Author: Automotive News n Feed

Hyundai profits fall; Serious fire at Recticel; BMW adds X1 production; Nissan Titan crash test results.

President Donald Trump is asking the Detroit 3 automakers to invest in domestic manufacturing at a bad time. Car sales have gained for seven-straight years after the U.S.

Under pressure from President Donald Trump, Mexico is preparing to discuss changes to trade rules about a product’s country of origin to try to avoid a disruptive fight with the United States over commerce.

Mitsubishi aims to benefit from the SUV/crossover boom by adding a sporty, coupe-styled SUV. Mitsubishi said the vehicle will introduce “a whole new audience” to the brand.

Subaru released a teaser photo of its second-generation XV and confirmed that the crossover will debut in March at the Geneva auto show.

Hyundai Motor posted its lowest quarterly profit in about five years, hurt by the cost of steep discounts on small sedans. The automaker cautioned that it expected more uncertainty ahead as competition and protectionism increase.

PSA will return to India by 2020, the automaker said after unveiling a modest production investment with CK Birla Group, the New Delhi-based conglomerate.

BMW will build its X1 SUV at a Dutch contract manufacturer that also produces some of the automaker’s Mini models.

BMW will build its X1 SUV at a Dutch contract manufacturer that also produces some of the automaker’s Mini models. X1 production will begin in August at the VDL Nedcar plant, BMW said.

To boost lease profit, train employees regularly on the benefits of leasing vs. buying, suggests Todd Cooper, vice president of training services for EFG Cos.