Executives

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Webasto sees consolidation looming for roof makers

Oct. 15, 2014 06:01 CET
Holger Engelmann, the CEO of German roof specialist Webasto, believes a drop in demand for convertible cars will lead to consolidation in the sector, but he sees potential growth opportunities in China....
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Colorado Ford, Subaru dealer Carlson in line to become '16 NADA chairman

4:03 pm U.S. ET | Oct. 14, 2014
The National Automobile Dealers Association chose Colorado dealer Jeff Carlson as its next vice chairman, putting him in line to become chairman after Bill Fox of New York, who -- as expected -- will be NADA's 2015 chairman....
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Chrysler's Busse has a surprise for you

12:01 am U.S. ET | Oct. 14, 2014
Klaus Busse, Chrysler Group's head of interior design, and his team enjoy hiding what they call "Easter eggs" throughout Chrysler Group vehicles for owners to discover. Easter eggs are fun, unobtrusive art elements that feature landmarks or historical images related to the vehicle....
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Q&A

BMW chief designer Karim Habib on creating a boxier 2-series convertible

12:01 am U.S. ET | Oct. 14, 2014
Karim Habib, BMW Group's head of design, is the one responsible for creating the 2-series convertible the automaker introduced recently at the Paris auto show. The 44-year-old Lebanese-Canadian held various posts in interior and exterior design at BMW before getting his current title....
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LaSorda's VC firm adds Zetsche, Magna to 2nd investment fund

10:33 am U.S. ET | Oct. 14, 2014
Tom LaSorda, the former CEO of Chrysler and Fisker, says his venture-capital firm has begun making investments out of its second fund, which he said raised almost $10 million and has added Daimler Chairman Dieter Zetsche and Magna International to its list of investors....
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DAVID BARKHOLZ

Why Dale Pollak recommends a call center that employs blind workers

6:42 am U.S. ET | Oct. 14, 2014
Near the end of a conference in Chicago, vAuto founder Dale Pollak made a very personal appeal to the 170 hand-picked dealers present. Please consider, Pollak said, signing up for call center services from a nonprofit in Florida that employs blind and visually impaired people to handle calls for private companies....
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Fiat Chrysler's Wall Street debut draws muted response

Oct. 14, 2014 09:32 CET
Investors cautiously greeted the Wall Street debut on Monday of Fiat Chrysler Automobiles, a move that shifts the carmaker's center of gravity away from Italy and caps a decade of dealmaking and tough restructuring by CEO Sergio Marchionne....
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Ghosn finds Datsun a tough sell -- even at $5,000

6:48 am U.S. ET | Oct. 14, 2014
In July last year, as Nissan prepared to bring Datsun out of a decades-long retirement, the company scoffed at the idea that the budget brand could follow Tata's $2,500 Nano in becoming a flop....
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Citroen mulls production of SUV-styled C1

Oct. 14, 2014 10:36 CET
Citroen will launch a production version of the C1 Urban Ride concept if public response is favorable, the brand's CEO Linda Jackson said. The SUV-styled concept is based on the brand's C1 minicar....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Renault design boss aims to 'seduce' buyers with French flair

Oct. 14, 2014 06:01 CET
Renault design boss Laurens van den Acker wants the brand's cars to "seduce" customers with their French styling. The styling chief explained his strategy in an interview with Automotive News Europe....
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Ford goes Hollywood at virtual reality studio

12:01 am U.S. ET | Oct. 14, 2014
Studio 2000X, Ford's virtual reality design house where Disney-style technology meets the car industry, is used to build advanced renderings of vehicle designs to show top management, often before final design approval. The renderings are often shown on 20-foot screens....
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Hyundai makes diversity key part of business plan

6:55 pm U.S. ET | Oct. 13, 2014
Under CEO Dave Zuchowski, Hyundai Motor America has made diversity a key objective of the company's business plans with clear-cut goals in areas such as hiring, the automaker's retail network, suppliers, marketing and advertising. Employees in every department are held accountable for meeting the objectives....
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Fiat Chrysler rises in New York as challenger to Detroit Two

Oct. 13, 2014 12:51 CET
Fiat Chrysler Automobiles NV's debut on the New York Stock Exchange gives more investors in the United States the chance to tap into the growing global market for cars and trucks, while also taking a chance on a debt-burdened automaker....
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Lithia predicts Q3 net income gain despite lower used-car profits

2:19 pm U.S. ET | Oct. 13, 2014
Lithia Motors expects to report a gain in third-quarter unadjusted net income, boosted by improved new-vehicle sales, service and parts business and F&I revenue, it said in a statement today. But Lithia said its third-quarter operating income was mitigated in part due to narrowing used-car profit margins because of a dip in used-car values....
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Exit strategy on Buffett deal? Not so fast, says Larry Van Tuyl

2:24 pm U.S. ET | Oct. 13, 2014
Selling to a highly respected outside investor such as Warren Buffett may have been the ideal exit strategy for Van Tuyl Group -- and one of the few exit paths available to such a large automotive retailer these days, said some dealership buy-sell advisers. But Larry Van Tuyl doesn’t see it that way....
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THE GM RECALL

Deaths linked to GM ignition-switch defect rise to 27

2:04 pm U.S. ET | Oct. 13, 2014
A program to compensate victims of a faulty ignition switch in General Motors vehicles has approved three new death claims, bringing the total number of deaths linked so far to the switch to 27, according to a report released today by the lawyer overseeing the program....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How the XE will help Jaguar forget the failed X-Type

Oct. 13, 2014 06:15 CET
Jaguar says it has learned from the mistakes of the Ford Mondeo-based X-Type as it launches the XE, a model that aims to win sales from the BMW 3 series and Audi A4 in the fiercely competitive premium midsize market....
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Mileage march on schedule, EPA says

12:01 am U.S. ET | Oct. 13, 2014
Don't read too much into the slowdown in fuel economy gains, regulators say. The pace should quicken again with the spread of more potent gas-saving technologies....
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What, me worry? Hendrick says deal-hungry Buffett won't keep him from buying

12:01 am U.S. ET | Oct. 13, 2014
Car dealer Rick Hendrick has a message for auto retailers looking to sell their family business: He's still buying....
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Dealership consolidation is coming -- but how fast and how much?

12:01 am U.S. ET | Oct. 13, 2014
Dealership consolidation is expected to accelerate as Warren Buffett's entry into automotive retailing attracts more buyers, observers said....
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Obituary

12:01 am U.S. ET | Oct. 13, 2014
Al Wagner, a former Chrysler and Toyota executive, died Oct. 3. He was 83....
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Ford asks top suppliers for disaster plans

12:01 am U.S. ET | Oct. 13, 2014
Ford Motor Co. is asking Tier 1 suppliers to make backup production plans for key plants that could disrupt Ford's vehicle assembly if they shut down....
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A chance to bid farewell to Sir Nick

12:01 am U.S. ET | Oct. 13, 2014
The Detroit auto industry will get a chance to celebrate a much-admired executive who passed away before many were ready to see him go. The family of Nick Scheele will host a service to honor his life at 6 p.m. Oct. 27 at the Dearborn Inn in Dearborn, Mich....
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End of the affair: CEO stays, consultant goes

12:01 am U.S. ET | Oct. 13, 2014
After Alex Molinaroli, CEO of Johnson Controls, had an affair with a consultant, the parts supplier fired her consulting firm -- and expressed support for Molinaroli, Bloomberg reported last week....
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While you wait for service, make yourself at home

12:01 am U.S. ET | Oct. 13, 2014
Large, elaborate and packed with people -- that's what dealerships' service department waiting rooms are becoming, said Forrest McConnell, chairman of the National Automobile Dealers Association, last week....
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