Executives

Aston Martin collaborates with ad giant WPP

3:00 am U.S. ET | June 26, 2015

Aston Martin is collaborating with advertising giant WPP on the automaker's global marketing communications in a step toward a formal working partnership next year, the British luxury automaker said today....
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Rolls-Royce's China sales drop on luxury crackdown

June 25, 2015 10:39 CET

Rolls-Royce sales are being hit by a "cool wind blowing in China," said the executive in charge of the ultraluxury brand, as the nation's wealthy pull back from ostentatious purchases amid a government crackdown on conspicuous consumption....
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GM readies wireless downloads of new features

12:11 am U.S. ET | June 25, 2015

GM is preparing to roll out vehicle technology that allows new features to be downloaded wirelessly, the company's head of global product development says. Under the new electrical architecture, called "Global B," much of a vehicle's computer power will migrate to the mobile internet, or cloud....
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Chevy preps 2016 Camaro convertible with fully automatic top

8:30 am U.S. ET | June 24, 2015

Chevrolet will offer a convertible version of the redesigned 2016 Camaro with a fully automatic top that can open or close at speeds up to 30 mph. GM bills the Camaro's drop top as "the most sophisticated top in the segment," with latches that automatically release and secure the top....
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Toyoda earned $2.84 million last year after bonus doubles

7:47 am U.S. ET | June 24, 2015

Toyota President Akio Toyoda earned 352 million yen ($2.84 million) in total compensation last year after his bonus doubled to about $2 million, the company said in a regulatory filing today....
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Toyota President Toyoda earns $10.3 million, surpassing Nissan's Ghosn

June 24, 2015 11:14 CET

Toyota President Akio Toyoda became the highest-paid auto executive in Japan last year after dividend payouts pushed his total compensation to $10.3 million, passing Nissan CEO Carlos Ghosn....
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Ford moves to advanced stage of autonomous car development

12:00 pm U.S. ET | June 23, 2015

Ford said its work on autonomous vehicles has moved into the second of three phases, shifting "from a research effort to an advanced engineering program" that brings the technology closer to production....
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Ford enters car-sharing, electric bike markets in mobility push

10:30 pm U.S. ET | June 23, 2015

Ford is getting into the car-sharing and electric bike businesses as part of CEO Mark Fields' effort to transform the automaker into a more holistic provider of transportation options....
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Fiat Chrysler could win merger partner with Alfa Romeo revival

June 23, 2015 16:10 CET

The Alfa Romeo Giulia will be the lynchpin of the brand's turnaround plan and potentially an opportunity to attract a cash-rich merger partner for Alfa parent Fiat Chrysler Automobiles....
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Senator calls for compensation fund for Takata airbag injury victims

10:00 am U.S. ET | June 23, 2015

An influential U.S. senator today called for troubled supplier Takata to establish a fund to compensate victims injured or killed by its ruptured airbags. Richard Blumenthal, D-Conn., pressed Kevin Kennedy, executive vice president for Takata's North American affiliate, to establish a fund similar to the one created by GM last year....
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Toyota HQ raided by police over executive's arrest, report says

10:28 am U.S. ET | June 23, 2015

Toyota's headquarters was raided by police over the arrest of the company's new communications chief, Julie Hamp, for the alleged illegal import of painkillers, a Japanese newspaper reported today....
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VW plans subcompact sedan for India to help build market share

June 23, 2015 15:20 CET

Volkswagen is betting that the launch of a subcompact sedan in India will help it build on its small market share in the market. The new car comes with equipment usually reserved for high-end models, such as dual airbags and automatic gear shift....
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Toyota Europe's new sales boss must hold off surging Nissan

June 23, 2015 06:01 CET

Toyota's new European sales and marketing boss, Matt Harrison, faces the challenge of defeating Japanese rival Nissan's goal of becoming Europe's top-selling Asian brand. Nissan sales are surging thanks to new products while Toyota's aging lineup is holding back growth....
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AvtoVAZ chief Andersson in struggle with Soviet-era suppliers

June 23, 2015 13:23 CET

AvtoVAZ Chairman Bo Andersson is fighting back against Russian suppliers he says are hindering his efforts to improve quality and cut purchasing costs at Lada, the country's best-selling car brand. AvtoVAZ resumed production today at its plant in Togliatti after output was suspended because of problems with the supply of parts....
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Ghosn's Nissan pay tops $8 million

June 23, 2015 10:48 CET

Nissan CEO Carlos Ghosn received a total of 1.03 billion yen ($8.3 million) in salary and bonuses for the year ended March 31, an increase of 4 percent from a year earlier, and the first time his pay has reached this figure....
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Tech race will strain automakers, report says

12:01 am U.S. ET | June 23, 2015

Automakers face enormous pressure on profit margins as technology and connectivity demands grow and car sales slow in markets such as the U.S. and China, according to a report by consultancy AlixPartners....
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GM gambles on quick car redesigns in shifting market

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

General Motors wants to raise its game in the car space so badly that it's speeding up redesigns and loading future models with head-turning features. But the push is coming amid a deteriorating outlook for car sales as the market shifts to crossovers....
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Kerkorian kept the pressure on Detroit 3

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

Kirk Kerkorian, who died last week, never quite managed to close the blockbuster deals he chased in Detroit. But his deep pockets repeatedly prodded auto executives into action, and his warnings of looming trouble for the Detroit 3 proved uncannily accurate....
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Visteon affirms software shift

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

Now that Sachin Lawande has been named CEO of Visteon Corp., effective next week, his to-do list can be boiled down to one word: software. When Visteon was spun off from Ford Motor Co. 15 years ago, the company was a traditional metal-bending conglomerate. Now, Visteon specializes in cockpit electronics....
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Bumps in Toyota's road to diversity

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

Stumbles with two high-profile foreign executives at Toyota cast a pall over what had been a bold move forward in the internationalization of the world's biggest automaker....
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Ex-Porsche CEO Wiedeking faces more VW bid charges

June 22, 2015 15:19 CET

Former Porsche CEO Wendelin Wiedeking and ex-finance chief Holger Haerter face more charges over the use of a controversial options strategy in Porsche's doomed attempt to take over Volkswagen in 2008....
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Citroen will boost C4 Cactus production, add new markets

June 22, 2015 06:01 CET

Citroen will increase annual production of the C4 Cactus and expand sales outside Europe after the unconventionally designed compact model proved more popular than planned....
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Constant merger talk is testing faith in Marchionne

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

The constant drumbeat of stories about efforts by Sergio Marchionne to provoke a merger with General Motors is testing the faith of the dealers, workers and executives who once pledged undying fealty to their sweater-clad savior....
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Cox goes bold with giant Dealertrack deal

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

Cox Automotive's purchase of Dealertrack creates a software and marketing juggernaut with products and services that, in one way or another, touch every franchise dealer in America. It represents marching orders from the boss of Cox Enterprise: Think big....
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Hyundai taps ex-Bentley design chief

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

Former Bentley design chief Luc Donckerwolke will succeed Peter Schreyer as head of design for the Hyundai and Kia brands, sources say....
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