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GM shuffles top execs for quality, purchasing, powertrain

4:30 pm U.S. ET | Nov. 20, 2014
GM said Grace Lieblein will replace Alicia Boler-Davis as head of global quality as the company caps a year of record recalls. Boler-Davis, who has been in charge of quality since July 2013, will retain responsibilities for customer experience and oversee OnStar as well. Lieblein, currently head of purchasing, will be replaced by powertrain chief Steve Kiefer.... Read More »

 

NHTSA tells Marchionne to speed up Jeep recall fix

1:58 pm U.S. ET | Nov. 20, 2014
Chrysler Group CEO Sergio Marchionne was sent a stern letter Thursday from federal regulators to speed up repairs of recalled Jeep SUVs that face a heightened fire risk.... Read More »

 

GABE NELSON

Fisker flexes muscle with coachbuilt 725-hp Mustang

2:55 pm U.S. ET | Nov. 20, 2014
Henrik Fisker, the Danish designer behind the Aston Martin DB9, BMW Z8 and the ill-fated Fisker Karma plug-in hybrid, apparently can design an American muscle car, too.... Read More »

 

Ferrari names Edwin Fenech head of N.A. unit

4:11 pm U.S. ET | Nov. 20, 2014
Ferrari has named 14-year employee Edwin Fenech as CEO of the premium sports car maker's North American unit.... Read More »

 

GM names Stephen Carlisle to head Canada unit

3:51 pm U.S. ET | Nov. 20, 2014
General Motors today named Stephen Carlisle the new president and managing director for GM Canada as the company’s current chief for Canada, Kevin Williams, prepares for retirement at year's end.... Read More »

 

BMW may need to increase i8 production to cut waiting lists

Nov. 20, 2014 18:26 CET
BMW may have to increase production of its i8 plug-in hybrid sports car to meet high demand. Waiting lists for the 120,000-euro coupe are too long at up to 18 months, BMW sales and marketing chief, Ian Robertson, said.... Read More »

 

BMW CEO to join Siemens supervisory board, report says

Nov. 20, 2014 15:46 CET
BMW CEO Norbert Reithofer will be nominated to join the supervisory board of German engineering company Siemens, German monthly Manager Magazin said, without citing sources.... Read More »

 

Schaeffler posts 36% jump in Q3 profit on car demand rebound in Europe

Nov. 20, 2014 15:12 CET
Schaeffler said operating profit rose 36 percent in the third quarter, thanks to recovering car demand in Europe and growth in China which helped it confirm earnings forecasts for the year.... Read More »

 

New Alfa Romeo will be unveiled in June

Nov. 20, 2014 10:04 CET
Fiat Chrysler Automobiles will debut a new Alfa Romeo in June, brand chief Harald Wester said. Alfa aims to introduce eight new models by 2018 as part of Fiat Chrysler CEO Sergio Marchionne's plans to boost the brand's annual sales to 400,000.... Read More »

 

Cadillac chief envisions $250,000 flagship car -- in 2029

10:45 pm U.S. ET | Nov. 19, 2014
Cadillac's new boss believes General Motors' luxury brand could eventually sell ultra-luxury cars that retail for a quarter-million dollars by 2029. Cadillac may also get more crossover models to supplement the SRX.... Read More »

 

Cadillac will report its own financial results, de Nysschen says

5:59 pm U.S. ET | Nov. 19, 2014
GM's Cadillac luxury line, working to revive its image, will begin reporting financial results about 2017 and double global sales by the end of the decade, said Johan de Nysschen, the brand's chief.... Read More »

 

Obama nominates NTSB's Mark Rosekind to lead NHTSA

5:30 pm U.S. ET | Nov. 19, 2014
President Barack Obama nominated transportation expert Mark Rosekind to lead the National Highway Traffic Safety Administration, which has come under heavy criticism this year for a perceived slow response to major recalls and safety concerns.... Read More »

 

GM getting positive reviews on Wall Street despite record recalls

8:51 am U.S. ET | Nov. 19, 2014
If relative value means anything, GM may be the best buy in the auto industry. That, at least, is the consensus of bullish analysts, who are extolling the highest-quality vehicles in decades and operating margins to go with them, even as GM suffers a record recall of cars.... Read More »

 

Audi's China PR director faces corruption probe, report says

Nov. 19, 2014 10:39 CET
Audi's public relations chief in China, Lu Minjie, is under investigation by the central Chinese government's anti-corruption task force, according to Chinese media.... Read More »

 

Ford, GM business seen buoying Takata as U.S. probes airbags

6:44 am U.S. ET | Nov. 19, 2014
Carmakers continue to support Takata even as the Japanese supplier suffers widening scrutiny by United States regulators over airbags blamed for at least five deaths. Ford, Honda and GM have worked with Takata on new car features over so many years that it would be difficult, if not impossible, to quickly move to alternative supplier.... Read More »

 

Toyota's Lentz says more replacement inflators coming next month

6:37 am U.S. ET | Nov. 19, 2014
Toyota, seeking to speed up progress on a recall begun in 2013, is anticipating a greater supply of inflators for Takata airbags being replaced in millions of cars.... Read More »

 

Schaeffler targets 12%-13% margin over long term

Nov. 18, 2014 12:30 CET
Schaeffler says it aims to keep its operating margin in the region of 12 percent to 13 percent over the long term as it expects the economic environment in its key markets to remain positive.... Read More »

 

Daimler, BMW cooperate on suppliers in Mexico

Nov. 18, 2014 10:17 CET
Daimler and BMW are working together to build a network of suppliers for their new factories in Mexico as both carmakers aim to take advantage of the country's tariff-free access to the U.S. market.... Read More »

 

Takata quality assurance executive added to Senate hearing list

4:12 pm U.S. ET | Nov. 17, 2014
A senior Takata quality assurance executive has been added to the list of witnesses to testify during Thursday's Senate committee hearing on the Takata airbag recalls.... Read More »

 

THE FUTURE OF HYDROGEN CARS

Ewanick's next bold bet: Hydrogen stations

12:01 am U.S. ET | Nov. 17, 2014
If Honda, Hyundai and Toyota are the companies defining what fuel cell vehicles are, it's FirstElement and former GM executive Joel Ewanick that largely will define how and where they will be refueled.... Read More »

 

Mitsubishi promises new products

12:01 am U.S. ET | Nov. 17, 2014
Mitsubishi, amid a remarkable sales rebound in the United States, is targeting its first profit in North America since the global financial crisis. Now CEO Osamu Masuko pledges to build on the company's momentum with a badly needed injection of fresh product.... Read More »

 

Harold Coker, founder of antique tire maker Coker Tire, dies at 84

4:55 pm U.S. ET | Nov. 17, 2014
Harold Coker, founder of Coker Tire in Chattanooga, which produces tires for antique vehicles, died Sunday. He was 84.... Read More »

 

American Axle hires former Mich. car czar Francis

4:01 pm U.S. ET | Nov. 17, 2014
Nigel Francis, former car czar for the state of Michigan, has been appointed as vice president of corporate planning for American Axle & Manufacturing in Detroit.... Read More »

 

JOINING THE CLUB

Lincoln dealers sign up to offer exclusive Black Label series

12:01 am U.S. ET | Nov. 17, 2014
Lincoln has signed up 32 dealers in six states for its new Black Label luxury subfranchise. Lincoln announced the Black Label series last year in an effort to set a new standard for luxury vehicles and customer service within the brand.... Read More »

 

Fuel cell cars will be commercially viable by 2025, Bosch exec says

Nov. 17, 2014 11:36 CET
Falling costs will make fuel cell technology commercially viable for mass car production by 2025, Wolf-Henning Scheider, Bosch's automotive chief, said. Toyota and Honda plan to launch fuel cell vehicles in 2015.... Read More »

 

 
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