Dennis Williams faces up to five years in prison and a fine of up to $250,000, although he'll likely receive a sentence between 18 and 24 months as part of his plea agreement. There was no agreement on a fine.
https://www.autonews.com/executives/ex-uaw-president-williams-pleads-guilty-embezzlement http://ifttt.com/images/no_image_card.png
The recalled vehicles are from the 2020 model year and include certain Ford Edge, Escape, Expedition, Explorer, F-150, F-250 SD, F-350 SD, F-450 SD, F-550 SD, Mustang, Ranger and Transit vehicles. The 2020 Lincoln Corsair and Nautilus are also part of the recall.
https://www.autonews.com/regulation-safety/ford-recall-700000-vehicles-north-america-over-rearview-camera-defect
The recalled vehicles are from the 2020 model year and include certain Ford Edge, Escape, Expedition, Explorer, F-150, F-250 SD, F-350 SD, F-450 SD, F-550 SD, Mustang, Ranger and Transit vehicles. The 2020 Lincoln Corsair and Nautilus are also part of the recall.
https://www.autonews.com/regulation-safety/ford-recall-620000-vehicles-us-over-rearview-camera-defect
The trial could cause unease for VW Group and Audi if defendants or witnesses contradict VW's defense that top executives were unaware of engine manipulation uncovered by U.S. regulators five years ago.
https://www.autonews.com/executives/former-audi-ceo-stadler-faces-diesel-fraud-charges-german-court http://ifttt.com/images/no_image_card.png
The upcoming electric crossover will cost between $1,000 and $3,000 less, depending on trim, than originally announced.
https://www.autonews.com/retail/ford-cuts-mustang-mach-e-prices-ahead-launch
The redesigned pickup, on sale in November, will be able to tow up to 14,000 pounds and haul 3,325 pounds. Ford says both figures will top the light duty fullsize pickup segment.
https://www.autonews.com/cars-concepts/ford-f-150-hybrid-produce-430-hp-record-570-pound-feet-torque
The funds will help Northvolt expand its production and R&D activities as it gears up to start churning out battery cells next year. The company was founded by former Tesla executives.
https://www.autonews.com/executives/battery-cell-developer-northvolt-draws-backing-spotify-ceo http://ifttt.com/images/no_image_card.png
The former Nissan chairman is working with the business school at the Université Saint-Esprit de Kaslik north of Beirut to develop programs to coach executives, offer technology training and help startups to create jobs. Ghosn fled Japan, where he was facing trial, to Lebanon in December 2019.
https://www.autonews.com/executives/carlos-ghosn-launching-business-program-lebanon-university http://ifttt.com/images/no_image_card.png
John Elkann, head of Fiat Chrysler parent Exor, will be Stellantis chairman, with Robert Peugeot as vice chairman. PSA CEO Carlos Tavares will be a board member.
https://www.autonews.com/executives/fcas-manley-excluded-board-merged-company-psa http://ifttt.com/images/no_image_card.png
The redesigned pickup, on sale in November, will be able to tow up to 14,000 pounds and haul 3,325 pounds. Ford says both figures will top the light duty fullsize pickup segment.
https://www.autonews.com/cars-concepts/ford-f-150-hybrid-produce-430-hp-record-570-lb-ft-torque
Unifor said 81 percent of workers who participated voted in favor of the contract. Workers voted virtually on the deal Sunday through Monday morning.
https://www.autonews.com/manufacturing/fords-3-year-labor-contract-canada-ratified-unifor-members
While Germany has given coronavirus-related support to companies such as supplier Leoni, Ford would be the first major automaker in the country to receive loan help from the government. German business daily Handelsblatt reported on the move.
https://www.autonews.com/automakers-suppliers/ford-applies-german-coronavirus-state-aid-report-says
After the bumpy tenures of Ford's last two CEOs, Jim Farley takes over the automaker this week with a number of high-profile EVs on tap and the task of navigating a quickly changing industry without losing sight of Ford's big profit areas.
https://www.autonews.com/executives/farley-takes-reins-ford-aims-evolve-industry http://ifttt.com/images/no_image_card.png
After the bumpy tenures of Ford's last two CEOs, Jim Farley takes over the automaker this week with a number of high-profile EVs on tap and the task of navigating a quickly changing industry without losing sight of Ford's big profit areas.
https://www.autonews.com/executives/farley-takes-reins-ford-aims-evolve-industry
Wage gains for members include a two-year reduction in the contentious 10-year wage grow-in period, two CND$2,000 “inflation protection” bonuses, a CND$7,250 “productivity and quality bonus” and two general wage increases of 2.5 percent for workers at the full pay rate, according to the Canadian union.
https://www.autonews.com/manufacturing/ford-unifor-deal-has-wage-gains-bonuses-shorter-grow-period
Dieter Zetsche, 67, told a German newspaper: "Naturally I would like to have done the job. I also believe I would have done it well. But in the end I decided that I do not want it, that I renounce this opportunity."
https://www.autonews.com/executives/zetsche-declines-take-chairmans-post-daimler http://ifttt.com/images/no_image_card.png
Dieter Zetsche, 67, told a German newspaper: "Naturally I would like to have done the job. I also believe I would have done it well. But in the end I decided that I do not want it, that I renounce this opportunity."
https://www.autonews.com/executives/zetsche-declines-take-chairmans-post-daimler http://ifttt.com/images/no_image_card.png
Mark LaNeve, Ford's vice president of U.S. marketing, sales and service, said he thinks Ford will initially be able to convert "over 75 percent" of its 165,000 Bronco reservations.
https://www.autonews.com/dealers/ford-details-bronco-allocation-process-dealers-top-performers-could-get-hundreds
Domenicali guided VW's supercar brand through a crucial transformation after he became CEO in 2016, with the introduction of the Urus SUV, more than 700 new hires and a doubling of global sales. Lamborghini did not name Domenicali's successor.
https://www.autonews.com/executives/lamborghini-ceo-domenicali-steps-down-become-formula-one-boss http://ifttt.com/images/no_image_card.png
It's part of a new campaign meant to highlight in a more aggressive way the steps Ford is taking to combat climate change and reduce tailpipe pollution.
https://www.autonews.com/marketing/ford-ad-calls-out-chevy-jeep-toyota-over-california-emissions
Winterkorn and other VW executives face charges for their role in allowing diesel cars with excessive pollution levels to be sold, and for failing to inform investors about the extent of the emissions fraud.
https://www.autonews.com/executives/german-court-opens-criminal-proceeedings-against-former-vw-ceo-winterkorn http://ifttt.com/images/no_image_card.png
Longtime auto dealer Rick Case died Sept. 21 after a short battle with cancer. In his nearly 60 years in auto retail, Case helped launch some of the first U.S. dealerships for several car brands and set many sales records.
https://www.autonews.com/executives/florida-dealer-rick-case-dies-cancer http://ifttt.com/images/no_image_card.png
The eight are accused of fraud, false certification and violation of the law against unfair competition, German prosecutors said.
https://www.autonews.com/executives/eight-more-vw-employees-charged-diesel-scandal http://ifttt.com/images/no_image_card.png
This is the second round of disaster relief extended by the lender this month amid an active hurricane and wildfire season.
https://www.autonews.com/finance-insurance/ford-credit-offers-relief-customers-path-hurricanes-fires
The agreement, which still must be ratified by workers, calls for a $1.35 billion retooling for the automaker’s Oakville, Ontario, assembly plant to build electric vehicles, the union said. Unifor will bargain with Fiat Chrysler Automobiles next.
https://www.autonews.com/automakers-suppliers/ford-unifor-reach-tentative-deal-includes-146b-investment
The agreement, which still must be ratified by workers, includes investments for the automaker’s Oakville, Ontario, assembly plant to build electric vehicles. The union said it will bargain with Fiat Chrysler Automobiles next.
https://www.autonews.com/automakers-suppliers/ford-unifor-reach-tentative-deal-avert-strike
The extension temporarily averts a potential strike by about 6,300 Ford workers, though Unifor would be in a legal position to do so on Tuesday. Talks have focused extensively on product plans for Ford’s Oakville, Ont., plant.
https://www.autonews.com/automakers-suppliers/ford-unifor-bargain-past-strike-deadline-and-keep-output-going
The automaker reversed course after enthusiasts grumbled that the off-road package only was available on Broncos with a 10-speed automatic transmission.
https://www.autonews.com/cars-concepts/ford-gives-bronco-sasquatch-package-manual-option
Balancing product-mix and dealer inventory should be key priorities for Porsche's newly minted U.S. CEO, dealers say.
https://www.autonews.com/executives/porsches-new-us-ceo-steps-growth-story http://ifttt.com/images/no_image_card.png
While Tesla, Nikola and other companies launching electric pickups aim for lifestyle buyers, Ford believes it can impress work users by promoting the battery-powered F-150 as a more capable, powerful and cost-effective variation on the nation's top seller.
https://www.autonews.com/mobility-report/f-150-ev-will-outwork-competition-ford-says
The Toronto Star reports that the federal Liberal government is eager to Ford Motor Co. the company bring electric vehicle production to Ontario as part of an eventual $1.5-billion investment.
https://www.autonews.com/manufacturing/canada-offers-ford-380m-bring-ev-assembly-ontario-report-says
A federal judge in Nevada said Tesla failed to show that Martin Tripp's disclosure of confidential information caused a $167 million decline in the electric car maker's market value.
https://www.autonews.com/executives/judge-narrows-tesla-lawsuit-against-former-employee-dismisses-defamation-counterclaim http://ifttt.com/images/no_image_card.png
