Executives

Mr. Cub made history in the car business, too

12:01 am U.S. ET | Feb. 1, 2015
Here's a largely forgotten fact about Chicago Cubs legend Ernie Banks, who died Jan. 23 at 83: He was a Ford dealer from 1967-71....
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Spyker wins appeal against bankruptcy

Jan. 31, 2015 11:59 CET
Dutch supercar maker Spyker won its appeal against being placed in bankruptcy. Spyker CEO Victor Muller now plans to push ahead with development of the B6 Venator entry-level luxury sports car, and to merge with a U.S.-based electric aircraft manufacturer....
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Nissan vehicles to use common visible parts

12:01 am U.S. ET | Jan. 31, 2015
Nissan's modular platform saves money by using common components. But owners rarely notice; most of the shared parts are unseen under the hood....
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Fiat Chrysler to abandon sub-$25,000 minivans

12:01 am U.S. ET | Jan. 31, 2015
Fiat Chrysler plans to abandon the bottom end of its minivan lineup next year as the redesigned 2017 Chrysler Town & Country replaces the existing model and the Dodge Grand Caravan....
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Honda cuts profit target as Takata airbag recalls bite

2:52 am U.S. ET | Jan. 30, 2015
Honda sliced 6.5 percent off its core annual profit forecast as it set aside hundreds of millions of dollars in extra cash to cover an extended car recall to replace potentially faulty airbags made by Takata. Honda also said third-quarter earnings fell 23 percent as it soaked up recall costs....
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THE GM RECALL

GM ignition-switch victims accepting offers, Feinberg says

4:00 pm U.S. ET | Jan. 30, 2015
General Motors' compensation program for victims of ignition-switch accidents is meeting its goal of sidelining many potential lawsuits, according to the lawyer handling the payments....
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Audi could hit 2 million sales goal ahead of 2020

Jan. 30, 2015 15:43 CET
Audi could reach its goal of 2 million sales a year before its 2020 target, helped by models such as the A4 sedan, the flagship Q7 SUV and the R8 sports car, CEO Rupert Stadler said....
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CHRISTIAAN HETZNER

German auto industry feels ripples from Paris terror attacks

5:53 am U.S. ET | Jan. 30, 2015
The January killings of journalists at satirical magazine Charlie Hebdo in Paris have brought home to Germany the difficult issue of Jihadi attacks, with the debate now reaching the economic pride of the country, its carmakers....
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ANE's February e-magazine goes live Monday

Jan. 30, 2015 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Feb. 2. This month's edition looks at Europe's big 2014 sales winners and explains why 2015 is off to a positive start....
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VW could beat 5 million euro savings goal, exec says

Jan. 29, 2015 16:09 CET
VW Group ought to be able to cut costs at its passenger-car brand by "substantially more" than the 5 billion euros ($5.7 billion) planned by the carmaker's top management, VW works council chief Bernd Osterloh said....
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Bollore eyes Los Angeles in car-sharing expansion

Jan. 29, 2015 11:45 CET
Vincent Bollore is targeting Los Angeles and Singapore as the next markets for his electric-car sharing service after its debuts later this year in London and Indianapolis.The French car-sharing service currently has about 70,000 subscribers in Paris....
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Marchionne has FCA on fast track to profit in Europe

Jan. 28, 2015 16:28 CET
Fiat Chrysler Automobiles will be profitable in Europe a year earlier than expected, CEO Sergio Marchionne said. Previously, Marchionne said the automaker's regional operations in Europe, Middle East and Africa (EMEA) would break even this year and turn a profit in 2016....
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Auto bosses say billions in savings at stake if EU-U.S. trade deal fails

Jan. 28, 2015 19:41 CET
The CEOs of Germany's top auto companies said Wednesday that they could save roughly 5 billion euros in annual costs if the European and U.S. governments can agree on a landmark free trade deal....
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Bentley names industry veteran Winkler to head Americas unit

4:01 pm U.S. ET | Jan. 28, 2015
Bentley said it appointed Michael Winkler as president and CEO of Bentley Motors in the Americas, replacing Christophe Georges, who will become director of product and marketing for Bentley’s global organization....
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Oil-price drop may threaten to undercut Obama's clean-energy legacy

7:27 am U.S. ET | Jan. 28, 2015
Last year's 33 percent drop in gasoline prices already has automakers laying the groundwork to challenge more stringent fuel economy targets for new cars....
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Cost-cutting VW baffles experts with Phaeton plans

Jan. 28, 2015 10:05 CET
With VW having embarked on a big cost-cutting drive, industry experts are baffled why the "people's car" maker plans to spend millions of euros upgrading the money-losing Phaeton premium sedan. Analysts say the costly car should be axed....
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CHRISTIAAN HETZNER

Zetsche done taking beating for Daimler double duty

12:01 am U.S. ET | Jan. 28, 2015
Dieter Zetsche has been the whipping boy of the German premium auto industry for years, but that should soon change....
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RICHARD TRUETT

Can Dodge rebuild Pontiac excitement?

11:00 am U.S. ET | Jan. 27, 2015
General Motors has no plans to revive Pontiac, Hummer and Saturn, CEO Mary Barra says. So where do longtime Pontiac and Hummer buyers go if they are in the market?...
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TI Automotive to be acquired by Bain for $2.4 billion, report says

8:36 am U.S. ET | Jan. 27, 2015
Global fuel systems supplier TI Automotive, after months of wrangling and speculation, said today it has agreed to be acquired by private equity firm Bain Capital LLC. The deal is valued at $2.4 billion, sources told Bloomberg....
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Zetsche, other top auto chiefs to lobby for EU-U.S. trade deal

Jan. 27, 2015 21:06 CET
Daimler CEO Dieter Zetsche, Volkswagen boss Martin Winterkorn and other captains of Germany's automotive industry have gathered in Berlin today to try to rally support for a transatlantic free trade deal that faces potential collapse....
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Aston Martin gets cash backing to overhaul lineup

Jan. 27, 2015 13:06 CET
Aston Martin's main financial backer has pledged to provide cash for a refreshed model lineup that the supercar maker plans to reveal at the Geneva auto show in March. "If Aston needs capital, we're there," Investindustrial Chairman Andrea Bonomi said....
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TrueCar: App can 'hypertarget' consumers

12:01 am U.S. ET | Jan. 26, 2015
Online car-buying service TrueCar said the mobile app it will release this year will enable dealers and automakers to collect an unprecedented amount of information on customers....
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THE CAT COMES BACK

Jaguar expects record rewards from huge investments in products and plants

12:01 am U.S. ET | Jan. 26, 2015
Jaguar appears poised to have a record 2015 and to keep increasing global sales to well more than 200,000 this decade as a massive investment in products, plants and underpinnings starts to pay dividends, executives and analysts say....
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Soros is ready to move on auto dealerships

3:40 pm U.S. ET | Jan. 26, 2015
Wall Street powerhouse Soros Fund Management is ready to move on a deal to acquire auto dealerships, a representative of the fund said at a private dinner Saturday in San Francisco, according to two sources who attended the event. Soros is prepared to invest as much as $1 billion on dealerships, one of the sources said....
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GM’s confirmed ignition deaths hit 50 as claims deadline nears

1:14 pm U.S. ET | Jan. 26, 2015
Confirmed deaths tied to General Motors' defective ignition switches stand at 50, four times GM’s estimate through much of 2014, as a deadline nears Saturday for sending in claims....
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