Group 1 CEO says automakers need to cut productionWed, 27, Apr 2016
The head of one of the biggest U.S. dealership groups said major automakers must cut production in order for dealers to keep healthy profit margins.
Superior Industries more than triples Q1 net incomeWed, 27, Apr 2016
Aluminum-wheel supplier Superior Industries more than tripled its first-quarter net income, driven by a 25 percent gain in wheel shipments.
Icahn's Federal-Mogul returns to profitability in Q1Wed, 27, Apr 2016
Carl Icahn-controlled Federal-Mogul today reported a $35 million profit in the first quarter as sales in its aftermarket parts division rose 7.5 percent.
Why the Porsche-Piech family is not rushing in to fix VWWed, 27, Apr 2016
The Porsche-Piech clan, led by Wolfgang Porsche, that controls scandal-hit VW Group has the voting power to muscle through change at the automaker, but family members are not acting on it. That has left a power vacuum even as VW faces costs that could top $30 billion.
Mitsubishi CEO, COO likely to resign over cheating, report saysWed, 27, Apr 2016
Mitsubishi Motors CEO Osamu Masuko and COO Tetsuro Aikawa are likely to resign over the Japanese automaker's manipulation of fuel economy data, Japanese media reported today. The scandal has halved the company's market value in a week.
VW said to hire McKinsey to address diesel scandalWed, 27, Apr 2016
VW Group has hired external advisers McKinsey & Co. to better react to the turmoil caused by its emissions cheating and help draft a strategy to move beyond the scandal, people familiar with the matter told Bloomberg.
Mitsubishi COO denies he and CEO plan to step downWed, 27, Apr 2016
Mitsubishi Motors COO Tetsuro Aikawa today denied Japanese media reports that he and CEO Osamu Masuko plan to resign over the Japanese automaker's manipulation of fuel economy data. He added that the automaker has "absolutely no plans" to pull out of the automotive market
Volvo announces 3 regional executive moves in U.S.Wed, 27, Apr 2016
Volvo Car USA has announced three executive changes in its regional structure effective May 1.
What FCA employees need to hear from their leadersSun, 24, Apr 2016
Fiat Chrysler's year-long obsession with a merger is taking a toll within the company in ways that don't show up on the balance sheet.
Mitsubishi's existence at risk as fraud case widensWed, 27, Apr 2016
For the second time in about a decade, Mitsubishi faces a scandal that could affect the company's very existence after the automaker admitted improperly testing the fuel economy of its cars over the past 25 years.
ALG chief: Millennials will drive strong leasingMon, 25, Apr 2016
Millennials are paying off their student loans and moving out of their parents' basements. That cohort's emphasis on affordability will continue to drive lease growth, Jim Nguyen, the new head of ALG, predicts in this Q&A.
BMW promotes Petter Witt to N.A. vice president of operationsTue, 26, Apr 2016
BMW has rewarded a regional manager who “fully embraced” the automaker's efforts to create its Future Retail dealership standards. Petter Witt becomes executive vice president, operations, in North America, effective May 1.