Executives

PSA lifts European output as market upturn helps turnaround plan

April 21, 2015 10:55 CET

PSA will boost European production by 10 percent as a market rebound and demand for models including the 208 subcompact and Citroen C4 Cactus crossover help boost the troubled carmaker a year into a major turnaround plan....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Volvo's future rides on revived XC90

April 21, 2015 06:15 CET

Volvo says its all-new XC90 flagship represents the future of the automaker, which aims to nearly double global sales to 800,000 vehicles by 2020....
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BMW will build front-wheel-drive cars in China to attract middle-class buyers

April 21, 2015 10:11 CET

BMW will double the number of cars it builds in China to six as it adds models including the front-wheel drive 2-series Active Tourer minivan in a bid to increase sales to middle class buyers who don't have chauffeurs....
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China's Geely gears up for push into Europe, U.S.

April 21, 2015 08:38 CET

Chinese automaker Geely plans to build a small SUV late next year that will go on sale in China in early 2017, several European markets a year or so later, and eventually the U.S., sources said. For export to Europe, the SUV will initially be a plug in hybrid because Geely wants to be seen as a maker of affordable high-tech cars rather than just a cheap Chinese brand....
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Chevrolet explores autonomous driving with FNR concept

8:56 pm U.S. ET | April 20, 2015

Having just declared its goal of hitting 1 million vehicle sales in China by 2020, Chevrolet revealed a futuristic concept car at the Shanghai auto show meant to showcase its technical prowess to young Chinese buyers. The FNR concept, an acronym for the brand's “Find New Roads” theme, is a pod-like, science-fiction inspired autonomous electric vehicle....
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Phil Martens ousted as CEO of aluminum supplier Novelis

1:56 pm U.S. ET | April 20, 2015

Top aluminum rolled products maker Novelis announced today the surprise ouster of CEO Philip Martens -- a former rising star executive at Ford -- who helped the India-owned supplier shift toward the automotive sector....
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Alfa's pitch will be luxury, Italian style

12:01 am U.S. ET | April 20, 2015

As he prepares the campaign to reintroduce Alfa Romeo to the United States, Fiat Chrysler marketing chief Olivier Francois says he may exploit the notion that shoppers have become tired of lookalike German luxury cars....
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GM ignition-switch death claims rise by 3 to 87

11:47 am U.S. ET | April 20, 2015

The death count from General Motors' faulty ignition switches has reached 87, up three from a week earlier....
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Musk nearly sold Tesla to Google in 2013, new book says

11:33 am U.S. ET | April 20, 2015

A book titled Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future says Musk had a deal with Google's Larry Page to sell Tesla to the technology giant before the electric-car maker saw a turnaround in its fortunes....
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GM'S WHIZ KID

In short order, Dan Ammann has soared to GM's top operations jobs

12:01 am U.S. ET | April 20, 2015

After a surprise career change and startling ascension, Dan Ammann now oversees General Motors' operations around the world. The 43-year-old president is responsible for two tasks seen as key to the company's success: revitalizing Chevrolet and Cadillac, while unifying how the company's historically fractured regional businesses make and sell vehicles....
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Jaguar Land Rover forced to accept Range Rover Evoque lookalike from China's Jiangling

April 20, 2015 13:31 CET

Jaguar Land Rover will not take action against Jiangling Motors over the Chinese automaker's Landwind X7, which the UK automaker says closely resembles the Range Rover Evoque SUV....
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RICHARD JOHNSON

Piech's career battles will be his legacy

12:01 am U.S. ET | April 20, 2015

Ferdinand Piech started out his career with a pretty serious rivalry -- tangling with cousin Ferdinand "Butzi" Porsche, designer of the 911. Now it appears he'll bow out in more or less the same fashion. At war. It's just his style. In fact, it will be his legacy....
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Ghosn says China needs to boost incentives to move EVs

8:25 am U.S. ET | April 20, 2015

Nissan CEO and EV champion Carlos Ghosn says he is disappointed with electric vehicle sales in China and that the government needs to step up incentives to help the green cars....
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Geely takes aim at BMW, Mercedes with plans for sport sedan

7:56 am U.S. ET | April 20, 2015

Geely will display a concept sport sedan at the Shanghai auto show starting this week, developed by a team led by former Volvo Cars design chief Peter Horbury. The segment is dominated by models like the BMW 3 series and Mercedes-Benz CLS....
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RICHARD JOHNSON

BLOG: Piech's career battles will be his legacy

12:01 am U.S. ET | April 20, 2015

Ferdinand Piech started out his career with a pretty serious rivalry -- tangling with cousin Ferdinand "Butzi" Porsche, designer of the 911. Now it appears he'll bow out in more or less the same fashion. At war. It's just his style. In fact, it will be his legacy....
Read More »

FCA puts the squeeze on dealer profits

12:01 am U.S. ET | April 20, 2015

Fiat Chrysler is squeezing U.S. dealerships’ profits by boosting vehicle invoice prices but not the corresponding sticker prices. The move is part of a larger effort by FCA US to increase profit margins, which trail those of Ford and General Motors....
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JAMES VERRIER, CEO, BORGWARNER

Electrification 'friend,' not threat, to BorgWarner

12:01 am U.S. ET | April 20, 2015

BorgWarner CEO James Verrier, 52, sees electrification of the powertrain as a positive for his company despite the supplier's heavy reliance on parts that electric vehicles don't need....
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U.S. at the center of VW's crisis in Germany

12:01 am U.S. ET | April 20, 2015

The turmoil that nearly cost Volkswagen Group CEO Martin Winterkorn his job last week is rooted in the company's travails in the U.S., where the VW brand has made precious little progress since Winterkorn took charge eight years ago....
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De Niro starts the engines on Ferrari film

12:01 am U.S. ET | April 20, 2015

Fans of Enzo Ferrari have waited a long time for a biopic of the great man. Now it appears they'll get their wish -- with Robert De Niro in the lead role....
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Google's top visionary to address engineers

12:01 am U.S. ET | April 20, 2015

Consider it a speech from the future. Ray Kurzweil, Google's director of engineering and renowned inventor, author and futurist, will be the keynote speaker at SAE International's World Congress in Detroit....
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Ex-rival revamps Mitsubishi design

12:01 am U.S. ET | April 20, 2015

In his 40 years at Nissan, designer Tsunehiro Kunimoto had a knack for reinventing the brand's image through design. Now he aims to replicate that formula at Japanese rival Mitsubishi, which poached him last year to invigorate the brand's stale looks and lackluster reputation....
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Reuss: CT6 underpinnings could support a big Buick

12:01 am U.S. ET | April 20, 2015

General Motors may base a Buick flagship sedan on the same large, rear-wheel-drive platform used for the new Cadillac CT6, says GM product chief Mark Reuss. But it won't happen right away....
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Mini and Rolls leader to speak at congress

12:01 am U.S. ET | April 20, 2015

BMW board member Peter Schwarzenbauer, who is leading Mini and Rolls-Royce through periods of major change, will speak at the Automotive News Europe Congress on June 10 in Birmingham, England....
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ROGER WOOD, CEO, DANA CORP.

Financially strong Dana on hunt for acquisitions

12:01 am U.S. ET | April 20, 2015

Seven years after Dana Corp. emerged from bankruptcy, the supplier is looking for acquisitions. CEO Roger Wood, 52, says he aims to make some "bolt-on" acquisitions of companies to expand Dana's portfolio of driveline components for light vehicles, commercial trucks and off-highway equipment....
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DANIEL SANDBERG, CEO, BREMBO NORTH AMERICA

Brembo thrives on growing performance market

12:01 am U.S. ET | April 20, 2015

Brembo, the Italian brake manufacturer, is on a roll. The company's global 2014 revenue grew 15 percent to nearly $2.20 billion. But Brembo has plenty of challenges. The company wants to hire more engineers, and automakers are demanding lighter weight parts....
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