Executives

Porsche’s Mueller: ‘Not too old’ for CEO job

12:01 am U.S. ET | March 30, 2015

Open campaigning for CEO jobs at automakers rarely occurs, but Porsche CEO Matthias Mueller says he’s young and fit enough to be a candidate to succeed Martin Winterkorn as head of Volkswagen Group....
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Winterkorn: Complacency cost VW in U.S.

12:01 am U.S. ET | March 30, 2015

Speaking to a German car magazine, VW Group CEO Martin Winterkorn acknowledged his team became complacent after the initial success of VW's Chattanooga-built Passat....
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LETTER TO THE EDITOR

Cadillac needs to change its tone

12:01 am U.S. ET | March 30, 2015

In reference to Richard Truett's observations about Cadillac, I am dismayed by the humble (defeatist) tone in the latest marketing effort ("De Nysschen, 'Dare' I say, needs a better plan to reconstruct Cadillac's image," March 2). It's a far cry from the old "Standard of the World" posture....
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LG Chem exec: Tesla's gigafactory to cut EV costs

12:01 am U.S. ET | March 30, 2015

Tesla Motors' "gigafactory," a huge battery plant under construction in Nevada, could help suppliers of lithium ion batteries for autos finally turn a profit, says Prabhakar Patil, CEO of LG Chem Power Inc....
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Revamp of CPO program pays off for Fiat Chrysler

12:01 am U.S. ET | March 30, 2015

Fiat Chrysler's retooled certified used-vehicle program is paying off, said Eric Swanson, FCA US senior manager of certified pre-owned vehicle sales. The company added about 150 dealers to the CPO fold in 2014, for a total of 1,404, and expects to add 100 or more this year....
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Sonic to expand initiative piece by piece

12:01 am U.S. ET | March 30, 2015

Sonic Automotive Inc.'s rollout of its customer experience initiative to stores in the Charlotte, N.C., area came slower than expected, in part due to a malfunctioning website. But One Sonic-One Experience is now live at all five Sonic stores in that pilot market, and market share against local same-brand dealerships is rising at three of them....
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Tesla reboots in China as range anxiety, customs crimp sales

12:34 pm U.S. ET | March 29, 2015

Tesla is rushing to expand its network of charging stations across China to assuage range anxiety, add luxury features that suit local tastes and retrain a sales force that CEO Elon Musk previously described as "brain-dead."...
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How a Frenchman is bringing back Datsun

12:01 am U.S. ET | March 29, 2015

Vincent Cobee's mission to reintroduce Datsun around the world is a mixture of irony, politics, auto industry counterintuition and a fair amount of raiding the corporate closet for new products. The Frenchman has been tasked by Nissan CEO Carlos Ghosn with re-establishing the brand....
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Leases to get more expensive, ALG says

12:01 am U.S. ET | March 28, 2015

Low-cost monthly auto leases will become more expensive over the next couple of years, predicts ALG President Larry Dominique. That's because the supply of used light vehicles -- especially those 3 to 5 years old -- returning to the market will rise significantly, lowering used-vehicle prices and residual values to prerecession levels....
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Valeo's self-driving systems learn from military drones

12:01 am U.S. ET | March 28, 2015

Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade.The French supplier said the first applications may reach automaker customers within three years....
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Jaguar Land Rover names new global engineering chief

March 27, 2015 17:11 CET

Jaguar Land Rover named company veteran Nick Rogers as its new engineering director to succeed Wolfgang Ziebart. Rogers will assume board-level responsibilities for the UK automaker's global engineering operations, reporting directly to CEO Ralf Speth, JLR said....
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Valeo's self-driving systems learn from military drones

March 27, 2015 17:55 CET

Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade. The French supplier said the first applications may reach automaker customers within three years....
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Cadillac CT6 to pack 34-speaker Bose sound system

3:20 pm U.S. ET | March 27, 2015

Cadillac's new flagship sedan will come with a new sound system that will leave nothing uncovered inside the cabin....
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Tesla presses Japanese battery suppliers to innovate, take risks

12:19 pm U.S. ET | March 27, 2015

A Tesla executive courted partners in Japan for its so-called gigafactory, praising local companies for top-notch quality and technology while cautioning against slow decision-making and risk aversion....
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GM board member Erroll Davis to retire

11:17 am U.S. ET | March 27, 2015

Erroll Davis, a member of General Motors boards before and since the automaker's 2009 bankruptcy, will retire in June....
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Ford's Mulally made $22 million in 2014; Fields' pay rises 83%

11:45 am U.S. ET | March 27, 2015

Alan Mulally, who retired as Ford CEO in mid-2014, received compensation worth $22 million last year, the company said today in a regulatory filing. His successor, Mark Fields, earned $18.6 million....
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PSA picks France factory over Spain for engine production expansion

March 27, 2015 09:47 CET

PSA said it has chosen a French factory over a rival Spanish plant to expand engine production. PSA will upgrade its Tremery site to produce the turbocharged version of a three-cylinder engine already manufactured there. The plant beat out PSA's factory in Vigo, Spain, for the additional 200,000 engines a year....
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Ghosn's pay increase criticized by Renault union

March 27, 2015 09:23 CET

Renault's biggest trade union, the CGT, criticized the automaker's proposal to more than double CEO Carlos Ghosn's 2014 pay package to 7.22 million euros ($7.85 million). Renault, which is cutting 7,200 jobs in France, says Ghosn's higher earnings are tied to the company's profit increase....
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YANG JIAN

BLOG: With Volvo's help, Geely goes upscale

4:31 am U.S. ET | March 27, 2015

Zhejiang Geely Holding Group launched sales last week of its new flagship car, the GC9 midsize sedan, which is the first product developed by the Chinese automaker with the support of Volvo....
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Dodge monkeys around with CGI in new ads

4:06 pm U.S. ET | March 26, 2015

Enforcing Dodge Law is serious business. So the brand turned to muscle car enthusiast Richard Rawlings of Discovery Channel's “Fast N' Loud” to restore order in an ad campaign that launched this month. But even with Rawlings' expertise in resurrecting vintage rides at his Gas Monkey Garage in Dallas, he needed a partner with a little attitude....
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Aston Martin claims Henrik Fisker's Thunderbolt is unauthorized copy

8:59 pm U.S. ET | March 26, 2015

Aston Martin said Henrik Fisker’s “Thunderbolt” prototype for a $400,000 GT coupe is an unauthorized copy of its iconic sports cars featured in James Bond movies for 50 years....
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Barra advises women to accept challenging work assignments

2:04 pm U.S. ET | March 26, 2015

General Motors CEO Mary Barra encouraged women to take on new challenges from studying science and math to accepting jobs that are outside of their area of expertise....
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UAW to press for 'pattern' labor deals in Detroit 3 talks, Williams says

5:51 pm U.S. ET | March 25, 2015

UAW President Dennis Williams says the UAW will try to negotiate labor contracts with the Detroit 3 later this year that are identical -- a goal made difficult because each automaker has different labor costs largely as a result of a lower-cost, entry-level pay scale....
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'We've got too many damn tiers,' UAW head tells cheering delegates

10:50 am U.S. ET | March 25, 2015

In a fiery address to hundreds of UAW delegates, union President Dennis Williams said auto workers sacrificed during the recession and now must get that compensation back....
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Former GM Europe chief Forster will lead UK taxi builder

March 25, 2015 06:01 CET

Auto industry veteran Carl-Peter Forster, who once headed GM Europe and Tata Motors, is new board chairman at London Taxi Company, which builds the UK's iconic black cabs....
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