Top News:
- GMC shows off refreshed 2016 Sierra pickups – Detroit News: 2016 GMC Sierra pickups, available this fall, get new front fascia, grille, bumper and ‘C-shaped’ LED lights
- FCA’s Marchionne Still Undecided about Wrangler Plant – Detroit Bureau: The final decision on whether to revamp the Toledo factory that now builds the Jeep Wrangler or find another location still isn’t final yet, according to the FCA US’ top executive.
- Subaru recalls 32,400 compact cars to fix air bag issue – Detroit News: The recall affects certain four-door and station wagon Imprezas from the 2012 model year
- An Identity Thief Explains the Art of Emptying Your Bank Account – Bloomberg: What color was the car you bought in 2004? Each time Amex puts him on … Selling cars wasn’t the career he’d planned. When he graduated in 2004,…
- Porsche to spend 1.1 bln euros to upgrade German plants – Reuters: * Porsche to refrain from redundancies through 2020 (Adds CEO comment, detail and background)
- Carmakers eye golden Iranian opportunity – FT: Groups jostle for position as once-closed economy opens its doors again
- Peugeot aims to take driving seat in Iran – FT: Carmaker has deal in place to distribute luxury brand, but is eyeing production plans
- Sensor upgrade key to autonomous within decade: Daimler – Just-auto: Daimler estimates autonomous cars will be on specially selected highways within the decade as sensor technology progressively upgrades
- Fiat Chrysler boss says no plans for another GM offer -New York Times – Reuters: The chief executive of Fiat Chrysler Automobiles (FCA) Sergio Marchionne does not plan to make another offer to merge with General Motors after being rejected by its U.S. rival four months ago, the New York Times quoted him as saying.
- Italian luxury car maker Maserati to re-enter Indian market – Reuters: Maserati says plans to open three dealerships in third quarter of 2015 to sell its cars Further company coverage: (Reporting By Aditi Shah in NEW…
- Toyota taps GoPro to defend truck turf against new GM pickups – Automotive News: It’s lights, camera, and action time in America’s suddenly competitive small-pickup segment. The market for small pickups was whittled down to just Toyota and Nissan a year ago. Now GM has returned to the segment with 2 trucks.
- Mobileye Offers Alternative Route to Google’s Driverless Future – Bloomberg: Gliding through traffic along Highway 1, the car slows and accelerates … according to the average estimate of 11 analysts surveyed by Bloomberg.
- Uber Reaches Settlement Over 6-Year-Old Killed Crossing Street – Bloomberg: Uber Technologies Inc. reached a tentative settlement with the family of a child killed in San Francisco by a car linked to the company. Terms of the…
- Honda to Settle Discriminatory Lending Allegations – WSJ: Honda Motor Co.’s American finance arm agreed to pay $25 million to settle federal authorities’ allegations that it charged higher loan rates to minority customers.
- Automakers unite to prevent cars from being hacked – Fortune: However, this world of connected vehicles involving on board computers … Google has been busy developing its own self-driving car, so one would…
- Airbag Flaw Investigated at ARC Automotive – New York Times: Safety regulators are investigating airbag inflaters made by ARC Automotive, a supplier that uses the same explosive compound that has plagued inflaters made by Takata.
- Marchionne, Chief of Fiat Chrysler, Backs Away From GM Bid – New York Times: Four months after his proposal to merge with General Motors was rejected, Sergio Marchionne, the chief executive of Fiat Chrysler Automobiles, said…
- All-new Ladas caught in final testing – Autocar: All-new Lada Vesta saloon is 4.4m long and will be revealed this autumn in showroom spec ending two-tier wages – CBS News: Fiat Chrysler (FCUA) CEO Sergio Marchionne and United Auto Workers President Dennis Williams agree on at least one thing: getting rid…
- Fiat Chrysler in talks to head off NHTSA fines over recalls – Automotive News: Fiat Chrysler Automobiles is in talks with U.S. auto safety regulators to head off potential fines over the company’s handling of recalls involving 11 million vehicles, CEO Sergio Marchionne said Tuesday.
