Executives

DAVE GUILFORD

BLOG: Cox's Schwartz urges 3 dealer changes

5:15 pm U.S. ET | March 31, 2015

Sandy Schwartz has been campaigning this year with a stump speech that drives home a simple message: Dealers have to change the way they do business, and today's good times represent an opening to do so....
Read More »

Berkshire Hathaway Automotive targets growth, possibly abroad

3:00 pm U.S. ET | March 31, 2015

Berkshire Hathaway Automotive already is on the prowl to acquire more dealerships. And, top executives hinted today, that might include looking outside the US. Berkshire Hathaway closed on its purchase of Van Tuyl Group on March 9...
Read More »

Cadillac mulls lower-priced, entry-level vehicle, de Nysschen says

4:57 pm U.S. ET | March 31, 2015

Cadillac is considering a lower priced, entry-level luxury vehicle, one of several holes it's working to fill, but doesn't want to create a lineup as large as many German automakers, the brand's chief, Johan de Nysschen, said today....
Read More »

ARLENA SAWYERS

BLOG: Bidding goodbye to Black Book's Beggs

2:34 pm U.S. ET | March 31, 2015

After 34 years at Black Book, Ricky Beggs is retiring on April 1. That such a fixture of the used-car world would retire seems like an April Fools’ joke. But it’s not; he’s really retiring....
Read More »

Hyundai names sales veteran Schmid as No. 2 in Europe

March 31, 2015 11:21 CET

Hyundai has promoted Thomas Schmid to chief operating officer in Europe. He succeeds Allan Rushforth, who quit the automaker last October to become Nissan's global sales chief....
Read More »

The 26-year-old design prodigy behind Honda's new S660

11:00 am U.S. ET | March 31, 2015

Honda will soon learn whether giving a designer with no engineering experience five years to develop a sports car is pure genius or plain madness. Ryo Mukumoto was 22 and into his third year making mock-ups at Honda's research arm when he beat about 400 other entries in an in-house competition. Honda made him the youngest lead engineer in the company's history and gave him a young team to help translate his ideas into reality....
Read More »

Auto-parts exec Tilton, 'turnaround queen,' faces fraud charges

9:44 am U.S. ET | March 31, 2015

Federal regulators accused financier and auto-parts executive Lynn Tilton and her advisory business of defrauding investors by hiding poor performance of assets underlying three collateralized loan obligation funds....
Read More »

PSA CEO Tavares dampens talk of Fiat Chrysler merger

March 31, 2015 11:48 CET

PSA/Peugeot-Citroen will only be ready for a possible merger after it has completed its recovery plan, CEO Carlos Tavares told a newspaper, dampening speculation of a potential tie-up with Fiat Chrysler....
Read More »

Volvo plans $500 million U.S. assembly plant

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

Volvo will spend about $500 million to build its first assembly plant in the United States as part of an ambitious effort to jump-start lagging sales. The automaker is talking to three states on a possible location and plans to start production in 2018....
Read More »

Toyota CEO feared losing job over recalls; instead gained sense of purpose

8:21 am U.S. ET | March 30, 2015

In a rare moment of public reflection, Toyota CEO Akio Toyoda marked the company’s unintended-acceleration crisis as the turning point in his career, even as he fretted about being fired....
Read More »

VIDEO: UAW delegates voice frustrations

10:34 am U.S. ET | March 30, 2015

Reporter Dave Barkholz spoke with delegates at the 2015 UAW bargaining convention about the issues they are most passionate about....
Read More »

Caddy previews top-down strategy

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

Here's a question that will hang over Cadillac's unveiling of the CT6 sedan in New York this week: Why is a brand so badly in need of a sales boost fixated on all that low-volume sheet metal?...
Read More »

UAW delegates demand higher pay

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

To say the UAW rank and file's expectations for more pay are high would be an understatement. Delegates at last week's UAW bargaining convention, the unofficial opening of negotiations with the Detroit 3, demanded that the car companies return to workers what they sacrificed before and during the recession....
Read More »

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....
Read More »

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....
Read More »

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....
Read More »

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....
Read More »

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....
Read More »

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....
Read More »

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."...
Read More »

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....
Read More »

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....
Read More »

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....
Read More »

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....
Read More »

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....
Read More »

 
Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
Most Read