The 'junk bond king' held court at 4 a.m.Mon, 02, May 2016
Former Ford and Chrysler public relations chief Jason Vines is out with a new book - this one co-authored by former American Motors CEO Joe Cappy. The Last American CEO describes Chrysler's acquisition of AMC from Renault in 1987 - a momentous deal largely because then-Chrysler CEO Lee Iacocca got his hands on Jeep.
De Nysschen takes the long view on profit marginMon, 02, May 2016
Cadillac President Johan de Nysschen told Reuters in at the Beijing auto show last week that he is targeting an 11 percent operating margin in 10 years for the brand. Of course, GM never reports the profit margins of its units, and de Nysschen declined to give incremental contributions of Cadillac to GM profits before the 10-year mark.
Porsche speeds ahead with 911 turbo; purists fretMon, 02, May 2016
Porsche's U.S. leader thinks sales of the iconic 911 can go higher. Potential buyers nervous about the nameplate's move to turbocharged engines who to test out the cars will be won over by its improvements, he says.
Mazda combats sales damage with redesigned CX-9 flagshipMon, 02, May 2016
Mazda executives expect the redesigned CX-9 crossover to reverse the automaker's U.S. market share slump and pull the brand back from the incentives it once vowed to avoid.
Subaru aims to sell more Impreza sedansMon, 02, May 2016
Subaru has long leaned on the five-door version of the Impreza for volume in the small-car segment. But with the next-generation arriving this year, Subaru wants the sedan variant to do more heavy lifting.
Ford fined $1 million by Mexico's environmental prosecutorMon, 02, May 2016
Mexico's environmental prosecutor Profepa said today that it was fining Ford's local unit for selling vehicles in Mexico without the proper environmental certifications.
VW, UAW officials to meet on labor dispute at Tenn. plantMon, 02, May 2016
Volkswagen AG and UAW officials will meet later this month in an effort to overcome a labor dispute at the VW plant in Tennessee.
FCA's Marchionne adds Ferrari CEO title after Felisa retiresMon, 02, May 2016
Ferrari appointed Chairman Sergio Marchionne to replace Amedeo Felisa as CEO with "immediate effect," adding yet another title for the Italian-Canadian manager, who also runs Fiat Chrysler.
Acura launches ad campaign for 30th anniversaryMon, 02, May 2016
Instead of cake and candles, Acura is running a new ad campaign for the brand's 30th anniversary.
Ferrari raises forecast after Q1 profit jumps 19%Mon, 02, May 2016
Ferrari said net profit rose 19 percent to 78 million euros ($90 million) in the first quarter, its first as an independent company.
Nissan takes new ad path after U.S. exec ripped agenciesMon, 02, May 2016
Nissan is making a new safety pitch in U.S. ads breaking this week as part of a larger marketing overhaul that will take full effect in June.
Fast growth for a showroom ghostMon, 02, May 2016
U.S. sales of full-size vans are increasing eight times faster than the industry average. The growth has commercial vans on track to top half a million sales for the first time ever this year.