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Executives

Nissan board may fail to select new chairman on Monday, report says
Nissan Motor's board may fail to select a chairman to succeed Carlos Ghosn as had been planned on Monday after a panel tasked to choose a candidate was unable to agree on a nominee in a meeting held Thursday, the Nikkei reported. See Full Coverage >
  • France plans Renault CEO hunt as board frays over Ghosn, report says
    • Executives
    Chevrolet marketing chief Tim Mahoney to retire
    Mahoney came to General Motors nearly six years ago from Volkswagen after working for Porsche Cars North America and Subaru of America, where he spent most of his career. His retirement is effective March 1.
    Sales
    U.S. auto sales expected to dip in 2019, NADA says
    New vehicle sales in the United States are expected to drop next year as higher interest rates and rising prices prompt consumers to delay purchases, NADA officials predicted Thursday. The dealership trade group estimates sales of 16.8 million new light vehicles in 2019, marking the first time since 2014 that demand could fall below the 17-million mark.
    Politics
    Trump says GM shift to electric vehicles is 'not going to work'
    President Donald Trump said the decision of General Motors to shift much of its focus to electric vehicles will not succeed, and he asserted a new trade deal will make it harder for the company to move work to other countries.
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    Future Product
    Chevrolet's 2020 midengine Corvette delayed, report says
    GM's midengine 2020 Chevrolet Corvette will not be shown at the 2019 Detroit auto show next month, according to GM Authority, which cites anonymous sources at Chevrolet, because of electrical problems. The car's launch could be delayed by up to six months, the website said.
    Dealers
    Lincoln puts standalone store plans on hold to address dealer concerns
    Four months after announcing plans to encourage dozens of dealers to invest in standalone stores, Lincoln is temporarily postponing the program amid concerns expressed by some retailers.
    Manufacturing
    Ford says jobs at Mich. plant will be shifted, not cut
    The UAW is warning of as many as 230 layoffs at a Ford transmission plant in Michigan, though the company says workers will be offered jobs at another plant.
    Manufacturing
    Ford set to end production at Blanquefort in France
    Ford will end production at its Blanquefort plant in France by late August next year after rejecting a rescue deal for the factory, in a move which drew the ire of France's finance minister because of the risk of large-scale job losses.
    Labor
    UAW says it organized Flex-N-Gate plant in suburban Detroit
    The UAW said 309 workers at a Flex-N-Gate parts plant in suburban Detroit will be joining the union. The UAW has been working for nearly a decade to organize various Flex-N-Gate plants.
    PM NEWSCAST
    Lincoln delays standalone plan

    More in this newscast: 

    • Ford reassures Mich. workers   
    • Ghosn remains atop Renault
    • VW sells, recalls test cars


     
    See all PM Newscasts
    AM Newscast
    Nissan repatriating cash?

    More in this newscast:

    • Cars.com restructuring
    • Mid-engine Corvette delay?
    • Why suppliers are gloomy
    See all First Shift
    Retail Special Report
    Chinese dealers aim to learn from, invest in U.S. dealership groups
    Finance & Insurance Special Section
    Dealerships and their F&I departments make strides toward a culture rooted in ethics
    Real-world scenarios reinforce behavior
    It's not the money; it's how you make it
    Building a hiring plan around good behavior
    Is it fair to reward for doing the right thing?
    Blogs
    Jeep Wrangler awarded 1 star in Euro NCAP crash tests
    Manley learned a tough lesson from Sergio: Delegate
    5 things to know about the 2020 Lincoln Aviator
    Why dealers should keep credit unions close
    Automakers, listen to your captives

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    Fixed Ops Journal
    Customer reviews on social media can make or break a service department
    FTC orders dealership group to stop deceptive recall scheme
    3D printing technology shakes up parts production for automakers, suppliers
    Lexus' pledge should be every carmaker's and dealer's commitment
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    Cars & Concepts
    VW to keep Passat on old platform, update styling, tech for 2020
    Ford Ranger pickup rated at 23 mpg combined, best among gasoline-powered rivals
    A Jeep pickup doesn't happen very often, indeed
    Cadillac plans to unveil 3-row XT6 crossover in Detroit
    Nissan hatches plan to build Frontier-based pickup for Suzuki
    Access F&I
    Black Friday spurs short-term interest rate decline
    Interest rate hikes hurting car sales, Canadian economy
    Dealerships and their F&I departments make strides toward a culture rooted in ethics
    How F&I ethics have evolved
    Can Trump really take the credit?
    Weekend Drive
    Mitsubishi's Fred Diaz on dealer demands, incentives and Ram

    Mitsubishi Motors North America CEO Fred Diaz discusses retail strategy, alliance opportunities and 'lifelong' friends at Ram. Plus, why the e-Evolution concept is the 'prelude' to the company's future.
    See all Weekend Drive
    China
    EV gold rush lures hopefuls as Tesla looms

    The gold rush that is China’s electric-car market is getting its latest entrant as a slew of local manufacturers fight for a foothold ahead of Tesla Inc.’s planned offensive.
    Executives
    France plans Renault CEO hunt as board frays over Ghosn, report says

    The French government is seeking candidates to replace Renault's embattled boss Carlos Ghosn, sources told Reuters, as board members began to voice doubts about keeping him in office following his indictment in Japan for suspected misconduct.
    Suppliers
    Brembo exec explains why being small helps in fast-changing industry

    After the global financial crisis Italian supplier Brembo focused on its core brakes business. It sees its small size compared with giants such as Bosch and Continental as an advantage but is now looking to grow, Executive Deputy Chairman Matteo Tiraboschi said in an interview.
    Executives
    Ghosn's sister sued by Nissan for 'unjust enrichment'

    Nissan sued ousted chairman Carlos Ghosn's sister on Tuesday in a Rio de Janeiro court for "unjust enrichment," according to judicial records seen by Reuters.
    Executives
    Renault keeps Ghosn at helm after probe finds no wrongdoing

    An internal investigation by Renault found that CEO Carlos Ghosn’s compensation at the French carmaker was legal, leading the board to keep him at the helm despite facing charges in Japan for financial crimes.
    Manufacturing
    Fiat Chrysler may review $5.7B plan if Italy raises tax on cars

    Fiat Chrysler could review its $5.7 billion Italian investment plan, which includes a shift to cleaner engines, if Rome raises taxes on gasoline and diesel cars.
    Executives
    Ford names new product development chief in Europe

    Ford promoted global programs director Joerg Bayer to head of product development in Europe as part of upcoming changes designed to return the region to profitability.
    Engineering
    BMW, Porsche boast three-minute charging jolt for EVs

    BMW and Porsche unveiled a charging station that can jolt EVs in less than three minutes with enough power to drive 62 miles -- pushing ahead of Tesla in the race to make battery-powered cars more convenient.
    Regulation & Safety
    Toyota advances plans to replace Takata airbags in 65,000 vehicles

    Toyota said it is advancing by a year plans to replace Takata airbags in about 65,000 Toyota and Lexus vehicles in the United States it had previously replaced.
    Regulation & Safety
    Key U.S. senator calls self-driving legislation a 'long shot'

    A landmark U.S. bill that would speed adoption of self-driving cars is now "a long shot" to pass before the current Congress adjourns in the coming weeks, a key Republican senator behind the legislation said.
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