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May
22nd

Fields to retire as Ford CEO in management shake-up; ex-Steelcase chief Jim Hackett named new CEO

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Ford, in a broad management shake-up, named Jim Hackett, former CEO of Steelcase, as its new CEO, replacing Mark Fields, who is stepping down amid pressure from shareholders over a slumping stock price.
May
22nd

Amid good times, Ford braces for bad ones

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Ford and GM are making recession-style staff cuts even as sales and profits remain relatively strong.
May
22nd

What’s the succession plan at AutoNation?

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A series of high-level executive departures at AutoNation -- highlighted by COO Bill Berman's abrupt departure last week -- has raised questions about the succession plan for CEO Mike Jackson, 68.
May
22nd

Nissan execs hint at upcoming EV crossover

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Nissan is working on a concept vehicle that will showcase its ideas for intelligent mobility and foreshadow an all-electric crossover.
May
22nd

Trade officials seek end to border hassles

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North American trade officials say synchronizing regulations and improving infrastructure at ports of entry are as important as trade agreements. The goal is the free movement of cross-border goods.
May
22nd

Lexus patient with fixed-price program

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A year into the Lexus Plus no-haggle pricing program, the expected waves of dealers joining are only ripples. But brand executives say a slow and steady pace has its benefits.
May
22nd

India exit puts GM in ‘right markets’

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GM CEO Mary Barra signaled that GM isn't planning any more major reductions to its geographic profile. Still, she said the company would aggressively pare costs everywhere it can.
May
22nd

Mark Reuss, in the ‘knothole’

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As much as Mark Reuss, a licensed road racer who created General Motors' Performance Division, relishes the fast lane, his appreciation for the carpool lane also runs deep.
May
22nd

FCA’s Ralph Gilles unleashing his ‘inner racer’

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There's no disputing it -- Ralph Gilles is one of the coolest guys in the auto industry. But when does Fiat Chrysler Auto-mobiles' global head of design achieve peak cool?
May
22nd

How Toyota transforms America’s best-selling car to compete for other titles

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Turning the latest generation of the production Camry into the NASCAR racing version required even more than the usual feats of styling and engineering that went into past transformations.
May
22nd

Ford is firing CEO Mark Fields, naming former Steelcase chief Jim Hackett to take over, Forbes reports

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Ford will fire CEO Mark Fields and replace him with James Hackett, head of the automaker's Smart Mobility arm, according to a report by Forbes late Sunday. An announcement will be made Monday, a source close to the situation told Forbes.
May
22nd

Penske, Crain and the obsession that unites them

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As a young man, Penske did well enough to be named Driver of the Year by Sports Illustrated in 1961. But Penske soon would make a decision that would change his life.
May
21st

Renault, PSA commit to raise orders from troubled supplier

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Renault and PSA Group have committed to increasing their orders from ailing components-maker GMandS Industry after their CEOs spoke with French Economy Minister Bruno Le Maire, his ministry said.
May
21st

Driverless cars will redefine racing

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In the early days of racing, it was questionable if a car could even cross the finish line. Vehicle engineering was still a new science, and completing a race in one piece was half the battle.
May
21st

Akio Toyoda is both master driver and late bloomer

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Akio Toyoda not only runs Toyota Motor Corp. but is its master driver, the final arbiter of what makes a Lexus a Lexus and a Toyota a Toyota.
May
21st

Why tiny Mazda rules amateur racing

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Mazda's footprint in the auto industry is tiny. But its reach in the world of club and amateur racing is unparalleled.
May
20th

Audi reaches agreement resolving dispute with dealers in China

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Audi and its dealers in China have reached an agreement on how cars produced with SAIC Motor will be sold in the country. Audi's sales plunged after the dispute with dealers broke out.
May
20th

U.S. regulators open probe into timing of Hyundai, Kia recalls

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NHTSA could impose steep fines if it determines the nearly 1.7 million recalls for engine defects -- prompted by concerns raised by a South Korean whistleblower -- were not conducted in a timely manner and whether they covered enough vehicles.
May
20th

Carlos Tavares stays on track

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For PSA CEO Carlos Tavares, racing is perhaps more natural than running a global car company with annual revenues of $59 billion.
May
20th

The metamorphosis of C.J. Wilson

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There's retiring, and then there's retiring at age 35 with millions of dollars in the bank and a passion for racing, owning and selling some of the world's most pedigreed car brands.
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