What -- No tail fins?Oct. 21
Battery suppliers face capacity crunchOct. 21
Mitsubishi plans for U.S. growth alone, for nowOct. 21
Daimler plans $1B investment in Ala. to build EQ electric utility vehiclesSept. 21
Daimler AG is investing an additional $1 billion in its U.S. factory in Vance, Ala., expanding the 20-year-old site to build fully electric utility vehicles under its EQ subbrand along with their battery packs.
Battle between Piech, Porsche families highlighted in German documentaryOct. 20
Daimler Q3 profit falls 14% on diesel costsOct. 20
Bentley to replace CEO, 3 board members in overhaulOct. 20
Wolfgang Durheimer will step down as CEO of Bentley effective February 1 and be succeeded by Adrian Hallmark, former global strategy director at Jaguar Land Rover. Bentley's heads of engineering, sales and marketing, and human resources are also stepping down in a major overhaul.
Nissan's lax inspections started at least 20 years ago, report saysOct. 20
Nissan's inappropriate inspection practices have been going for at least 20 years, Japanese broadcaster NHK said. The report followed a decision by the automaker to suspend domestic vehicle production to address misconduct in its final inspection procedures, which has led to a recall of 1.2 million cars sold in Japan.
Aston Martin moves beyond sports cars to Miami real estateOct. 20
Aston Martin is pushing into U.S. real estate for the first time in an effort to establish a broader luxury brand. The automaker is building a 66-story apartment tower in downtown Miami that will feature 391 condominiums with prices ranging from $600,000 to $50 million.
Infiniti appoints French exec Meunier as global sales chiefOct. 20
Chief Economist Szakaly will leave NADA for health systemOct. 19
Nissan suspends Japanese output for 2 weeks; exports to continueOct. 19
Nissan is suspending domestic production of vehicles for the Japanese market for at least two weeks to address misconduct in its inspection procedures that led to a major recall. Nissan will continue to produce vehicles for export.