English Press / Presse anglaise

Suburban Collection buys BMW, Mercedes dealerships in Ann Arbor

Automotive Business Review - 23 July, 2014 - 21:08
The Suburban Collection has acquired two more Michigan dealerships: BMW of Ann Arbor and Mercedes-Benz of Ann Arbor. The two dealerships were acquired from Sonic Automotive for an undisclosed amount.

Nissan to add L.A. to 'No Charge to Charge' Leaf promotion

Automotive Business Review - 23 July, 2014 - 21:01
Nissan said today it will add Los Angeles to its 'No Charge to Charge' promotion for the Leaf electric vehicle on Aug. 15.

Opel plans 'electric' successor to Ampera plug-in hybrid

Automotive Business Review - 23 July, 2014 - 20:53
Opel said Wednesday it plans an "electric" successor to the Ampera. The plug-in hybrid was introduced across Europe in 2011 but will be discontinued.

GM seeks broader immunity in switch lawsuits

Automotive Business Review - 23 July, 2014 - 20:49
GM, moving to expand its immunity from lawsuits after recalling almost 29 million cars in North America, said it sees no need to try to settle customer claims until a judge decides whether it's legally responsible for faults in its predecessor's...

GM seeks broader immunity in 'switch' lawsuits from old GM

Automotive Business Review - 23 July, 2014 - 20:49
General Motors, moving to expand its immunity from lawsuits after recalling almost 29 million cars in North America, said it sees no need to try to settle customer claims until a judge decides whether it's legally responsible for faults in its...

GM lists more Cobalt, Ion fatalities in quarterly crash data

Automotive Business Review - 23 July, 2014 - 20:37
In the first quarter, General Motors received claims that defects in the Chevrolet Cobalt and Saturn Ion caused 17 deaths and 167 injuries, according to data it submitted to federal safety regulators.

GM lists more fatalities in quarterly crash data disclosures

Automotive Business Review - 23 July, 2014 - 20:37
In the first quarter, General Motors received claims that defects in the Chevrolet Cobalt and Saturn Ion caused 17 deaths and 167 injuries, according to data it submitted to federal safety regulators.

Federal-Mogul posts $5 million net loss in Q2 as revenue rises

Automotive Business Review - 23 July, 2014 - 20:34
Auto supplier Federal-Mogul today reported a $5 million net loss after factoring in one-time charges, along with a $128 million revenue gain for the second quarter.

Fiat investors urged to vote against Chrysler merger

Automotive Business Review - 23 July, 2014 - 19:59
Proxy advisor ISS has recommended that Fiat investors vote against a cross-border merger of the Italian carmaker and its U.S. unit Chrysler at a meeting on Aug. 1, saying it would reduce shareholder rights.

Fiat investors urged to vote against Chrysler merger

Automotive Business Review - 23 July, 2014 - 19:59
Proxy advisor ISS has recommended that Fiat investors vote against a cross-border merger of the Italian carmaker and its U.S. unit Chrysler at a meeting on Aug. 1, saying it would reduce shareholder rights.

New-look Yaris will start at $15,670

Automotive Business Review - 23 July, 2014 - 19:54
Pricing on the 2015 Yaris, Toyota's struggling subcompact car, will start at $15,670, including shipping. Toyota gave the 2015 Yaris a face-lift in hopes that a newer look will attract more buyers.

GM recalls 717,950 vehicles, pushing year's recall tally to 60

Automotive Business Review - 23 July, 2014 - 19:07
General Motors is recalling another 717,950 vehicles in the United States, mostly 2010-12 model year cars and crossovers, lifting its total for the year to a record 60 safety campaigns covering around 29 million vehicles globally.

US oil groups ordered to renew railcars

Financial Times - 23 July, 2014 - 17:34
A fatal derailment in Quebec last July forces authorities to order the upgrade of safety standards for the transportation of crude in the US

Daimler warns over cyber attacks on cars

Financial Times - 23 July, 2014 - 17:29
Defending vehicles against hackers already ‘essential’, chief says while reporting 12% increase in operating earnings in the second quarter

Japan readies fuel cell subsidies in bet on Toyota's next big thing

Automotive Business Review - 23 July, 2014 - 15:44
Japan is readying subsidies to help Toyota and key suppliers take the lead in hydrogen-powered fuel cell vehicles that could top $400 million over the next several years if the most bullish projections for the technology play out.

Daimler raises earnings by 12%

Financial Times - 23 July, 2014 - 15:02
Operating earnings at Daimler increases 12% to €2.46bn as Mercedes-Benz sales benefit from revamp in China and new sporty models

Hyundai nabs a win in J.D. Power APEAL Study a month after leading IQS

Automotive Business Review - 23 July, 2014 - 15:00
For the first time, Hyundai is the top-ranked nonpremium brand in the J.D. Power 2014 U.S. Automotive Performance, Execution and Layout Study -- a month after leading nonpremium brands in the company's Initial Quality Study.

GM sales surge despite recalls as Barra proves quality sells

Automotive Business Review - 23 July, 2014 - 14:10
General Motors' Mary Barra is projected to report her second straight quarter of rising sales, adding to evidence that the CEO is weathering the biggest wave of recalls in automotive history. Second-quarter revenue may rise 2.

Lithia Q2 profits hit record highs

Automotive Business Review - 23 July, 2014 - 13:39
Lithia Motors today reported the highest adjusted quarterly net income in the company's history -- a 29 percent surge to $35 million -- on higher revenues and cost controls.

Brembo to invest nearly $100M in new Michigan foundry, expand capacity

Automotive Business Review - 23 July, 2014 - 11:54
Italian brakes maker Brembo will build a new foundry in Michigan to expand its manufacturing capability in the United States, betting on continued strength of the country's automotive sector.
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