The deal approved by a federal judge lays out in more detail what types of statements by CEO Elon Musk must be reviewed by Tesla's legal counsel before publication, such as financial statements, previously unreported production or delivery numbers, and other topics.
https://www.autonews.com/executives/musk-sec-deal-over-twitter-use-approved-judge https://s3-prod.autonews.com/s3fs-public/styles/width_300/public/musk_i.jpgTuesday, April 30, 2019
Ford reaches agreement with workers at Brazilian plant slated to close
The agreement would allow for Ford's workers to transition from employment with the U.S. automaker to a potential buyer, if a deal closes.
https://www.autonews.com/manufacturing/ford-reaches-agreement-workers-brazilian-plant-slated-close2017 Ford Focus SEL
History doesn't favor deals like Rivian-Ford venture
Over time, it's mostly proved too hard to blend two cultures, technologies and product development systems to produce a great vehicle.
https://www.autonews.com/blogs/history-doesnt-favor-deals-rivian-ford-ventureFord eyes on-demand car washes, in-vehicle Amazon delivery
The services are part of an expansion of the FordPass smartphone app launched in 2016.
https://www.autonews.com/mobility-report/ford-eyes-demand-car-washes-vehicle-amazon-deliveryBarra on EV pickup: GM ‘will not cede our leadership'
GM CEO Mary Barra's comments follow Ford announcing plans to invest $500 million in electric vehicle startup Rivian with plans to build a battery EV using Rivian's flexible skateboard platform.
https://www.autonews.com/cars-concepts/barra-ev-pickup-gm-will-not-cede-our-leadershipFord adding on-demand car washes, in-vehicle Amazon delivery
The services are part of an expansion of the FordPass smartphone app launched in 2016.
https://www.autonews.com/mobility-report/ford-adding-demand-car-washes-vehicle-amazon-delivery2019 Ford F-150
Monday, April 29, 2019
GM goes virtual with 2019 annual meeting
GM will host its 2019 annual shareholders meeting on June 4 via a live video webcast. Shareholders will not be allowed to attend the meeting in person.
https://www.autonews.com/executives/gm-goes-virtual-2019-annual-meeting https://s3-prod.autonews.com/s3fs-public/styles/width_300/public/barrannual-main_i.jpgNissan, Japan reject merger overture from Renault chief, report says
Nissan and the government of Japan have spurned efforts by Renault, Nissan’s French partner, to engage in merger talks, the Financial Times reported.
https://www.autonews.com/executives/nissan-japan-reject-merger-overture-renault-chief-report-says https://s3-prod.autonews.com/s3fs-public/styles/width_300/public/ANE_181129989_AR_-1_UWPVJVZBGIQT.jpgTesla says may seek alternative financing sources
Wall Street has been looking for more details after CEO Elon Musk suggested last week that a capital raise for Tesla could be imminent as the electric vehicle maker posted a $700 million loss for the first quarter.
https://www.autonews.com/executives/tesla-says-may-seek-alternative-financing-sources https://s3-prod.autonews.com/s3fs-public/styles/width_300/public/TESLAEARNINGS-MAIN_i.jpgFiat Chrysler CEO 100% sure carmaker can survive tech disruption
Fiat Chrysler Automobiles is a “house of brands” and that ensures it will be one of the few traditional automakers to survive the disruption the car industry is facing, CEO Mike Manley said.
https://www.autonews.com/executives/fiat-chrysler-ceo-100-sure-carmaker-can-survive-tech-disruption https://s3-prod.autonews.com/s3fs-public/styles/width_300/public/8Manley-MAIN_0.jpgSeat's Casanovas looks to future mobility
Musk keeps talking the talk
Marchionne heirs in line for Ferrari stock awards
An unusual clause provides for up to $90 million in shares for the family of the former Fiat Chrysler CEO.
https://www.autonews.com/executives/marchionne-heirs-line-ferrari-stock-awards https://s3-prod.autonews.com/s3fs-public/styles/width_300/public/1SERGIO-MAIN_i.jpgFord ‘very encouraged' after Q1 progress
Sunday, April 28, 2019
Musk must face cave rescuer lawsuit over ?Pedo Guy? Tweet
A federal judge in Los Angeles ruled Tesla CEO Elon Musk can’t duck behind an “imaginative insult” defense to escape a lawsuit by a British cave rescuer who took offense at being called a “pedo guy" after he had ridiculed Musk’s mini-submarine.
https://www.autonews.com/executives/musk-must-face-cave-rescuer-lawsuit-over-pedo-guy-tweet http://ifttt.com/images/no_image_card.png2019 Lincoln MKZ Reserve I
2019 Ford Transit Van
Incoming Daimler CEO weighs billions in cost cuts
New boss Ola Källenius reportedly is looking for about $6.75 billion in cost savings and efficiency gains by 2021 at Mercedes-Benz car plants.
https://www.autonews.com/executives/incoming-daimler-ceo-weighs-billions-cost-cuts https://s3-prod.autonews.com/s3fs-public/styles/width_300/public/KALLENIUS-MAIN.jpgSaturday, April 27, 2019
FCA tapping two executives to replace longtime powertrain chief
Fiat Chrysler Automobiles is replacing its global head of powertrains, a top-ranked executive retiring after this month, with two people for the time being.
https://www.autonews.com/executives/fca-tapping-two-executives-replace-longtime-powertrain-chief https://s3-prod.autonews.com/s3fs-public/styles/width_300/public/fca_0.jpg2019 Ford F-150
2016 Lincoln MKX Select
2019 Ford Escape SEL
2019 Ford F-150
2019 Ford Escape SEL
2019 Ford Super Duty F-350 DRW STX
2019 Ford Escape SEL
2019 Ford F-150
2019 Ford F-150
2019 Ford Ranger
2019 Ford F-150
2019 Ford F-150
2019 Ford F-150 Raptor
2019 Ford Explorer Sport
2019 Ford F-150
Friday, April 26, 2019
Musk, SEC settle legal dustup over his Tweets
Tesla CEO Elon Musk and the SEC settled a legal dispute over how Musk posts news about the EV maker, avoiding a decision by a federal judge in New York on whether the billionaire should be held in contempt of court.
https://www.autonews.com/executives/musk-sec-settle-legal-dustup-over-his-tweets https://s3-prod.autonews.com/s3fs-public/styles/width_300/public/2016-07-27T015408Z_2137315902_TM3EC7Q1OIN01_RTRMADP_3_TESLA-GIGAFACTORY.jpgMusk, SEC get more time to settle fight over tweets
In a joint letter to U.S. District Judge Alison Nathan, Tesla's CEO and the SEC said that talks over the past three weeks had yet to produce a settlement. Nathan granted the request.
https://www.autonews.com/executives/musk-sec-get-more-time-settle-fight-over-tweets https://s3-prod.autonews.com/s3fs-public/styles/width_300/public/musk_i.jpgFord facing U.S. criminal probe into emissions testing
The Justice Department has opened a criminal investigation into Ford’s emissions certification process. The automaker first disclosed problems with its testing two months ago.
https://www.autonews.com/regulation-safety/ford-facing-us-criminal-probe-emissions-testingMusk, SEC ask for more time to settle fight over tweets
In a joint letter to U.S. District Judge Alison Nathan, Tesla's CEO and the securities regulator said that talks over the past three weeks had yet to produce a settlement.
https://www.autonews.com/executives/musk-sec-ask-more-time-settle-fight-over-tweets https://s3-prod.autonews.com/s3fs-public/styles/width_300/public/musk_i.jpgFord Q1 net profit falls 34% on one-time charges; shares rise
Ford's first-quarter profit fell 34 percent to $1.15 billion, on one-time charges, but the company said it was on track to generate better results in 2019 than it did last year. Earnings before interest and taxes rose 12 percent to $2.45 billion, including a 14 percent gain in North America, behind strong light-truck sales.
https://www.autonews.com/automakers-suppliers/ford-q1-net-profit-falls-34-one-time-charges-shares-rise