Showing posts with label Automotive News Feed. Show all posts
Showing posts with label Automotive News Feed. Show all posts

Wednesday, 12 December 2018

FCA to idle Ontario minivan plant for 8 days, union says

Fiat Chrysler Automobiles plans to idle its assembly plant in Windsor, Ont., for two weeks in the new year, according to the union representing workers there.

source http://www.autonews.com/article/20181212/OEM01/181219857/fiat-chrysler-windsor-minivan-production

AutoNews Now: Cadillac to reveal XT6 large CUV next month

Cadillac to reveal XT6 large CUV in Jan.; Union: FCA idling Windsor plant; Schot named Audi CEO; Hertz to speed rentals with biometrics; Silverado to pace Daytona 500.

source http://www.autonews.com/article/20181212/VIDEO/312129970/autonews-now-cadillac-to-reveal-xt6-large-cuv-next-month

U.S. car and light-truck inventories, on Dec. 1



source http://www.autonews.com/article/20181212/DATACENTER/181219858/u-s-car-and-light-truck-inventories-on-dec-1

Nissan expands Ghosn probe to European affiliates

Nissan is poised to widen its probe into Carlos Ghosn to investigate possible misconduct at its alliance joint venture entity with Renault and a host of subsidiaries, people familiar with the matter said, in a move that could trigger more criminal...

source http://www.autonews.com/article/20181212/OEM02/181219878/ghosn-scandal-expands-european-subsidiaries

Brazil court grants Ghosn access to Rio apartment

A Brazilian court decided that ousted Nissan Chairman Carlos Ghosn or his daughter should have the right to access a contested Rio apartment to retrieve personal belongings, Reuters reported.

source http://www.autonews.com/article/20181212/OEM02/181219859/ghosn-access-brazil-apartment-court

BMW logistics get boost from U.S. grant

A $25 million U.S. transportation grant supporting the expansion of an inland port for containers will directly benefit logistics operations at BMW in South Carolina and other manufacturers in the region.

source http://www.autonews.com/article/20181212/OEM01/181219860/bmw-logistics-transportation-south-carolina

Cadillac XT6 crossover slated to debut at Detroit auto show

The large three-row vehicle will slot between the XT5 midsize crossover and the Cadillac Escalade large SUV -- white space the brand has needed to fill for some time.

source http://www.autonews.com/article/20181212/OEM04/181219865/cadillac-xt6-detroit-auto-show

New U.S. consumer watchdog chief lays out goals

The new head of the U.S. consumer financial watchdog on Tuesday said she intended to continue some of the work begun by her predecessor Mick Mulvaney, including a review of decades-old rules preventing lending discrimination against minorities.

source http://www.autonews.com/article/20181212/FINANCE_AND_INSURANCE/181219862/new-u-s-consumer-watchdog-chief-lays-out-goals

Trust your training

Trust your training, advises Eric Melon, president of sales at Innovative Aftermarket Systems.

source http://www.autonews.com/article/20181212/FINANCE_AND_INSURANCE/312139998/trust-your-training

Automakers, listen to your captives

Automakers should listen to their captive finance companies about which incentives would best move metal off dealerships' lots.

source http://www.autonews.com/article/20181212/BLOG13/181219866/automakers-listen-to-your-captives

China considers delay for tech-dominance plans amid trade war, report says

China is considering plans to delay some targets in its strategy to dominate high-end technologies and to put more focus on shaping industry standards, people familiar with the matter told Bloomberg.

source http://www.autonews.com/article/20181212/OEM01/181219867/china-trump-trade-politics

After years of growth, auto loan balance at banks drops

After at least six years of steady growth, banks' third-quarter auto loan balance decreased from the same period a year ago as credit unions' loan balance continued to grow, according to Experian.

source http://www.autonews.com/article/20181212/FINANCE_AND_INSURANCE/181219864/after-years-of-growth-auto-loan-balance-at-banks-drops

VW Passat to remain on old platform, update styling, tech for 2020

The 2020 Volkswagen Passat will receive new exterior styling, more standard safety equipment and an updated instrument panel but it won't land on a new platform or feature a new powertrain as the automaker, citing the shrinking midsize car market,...

source http://www.autonews.com/article/20181212/OEM04/181219880/vw-to-keep-passat-on-old-platform-update-styling-tech-for-2020

Financing concerns weigh on auto dealers in Q4, Cox survey finds

Alongside affordability challenges, high interest rates and difficulty obtaining credit for customers have clouded dealers' typically rosy outlooks, according to Cox Automotive's Dealer Sentiment Index survey.

source http://www.autonews.com/article/20181212/FINANCE_AND_INSURANCE/181219868/financing-concerns-weigh-on-auto-dealers-in-q4-cox-survey-finds

Audi's Schot appointed CEO on permanent basis

Audi marketing expert Bram Schot will become the luxury brand's CEO on Jan. 1, making permanent a role he has held on an interim basis since June.

source http://www.autonews.com/article/20181212/OEM02/181219869/audis-schot-appointed-ceo-on-permanent-basis

First Shift: Nissan to expand probe to European ventures

Nissan to expand probe to European ventures; Hyundai names Biermann RandD chief; Ohio senators to GM: Build EVs in U.S.; Peek at '20 VW Passat; Magna's futuristic cabin.

source http://www.autonews.com/article/20181212/VIDEO/312129969/first-shift-nissan-to-expand-probe-to-european-ventures

Renault tells Nissan not to contact its board members, report says

Renault has told alliance partner Nissan not to contact its directors ahead of a Renault board meeting on Thursday, a source told Reuters.

source http://www.autonews.com/article/20181212/OEM01/181219870/renault-tells-nissan-not-to-contact-its-board-members-report-says

VW expects new EV platform to give it an edge over rivals

Volkswagen says the MEB platform that will underpin its I.D. electric-vehicle family will be even more scalable than the MQB architecture used for 80 percent of the group's combustion engine cars.

source http://www.autonews.com/article/20181212/OEM05/181219873/vw-expects-new-ev-platform-to-give-it-an-edge-over-rivals

Ghosn seen as liability as French president battles elitist image

As Renault's largest shareholder, the French government might be expected to stand up for Carlos Ghosn as he fights charges in Japan that he underreported tens of millions of dollars.

source http://www.autonews.com/article/20181212/OEM02/181219874/ghosn-scandal-french-politics

Nissan spells out allegations on Ghosn to Renault

Nissan took the first comprehensive steps to share details with Renault about allegations against Carlos Ghosn in a move that may help ease a climate of suspicion that has clouded their partnership.

source http://www.autonews.com/article/20181212/OEM02/181219877/nissan-renault-scandal-japan-criminal