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Hackett almost didn't take Ford CEO job, suggested someone else for role

When Jim Hackett was offered the position as CEO of Ford last May, he almost declined. "I needed time with my family and a deep moment to think about it," he said.

UPDATED: 1/16/18 10:13 pm ET -- adds details
Ford expects autonomy, mobility to take $300M bite out of 2017 earnings

Ford expects its investment on mobility and autonomous vehicles to reduce its 2017 earnings by $300 million, providing a breakout of its investments in the future for the first time. Despite that hit, Ford said 2017 preliminary net income grew 70 percent due in large part to a much lower effective tax rate.

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Classic thunk, front axles, newfound opulence: What scribes are saying about '19 Mercedes G class

After several rounds of teaser photos and camouflaged shots, Mercedes-Benz officially pulled the covers off the next-gen G class. The iconic SUV, which has morphed from a military vehicle to a high-end luxury ride, had a memorable unveiling with an assist from Arnold Schwarzenegger, Daimler CEO Dieter Zetsche and what's left of Detroit's Michigan Theatre. Here's some initial G-class reaction from the automotive media.

Quick Spin: Daily mobility news for 1.16.18

Fiat Chrysler Automobiles CEO Sergio Marchionne confirmed that he intends to step down in 2019 in a wide-ranging interview with Bloomberg in which he predicts widespread Level 4 autonomy and electrification in 10 years.

Kia Forte gains fuel efficiency, polish for 2019

Design cues from Kia's Stinger sport sedan have made their way to the third-generation Kia Forte sedan and the compact car is receiving an engineering overhaul that improves fuel economy and powertrain refinement.

Hyundai Veloster gets more muscular

Hyundai is reviving its Veloster hatchback for the 2019 model year with a new platform and the brand's first-ever N performance model for the U.S. market, along with a more muscular design akin to a sport coupe.

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