Executives

VW may seek damages from Winterkorn over emissions violations

Volkswagen is reviewing whether to seek damages from former CEO Martin Winterkorn, who was at the helm when the company disclosed it had cheated on emissions tests, VW supervisory board member Stephan Weil told a newspaper.


Trump says 'getting there' in NAFTA talks with Canada, Mexico

President Trump said progress was being made in talks to update the NAFTA trade accord between the United States, Canada and Mexico, but he held out the prospect of striking bilateral pacts.

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MORE EXECUTIVE NEWS TALK FROM THE TOP FINAL ASSEMBLY
GM adjusts executive roles for Ammann, Reuss

General Motors is realigning responsibilities of two of its top executives, allowing GM President Dan Ammann to better concentrate on the automaker's development and deployment of autonomous vehicles. Ammann, who was already overseeing the operations, is relinquishing responsibilities for Cadillac and GM's global portfolio planning to product chief Mark Reuss.

Continental board plans powertrain IPO, report says

Continental's supervisory board is moving ahead with plans for an initial public offering of its powertrain unit and a new corporate structure by early July, a sign the supplier's biggest overhaul in decades is taking shape, according to people familiar with the matter.

Volvo extends global footprint with U.S. factory opening

Volvo is expanding its global manufacturing footprint with the inauguration of its first U.S. assembly plant, where it is investing about $1.1 billion to launch output this autumn of the redesigned S60 sedan for domestic and global markets.

Hackett sought to 'push the edges' of automaker's office design

Ford CEO Jim Hackett stopped a planned 10-year Dearborn campus renovation to give it a 'much healthier' design. The project eventually included the establishment of an autonomous vehicle development campus in Detroit, anchored by a long-blighted train station.


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