VW Group CEO Matthias Mueller said some managers are resisting the automaker's push for a new era of accountability after its emissions fraud. "There are definitely people who are longing for the old centralistic leadership," Mueller said.
VW Group CEO Matthias Mueller said some managers are resisting the automaker's push for a new era of accountability after its emissions fraud. "There are definitely people who are longing for the old centralistic leadership," Mueller said.
Subaru is considering electric versions of its existing models under the automaker's first foray into the technology, as it joins peers around the world in pouring cash into battery-powered vehicles amid tightening emissions rules.
As it goes to an all-electric strategy, Smart USA is dropping the price of its redesigned 2017 Smart Electric Drive coupe by $1,200 when it goes on sale this summer.
The immediate impact on dealership buy-sell activity from Ford's executive shakeup is likely negligible, buy-sell advisors say, but the long-term impact could be problematic.
Mark Fields' hefty profits at Ford Motor Co. weren't enough to keep him in the CEO chair.
In the mid-1990s, I profiled Jim Hackett, now Ford's new CEO, as a "different kind" of CEO at Steelcase. Indeed he was.
Marcy Klevorn was named executive vice president and president of mobility for the automaker, filling in for James Hackett who just became CEO.
Despite financial success, a lack of clarity about Ford's future, inability to inspire confidence in workers and indifference on Wall Street doomed Fields less than three years into his tenure.
Toyota Research Institute said it has teamed up with MIT Media lab and five other companies to explore blockchain technology for the development of driverless cars.
News that Mark Fields is out at Ford left surprised dealers with a common reaction. They want to know, 'Who is Jim Hackett?'
Unifor President Jerry Dias said he is not concerned about potential job cuts under new Ford CEO Jim Hackett, who oversaw about 12,000 layoffs during his tenure as the head of Steelcase Inc.
Joe Hinrichs, 50, head of the Americas for Ford, was named executive vice president and president, Global Operations.
The circumstances leading to the departures of Jacques Nasser and Mark Fields aren't exactly the same, but the execs' goals had some common threads.
BorgWarner said it had started production of a new dual clutch module family to be used in the latest transmission from ZF.
BMW expects its research and development budget, when measured as a percentage of sales, to rise in 2018, its CFO has told a German newspaper.
After a highly successful two years as head of Ford's European operations, Jim Farley moves back to the automaker's U.S. headquarters with a massively expanded set of responsibilities.
Renault and Peugeot reportedly have committed to increasing their orders from ailing components-maker GM&S Industry after their chief executives spoke with economy minister Bruno Le Maire, his ministry said on Sunday.
The first of Toyota's new Lexus LC luxury coupes for UK and Europe export went into production today (22 May) on an exclusive new assembly line in Japan.
News
22 May, 2017
Less than half of drivers are aware of where to pull over safely when driving on a 'smart' motorway
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