The lawsuit, filed Friday in New Jersey State Superior Court, alleges that the program would create an illegal two-tier pricing program. Lincoln reworked the program last year in an attempt to appease unhappy dealers.
https://www.autonews.com/dealers/nj-dealer-association-sues-ford-lincoln-over-standalone-store-program
Article 31 charges would strip the accused of most union benefits, although the union does not have the power to terminate their pensions.
https://www.autonews.com/executives/uaw-seeks-expel-8-members-involved-corruption-scandal http://ifttt.com/images/no_image_card.png
Duncan Movassaghi will take over as executive vice president, sales and marketing for the Volkswagen brand in the U.S. effective Feb. 3. The job had belonged to Derrick Hatami, who left VW in August.
https://www.autonews.com/executives/vw-promotes-movassaghi-top-sales-marketing-role http://ifttt.com/images/no_image_card.png
JLR parent Tata Motors said it has begun the search for a successor to Ralf Speth, who will retire from the position in September. He will become JLR's non-executive vice chairman and will remain on the board of Tata Sons, the holding company of Tata Motors.
https://www.autonews.com/executives/jaguar-land-rover-ceo-speth-step-down http://ifttt.com/images/no_image_card.png
Tata Motors said it has begun the search for a successor to Jaguar Land Rover CEO Ralf Speth will retire in September.
https://www.autonews.com/executives/jaguar-land-rover-ceo-step-down-september http://ifttt.com/images/no_image_card.png
Ghosn faces arrest in Japan for jumping bail while a former U.S. special forces soldier and two other men are accused of smuggling the former Nissan boss out of Japan.
https://www.autonews.com/executives/tokyo-prosecutors-get-arrest-warrant-ghosn-alleged-american-accomplices http://ifttt.com/images/no_image_card.png
Ralf Speth will remain as an adviser and stay on the board of Tata Sons, the holding company for Jaguar Land Rover's owner, the Financial Times reported.
https://www.autonews.com/executives/jaguar-land-rover-ceo-step-down-september-report-says http://ifttt.com/images/no_image_card.png
The formerly vacant, 505,000-square-foot depot is the centerpiece of Ford's planned mobility district in downtown Detroit that it expects to eventually employ 5,000 people in a campus that includes 1.2 million square feet of space.
https://www.autonews.com/mobility-report/ford-plans-mobility-testing-site-behind-detroit-train-station-project
It will be the Lincoln's first fully electric vehicle, but the company isn't saying when it will reach dealerships. Ford invested $500 million in Rivian last year. "Working with Rivian marks a pivotal point for Lincoln as we move toward a future that includes fully electric vehicles," Lincoln President Joy Falotico said in a statement.
https://www.autonews.com/cars-concepts/lincoln-co-develop-ev-rivian-end-mkz-sedan-output
The lawyer, Junichiro Hironaka, has denied any involvement in helping Ghosn flee and a person who answered the phone at his Tokyo office declined to comment on the report.
https://www.autonews.com/executives/japan-prosecutors-raid-office-former-ghosn-lawyer-report-says http://ifttt.com/images/no_image_card.png
Spy photographers captured the best look yet at the off-road SUV, scheduled to be unveiled this spring. Ford plans two- and four-door versions of the Bronco and it's designed to be customizable, with a removable hard top and removable doors that can be stored in the cargo area, according to people who have seen it.
https://www.autonews.com/cars-concepts/ford-bronco-suv-raptor-tires-spotted
Renault has announced Luca de Meo, formerly the head of VW Group's Seat brand, will be its new CEO. Renault and VW have reached an agreement on a noncompete clause, Automotive News Europe reported.
https://www.autonews.com/executives/renault-names-de-meo-ceo http://ifttt.com/images/no_image_card.png
Renault is ready to announce Luca de Meo, formerly the head of VW Group's Seat brand, as its new CEO as soon as this week, sources said. Renault and VW have reached an agreement on the noncompete clause, Automotive News Europe reported.
https://www.autonews.com/executives/renault-board-set-approve-de-meo-ceo http://ifttt.com/images/no_image_card.png
The automaker has agreed to an updated settlement over a 2012 class-action lawsuit concerning Focus and Fiesta sedans with faulty transmissions. A prior settlement was challenged on the grounds it did not compensate enough owners.
https://www.autonews.com/regulation-safety/ford-reaches-new-settlement-over-focus-fiesta-transmissions
Much as Henry Ford’s Model T turned the gasoline-powered automobile into a mass-market product, GM’s Cruise Origin aims to make mobility-as-a-service a compelling consumer option. Once challenge: No federal regulatory framework.
https://www.autonews.com/mobility-report/gm-envisions-its-av-next-model-t
The veteran guided the launch of a new crossover lineup over the last two years that led to an increase in U.S. market share and positioned the brand for long-term growth after struggling with a car-heavy mix.
https://www.autonews.com/executives/hyundai-product-vp-michael-obrien-depart http://ifttt.com/images/no_image_card.png
According to Lebanon's rules for dealing with Interpol notices, the countries now have about 40 days to reach an agreement on either extraditing Ghosn to Japan or having him stand trial in Lebanon, Reuters reported.
https://www.autonews.com/executives/lebanon-and-japan-have-40-days-agree-ghosns-fate-report-says http://ifttt.com/images/no_image_card.png
Authorities in France have been investigating whether former Renault-Nissan boss Carlos Ghosn knowingly used company resources to throw a party at Versailles palace that was for private purposes.
https://www.autonews.com/executives/french-prosecutors-move-ahead-ghosn-palace-party-investigation http://ifttt.com/images/no_image_card.png
Ford said the "remeasurement loss" on pension and retirement liabilities is expected to reduce its quarterly net income by about $1.7 billion, although Ford said it will not impact its total adjusted earnings.
https://www.autonews.com/automakers-suppliers/ford-expects-22-billion-q4-hit-because-pension-plans
VW Group CEO Herbert Diess said the automaker would like to keep Luca De Meo but accepts that he will leave the company.
https://www.autonews.com/executives/vws-diess-says-former-seat-ceo-de-meo-probably-talks-renault http://ifttt.com/images/no_image_card.png
Ford said the "remeasurement loss" on pension and retirement liabilities is expected to reduce its quarterly net income by about $1.7 billion, although Ford said it will not impact its total adjusted earnings.
https://www.autonews.com/automakers-suppliers/ford-expects-22-billion-q4-hit-due-pension-plans
The automakers and other companies are restricting non-essential travel to Wuhan, the epicenter of the contagion that so far has killed nine people and seen cases spread across the region and even to the U.S.
https://www.autonews.com/china/gm-ford-limit-china-travel-guard-against-deadly-virus
President Trump, during a meeting with reporters on Wednesday, said this about Elon Musk: “I was worried about him, because he’s one of our great geniuses, and we have to protect our genius."
https://www.autonews.com/executives/trump-praises-musk-wants-protect-genius http://ifttt.com/images/no_image_card.png
Maserati tapped former Mitsubishi executive Bernard Loire as its new chief commercial officer, while Paolo Tubito, an ex-Nike executive, becomes its chief marketing officer.
https://www.autonews.com/executives/maserati-hires-sales-marketing-leaders http://ifttt.com/images/no_image_card.png
Ghosn made the prediction in conversations with a lawyer about his arrest and prosecution.
https://www.autonews.com/executives/ghosn-predicted-nissan-will-go-bankrupt-2022-lawyer-says http://ifttt.com/images/no_image_card.png
Former Nissan director Greg Kelly could be acquitted over financial misconduct charges, according to lawyer Nobuo Gohara, a vocal critic of what he describes as Japan's "hostage" justice system.
https://www.autonews.com/executives/ghosns-former-colleague-kelly-stands-high-chance-acquittal-japan-ex-prosecutor-says http://ifttt.com/images/no_image_card.png
Garrett Motion, formerly Honeywell, is replacing its lost business in diesels with advanced turbos for gasoline and hybrid powertrains.
https://www.autonews.com/executives/garrett-wants-big-gains-e-boosting-systems http://ifttt.com/images/no_image_card.png
People have been posting photos of themselves and their children stuffed inside instrument cases, a trend that's become known as "playing Ghosn."
https://www.autonews.com/executives/playing-ghosn-pranks-prompt-safety-warning http://ifttt.com/images/no_image_card.png
The Ghosn incident is seen as serious enough to affect relations between Japan and Lebanon. The small Middle East country is dependent on overseas aid and for decades has walked a tightrope in a region where various powers have fought for control and influence.
https://www.autonews.com/executives/lebanon-pressed-ghosn-not-accuse-specific-japanese-government-officials http://ifttt.com/images/no_image_card.png
With Dane Parker at the helm of GM's sustainability efforts, the automaker slashed its manufacturing carbon intensity by 20 percent -- three years ahead of its goal.
https://www.autonews.com/executives/gm-appoints-first-chief-sustainability-officer http://ifttt.com/images/no_image_card.png
Kariem, formerly director of Region 1D, replaces Rory Gamble, who last year was named president of the union.
https://www.autonews.com/executives/uaw-names-gerald-kariem-new-vp-director-ford-department
Kariem, formerly director of Region 1D, replaces Rory Gamble, who last year was named president of the union.
https://www.autonews.com/executives/uaw-names-gerald-kariem-new-vp-director-ford-department http://ifttt.com/images/no_image_card.png
https://www.autonews.com/manufacturing/detroit-3-labor-costs-rise-steadily-over-next-4-years-under-new-uaw-contract
Vincent Cobee, a veteran Renault-Nissan executive, will head Citroen while Beatrice Foucher, a former Renault product director, will lead PSA's DS upscale brand.
https://www.autonews.com/executives/psa-names-former-renault-nissan-execs-head-citroen-ds-brands http://ifttt.com/images/no_image_card.png
After his arrest in Japan, Ghosn was was visited by the French ambassador who said Nissan was turning against him.
https://www.autonews.com/executives/ghosn-says-french-envoy-told-him-nissan-was-turning-against-him http://ifttt.com/images/no_image_card.png
Shortly after Carlos Ghosn fled Japan and surfaced in Beirut, Japanese authorities issued an arrest warrant for his wife on suspicion of alleged perjury related to a misappropriation charge against her husband.
https://www.autonews.com/executives/im-happy-he-did-it-ghosns-wife-slams-japanese-justice http://ifttt.com/images/no_image_card.png
The expansion would boost the automaker's annual production capacity at the factory to 40,000 vehicles from the current volume of 14,000.
https://www.autonews.com/manufacturing/ford-investing-82-million-expand-vietnam-plant
Charles Becker went on to found Becker Ventures LLC, a private equity firm with investments in real estate, hospitality, health and industrial manufacturing.
He also served on various industry boards, including Collins & Aikman, Metaldyne and TriMas.
https://www.autonews.com/executives/longtime-supplier-executive-charles-becker-dies-72 http://ifttt.com/images/no_image_card.png
