Executives

LUCA CIFERRI

PSA needs the Citroen DS 6WR in Europe

12:01 am U.S. ET | April 19, 2014
PSA/Peugeot-Citroen's decision not to sell the DS 6WR compact crossover in Europe is strange.... Read More »

 

LARRY P. VELLEQUETTE

CEO media scrums are as ineffective as they are dangerous

9:22 am U.S. ET | April 18, 2014
Journalists chasing a meaty story can act like a pack of wild dogs sometimes. But this week in New York -- and earlier this year at the Detroit auto show after landing her new job -- GM CEO Mary Barra and her entourage must have realized how injured wildebeests feel as they are set upon by jackals.... Read More »

 

Nissan pins Europe growth hopes on new compact car

April 18, 2014 06:01 CET
Nissan expects its new compact hatchback will help it reach its 5 percent European market share target. The hatchback will fill a market niche that Nissan quit when it stopped European sales of the Almera eight years ago.... Read More »

 

Cadillac global chief expected to resume former Washington lobbying job

10:08 pm U.S. ET | April 17, 2014
GM plans to shift its global Cadillac chief back to focus full time on his former lobbying position in Washington as the automaker deals with fallout from defective ignition switches linked to at least 13 deaths, a person familiar with the plans said Thursday.... Read More »

 

Lincoln maps out China strategy, sees learning lab for world

5:00 am U.S. ET | April 17, 2014
Lincoln set up a showcase called The Lincoln Space in a busy pedestrian area of central Beijing today to outline its strategy for entering the world's largest auto market. An initial presence of eight dealerships in seven cities this fall will grow to 20 stores by the end of the year.... Read More »

 

VW's Winterkorn plans new strategy called Future Tracks

April 17, 2014 11:55 CET
Volkswagen CEO Martin Winterkorn will unveil a new strategy for the automaker called Future Tracks by year end, a report said. The plan will set fresh profitability and sales goals, Winterkorn told Manager Magazin in an interview.... Read More »

 

AutoNation stepping away from third-party leads

7:15 am U.S. ET | April 17, 2014
AutoNation, tired of paying high prices for online leads, plans to de-emphasize third-party lead providers such as TrueCar, AutoTrader.com and Cars.com, CEO Mike Jackson says. He says he will strengthen AutoNation's Web site and digital presence to build traffic and sales.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW dealers with Product Geniuses boost profit and customer satisfaction

April 17, 2014 06:15 CET
BMW dealers in Europe taking part in the automaker's Product Genius program are getting a financial boost. The tech-savvy employees' no-pressure explanation of the features available in BMW's vehicles has increased the purchase of high-margin options by 10 percent to 15 percent, the company said.... Read More »

 

BRUCE GAIN

PSA will survive for now, but long-term challenges remain

6:42 am U.S. ET | April 17, 2014
PSA/Peugeot-Citroen CEO Carlos Tavares' Back in the Race business plan and a cash injection from Chinese partner Dongfeng are almost certainly enough to ensure his company's short-term survival, but PSA's long-term prospects remain uncertain.... Read More »

 

Lamborghini helps give parent Audi a technical edge

April 17, 2014 11:43 CET
Lamborghini will showcase the Huracan LP 610-4, its newest technology-packed supercar at the Beijing auto show, with the model set to spice up its parent company Audi's own offerings.... Read More »

 

Johnson Controls diversifies away from autos with $1.6 billion deal

2:54 pm U.S. ET | April 16, 2014
Johnson Controls, seeking to lessen its reliance on the cyclical auto industry, agreed to acquire Texas-based ventilation products company, Air Distribution Technologies, for $1.6 billion.... Read More »

 

Fields sees Ford Europe growth, eyes breakeven by mid-decade

April 16, 2014 17:19 CET
Ford is sticking with its forecast for a smaller loss in Europe this year and breakeven by 2015 even as the company sees signs of growth, COO Mark Fields said.... Read More »

 

U.S. senators press Delphi for answers on recalled GM cars

1:46 pm U.S. ET | April 16, 2014
Lawmakers probing how GM used faulty ignition switches in many vehicles are turning their scrutiny to the supplier of the part, Delphi Automotive. A group of senators on Tuesday wrote to Delphi CEO Rodney O'Neal, asking for information about whether the parts supplier pushed back against GM after the automaker apparently did not accept a proposed fix to the switches.... Read More »

 

Fields sees Ford Europe growth, eyes break-even by mid-decade

11:19 am U.S. ET | April 16, 2014
Ford is sticking with its forecast for a smaller loss in Europe this year and break-even by 2015 even as the company sees signs of growth, COO Mark Fields said today.... Read More »

 

GM rejected better ignition part in 2001 to save money, safety advocates say

10:36 am U.S. ET | April 16, 2014
General Motors chose not to use a more robust ignition-switch part in Chevrolet Cobalts and other small cars while they were being designed, a decision that may have led to deaths, safety advocates said.... Read More »

 

2014 NEW YORK AUTO SHOW

Hyundai goes mild with 2015 Sonata makeover

10:15 am U.S. ET | April 16, 2014
Hyundai is tweaking the recipe that made the Sonata one of the industry's hottest mid-sized sedans in recent years with a makeover for 2015 that is more mild than spicy. The redesigned 2015 Sonata, introduced at the New York auto show today, will offer more technology and safety equipment than the outgoing model.... Read More »

 

Ghosn sees 'bright spots' for carmakers as Europe revives

April 16, 2014 07:23 CET
Global carmakers will see rising demand this year as sales in China and the United States expand and Europe starts to grow again, Renault-Nissan CEO Carlos Ghosn said.... Read More »

 

Daimler will receive 2.43 billion euros for stake in engine JV from Rolls-Royce

April 16, 2014 12:40 CET
Daimler will receive 2.43 billion euros ($3.36 billion) for its 50 percent stake in an engine joint venture from partner Rolls-Royce Holdings Plc.... Read More »

 

MyFord Touch bugs are getting squashed, Hinrichs says

3:10 pm U.S. ET | April 15, 2014
Ford has brought its problem-plagued MyFord Touch communications system up to exceed industry-average reliability -- and plans an upgrade to improve the system's capability, Ford executive Joe Hinrichs said today.... Read More »

 

THE GM RECALL

Barra creates new GM engineering team to improve vehicle safety

5:11 pm U.S. ET | April 15, 2014
General Motors, fighting to bolster its reputation amid a recall crisis, has created a team of engineers aimed at improving vehicle safety, CEO Mary Barra said Tuesday in New York. Touting a “new way of developing vehicles,” Barra said the new “global product integrity” team will “provide the highest levels of safety, quality, and customer service.”... Read More »

 

PHILIP NUSSEL

A mixed message about GM's PR -- but why?

3:44 pm U.S. ET | April 15, 2014
If a company changes its head of public relations in the midst of a public relations crisis that stems from a recall crisis, does that not send a certain message? Yes, unless the company is General Motors.... Read More »

 

Customers' luxury motivation turns to self-reward, execs say

1:48 pm U.S. ET | April 15, 2014
The definition of luxury automotive brands, and the motivation of luxury-car shoppers, is changing from an outward-directed display of wealth to a self reward for a successful customer. That was the conclusion of a panel of luxury-brand executives at the NADA/J.D. Power Automotive Forum in New York today.... Read More »

 

VW picks former Audi r&d boss to run Bentley, Bugatti brands

6:12 am U.S. ET | April 15, 2014
Volkswagen said Audi's former development chief, Wolfgang Duerheimer, will head its Bentley and Bugatti brands. It will be Duerheimer's second stint as Bentley CEO.... Read More »

 

VW picks former Audi r&d boss to run Bentley, Bugatti brands

April 15, 2014 12:12 CET
Volkswagen said Audi's former development chief, Wolfgang Duerheimer, will head its Bentley and Bugatti brands. It will be Duerheimer's second stint as Bentley CEO.... Read More »

 

BMW i3 production boosted 43% in preparation for U.S. launch

April 15, 2014 13:05 CET
BMW has ramped up production of its i3 electric car to 100 vehicles a day, ahead of its launch in the United States this month, board member Harald Krueger said.... Read More »

 

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