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Automotive News Automaker News Feed » Honda elevates top U.S. exec to bolster North America

Posted 41 minutes ago

Honda is expanding the role of North America COO Tetsuo Iwamura -- making him the automaker's second-highest global executive and marking the first time such a position has been based in the United States. [Link]

Automotive News Automaker News Feed » Chevrolet dealership in Oklahoma City faces court in GAP dispute

Posted 41 minutes ago

A mandatory arbitration provision in a Chevrolet store's sales contract doesn't extend to a dispute over a GAP policy the customer bought from the dealership three days later, the Oklahoma Supreme Court has ruled. [Link]

Automotive News Automaker News Feed » Ford to pump $3.8 billion into pension plan

Posted 41 minutes ago

Ford is pouring $3.8 billion into its global pension plan this year and will invest its plan assets more heavily in bonds, as the automaker moves more aggressively to minimize its pension risks in a shaky market. [Link]

Automotive News Automaker News Feed » Mini's coming Clubvan is a puzzler

Posted 41 minutes ago

The Mini brand has done a successful job of slicing and dicing to create a model line. But tooling up this new model? I don't get it. [Link]

Automotive News Automaker News Feed » Ford concept hints at design of next light-duty Transit van

Posted 41 minutes ago

Ford will take the wraps off the Tourneo Custom concept next month at the Geneva auto show, a styling exercise that shows the design direction for the redesigned Ford Transit. [Link]

Automotive News Automaker News Feed » Daimler decreases CEO Zetsche's pay despite record profit

Posted 41 minutes ago

Daimler has reduced the compensation of CEO Dieter Zetsche, despite posting record profit in 2011. Zetsche's reward for 2011 is currently calculated at 8.65 million euros ($11. [Link]

Automotive News Automaker News Feed » Mazda eyes $2 billion share offering as strong yen bites

Posted 41 minutes ago

Mazda said today it was looking to raise up to 162.8 billion yen ($2 billion) in its second public share offering in 2-1/2 years, underscoring the Japanese automaker's vulnerability to the stubbornly strong yen. [Link]

Automotive News Automaker News Feed » Akersons donate $1 million to Habitat for Humanity

Posted 85 minutes ago

General Motors CEO Dan Akerson and his wife, Karin, will donate $1 million today to start a Habitat for Humanity initiative called Leaders to ReBuild Detroit. [Link]

Automotive News Automaker News Feed » Ford hikes director compensation by 25%; boosts Edsel Ford II fee

Posted 89 minutes ago

Ford boosted annual compensation for board members by 25 percent and will pay 29 percent more to Edsel Ford II, its founder's great-grandson, for his work as a director and consultant. [Link]

Automotive News Automaker News Feed » GM's Lauckner to replace retiring Stephens as technology chief

Posted 116 minutes ago

General Motors said today it has named Jon Lauckner vice chairman and chief technology officer, effective April 1. He will replace Tom Stephens who retires on that date. [Link]

msnbc.com: Autos » Honda recalling 46,000 vans to fix rear doors

Posted 15 hours ago

Honda is recalling nearly 46,000 Odyssey minivans in the U.S. because the rear doors can fall on people unexpectedly, and have on at least two occasions. [Link]

Automobile Magazine News » Sneak Preview: Lamborghini

Posted 17 hours ago

Sneak Preview: LamborghiniLamborghini will replace the Gallardo and add a third model range.Stephan Winkelmann is master of Lamborghini, but the fate of his company and the type of products he must sell are decided elsewhere. What we are witnessing right now is a struggle for power and a fight for responsibilities among Volkswagen, Audi, and, to a certain extent, Porsche. ... [Link]

msnbc.com: Autos » Battery car start-ups race to prove critics wrong

Posted 18 hours ago

Fisker Automotive and Tesla Automotive have run into speedbumps on the road to producing a viable battery car. But they aren't giving up. [Link]

Automotive News Automaker News Feed » GM, Peugeot in advanced alliance talks, reports say

Posted 24 hours ago

PSA Peugeot Citroen, Europe's No. 2 automaker, said it is in talks to explore alliances but did not name its possible partners, after media reports said it was in advanced discussions with GM. [Link]

Automotive News Automaker News Feed » Peugeot, GM in advanced alliance talks, reports say

Posted 24 hours ago

PSA Peugeot, Europe's No. 2 automaker, said it is in talks to explore alliances but did not name its possible partners, after media reports said it was in advanced discussions with GM. [Link]

Automotive News Automaker News Feed » Ford concept hints at design of next light-duty Transit van

Posted 24 hours ago

Ford will take the wraps off the Tourneo Custom concept next month at the Geneva auto show, a styling exercise that shows the design direction for the redesigned Ford Transit. [Link]

Automotive News Automaker News Feed » Tata will double annual investments in Jaguar Land Rover

Posted 24 hours ago

Tata Motors will double investments in its Jaguar Land Rover brands to $2.4 billion a year, even as the Indian automaker warned that it will be a challenge to sustain high margins at its key profit generator. [Link]

Automotive News Automaker News Feed » New Mercedes-Benz SL63 AMG revealed

Posted 24 hours ago

Mercedes-Benz used today's Formula One test session at Barcelona as the backdrop for the unveiling of its latest performance car, the SL63 AMG. [Link]

Automotive News Automaker News Feed » U.S. Honda boss reinstated to parent-company board

Posted 24 hours ago

The head of American Honda, Testuo Iwamura, is being promoted and reinstated as a member of the company's board of directors in June. [Link]

Automotive News Automaker News Feed » Dana posts $63 million Q4 profit, hires former Visteon CFO as finance chief

Posted 24 hours ago

Ohio-based supplier Dana Holding posted a quarterly profit, helped by lower expenses, and said its Chief Financial Officer James Yost will step down in March. The company said it replaced Yost with former Visteon Corp. CFO William Quigley. [Link]

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