Executives

Ferrari files for IPO to raise funds for Fiat Chrysler

8:49 am U.S. ET | July 23, 2015

Fiat Chrysler Automobiles NV's plan to raise money by spinning off Ferrari took a step forward with the automaker filing for the unit's initial public offering on the New York Stock Exchange....
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Zetsche says hacking concerns drive Mercedes bid for Nokia maps unit

July 23, 2015 12:17 CET

Daimler CEO Dieter Zetsche said a desire to have better control over data security is one of the reasons Mercedes is part of a German car-making consortium bidding for Nokia's high-definition mapping business....
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Audi will replace its China chief amid sales decline

July 22, 2015 13:27 CET

Audi will replace the head of its Chinese operations, Dietmar Voggenreiter, as the carmaker grapples with an accelerating sales decline in its No. 1 market....
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HANNAH LUTZ

BLOG: How Honda Finance’s settlement could be a win for all retailers

11:30 am U.S. ET | July 22, 2015

At face value, the consent order between Honda Finance and the CFPB over lending practices doesn’t seem like a gift to retailers industrywide, but it could be....
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AutoNation's Q2 net rises 15%; revenue up 9%

8:00 am U.S. ET | July 22, 2015

AutoNation's net income rose 15 percent in the second quarter from the year-earlier period to $115.1 million. Revenue rose 9 percent to $5.22 billion, boosted by higher sales of premium luxury, domestic and import brands, and higher results in new vehicles, used vehicles, parts and service, and finance and insurance operations....
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Bugatti names former Bentley, Ferrari exec as marketing boss

July 21, 2015 06:01 CET

Bugatti named Oliver Winkes as its new marketing chief. The VW Group veteran who started his career with Ferrari will be responsible for the supercar marque's marketing activities....
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VW will set up new truck business headquarters

July 21, 2015 12:14 CET

Volkswagen plans to set up its new truck business near its headquarters in Wolfsburg, Germany. The carmaker aims to build a heavy goods vehicle operation capable of taking on rivals Daimler and Volvo....
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Betts, ex-Chrysler quality chief, joins Apple

9:43 pm U.S. ET | July 20, 2015

Doug Betts, the former head of global quality at Fiat Chrysler Automobiles and an expert in auto manufacturing, has joined Apple, according to the auto industry veteran's LinkedIn profile....
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GM ignition switch review approves 3 more injuries

12:00 pm U.S. ET | July 20, 2015

Three more minor injuries have been linked to General Motors' defective ignition switches, the office of attorney Kenneth Feinberg said....
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FCA consent order would be ‘a strong outcome,’ NHTSA chief says

4:15 pm U.S. ET | July 20, 2015

NHTSA chief Mark Rosekind says the agency is talking with Fiat Chrysler about a settlement to a dispute over the automaker’s handling of recalls, but hasn’t yet reached an agreement....
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Tesla Model S gets 'Ludicrous'

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

The electric-vehicle maker, channeling one of the more absurd moments of the Mel Brooks comedy Spaceballs, announced a $10,000 option on its newest Model S variant that runs from 0 to 60 mph in a face-stretching 2.8 seconds -- a feature Tesla calls "Ludicrous Mode."...
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Renault mulls Iran launch for Kwid crossover

July 20, 2015 17:28 CET

Renault may sell its new Indian-built Kwid crossover in Iran in a bid to freshen its model lineup as it prepares to return to the market following a deal to lift economic sanctions....
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2 deal makers take charge at suppliers

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

Deal makers Kamsickas and Miller take charge of 2 major suppliers, Dana and IAC....
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A pledge to boost Nissan's Japan production

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

Nissan can manufacture profitably in Japan at any exchange rate when the dollar buys more than 100 yen, but it struggles when the dollar is weaker than that...
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Hachigo holding out for a Civic Type R

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

When Takahiro Hachigo returned to Japan in March after years overseas to be Honda's new CEO, he didn't rush out to buy a new car. “There is a model I want, which will, as I have told you, be launched this autumn,” Hachigo said. “I will wait ... I want to buy the Civic Type R.”...
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LETTER TO THE EDITOR FROM SCOTT PAINTER

TrueCar does not misuse dealer data

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

Some media reports have raised concerns about how TrueCar uses data. The truth is TrueCar has requested the same data from our dealer partners for 10 years. We have never sold the data. We do not use the data for marketing. Suggestions that TrueCar may misuse data are untrue and misleading....
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Mercedes revamps its supply chain to trim costs

July 19, 2015 10:24 CET

Mercedes aims to reduce its logistics costs by about 20 percent per vehicle as the automaker invests hundreds of millions of euros in a global reorganization of its supply chain network....
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Ford, ex-exec in trade secrets fight

12:01 am U.S. ET | July 19, 2015

Versata Software is suing Ford for $1 billion, accusing the automaker of stealing its trade secrets to create a copycat version of a program used to help configure vehicles under development and reduce warranty costs....
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Automakers vie for pole position in Iran

July 18, 2015 06:01 CET

Carmakers are racing for Iran following the country's breakthrough nuclear deal with Western powers - pitting past market leader PSA/Peugeot-Citroen against challengers including Volkswagen and Renault....
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Ferrari recalls 814 supercars for improper airbag installations

10:51 am U.S. ET | July 17, 2015

Luxury supercar maker Ferrari is recalling 814 vehicles, costing from $200,000 to more than $1.4 million, to fix driver-side airbags that were installed at an improper angle....
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Tesla Model S option offers 'Ludicrous' 0-to-60 time of 2.8 seconds

3:04 pm U.S. ET | July 17, 2015

Tesla Motors, channeling a moment from the Mel Brooks comedy “Spaceballs,” announced a $10,000 option on its newest Model S variant that runs zero to 60 in a face-stretching 2.8 seconds -- a feature Tesla calls "Ludicrous Mode." That compares with 3.2 seconds for the "Insane Mode" setting on its previous high-end model....
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Former GM researcher, auto safety expert Donald Friedman dies at 88

1:14 pm U.S. ET | July 17, 2015

Donald Friedman, a former General Motors researcher and auto safety consultant, died last month in Southern California. He was 88....
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Friedman to leave NHTSA after serving as interim boss

12:25 pm U.S. ET | July 17, 2015

David Friedman, deputy administrator of NHTSA and its interim leader during the 2014 General Motors recall crisis, is leaving his position, the agency confirmed today....
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Nissan passes Toyota to become Europe's top-selling Asian brand

July 17, 2015 10:20 CET

Nissan passed Toyota to become the top-selling Asian brand in Europe in the first six months as demand for the latest Qashqai compact crossover and growth in key markets such as the UK, France and Germany, helped the automaker gain market share....
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Tesla to sell Model X in China in first half of 2016

10:23 am U.S. ET | July 16, 2015

Tesla Motors expects to start selling its Model X SUV in China in the first half of next year after first introducing it in the U.S. this quarter....
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