English Press / Presse anglaise

Wells Fargo nears $1 billion fine for auto loan, mortgage abuse

Automotive Business Review - 20 avr. 2018 - 03:12
The settlement with federal regulators, led by the CFPB, is expected to cite Wells Fargo's practice of forcing auto insurance on some customers who took out loans to buy new vehicles.

GM adds eBay CEO to board of directors

Automotive Business Review - 19 avr. 2018 - 23:06
GM CEO Mary Barra said Devin Wenig will bring "significant expertise in technology, global operations and strategic planning" to the automaker's board.

Tim Russi to leave Ally Financial

Automotive Business Review - 19 avr. 2018 - 21:04
Tim Russi, the Ally Financial auto finance president who led many digital initiatives and helped expand the lender's dealership reach, is leaving the post, effective immediately.

As GM mulls options, how does bankruptcy work in S.Korea?

Automotive Business Review - 19 avr. 2018 - 18:40
GM's Korean unit has warned that it would file for bankruptcy if there isn't a restructuring deal by Friday, as the operation is running out of cash to pay employees and suppliers amid slumping sales.

GM Korea, union fall short of deal before deadline

Automotive Business Review - 19 avr. 2018 - 18:31
Wage talks between GM's South Korean unit and its labor union ended without an agreement on Thursday, a day before the deadline the company has set for filing for bankruptcy.

GM Korea, union fail to reach deal before Friday deadline

Automotive Business Review - 19 avr. 2018 - 18:31
Wage talks between GM's South Korean unit and its labor union ended without an agreement on Thursday, a day before the deadline the company has set for filing for bankruptcy.

Ousted Cadillac chief Johan de Nysschen: 'It's not personal, it's business'

Automotive Business Review - 19 avr. 2018 - 17:58
Johan de Nysschen unapologetically challenged leadership and the Cadillac team, while drawing the ire of many U.S. dealers with his ambitious -- and contentious -- Project Pinnacle plan to overhaul the brand and its retailers.

Daimler may buy tiny stake in Volvo, report says

Automotive Business Review - 19 avr. 2018 - 16:24
Daimler is open to supplying Volvo with engines and could even take a small stake in the Swedish automaker, a German business magazine reported, raising the possibility of increased ties between Mercedes and Volvo's Chinese owner, Geely.

Daimler may buy small stake in Volvo Cars, report says

Automotive Business Review - 19 avr. 2018 - 16:24
Daimler is open to supplying Volvo with engines and could even take a small stake in the Swedish automaker, a report said, raising the possibility of increased cooperation between Mercedes and Volvo's China owner Geely.

PSA fight to slash Opel factory costs intensifies

Automotive Business Review - 19 avr. 2018 - 14:27
PSA's fight to cut production costs at Opel's German factories took on a national dimension with Chancellor Angela Merkel intervening to say she expected the French automaker to honor commitments it made when it bought Opel from GM last year.

Infiniti sets ambitious plan to hike China output

Automotive Business Review - 19 avr. 2018 - 13:14
Nissan's Infiniti luxury brand, looking to duck steep tariffs, aims to triple sales in the world's biggest auto market in five years by ramping up production of five new nameplates in China.

NAFTA talks resume amid push for quick deal

Automotive Business Review - 19 avr. 2018 - 12:34
The trio of ministers leading talks to retool NAFTA meet again in Washington beginning Thursday as they continue to push for a deal in principle within weeks.

Freudenberg mulls IPO for Vibracoustic unit

Automotive Business Review - 19 avr. 2018 - 11:09
German technology group Freudenberg will decide in the fall on an initial public offering in 2019 of its automotive vibration control technology business Vibracoustic.

Ford claims pickup mileage crown with 30 mpg rating on diesel F-150

Automotive Business Review - 19 avr. 2018 - 07:01
The first diesel F-150 will get 30 mpg highway, 22 mpg city and 25 mpg combined, according to EPA estimates, making it the most fuel-efficient full-size pickup when it hits showrooms in May.

Johan de Nysschen riffs, quips

Automotive Business Review - 18 avr. 2018 - 23:34
Johan de Nysschen, the ousted head of Cadillac who helped Volkswagen AG's Audi brand achieve U.S. prominence a decade ago and later steered Infiniti, has been one of the auto industry's most outspoken executives.

Tesla faces workplace safety probe at Calif. plant

Automotive Business Review - 18 avr. 2018 - 21:49
California's Division of Occupational Safety and Health opened a new investigation into Tesla following a report about worker protections at the company's plant in Fremont, Calif.

Tesla's key statistic in Autopilot defense comes under scrutiny

Automotive Business Review - 18 avr. 2018 - 21:26
Tesla's ardent defense of its Autopilot system is getting heat from safety advocates who question a key data point the company has been citing to plead its case.

Ford revives Mustang Cobra Jet for 50th anniversary

Automotive Business Review - 18 avr. 2018 - 21:25
The automaker said the new Cobra Jet will be the fastest Mustang to ever come from the factory, with a quarter-mile time of about 8.5 seconds and a top speed of more than 150 mph.

Ford to revive Mustang Cobra Jet for its 50th anniversary

Automotive Business Review - 18 avr. 2018 - 21:25
The automaker said the new Cobra Jet will be the fastest Mustang to ever come from the factory, with a quarter-mile time of about 8.5 seconds and a top speed of more than 150 mph.

Maryland sends recall reminders to 40,000 drivers

Automotive Business Review - 18 avr. 2018 - 19:26
Under a new initiative, the Maryland Motor Vehicle Administration has reminded 40,000 motorists that their vehicles have been recalled for safety defects and should be taken to a franchised dealership to be fixed at no charge.
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