Executive AN

Wilbur Ross steps down as chairman of IAC to take bank board spot

4:14 pm U.S. ET | Nov. 21, 2014
Wilbur Ross, the billionaire turnaround artist who launched International Components Group in 2006, is stepping down as IAC’s board chairman to take a senior position at the Bank of Cyprus.... Read More »

 

Fatigue-expert NHTSA nominee could mean more infotainment scrutiny

3:04 pm U.S. ET | Nov. 21, 2014
The nominee to lead the National Highway Traffic Safety Administration is an expert in fatigue and pilot alertness, which signals the auto industry’s drive to bring more Internet services and infotainment into cars should get intense scrutiny.... Read More »

 

Hertz hires airline veteran Tague to revive company

12:12 pm U.S. ET | Nov. 21, 2014
Hertz Global Holdings named John Tague as its new CEO, appointing the manager credited with boosting sales at United Airlines to restore investors' confidence in the car-rental company plagued by an aging fleet and sloppy accounting.... Read More »

 

Ferrari names Edwin Fenech head of N.A. unit

4:11 pm U.S. ET | Nov. 20, 2014
Ferrari has named 14-year employee Edwin Fenech as CEO of the premium sports car maker's North American unit.... Read More »

 

GM names Stephen Carlisle to head Canada unit

3:51 pm U.S. ET | Nov. 20, 2014
General Motors today named Stephen Carlisle the new president and managing director for GM Canada as the company’s current chief for Canada, Kevin Williams, prepares for retirement at year's end.... Read More »

 

Harold Coker, founder of antique tire maker Coker Tire, dies at 84

4:55 pm U.S. ET | Nov. 17, 2014
Harold Coker, founder of Coker Tire in Chattanooga, which produces tires for antique vehicles, died Sunday. He was 84.... Read More »

 

American Axle hires former Mich. car czar Francis

4:01 pm U.S. ET | Nov. 17, 2014
Nigel Francis, former car czar for the state of Michigan, has been appointed as vice president of corporate planning for American Axle & Manufacturing in Detroit.... Read More »

 

Hyundai's U.S. marketing boss Shannon steps down

10:20 am U.S. ET | Nov. 14, 2014
Hyundai Motor America marketing chief Steve Shannon, the General Motors veteran who joined Hyundai in 2011 to help the Korean brand continue its ascendance in the United States market, has parted ways with the company.... Read More »

 

Former Honda executives chide CEO Ito over quality, recalls

10:03 am U.S. ET | Nov. 12, 2014
Two former Honda Motor chiefs have called on CEO Takanobu Ito this year, urging him to focus more on quality issues, increasing the pressure he's already under from federal regulators and politicians over mass airbag recalls.... Read More »

 

Takata's chairman a no-show as airbag crisis endangers dynasty

11:06 am U.S. ET | Nov. 11, 2014
Takata Chairman Shigehisa Takada’s failure to come forward and address an airbag crisis ensnaring the world’s biggest automakers risks shaking investor confidence in the 81-year-old manufacturer’s prospects.... Read More »

 

Hyundai Motor, Kia to spend $616 million to buy back shares

7:14 am U.S. ET | Nov. 11, 2014
Hyundai Motor and Kia Motors will buy back a combined 670 billion won ($616 million) of stock after their purchase of a Seoul property for three times the assessed price spurred a sell-off.... Read More »

 

New UAW president vows to be more open to members, public

7:56 am U.S. ET | Nov. 9, 2014
As the UAW faces what many observers say will be the most difficult contract talks with the Detroit automakers in decades in 2015, its new president said more open communication with union members and the public will help at the bargaining table.... Read More »

 

AMY WILSON

Joe Herman's lessons about the business will live on

9:46 am U.S. ET | Nov. 8, 2014
Joe Herman, even in the months before his death at age 72 in October, was focused on keeping his auto dealerships at the forefront of technology.... Read More »

 

Indianapolis Motor Speedway restorationist Bill Spoerle dies at 80

4:20 pm U.S. ET | Nov. 7, 2014
Bill Spoerle, the Indianapolis Motor Speedway restoration manager, died Tuesday. He was 80.... Read More »

 

Alex Vetter named new CEO of Cars.com

12:50 pm U.S. ET | Nov. 7, 2014
Alex Vetter has been appointed CEO and president of Cars.com by owner Gannett, Cars.com announced today. He replaces longtime president Mitch Golub, who has announced his retirement but is staying on until March.... Read More »

 

Ex-Ferrari boss Montezemolo picked to be chairman of Italy's Alitalia, report says

10:57 am U.S. ET | Nov. 6, 2014
Alitalia has lined up former Ferrari boss Luca Cordero di Montezemolo as chairman and Etihad Airways CEO James Hogan as his deputy in the new company that will be formed when the Italian airline ties up with the Abu Dhabi-based carrier, two sources close to the matter told Reuters today.... Read More »

 

'Car Talk' co-host Tom Magliozzi dies at age 77

3:42 pm U.S. ET | Nov. 3, 2014
Tom Magliozzi, the retired co-host of National Public Radio's “Car Talk” show known for his contagious laugh and car-infused banter, died today, NPR said. Magliozzi died of complications from Alzheimer's disease. He was 77.... Read More »

 

Kia Motors says president resigned over prolonged wage disputes

7:11 am U.S. ET | Oct. 31, 2014
Kia Motors said its president, Lee Sam-ung, has resigned to take responsibility for "enormous" production losses caused by recent strikes by its South Korean union during wage talks.... Read More »

 

Daimler, VW dampen speculation about imminent CEO succession

11:02 am U.S. ET | Oct. 30, 2014
Succession is not an imminent topic at Daimler or Volkswagen, the chief executives of both carmakers said today, adding that any potential candidates would most likely come from within their respective companies.... Read More »

 

Ford’s Fields lunch auction draws top bid of $100,000

3:57 pm U.S. ET | Oct. 29, 2014
The price to have lunch with Mark Fields? $100,000. Ford's new CEO will have an exclusive lunch with the highest bidder to benefit Detroit charity Focus: HOPE.... Read More »

 

Betts leaves Chrysler after another poor quality showing

9:39 am U.S. ET | Oct. 28, 2014
Fiat Chrysler's quality chief has left the company, a day after the automaker ranked last in a closely watched scorecard on vehicle reliability in the United States. Doug Betts, 51, who joined Chrysler from Nissan in 2007, will “pursue other interests,” Chrysler said in a statement today.... Read More »

 

Obama administration eyes leadership change at NHTSA, report says

11:35 am U.S. ET | Oct. 28, 2014
The acting chief of the NHTSA, the top federal automotive safety regulator, is unlikely to be nominated for the job and an active search is under way to fill the position, a source familiar with the matter told Reuters on Monday.... Read More »

 

HANS GREIMEL

New Subaru marketing could foreshadow upmarket push

10:24 am U.S. ET | Oct. 28, 2014
If you liked the quality of Subaru cars before, you're going to love the “new” quality the brand aspires to. That's the marketing meme Subaru is cultivating in Japan under a “New Subaru Quality” push aiming to move its image upmarket.... Read More »

 

Honda, after 5th Fit recall, appoints first quality czar; top execs take pay cut

6:28 am U.S. ET | Oct. 23, 2014
In an unprecedented move, Honda, announcing its fifth Fit recall in 12 months, appointed a quality czar to clamp down on problems. Senior executives will also take pay cuts for three months to take responsibility for the recall-plagued car.... Read More »

 

Jay Leno signs deal to host new car series for CNBC

11:25 am U.S. ET | Oct. 15, 2014
Comedian Jay Leno, who was the host of NBC's "Tonight Show" for more than 20 years, will return to television next year to host a new series about cars, the cable network CNBC said today.... Read More »

 

 
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Special Report
How 3 dealerships are connecting with tech-savvy shoppers

How 3 dealerships are connecting with tech-savvy shoppers

Three dealers have found ways to forge bonds with car shoppers who are short on time and long on Web smarts. A Honda store has mobilized a young sales team hired from Starbucks and Best Buy. Mon., November 17
» Watch the Video