Suzuki Motor appoints scion as CEO to rebuild after testing scandal

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.

Porsche CEO expects boost from retooled Panamera
UPDATED: 6/29/16 9:08 am ET - adds details, U.S. pricing

Porsche expects the retooled, second-generation Panamera to give a boost to the weakest performing model in its portfolio. Porsche is targeting luxury car buyers with a sportier, sleeker version of the four-door coupe-styled sedan that lands in U.S. dealerships early next year.

Brexit may cost carmakers 2.8 million global sales, IHS says

The UK's vote to leave the EU may cost automakers about 2.8 million light-vehicle sales worldwide through 2018, researcher IHS Automotive said. The

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Jeep Compass, Patriot replacement due early next year

The single vehicle replacing the Jeep Compass and Patriot will debut in late September in Brazil and will retain one of the two names, Jeep brand head Mike Manley said Thursday. The vehicle, known internally as the C-SUV, is not delayed and will be shown in the U.S. at the L.A. Auto Show in November. It will go sale in the U.S. in early 2017. Jeep has also set a hard date for the introduction of a long-awaited Wrangler-based pickup: Early 2018.

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