Executives

FCA sale of Ferrari stake unlikely to exceed 10% after all

8:31 am U.S. ET | April 15, 2015

Fiat Chrysler does not expect to sell more than 10 percent of Ferrari in a planned initial public offering, CEO Sergio Marchionne said today, in a change of heart from a month ago....
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Marchionne will show data supporting industry need for consolidation

11:51 am U.S. ET | April 15, 2015

Fiat Chrysler Automobiles CEO Sergio Marchionne says he will produce data to back up his ongoing calls for consolidation in the auto industry....
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Cadillac CT6 underpinnings could support a big Buick

11:15 am U.S. ET | April 14, 2015

Now that General Motors has christened its large, rear-wheel-drive platform, code-named Omega, with the debut of the Cadillac CT6 sedan, what other cars might go onto that same foundation?...
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Piech, Winterkorn to discuss VW leadership crisis, report says

April 14, 2015 10:22 CET

Volkswagen Chairman Ferdinand Piech and the automaker's CEO, Martin Winterkorn, will discuss the company's leadership crisis when they meet in the next few days, a German newspaper reported. The two executives will discuss Piech's statement that he doesn't want Winterkorn to succeed him as VW chairman, the report said....
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Turmoil pushes Porsche chief to forefront of potential CEO race at VW

11:14 am U.S. ET | April 14, 2015

A rift between Volkswagen AG's two most senior executives threatens to create a power vacuum that's set to hasten the search for a new leader. Matthias Mueller, who oversees the Porsche sports-car division, may hold the best cards with his background in engineering and operational experience....
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Automotive News adds 3 editorial staffers

12:01 am U.S. ET | April 13, 2015

Automotive News has expanded its editorial staff with the addition of two reporters and a senior data researcher....
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NEWS ANALYSIS

Marchionne wants to complete mega deal before stepping down, report says

11:32 am U.S. ET | April 13, 2015

Fiat Chrysler CEO Sergio Marchionne is hoping for a big deal, possibly in the United States, to plug the carmaker's weaknesses and cement his legacy before stepping down in early 2019, sources familiar with the situation told Reuters....
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Fiat Chrysler's Elkann sees more consolidation in auto industry

2:13 pm U.S. ET | April 13, 2015

Fiat Chrysler Automobiles Chairman John Elkann sees the need for more combinations in the auto industry and expects consolidation to continue. Elkann said industry mergers should take into account the importance of identity and culture, "avoiding the all too typical divisive trappings of a takeover."...
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Blue sky surges for German luxury brands

12:01 am U.S. ET | April 13, 2015

The values for German luxury brand dealerships in the United States are in the stratosphere, while some other brands are such poor prospects that the buy-sell market cannot even assign them a multiple. Those are some of the key findings in a just-released report put out by the advisory firm Haig Partners....
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Kia's new bosses have a tough act to follow

12:01 am U.S. ET | April 13, 2015

The departure of Kia's top U.S. executive, Byung Mo Ahn, marks a pivotal moment for a brand that has enjoyed unprecedented growth and stability. Successor Jang Won Sohn and the just-promoted Michael Sprague are confronting intensified competition in small and midsize cars, where Kia has specialized....
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Smart CEO to speak at Europe Congress

12:01 am U.S. ET | April 13, 2015

Smart CEO Annette Winkler, the first woman to lead an automotive brand in Europe, will speak at the Automotive News Europe Congress on June 10 in Birmingham, England....
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LETTER TO THE EDITOR

How BMW decided to build an SUV

12:01 am U.S. ET | April 13, 2015

As president of BMW of North America at the time of the X5 decision, I was actively engaged in board meetings in Munich presenting and pushing the North American interest in having a sports activity vehicle -- or SUV -- to compete with Lexus and Mercedes-Benz....
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Maxima strategy: 5 trims, no options

12:01 am U.S. ET | April 12, 2015

When the redesigned 2016 Nissan Maxima sport sedan goes on sale this summer, it will come in five trim packages — “and zero options,” says Fred Diaz, vice president for U.S. sales and marketing and operations....
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Wolfgang Porsche backs VW chief Winterkorn after Piech's criticism

9:49 am U.S. ET | April 12, 2015

VW board member Wolfgang Porsche threw his support behind Volkswagen CEO Martin Winterkorn two days after his cousin and VW Chairman Ferdinand Piech publicly criticized the chief executive. The comments by Porsche indicates that Piech, who has spent almost 22 years at the helm of VW, nine as CEO, may be isolated within the supervisory board....
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VW board members back Winterkorn after Piech criticism creates crisis

April 12, 2015 16:47 CET

Volkswagen Chairman Ferdinand Piech faces resistance within the automaker's supervisory board to his criticism of CEO Martin Winterkorn, deepening a leadership crisis at the automaker. Piech publicly withdrew his confidence in Winterkorn but major VW power players including the powerful works council, the state of Lower Saxony and Piech's cousin, Wolfgang Porsche, rallied to Winterkorn's side....
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VW in full-blown crisis as Winterkorn pledges to fight for job

8:15 am U.S. ET | April 11, 2015

Volkswagen has plunged into a full-blown leadership crisis after CEO Martin Winterkorn let it be known on Saturday he will fight for his job even though the company's powerful chairman has reportedly withdrawn confidence in the chief executive....
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Crossovers key to Acura's climb, Accavitti says

12:01 am U.S. ET | April 11, 2015

Acura trails the top luxury brands in total U.S. sales but is hoping it can build on a strong position in small and midsize crossovers with the RDX and MDX....
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Winterkorn will not succeed Piech as VW chairman, report says

April 10, 2015 15:09 CET

Volkswagen CEO Martin Winterkorn has no chance of succeeding Ferdinand Piech as the automaker's chairman, a German magazine reported. The relationship between Piech and Winterkorn is unsettled, the magazine reported....
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NHTSA plans summit to promote culture of auto safety

3:00 pm U.S. ET | April 10, 2015

NHTSA head Mark Rosekind wants to hold a summit with automakers to explore how vehicle safety and defect issues are handled, and how those approaches can be improved. He is suggesting automakers could learn from the airline industry, which he praised as more proactive than reactive when it comes to consumer safety....
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GM appoints new treasurer, CFO for international operations

12:46 pm U.S. ET | April 10, 2015

GM named Dhivya Suryadevara vice president of finance and treasurer, effective July 1. She will take over for Niharika Taskar Ramdev, who will become CFO of GM International....
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Ford bullish on Russia as it takes control of local JV

April 10, 2015 11:58 CET

Ford says it has confidence in the Russian market despite collapsing vehicle sales. Ford is taking control of its Russian joint venture with Sollers and providing it with additional financial support. The automaker started production of its latest Mondeo at its St. Petersburg plant, the first of at least four new models the company plans to launch in Russia this year....
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Ford bullish on Russia as it takes control of local joint venture

6:00 am U.S. ET | April 10, 2015

Ford says it has confidence in the Russian market despite collapsing vehicle sales. Ford is taking control of its Russian joint venture with Sollers and providing it with additional financial support. The automaker today started production of its latest Mondeo at its St. Petersburg plant, the first of at least four new models the company plans to launch in Russia this year....
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BMW's new tech chief ready to tackle shifting consumer demands

12:15 am U.S. ET | April 10, 2015

Klaus Froehlich's recent promotion to BMW Group r&d chief comes as the automaker shakes up its powertrain and platform lineups. Froehlich, who replaced Herbert Diess in December, discussed the group's evolving platform and engine strategy with Automotive News Europe....
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BRUCE GAIN

BLOG: Citroen C4 Cactus's love-it-or-hate-it styling is a winner

3:49 am U.S. ET | April 10, 2015

The C4 Cactus's victory in the World Car Design of the Year contest vindicates Citroen's decision to launch the unconventionally styled crossover....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW's tech chief ready to meet changing consumer demands

April 10, 2015 06:15 CET

Klaus Froehlich’s recent promotion to BMW Group r&d boss comes as the automaker shakes up its powertrain and platform lineups. Froehlich, who replaced Herbert Diess in December, discussed the group’s evolving platform and engine strategy with Automotive News Europe....
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Seattle VW dealer mixes metrics and fun

Seattle VW dealer mixes metrics and fun

Matthew Welch may own Auburn Volkswagen, but the title he cherishes is “chief relationship officer.' Mon., April 13
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