Tesla shareholders urged to remove Musk from chairman's role

The largest proxy advisory firm is recommending that investors reject two of Tesla's board members, while also supporting a proposal to split the role of chairman and CEO.


SUBARU OF AMERICA CEO TOM DOLL: Another record year in view

Subaru continues on its record-setting sales roll of the past several years, as Tom Doll steps up to the role of CEO.

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Obituaries

Former highway safety official Tony Kane died Tuesday, May 15. Gary Perina, 73, founder of supplier Lucerne International, died May 15.

How Alcantara is managing demand from U.S., China

Alcantara, the maker of the upmarket leather alternative material of the same name, plans to double the company's overall production capacity in Italy as demand from the U.S. and Chinese markets continues to drive sales.

UPDATED: May 18 17:15 CET - adds details, comment
Mercedes to make compact EV in France

Daimler plans to invest $589 million into its plant in Hambach, France, to start producing a compact electric car for Mercedes. The new car, which will be part of Mercedes' EQ electric subbrand, will be built alongside the battery-powered Smart ForTwo.

VW takes Touareg upscale with high-tech features

VW has packed its new Touareg with the latest high-tech equipment available, including thermal imaging, a head-up display projected directly onto the windshield, and a fully digital cockpit with two large screens, making the SUV the brand's most advanced model to date.


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