Automotive News Breaking News Feed (10 сообщений)

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• Booming North America sales lift Subaru parent profit to record
  Subaru's booming North America business fueled a quadruple leap in parent company operating profit, and the carmaker expects even sunnier results from its American cash cow.
  

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• Penske Q2 profits surge
  Penske Automotive Group's second-quarter net income and revenue rose at a double-digit clip, driven by strong new- and used-car sales, gains in service and parts revenue and continued cost controls.
  

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• L.A. auto show confirms world debuts for 9 brands
  The 2013 Los Angeles Auto Show has confirmed that it will host world debuts from BMW, Chevrolet, Ford, Honda, Mercedes-Benz, Mini, Porsche, Subaru and Volkswagen.
  

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• Delphi Q2 profit rises 11% to $367 million
  Delphi Automotive posted a stronger-than-expected second-quarter profit but the auto parts supplier offered a weaker-than-anticipated forecast for the current quarter.
  

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• Per-dealership sales projected to hit another record before plateau
  The average number of unit sales per U.S. dealership will continue to rise this year, driving dealership profitability higher, before leveling off next year, a new report says.
  

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• Ally's 2nd-qtr. loss widens on mortgage woes; auto lending profitable
  Ally Financial's losses widened to $927 million in the second quarter, mostly related to its former mortgage subsidiary, but its core auto finance business posted a pretax profit on continuing operations of $382 million, down 13 percent from a year...
  

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• Denso's quarterly profits surge on yen gains
  Denso's profits surged in the quarter that ended June 30, in part because of currency gains, as revenue rose on higher vehicle production in North America and emerging markets, the world's second-largest automotive parts supplier said today.
  

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• VW unfazed by U.S. lull as luxury brands gain
  Volkswagen executives are content with the automaker's performance in the United States, despite a slowdown that led the VW brand to cut its 2013 sales target.
  

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• Leasing helps fuel highest U.S. sales since 2007
  The momentum for leasing is driving car and light truck sales to a six-year high in the United States. Sales may climb 15 percent for July to 1.33 million, the average estimate of nine analysts in a survey by Bloomberg News.
  

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• Fiat fails to persuade judge to put price on Chrysler share
  Fiat failed to persuade a judge to set the value of some Chrysler Group LLC shares now owned by a union health-care fund, delaying a plan to combine the two companies.
  

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Automotive News Breaking News Feed (10 сообщений)

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• TRW posts stronger Q2 profits, boosts sales outlook
  Auto parts supplier TRW Automotive Holdings today posted stronger second-quarter profits due to increased demand for cars and trucks in North America and China, and boosted its full-year sales outlook.
  

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• Chrysler profit rises 16% to $507 million
  Chrysler, riding sales gains in the United States and globally, reported net income of $507 million in the second quarter as strong sales of pickups and SUVs led the automaker to its eighth consecutive quarterly profit.
  

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• Mercedes leads U.S. in luxury-car theft as criminals target NYC
  Mercedes-Benz vehicles were the most sought-after luxury brand among car thieves in the United States from 2009 through 2012 as the New York City region had the greatest number of thefts, an insurance-industry group said.
  

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• Fiat profit rises as spending cuts narrow European losses
  Fiat reported better-than-expected second-quarter profit, boosted by spending cuts in Europe and stronger sales of Ram pickups in the United States.
  

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• Toyota stands pat as full-sized pickups evolve
  While redesigned pickups from Ram and GM have new underpinnings and running gear -- as will next summer's Ford F-150 replacement -- Toyota has kept the Tundra's powertrain and platform largely intact for 2014.
  

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• GM picks interim powertrain chief following dismissals linked to India troubles
  General Motors picked James Lanzon, its top transmission engineer, to run the company's global powertrain operations on an interim basis while it searches for a permanent replacement for Sam Winegarden.
  

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• Chrysler, citing late powertrain tweaks, delays Cherokee media drive
  Chrysler Group took the unusual step of postponing a planned media drive of the 2014 Jeep Cherokee scheduled for early next month but vowed that "vehicles will still be in showrooms in September."
  

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• Penske to acquire commercial vehicle distributor in Australia for $200 million
  Penske Automotive Group plans to acquire commercial vehicle distributor Western Star Trucks Australia from Transpacific Industries Group for about $200 million ($219 million Australian) in the third quarter.
  

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• Hertz reports major Q2 gains after acquisition
  Weeks after its acquisition of Dollar-Thrifty was approved, Hertz Global Holdings posted sharply higher adjusted net income during the second quarter. The company said its adjusted net income for the quarter was $204.
  

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• BMW vows i3 EV will drive, handle like ultimate driving machine
  BMW says the i3 electric car unveiled today will set new benchmarks for environmentally-friendly materials while still performing like a BMW.
  

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Automotive News Breaking News Feed (3 сообщения)

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• Toyota, outsold by GM in Q2, faces long-term slump in Japan
  Toyota is facing a Japan problem. The company was outsold by GM for the first time in six quarters, as sales in Japan extended their decline after government incentives for fuel-efficient models expired last year. Japan's largest automaker sold 8.
  

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• Ford recalls 33,021 C-Max hybrid cars due to roof issue
  Ford said it was recalling 33,021 C-Max hybrid cars because a roof component did not meet requirements for protecting against head injuries.
  

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• For BMW, i3 hatchback is mark of electric car confidence
  Costly gamble or in tune with the public mood? BMW is set to launch its first all-electric car, hoping to stir demand for a pricey luxury model just as some other producers hit hurdles in selling electric propulsion.
  

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Automotive News Breaking News Feed (10 сообщений)

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• GM, Ford pension woes ease, sparing cash for auto operations
  While drawing car buyers and praise from the likes of Consumer Reports, GM and Ford are getting a grip on pensions that will free up cash to develop future models.
  

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• GM fires top powertrain exec, several employees over India emissions testing
  GM ousted its top powertrain executive over irregularities in the automaker's emission-testing programs in India that have forced it to halt sales of two popular models.
  

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• Toyota thinks pink to brighten frumpy facade
  If Toyota chief Akio Toyoda wants to make more head-turning cars, he'll certainly succeed with this one.
  

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• VW, Suzuki exploring options to resolve legal battle, report says
  Volkswagen and Suzuki are exploring options to either revive cooperation efforts or enter a settlement to end a two-year legal battle over a failed partnership, people familiar with the matter told Bloomberg.
  

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• Lear posts 13% gain in Q2 operating earnings
  Automotive seating and electrical component supplier Lear today reported a mostly positive second quarter, gaining $224 million in operating earnings before one-time items and affiliate income -- a 13 percent from the same quarter last year.
  

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• VIDEO: Lutz contrasts his legacies after Chrysler, GM
  DETROIT #8211; Former General Motors product chief Bob Lutz yesterday contrasted his attempts to create an 'excellence pays' culture at two of his employers.
  

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• ZF to invest $215 million to build 8- and 9-speed transmissions in S.C.
  German supplier ZF Friedrichshafen is expanding a South Carolina plant that just started producing fuel-saving 8- and 9-speed automatic transmissions last month.
  

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• Highlander to get another boost in U.S. production by Toyota
  Just months before increasing its production of Highlander large crossovers, Toyota says it will add still more Highlander capacity next year.
  

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• GM's South Korean workers OK wage pact after strike dents output
  GM's South Korean workers approved an annual wage deal, ending 13 days of partial strikes where the company produces more than 40 percent of its Chevy-branded cars, a union spokesman said on Friday.
  

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• Lexus nudges U.S. sales target higher
  Lexus is nudging its U.S. sales target up with new-model intros expected to spur second-half turnover.
  

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Automotive News Breaking News Feed (10 сообщений)

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• Chevy Impala is first Detroit 3 car to top Consumer Reports' sedan rankings
  The Chevrolet Impala, a former GM top seller that degenerated into a lackluster staple of airport car-rental lots, has morphed into the best sedan on the American market with its latest redesign, Consumer Reports said today.
  

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• GM results show relief in Europe, new strains in Asia
  GM posted higher second-quarter net profit in its two biggest markets -- North America and China -- and surprised analysts with a much narrower loss in Europe.
  

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• W.Va. dealer takes a step back in Obamacare suit
  Joe Holland last month attracted national publicity for challenging new federal laws requiring his West Virginia dealership to provide insurance coverage for contraceptives taken after sex.
  

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• Group 1's Q2 revenue hits record; net income up 31%
  Group 1 Automotive's total revenue jumped 27 percent to a quarterly record $2.34 billion in the second quarter compared with the year-earlier period, led by a 27 percent increase in new-vehicle revenue, the company said today.
  

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• Johnson Controls names Molinaroli CEO as Roell retires
  Alex Molinaroli will be the next president, CEO, and chairman of Johnson Controls, the company announced today. Molinaroli, 53, will replace current president and CEO Stephen Roell on Oct. 1.
  

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• Daimler will take 5% stake in Aston Martin in technical partnership
  Daimler will take a stake of up to 5 percent in Aston Martin as part of a technical partnership between the UK sports car maker and AMG, the performance division of Mercedes-Benz.
  

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• BorgWarner earnings rise on demand for fuel-efficient vehicles
  BorgWarner, the maker of automotive turbochargers and emission systems, posted higher-than-expected profit today as global demand for more fuel-efficient vehicles continued to rise in the second quarter.
  

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• Hyundai Q2 profits down slightly, but remain strong on China growth
  Hyundai's second-quarter net profit stayed near a record high achieved a year earlier as strong China growth overpowered rising competition and tight supply that eroded sales at home and in the United States.
  

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• Nissan's quarterly net profit rises 14% on U.S. sales
  Nissan said first-quarter profit rose nearly 14 percent as a weaker yen gave room for the automaker to cut prices and boost sales in the United States.
  

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• Porsche nabs 9th straight title in J.D. Power new-model satisfaction study
  Luxury brands and nameplates, led by Porsche and the redesigned Land Rover Range Rover SUV, are the most satisfying 2013 vehicles rated by owners, according to an annual study released today by J.D. Power and Associates.
  

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