In a U.S. market with an almost insatiable appetite for spacious crossovers and SUVs, there's plenty of room for their bite-size counterparts.
from Section Page News - Automotive News http://bit.ly/2WIbRIE via Falls Church auto repair
In a U.S. market with an almost insatiable appetite for spacious crossovers and SUVs, there's plenty of room for their bite-size counterparts.
Many dealers say that cutting vendor costs is a priority this year. The reviews follow a year in which the average U.S. light-vehicle dealership reported a loss on operations for the first time in at least a decade.
Subaru is working to double its force of technicians to 13,000 in the next four years to address a shortage spurred by growing sales.
Tiberina Group, a supplier of body-in-white and metal stampings for the auto industry, acquired 10 acres of land at the former American Axle site near downtown Detroit.
"We all know the narrative: cars are dead are dying. That's certainly true for some, but not for us. Our story is a little different," said American Honda's Henio Arcangeli Jr.
The business group is exploring legal questions and keeping options open, said Neil Bradley, executive vice president and chief policy officer at the U.S. Chamber of Commerce.
German prosecutors are investigating whether VW executives, including CEO Herbert Diess and Chairman Hans Dieter Poetsch, should have made a regulatory disclosure to inform investors about the emissions cheating scandal in 2015.
NHTSA said in documents posted to its website that it received four complaints that seat belts failed in several crossover nameplates after recall repairs were made. No injuries were reported.
Railing against a wave of illegal immigrants across the southern U.S. border, President Trump threatened all goods from Mexico with a 5 percent tariff, and would increase the duty each month until it hits 25 percent on Oct. 1, unless Mexico takes immediate action. Shares of automakers and suppliers tumbled.
Ford said it will attend the Frankfurt auto show in September in a boost for the event after rivals such as Toyota, Renault and all of Fiat Chrysler's marques decided to skip the event. So far, 22 brands have decided not to exhibit in Frankfurt.
Renault directors will decide whether to open formal talks with FCA over a $35 billion merger offer. France, Renault's biggest shareholder with a 15 percent stake, reiterated its support for the deal on Friday - on condition that it preserve French industrial jobs and sites, safeguard an alliance with Nissan and sign up to a nascent European battery manufacturing project.
Railing against a surge of illegal immigrants across the southern U.S. border, President Trump said he would hit all goods coming from Mexico with a 5 percent tariff, and would increase that each month until reaching 25 percent on Oct. 1, unless Mexico takes immediate action.
A promise by Fiat Chrysler to deliver 5 billion euros ($5.6 billion) of savings in its merger with Renault without closing plants looks brave to some analysts, given the Italian automaker’s surplus capacity in Europe.
Railing against a surge of illegal immigrants across the southern U.S. border, President Trump said he would hit all goods coming from Mexico with a 5 percent tariff, and would increase that each month until reaching 25 percent on Oct. 1, unless Mexico takes immediate action.
Railing against a surge of illegal immigrants across the southern U.S. border, President Trump said he would hit all goods coming from Mexico with a 5 percent tariff, and would increase that each month until reaching 25 percent on Oct. 1, unless Mexico takes immediate action.
The Trump administration took a procedural action aimed at speeding up a vote in Congress on the new North American trade deal, but the move rankled House Speaker Nancy Pelosi, who has sought more time to review the pact.
The 5 percent tariff would take effect on June 10 “until such time as illegal migrants coming through Mexico, and into our country, STOP,” Trump said in a Twitter post late Thursday.
GM executives broadly detailed the strategy changes when unveiling one of two V-series models of the new 2020 CT4 and 2020 CT5 sedans, which will go on sale in early 2020.
The 5 percent tariff would take effect on June 10 “until such time as illegal migrants coming through Mexico, and into our country, STOP,” Trump said in a Twitter post on Thursday night.
GM executives broadly detailed the strategy changes when unveiling one of two V-series models of the new 2020 CT4 and 2020 CT5 sedans, which will go on sale in early 2020.
Uber’s loss in its first quarterly report as a public company affirmed the challenges the company faces while spending heavily to fend off ride-hailing and delivery rivals. Uber's CFO said the company also had begun to see "less aggressive pricing" by competitors.
The White House plans to trigger a process that would allow President Trump to submit his new trade deal with Canada and Mexico to Congress within 30 days, a challenge to House Speaker Nancy Pelosi who had warned against such a step.
In his disclosure, Fiat Chrysler CEO Mike Manley declared selling 250,000 shares at an average price of $13.85 for a total value of $3.5 million.