Executives

GM fund leaves out scores hurt or killed in cars with switch flaw

10:53 am U.S. ET | July 1, 2015

GM's compensation fund for faulty ignition switches covers only 2.59 million vehicles with that specific flaw. GM says a similar defect subsequently detected in an additional 10 million vehicles is ineligible for compensation because the company recalled the cars immediately after discovering the flaw. Some victims and their advocates think GM should expand the fund for other victims.... Read More »

Fiat Chrysler will start Jeep output in India in 2017

July 1, 2015 16:10 CET

Fiat Chrysler will invest $280 million to begin Jeep production in India in 2017 through an expanded joint venture with Tata Motors.... Read More »

Q&A

What Tuttle-Click stores look for in lenders

11:00 am U.S. ET | July 1, 2015

Bill Paschen, finance director at Tuttle-Click Automotive Group, says the ideal lender offers aggressive programs to help sell light vehicles, help dealers make money on the back end, and is available by phone when needed. But he says most lenders still don't fully understand the importance dealers place on making money on finance and insurance products.... Read More »

Toyota's top female executive, Hamp, steps down after arrest in Japan

4:34 am U.S. ET | July 1, 2015

Toyota said Julie Hamp, its first female managing officer, had resigned following her arrest last month on suspicion of illegally importing the painkiller oxycodone into Japan. Hamp, 55, notified Toyota of her intent to resign, the company said in a statement today.... Read More »

Porsche labor chief joins VW board

8:41 am U.S. ET | July 1, 2015

Porsche's labor chief, who once fought a merger with Volkswagen, is joining the parent company's supervisory board as a reshuffle of positions at Europe's largest automaker continues.... Read More »

GM Korea workers approve strike over pay, output

6:57 am U.S. ET | July 1, 2015

GM employees in South Korea voted today in favor of a strike over wages and production volumes, prompted by uncertainty over the automaker's output plans as its labor costs in the country rise.... Read More »

Citroen CEO confirms next C5 for China; Europe future unclear

June 30, 2015 06:01 CET

Citroen will replace its C5 midsize model, CEO Linda Jackson told Automotive News Europe, but she would only confirm that the next-generation car would be sold in China. Jackson said there is a “question mark” over whether Citroen would sell the replacement in Europe.... Read More »

Suzuki patriarch appoints son as president and likely successor

5:50 am U.S. ET | June 30, 2015

Osamu Suzuki, the outspoken patriarch of Suzuki Motor, positioned his son Toshihiro as his successor, appointing him president and COO of the family's namesake carmaker. Osamu Suzuki will keep his positions as chairman and CEO.... Read More »

RICHARD TRUETT

BLOG: The (technology) pluses and minuses of a GM-FCA deal

11:15 am U.S. ET | June 30, 2015

GM and FCA could benefit from each other's technology. Instead of a full-blown merger, maybe some small side-deals is all Sergio needs.... Read More »

GM directors don't have to face ignition-switch claims

6:54 am U.S. ET | June 30, 2015

General Motors directors don't have to face investors' allegations that lax supervision allowed the company to make cars with faulty ignition systems blamed for at least 119 deaths.... Read More »

Dura owner Tilton loses bid to halt SEC proceedings

2:37 pm U.S. ET | June 30, 2015

Lynn Tilton, the owner of auto supplier Dura Automotive and the so-called Diva of Distressed, lost a bid to halt a U.S. Securities and Exchange Commission in-house disciplinary proceeding against her after a federal judge said she was powerless to do so.... Read More »

NEWS ANALYSIS

New VW brand boss Diess needs to cut costs, boost profits

June 30, 2015 06:01 CET

VW brand will have a new boss for the first time since 2007 when former BMW development chief Herbert Diess takes control. His tasks as successor to Martin Winterkorn, who remains VW Group CEO, include reining in costs, increasing profitability and making the brand a stronger player in the U.S.... Read More »

Hyundai ad agency swaps CEOs; top marketer leaves

5:45 pm U.S. ET | June 29, 2015

Hyundai's ad agency, Innocean, has executed a changing of the guard that sources described as an attempt to strengthen ties with Hyundai.... Read More »

Philip Benton, former Ford president, dies at 86

3:51 pm U.S. ET | June 29, 2015

Philip Benton Jr., former president of Ford, died at his home in Massachusetts on June 14. He was 86.... Read More »

Leaf to get a big boost in driving range

12:01 am U.S. ET | June 29, 2015

Nissan, fighting falling sales of its Leaf electric vehicle, plans a midcycle update as early as August that aims to deliver a big boost in the EV's driving range, a person familiar with the project said.... Read More »

Alfa's high-power reboot

12:01 am U.S. ET | June 29, 2015

To revive Alfa Romeo, Sergio Marchionne, CEO of Fiat Chrysler Automobiles, plans a performance-first approach. German premium competitors launch mainstream versions of their core models first and add high-performance variants later - RS at Audi, M at BMW and AMG at Mercedes-Benz. Alfa will do the opposite.... Read More »

Next-gen Prius may be ill-timed, but not ill-fated

12:01 am U.S. ET | June 29, 2015

While the timing isn't ideal, dealers, analysts and Toyota itself are all bullish on the prospects for the next-gen Prius. They credit the strength of the Prius brand, its promising looks and what's shaping up as a solid backup plan.... Read More »

Bill Ford to receive award from Steven Spielberg

1:15 pm U.S. ET | June 29, 2015

Ford Executive Chairman Bill Ford will receive the Ambassador for Humanity Award from the USC Shoah Foundation at the organization's gala on Sept. 10. Hollywood legend Steven Spielberg will present Ford with the award.... Read More »

GM ignition-switch death claims rise to 119

11:32 am U.S. ET | June 29, 2015

General Motors’ defective ignition switches are now linked to 119 deaths, two more than a week ago, the office of attorney Kenneth Feinberg said.... Read More »

Europe's car output may grow as China costs rise, VW exec says

June 29, 2015 12:12 CET

Automakers are returning some production to Europe from China as its cost advantage weakens, providing an opportunity for central European nations to attract investments, Martin Jahn, managing director of VW Group Fleet International, said.... Read More »

Fiat Chrysler's Jeep delay highlights challenges to a potential merger

June 29, 2015 10:50 CET

The chief of Fiat Chrysler Automobiles' Jeep brand, Mike Manley, says a redesign of its Grand Cherokee SUV will be delayed by at least a year, intensifying the challenges FCA CEO Sergio Marchionne faces in his quest for a partner.... Read More »

Message to NHTSA: Reform first, funding later

12:01 am U.S. ET | June 29, 2015

In previous congressional hearings on auto safety, the National Highway Traffic Safety Administration's shortcomings in major defect cases were largely cast as the result of corporate deception and a lack of agency resources. But a yearlong audit released last week by the U.S. Transportation Department's inspector general zeroed in on NHTSA's own failures, and made clear that its problems go much deeper than funding.... Read More »

Car guy Lutz still has the vision for flying high

12:01 am U.S. ET | June 29, 2015

Bob Lutz, the former General Motors product development chief who turned 83 in February and is getting married this summer, is still involved with sports car startup VL Automotive - and is still flying jet airplanes.... Read More »

Dodge to build more Hellcat engines

12:01 am U.S. ET | June 29, 2015

Fiat Chrysler plans to substantially increase production of the popular 707-hp Hellcat engines. Tim Kuniskis, head of the Dodge and SRT brands, said the additional V-8 engines will help Dodge catch up to a "huge flood" of orders for Hellcat-powered versions of the Challenger and Charger.... Read More »

Isn't it obvious? It'll be a Caddy crossover

12:01 am U.S. ET | June 29, 2015

General Motors announced last week that it will invest $245 million at its Orion Assembly plant in Michigan Lake Orion, Mich., assembly plant for production of an unnamed model. What might that model be? Speculation has centered on a small Cadillac crossover.... Read More »

 
Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
Most Read