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Oct
1st

Alabama plant veterans Ola Källenius, Markus Schäfer take over at Daimler

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In one of the smoothest transitions in Daimler's modern history, Ola Källenius, head of group research and Mercedes-Benz Cars development, was picked to replace veteran Dieter Zetsche as CEO following the annual general meeting on May 22.
Oct
1st

Reagor Dykes collapse burns customers, creditors

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Customers aren't getting their car and truck titles, creditors say vehicles are missing, and lawsuits allege multimillion-dollar check-kiting schemes in the wake of Reagor Dykes Auto Group's bankruptcy.
Oct
1st

Little chance for Nissan Terra SUV in U.S.

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Creators of the Nissan Terra are throwing cold water on any notion the body-on-frame SUV might someday land in the U.S. as a successor to the popular Xterra.
Oct
1st

What’s behind Hackett’s new strategy at Ford?

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There is mounting impatience with $9 shares and the vague vision that CEO Jim Hackett has articulated in his first 16 months, but he rejects concerns that Ford isn't moving fast enough.
Oct
1st

New leadership pair will continue to expand EchoPark used-car stores

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Sonic's new CEO David Smith says he is committed to the retailer's strategy of growing its EchoPark brand of used-only stores.
Oct
1st

The ‘dark side’ of Elon Musk’s itchy Twitter finger

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Elon Musk has a history of announcing important decisions about Tesla via Twitter without consulting the company's board or high-level executives, one former senior executive told Automotive News.
Oct
1st

Aston Martin predicts DBX SUV will become its best-selling vehicle

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Aston Martin Lagonda predicts in its initial public offering prospectus that the DBX crossover will become the best-selling Aston after its launch next year.
Oct
1st

DealerSocket CEO Sejal Pietrzak pushes new image in shift to online retailing

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DealerSocket's Precise Price tool allows consumers to structure deals online before coming into dealerships to close.
Sep
30th

U.S., Canada reach framework deal to replace NAFTA

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The new deal -- to be called the United States-Mexico-Canada Agreement -- was reached Sunday and would protect Canada from possible American light-vehicle tariffs, strengthen intellectual property provisions and tighten rules of origin for auto...
Sep
30th

Musk’s volunteer army out in force at buzzing Tesla outlets

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Tesla counted down to the final hours of the quarter ending at midnight Sunday and tallied the number of EVs it could churn out and deliver to customers -- a key metric to be scrutinized by investors and analysts.
Sep
30th

Tesla ‘very close’ to profitability, Musk declares in staff note

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Elon Musk told Tesla employees that the company was on the cusp of making money, hours after he and the carmaker reached a settlement with the U.S. that steps up oversight of the CEO's communications of material information.
Sep
30th

SEC forces Tesla board into overdue moves to dampen Musk’s dominance

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A run-in with the SEC may prove to be the recipe for reform that corporate governance experts have said Tesla's board needed years ago.
Sep
30th

Proposed U.S,-Mexico trade deal won’t hurt Toyota

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Toyota's North American purchasing chief says the company can work with proposed changes to NAFTA.
Sep
30th

Cadillac still sorting out details of HQ move

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A GM spokesman said the company is "working on a plan" for the 110 or so employees in the New York location.
Sep
29th

U.S., Canada said to be close to reaching NAFTA deal

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The U.S. and Canada engaged in last-minute negotiations to update NAFTA by Sunday's deadline, though sticking points remain that could leave Ottawa out of the trade bloc.
Sep
29th

U.S., Canada said to be close to reaching NAFTA deal this weekend

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United States and Canadian negotiators are close to a deal on NAFTA and there's optimism it will be reached by the Sunday deadline, people familiar with the talks told Bloomberg.
Sep
29th

Musk to resign as Tesla chairman but remain CEO under SEC settlement

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Tesla and CEO Elon Musk greed to pay $20 million each under a settlement with the SEC that will also see the billionaire and company co-founder step down as chairman after a tumultuous two months for the EV maker.
Sep
29th

Musk to resign as Tesla chairman but remain CEO under SEC settlement

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Tesla and CEO Elon Musk greed to pay $20 million each under a settlement with the SEC that will also see the billionaire and company co-founder step down as chairman after a tumultuous two months for the EV maker.
Sep
29th

Tesla’s Musk to resign as chairman but remain CEO in settlement with SEC

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Tesla and CEO Elon Musk greed to pay $20 million each under a settlement with the SEC that will also see the billionaire and company co-founder step down as chairman after a tumultuous two months for the EV maker.
Sep
29th

Toyota says no-deal Brexit could temporarily shut UK factory

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Toyota anticipates halting production at its UK factory if Britain leaves the European Union without a trade deal, the plant's managing director, Marvin Cooke, said.
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