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PSA to electrify global product lineup by 2025

French automaker PSA plans to bring electrified options to its full car and light-truck lineup by 2025, joining other automakers in pledging to widely deploy partial or fully electric powertrains to lower emissions, CEO Carlos Tavares said Wednesday.

Magna keeps wide funnel for ideas

Swamy Kotagiri, Magna International 's chief technology officer, sees a wide variety of ideas come across his desk. It comes with the territory.

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Quick spin: Daily mobility news for 1.17.18

Good morning from your friends at Quick Spin! We're wrapping up at the North American International Auto Show and looking forward to a long break from convention centers. If you haven't had enough, check out our coverage from the Automotive News World Congress, where industry leaders share their views on the challenges of the future. -- Katie Burke

Ghosn hints he may leave Renault CEO role

Carlos Ghosn opened the door to stepping down as Renault CEO, as he focuses on the Franco-Japanese alliance he built with Nissan and Mitsubishi. Renault is said to be searching for a successor who could take on a more operational role - with people who work at Renault or who once worked at the automaker as the top candidates.

Mercedes plans more SUVs

Mercedes will respond to growing demand for SUVs by expanding its lineup with more models, most likely in the fast-growing compact segment.

Cadillac projects record global sales in 2018

Project Pinnacle, Cadillac's overhaul of dealership operations, is working as designed and is expected to help the brand reach record global sales in 2018, according to Cadillac President Johan de Nysschen.

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.