Executives

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW dealers with Product Geniuses boost profit and customer satisfaction

April 17, 2014 06:15 CET
BMW dealers in Europe taking part in the automaker's Product Genius program are getting a financial boost. The tech-savvy employees' no-pressure explanation of the features available in BMW's vehicles has boosted the purchase of high-margin options by 10 percent to 15 percent, the company said.... Read More »

 

U.S. senators press Delphi for answers on recalled GM cars

1:46 pm U.S. ET | April 16, 2014
Lawmakers probing how GM used faulty ignition switches in many vehicles are turning their scrutiny to the supplier of the part, Delphi Automotive. A group of senators on Tuesday wrote to Delphi CEO Rodney O'Neal, asking for information about whether the parts supplier pushed back against GM after the automaker apparently did not accept a proposed fix to the switches.... Read More »

 

Johnson Controls diversifies away from autos with $1.6 billion deal

2:54 pm U.S. ET | April 16, 2014
Johnson Controls, seeking to lessen its reliance on the cyclical auto industry, agreed to acquire Texas-based ventilation products company, Air Distribution Technologies, for $1.6 billion.... Read More »

 

Fields sees Ford Europe growth, eyes break-even by mid-decade

11:19 am U.S. ET | April 16, 2014
Ford is sticking with its forecast for a smaller loss in Europe this year and break-even by 2015 even as the company sees signs of growth, COO Mark Fields said today.... Read More »

 

Fields sees Ford Europe growth, eyes break-even by mid-decade

April 16, 2014 17:19 CET
Ford is sticking with its forecast for a smaller loss in Europe this year and break-even by 2015 even as the company sees signs of growth, COO Mark Fields said.... Read More »

 

GM rejected better ignition part in 2001 to save money, safety advocates say

10:36 am U.S. ET | April 16, 2014
General Motors chose not to use a more robust ignition-switch part in Chevrolet Cobalts and other small cars while they were being designed, a decision that may have led to deaths, safety advocates said.... Read More »

 

2014 NEW YORK AUTO SHOW

Hyundai goes mild with 2015 Sonata makeover

10:15 am U.S. ET | April 16, 2014
Hyundai is tweaking the recipe that made the Sonata one of the industry's hottest mid-sized sedans in recent years with a makeover for 2015 that is more mild than spicy. The redesigned 2015 Sonata, introduced at the New York auto show today, will offer more technology and safety equipment than the outgoing model.... Read More »

 

Ghosn sees 'bright spots' for carmakers as Europe revives

April 16, 2014 07:23 CET
Global carmakers will see rising demand this year as sales in China and the United States expand and Europe starts to grow again, Renault-Nissan CEO Carlos Ghosn said.... Read More »

 

Daimler will receive 2.43 billion euros for stake in engine JV from Rolls-Royce

April 16, 2014 12:40 CET
Daimler will receive 2.43 billion euros ($3.36 billion) for its 50 percent stake in an engine joint venture from partner Rolls-Royce Holdings Plc.... Read More »

 

THE GM RECALL

Barra creates new GM engineering team to improve vehicle safety

5:11 pm U.S. ET | April 15, 2014
General Motors, fighting to bolster its reputation amid a recall crisis, has created a team of engineers aimed at improving vehicle safety, CEO Mary Barra said Tuesday in New York. Touting a “new way of developing vehicles,” Barra said the new “global product integrity” team will “provide the highest levels of safety, quality, and customer service.”... Read More »

 

PHILIP NUSSEL

A mixed message about GM's PR -- but why?

3:44 pm U.S. ET | April 15, 2014
If a company changes its head of public relations in the midst of a public relations crisis that stems from a recall crisis, does that not send a certain message? Yes, unless the company is General Motors.... Read More »

 

MyFord Touch bugs are getting squashed, Hinrichs says

3:10 pm U.S. ET | April 15, 2014
Ford has brought its problem-plagued MyFord Touch communications system up to exceed industry-average reliability -- and plans an upgrade to improve the system's capability, Ford executive Joe Hinrichs said today.... Read More »

 

Customers' luxury motivation turns to self-reward, execs say

1:48 pm U.S. ET | April 15, 2014
The definition of luxury automotive brands, and the motivation of luxury-car shoppers, is changing from an outward-directed display of wealth to a self reward for a successful customer. That was the conclusion of a panel of luxury-brand executives at the NADA/J.D. Power Automotive Forum in New York today.... Read More »

 

VW picks former Audi r&d boss to run Bentley, Bugatti brands

6:12 am U.S. ET | April 15, 2014
Volkswagen said Audi's former development chief, Wolfgang Duerheimer, will head its Bentley and Bugatti brands. It will be Duerheimer's second stint as Bentley CEO.... Read More »

 

VW picks former Audi r&d boss to run Bentley, Bugatti brands

April 15, 2014 12:12 CET
Volkswagen said Audi's former development chief, Wolfgang Duerheimer, will head its Bentley and Bugatti brands. It will be Duerheimer's second stint as Bentley CEO.... Read More »

 

BMW i3 production boosted 43% in preparation for U.S. launch

April 15, 2014 13:05 CET
BMW has ramped up production of its i3 electric car to 100 vehicles a day, ahead of its launch in the United States this month, board member Harald Krueger said.... Read More »

 

Old and new alliances crucial to Tavares' turnaround plan for PSA

April 15, 2014 13:48 CET
PSA/Peugeot-Citroen will keep its industrial partnerships with General Motors, Toyota and Fiat despite the arrival of China's Dongfeng as a stakeholder in the automaker, CEO Carlos Tavares said.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Opel will focus on crossovers to boost sales and return to profit, CEO says

April 15, 2014 06:15 CET
Opel will focus on crossovers as part of its product push to boost sales and return to profit, Opel CEO Karl-Thomas Neumann said.... Read More »

 

Ford expects boost from EcoSport SUV

April 15, 2014 06:15 CET
Ford says its EcoSport small SUV could become one of the company's best-sellers in Europe if it receives enough product supply from India.... Read More »

 

Opel may break even before 2016, report says

April 14, 2014 15:34 CET
Opel may break even before its 2016 deadline, a report said, citing an interview with CEO Karl-Thomas Neumann.... Read More »

 

LUCA CIFERRI

PSA's recovery will be boosted by the 'Tavares factor'

9:52 am U.S. ET | April 14, 2014
PSA CEO Carlos Tavares admits that his turnaround plan for the struggling automaker isn't a wonder cure: "I cannot make miracles." His honest, no-nonsense approach is one of his strengths.... Read More »

 

GM seeks new PR boss, replaces human resources chief

11:21 am U.S. ET | April 14, 2014
General Motors today said its public-relations chief is leaving and appointed a new head of human resources, with both moves effective immediately. A GM spokesman, Greg Martin, said the actions are not connected to the company's ongoing recall crisis, but rather a result of Mary Barra's appointment as CEO three months ago.... Read More »

 

Dodge tests innovative 1-year lease on '14 Charger, Challenger

12:01 am U.S. ET | April 14, 2014
Dodge will defy industry convention this week with its "Double-Up" deal on the Charger and Challenger. The one-year lease on the outgoing 2014 editions comes with an incentive to switch to next year's refreshed models.... Read More »

 

Into Africa: Toyota taps last emerging market

8:35 am U.S. ET | April 14, 2014
Toyota President Akio Toyoda visited Kenya for the first time last fall, touring Toyota's knockdown production plant and Toyota Group companies. His trip highlights a new reality for Toyota and rivals from Europe to China: Africa is the last untapped emerging market. And carmakers are jostling for position there.... Read More »

 

PSA to halve lineup in push for 2% margins by 2018

April 14, 2014 09:11 CET
PSA outlined plans to cut its model lineup by almost half and to make Citroen's DS unit a separate brand in a bid to restore the automotive division's profit.... Read More »

 

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