Thursday, February 28, 2019
GM execs Batey, Boler Davis to leave company
2019 Ford Super Duty F-250 SRW LARIAT
2019 Ford Explorer XLT
2019 Ford Super Duty F-250 SRW Platinum
2019 Ford Explorer XLT
2019 Ford Super Duty F-250 SRW
Ghosn applies for bail for third time after 100 days in jail
Carlos Ghosn and his new team of lawyers have made a third application for bail in Japan, seeking to end an incarceration that has lasted 100 days.
https://www.autonews.com/executives/ghosn-applies-bail-third-time-after-100-days-jail http://ifttt.com/images/no_image_card.pngWednesday, February 27, 2019
Tesla bond payment coming due; Musk changes his Twitter name
Tesla's share price was already nowhere near the necessary level to help convert its $920 million in bonds to stock. Meanwhile, CEO Elon Musk changed his Twitter display name to "Elon Tusk" in another late-night flurry of tweets.
https://www.autonews.com/executives/tesla-bond-payment-coming-due-musk-changes-his-twitter-name http://ifttt.com/images/no_image_card.pngVW praises Ford's autonomous tech as partnership talks continue
Ford's China JV cuts back on agency-supplied workers
The Detroit automaker's joint venture with Changan Automobile Group has decided not to renew its contract with some of the agencies.
https://www.autonews.com/china/fords-china-jv-cuts-back-agency-supplied-workersFord's China JV has begun laying off thousands, report says
Weak auto sales in the world's second-largest economy prompted the decision, according to a New York Times report.
https://www.autonews.com/china/fords-china-jv-has-begun-laying-thousands-report-saysFord's China JV has begun laying off thousands of workers, report says
Weak auto sales in the world's second-largest economy prompted the decision, according to a New York Times report.
https://www.autonews.com/china/fords-china-jv-has-begun-laying-thousands-workers-report-saysTuesday, February 26, 2019
Who is Musk's mystery 'Twitter sitter' at Tesla?
Tesla has declined to identify the in-house lawyer who is supposed to watch over Musk’s prodigious -- and legally contentious -- tweeting habits. It begs the question: Who can reel him in?
https://www.autonews.com/executives/who-musks-mystery-twitter-sitter-tesla http://ifttt.com/images/no_image_card.pngFCA bets $4.5 billion on Michigan to build new Jeep models
Fiat Chrysler Automobiles said it will invest $4.5 billion in five plants to build new models of Jeeps, hoping to bolster the brand so it can compete more effectively in the lucrative market for large SUVs and crossovers currently dominated by GM and Ford.
https://www.autonews.com/manufacturing/fca-bets-45-billion-michigan-build-new-jeep-modelsFCA to invest $4.5B in Michigan plants for new Jeep models
Fiat Chrysler Automobiles said it will invest $4.5 billion in five plants to build new models of Jeeps, hoping to bolster the brand so it can compete more effectively in the lucrative market for large SUVs and crossovers currently dominated by GM and Ford.
https://www.autonews.com/manufacturing/fca-invest-45b-michigan-plants-new-jeep-modelsFCA to invest $4.5 billion in Michigan plants for new Jeep SUV models
Fiat Chrysler Automobiles said it will invest $4.5 billion in five plants to build new models of Jeeps, hoping to bolster the brand so it can compete more effectively in the lucrative market for large SUVs and crossovers currently dominated by GM and Ford.
https://www.autonews.com/manufacturing/fca-invest-45-billion-michigan-plants-new-jeep-suv-modelsVW to invest $1.7 billion in Ford's Argo AI, report says
Musk?s tweeting gets him in hot water with SEC ? again
Elon Musk is facing a new round of regulatory trouble for tweets about Tesla, raising fresh concerns about the CEO’s ability to keep his impulses in check and responsibly run a public company.
https://www.autonews.com/executives/musks-tweeting-gets-him-hot-water-sec-again http://ifttt.com/images/no_image_card.png2017 Nissan Altima 2.5 SL
2019 Ford Edge SEL
2011 Ford F-150 King Ranch
2014 Lincoln MKS 4DR SDN 3.7L FW
2019 Ford Fiesta SE
2019 Ford Edge Titanium
2019 Ford EcoSport SE
Monday, February 25, 2019
Musk faces U.S. contempt claim over SEC accord
The Securities and Exchange Commission asked a judge to hold Elon Musk in contempt for violating last year’s settlement with the agency, raising a new round of regulatory issues for the embattled Tesla CEO.
https://www.autonews.com/executives/musk-faces-us-contempt-claim-over-sec-accord http://ifttt.com/images/no_image_card.pngGhosn's epic downfall spooks foreign executives about Japan
As Carlos Ghosn enters his fourth month in jail and awaits a trial still several months away, the imprisonment of the Japanese business world’s most high-profile foreigner may stymie the nation’s efforts to diversify its corporate ranks with overseas talent.
https://www.autonews.com/executives/ghosns-epic-downfall-spooks-foreign-executives-about-japan http://ifttt.com/images/no_image_card.pngBill Ford: Mustang-inspired electric crossover 'going to go like hell'
When Ford Motor Co. was attempting to dethrone Ferrari on the racetrack at Le Mans, then-President Henry Ford II had one directive for his drivers: "Go like hell."
More than a half-century later, Hank the Deuce's nephew called on that phrase to help define the company's first battery-electric crossover, due out next year.
Speaking Monday at the Crain's Detroit Business Newsmaker of the Year luncheon, Ford Executive Chairman Bill Ford said the Mustang-inspired vehicle "is going to go like hell."
The callback to that phrase isn't an accident. It underscores a change in strategy for how Ford views its EVs. The company's early forays into electrification included now-discontinued vehicles such as the Focus Electric and C-Max plug-in hybrid that were known more for their fuel economy than performance capabilities.
"When we first started talking about electrification, there was this thought that there had to be a trade-off: It was either going to be green and boring and no fun, or really exciting but burn a lot of fossil fuels," Ford said. "Electrification has come to the point that you can do both."
The vehicle will have a range of more than 300 miles. Production was originally slated for Flat Rock, Mich., near Detroit, but Ford last year decided instead to build the vehicle in Mexico.
Ford has created a dedicated business unit, dubbed Team Edison, to handle production of its EVs. The team is based in Corktown, a Detroit neighborhood where the automaker is spending roughly $740 million to rehab an old train station.
The station, abandoned for decades, will become the centerpiece of a new campus the company will use to woo young talent. The renovation is expected to take four years.
Ford said Monday he'd like to fill the building with a mix of suppliers, software developers, tech startups and — potentially — other automakers.
Ford last month announced the beginning of a global alliance with Volkswagen Group that will include collaborating on pickups and commercial vans. The two sides are also discussing electric and autonomous vehicle development.
Ford said VW, in theory, could lease space in the building.
"It could be them," he said. "Anybody who wants to come down and be part of this ecosystem, we'd love it."
Crain's Detroit Business is an affiliate of Automotive News.
https://www.autonews.com/future-product/bill-ford-mustang-inspired-electric-crossover-going-go-hell-0Bill Ford: Mustang-inspired electric crossover 'going to go like hell'
Bill Ford said Ford Motor's EV crossover will have a range of more than 300 miles. Production was originally slated for Flat Rock, Mich., near Detroit, but Ford last year decided instead to build the vehicle in Mexico.
https://www.autonews.com/future-product/bill-ford-mustang-inspired-electric-crossover-going-go-hellVW shuffles management responsibilities at core brand
Volkswagen Group said Christian Senger will take over VW's Digital Car & Services and head up group-wide cooperation on software and smart mobility concepts.
https://www.autonews.com/executives/vw-shuffles-management-responsibilities-core-brand http://ifttt.com/images/no_image_card.pngMusk should face liability for tweets, caver says
Elon Musk’s allegedly defamatory tweets calling a British cave rescuer a "pedo guy" can’t be just be pooh-poohed as mere opinion, says the caver who sued the Tesla CEO last year.
https://www.autonews.com/executives/musk-should-face-liability-tweets-caver-says http://ifttt.com/images/no_image_card.pngFord cuts deep in S. America but won't give up
Ford's actions in its financially troubled South American region underscore its focus on slashing money-losing ventures while keeping what works
https://www.autonews.com/manufacturing/ford-cuts-deep-s-america-wont-giveBainwol joins Ford
The head of the powerful Alliance of Automobile Manufacturers is leaving to lead Ford Motor Co.'s worldwide lobbying efforts.
https://www.autonews.com/executives/bainwol-joins-ford http://ifttt.com/images/no_image_card.pngMusk's pad: No Tesla factory
The luxury home website American Luxury gives us a peak of Elon Musk's $4.5 million dollar Bel Air, Calif. home, which is currently for sale.
https://www.autonews.com/executives/musks-pad-no-tesla-factory http://ifttt.com/images/no_image_card.pngLohscheller to speak at Europe Congress
Sunday, February 24, 2019
2015 Ford Focus SE
Ghosn's new legal team directs blame at Nissan
As Carlos Ghosn heads into his fourth month locked in a Japanese jail, his lawyers are turning the blame back at Nissan in a reinvigorated legal offensive. The new narrative: This case is "not normal."
https://www.autonews.com/executives/ghosns-new-legal-team-directs-blame-nissan http://ifttt.com/images/no_image_card.pngSaturday, February 23, 2019
2008 GMC Yukon SLT w/4SB
2019 Ford Fusion S
2019 Ford F-150
2019 Ford F-150
2019 Ford Explorer XLT
2019 Ford F-150
2019 Ford Explorer XLT
2019 Ford Super Duty F-250 SRW LARIAT
2019 Ford Fusion SE
2019 Ford F-150
2019 Ford F-150
2019 Ford Explorer Limited
2019 Ford Fiesta SE
2019 Ford Fiesta SE
2019 Ford Fiesta SE
2019 Ford F-150
2019 Ford F-150
2019 Ford F-150
2019 Ford F-150
2019 Ford F-150
2019 Ford F-150
2019 Ford F-150
Friday, February 22, 2019
Like EVs, rockets and tunnels, Tesla's Musk goes big with household finances
Elon Musk, who has routinely used his shares in Tesla to obtain personal loans, recently took out $61 million in mortgages on five properties in California.
https://www.autonews.com/executives/evs-rockets-and-tunnels-teslas-musk-goes-big-household-finances http://ifttt.com/images/no_image_card.pngFCA sets $14M compensation target for CEO Manley
Fiat Chrysler set an annual compensation target for CEO Mike Manley consisting of pay, cash and equity bonuses of $14 million, the automaker disclosed in a regulatory filing.
https://www.autonews.com/executives/fca-sets-14m-compensation-target-ceo-manley http://ifttt.com/images/no_image_card.pngJim Englehart, former product development chief at Ford, dies at 82
Jim Englehart helped bring many of today's most popular pickups and SUVs to market, such as the F-150, Ford Explorer and Ford Expedition.
https://www.autonews.com/executives/jim-englehart-former-product-development-chief-ford-dies-82 http://ifttt.com/images/no_image_card.pngJim Englehart, former product development chief at Ford, dies at 82
Jim Englehart helped bring many of today's most popular pickups and SUVs to market, such as the F-150, Ford Explorer and Ford Expedition.
https://www.autonews.com/executives/jim-englehart-former-product-development-chief-ford-dies-82John Englehart, former product development chief at Ford, dies at 82
John Englehart helped bring many of today's most popular pickups and SUVs to market, such as the F-150, Ford Explorer and Ford Expedition.
https://www.autonews.com/executives/john-englehart-former-product-development-chief-ford-dies-82 http://ifttt.com/images/no_image_card.pngFord probably tripped by emissions math, expert says
Automakers have a tough time estimating road load -- industry jargon for factors that can reduce fuel economy, including friction, weight and aerodynamics, said an independent consultant.
https://www.autonews.com/regulation-safety/ford-probably-tripped-emissions-math-expert-saysHenry Ford III joins Ford Foundation board
Henry Ford III is the first family member to sit on the foundation's board since his grandfather, Henry Ford II, resigned in 1976 after 33 years of service as president, chair, and a trustee.
https://www.autonews.com/executives/henry-ford-iii-joins-ford-foundation-board http://ifttt.com/images/no_image_card.pngHenry Ford III joins Ford Foundation board
Henry Ford III is the first family member to sit on the foundation's board since his grandfather, Henry Ford II, resigned in 1976 after 33 years of service as president, chair, and a trustee.
https://www.autonews.com/executives/henry-ford-iii-joins-ford-foundation-board2014 Ford Edge Limited
2019 Ford F-150
2019 Ford Escape SEL
2019 Ford Escape S
AutoNation picks auto industry outsider to replace Jackson as CEO
The largest U.S. dealership group selected Carl Liebert – a financial services executive who has worked for some of America’s best-known retail brands -- to replace longtime CEO Mike Jackson, who will become executive chairman.
https://www.autonews.com/executives/autonation-picks-auto-industry-outsider-replace-jackson-ceo http://ifttt.com/images/no_image_card.pngRenault-Nissan probe examines Ghosn's lavish Copacabana trip, report says
A joint probe by Renault-Nissan is investigating a vacation that allowed eight couples to enjoy parades and parties at Rio de Janeiro’s carnival and cost the alliance $260,000, Bloomberg reported.
https://www.autonews.com/executives/renault-nissan-probe-examines-ghosns-lavish-copacabana-trip-report-says http://ifttt.com/images/no_image_card.pngThursday, February 21, 2019
Ford investigating possible problems with fuel economy, emissions tests
Ford has been investigating concerns raised by employees that incorrect calculations were used to translate test results into the mileage and emissions data submitted to regulators, a spokeswoman said.
https://www.autonews.com/regulation-safety/ford-investigating-possible-problems-fuel-economy-emissions-tests