GM's Q3 operating profit jumps 37% to $3.1 billion on truck gains

7:45 am U.S. ET | Oct. 21, 2015

General Motors' surging truck sales delivered heavy-duty profits during the third quarter, leading the automaker to its best financial performance since before its 2009 bankruptcy....
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Daimler N.A. to move headquarters, 30 jobs to Mich., governor says

3:26 pm U.S. ET | Sept. 16, 2015

Daimler AG's North American holding company plans to move its headquarters and 30 administrative jobs to Michigan, Gov. Rick Snyder said today. Snyder announced the investment from the Frankfurt auto show, where he is wrapping up the second leg of an automotive-centric trade mission that started in Japan....
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BLOG: Tesla strikes while the iron's hot

1:11 pm U.S. ET | Aug. 13, 2015

At certain points in their lives, even obsessive billionaires like Elon Musk must come to terms with the fact that some things are beyond their control....
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Nexteer, TI Automotive plan new home offices in suburban Detroit

6:34 am U.S. ET | Aug. 6, 2015

Nexteer Automotive said it would locate its new headquarters north of Detroit in Auburn Hills, Mich., by next summer. TI Automotive also said it would lease and build out a new facility in the Detroit suburb...
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Toyota's own glass house

12:01 am U.S. ET | June 29, 2015

Toyota last week unveiled architectural renderings of its new North American headquarters campus in Plano, Texas, which will house some 4,000 employees from divisions now scattered among operations in California, Kentucky and New York....
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Toyota shows off renderings of new Texas headquarters

11:45 am U.S. ET | June 24, 2015

Toyota's North American arm took another step in its migration to Plano,Texas, today, unveiling architectural renderings of a headquarters campus that will house some 4,000 employees and consolidate divisions now scattered among sites in California, Kentucky and New York....
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Lotus Evora returns to U.S. at year's end; U.S. HQ moving to Mich.

2:17 pm U.S. ET | June 24, 2015

Lotus said today that it will launch a fully compliant Evora coupe at the end of the year in the U.S. The company also announced plans to move its U.S. headquarters from Georgia to Michigan....
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Ford must invest $3.1 billion more in Michigan for maximum tax credits

1:14 pm U.S. ET | June 9, 2015

Ford Motor would need to invest an additional $3.1 billion in Michigan before 2025 to be eligible for the maximum allowed state tax credits under a revised agreement, Michigan Gov. Rick Snyder said in a statement....
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Ford draws up plans to modernize research, engineering hub

2:15 pm U.S. ET | June 7, 2015

Ford is embarking on a 10-year plan to modernize its research and engineering hub in Dearborn and consolidate the majority of its 26,000 local employees there in reconfigured and updated office and testing space....
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Federal-Mogul expands powertrain division

11:56 am U.S. ET | June 3, 2015

Federal-Mogul Holdings, the supplier controlled by Wall Street investor Carl Icahn, is moving 140 employees from three operations in Ohio and Michigan to the Detroit suburb of Plymouth Township as part of an expansion of its powertrain division....
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Toyota's HQ plans find good company in Texas

12:01 am U.S. ET | May 16, 2015

Toyota's giant 2.1-million-square-foot headquarters will be a big presence in the increasingly crowded Plano, Texas, neighborhood known as Legacy West. Across the street, the new headquarters for FedEx Office are nearly complete. Other neighbors include Frito-Lay, Pizza Hut and J.C. Penney....
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Visteon sued by township over bond payments

4:29 pm U.S. ET | May 12, 2015

Supplier Visteon has been sued by the township where it is based in a dispute over payments on bonds used originally to finance construction of Visteon's headquarters complex....
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Superior relocates HQ from Calif. to Detroit

12:15 pm U.S. ET | May 8, 2015

Superior Industries International, a longtime aluminum wheel manufacturer led by former Visteon CEO Don Stebbins, is relocating its global headquarters from California to suburban Detroit....
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Visteon posts Q1 sales bump after acquisition

10:54 am U.S. ET | May 7, 2015

Visteon today reported strong first-quarter profits and sales thanks in large part to its 2014 acquisition of Johnson Controls' global electronics business....
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Mercedes will shed bulk of HQ staff in move

12:01 am U.S. ET | April 6, 2015

Only about 180 of Mercedes-Benz USA's 1,053 employees are likely to move to Atlanta this summer, CEO Steve Cannon says. That's because not all of Mercedes' employees will be affected initially by the move....
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Fiat Chrysler's U.S. operating profits rise in Q4

11:30 am U.S. ET | Feb. 3, 2015

Fiat Chrysler Automobiles' US subsidiary reported its fourth-quarter earnings excluding special items rose 1.5 percent to $669 million. For the year, FCA US reported a 31 percent gain on the same basis to $2.4 billion, as continued sales growth offset one-time charges related to its merger a year earlier....
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Ford's 2014 profit fell 56 percent amid new-product blitz

7:00 am U.S. ET | Jan. 29, 2015

Ford posted a drop in fourth-quarter profit and said earnings fell 56 percent in 2014 as it introduced 24 vehicles worldwide while US market share declined. CFO Bob Shanks predicted "a lot of strong growth numbers from Ford in 2015."...
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Mercedes 'will lose talent' in move

12:01 am U.S. ET | Jan. 19, 2015

Steve Cannon, CEO of Mercedes-Benz USA, says only about 40 percent of its 1,053 employees are likely to move when the U.S. headquarters moves from New Jersey to Atlanta. Mercedes has made offers to the employees it wants to keep....
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An unwise move for Mercedes

12:01 am U.S. ET | Jan. 19, 2015

Yes, the Northeastern United States is more costly for business because of a higher standard of living and more choices that allow corporations to be global and be near the world center for commerce, New York City. But why Atlanta?...
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M-B joins the club, will move U.S. HQ

12:01 am U.S. ET | Jan. 12, 2015

The automaker headquarters migration continued last week as Mercedes-Benz USA said it will leave Montvale, N.J., for Atlanta. Mercedes follows Nissan and Toyota in the move away from import companies' traditional coastal quarters -- and runs counter to Cadillac's exit from Detroit to soak up the Manhattan glitz....
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Hyundai Motor Group plans to invest $73 billion by 2018

6:38 am U.S. ET | Jan. 7, 2015

South Korea's Hyundai Motor Group, the world's fifth-largest automaker, said it would spend $73 billion over four years on expanding capacity, building a new headquarters and developing new vehicles....
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PSA will move out of Paris headquarters

Jan. 7, 2015 14:26 CET

PSA will move out of its Paris headquarters in 2017 to a location in the city's suburbs as part of a cost-cutting drive under its new part-Chinese ownership structure....
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Fiat Chrysler says it has no plan to move Ferrari's tax base from Italy

Dec. 11, 2014 16:07 CET

Fiat Chrysler Automobiles denied a report that it is considering moving the tax residence of its Ferrari supercar unit outside Italy. The possibility of the move to save on corporate taxes caused an outcry in its home country....
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Subaru plans new HQ in N.J. twice the size of its current one

1:00 pm U.S. ET | Dec. 5, 2014

Fast-growing Subaru of America plans to expand its US headquarters by moving to a campus double the size of the current site. The new development, about 4 miles from the current headquarters in New Jersey, will house more than 500 employees and contractors in the sales, marketing, service and administration departments, a statement said today....
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GM's Barra: Tapping into ideas from Silicon Valley

GM's Barra: Tapping into ideas from Silicon Valley

General Motors CEO Mary Barra comments on lessons from mom; girls who shy away from math; slicing a 10-page policy down to two words; tapping millennials to erase stupid habits; taking regular trips to Silicon...
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