Executives

NEWS ANALYSIS

Elon Musk's vision is not for the faint of heart

9:39 am U.S. ET | Feb. 12, 2016

Leave it to Elon Musk to make a company's stock jump nearly 5 percent a day after reporting widening losses -- all in the middle of a market selloff....
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Alfa Romeo could return to F1 racing with own team

Feb. 12, 2016 15:02 CET

Alfa Romeo could return to Formula One racing with its own team, Fiat Chrysler CEO Sergio Marchionne said....
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DOUGLAS A. BOLDUC

BLOG: GM's rising faith in Opel

12:01 am U.S. ET | Feb. 12, 2016

GM CFO Chuck Stevens expects the U.S. automaker's long-struggling European arm will break even in 2016. Opel CEO Karl-Thomas Neumann is more cautious....
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Google's self-driving car project expands hiring, posts manufacturing jobs

Feb. 12, 2016 11:14 CET

Google's self-driving car project is advertising jobs on its website with a special focus on manufacturing expertise. The company is looking for engineers, as well as managers to lead operations, materials and marketing....
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2016 GENEVA AUTO SHOW

Aston Martin's DB11 will launch brand's renewal

Feb. 12, 2016 10:45 CET

Aston Martin will unveil its new DB11 at the Geneva auto show as the company renews its aging lineup in a push to return to sustainable profitability after five years of losses. The coupe will replace the DB9, which was introduced 13 years ago....
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Penske Automotive says earnings improved 4.5% in Q4; stock rises

11:35 am U.S. ET | Feb. 11, 2016

Penske Automotive today posted mixed results for the fourth quarter as earnings from continuing operations improved but net income fell. The company said continuing operations income rose 4.5 percent to $73 million, but net income dropped 2.6 percent to $71.3 million....
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Daimler to name Kaellenius r&d head, German paper reports

12:55 pm U.S. ET | Feb. 11, 2016

Daimler AG is about to appoint its marketing and sales head Ola Kaellenius as head of research and development, Handelsblatt reported today....
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Ford's LaNeve stops short of confirming Bronco's expected return

12:32 pm U.S. ET | Feb. 11, 2016

The Bronco, one of Ford's storied nameplates, seems likely to be one of the four new utility vehicles coming to the Ford lineup in the next four years. But Ford's Mark LaNeve stopped just short of confirming it today....
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Group 1 adjusted earnings fall in Q4; Brazil hurts bottom line

7:30 am U.S. ET | Feb. 11, 2016

Group 1's revenue increased in the fourth quarter, thanks to higher sales volumes in the U.S. and the United Kingdom, but its profit in the final three months of the year declined because of tighter margins on new cars, especially luxury vehicles....
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DOUGLAS A. BOLDUC

BLOG: GM's rising faith in Opel

12:01 am U.S. ET | Feb. 11, 2016

GM CFO Chuck Stevens expects the U.S. automaker's long-struggling European arm will break even in 2016. Opel CEO Karl-Thomas Neumann is more cautious....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Porsche's new sales boss predicts continued growth after record 2015

Feb. 11, 2016 06:01 CET

Porsche easily surpassed its goal of 200,000 annual global sales last year and can now look forward to another year of worldwide growth, Detlev von Platen, the brand's new sales boss, told Automotive News Europe....
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NICK GIBBS

BLOG: Ford can boost Europe profits by adding upscale Vignale SUVs

12:01 am U.S. ET | Feb. 11, 2016

Ford of Europe isn't saying which models will next get its upscale Vignale trimline but the brand's two largest SUVs are the top candidates as the automaker plans to expand its Vignale variants to at least five by 2017 from just two now....
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Tesla revenue spikes on Model S demand, but Q4 losses grow to $320M

4:55 pm U.S. ET | Feb. 10, 2016

Tesla set a record for deliveries in the fourth quarter as customers ignored sagging oil prices and bought the Model S sedan, the maker of all-electric luxury cars said as it reported a net loss of $320 million, up from $108 million a year earlier....
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Renault will launch Koleos successor in Europe

Feb. 10, 2016 06:01 CET

Renault will begin selling a replacement for its Koleos SUV in Europe next year. Unlike its platform sibling, the Nissan X-Trail, the Renault model will not offer a seven-seat version....
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Cadillac prices XT5 below rivals, but aims high

12:09 pm U.S. ET | Feb. 10, 2016

The new 2017 Cadillac XT5 will have a base sticker price of $39,990, including shipping, when it hits showrooms in April -- about $1,400 more than its predecessor, the SRX, but considerably less than key competitors in the luxury midsize crossover market. The price range will stretch far higher on the XT5 than on the SRX....
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Self-driving cars succumb to snow blindness as driving lanes disappear

6:41 am U.S. ET | Feb. 10, 2016

As automakers race to get robot cars on the road, they're encountering an obstacle very familiar to humans: Old Man Winter. Simple snow can render the most advanced computing power useless and leave vehicles dead on the highway....
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NICK GIBBS

BLOG: Jeep joins Nissan, Honda and others getting big benefit from European production

12:01 am U.S. ET | Feb. 10, 2016

Fiat Chrysler's decision to build the new Jeep Renegade in Italy is paying off, helped by strong demand from local customers. Other automakers including Nissan, Honda, Kia and Suzuki have also has been rewarded in the European countries where they have opened factories. Volvo hopes to do the same in the U.S....
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BMW drops to third place in luxury sales race during January

Feb. 10, 2016 11:56 CET

BMW lost ground in the luxury-car sales race in January, dropping to third place as Mercedes moved closer to a goal of unseating its rival this year....
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NICK BUNKLEY

BLOG: Ford's Mexico expansion plans amount to a nice gift for Trump

3:12 pm U.S. ET | Feb. 9, 2016

So as it turns out, Donald Trump was right about Ford. Sort of. That's after news has leaked out that Ford is, in fact, planning to build a big, new assembly plant in Mexico....
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Applied Acoustics International names industry veteran Larry Hagood as CEO

3:55 pm U.S. ET | Feb. 9, 2016

Applied Acoustics International, the sound barrier and noise dampening supplier created last week when UGN Inc. sold its automotive acoustics business, today named Larry Hagood, 56, as its CEO....
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Mercedes is not chasing luxury sales lead at any price, Zetsche says

Feb. 9, 2016 11:29 CET

Daimler CEO Dieter Zetsche says Mercedes will not sacrifice margins in its quest to overtake rival BMW and become the world's best-selling luxury brand....
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Bob Rossiter, who helped build and rebuild seating giant Lear, dies at 69

11:28 am U.S. ET | Feb. 9, 2016

Former Lear CEO Bob Rossiter, who worked with the company for 40 years and led it through bankruptcy in 2009, died Sunday after a yearlong battle with cancer....
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DOUGLAS A. BOLDUC

BLOG: Ford faces tough decision on B-Max

12:01 am U.S. ET | Feb. 9, 2016

When Ford of Europe President Jim Farley says that the automaker must be even more selective on the segments where it competes it makes me think that the B-Max's days are numbered....
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Porsche CEO says profits will be hit by EV investment

Feb. 9, 2016 11:02 CET

Porsche is bracing for smaller profit gains in the future as the sports-car maker steps up spending on models such as its first EV, CEO Oliver Blume said....
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DOUGLAS A. BOLDUC

BLOG: Ford faces tough decision on B-Max

12:01 am U.S. ET | Feb. 9, 2016

When Ford of Europe President Jim Farley says that the automaker must be even more selective on the segments where it competes it makes me think that the B-Max's days are numbered....
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