Auto News 5

Republican lawmakers pushed back against the Obama administration's signature plan to boost the average new vehicle's fuel economy to more than 50 mpg by 2025, with a Texas congressman saying the plan should be repealed.

General Motors will use its Oshawa, Ontario, assembly plant to expand production of pickups for the North American market if a tentative agreement with Canadian auto workers is ratified, sources familiar with Canadian labor negotiations told Reuters.

More than 1.1 million U.S. workers would lose their jobs because of tougher fuel-economy regulations coming next decade if prices at the gasoline pump remain low in America, a new study found.

A federal grand jury has indicted two Japanese executives on charges of conspiring to obstruct justice in a major escalation of the Department of Justice's ongoing price fixing investigation within the auto parts industry.

CarMax's quarterly earnings dropped 5.7 percent, as customer demand leaned toward older, less expensive used vehicles, the retailer said. It also said a test to deliver used vehicles to customers' homes rolled into Charlotte, N.C.

Renault said it will move some production of its Dacia Logan MCV station wagon from Pitesti, Romania, to its plant in Tangiers, Morocco, starting in the first quarter of next year.

Unifor President Jerry Dias said today there is no definitive timetable as to when he will select the union's next negotiating target, as details about the tentative pact with General Motors begin to emerge.

A Michigan House committee on Tuesday advanced four bills that would regulate Michigan's developing autonomous vehicle industry, with changes designed to satisfy concerns about exclusion raised by tech giant Google Inc.

GM affirmed its forecast for 2016 profit of up to $6.00 per share and said it expected to exceed its cost-savings target of $5.5 billion by 2018 as the automaker unveiled a new effort to convince investors of its value.

News 21 Sep, 2016

Reports that tech giant Apple is in takeover talks with McLaren are wide of the mark according to McLaren

McLaren damped down a report that Apple had made an approach for the British Formula One team owner and supercar maker. "We can confirm that McLaren is not in discussion with Apple in respect of any potential investment," a McLaren spokesman said.

Industry experts have confirmed multiple times that millennials are major players in the auto finance market, debunking the notion that they don't buy cars.

News 22 Sep, 2016

Audi's next-generation S7 four-door coupe powers round the German racetrack in disguise ahead of release in 2018

Genesis buyers who finance through the brand's new captive arm will receive 'white glove' treatment befitting a luxury brand, the captive's parent says.

France may seek compensation from automakers whose vehicles far exceed carbon dioxide emissions targets in normal driving, a government minister said. France currently offers subsidies for cars with lower CO2 emissions and fuel consumption.

News 21 Sep, 2016

Executive saloon is a halfway house between basic cars and bonkers Quadrifoglio models. It offers improved performance plus four-wheel-drive

Continental is pondering takeover deals to strengthen its tire business as part of its expansion strategy.

Europe's biggest software firm SAP and German car parts maker Robert Bosch have signed an agreement to partner to connect everything from screwdrivers to cars to the Internet.

News 21 Sep, 2016

Nissan reveals Navara-based emergency rescue concept car at Hannover Motor Show, with portable EV battery power