Chevy adds RS trim to freshened 2021 Equinox lineup

Chevrolet will launch a freshened 2021 Equinox — with an RS trim option, restyled grille and redesigned front and rear fascias — this year.

Chevy gave reporters a preview of the updates at the Chicago Auto Show on Thursday. It will hit showrooms in the fall.

The latest changes are "really about the front and rear fascia upgrades, new headlamps, new taillamps, three new grille designs and new wheels, which we think really freshen it up and gives it that updated look that I think consumers are craving," said Brad Franz, Chevrolet's senior marketing manager for small to midsize utility vehicles.

Chevy sold 346,048 Equinox crossovers in the U.S. last year, up 4 percent from 2018, according to the Automotive News Data Center.

The Equinox makes up nearly a third of GM's small to midsize crossover and SUV sales, and it's GM's second-bestselling vehicle overall, behind the Chevy Silverado pickup.

It was one of th…

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Toyota’s quarterly profit falls 3% on foreign exchange hit, lower sales

TOKYO -- Toyota's operating profit slipped 3.2 percent in the latest quarter as unfavorable foreign exchange rates and falling sales offset massive cost-cutting efforts. Operating profit declined to 654.4 billion yen ($6 billion) in the automaker's fiscal third quarter ended Dec. 31, Japan's biggest automaker said on Thursday in its earnings report. Net income more than quadrupled to 738 billion yen ($6.77 billion) in the period, but only because of the effects of unrealized gains from equity securities. Net income advanced only 1.4 percent to 584.6 billion yen ($5.36 billion) after stripping out the one-off factor. Revenue declined 3.3 percent to 7.54 trillion yen ($69.14 billion). Global retail sales dipped 0.8 percent to 2.69 million vehicles in the October-December period, including results from Toyota's Daihatsu small-car subsidiary and truck-making affiliate Hino. Worldwide wholesale volume retreated 3.8 percent to 2.2 million vehicles. In…

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Toyota adds sporty Highlander trim, special-edition trucks

CHICAGO — Toyota will give its redesigned Highlander crossover a sporty new XSE trim level for 2021 — with an improved suspension and exterior and interior styling treatments — leading a parade of special-edition light trucks that the Japanese automaker showed at this week's Chicago auto show.

The 2021 Highlander XSE trim will slot between the redesigned three-row crossover's XLE and Limited trims when it arrives in the fall. Like other Highlanders, it will be powered by a 295-hp, 3.5-liter V-6 paired with an eight-speed automatic transmission and will be available in front-wheel or all-wheel drive.

Riding on 20-inch wheels, the XSE will feature higher-performance springs and a rear stabilizer bar, with retuned shock absorbers and electric steering for sportier performance, Toyota says.

On the outside, the front fascia, grille and lower spoiler are unique to the trim level and are buttressed by black-accented headlamps and light-s…

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Jeep Gladiator Mojave trim gets new Desert Rated badge

Jeep added to its mystique around 15 years ago with the Trail Rated moniker, a set of criteria that ensures its vehicles are ready for whatever consumers throw at it.

With the Gladiator Mojave trim, Jeep is ready to place a new stamp on its capability with the Desert Rated badge. The Gladiator Mojave, which comes with suspension upgrades and other enhancements, is the first Jeep model to get the label. The 2020 Gladiator Mojave makes its debut Thursday at the Chicago Auto Show.

The desert rating is based on several pillars: ride control and stability, traction, ground clearance, maneuverability and desert prowess.

FCA said the Mojave was put to the test on "harsh sand and desert terrain."

"The Gladiator Mojave was part of the Gladiator's inception. This is actually something that we were working on since the beginning, but we wanted to take our time, we wanted to make sure that it was right," Pete Milosavlevski, chie…

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GM issues second recall after repair software caused brake failures

DETROIT -- General Motors issued a second recall Jan. 28 to fix issues caused by software intended to resolve a Dec. 12 callback for brake safety issues in some 2019 Chevrolet Silverado, GMC Sierra and Cadillac CT6 vehicles.

The original recall included about 550,000 vehicles globally, out of which about 162,000 were repaired with the flawed software, GM spokesman Dan Flores told Automotive News on Wednesday.

The first software error could disable the vehicle's electronic stability control or the antilock braking system, and no error indicators would illuminate, according to NHTSA documents. No accidents or injuries were reported in relation to the original recall.

The new recall, originally reported by the Detroit Free Press on Jan. 29, will include 128,519 vehicles in the U.S., Flores said.

"We have a group of people who look for trends to find problems early," he said. "Soon after we started realizing there were a bunch of warranty cl…

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Uber gets permit to restart testing its self-driving cars in California

Uber Technologies Inc has been allowed to restart testing its self-driving vehicles with a backup driver in California, almost two years after its autonomous car killed a pedestrian in Arizona.

The California Department of Motor Vehicles issued a permit on Wednesday to the company's self-driving unit, Uber Advanced Technologies.

The company said it does not have immediate plans to engage in autonomous driving in the state, adding it would notify regulatory stakeholders before doing so.

The ride-hailing firm has taken a more cautious approach to testing its self-driving vehicles after the Arizona accident in March 2018, which led to the first death involving an autonomous vehicle.

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GM says 22 nameplates will have Super Cruise by 2023

General Motors will expand Super Cruise, the driver-assistance system it currently offers only on the Cadillac CT6, to 22 nameplates by 2023, GM President Mark Reuss said Wednesday.

The technology will move beyond Cadillac to GM's other brands in 2021. This year, Super Cruise will be available on the 2021 Cadillac Escalade, CT4 and CT5.

It will be offered on seven additional nameplates next year, and 12 more will get Super Cruise as an option starting in 2022 and 2023, Reuss told investors at the automaker's Capital Markets Day presentation.

Since its introduction in 2017, Super Cruise has been available only on the CT6, which went out of production in North America at the end of January.

Last week, GM said it would add automated lane-changing capability to Super Cruise when it expands to other Cadillac nameplates.

The Super Cruise rollout has been slow because GM designed the technology to fit within its new digital platform, which it's im…

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Group 1 profits rise on strong used, service and F&I results

Even as its core new-vehicle markets softened, Group 1 Automotive Inc. boosted profits in the fourth quarter on strength in used vehicles, service and finance and insurance.

Fourth-quarter revenue for the Houston-based dealership group climbed 7 percent to an all-time record of $3.11 billion. Net income jumped 57 percent to $48.1 million. When adjusted for one-time items, Group 1's profits increased 29 percent to $56.3 million. The one-time items — primarily related to non-cash impairments of certain intangible assets, Group 1 said — totaled $8.2 million after taxes in the fourth quarter of 2019 and $13.1 million after taxes the prior year's quarter.

For the full year, Group 1's revenue advanced 3.8 percent to a record $12.04 billion. Net income rose 10 percent to $174 million. Full-year adjusted profits were up 13 percent to $203.6 million.

The record year was "based on an extremely strong performance by our U.S. operating team," Group 1 CEO Earl Hester…

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Ford loses $1.7B in Q4 on pension charge, UAW contract costs

DETROIT — Ford Motor Co. lost almost $1.7 billion in the fourth quarter after taking a big accounting hit from employee pension liabilities and retirement benefits, but the automaker eked out a modest profit for the year.

Ford on Tuesday said its fourth-quarter earnings before interest and taxes in the quarter plummeted 67 percent to $485 million, while automotive EBIT dropped 81 percent to $215 million. Ford's North American earnings fell 64 percent to $700 million, mostly due to UAW contract costs, warranty expenses and problems with the launch of the redesigned Explorer and Aviator crossovers.

Ford shares tumbled more than 9 percent to $8.29 in after-hours trading after it announced results. 

Ford last month warned that its fourth-quarter results would include a $2.2 billion charge related to its pension plans. The company has now reported two consecutive fourth quarter losses, after losing $116 million in the final period of 2018.

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New Chrysler Pacifica ad campaign features actress Kathryn Hahn

DETROIT — Fiat Chrysler Automobiles' new ad campaign for the 2020 Chrysler Pacifica and Pacifica Hybrid minivans, featuring actress Kathryn Hahn, launches on TV Feb. 17.

The ads will also appear on digital and social media including Facebook, Twitter and Instagram and can be viewed on the Chrysler brand's YouTube channel.

The campaign, "No Matter How You Parent: Pacifica," was created in collaboration with Hahn and her husband, actor and screenwriter Ethan Sandler. In the spots, Hahn portrays different "mom personas" to highlight various styles of parenting. Hahn starred in the movies Bad Moms and We're the Millers and the TV shows "Crossing Jordan" and "Transparent."

"The Chrysler brand recognizes there are many different ways to parent, and a style that works for some may not work for others," Marissa Hunter, head of marketing at FCA North America, said in a release Tuesday.

"As one of television and film's most multifaceted actresses and a fr…

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Future of Tesla’s rally could rest on these upcoming developments

If the incredible rally in Tesla Inc. shares is making you dizzy, hold on to your chair.

Tesla has a slew of catalysts coming up in the next few months that could give investors a reason to pause, or propel the stock even higher. It all depends on how the company does in its tests ahead.

After rising 86 percent just this year through Monday, shares of the electric-vehicle continued to surge on Tuesday, leaving analysts and investors scratching their heads about what is behind this latest acceleration in the stock. The shares at one point touched a new record high of $940.13.

The gap between the valuation of Tesla and other traditional carmakers “suggests investors are increasingly viewing Tesla as a tech company,” Loup Ventures’ Gene Munster wrote in a note. Morgan Stanley analyst Adam Jonas, on the other hand, wondered if Tesla’s parabolic surge was heralding the end of traditional cars with internal combustion engines.

Whatever the reason…

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The Renault design boss matching sneakers to cars

If you want to find Renault design chief Laurens van den Acker at an auto show, the best thing to do is to look at everyone's shoes. For nearly 10 years, van den Acker has been matching custom-made sneakers to the color of Renault's latest concept or production model, often with the model name printed on the shoe.

That has resulted in more than 20 pairings of cars and sneakers.

For the EZ-GO concept in 2018, he wore a pair of gray Adidas Superstars with turquoise stripes and laces and a gold heel piece. Last year, he ordered up orange-and-black Le Coq Sportifs to complement the "Atacama Orange" of the new generation Captur small SUV.

Now, van den Acker, a tall Dutchman who favors sleek suits, is formalizing a partnership with Le Coq Sportif, a French brand that uses the unofficial national bird, the rooster, as its logo.

In addition to the Captur orange sneakers, there will be a blue Twingo model. There is no word on whether they will be available…

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