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Hackett failed to win over Wall Street

In three years as CEO, the 65-year-old executive has overhauled Ford's product lineup and began an $11 billion restructuring to make the company a more agile competitor but hasn't stopped the decline in Ford shares.
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U.S. appeals court strikes down order for Barra, Manley to meet

Monday's ruling said U.S. District Judge Paul Borman failed to consider other possible remedies when he ordered GM's Mary Barra and FCA's Mike Manley to meet in person.
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Bigland plans to refile lawsuit against FCA in December

Fiat Chrysler's U.S. sales chief claims the automaker made him a scapegoat for sales practices that were investigated by federal officials. He intends to file an amended suit against his employer in December.
Why BMW, Mercedes, Ford are most at risk from new China tariffs

With no signs of the Trump administration's trade war with China ending soon, experts say automakers need to be prepared for volatility and added costs.
FCA paints grim picture of Marchionne's health
Comments by Fiat Chrysler and its chairman suggest that the 66-year-old has become gravely ill weeks after undergoing shoulder surgery.
Ford to stop selling sedans in N.A. as company nearly doubles cost-cutting target
Ford said it plans to stop selling all Ford brand sedans in North America and that it is nearly doubling its cost-cutting target. The automaker said it will either fix or eliminate unprofitable global operations.
Daimler: EVs in all shapes and sizes
The new vision for Smart speaks to how much new demands of electrification and autonomy are shuffling corporate strategies, even for a longtime technology leader such as Daimler.
Ford gets a 'proven transformational leader'
Bill Ford has frequently spoken of a desire to spark a cultural revolution within Ford, and now he has a CEO with a record of doing just that.
Before Ford, Hackett built reputation on transforming office furniture company
Jim Hackett, the man named to replace Mark Fields as CEO of Ford, spent most of his career running a Michigan furniture maker before Fields tapped him to steer Ford's investments in new forms of mobility.
GM's Opel 'confident' despite widening Europe loss in Q1
General Motors defied a slowdown in its U.S. home market while losses in Europe mounted. The company's European chief, Karl-Thomas Neumann, said the launches of new products including the Insignia family and two crossovers will boost the regional unit this year.
Why GM decided to sell Opel to PSA
GM executives said they decided to sell Opel because Europe's changing geo-political and regulatory climate demands more investment at a time when they see a greater need to focus on North America, China and emerging technologies.
GM will launch production, testing of self-driving Bolts
General Motors said it will be the first company to mass-produce autonomous vehicles, with test versions of Chevrolet Bolts equipped with self-driving technology planned to start rolling out of a Michigan plant in January.
GM begins deliveries of Chevrolet Bolt
General Motors made its first sales of the Chevrolet Bolt EV Tuesday, beginning a new era of more affordable, longer-range electric vehicles and fulfilling its promise to launch the vehicle before the end of 2016.
GM narrows Q3 loss in Europe but takes Brexit hit
GM narrowed its third-quarter loss in Europe but warned that achieving its target to break even in Europe this year would be "very challenging" after the UK's vote to quit the EU. The collapse of the pound has hit the automaker's European operations.
Ford's Fields says automaker is 'getting ahead' of industry changes
Ford CEO Mark Fields is working to prepare the automaker for a future in shared and autonomous vehicles by adding mobility services to its portfolio. He discussed this and more in an interview with Automotive News Europe sister publication Automotive News.