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Automotive News Breaking News Feed
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Honda's credit rating outlook lowered by Moody's
Honda's credit rating outlook was dropped from stable to negative by Moody's Investors Service over concern the automaker faces challenges in regaining its market position due to growing competition, Bloomberg reported today.
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After Honda verdict, will consumers head to court?
Heather Peters' win in a Los Angeles small claims court against Honda has all the makings of a David vs.
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Mitsubishi to end production in western Europe
Mitsubishi says it will end production at its only western European plant, in the Netherlands, at the end of this year, a move that was expected as its sales in Europe have dropped to a third of their peak.
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GM seeks Volt boost from California carpool lanes, Super Bowl ad
GM hopes its plug-in Chevrolet Volt, stung by safety concerns, can get a sales boost from a version due next month that lets solo California drivers use carpool lanes and a Super Bowl ad touting its technology.
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Suzuki Q3 operating profits drop 2.8%, keeps profit forecast
Suzuki posted a 2.8 percent fall in quarterly operating profit as weaker Indian sales hurt and it kept its annual profit forecast unchanged despite an anticipated revenue hit from Thailand's floods and a stronger yen.
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Wade urges timeout on facility plans
After its long-awaited study of facility-improvement programs, the National Automobile Dealers Association wants automakers to put their programs on hold for review, citing conclusions in the study that they cost too much, produce uncertain results...
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Toyota, Honda begin to rebuild
An early trend: Last year's three big sales winners -- Chrysler Group, Hyundai-Kia and Volkswagen of America -- continued to drive the market in January. An early subplot: American Honda and Toyota Motor Sales U.S.A.
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Small Acura sedan, Hyundai's Elantra coupe among 10 world debuts
Acura will make a splash at the Chicago Auto Show this week with the introduction of its ILX small sedan and the redesigned 2013 RDX crossover. GMC will unveil the next-generation Acadia, and Hyundai will show a coupe version of the popular Elantra.
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Japan gets tough on collusion
For Japanese auto parts suppliers, these are deeply disturbing times. A business culture that has long overlooked collusion is under attack. Japan's Denso Corp.
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More dealers bring hunt for leads in-house
A growing number of dealers say they are drifting away from the third-party Internet lead providers that have dominated online vehicle marketing for 15 years.
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