Executives

Citroen DS upscale line off to a slow start as a stand-alone brand

July 25, 2014 06:01 CET
Vehicle sales at Citroen's upscale DS line, which became a stand-alone brand on June 1, fell during the first half, hit by an aging product lineup and tougher competition from refreshed rivals such as Mini....
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Valeo raises 2014 profit forecast

July 25, 2014 06:01 CET
French car parts supplier Valeo has raised its full-year earnings forecast following a 21 percent rise in first-half profit, due mainly to overseas expansion and increased demand for fuel-saving technologies....
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Bentley may add a fifth model after SUV launch

9:51 am U.S. ET | July 24, 2014
Bentley may add a fifth model to its lineup after it launches an SUV in 2016, CEO Wolfgang Duerheimer said. The new model could be a two-seat sports car or a larger model slotted between the Continental GT coupe and Mulsanne sedan....
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Bentley may add a 5th model after SUV launch

July 24, 2014 15:51 CET
Bentley may add a fifth model to its lineup after it launches an SUV in 2016, CEO Wolfgang Duerheimer said. The new model could be a two-seat sports car or a larger model slotted between the Continental GT coupe and Mulsanne sedan....
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GM's quarterly profit plunges on recall costs

7:36 am U.S. ET | July 24, 2014
The heavy cost of General Motors' unprecedented slew of safety recalls during the second quarter wiped out most of its profits, erasing the fruits of strong truck pricing in North America and sales growth in China....
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Bentley CEO rolls back 'aggressive' sales forecasts

July 24, 2014 13:12 CET
Bentley expects 2014 deliveries to be lower than previously forecast as the carmaker is hit by the crisis in Ukraine and Russia and struggles to maintain high sales growth in China....
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Ford posts European profit in second quarter

July 24, 2014 12:40 CET
Ford posted a second-quarter pre-tax profit of $2.6 billion, boosted by its first quarterly profit in Europe in three years and record quarterly earnings in North America....
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Fiat investors urged to vote against Chrysler merger

2:59 pm U.S. ET | July 23, 2014
Proxy advisor ISS has recommended that Fiat investors vote against a cross-border merger of the Italian carmaker and its U.S. unit Chrysler at a meeting on Aug. 1, saying it would reduce shareholder rights....
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GM sales surge despite recalls as Barra proves quality sells

9:10 am U.S. ET | July 23, 2014
General Motors' Mary Barra is projected to report her second straight quarter of rising sales, adding to evidence that the CEO is weathering the biggest wave of recalls in automotive history. Second-quarter revenue may rise 2.7 percent, the average of estimates compiled by Bloomberg....
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Lithia Q2 profits hit record highs

8:39 am U.S. ET | July 23, 2014
Lithia Motors today reported the highest adjusted quarterly net income in the company's history -- a 29 percent surge to $35 million -- on higher revenues and cost controls....
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Federal-Mogul posts $5 million net loss in Q2 as revenue rises

3:34 pm U.S. ET | July 23, 2014
Auto supplier Federal-Mogul today reported a $5 million net loss after factoring in one-time charges, along with a $128 million revenue gain for the second quarter. The company, controlled by longtime Wall Street investor Carl Icahn, had one-time restructuring and impairment charges of $32 million and posted a $3 million loss from continuing operations....
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Marchionne says Fiat Chrysler tie-up with VW was never on agenda

July 23, 2014 12:27 CET
Fiat Chrysler CEO Sergio Marchionne quashed all speculation of a possible tie-up with Volkswagen, saying the idea had never been on the agenda....
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Bentley names VW veteran as human resources chief

July 23, 2014 06:01 CET
Bentley named VW Group executive Marlies Rogait as its new head of human resources....
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Nissan pledges to keep it quirky after cutting Cube

6:35 am U.S. ET | July 23, 2014
Nissan pledges to add an “iconic” design to keep its lineup quirky after cutting two of the brand's most polarizing nameplates, the Cube and Murano CrossCabriolet....
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Ford taps top engineer to lead Lincoln

11:52 am U.S. ET | July 22, 2014
In his first round of major personnel moves as Ford CEO, Mark Fields appointed the company's top engineer to lead Lincoln worldwide, replacing Jim Farley. Kumar Galhotra, 48, vice president of engineering since August 2013, will become president of Lincoln on Sept. 1, reporting directly to Fields....
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Lockheed exec Washington succeeds Mascarenas as Ford's chief technical officer

1:10 pm U.S. ET | July 22, 2014
Ford has hired Lockheed executive Ken Washington as chief technical officer and vice president of research and advanced engineering, effective August 18, in a series of changes to the company's leadership team. He succeeds Paul Mascarenas, 53, who will retire after 32 years at Ford, effective October 1....
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VW CEO to address workers about billions in planned cost cuts

1:49 pm U.S. ET | July 22, 2014
Volkswagen's CEO will address thousands of workers at its biggest plant on Wednesday as he attempts to win their support for cost cuts at the carmaker's core VW brand....
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Former Ford digital exec Monty joins PR and social media firm

9:16 am U.S. ET | July 22, 2014
Scott Monty, Ford's former social media chief who left the automaker two months ago, is joining Shift Communications, a public relations and social media agency with offices in Boston, San Francisco and New York....
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Opel/Vauxhall to woo budget clients with low-end cars, report says

July 22, 2014 09:09 CET
Opel plans to build a range of entry-level cars to recapture the type of budget customers who in the past bought Chevrolets, a report said....
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AutoNation preps for online sales

12:01 am U.S. ET | July 21, 2014
By Christmas, AutoNation Inc. customers will be able to initiate a vehicle purchase online....
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BRADFORD WERNLE

Gobsmacked by Nick Scheele's kindness

5:34 pm U.S. ET | July 21, 2014
I'll never forget the day Nick Scheele helped me clean the fresh paint off my suit....
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Tesla idles California plant to retool for electric SUVs

3:37 pm U.S. ET | July 21, 2014
Tesla Motors today halted production at its sole assembly plant for the first time for a revamp the company said is necessary to speed Model S output and prepare it to make electric crossovers....
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Group 1 acquires Munday dealerships in Houston

3:59 pm U.S. ET | July 21, 2014
Group 1 Automotive, the third-largest auto dealer group based in the United States, has acquired Houston dealerships Munday Chevrolet and Munday Mazda, the company said today....
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THE SUPPLIER SPEAKS

American Axle's push to diversify drives growth

12:01 am U.S. ET | July 21, 2014
CEO David Dauch continues his father's quest to diversify American Axle & Manufacturing Inc....
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Toyota defends U.S. Hispanic market lead as segment grows

9:41 am U.S. ET | July 21, 2014
Toyota plans to remain the top-selling auto brand among Hispanic customers in the United States as competing automakers boost efforts to win a bigger share of business from the nation’s largest ethnic minority group....
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Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
» Watch the Video
     
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