"Late Breaking Auto Industry News"
January 2018


Toyota recalls 645,000 vehicles; air bags may not inflate

(USA TODAY) - DETROIT — Toyota is recalling about 645,000 vehicles worldwide to fix an electrical problem that could stop air bags from inflating in a crash. More

German automakers are berated over tests on monkeys and humans

(Los Angeles Times) - Public criticism of the German auto industry has escalated after a report that an industry-sponsored entity commissioned a study of the effects of diesel exhaust using monkeys, and that another study exposed humans to low levels of one type of air pollutant. More

California governor pushes for 5M zero-emission cars

(The Detroit News) - Sacramento, Calif. – Gov. Jerry Brown outlined a $2.5 billion plan Friday to help Californians buy electric vehicles and expand a network of charging stations as part of a goal of getting 5 million zero-emission cars on the road by 2030. More

Hyundai recalls nearly 88K older cars due to fire risk

(USA TODAY) - DETROIT — Hyundai is recalling nearly 88,000 cars in the U.S. because an electrical short in the antilock brake system could cause engine compartment fires. More

Ford stock falls after execs warn of weaker 2018 profits

(Detroit Free Press) - Ford shares fell 7% Wednesday, the day after executives warned that the company's 2017 earnings, to be reported Jan. 24, will fall short of Wall Street expectations. More

GM expects flat 2018 earnings, projects growth in 2019

(The Detroit News) - General Motors Co. expects this year's earnings to be in line with 2017 -- and the automaker is already projecting growth in 2019. More

Detroit Auto Show: Fiat Chrysler CEO Marchionne says won't break up company

(USA TODAY) - Fiat Chrysler Automobiles CEO Sergio Marchionne on Monday tamped down on speculation that his company could be split into pieces as part of a sale. More

Fear of NAFTA collapse seen as factor in move of Ram production from Mexico

(Detroit Free Press) - Fiat Chrysler hailed the corporate tax cut as a big reason for investing $1 billion in its Warren Truck plant to build heavy duty Ram pickups now assembled in Mexico. More

Amid tech quake, Detroit auto show stays on its feet

(The Detroit News) - The digital revolution is changing the Detroit auto show, too. More

Toyota adds 601,000 vehicles to Takata air bag recalls

(USA TODAY) - DETROIT — Toyota is recalling 601,000 more vehicles in the U.S. to replace defective and potentially deadly Takata air bag inflators. More

Hyundai to Test Autonomous Driving With Fuel-Cell Vehicle

(Bloomberg) - Hyundai Motor Co. said it will start testing a fuel-cell powered sport utility vehicle for autonomous driving as the South Korean automaker speeds up development of self-driving cars with a goal to bring a model to the market by 2021. More

First time ever: An SUV is the best-selling non-pickup

(The Detroit News) - The SUV is officially king. Three full-size pickups were still the best-selling vehicles in the United States last year. But the fourth-place spot was claimed for the first time by an SUV, not a sedan. More

Chevrolet Tahoe Z71 Midnight Edition has menacing good looks, lots of extras

(Detroit Free Press) - My recent weeklong test of the Chevrolet Tahoe LT Z71 Midnight Edition was actually kind of fun. Not just because the Tahoe is a great SUV, especially for a family, although it most-certainly is. And not just because it looked so cool with its jet-black exterior and blacked wheels and body trim. More

U.S. auto sales record streak likely snapped in 2017

(USA TODAY) - The U.S. auto industry's streak of two consecutive years of record sales ended in 2017, according to multiple projections. As automakers report their December sales on Wednesday, the outcome is already clear: The industry fell short of 2016's record 17.6 million vehicles sold, as well as 2015's previous record of 17.5 million. More



© Copyright 2017, DEALER TRADE NEWS, All Rights Reserved.