"Late Breaking Auto Industry News"
January 2017


VW Takes Global Sales Crown From Toyota Despite Diesel Crisis

(Bloomberg) - Volkswagen AG dethroned Toyota Motor Corp. last year to become the world’s best-selling automaker for the first time, propelled by surging... More

For the auto industry’s good, keep m.p.g. rules high

(Detroit Free Press) - Next time the leaders of General Motors, Ford and Fiat Chrysler meet President Donald Trump, they should add an item to his agenda... More

Ford allows some car buyers to purchase or finance vehicles online

(Los Angeles Times) - Car buyers at one Ford dealership can now limit their time in the showroom by purchasing or financing a vehicle online,... More

Ford to launch Omnicraft parts brand for all vehicles

(The Detroit News) - Ford Motor Co. said Tuesday it is launching a new Omnicraft parts brand that will allow its dealers to provide parts and service to vehicles... More

Trump makes it official: He will renegotiate NAFTA

(USA TODAY) - Donald Trump's incoming administration has wasted no time setting as official policy the renegotiation of the North American Free Trade... More

GM pays $1M SEC fine over ignition-switch scandal

(Detroit Free Press) - General Motors agreed to pay a $1 million fine to settle federal charges that it failed to adequately assess the potential financial... More

2018 Ford Mustang gets a longer nose, new look

(USA TODAY) - DETROIT — Ford has unveiled its face-lifted 2018 Mustang sport coupe, showing off the redone model Tuesday at events in Detroit, New York... More

Takata’s $1 Billion Air-Bag Settlement Could Make a Sale Easier

(Bloomberg) - Takata Corp.’s agreement to pay $1 billion to settle a criminal investigation removes a hurdle to the air-bag maker’s sale, which the company... More

Dodge to bring back Challenger Demon with more horsepower than Hellcats

(Detroit Free Press) - Fiat Chrysler Automobiles said today it plans to bring back the Dodge Demon, a muscle car from the 1970s, with an engine that kicks... More

VW nears $4.3B settlement over polluting diesels

(The Detroit News) - The federal government’s pending agreement to fine Volkswagen AG $4.3 billion for rigging hundreds of thousands of diesel cars... More

Trump attacks Toyota for expanding in Mexico to sell in U.S.

(USA TODAY) - President-elect Donald Trump set his sights Thursday on Toyota, attacking the Japanese automaker for expanding in Mexico to sell more... More

Here are the details of Ford's electric vehicle plan

(Detroit Free Press) - Ford Motor Co. had a headline-grabbing announcement about the future of its electrical fleet amid criticism by President-elect Donald... More

Auto sales tally for 2016 will be a squeaker

(USA TODAY) - No matter how auto sales turn out when they are reported Wednesday, it's going to be a squeaker. More



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