Tuesday, December 31, 2019

Speculation rampant on how Ghosn escaped

There are unconfirmed reports and theories of how Ghosn, now an international fugitive, pulled off an escape befitting a Hollywood thriller -- one that will be very hard for Japanese authorities to live down.

https://www.autonews.com/executives/speculation-rampant-how-ghosn-escaped http://ifttt.com/images/no_image_card.png

Ghosn?s escape puts France in bind with Nissan alliance at stake

If Ghosn ends up in Paris, that would complicate the relationship between France and Japan at a moment when French President Emmanuel Macron is trying to shore up the Renault-Nissan auto alliance.

https://www.autonews.com/executives/ghosns-escape-puts-france-bind-nissan-alliance-stake http://ifttt.com/images/no_image_card.png

Ghosn lawyer ?surprised? and ?perplexed? by sudden flight to Lebanon

Attorney Junichiro Hironaka told reporters on Tuesday that he was holding his client's passports under the conditions of his bail and would never secretly hand them over.

https://www.autonews.com/executives/ghosn-lawyer-surprised-and-perplexed-sudden-flight-lebanon http://ifttt.com/images/no_image_card.png

Ford says reservations full for high-end version of electric Mustang Mach-E

http://feeds.feedburner.com/~ff/autonews/BreakingNews?d=yIl2AUoC8zA

Ford did not provide details on how many reservations it took for the First Edition, which will sell for about $60,000, but has said global production in the first 12 months for all versions of the Mach-E is limited to 50,000 vehicles.

https://www.autonews.com/retail/ford-says-reservations-full-high-end-version-electric-mustang-mach-e

Monday, December 30, 2019

Indicted ex-Nissan boss Carlos Ghosn leaves Japan for Lebanon

Ghosn was awaiting trial in Japan under strict bail conditions, which included a prohibition on leaving the country. In a statement, the former chairman said he was not fleeing justice but rather escaping injustice and political persecution.

https://www.autonews.com/executives/indicted-ex-nissan-boss-carlos-ghosn-leaves-japan-lebanon http://ifttt.com/images/no_image_card.png

Indicted former Nissan boss Carlos Ghosn leaves Japan for Lebanon

Ghosn was awaiting trial in Japan under strict bail conditions, which included a prohibition on leaving the country. It was unclear when or how Ghosn left Japan.

https://www.autonews.com/executives/indicted-former-nissan-boss-carlos-ghosn-leaves-japan-lebanon http://ifttt.com/images/no_image_card.png

We said goodbye to ...

Among the notable deaths were some of the biggest names in the history of the industry.

https://www.autonews.com/executives/we-said-goodbye http://ifttt.com/images/no_image_card.png

2019 Lists of 10: Hellos

We saw some newcomers and witnessed some comebacks.

https://www.autonews.com/executives/2019-lists-10-hellos http://ifttt.com/images/no_image_card.png

Sunday, December 29, 2019

Photos of the year: People

Roger Penske had the photo op of a lifetime, while we went to the archives in remembering Lee Iacocca and Ferdinand Piech.

https://www.autonews.com/executives/photos-year-people http://ifttt.com/images/no_image_card.png

2019 Lists of 10: Departures

From top company and union leaders to discontinued brands and nameplates, the auto industry saw its fair share of high-visibility departures in 2019. 

https://www.autonews.com/executives/2019-lists-10-departures http://ifttt.com/images/no_image_card.png

2019 Photos of the year: People

Roger Penske received the Presidential Medal of Freedom in 2019, and we remembered giants Lee Iacocca and Ferdinand Piech. On the other side of the coin, UAW leaders found themselves the target of federal investigations.

https://www.autonews.com/executives/2019-photos-year-people http://ifttt.com/images/no_image_card.png

Friday, December 27, 2019

Nissan picks Hideyuki Sakamoto as board candidate after Seki's resignation

Sakamoto is executive vice president for manufacturing and supply chain management. The automaker did not say whether he would take on the responsibilities of Vice COO Jun Seki, who resigned earlier this week.

https://www.autonews.com/executives/nissan-picks-hideyuki-sakamoto-board-candidate-after-sekis-resignation http://ifttt.com/images/no_image_card.png

Thursday, December 26, 2019

2019 Lists of 10: Quotables from notables

http://feeds.feedburner.com/~ff/autonews/BreakingNews?d=yIl2AUoC8zA

From Jim Hackett’s “frozen” Ford to Carlos Ghosn’s it’s all about “backstabbing.” 

https://www.autonews.com/executives/2019-lists-10-quotables-notables

2019 Lists of 10: Quotables from notables

From Jim Hackett’s “frozen” Ford to Carlos Ghosn’s it’s all about “backstabbing.” 

https://www.autonews.com/executives/2019-lists-10-quotables-notables http://ifttt.com/images/no_image_card.png

Tuesday, December 24, 2019

Uber co-founder Travis Kalanick to leave board to focus on new business

Kalanick was ousted as CEO of the ride-hailing company in 2017 as a torrent of self-inflicted scandals enveloped him and the company. For the past year, he’s been building a new real estate startup.

https://www.autonews.com/executives/uber-co-founder-travis-kalanick-leave-board-focus-new-business http://ifttt.com/images/no_image_card.png

Uber co-founder Kalanick to leave board to focus on new business

Travis Kalanick was ousted as CEO of the ride-hailing company in 2017 as a torrent of self-inflicted scandals enveloped him and the company. For the past year, he’s been building a new real estate startup.

https://www.autonews.com/executives/uber-co-founder-kalanick-leave-board-focus-new-business http://ifttt.com/images/no_image_card.png

Nissan Vice COO Jun Seki to resign in blow to turnaround plan

Seki, once a finalist to succeed former CEO Carlos Ghosn, is leaving his position leading the automaker’s recovery plan just weeks into the job. He will become president of supplier Nidec Corp.

https://www.autonews.com/executives/nissan-vice-coo-jun-seki-resign-blow-turnaround-plan http://ifttt.com/images/no_image_card.png

Nissan executive Jun Seki to resign in blow to turnaround plan

As vice-COO Seki was tasked with leading the automaker's recovery plan. He will become president of supplier Nidec Corp., which makes a wide variety of components such as small precision motors. 

https://www.autonews.com/executives/nissan-executive-jun-seki-resign-blow-turnaround-plan http://ifttt.com/images/no_image_card.png

Monday, December 23, 2019

Rivian scores $1.3 billion investment from T. Rowe Price, others

http://feeds.feedburner.com/~ff/autonews/BreakingNews?d=yIl2AUoC8zA

The funding round is the fourth this year for the electric vehicle startup and includes existing investors such as Amazon and Ford. The latest investment round also includes BlackRock Inc.

https://www.autonews.com/automakers-suppliers/rivian-scores-13-billion-investment-t-rowe-price-others

FCA communications chief takes job with Boeing

Neil Golightly, 61, presided over an FCA communications team that navigated an eventful year marked by the pending merger with France's PSA Group. https://www.autonews.com/executives/fca-communications-chief-takes-job-boeing http://ifttt.com/images/no_image_card.png

Tesla tops Musk?s $420 milestone for the first time

Elon Musk is getting a laugh out of a 503-day-old marijuana joke that securities regulators didn’t find so funny.

https://www.autonews.com/executives/tesla-tops-musks-420-milestone-first-time http://ifttt.com/images/no_image_card.png

Rivian scores $1.3 billion investment from T.Rowe Price, others

http://feeds.feedburner.com/~ff/autonews/BreakingNews?d=yIl2AUoC8zA

The funding round is the fourth this year for the electric vehicle startup and includes existing investors such as Amazon and Ford. The latest investment round also includes BlackRock Inc.

https://www.autonews.com/automakers-suppliers/rivian-scores-13-billion-investment-trowe-price-others

BENTLEY'S ADRIAN HALLMARK: EV plans key to growth

The company's CEO is confident of a strong year ahead as Bentley prepares to launch its first electric vehicle.

https://www.autonews.com/talk-top/bentleys-adrian-hallmark-ev-plans-key-growth http://ifttt.com/images/no_image_card.png

Sunday, December 22, 2019

MAZDA'S AKIRA MARUMOTO: 'We have to stick to our uniqueness'

Marumoto is seeking higher ground for his small-scale Japanese automaker. He concedes it is hard for the company to survive competing head-on with mass-market players.

https://www.autonews.com/talk-top/mazdas-akira-marumoto-we-have-stick-our-uniqueness http://ifttt.com/images/no_image_card.png

Saturday, December 21, 2019

Women comprise a third of the technology team on Ford's Mach-E

Ford's new product development process for the Mustang Mach-E prioritized speed and collaboration among engineers and designers. One of the teams behind the car also is unique for its gender diversity.

https://www.autonews.com/executives/women-comprise-third-technology-team-fords-mach-e http://ifttt.com/images/no_image_card.png

Women comprise a third of the technology team on Ford's Mach-E

http://feeds.feedburner.com/~ff/autonews/BreakingNews?d=yIl2AUoC8zA

Ford's new product development process for the Mustang Mach-E prioritized speed and collaboration among engineers and designers. One of the teams behind the car also is unique for its gender diversity.

https://www.autonews.com/executives/women-comprise-third-technology-team-fords-mach-e

Friday, December 20, 2019

Ford recalls more than 600,000 sedans in U.S. over brake pedal problem

http://feeds.feedburner.com/~ff/autonews/BreakingNews?d=yIl2AUoC8zA

The recall covers 2006-10 model year Ford Fusion, Mercury Milan and Lincoln MKZ sedans. A separate recall for spare tire corrosion covers 33 2020 F-150 pickup trucks in the U.S. and 51 in Canada.

https://www.autonews.com/regulation-safety/ford-recalls-more-600000-sedans-us-over-brake-pedal-problem

Hyundai picks Genesis' Megan Gillam for new product line management job

Gillam will lead a team of product line managers and be responsible for identifying sales performance improvement areas in marketing, incentives, pricing and product distribution. https://www.autonews.com/executives/hyundai-picks-genesis-megan-gillam-new-product-line-management-job http://ifttt.com/images/no_image_card.png

Thursday, December 19, 2019

Amazon’s van-buying spree delivers a gift to the auto industry

http://feeds.feedburner.com/~ff/autonews/BreakingNews?d=yIl2AUoC8zA

The e-commerce giant has built up a fleet of 30,000 trucks and vans since creating its own delivery network in 2018, and that's good news for manufacturers such as Mercedes-Benz, Fiat Chrysler, and Ford.

https://www.autonews.com/sales/amazons-van-buying-spree-delivers-gift-auto-industry

Tuesday, December 17, 2019

Ford to add 3,000 jobs at two Mich. plants

http://feeds.feedburner.com/~ff/autonews/BreakingNews?d=yIl2AUoC8zA

The automaker told state economic development officials that it would invest nearly $1.5 billion at its Michigan Assembly and Dearborn Truck plants. It's also building an autonomous vehicle production center nearby.

https://www.autonews.com/automakers-suppliers/ford-add-3000-jobs-two-mich-plants

Hyundai Europe COO Schmid to step down

Thomas Schmid, who is credited with increasing the automaker's sales and market share in the region, will leave the company by year end. His successor was not announced.

https://www.autonews.com/executives/hyundai-europe-coo-schmid-step-down http://ifttt.com/images/no_image_card.png

Monday, December 16, 2019

Arson not ruled out in UAW headquarters fire

The fire at UAW headquarters on Saturday, July 13, "could have been accidental or incendiary," Ted Copley, lieutenant and investigator for the Detroit Fire Department, said in an emailed statement on Monday. 

https://www.autonews.com/executives/arson-not-ruled-out-uaw-headquarters-fire http://ifttt.com/images/no_image_card.png

Ousted Renault CEO Bollore raised concerns of Nissan governance problems, report says

Former Renault CEO Thierry Bollore was concerned by the revelation that Nissan had a list of 80 managers implicated in financial dealings similar to the ones attributed to  Carlos Ghosn, a French newspaper reported.

https://www.autonews.com/executives/ousted-renault-ceo-bollore-raised-concerns-nissan-governance-problems-report-says http://ifttt.com/images/no_image_card.png

Toyota North America CEO made bold moves quietly

Jim Lentz will retire effective March 31 after a 38-year career with Toyota. He leaves behind a well-run but much altered company, and boasts a string of impressive initiatives over his long career.

https://www.autonews.com/executives/toyota-north-america-ceo-made-bold-moves-quietly http://ifttt.com/images/no_image_card.png

Saturday, December 14, 2019

Renault offers CEO job to Seat's De Meo, paper says

Luca de Meo, head of VW Group's Seat brand, will initially become CEO of Renault for two years before taking over responsibility for the automaker's alliance with Nissan, Spanish newspaper La Vanguardia reported.

https://www.autonews.com/executives/renault-offers-ceo-job-seats-de-meo-paper-says http://ifttt.com/images/no_image_card.png

Friday, December 13, 2019

French want PSA-FCA board control guarantee in merger, report says

The two companies are finalizing talks after announcing a plan for a $50 billion merger of equals in October that would create the world's fourth-largest automaker.

https://www.autonews.com/executives/french-want-psa-fca-board-control-guarantee-merger-report-says http://ifttt.com/images/no_image_card.png

Ford recalls more than 500,000 Super Duty pickups for risk of interior fire

http://feeds.feedburner.com/~ff/autonews/BreakingNews?d=yIl2AUoC8zA Ford says it's aware of one fire related to the issue, although it's not aware of any accidents or injuries.
https://www.autonews.com/regulation-safety/ford-recalls-more-500000-super-duty-pickups-risk-interior-fire

Nissan's new CEO plans to visit critical U.S. market 'soon'

Tackling Nissan’s slumping U.S. business, which accounts for 27 percent of its global sales, is a top priority for Uchida as he tries to boost profits. 

https://www.autonews.com/executives/nissans-new-ceo-plans-visit-critical-us-market-soon http://ifttt.com/images/no_image_card.png

Thursday, December 12, 2019

Tesla: Cybertruck 'very likely' to receive medium-duty classification

http://feeds.feedburner.com/~ff/autonews/BreakingNews?d=yIl2AUoC8zA

Tesla told California regulators this week its planned Cybertruck will be classified as a medium-duty pickup, putting it in a separate class from the Ford F-150 that CEO Elon Musk has been quick to pit the electric pickup against.

https://www.autonews.com/cars-concepts/tesla-cybertruck-very-likely-receive-medium-duty-classification

Nissan design star Allen to retire

During her career at Nissan, Diane Allen guided the design of several models, including the 370Z, Rogue crossover and Infiniti QX56 SUV.

https://www.autonews.com/executives/nissan-design-star-allen-retire http://ifttt.com/images/no_image_card.png