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U.S. auto sales forecast to slip in April as retail demand slumps

It's becoming increasingly clear that U.S. new-vehicle sales have passed their peak, with April expected to mark the industry's fourth consecutive monthly decline......»»

Source:  AutonewsCategory: Auto2 hr. 38 min. ago Related News

VW"s charging station plan for Calif. faces objections from competitors

Major automakers and other groups are raising objections to the way VW wants to spend $2 billion on electric vehicle infrastructure and projects, as part of VW's atonement for emissions cheating......»»

Source:  AutonewsCategory: Auto3 hr. 2 min. ago Related News

Superior Industries Q1 net income falls 79%

Superior Industries posted a 79 percent plunge in first-quarter net income to $3.1 million, saying it experienced higher costs and lower unit sales in the quarter......»»

Source:  AutonewsCategory: Auto3 hr. 2 min. ago Related News

Sonic swings to Q1 loss on refinancing costs, weak sales

Sonic swung to a first-quarter loss of $541,000 from a year-earlier net profit of $14.6 million as the dealership group took a hit from refinancing its debt. Weak retail sales didn't help......»»

Source:  AutonewsCategory: Auto3 hr. 54 min. ago Related News

Sonic Q1 net swings to loss on refinancing costs, weak sales

Sonic swung to a first-quarter loss of $541,000 from a year-earlier net profit of $14.6 million as the dealership group took a hit from refinancing its debt. Weak retail sales didn't help......»»

Source:  AutonewsCategory: Auto5 hr. 2 min. ago Related News

Trump tax plan likely won"t include border-adjusted tax

The Trump administration will propose a corporate tax rate reduction to 15 percent, but the White House likely won't support the controversial border-adjusted tax to replace lost revenue......»»

Source:  AutonewsCategory: Auto5 hr. 38 min. ago Related News

Penske Automotive"s Q1 net rises 3.5% on acquisitions, U.K.

Penske Automotive's first-quarter net income rose 3.5 percent from a year earlier, as acquisitions and strong sales at its U.K. dealerships pushed revenue to a record for the quarter......»»

Source:  AutonewsCategory: Auto6 hr. 10 min. ago Related News

Canadian supplier Linamar at center of Trump-NAFTA clash

Going global has paid off handsomely for Linamar. Enter Donald Trump. The U.S. president's election is the latest in a string of populist, anti-globalization events. Linamar CEO Linda Hasenfratz is undaunted......»»

Source:  AutonewsCategory: Auto9 hr. 10 min. ago Related News

Automakers ask California to ease rules for self-driving car tests

Automakers urged California to further ease its proposed regulations for autonomous vehicles, saying the state did not respond to their earlier objections by making enough revisions to its planned set of rules for self-driving cars......»»

Source:  AutonewsCategory: Auto10 hr. 10 min. ago Related News

Hyundai goes to Antarctica

In the latest video to top our weekly viral video charts, Hyundai helps finish a 100-year old expedition......»»

Source:  AutonewsCategory: Auto17 hr. 18 min. ago Related News

New York attorney general cites 104 dealerships for selling vehicles with open recalls

New York's attorney general has reached legal settlements with 104 dealerships it identified as having sold vehicles without disclosing open safety recalls......»»

Source:  AutonewsCategory: AutoApr 25th, 2017Related News

Self-driving testing center gets $15 million from Michigan

A Michigan state government fund approved an additional $15 million for the construction of the American Center for Mobility at Willow Run in Ypsilanti Township, Mich......»»

Source:  AutonewsCategory: AutoApr 25th, 2017Related News

Jaguar expands XF lineup with Sportbrake wagon

Jaguar said the XF Sportbrake, a four-door wagon with a large, sloping glass roof, will join its U.S. lineup this year. It will be the first Jaguar wagon to be offered in the U.S. since the short-lived X-Type......»»

Source:  AutonewsCategory: AutoApr 25th, 2017Related News

Is the world ready for an electric MG?

MG, the former British automaker once known in the U.S. for its affordable sports cars, is not only alive and well, it's reportedly about to introduce something far more advanced than the last car it's remembered for in the States......»»

Source:  AutonewsCategory: AutoApr 25th, 2017Related News

Hyundai mobile app exposed cars to high-tech thieves, researchers say

Software vulnerabilities in a Hyundai app that lets a car be started remotely made the company's vehicles susceptible to theft for three months before the company fixed the bug in March......»»

Source:  AutonewsCategory: AutoApr 25th, 2017Related News

Flex-N-Gate breaks ground for $95 million plant in Detroit

Flex-N-Gate broke ground on a $95 million plant on Detroit's east side that Mayor Mike Duggan touted as the largest supplier investment in the city in more than two decades......»»

Source:  AutonewsCategory: AutoApr 24th, 2017Related News

Buffett seeks exemption from Texas law

Warren Buffett has run afoul of the same Texas law that prevents Elon Musk from selling Teslas at factory-owned stores......»»

Source:  AutonewsCategory: AutoApr 24th, 2017Related News

GM bid to block ignition-switch suits rejected by Supreme Court

GM's efforts to block hundreds of lawsuits over its ignition-switch defects broke down when the Supreme Court refused to hear its appeal claiming the suits were barred by the automaker's 2009 bankruptcy......»»

Source:  AutonewsCategory: AutoApr 24th, 2017Related News

GM"s bid to block ignition-switch suits rejected by Supreme Court

GM's bid to block hundreds of lawsuits over its ignition-switch defects broke down when the Supreme Court refused to hear its appeal claiming the suits were barred by the automaker's 2009 bankruptcy......»»

Source:  AutonewsCategory: AutoApr 24th, 2017Related News

Mazda names chief marketing officer for U.S.

Mazda North American Operations appointed Dino Bernacchi to its newly created chief marketing officer position for U.S. operations......»»

Source:  AutonewsCategory: AutoApr 21st, 2017Related News