Mar 22 2020

Auto car engine #Auto #car #engine

Auto car engine

Ford facing U.S. criminal probe into emissions testing

How will the new partnership between Ford and EV startup Rivian evolve? The ‘value and benefit’ of a carbon fiber bed on the Sierra pickup. Plus, Lincoln looks to turn back time with its ‘youthful’ 2020 Corsair.

• Uber’s $91.5B valuation?

• Musk, SEC make timely request

• Buy a 1,000-hp Hellephant

• Ford Q1 profit drop

• Daimler hurt by high costs

• ‘Vette plant adds shift

Special Report: Used-Vehicles
Carvana debuts as No. 8 on used ranking
Dealers turn to Craigslist to meet used-car demand
Luxury dealers reversing course on used
Penske to add more used-only stores
Used-Car Special: Inventory Report »
F&I product landscape for EVs is sparse
Indiana dealership group sued in class action over document fees
Texas bill amended to ensure Tesla can fix cars
More Access F&I stories »
Cars & Concepts
Mazda: Skyactiv-X engine still on track for U.S. launch
Crossovers star in 2 auto shows in 1 week
Corsair will be first Lincoln with output in China
VW Tarok concept to measure pickup interest in U.S.
More Cars & Concepts stories »
This Week’s Issue
Instead of national strike, UAW could target key plants for ripple effect
Which Munoz will show up at Hyundai?
Lincoln reimagined as a ‘luxury boutique’
Buick dealers will get an extra helping of Encore
More stories from this week’s issue »
Best Practices
Dealer’s customers are in for a surprise
Concierge service positions store for future
More Best Practices stories »
Best Practice Tips
Dealers need to be part of the emerging data landscape
There’s a lot riding on the new Corvette
Stipulation capture tool aims to smooth approval process
Time is right for GM to bring back Tiger Woods
More Blogs »
How to pay service advisers to sell more without turning customers off?
Debate over best way to pay service techs continues to roil dealerships
Dealership provides training for service technicians in Texas program
More Fixed Ops Journal stories »
  • What: Glazed electrochromic roof panel
  • Where: McLaren 720S Spider
  • Tech source: Undisclosed

Automotive News this month is taking a look at emerging New Tech: Those innovations unimagined or not commercially viable just 10 years ago that engineers are now translating into mass production.

Continental will push back the spinoff of its powertrain division until next year after the supplier reported a 17 percent drop in first-quarter operating profit, hit by a downturn in car demand and higher investments.

Toyota said it was halting plans to install Dedicated Short-Range Communications technology, aimed at letting cars and trucks communicate with one another to avoid collisions, on U.S. vehicles beginning in 2021.

The automaker faces a federal lawsuit that accuses it of knowingly selling 2018-19 Odyssey minivans and 2019 Pilot crossovers with defective infotainment systems and refusing to fix the problem.

Lear said its first-quarter net income fell 35 percent to $229 million while revenue dropped 10 percent to $5.2 billion.

The $91.5 billion valuation that Uber is seeking in its IPO is less than the $120 billion that investment bankers told Uber last year it could fetch, and closer to a $76 billion valuation it attained last year.

A bill that would have allowed EV makers such as Rivian to bypass the franchised dealer network and sell directly to the public was given the thumbs down by Colorado legislators .

Fiat Chrysler has pledged to hire local residents and invest $13.8 million in community improvements, education and workforce training as part of a planned $2.5 billion investment in two Detroit assembly plants.

Net income at the biggest U.S. dealership group was dragged down by a sharp drop in auto sales, while an effort to focus on new-vehicle margins showed signs of paying off.

Daimler’s first-quarter operating profit fell 16 percent, weighed down by a 4 percent drop in sales of Mercedes cars, higher raw material costs and investments into heavy trucks.

Renault, in an escalation of merger tensions with its Japanese partner, will propose to Nissan a plan to create a joint holding company that would give both automakers equal footing, according to media reports.

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