Executives

JASON STEIN

Marchionne waits at the gate, but who is there to answer?

12:01 am U.S. ET | Aug. 31, 2015

The really bad news for GM: A dragon stands again at the gates. And he's wearing a black sweater....
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Volkswagen must sell shares in Suzuki, court decides

Aug. 30, 2015 10:54 CET

Volkswagen must sell its shares in estranged partner Suzuki, an international court decided, ending a nearly four-year battle over a dysfunctional alliance between the two carmakers....
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Citroen prepares new models with an eye on China

Aug. 30, 2015 06:01 CET

Citroen is preparing a series of model launches to reverse a sales slump that threatens to hamper parent PSA/Peugeot-Citroen's recovery from near bankruptcy. CEO Linda Jackson is counting on China for a "slight increase" in deliveries this year despite weakening demand compounded by the country's stock market crash....
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REMEMBERING KATRINA

New Orleans dealers recall aftermath of the storm

12:01 am U.S. ET | Aug. 29, 2015

Ten years ago, Hurricane Katrina battered the Gulf Coast, killed at least 1,000 people in Louisiana and turned New Orleans into a vast flood zone. A pair of New Orleans-area dealers recall the aftermath of the storm and how it changed their business....
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New BMW 7 series focuses on comfort to beat S class

Aug. 28, 2015 06:01 CET

BMW believes its latest 7 series offers levels of comfort that will help it close the gap with the segment-leading Mercedes-Benz S class, especially in the key China market where wealthy executives prize comfort features above driving dynamics....
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PSA's DS brand creates performance unit to develop EV and plug-in hybrid technology

Aug. 28, 2015 06:01 CET

PSA/Peugeot-Citroen's DS Automobiles upscale brand has created a motorsports unit to support its racing activities that could provide future technology for the production of electric and high-performance cars....
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Musk takes page from PayPal with Tesla Model S referral offer

7:06 am U.S. ET | Aug. 28, 2015

Elon Musk reached back to his days at PayPal for Tesla's first-ever incentive offer. Anyone who orders a new Model S sedan before Oct. 31 using the referral link of a current owner will get $1,000 off the purchase price, under the program announced July 29....
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Ferrari considers appointing Marchionne as CEO, report says

Aug. 27, 2015 15:10 CET

Ferrari is considering appointing Sergio Marchionne as CEO after Amedeo Felisa retires from the post in the coming months, sources told Bloomberg. Marchionne is already chairman of Ferrari and CEO of Ferrari owner Fiat Chrysler....
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Dodge Barracuda convertible, next-gen Charger among surprises for FCA dealers in Las Vegas

10:14 am U.S. ET | Aug. 26, 2015

Fiat Chrysler dealers meeting in Las Vegas on Tuesday were wowed by a parade of new products coming to their dealerships, including a Dodge Barracuda convertible and a swoopy next-generation Dodge Charger said to resemble a popular 1999 concept designed by Tom Gale....
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LARRY P. VELLEQUETTE

BLOG: Will another Fiat Chrysler star, or two, bow in Vegas?

11:30 am U.S. ET | Aug. 25, 2015

For the third time in six years, Fiat Chrysler dealers are gathering -- in private and without cellphones or cameras -- to get their first glimpses of the vehicles they soon will be asked to sell....
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Mercedes won't end Saints stadium pact with new 27-year Falcons deal

2:19 pm U.S. ET | Aug. 24, 2015

Mercedes-Benz doesn't have an option to end its naming rights agreement with the New Orleans Superdome and will now sponsor the stadiums for two NFL teams in the same division....
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GM ignition switch defects tied to 124 deaths, 275 injuries, Feinberg review finds

12:15 pm U.S. ET | Aug. 24, 2015

Attorney Kenneth Feinberg has completed its review of all 4,000-plus compensation claims related to General Motors' faulty ignition switches. The switches, which prompted the recall of more than 2.6 million vehicles last year, now have been linked to 124 deaths and 275 injuries, 17 of which were serious....
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Meet Mazda's master of driving feel

12:01 am U.S. ET | Aug. 24, 2015

Each MX-5 Miata now arriving in U.S. showrooms reflects the tastes of Dave Coleman, a 43-year-old engineer at Mazda's r&d center in Southern California who has become the official arbiter of how a U.S. Mazda should drive....
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Mobility for Tesla? Musk isn't saying -- or is he?

12:01 am U.S. ET | Aug. 24, 2015

What's behind that eye-popping new share price outlook Morgan Stanley analyst Adam Jonas put on Tesla? Bloomberg reports that the key reason for raising the target to $465 from $280 (the stock closed at $255.25 on Aug. 19) is currently at about $243) is what Jonas calls “Tesla Mobility, an app-based, on-demand mobility service.”...
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Getting behind the gap in public, private dealership profits

12:01 am U.S. ET | Aug. 24, 2015

Publicly traded dealership groups' reported first-half profits were much higher than what private dealerships reported to the National Automobile Dealers Association. Here's why....
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JASON STEIN

Tesla strikes again at Pebble Beach

12:01 am U.S. ET | Aug. 24, 2015

If there is one constant as of late at the 65-year-old Pebble Beach Concours d'Elegance it is this: Everyone wants to talk about Tesla....
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Tesla revamps retail stores, adds apparel, gear

12:01 am U.S. ET | Aug. 22, 2015

Tesla Motors is launching a wholesale revamp of its stores worldwide as the electric-car company prepares to introduce the Model X, its first SUV. The effort is largely devoted to telling the Tesla story, critical for a young company selling a product that remains mysterious -- and intimidating -- to most drivers....
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'Performance is good business'

Amid sales decline, Dodge boss sees a plan coming together

12:01 am U.S. ET | Aug. 22, 2015

With Dodge's U.S. sales off 16 percent this year in a rising overall market, you could argue brand chief Tim Kuniskis should be worried. Yet standing in a parking lot with 10,000 fellow gearheads this month, Kuniskis looked around and saw a brand strategy that is coming together nicely....
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Tesla engineer joins Apple's growing team of automated car experts

2:53 pm U.S. ET | Aug. 21, 2015

Apple has hired a senior engineer from Tesla, according to a LinkedIn posting, as part of Apple's effort to build a team of experts in automated driving....
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VW delays revamp of Phaeton flagship in profit push, report says

Aug. 21, 2015 10:51 CET

Volkswagen is delaying the introduction of the new Phaeton as the automaker seeks to improve returns on the upscale sedan by lowering production and material costs, Bloomberg reported....
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2015 FRANKFURT AUTO SHOW

Citroen will debut Mehari-inspired concept

Aug. 20, 2015 06:01 CET

Citroen will preview a potential new model inspired by its iconic Mehari utility vehicle at the Frankfurt auto show. The concept will be based on the C4 Cactus....
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Former Ford Europe COO tapped to recruit for U.S.-Chinese EV startup

2:58 pm U.S. ET | Aug. 20, 2015

Martin Leach, former COO at Ford of Europe, is recruiting staff for a new electric car manufacturer based mainly in China and California. Leach declined to say which company is backing the new venture, but said, "It is not a company with a background in the car industry."...
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Tesla stock sale raises $738 million

6:05 pm U.S. ET | Aug. 19, 2015

Tesla said the underwriters of its secondary stock sale exercised their option for additional shares, boosting the proceeds to an estimated $738.3 million. The EV maker sold 3.1 million shares at $242, providing a cash cushion as it prepares to begin deliveries of its Model X SUV....
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Volvo first-half profit rises 71% as Europe offsets China, U.S. slowdown

Aug. 19, 2015 08:28 CET

Volvo boosted its earnings goal for the year after operating profit rose 71 percent in the first half as strong demand in Europe offset slower development in China and North America....
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Aston aims to launch 800-hp, all-electric Rapide in 2 years

7:00 am U.S. ET | Aug. 18, 2015

Aston Martin is betting that even James Bond won't mind an 800-hp electric car. The longtime builder of British sports cars will bring an all-electric version of its four-door Rapide to market in two years, CEO Andy Palmer confirmed to Automotive News....
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