JLR chief Speth 'regrets' Brexit processFri, 01, Jul 2016
Jaguar Land Rover CEO Ralf Speth says he “regrets” the political process that lead to the UK's exit from the EU, indicating that the British people weren't properly informed about the consequences of a Brexit. Speth added that the outcome of the vote didn't affect JLR's investment plans in the country.
U.S. traffic deaths jump 7.7% in 2015 to 35,200Fri, 01, Jul 2016
U.S. traffic deaths rose 7.7 percent in 2015 over the previous year to 35,200, the highest number of people killed on U.S. roads since 2008, the government's preliminary estimate reviewed by Reuters shows.
BMW teams up with Intel, Mobileye on self-driving tech, report saysThu, 30, Jun 2016
BMW is working on a development partnership for self-driving technology with Israeli collision detection software maker Mobileye and U.S. chipmaker Intel, people familiar with the matter said today.
Aston CEO sees short-term Brexit gainFri, 01, Jul 2016
Aston Martin will see a short-term financial gain from the crash in the pound's value following the UK's decision to leave the European Union, CEO Andy Palmer said. “A weak pound obviously helps our exports in terms of profit-per-unit,” Palmer told Automotive News Europe.
Robert Cox, ad man behind Ford's 'Quality is Job 1' pitch, diesWed, 29, Jun 2016
Robert Cox, an outspoken New York advertising executive who helped Ford embrace the slogan “Quality is Job 1” in the 1980s and later crafted ad campaigns for Honda and Saturn, has died. He was 78.
Industry's sales record streak to end in 2016?Thu, 30, Jun 2016
A newly released report from AlixPartners forecasts U.S. light-vehicle sales of 17.5 million in 2017 -- down slightly from this year's 17.8 million forecast. The consulting firm expects U.S. sales to bottom out at 15.2 million vehicles in 2019.
GM slashes 4G broadband data-plan pricingWed, 29, Jun 2016
General Motors is cutting rates in half on its OnStar 4G LTE data plans, a bid to drive greater use of in-vehicle Internet service and plug what the company sees as a key differentiator.
Ally shareholder Feinberg resigns from board after showdown with advisory firmTue, 28, Jun 2016
Stephen Feinberg, Ally Financial's third-largest shareholder, stepped down from the auto lender's board after an investor-advisory firm faulted his ability to use the stock as collateral for debt.
Suzuki Motor appoints scion as CEO to rebuild after testing scandalWed, 29, Jun 2016
Suzuki Motor Corp. tapped the son of the company patriarch to become CEO, keeping management of Japan's fourth-largest automaker with the founding family as it tries to recover from a testing scandal.
Tesla investor group wants more independent board, cites Musk tiesTue, 28, Jun 2016
An investor group called on Tesla to add two independent directors to its board and separate the roles of chairman and chief executive as it highlighted founder and CEO Elon Musk's dominance of the board in the wake of Tesla's proposed bid for SolarCity.
Citroen seeks salvation in new wave of quirky carsTue, 28, Jun 2016
Citroen went from oozing elegance and quirky charm to producing vehicles that lacked the panache of their ancestors. The arrival of the C4 Cactus rekindled Citroen's spark. CEO Linda Jackson aims to capitalize on this momentum with new design that's somewhere "between different and bizarre."
Uber, Lyft settle litigation involving top executivesTue, 28, Jun 2016
Rival ride services Uber and Lyft have settled high stakes litigation involving two of their top executives, court filings show, in advance of a trial that could have aired sensitive details about both companies.