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May
11th

Suzuki 2014 profit fell on weak Asia demand

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Suzuki said its annual operating profit fell 4.4 percent, the first time it has fallen in six years, as weak demand in Japan and Southeast Asia offset hefty currency gains and robust earnings in India, its biggest market.
May
11th

GERMANY: Schaeffler urges more engine/transmission cooperation

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Schaeffler is urging engine and transmission developers should work more closely together to achieve significant improvements in fuel economy.
May
11th

US: Mitsubishi recalls over 130,000 vehicles for faulty parts

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Mitsubishi has recalled more than 130,000 vehicles in the US covered by two separate NHTSA announcements.
May
11th

INDIA: Maruti Suzuki adds upmarket sales channel

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Maruti Suzuki reportedly plans to use two different marketing networks to sell its models.
May
11th

GERMANY: SUVs to account for almost half of Audi sales by 2020 – Stadler

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Audi chairman Rupert Stadler has said that in the next five years, 40-45% of all Audi vehicles sold will be SUVs.
May
11th

INDIA: BMW looks for solar gain at Chennai plant

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By the end of 2016 BMW aims to meet 20% of the electricity needs at its Chennai plant in India from solar power.
May
11th

Mazda and Toyota collaborate to share powertrain tech

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Toyota Mirai
News 11 May, 2015

Japanese firms reported partnership will see Toyota green fuel-cell tech and Mazda SkyActiv eco-engines shared between platforms

May
11th

Ads in Spanish can open dealerships’ doors

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With Latinos now buying nearly one in every five new vehicles sold in the United States, dealerships that refuse to cater to that population are missing a big opportunity, say dealers and marketing vendors.
May
11th

GM hints at dealer bonus redesign

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North America chief Alan Batey hints at a successor to General Motors' Essential Brand Elements program, which has funneled billions of dollars to dealers since 2010 to update their stores and raise the level of customer service.
May
11th

‘Nutty’ demand has Tesla rethinking battery market

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Musk says Tesla's stationary batteries may need twice as many battery cells as its cars, signaling that Tesla may not be a car company forever.
May
11th

Porsche to give retailers a test track deal

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Porsche dealers will get a special deal on booking track time for customers at the brand's $100 million Atlanta headquarters and test track in June. Porsche executives expect 30,000 visitors annually.
May
11th

Lentz on Lexus: Few regrets

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Toyota's North American CEO Jim Lentz says it would have been wiser for Lexus to have invested in a three-row crossover instead of the sporty RC coupe. But Lexus' performance this year has left little reason for regrets.
May
11th

Stores reach out to empower female customers

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A visitor to Don Jenkins' dealerships in this north Tennessee city will find a fair share of brawny men, but a dearth of female shoppers. So the dealer's daughter, Casey Jenkins, is doing something about that.
May
11th

Is danger lurking in junkyards?

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American Honda is reaching out to thousands of salvage yards and auto recyclers offering to buy up inventories of recalled Takata airbags in an effort to keep them out of circulation.
May
11th

GM to suppliers: Let’s see books, not bids

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General Motors has launched a new way to buy parts that foregoes the conventional bidding process for suppliers. Instead, the new process lets GM inspect suppliers' factories and analyze their internal cost data.
May
11th

Winterkorn vows to revamp VW

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Volkswagen CEO Martin Winterkorn, who last month survived an attempted ouster by his boss, told 5,000 VW managers that he plans to restructure the giant German automaker.
May
11th

Buick targets affluent viewers of ‘black-ish,’ ‘Knife Fight’

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GM's Buick has launched a big product placement with ABC's hit comedy blackish and other shows. The brand hopes to attract affluent multicultureal attention to its products and shatter outdated stereotypes of the brand.
May
11th

Sonic to restore customer-pay service revenue

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Sonic Automotive's warranty work is up so much, it was losing customer-pay service jobs due to lack of capacity. It's changing that now with several tweaks to its service lane.
May
11th

Subaru will add capacity 4 years ahead of schedule

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Red-hot Subaru, gunning for a seventh year of record U.S. sales, is boosting production capacity in North America four years ahead of schedule.
May
11th

High-level meeting minus high-level hoopla

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You'd probably get an image in your head if we told you we saw the president of General Motors preparing to meet with the head of North American operations at the company's Renaissance Center aerie overlooking the Detroit River.
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