Executive ANE

Retired Ford exec Mascarenas joins ON Semiconductor's board

3:46 pm U.S. ET | Nov. 21, 2014
Retired Ford chief technical officer Paul Mascarenas has joined ON Semiconductor's board of directors. Mascarenas, 53, also joined the semiconductor supplier’s science and technology committee, the company said Thursday.... 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 »

 

Opel names new engineering chief

Nov. 21, 2014 10:25 CET
Opel named Charlie Klein as its new engineering chief, promoting the executive from his current post as the brand's chief engineer for light commercial vehicles.... Read More »

 

Gestamp expects China to be its No. 3 market by 2015

Nov. 21, 2014 06:01 CET
Gestamp, a Spanish supplier of metal auto parts, predicts that by 2015 China will become its third-largest market worldwide, after Germany and Spain.... Read More »

 

GABE NELSON

Fisker flexes muscle with coachbuilt 725-hp Mustang

2:55 pm U.S. ET | Nov. 20, 2014
Henrik Fisker, the Danish designer behind the Aston Martin DB9, BMW Z8 and the ill-fated Fisker Karma plug-in hybrid, apparently can design an American muscle car, too.... Read More »

 

BMW may need to boost i8 output to cut waiting time

Nov. 20, 2014 18:26 CET
BMW may have to increase production of its i8 plug-in hybrid supercar to meet high demand. The waiting time of up to 18 months for the 120,000 euro coupe is too long, BMW sales chief Ian Robertson said.... Read More »

 

VINCE BOND JR.

Chevy Chaparral 2X Vision Gran Turismo concept pays homage to past, future

3:36 pm U.S. ET | Nov. 20, 2014
It's ironic that the most futuristic Vision Gran Turismo virtual racer to date also has the deepest historical ties to motorsports.... Read More »

 

Alfa Romeo midsize sedan will be unveiled next June

Nov. 20, 2014 10:04 CET
Alfa Romeo's new midsized sedan will be unveiled next June, according to sources. The sedan will be positioned in the market between the BMW 3 series and 5 series, sources said.... Read More »

 

Schaeffler posts 36% jump in Q3 profit on car demand rebound in Europe

Nov. 20, 2014 15:12 CET
Schaeffler said profit rose 36 percent in the third quarter because of recovering car demand in Europe and growth in China. The supplier has lowered debt to 5.77 billion euros from more than 10 billion euros when its bid for Continental backfired.... Read More »

 

GM shuffles top execs for quality, purchasing, powertrain

4:30 pm U.S. ET | Nov. 20, 2014
GM said Grace Lieblein will replace Alicia Boler-Davis as head of global quality as the company caps a year of record recalls. Boler-Davis, who has been in charge of quality since July 2013, will retain responsibilities for customer experience and oversee OnStar as well. Lieblein, currently head of purchasing, will be replaced by powertrain chief Steve Kiefer.... Read More »

 

NHTSA tells Marchionne to speed up Jeep recall fix

1:58 pm U.S. ET | Nov. 20, 2014
Chrysler Group CEO Sergio Marchionne was sent a stern letter Thursday from federal regulators to speed up repairs of recalled Jeep SUVs that face a heightened fire risk.... 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 »

 

DAVE GUILFORD

Ghosn sets the record straight on price-fixing conspiracy

12:53 pm U.S. ET | Nov. 20, 2014
In our package of stories on supplier price-fixing published Monday, one report said Carlos Ghosn inadvertently created the bid-rigging tradition. It was an intriguing scenario. But Carlos Ghosn begs to differ.... Read More »

 

BMW CEO to join Siemens supervisory board, report says

Nov. 20, 2014 15:46 CET
BMW CEO Norbert Reithofer will be nominated to join the supervisory board of German engineering company Siemens, German monthly Manager Magazin said, without citing sources.... Read More »

 

Cadillac chief envisions $250,000 flagship car -- in 2029

10:45 pm U.S. ET | Nov. 19, 2014
Cadillac's new boss believes General Motors' luxury brand could eventually sell ultra-luxury cars that retail for a quarter-million dollars by 2029. Cadillac may also get more crossover models to supplement the SRX.... Read More »

 

Cadillac will report its own financial results, de Nysschen says

5:59 pm U.S. ET | Nov. 19, 2014
GM's Cadillac luxury line, working to revive its image, will begin reporting financial results about 2017 and double global sales by the end of the decade, said Johan de Nysschen, the brand's chief.... Read More »

 

Obama nominates NTSB's Mark Rosekind to lead NHTSA

5:30 pm U.S. ET | Nov. 19, 2014
President Barack Obama nominated transportation expert Mark Rosekind to lead the National Highway Traffic Safety Administration, which has come under heavy criticism this year for a perceived slow response to major recalls and safety concerns.... Read More »

 

GM getting positive reviews on Wall Street despite record recalls

8:51 am U.S. ET | Nov. 19, 2014
If relative value means anything, GM may be the best buy in the auto industry. That, at least, is the consensus of bullish analysts, who are extolling the highest-quality vehicles in decades and operating margins to go with them, even as GM suffers a record recall of cars.... Read More »

 

Audi's China PR director faces corruption probe, report says

Nov. 19, 2014 10:39 CET
Audi's public relations chief in China, Lu Minjie, is under investigation by the central Chinese government's anti-corruption task force, according to Chinese media.... Read More »

 

Ford, GM business seen buoying Takata as U.S. probes airbags

6:44 am U.S. ET | Nov. 19, 2014
Carmakers continue to support Takata even as the Japanese supplier suffers widening scrutiny by United States regulators over airbags blamed for at least five deaths. Ford, Honda and GM have worked with Takata on new car features over so many years that it would be difficult, if not impossible, to quickly move to alternative supplier.... Read More »

 

Toyota's Lentz says more replacement inflators coming next month

6:37 am U.S. ET | Nov. 19, 2014
Toyota, seeking to speed up progress on a recall begun in 2013, is anticipating a greater supply of inflators for Takata airbags being replaced in millions of cars.... Read More »

 

Schaeffler targets 12%-13% margin over long term

Nov. 18, 2014 12:30 CET
Schaeffler says it aims to keep its operating margin in the region of 12 percent to 13 percent over the long term as it expects the economic environment in its key markets to remain positive.... Read More »

 

Daimler, BMW cooperate on suppliers in Mexico

Nov. 18, 2014 10:17 CET
Daimler and BMW are working together to build a network of suppliers for their new factories in Mexico as both carmakers aim to take advantage of the country's tariff-free access to the U.S. market.... Read More »

 

 
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