changing auto industry.

Tue, 16 Oct 2018 06:00:00 EST
Geely-backed flying-car developer Terrafugia starts taking orders
Terrafugia, a U.S. flying-car developer owned by Chinese automaker Geely, has begun taking orders for its first product, the Transition, a two-seat aircraft that can switch between driving and flying modes in less than one minute.

Tue, 16 Oct 2018 06:15:00 EST
Trump rhetoric unhelpful for tariff talks, says EU's trade chief
Cecilia Malmstrom, the EU's trade chief, said that some of President Donald Trump's rhetoric was unhelpful while she was trying to make progress in tariff talks and said the bloc would have to respond if Washington imposed tariffs on EU cars.

Mon, 15 Oct 2018 00:01:00 EST
Has the conversation on sexism changed? Take our new survey
Automotive News is conducting a survey of women currently working in the auto industry to discover if the conversation on sexism in the workplace has changed in the last year.

Mon, 15 Oct 2018 00:01:00 EST
GM offers extensions of factory warranties
General Motors will begin offering extended bumper-to-bumper limited warranties on new vehicles, an offer that has some franchised dealers uneasy.

Mon, 15 Oct 2018 00:01:00 EST
Keeping auto retail disruption in perspective
Big shifts are coming to the auto retail world, and dealers say they're getting ready for them. But don't fall for all the fantastical forecasts you hear, they caution.

Mon, 15 Oct 2018 00:01:00 EST
Paris auto show was a showcase for wagons, hatchbacks
Europeans still are showing some love for wagons and hatchbacks even as sales of crossovers and SUVs boom, just as in the U.S.

Mon, 15 Oct 2018 16:13:49 EST
Dealers collect what's left following Hurricane Michael
It's been five days since hurricane Michael made landfall as a Category 4 hurricane, but the restoration for the affected dealerships and their communities could take years.

Mon, 15 Oct 2018 14:51:31 EST
Rand study shows it's hard to gauge self-driving car safety
The great promise of automated vehicles is that they will be safer than human-driven ones, but finding the metrics to measure this is a complicated task that has no easy benchmarks.

Mon, 15 Oct 2018 13:41:27 EST
Car-shopping company Shift seeks to follow Carvana with 2020 IPO
Shift, the five-year-old app-driven car shopping firm, could give auto retail group Lithia a chance to hedge against auto market disruption by cashing in on an IPO down the road.

Mon, 15 Oct 2018 00:01:00 EST
Porsche dealers brace for electric era
Porsche faces a future in which its signature engines are replaced by electric motors. The automaker's retailers are suiting up for the challenge.

Mon, 15 Oct 2018 00:01:00 EST
Nissan's 6th-gen Altima hits new performance bar
Nissan's sixth-generation Altima leverages the largest investment in powertrain in the company's history.

Mon, 15 Oct 2018 00:01:00 EST
Volvo focuses on safety for autonomous cars
Volvo, with a bevy of new tools to ensure passenger safety, is shifting its safety strategy from passenger protection to accident prediction and avoidance, says the director of the Swedish carmaker's Car Safety Center.

Mon, 15 Oct 2018 00:01:00 EST
Can Scott Keogh repeat his Audi success at VW?
In taking control of parent Volkswagen and its namesake marque across North America, Scott Keogh again faces a struggle to lift a German brand.

Mon, 15 Oct 2018 12:00:47 EST
Elena Ford named chief customer experience officer
Elena Ford, great-great-granddaughter of Henry Ford, will become Ford Motor's chief customer experience officer as of Nov. 1, the automaker said.

Mon, 15 Oct 2018 07:32:01 EST
Bill Ford joins list of those canceling visit to Saudi investor conference
Ford Executive Chairman Bill Ford canceled a multistop trip to the Middle East, including a planned appearance at a Saudi investment conference this month, the company said on Sunday, the latest such cancellation after the disappearance of Saudi...

Mon, 15 Oct 2018 00:01:00 EST
Ford gripped by new tensions
Ford has had a tough time getting others to understand and gain confidence in the early stages of CEO Jim Hackett's companywide restructuring, and salaried workers are now wondering about their future with the company as cuts loom.

Mon, 15 Oct 2018 09:30:00 EST
Opel sites searched by German prosecutors in diesel probe
German prosecutors searched Opel's operations in Ruesselsheim and Kaiserslautern on Monday as part of a probe into possible diesel-emissions cheating.

Mon, 15 Oct 2018 00:01:00 EST
German luxury brands face twin hurdles in USMCA and Brexit
Both Brexit and the USMCA have the potential of redrawing the map when it comes to the complex web of vehicle and component production.

Mon, 15 Oct 2018 00:01:00 EST
5 questions for the man behind the Ford Edge ST
Ford engineer Ed Krenz talks the future of the Ford Edge ST.

Mon, 15 Oct 2018 00:01:00 EST
Hyundai's Kona Electric has crossover niche to itself
Hyundai is looking to upend the notion that families with EVs need a gasoline-powered backup vehicle.

Mon, 15 Oct 2018 07:00:00 EST
Porsche CFO envisions a VW 'super group' that could top Ferrari
Porsche could be worth a fortune if listed with its sibling VW Group ultraluxury brands, finance chief Lutz Meschke said.

Mon, 15 Oct 2018 00:01:00 EST
South Korea's Mobis develops proving ground for self-driving technology
South Korean supplier Hyundai Mobis, determined to catch up on self-driving technology, invested $300 million to equip its new proving grounds with multiple test tracks, including an intelligent transportation system course and what it calls the...

Mon, 15 Oct 2018 00:01:00 EST
NADA chairman Wes Lutz cautions dealers to question mobility 'hype'
"Question the hype." That's Wes Lutz's advice on prognostications of how primary transportation models will change.

Mon, 15 Oct 2018 00:01:00 EST
Opel to end production of Buick Cascada in 2019
Opel, General Motors' former European unit, said last week it plans to stop producing the Buick Cascada in 2019.

Mon, 15 Oct 2018 00:01:00 EST
Jay Wolfe Toyota's freebies pay for themselves
Jay Wolfe Toyota sought a more meaningful incentive than extended powertrain warranties, which customers rarely get to use.

Mon, 15 Oct 2018 00:01:00 EST
Old Dana acquisitions position it for electrified future
Dana looks to many like an old-school maker of 20th century parts. Jim Kamsickas has a different vision.

Mon, 15 Oct 2018 00:01:00 EST
French interiors supplier, Faurecia, has new ideas
Faurecia chief Patrick Koller says new automakers are open to new approaches to interiors.

Mon, 15 Oct 2018 00:01:00 EST
Software giant SAP plans growth in connected car services
A global software colossus wades deeper into the connected-car business.

Mon, 15 Oct 2018 00:01:00 EST
U.S. vehicle inventory matches slowing market
Inventory levels have stabilized in a healthy range for most automakers over the last several months as companies continue to react to a slowing U.S. light-vehicle market by tapping the brakes on production.

Sun, 14 Oct 2018 00:01:00 EST
Lexus' UX will test market for flexible lease options
The Lexus program is aimed at attracting first-time luxury buyers who prize the flexibility of a shorter commitment and a simpler payment structure.

Sun, 14 Oct 2018 00:01:00 EST
ID theft case shows dealers what to watch for
A manager's skepticism may have helped prevent his dealership from being victimized by what prosecutors say was an identity-theft and car-trafficking ring with expensive taste that managed to fool at least five other stores in suburban New York City.

Sun, 14 Oct 2018 00:01:00 EST
Detroit's Techstars Mobility helps startups
While Silicon Valley and Tel Aviv are the unparalleled hot spots for advanced automotive tech, Detroit has quietly nurtured its own startups.

Sat, 13 Oct 2018 00:01:00 EST
Material prices hammer the auto industry
Automakers buy most of their steel in North America, but certain types #8212; such as stainless and electrical steel #8212; are imports subject to the 25 percent U.S. tariff.

Sat, 13 Oct 2018 00:01:00 EST
Genesis G70 finally appears, but mostly on TV
A Genesis spokesman told Automotive News the first G70s have been shipped, and that the brand is expecting 100 to 200 dealers to have them by the end of the year.

Sat, 13 Oct 2018 00:01:00 EST
U.S. luxury auto sales race goes down to the wire
The two top German luxury brands were nearly neck-and-neck going into the fourth quarter, with Mercedes-Benz eyeing a third consecutive year atop the U.S. luxury market.

Fri, 12 Oct 2018 16:04:52 EST
BMW warns trade war could hit 2019 results by up to $579M
BMW expects a hit to earnings of up to half a billion euros ($579 million) in 2019 if tariffs between the United States and China remain in place, CFO Nicolas Peter said.

Fri, 12 Oct 2018 14:32:15 EST
Hyundai, Kia urged again to recall nearly 3 million crossovers, sedans in U.S. for fire hazard
The Center for Auto Safety on Friday renewed calls for Hyundai and Kia to recall almost 3 million crossovers and sedans in the U.S. for potential noncollision fire risk.

Fri, 12 Oct 2018 16:37:45 EST
Automakers, lenders extend relief, assistance to Michael victims
Several automakers and lenders are offering financial relief to customers and residents in communities affected by Hurricane Michael.

Fri, 12 Oct 2018 16:20:52 EST
UAW-VEBA loses seat on GM's board
The UAW Retiree Medical Benefits Trust has forfeited its right to designate a nominee to GM's board of directors after divesting

Fri, 12 Oct 2018 04:35:39 EST
Borgward losses spur majority stake sale by China's Foton
China's Foton plans to sell a 67 percent stake in Borgward as losses escalate at the German brand it revived four years ago.

Fri, 12 Oct 2018 13:49:20 EST
Tesla seeks patent for 'Teslaquila'
What started as an April Fools' Day joke that left a poor taste in Tesla investors' mouths may soon become a reality.

Fri, 12 Oct 2018 06:41:24 EST
Tesla says orders placed by Oct 15. eligible for full tax credit
Tesla said orders for cars placed by Oct. 15 will be eligible for a full federal tax credit of $7,500 and these customers will get their cars delivered by the end of the year.

Fri, 12 Oct 2018 11:00:00 EST
35 finalists to vie for 2019 Automotive News PACE Awards
Auto-parts suppliers specializing in sensor technology, artificial intelligence and connected mobility are among the 35 finalists for the 2019 Automotive News PACE Awards, announced Friday.

Fri, 12 Oct 2018 09:47:47 EST
Why lithium supplies will stay tight for years
The market for lithium will remain tight through 2025 as producers struggle to lift output fast enough to meet demand, a top industry executive says.

Fri, 12 Oct 2018 06:10:57 EST
#MeToo hits Tata as Jaguar owner sends executive on leave
Tata Motors sent its chief of corporate communications, Suresh Rangarajan, on leave following allegations of inappropriate behavior by him with female employees.

Fri, 12 Oct 2018 00:45:00 EST
Mercedes expects 62-mile electrified range on GLE plug-in hybrid
Daimler could be the first automaker to offer a combustion engine car with a 62-mile electric range, when it launches the Mercedes GLE plug-in hybrid vehicle in the second half of next year.

Fri, 12 Oct 2018 07:50:16 EST
Why China auto sales are falling, and what happens next
China's car market has been one of the most reliable engines of global growth for decades. Now that all might be coming to an end.

Thu, 11 Oct 2018 00:01:00 EST
Preparing employees for success results in a great place to work
At 13 percent in 2017, employee turnover is strikingly low at Acura Turnersville, a Penske Automotive Group dealership on the outskirts of Philadelphia.

Thu, 11 Oct 2018 00:01:00 EST
Audi Chantilly General Manager Roger Kaiser meets with high school students to encourage career paths in auto retailing.
At Faulkner Subaru Harrisburg, a robust training program keeps employee morale high and turnover low.

Thu, 11 Oct 2018 16:25:13 EST
Florida Panhandle dealerships take a significant hit from Hurricane Michael
A service manager at a Chevrolet store in Quincy, Fla., was killed at his home as Hurricane Michael battered the state's Panhandle, with dealerships and automakers still assessing widespread damage from the powerful Category 4 storm.

Thu, 11 Oct 2018 21:30:00 EST
Arizona plans public, private automated vehicle research hub
Arizona's governor signed an executive order establishing a public-private partnership that will form a research center and proving ground to help improve the safety of self-driving vehicles.

Thu, 11 Oct 2018 00:01:00 EST
Mercedes plans advanced self-driving tech for next S class
Mercedes's next S class, which is due in 2020, will offer the brand's first Level 3 self-driving system capable of eyes-off conditional autonomy.

Thu, 11 Oct 2018 06:20:04 EST
Elon Musk, Tesla reaffirm settlement with SEC despite snarky tweets, Murdoch report denied
Tesla Inc. and the SEC have put aside an insulting tweet by Elon Musk and asked a judge to accept a settlement of the fraud suit against the electric-car maker and its outspoken chief executive.

Thu, 11 Oct 2018 14:17:31 EST
NHTSA might turn on the auto industry's high-tech headlights
U.S. auto safety regulators are moving to allow a new generation of brighter, self-dimming headlights that won't blind other drivers on the road ahead.

Thu, 11 Oct 2018 12:35:48 EST
Ford and WPP: Inside a 75-year advertising relationship
Ford's stunning decision this week to replace WPP with BBDO as its lead creative ad agency upends a relationship that began 75 years ago, when Henry Ford was still steering the automaker.

Thu, 11 Oct 2018 13:57:03 EST
Why U.S. used vehicles price data is conflicting
America's secondhand-vehicle market is throwing some economists and auto-industry analysts for a loop.

Thu, 11 Oct 2018 00:01:00 EST
Why Magna founder Frank Stronach is suing his family
Magna founder Frank Stronach is suing his daughter and other family members in Ontario, alleging mismanagement of the family's assets and trust funds, according to Canadian media reports.

Thu, 11 Oct 2018 02:35:51 EST
How BMW gained control of its China joint venture
BMW will take majority control of its main China joint venture for $4.2 billion, the first such move by a global automaker as Beijing relaxes ownership rules in the world's largest auto market.

Thu, 11 Oct 2018 09:04:33 EST
Magna lands key European seating work for BMW
Magna International has opened a new seating factory in the Czech Republic that will employ 300 people and supply BMW in Europe.

Thu, 11 Oct 2018 08:27:26 EST
Why China's auto dealers want a major tax cut
China's top auto dealers' association has asked the government to halve taxes on car purchases to revive faltering sales, as worries grow the country's auto market could shrink this year.

Dealer's Edge

Tue, 04 Nov 2014 00:00:00 EST
Arizona BMW dealership wins discrimination case brought by two shop techs
The technicians said they were fired for being foreigners. A jury disagreed

Tue, 04 Nov 2014 00:00:00 EST
Buy/Sell surprise: $100,000 in missing parts inventory
Missing inventory from recently acquired Virginia dealership is being investigated as a theft.

Tue, 04 Nov 2014 00:00:00 EST
Little-known Obamacare issues to watch
In 2015 the real effects of the Affordable Care Act will be felt by businesses

F&I Magazine

Wed, 17 Oct 2018 14:07:00 PDT
EasyCare Launches New Suite of Rideshare F&I Benefits
EasyCare’s new Rideshare suite of F&I benefits includes a vehicle service contract, GAP coverage and a customizable prepaid maintenance benefit, all tailored to meet the needs of driver entrepreneurs.

Wed, 17 Oct 2018 06:04:00 PDT
Brooklyn Dealer Plans Game Changers Event
Brooklyn Mitsubishi’s El Patronn will host the inaugural Automotive Game Changers Conference in New York City in December.

Tue, 16 Oct 2018 17:19:00 PDT
Drive Motors Adds Former Dealer.Com Exec to Leadership Team
Chris Gugliotta, a former executive with Dealer.com and Lithia Motors, has joined the startup as head of strategic partnerships. He will be responsible for leveraging Driver Motors’ digital retailing tools for the industry’s largest finance sources and vehicle OEMs.


The Oak Group
333 E. Butterfield Rd., Ste. 820
Lombard, IL 60148
Ph. (630) 833-9770 / 800-441-4228

Helpful Links