BorgWarner appoints new COO

BorgWarner promoted Frederic Lissalde to chief operating officer, filling a post that has been vacant since James Verrier was named CEO in 2013.

GM parts with former labor exec charged in training fund probe

Alphons Iacobelli, a former labor relations executive facing several criminal charges for the alleged misuse of funds to retrain workers, is no longer employed by General Motors.


Ex-VW exec Schmidt gets max 7 years, $400,000 fine for U.S. emissions violations

Oliver Schmidt, the former executive who spearheaded Volkswagen's multiyear efforts to keep its conspiracy to cheat on diesel emissions a secret from U.S. regulators, received the maximum sentence possible from a federal judge in Detroit.

MORE EXECUTIVE NEWS TALK FROM THE TOP FINAL ASSEMBLY
Mexico plots open trade course to escape Trump's threats

President Donald Trump's "America First" brand of economic nationalism is pushing Mexico to seek sanctuary in more open commercial ties elsewhere to soften the blow of a possible breakdown of the North American Free Trade Agreement.

UPDATED: 12/12/17 3:06 pm ET - adds details
Tesla wins largest Semi truck preorder yet, from PepsiCo

PepsiCo has reserved 100 of Tesla's new electric Semi trucks, the largest-known order of the big rig, as the maker of Mountain Dew soda and Doritos chips seeks to reduce fuel costs and fleet emissions.

LETTER TO THE EDITOR
Only Musk can get away with this

Burning through $1 billion per quarter, or $8,000 per minute? Anyone but Elon Musk would be waving a white flag or contemplating leaving the country (planet).

GM-Lyft relationship? It's complicated

General Motors has reaped financial benefits and learnings from its $500 million investment in the ride-hailing company Lyft; however, the long-term parameters of the relationship between the two remain uncertain.

BMW roasts big dealer in countersuit

Megadealer Norman Braman filed a federal lawsuit against BMW in September, arguing that changes to a bonus program illegally modified franchise agreements. Now BMW has issued a scorching response.

ZF CEO's 'reckless' buying spree led to his departure

The departure of ZF CEO Stefan Sommer shows that politics and entrepreneurism rarely are a good match. Sommer turned ZF into the world's second-largest supplier but his global expansion ambitions were considered "reckless" by the head of the foundation that owns the supplier.

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