Automotive News

Nissan's price-cutting strategy to gain share worries competitors

Nissan Motor Co.'s take-no-prisoners approach to gaining U.S. market share has the auto industry worried that a price war is brewing that will erode the profit progress made since the recession ravaged auto sales.

Chrysler agrees to recall 1.6M vehicles to address fire risks

Reversing course under government pressure, Chrysler Group LLC agreed Tuesday to recall 1.56 million older Jeep models for what federal safety regulators say are fire risks caused by gas tanks that leak after rear-end collisions. The government blames such collisions for the deaths of at least 51 people driving Jeep SUVs.

Ford to double engine production in China

Ford Motor Co. is doubling engine production in China, company CEO Alan Mulally said Wednesday from Chongqing, China.

Report: Johnson Controls mulling breakup of electronics unit

Johnson Controls Inc., the largest U.S. auto-parts maker, may consider breaking up its electronics unit and selling the pieces if it doesn't get a strong enough bid for the business, people with knowledge of the matter said.

NHTSA investigating problems in Suzuki SUVs

Washington — The National Highway Traffic Safety Administration said it is opening an investigation into 205,000 Suzuki vehicles over airbag complaints.

Auto sales in Europe down another 5.9%

After a one-month respite, European auto sales resumed their slide in May, dropping another 5.9 percent.

Report: Aston Martin owner asking lenders for 50% cut on debt

Investment Dar Co., a shareholder in luxury British carmaker Aston Martin, is asking creditors to take a 50 percent writedown on the Kuwaiti company's debt as it seeks to meet repayments after defaulting on a loan three years ago, according to three people familiar with the matter.

Ford applies lessons of U.S. crisis in Europe upswing

The slump in European auto sales that has prompted plant closings and layoffs may finally be turning the corner for Ford Motor Co.

NHTSA chief: No deadline to finalize car backup cameras

National Highway Traffic Safety Administration chief David Strickland says he has no time frame for finalizing delayed rear-visibility rules that would require automakers to install back-up cameras in all new vehicles.

2014 Fiat 500L to go on sale this month

Chrysler Group LLC said Monday that its new 2014 Fiat 500L will go on sale later this month with a starting price of $19,100, plus $800 destination fee.

Buttons, knobs to return to MyFord Touch system

Ford Motor Co. is planning to bring back buttons and knobs to help complement — but not replace — the touchscreen on its MyFord Touch infotainment system.

Fiat reportedly to get $2.7B refinancing before Chrysler deal

Fiat SpA, Italy's biggest manufacturer, will raise a 2 billion-euro ($2.7 billion) loan ahead of its planned merger with Chrysler Group LLC, according to two people with knowledge of the matter.

GM names new vice president of North America manufacturing

General Motors Co. said Monday it has named 33-year company veteran Gerald Johnson as its vice president of North America manufacturing, effective July 1.

Tennessee officials lobby for Fiat-Chrysler HQ

State officials are making the case to Fiat head Sergio Marchionne to select Tennessee for the Italian automaker's joint headquarters with Chrysler Group LLC.