Executives

Hyundai moves money to regain mojo

12:01 am U.S. ET | Dec. 15, 2014
Determined not to let hard-won market share gains slip away, Hyundai Motor America CEO Dave Zuchowski is redirecting marketing dollars and asking for a bigger budget from his bosses in Korea....
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2015 WORLD CONGRESS

Panelists to focus on retail trends

12:01 am U.S. ET | Dec. 15, 2014
Three experts with rich backgrounds in auto retailing will discuss the convergence of trends and what they mean for the future during next month's Automotive News World Congress in Detroit....
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Mini to pare lineup to 5 models

12:01 am U.S. ET | Dec. 15, 2014
By 2020 at the earliest, Mini's lineup will have only five models, down from seven today....
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Obituaries

12:01 am U.S. ET | Dec. 15, 2014
Longtime auto dealer Bob Moore died Dec. 1. He was 81. Sam Swope, who developed one of the nation's first regional auto malls, died Tuesday, Dec. 9. He was 88....
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EDITORIAL

Revolving doors

12:01 am U.S. ET | Dec. 15, 2014
The challenges facing sales consultants are familiar: long and irregular hours, uncertain and variable pay and relatively low income....
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Q&A

Eaton on the prowl for software engineers

12:01 am U.S. ET | Dec. 15, 2014
Eaton Corp. is well known for transmissions, clutches, differentials and other robust industrial products. So it's surprising that software development is a significant bottleneck for the supplier. Staci Kroon, 41, president of Eaton's vehicle group in North America, explains the problem....
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GM dealers take on more loaners

12:01 am U.S. ET | Dec. 13, 2014
Dealers are seeing a huge expansion of General Motors' Courtesy Transportation Program, a bid to create better loyalty via the service lane and by getting more people to try vehicles....
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Renault-Nissan Alliance shuffles purchasing team

3:04 pm U.S. ET | Dec. 12, 2014
The Renault-Nissan Alliance said today has shuffled its executive purchasing team, promoting Yasuhiro Yamauchi, 58, to executive vice president of the two companies' joint purchasing operation....
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Ford elects former FCC chairman Kennard to its board

12:38 pm U.S. ET | Dec. 12, 2014
Ford elected William Kennard, former US ambassador to the European Union and FCC chairman, to its board of directors....
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VW has 10 million sales in sight despite flat November

Dec. 12, 2014 12:54 CET
VW Group's global vehicle sales increased just 1 percent in November as its business was hit by slumps in Russia and Brazil. The automaker, however, remains confident it will meet a full-year target of 10 million deliveries....
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Tesla’s China president resigns after less than 9 months in post

7:00 am U.S. ET | Dec. 12, 2014
Tesla Motors said its top manager in China is leaving the company after less than nine months in the position....
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Fiat Chrysler says it has no plan to move Ferrari's tax base from Italy

Dec. 11, 2014 16:07 CET
Fiat Chrysler Automobiles denied a report that it is considering moving the tax residence of its Ferrari supercar unit outside Italy. The possibility of the move to save on corporate taxes caused an outcry in its home country....
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Fiat Chrysler sells stock at discount after NY slump

Dec. 11, 2014 11:06 CET
Fiat Chrysler's share sale will carry a discount of 4 percent after the stock plunged the most in New York since the company's October debut. CEO Sergio Marchionne is seeking to raise about $5 billion to counter mounting debt....
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Janet Barnard named president of Manheim North America

5:34 pm U.S. ET | Dec. 11, 2014
Manheim North America COO Janet Barnard has been named president of the auction company, effective immediately, the company's parent, Cox Automotive, said Thursday....
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Fields predicts 'breakthrough year' for Ford in 2015

4:33 pm U.S. ET | Dec. 11, 2014
Ford CEO Mark Fields said 2015 will be “a breakthrough year” for Ford after a large number of vehicle launches trimmed profit margins in 2014. “Our investments are going to be paying off,” Fields said at a media event to unveil the newest generation of its Sync infotainment system. “This sets us up for growth beyond 2015.”...
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Kentucky dealer Sam Swope dies at 88

4:11 pm U.S. ET | Dec. 11, 2014
Sam Swope, who acquired his first auto dealership -- a Dodge and Plymouth store -- in 1952 and went on to build a wide-ranging brand portfolio in Kentucky, died Tuesday, Dec. 9....
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Ford, Magna, Verizon commit $2 million to bring 10 transportation-related startups to Detroit

11:06 am U.S. ET | Dec. 11, 2014
Ford, Magna, and Verizon are sponsoring what is being billed as Techstars Mobility, Driven by Detroit, an accelerator program to foster innovative transportation-related startups....
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Mercedes sales chief Kaellenius seen as potential Zetsche successor after promotion to board

Dec. 11, 2014 14:34 CET
Daimler promoted Ola Kaellenius, head of sales for its Mercedes unit, to the group's management board, making him a potential candidate to succeed Dieter Zetsche as CEO. Zetsche's current contract runs until the end of 2016....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

UK dealer puts BMW's Future Retail program to the test

Dec. 11, 2014 06:01 CET
BMW's Future Retail program, which launched last year in Europe and China, offers customers a high-tech but unrushed explanation of BMW products. Elms BMW in the UK was an early adopter as it wanted a new way to lure customers....
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Honda hiring supplier auditor as Takata airbag crisis grows

6:36 am U.S. ET | Dec. 11, 2014
Honda, the automaker at the center of a global auto-safety crisis, is seeking to hire a senior quality engineer who would lead audits of suppliers’ quality assurance....
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Ferrari said to mull moving fiscal residence outside Italy

Dec. 10, 2014 13:02 CET
Ferrari is considering moving its fiscal residence outside Italy to save on corporate taxes as the supercar maker prepares for its spinoff from Fiat Chrysler Automobiles, sources said....
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BMW's designated CEO Krueger will usher in new era at automaker

Dec. 10, 2014 10:58 CET
BMW's designated CEO Harald Krueger is seen as an executive who commands respect among colleagues as a "straight shooter, a good motivator and a good speaker," according to one analyst, and by another as likely to start "a new era" at the automaker.....
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VW hires BMW exec Diess to lead core car brand

Dec. 9, 2014 08:18 CET
VW Group has appointed BMW development chief Herbert Diess to its management board. Diess, 56, will take over as chairman of the VW passenger car brand from CEO Martin Winterkorn, effective Oct. 1, 2015, the company said....
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BMW names Krueger next CEO, Reithofer new chairman

Dec. 9, 2014 10:33 CET
BMW CEO Norbert Reithofer will step down in May, one year early, and hand over his post to production chief Harald Krueger. Reithofer will succeed Joachim Milberg as chairman of the company's supervisory board....
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Honda planning worldwide recall for Takata airbags, Ito says

5:53 am U.S. ET | Dec. 9, 2014
Honda President Takanobu Ito said his company is planning to launch a worldwide investigative airbag recall, just days after extending a similar callback in the United States. Ito also expressed frustration with the response of Japanese airbag supplier Takata, but said Honda will offer support if Takata tips into financial difficulties....
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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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