English Press / Presse anglaise

Lithia Q4 net income nearly doubles on stronger sales, DCH store integration

Automotive Business Review - 25 févr. 2015 - 15:38
Strong sales across all divisions and the integration of its purchase last year of DCH Auto Group pushed Lithia Motors Inc. to nearly double net income during the fourth quarter compared with the year-ago period.

Blazing-fast McLaren 675LT to debut in Geneva

Automotive Business Review - 25 févr. 2015 - 15:20
British sports car manufacturer McLaren Automotive plans to introduce the 675LT at next week's Geneva auto show. The sleek coupe can top 120 mph in a faster amount of time than many normal cars can get to 60 mph.

Magna cuts sales forecast on weak Europe demand, approves stock split

Automotive Business Review - 25 févr. 2015 - 13:01
Canadian auto parts maker Magna International Inc. cut its revenue forecast for 2015, hurt by weak demand from Europe.

Toyota says union pay demand 'impossible' because costs would jump

Automotive Business Review - 25 févr. 2015 - 12:19
Toyota rebuffed the largest wage increase proposal from its union since 1998, saying the raise would lift costs by about $168 million.

Toyota says Japanese union pay demand 'impossible' because costs would jump

Automotive Business Review - 25 févr. 2015 - 12:19
Toyota rebuffed the largest wage increase proposal from its union since 1998, saying the raise would lift costs by about $168 million.

Jaguar Land Rover 'is indeed looking' at N.A. plant, Tata says

Automotive Business Review - 25 févr. 2015 - 05:16
Jaguar Land Rover is "indeed looking at North America as a location for another plant," said the chairman emeritus of owner Tata. His statement marks official confirmation of the British luxury maker's factory hunt.

JPMorgan says U.S. examining racial disparities on car loans

Automotive Business Review - 25 févr. 2015 - 05:03
JPMorgan Chase, the largest US bank, said it's in talks with the Department of Justice about possible racial disparities in markups that auto dealers charged on loans.

Tata plans image lift for ultracheap Nano

Automotive Business Review - 25 févr. 2015 - 00:43
Tata Motors, producer of the car conceived as the world's cheapest, is rethinking the 'cheap' part of it.

Group 1 director resigns citing Buffett-Van Tuyl deal

Automotive Business Review - 24 févr. 2015 - 23:27
Group 1 Automotive board member Beryl Raff has resigned, citing a potential conflict of interest related to her employer, Berkshire Hathaway, and its pending purchase of the Van Tuyl dealership group. Raff gave up her seat on Feb.

Auto loan securitization probed by U.S., states

Automotive Business Review - 24 févr. 2015 - 22:50
The Justice Department and state authorities are looking into the securitization of auto loans for possible fraud as part of an effort to seek out emerging areas of abuse, Acting Deputy Attorney General Sally Quillian Yates said.

Cooper Standard pares Q4 losses to $12.8 million

Automotive Business Review - 24 févr. 2015 - 21:52
Cooper-Standard Holdings Inc., facing foreign currency issues and soft sales on key programs in North America, said it lost $12.8 million in the fourth quarter of 2014. That was an improvement over the $20.

Faurecia N.A. boss Heneka to retire March 1; Stidham named new president

Automotive Business Review - 24 févr. 2015 - 21:12
Mike Heneka, who led an immense expansion effort in the US as president of Faurecia North America, will retire on March 1, the seating and emissions systems supplier said today.

Buick cracks top 10 on Consumer Reports report card; Acura, Mercedes, Infiniti drop

Automotive Business Review - 24 févr. 2015 - 18:45
Buick climbed into the Top 10 while Acura, Infiniti and Mercedes-Benz fell hard in the latest report card on reliability and performance from Consumer Reports. Lexus finished No. 1 for the third straight year, ahead of a rising Mazda.

Dealertrack reports revenue gains for Q4, all of 2014

Automotive Business Review - 24 févr. 2015 - 18:02
Dealertrack Technologies, which supplies a wide variety of auto dealership retail software and services, said it posted revenue gains across the board during the fourth quarter of 2014 -- including organic growth of more than 20 percent.

Canadian railroad reaches tentative deal with union, averting lockout

Automotive Business Review - 24 févr. 2015 - 17:39
Canada's biggest railway reached a last-minute tentative agreement with one of its unions on Monday, averting a lockout that threatened to delay imports from Asia and compound a US West Coast port logjam.

GKN looks to car market for growth

Financial Times - 24 févr. 2015 - 15:19
Engineering group aims to offset aero and farming slowdown

Sonic reports progress toward 45-minute transaction goal

Automotive Business Review - 24 févr. 2015 - 15:01
Sonic Automotive said today its new One Sonic-One Experience program to speed up transactions is making progress toward hitting its goal of cutting closing times to 45 minutes on average.

Sonic's Q4 revenue rises 2%, income dips

Automotive Business Review - 24 févr. 2015 - 15:01
Sonic Automotive, the nation's fourth largest dealership group, reported increases in revenue for both the fourth quarter and full-year 2014.

Europe talks tough with China regulators

Financial Times - 24 févr. 2015 - 14:40
EU and the US take different approaches to Chinese investigations

Upgrade envy has drivers trading in cars as often as iPhones

Automotive Business Review - 24 févr. 2015 - 13:26
Mike Fine was perfectly happy with his 2011 Nissan Xterra. Then he got a look at his son's ride. The 2015 Jeep Grand Cherokee was packed with technology: a touchscreen loaded with apps, Bluetooth, all-wheel drive and push-button start.
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