Executives

Mazda, DeLorean leader Dick Brown dies at 81

12:46 pm U.S. ET | Feb. 23, 2015
Dick Brown, who led Mazda Motor of America at its inception and helped form DeLorean Motor, died last month in La Quinta, Calif. He was 81.... Read More »

 

OMARI GARDNER

A no-holds-barred online Q&A with Cadillac boss Johan de Nysschen

3:46 pm U.S. ET | Feb. 23, 2015
Jalopnik beckoned its readers this afternoon to “Ask Cadillac President de Nysschen anything.” They were more than happy to oblige.... Read More »

 

Bugatti sells last Veyron, ending era for VW supercar

Feb. 23, 2015 14:52 CET
Volkswagen Group sold the 450th and final Bugatti Veyron, marking the end of one of the most exclusive supercars ever built. The 450 Veyrons were sold for an average price of about 2.3 million euros ($2.6 million) each.... Read More »

 

Social-media 'influencers' create product buzz, change policies

12:01 am U.S. ET | Feb. 23, 2015
An individual with social-media savvy can launch a discussion online that quickly influences industry actions. By knowing their audiences, influencers can quickly gain the same credibility with them as friends or neutral third parties. They can deliver messages more effectively than conventional media.... Read More »

 

China's Wanxiang to rebrand Fisker as Elux, report says

9:26 am U.S. ET | Feb. 23, 2015
Chinese auto parts maker Wanxiang Group will push back its planned relaunch of the defunct Fisker Karma hybrid sports car until mid-2016 and rebrand Fisker Automotive as Elux, two sources familiar with the plan told Reuters on Sunday.... Read More »

 

Daimler says it will sell more than 500,000 trucks this year, 700,000 by 2020

6:26 am U.S. ET | Feb. 23, 2015
Daimler expects truck sales to rise at least 5 percent to more than 500,000 this year and to 700,000 by 2020 due to rising demand in the U.S., helping to offset a slump in markets such as Brazil, trucks chief Wolfgang Bernhard said today.... Read More »

 

Glitches fuel soul searching at Honda

12:01 am U.S. ET | Feb. 23, 2015
Honda CEO Takanobu Ito is in the midst of another reinvention, this time to fix a string of quality problems. What sets this apart from previous efforts: The glitches were triggered in part by the ambitious overhauls Ito himself tried to implement.... Read More »

 

Ghosn pledges patience amid churn at Infiniti

12:01 am U.S. ET | Feb. 23, 2015
Nissan's Carlos Ghosn last week turned to another fresh face in his latest efforts to spark the Infiniti luxury brand. Unlike predecessors with backgrounds at Porsche and Ford, this one was groomed at General Motors.... Read More »

 

OUTSIDE-IN STRATEGY

Fields lures another Ford newbie in push for fresh thinking

12:01 am U.S. ET | Feb. 23, 2015
Ford CEO Mark Fields has plenty of reasons to fear being left behind as Tesla, Google and Apple shake up the auto industry. That’s why he’s hired another outsider to help his 112-year old automaker control its own destiny.... Read More »

 

Obituaries

12:01 am U.S. ET | Feb. 23, 2015
Obituaries for George Butts, Dick Gillmore and Hoot McInerney.... Read More »

 

TrueCar's new pitch: Factory coupons for shoppers

12:01 am U.S. ET | Feb. 23, 2015
TrueCar Inc. spent the past two years rebuilding relations with dealers. Now the vehicle-shopping site is turning its attention to automakers to boost sales. TrueCar is forming a council of manufacturer executives, similar to its dealer council, to advance its Live Prospect product, TrueCar President John Krafcik said.... Read More »

 

Ghosn's 10% share goal: No worries

12:01 am U.S. ET | Feb. 23, 2015
Carlos Ghosn's audacious drive to claim a 10 percent U.S. market share for Nissan and Infiniti by March 2017 looks to some in the competitive industry like a tall order. But Ghosn, CEO of Nissan Motor Corp., says no one needs to doubt him.... Read More »

 

Lithia launches pay plan to retain top store managers

12:01 am U.S. ET | Feb. 23, 2015
Lithia Motors Inc. has started a new program that identifies top managers and gives them increased stock ownership in lieu of cash. The goal is to retain top talent and improve store performance, says Lithia CEO Bryan DeBoer.... Read More »

 

RED CARPET NIGHT

Cadillac's new branding effort debuts at the Oscars; CT6 gets sneak peek

7:00 pm U.S. ET | Feb. 22, 2015
The commercials that Cadillac teed up for the Oscars broadcast Sunday night could be seen as simply the first step in what brand boss Johan de Nysschen has described as a "journey" to luxury prominence. Or maybe it's the crushing of the first batch of grapes -- de Nysschen has also likened Cadillac's comeback to "crafting a fine wine."... Read More »

 

Q&A

Nissan's Diaz says 2016 Titan is no F-150 look-alike

12:01 am U.S. ET | Feb. 21, 2015
Nissan's redesigned 2016 Titan pickup that debuted at the Detroit auto show drew plenty of comparisons to the Ford F-150. The shape of the grille and headlights, and the dip in the upper edge of the front doors recall styling of the F-150. But Nissan's senior vice president for U.S. sales and marketing and operations, Fred Diaz, says he never thought the truck had a close resemblance to Ford top seller.... Read More »

 

'Mr. K,' Datsun pioneer and father of the Z car, dies at 105

12:30 pm U.S. ET | Feb. 21, 2015
Yutaka Katayama, Nissan's first U.S. president, who grabbed American consumer awareness by introducing the affordable Datsun Z sports car in the early 1970s, has died at 105.... Read More »

 

GUEST BLOG

Cadillac has a new brand strategy involving subtlety and fashion

2:05 pm U.S. ET | Feb. 20, 2015
Bet you never thought you'd utter the words "Anna Wintour" and "Cadillac" in the same breath. Well, think again.... Read More »

 

TrueCar to stress mobile shopping as revenue surges

7:51 pm U.S. ET | Feb. 19, 2015
TrueCar is rebuilding its computer interface around mobile car-shopping to seize on a pronounced trend in its traffic volume, CEO Scott Painter said. In January for the first time, 50 percent of shoppers on TrueCar’s website got there via a mobile device, Painter said; that figure is expected to grow to 90 percent in 18 months.... Read More »

 

Volkswagen to promote Porsche CEO to management board, reports say

11:51 am U.S. ET | Feb. 19, 2015
Volkswagen plans to promote Matthias Mueller, currently head of Porsche, to its management board, reports said. Mueller will get a newly created post overseeing cooperation among VW Group's luxury sports brands, the reports said.... Read More »

 

GM names new top lawyer as embattled Millikin retires

9:43 am U.S. ET | Feb. 19, 2015
General Motors has named Craig Glidden, the top attorney at a global plastics and chemicals refiner, to succeed departing chief counsel Michael Millikin. Glidden, 57, oversaw legal, communications, government-affairs and compliance functions at LyondellBasell Industries, a Dutch company with US headquarters in Houston. Before that, he was general counsel at Chevron Phillips Chemical Co.... Read More »

 

Buffett, Soros boost stakes in GM, report says

8:00 am U.S. ET | Feb. 18, 2015
Warren Buffett and George Soros, the billionaires making headlines with moves to invest in auto retail, have boosted their stakes in General Motors, The Wall Street Journal reported.... Read More »

 

Ex-GM CEO Akerson cautions Apple on trials of making cars

6:15 am U.S. ET | Feb. 18, 2015
Dan Akerson, retired CEO of GM, said Apple should steer clear of the business of making cars, though a push into automobile electronics would be a better move for the iPhone maker.... Read More »

 

Q&A

JM&A is in growth mode

11:00 am U.S. ET | Feb. 18, 2015
F&I product vendor JM&A Group sold a record 3.2 million contracts in 2014. That was up from 3 million contracts in 2013 and 2.5 million in 2012. And the company is looking for about 6 percent growth in 2015, President Forrest Heathcott says.... Read More »

 

JAMIE LaREAU

Are flat finance fees inevitable? How to lessen the blow

11:30 am U.S. ET | Feb. 18, 2015
Flat finance fees are coming. And if you now derive more than 40 percent of your F&I revenue per vehicle from a finance reserve, you're in trouble.... Read More »

 

Family owners of Ferrari say they will not sell stake

10:36 am U.S. ET | Feb. 18, 2015
Piero Ferrari, son of the eponymous luxury sports car company's founder Enzo Ferrari, said today he had no intention to sell the 10 percent stake his family owns in the company.... Read More »

 

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