US Automotive News

Ford Has Found an Amazing Way to Reuse Cash the Federal Reserve Would Otherwise Burn – TheStreet.com

A noted supporter of recycling, auto legend Henry Ford would be proud to know his spirit of conservation is still alive and well in the company that bears his name. And in fact, as TheStreet learned on a recent trip to Ford’s (F) Dearborn, MI. headquarters, the founder’s recycling efforts have been taken to a whole other level. Within Ford’s Plastics and Materials Sustainability Research Department, which is tasked with…

Posted: Monday, June 26, 2017

NASCAR Sonoma 2017 results: Kevin Harvick wins Toyota/Save Mart 350 – SB Nation

Kevin Harvick drove away from the field, then saved enough fuel to win the Toyota/Save Mart 350 Sunday at Sonoma Raceway. Harvick beat second-place finisher and Stewart-Haas Racing teammate Clint Bowyer by eight seconds. It was Harvick’s first victory of the 2017 Monster Energy Cup Series season and first-ever at Sonoma, one of two road courses on the schedule. He snapped a 20-race winless streak dating to October 2016 at…

Posted: Monday, June 26, 2017

Mazda CX-5 review: One of the best compact crossovers on the market – CNBC

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Posted: Monday, June 26, 2017

Honda identifies problem part in engine failures – Indianapolis Star

x Embed x Share CLOSE Motor Sports insider Jim Ayello previews this weekend’s IndyCar race in Wisconsin. Jim Ayello/IndyStar Buy Photo Fernando Alonso reacts to the crowd’s applause after climbing from his car. Alonso’s engine quit on him during the running of the 101st Indianapolis 500, at Indianapolis Motor Speedway, Sunday, May 28, 2017.(Photo: Doug McSchooler/for IndyStar)Buy Photo PLYMOUTH, Wis. — Honda Performance Development believes it has unearthed the answer…

Posted: Monday, June 26, 2017

Takata Bankruptcy Clouds Auto Industry’s Biggest Recall – Bloomberg

The bankruptcy of troubled air-bag maker Takata Corp. isn’t just a crisis for its employees and suppliers. It also throws a wild card into one of the biggest and most complicated recalls in automotive history. The auto-parts supplier has pledged to recall and replace tens of millions of defective air-bag inflators used by 19 car and truck makers around the world, from Tesla Inc. to Toyota Motor Corp. Takata filed…

Posted: Monday, June 26, 2017

Dodge to dealers: Mark up the Demon and pay the price – CNET

When Dodge put the Challenger and Charger Hellcat on sale, it was a bit of a mess between allocating stock to dealers, who routinely overpromised and marked cars up way beyond MSRP. Dodge is determined to not repeat those mistakes with the 2018 Challenger SRT Demon, and here’s how. In order for a dealer to be eligible to sell the Demon, it must have sold more than one Hellcat in…

Posted: Tuesday, June 20, 2017

Ford to invest $900 million in Kentucky plant – CNBC

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Posted: Tuesday, June 20, 2017

A Coming Pop For Fiat Chrysler – Seeking Alpha

Trying to game sales trends for automakers can be very difficult and doesn’t always translate to increases in share value. However, those who can find the right data points can make money trading stocks ahead of positive sales results. I suspect that could be the case with Fiat Chrysler (NYSE:FCAU) next month. Fiat Chrysler has a series of business and legal concerns but with those aside, the company could post…

Posted: Tuesday, June 20, 2017

Navy might get to skip Ford shock trials ahead of first deployment – DefenseNews.com

The Navy might not have to conduct shock trials on its new aircraft carrier. That means the Ford could be on deployment much sooner, easing the burden on the Navy’s overstretched carrier fleet. The House’s Seapower and Projection Forces Committee is inserting language in its markup of the 2018 National Defense Authorization Act that would strike the requirement to send the ship into shock trials before its first deployment. Carrying…

Posted: Tuesday, June 20, 2017

GM to open supplier park in Texas, bringing 850 jobs – Detroit Free Press

x Embed x Share CLOSE TODAY’S TOP STORIESSorry, your forecast for the weekend isn’t so great | 0:46 We’re looking at the possibility of rain and thunderstorms every day this weekend. Wochit x Embed x Share CLOSE TODAY’S TOP STORIESFree tuition from University of Michigan? It’s happening | 0:48 The University of Michigan will offer free tuition to in-state students whose families make under $65,000 a year. Detroit Free Press…

Posted: Saturday, June 17, 2017

US EPA Suspected Fiat Chrysler of Using ‘Defeat Device’ in 2015 – New York Times

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Posted: Saturday, June 17, 2017

Katie Dodge Rocks Onslow County With Hidden Surprises – U.S. News & World Report

Posted: Saturday, June 17, 2017

Old GM Vs. Today’s GM – Seeking Alpha

At a price to earnings ratio of 5.3 compared to an average PE of 8.4 for a group of automakers that includes Toyota (TM), Daimler (DAI), BMW (BMW), and Ford (F), General Motors (GM) is undervalued by at least 30%. Since all companies share the similar threats of peak auto-sales, it becomes clear that the market is uniquely valuing General Motors based on its history, not on the capital-intensive industry…

Posted: Saturday, June 17, 2017

Jumping too quickly at Ford buyout could prove to be a mistake – Detroit Free Press

x Embed x Share CLOSE About 15,000 Ford salaried workers in North America and Asia offered buyouts. They will know by Aug. 18 if they will stay or go by Sept. 30. Susan Tompor/Detroit Free Press The logo for the Ford Motor Company appears above a post on the floor of the New York Stock Exchange on May 16, 2017.(Photo: Richard Drew, AP) David Kudla posted one of those tweets…

Posted: Saturday, June 17, 2017

GM bringing 600 jobs to Texas from abroad – The Detroit News

An employee attaches brake components on a chassis at the GM Plant in Arlington, Texas, on May 1, 2015.(Photo: Nathan Hunsinger / TNS) General Motors Co. plans to open a new supplier park in Arlington, Texas, a move expected create 850 new jobs in the U.S., some of which will replace positions in foreign GM facilities. The supplier park will have two industrial manufacturing and warehouse buildings. Covering over 1.2…

Posted: Saturday, June 17, 2017

US EPA Suspected Fiat Chrysler of Using ‘Defeat Device’ in 2015 – New York Times

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Posted: Saturday, June 17, 2017

Old GM Vs. Today’s GM – Seeking Alpha

At a price to earnings ratio of 5.3 compared to an average PE of 8.4 for a group of automakers that includes Toyota (TM), Daimler (DAI), BMW (BMW), and Ford (F), General Motors (GM) is undervalued by at least 30%. Since all companies share the similar threats of peak auto-sales, it becomes clear that the market is uniquely valuing General Motors based on its history, not on the capital-intensive industry…

Posted: Saturday, June 17, 2017

Wall Street analysts are predicting US auto sales are doomed — but they couldn’t be more wrong – Business Insider

Keep on selling. Reuters •The US auto market could decline, but the fall won’t be devastating. •The industry is heading into a predictable cyclical downturn. •Analysts are overstating the potential damage to fuel a thesis about high-tech disruption. Barring a sales surge through the second half of 2017, it looks now as if the US market will only match, not beat, its record sales pace from the past two record…

Posted: Saturday, June 17, 2017

Toyota sets record in 24 Hours of Le Mans qualifying – ESPN

Facebook Twitter Facebook Messenger Pinterest Email print comment LE MANS, France — After losing to Porsche on the final lap last year, Toyota is back in force at the 24 Hours of Le Mans with superfast cars. Chasing a first victory at the endurance race, Toyota dominated qualifying at the Circuit de la Sarthe, with Kamui Kobayashi breaking the lap record with a time of 3 minutes, 14.791 seconds. That…

Posted: Saturday, June 17, 2017

GM and Tesla Shareholders Rebuff Dissidents’ Proposals – New York Times

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Posted: Wednesday, June 07, 2017