Executive ANE

From behind the scenes to Honda's center stage

12:01 am U.S. ET | Feb. 28, 2015
Takahiro Hachigo's consensus-driven leadership style could help bring a sense of closure and cohesion to Honda after a tumultuous era marred by economic crises, natural disasters and quality glitches.... Read More »

 

NICK GIBBS

Aston's clever distractions

12:01 am U.S. ET | Feb. 27, 2015
Aston Martin is cleverly covering up its biggest weakness -- its slow-selling, money-losing, aging lineup -- by creating headline-grabbing limited-edition models.... Read More »

 

Dodge dealers called out for 'unscrupulous' Hellcat sales practices by FCA exec

9:32 pm U.S. ET | Feb. 27, 2015
Fiat Chrysler has taken the unusual step of warning some of its most enthusiastic customers -- about some of its dealers. At issue is outsized consumer demand for the 2015 Dodge Charger and Challenger SRT Hellcats and dealer practices that the company says are “unscrupulous” and perhaps illegal.... Read More »

 

Auto safety advocate's work on airbags goes back to 1996

1:51 pm U.S. ET | Feb. 27, 2015
David Kelly, the former acting chief of the National Highway Traffic Safety Administration, was hired this week to oversee the 10-automaker consortium searching for the root cause behind Takata airbag explosions. But this isn't the first time that Kelly has had to deal with airbags endangering lives they're designed to save.... Read More »

 

VW Group reports record profit on Audi, Porsche gains

Feb. 27, 2015 15:56 CET
VW Group said its operating profit rose 8.8 percent to a record 12.7 billion euros ($14.25 billion) last year on double-digit gains in sales of luxury Audi and Porsche models. The company said its sales revenue rose 2.8 percent to a new high of 202.5 billion euros.... Read More »

 

Group 1 names banker Doyle Arnold to its board

12:51 pm U.S. ET | Feb. 27, 2015
Group 1 Automotive has named a new director to its board seven days after another director resigned. The retailer said today its board of directors appointed Doyle Arnold, 66, as a Class I Director, effective immediately.... Read More »

 

GM retrenches in Thailand after Indonesia retreat

11:24 am U.S. ET | Feb. 27, 2015
A day after announcing it is to stop making GM-branded cars in Indonesia, General Motors today said it would cease production of its Chevrolet Sonic in Thailand by the middle of this year.... Read More »

 

Mazda launches CX-3 small SUV, bets on diesel-only car for Japan

7:30 am U.S. ET | Feb. 27, 2015
The Mazda CX-3 compact crossover went on sale in Japan today with the carmaker offering a 1.5-liter diesel engine as the nameplate's only powerplant. That won't happen in the US, says chief engineer Michio Tomiyama: “In America, it will be only gasoline.”... Read More »

 

Former BMW exec Diess starts as VW brand boss in July

Feb. 27, 2015 16:20 CET
Former BMW executive Herbert Diess will take charge of Volkswagen's core brand from Martin Winterkorn three months earlier than planned, VW said.... Read More »

 

Marchionne raises FCA stake as Ferrari spinoff nears

Feb. 27, 2015 13:53 CET
Fiat Chrysler Automobiles CEO Sergio Marchionne has increased his voting stake in FCA to nearly 1 percent after raising his shareholding in the company by 2.3 million common shares to 14.4 million as the automaker readies to spin off Ferrari.... Read More »

 

ANE's March e-magazine goes live Monday

Feb. 27, 2015 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, March 2. This month's edition looks why ultraluxury brands such as Bentley, Lamborghini, Rolls-Royce and Maserati are poised to keep experiencing unprecedented success.... Read More »

 

Nissan expects to reach 10% U.S. share goal ahead of schedule

9:15 pm U.S. ET | Feb. 26, 2015
Nissan North America Chairman Jose Munoz outlined a four-prong capacity expansion plan that could power Nissan to its 10 percent U.S. market share goal ahead of schedule. He also said he targets increased North American operating profit margin of at least 8 percent, thanks to an influx of high-margin nameplates such as the Murano crossover and Maxima sedan.... Read More »

 

JAMIE LaREAU

The dream Mr. K offered in the Nissan 300ZX is alive and well

3:44 pm U.S. ET | Feb. 26, 2015
“If I had a Z … ” That's the opening line to the car commercial that I most remember from my youth. It touted the Nissan 300ZX sports car.... Read More »

 

Federal-Mogul delays split into two public companies

9:58 am U.S. ET | Feb. 26, 2015
Federal-Mogul, the powertrain and aftermarket parts supplier controlled by Wall Street investment mogul Carl Icahn, said this week it will delay a prior plan to split into two separate public companies during the first half of this year.... Read More »

 

Lada proves popular in Crimea's vacated car market

Feb. 26, 2015 13:40 CET
Lada, Russia's biggest car brand, has become a favorite in Crimea after its annexation by Vladimir Putin's government. The first official Lada dealership opened in October and local customers are now ordering up to 300 cars a month, compared with the 155 sold in 2013, when Crimea was part of Ukraine.... Read More »

 

GM cuts capacity, jobs in Indonesia, where Japanese dominate

7:32 am U.S. ET | Feb. 26, 2015
General Motors is to stop making cars in Indonesia, a battleground for global automakers in emerging Southeast Asia, closing an assembly plant, axing some 500 jobs and shifting its branding focus to SUVs.... Read More »

 

Daimler plans years of cost cuts to offset investments to reduce CO2 emissions

Feb. 26, 2015 10:26 CET
Daimler plans to offset higher costs for technology to cut CO2 emissions with material cost savings for at least the next few years, Chief Financial Officer Bodo Uebber said.... Read More »

 

VW CEO Winterkorn sees former BMW, Daimler managers as potential successors, report says

Feb. 25, 2015 13:04 CET
Volkswagen Group CEO Martin Winterkorn sees Andreas Renschler and Herbert Diess, who are joining VW from rivals Daimler and BMW, among his potential successors, according to a German magazine.... Read More »

 

Valeo sees further profit gain after beating 2014 goal

Feb. 25, 2015 10:33 CET
Valeo is targeting a further boost in profitability this year after exceeding its 2014 goals on strong demand for emissions-cutting technologies and intuitive driving systems. The company's operating profit margin rose to 7.2 percent last year beating a 7 percent goal.... Read More »

 

RICHARD TRUETT

De Nysschen, 'Dare' I say, needs a better plan to rebuild Caddy's image

12:01 am U.S. ET | Feb. 24, 2015
An open letter to Cadillac boss Johan de Nysschen: Fixing Cadillac will be the biggest challenge of your career, a far larger task, even, than breathing new life into Audi. My brother is a perfect example why.... Read More »

 

Jaguar Land Rover 'is indeed looking' at N.A. plant, Tata says

11:16 pm U.S. ET | Feb. 24, 2015
Jaguar Land Rover is "indeed looking at North America as a location for another plant," said the chairman emeritus of owner Tata. His statement marks official confirmation of the British luxury maker's factory hunt.... Read More »

 

Tata plans image lift for ultracheap Nano

6:43 pm U.S. ET | Feb. 24, 2015
Tata Motors, producer of the car conceived as the world's cheapest, is rethinking the “cheap” part of it. The Indian automaker believes its Nano, which went on sale in 2009 with a price tag of about $2,500, may have been too inexpensive for its own good.... Read More »

 

Faurecia N.A. boss Heneka to retire March 1; Stidham named new president

3:12 pm U.S. ET | Feb. 24, 2015
Mike Heneka, who led an immense expansion effort in the US as president of Faurecia North America, will retire on March 1, the seating and emissions systems supplier said today.... Read More »

 

Honda CEO Ito to step down after quality lapses

1:40 am U.S. ET | Feb. 23, 2015
Honda President Takanobu Ito said he will step down and named Takahiro Hachigo, an r&d executive with wide international experience, as his replacement following a string of quality lapses that spurred a round of internal reforms.... Read More »

 

VW Eos output will end on declining cabrio demand

Feb. 23, 2015 19:06 CET
VW plans to stop making its Eos cabriolet as customer tastes shift away from convertibles in general and retractable hardtops like the Eos in particular. European sales of convertibles from volume carmakers fell 20 percent last year.... Read More »

 

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