Executives

Ford plans major new building near train station in Detroit

Ford's development arm plans to tear down an old brass factory in Detroit's Corktown neighborhood and redevelop the site with a large new building near its recently purchased train station project.

UPDATED: 6/19/18 10:33 am ET -- adds Audi statement
Audi suspends Stadler, installs Schot as interim CEO

Audi suspended CEO Rupert Stadler and appointed Bram Schot as an interim replacement effective immediately, a day after Stadler's arrest in connection with a diesel emissions probe in Germany.

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MORE EXECUTIVE NEWS TALK FROM THE TOP FINAL ASSEMBLY
GM adjusts executive roles for Ammann, Reuss

General Motors is realigning responsibilities of two of its top executives, allowing GM President Dan Ammann to better concentrate on the automaker's development and deployment of autonomous vehicles. Ammann, who was already overseeing the operations, is relinquishing responsibilities for Cadillac and GM's global portfolio planning to product chief Mark Reuss.

Continental board plans powertrain IPO, report says

Continental's supervisory board is moving ahead with plans for an initial public offering of its powertrain unit and a new corporate structure by early July, a sign the supplier's biggest overhaul in decades is taking shape, according to people familiar with the matter.

Volvo extends global footprint with U.S. factory opening

Volvo is expanding its global manufacturing footprint with the inauguration of its first U.S. assembly plant, where it is investing about $1.1 billion to launch output this autumn of the redesigned S60 sedan for domestic and global markets.

Hackett sought to 'push the edges' of automaker's office design

Ford CEO Jim Hackett stopped a planned 10-year Dearborn campus renovation to give it a 'much healthier' design. The project eventually included the establishment of an autonomous vehicle development campus in Detroit, anchored by a long-blighted train station.


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