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Mar
9th

Virginia dealer group sues Tesla to block 2nd store

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The Virginia Automobile Dealers Association filed a lawsuit against Tesla and Virginia state officials to keep the EV maker from opening a second store in the state.
Mar
9th

Sonic Automotive executive collected $26.5 million last year

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Sonic Automotive has one executive it doesn't want driving off the lot. Jeff Dyke, the company's executive vice president of operations, was awarded $26.
Mar
9th

Honda readies financial aid to dealers over Takata airbag recalls

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American Honda plans to offset the financial hit that dealers are taking from the recall of millions of vehicles with potentially defective Takata airbag modules.
Mar
9th

Michael Horn out as CEO at Volkswagen Group of America

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Michael Horn, CEO of Volkswagen Group of America, is leaving the company six months after the German automaker admitted to rigging U.S. diesel emissions tests.
Mar
9th

AutoNation stock downgraded by Goldman Sachs

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Goldman Sachs downgraded its rating on AutoNation stock to 'sell,' citing concerns about flattening U.S.
Mar
9th

FCA lays out latest plan to save struggling Fiat dealers

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Fiat Chrysler today rolled out a plan to bolster its struggling Fiat dealers in the U.S., in part by allowing them to combine operations with adjacent Chrysler-Jeep-Dodge-Ram stores. The strategy was revealed to dealers this afternoon.
Mar
9th

Lexus’ new March Madness contest aimed at GS F audience

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Lexus is getting in on March Madness. For the first time, the luxury brand has created a game around the NCAA Men's Division I Basketball Tournament to interact with potentially millions of fans online.
Mar
9th

700bhp Hellcat-powered Jeep Wrangler Trailcat teased

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Jeep Wrangler Trailcat teaser
News 9 Mar, 2016

Bonkers Hemi Trailcat concept could debut at Jeep’s 50th Anniversary event later this month

Mar
9th

What potential does Iran hold for the global automotive industry?

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Through a review of seven years of Iranian light vehicle production data, just-auto provides an understanding of the automotive industry's current situation and identifies trends and opportunities in the sector that are now available. This is the first instalment in March's management briefing.
Mar
9th

Bosch looking to smart devices to get ahead in the cloud

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Robert Bosch GmbH is taking on U.S. technology rivals by launching its own "cloud" computing network to connect up anything from cars to dishwashers via the Internet.
Mar
9th

Canadians getting lured onto ‘auto-debt treadmill,’ consumer watchdog warns

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Canadians may be purchasing cars they cannot afford, having been lured onto an "auto-debt treadmill" by offers of long-term loans with lower monthly repayments but higher overall interest, the federal consumer watchdog warned this week.
Mar
9th

Compliance focus dents other spending, AFSA chief says

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Compliance remains a hot topic in auto finance these days, but auto lenders' investment in compliance training may be digging into their spending on technology and other business resources, the top executive at the American Financial Services...
Mar
9th

GM issues recall, stop-sale order on midsize pickups, sedans on airbag concerns

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GM issued a stop-sale order and recalled about 1,750 new-model Chevrolet Colorado and GMC Canyon pickup trucks and Chevrolet Malibu sedans in the U.S. and Canada because of potentially defective front airbags.
Mar
9th

AvtoVAZ supply chain key to future – Moscow analyst

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Moscow analysts estimate it "highly unlikely" AvtoVAZ would be allowed to go bankrupt despite the abrupt departure this week of CEO, Bo Andersson, with the company's staffing numbers and huge supply chain thought to be the main drivers.
Mar
9th

Tata Motors wins big India military contract

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Tata Motors has signed a strategic agreement with Bharat Forge Limited and General Dynamics Land Systems (GDLS) of the US, for the Indian Ministry of Defence (MoD's) "Future Infantry Combat Vehicle (FICV)" program.
Mar
9th

Opel invests more in Russelsheim design centre

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Opel says it is continuing to invest in its design centre at Russelsheim. New visual and communication technologies are to be created at EUR11m which Opel says "will allow even better and more effective work once it is completed in June 2017".
Mar
9th

Lear appoints Facebook executive to board

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Lear has appointed Facebook executive Mary Lou Jepsen to its board of directors. Jepsen, 51, currently serves as Facebook's executive director of engineering and the head of its virtual reality unit Oculus.
Mar
9th

Bosch creating proprietary cloud facilities

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Bosch is creating its own proprietary cloud facilities. Announced at its annual Connected World event in Berlin, the German manufacturer will enhance its sensor, software and services portfolio by bringing storage and processing of the data collected in-house.
Mar
9th

BMW books record profit in 2015

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BMW Group said it achieved its sixth record-breaking year in succession in 2015, posting new highs for sales volumes, revenues and profit before tax, despite a "volatile" market environment.
Mar
9th

BMW profit rises 5% amid fight for No. 1 in luxury-car market

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BMW reported a 5.2 percent gain in profit last year on higher vehicle deliveries as the world's largest maker of luxury cars pushes to stay ahead of Mercedes-Benz.
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