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Auto sales will rise 30% compared with weak May 2011, researchers predict

DETROIT (Reuters) - U.S. new-car sales look set to rise almost 30 percent in May, the biggest gain in more than a year but helped by a favorable comparison to weak results a year ago, according to research firms Kelley Blue Book and ... 10:53 am U.S. ET | May 23 | UPDATED: 5/23/12 5:43 pm ET

Renault mulls high-end car line and Alpine revival, COO Tavares tells paper

PARIS (Reuters) - Renault is considering introducing a high-end brand and reviving its Alpine sports car models, a French newspaper said, citing Chief Operating Officer Carlos Tavares.
The upscale ... May 23, 2012 21:46 European CT

AutoNews Now: Sizing up Toyota, Ford

Teasers: Sizing up Toyota, Ford Ghosn's trust in China Delinquencies drop   email subject:   P.M. NEWSCAST: Sizing up Toyota, Ford | Ghosn's trust in China | A drop in delinquencies  ... 12:01 am U.S. ET | May 23

More dealers offer trade-in protection after automakers shelve it

Some dealership groups are starting to offer trade-in protection to car buyers, a concept that until recently only had been offered by automakers, such as Hyundai and General Motors.
"Five years ... 8:32 am U.S. ET | May 23

Fiat and Mazda plan to jointly develop roadster based on next MX-5

TOKYO/TURIN -- Fiat Group and Mazda Motor Corp. plan to develop and build a new roadster for the Mazda and Alfa Romeo brands, the companies said today.
Alfa will launch its version of the roadster in ... May 23, 2012 07:50 European CT

First Shift: Ford's Blue Oval triumph


Ford Blue Oval triumph
A Fiat-Mazda roadster
Akio's ... 12:01 am U.S. ET | May 23

Defunct auto supplier latest focus of Obama-Romney battle

DETROIT -- The Obama campaign continued its assault on Mitt Romney’s record at Bain Capital today as it said the investment firm that Romney founded was responsible for laying off nearly 1,000 employees at a now-defunct Michigan ... 4:23 pm U.S. ET | May 23 | UPDATED: 5/23/12 4:57 pm ET - updated

Fiat and Mazda plan to jointly develop a roadster

TOKYO/TURIN -- Fiat Group and Mazda Motor Corp. plan to develop and build a new roadster for the Mazda and Alfa Romeo brands, the companies said today.
Alfa will launch its version of the roadster in ... 1:50 am U.S. ET | May 23

Auto-loan delinquency rates plunge

Auto-loan delinquency rates in the United States have fallen to their lowest point in at least a dozen years, according to risk management firm TransUnion.
The percentage of borrowers who are at ... 11:08 am U.S. ET | May 23

Kim Custer dies at 62; was spokesman for Mitsubishi, import-brand trade group

Kim Custer, a longtime public relations executive at Kia Motors of America and Mitsubishi Motors who once helped negotiate a deal with environmental protesters at Mitsubishi, died on May 20 in Lafayette, Ind. He was 62.
2:45 pm U.S. ET | May 23

Higher ethanol concentrations could hurt vehicles, study says

A new study suggests that ethanol-blended fuel could take a toll on vehicles when used in higher concentrations.
Renewable-fuels trade groups blasted the results, but auto industry groups warned of ... 2:52 pm U.S. ET | May 23

Auto-loan delinquency rates plunge

Auto-loan delinquency rates in the United States have fallen to their lowest point in at least a dozen years, according to risk management firm TransUnion.
The percentage of borrowers who are at ... 11:08 am U.S. ET | May 23

Ally CEO: We have only 1 business -- auto

Ally Financial Inc. has one focus now, CEO Michael Carpenter says: U.S. auto lending.
That auto emphasis, in fact, is one of the reasons Ally's ailing mortgage unit, ResCap, filed for bankruptcy ... 8:14 am U.S. ET | May 23

Learn how new U.S. rules will affect you

Auto dealers who have been watching regulatory developments will get some answers next month during Automotive News F&I Week -- a free online conference. Carole Reynolds, a lawyer in the Federal Trade Commission's Financial ... 12:01 am U.S. ET | May 23

Fiat chooses new India head, mulls new brands in market

MUMBAI (Reuters) -- Fiat is open to bringing all of its vehicle brands to the Indian market, said Enrico Atanasio, the future head of the Italian company's India operations.
Atanasio, who told ... May 23, 2012 13:52 European CT

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